The Ultimate Checklist for First-Time Homebuyers in Kerala

Thinking about owning your first home in Kerala? It is a significant step, yet it can be confusing. From verifying documents to negotiating with the right builder, there are so many things to consider. This guide will take you through the most critical legal checks. A well-designed checklist makes it easy and protects you when buying a property in Kochi or anywhere in Kerala.

Let’s find out what all first-time buyers should know before they sign an agreement.

Legal Checklist for Buying a Home in Kerala

Before buying a home in any of the projects in Kerala, double-check all the legal documents to avoid any potential risks. This protects you from fraud and helps you make the right decision.

1. Take a Look at the Title Deed and Ownership

Always insist on the title deed. This reveals the owner of the home. Check if the deed name is the same as the seller. You also have to get an Encumbrance Certificate. This will indicate whether there are any outstanding loans or legal matters related to the home.

2. Check RERA Registration

Ensure the project is registered on Kerala RERA. It is a consumer protection law. RERA-certified project have transparent processes. All trusted home builders in Kerala register their projects here. If it is not RERA, it is better not to buy a home from that builder.

3. Confirm Building Approvals and Permissions

Request sanctioned building plans and permits, and they are issued by the local authority. Also, confirm whether the builder has a commencement certificate and occupancy certificate. This way, you can make sure whether the builder complied with all legal guidelines while constructing the home.

4. Read the Sale Agreement

The sale agreement must contain all the terms, dates, and charges. It must specify the price of the home, the down payment you made, when you will take possession of the house. Carefully read it and sign it.

5. Take No Objection Certificates (NOCs)

Collect NOCs from the fire department, water supply board, electricity board, and environment department. These certificates ensure that the builders in Kochi have kept up with safety and environmental standards.

6. Verify Property Tax Receipts

Verify if the tax on the property has been prepaid by the builder or previous owner. Request tax receipts from the authorities. If the taxes are overdue, you may have to settle them in the end. So, be aware!

7. Finalise Registration Process

Once everything is fine, register the property in your name. This process is carried out at the local sub-registrar office in your area. You will have to pay stamp duty and a registration fee. After this, the property is legally yours.

Final Thoughts

It is easy to buy a home for a first-time home buyer when you know what to look for. Begin by searching for the top builders in Kerala. Always check documents such as the title deed, sale agreement, and NOCs. Take a look at the above requirements and save your money and be assured.

If you are looking for trustworthy projects in Kerala, just head to Asset Homes. Being among Kerala’s most trusted builders, we provide quality homes at the best localities. With efficient service, transparent paperwork, and modern designs, Asset Homes is a name you can trust for your first home.