Kerala, renowned for its picturesque landscapes and thriving real estate market, presents a lucrative opportunity for property investors. With rapid commercial growth and infrastructure development in key cities, the state attracts homebuyers seeking a blend of natural beauty and modern amenities. As builders in Kerala capitalize on this demand with world-class projects, investors must exercise due diligence by scrutinizing crucial documentation before sealing the deal.

Investing in property demands a meticulous legal process, underscoring the importance of clear and legitimate documentation. Despite the reputation of many projects in Kerala, it is the investor's responsibility to ensure the transparency of all paperwork before committing to a purchase.

Here's a comprehensive checklist of essential documents every investor should examine before making a property investment decision:

Title Deed

The title deed serves as a comprehensive record of the property's present and past ownership, providing legal proof of complete ownership. It is crucial to verify that the property is in the name of the selling party before completing the transaction.

Sanctions

Whether it's a luxury flat in Kozhikode or a villa in Kochi, developers must obtain necessary construction plan sanctions from authorities. Ensuring proper approval is essential to avoid legal complications and confirm the property's legality.

Property Tax Receipts

Checking the property's tax payment status with the local municipality office is crucial. Any outstanding property tax dues must be settled by the investor, shedding light on the developer's reputation and financial responsibility.

RERA Certificate

For properties on land exceeding 500 sq. meters or with eight apartments, registration under the Real Estate Regulatory Act (RERA) is mandatory. This certificate attests to the developer's credibility, past performance, and adherence to regulatory standards.

Occupancy Certificate (OC)

The Occupancy Certificate (OC) is a vital compliance certificate issued by regulatory authorities, confirming the property's readiness for possession. Builders in Kerala should readily provide this document to buyers before finalizing the deal and before possession.

No Objection Certificates (NOC)

Various NOCs from entities such as the Fire Department, Pollution Control Board, and Highway and Aviation authorities are prerequisites for all Kerala projects. Investors must verify that the developer possesses the relevant NOCs based on the property's location.

Prospective buyers in Kerala should insist on obtaining these documents from developers and seek validation from legal experts and authorities. Only after ensuring the legitimacy of the documentation should buyers proceed with the purchase, ensuring a secure and informed investment in Kerala's thriving real estate market.