We see many homebuyers are excited to move forward with their dreams only to realize that they have delayed or quashed their plans through legal errors and lack of knowledge. As a luxury real estate developers we present to you full transparency in legal issues as well as excellence in the design and architecture of our projects. We hold high regard for our integrity which makes us amongst the top real estate companies & developers in North Kolkata, and we wish to see our clients make the best and most informed decisions. In this blog we are going to explore some of the legal misconceptions homebuyer’s faces in their journey to invest for their new home.
Misconception 1: Buyers assume ownership means the title is automatically clear
In many cases buyers think that as soon as a plot hits the market from a seller or a builder the title is clean. That isn’t always the fact. In Kolkata we have seen cases where “plot sellers” promise clear titles which turn out to be false or the docs are incomplete or the land is part of a dispute, or still has pending mutations or revenue issues. One must check title deeds, mutation records, encumbrance papers and the history of past ownership which may span years. At Shriji Group we make available these documents to our customers and we also help in ascertaining that the plot is not only as advertised but also has a legal standing.
Misconception 2: Local option of authorities
Some purchasers think that local authorities’ municipal corporations, development authorities, fire safety, environmental boards approval are a formality. Many assume it can be obtained later which is risky. Without approved building plans, layout sanction, completion certificate, or the needed NOCs (No Objecting Certificates) you may get legal notices, penalties, or even some parts of the home may be taken down.
The introduction of WBRERA in West Bengal mandated requirement for all projects to be registered and also for certain legal pre-approvals which must be obtained before going to market or sale. We being a responsible real estate developers is fully in compliance with all statutory requirements and we also at the same time encourage our clients to ask for proof of each and every approval which they are given.
Misconception 3: Marketing promises are fulfilled
Promised gardens and facilities do not materialize, also at times floor plans are changed post sale. As per RERA and state level acts which developers are supposed to follow they are responsible for true and fair representation of what they are providing.
We are among the top building promoters with a reputation as best luxury property developers, provide our clients with legally verified plans, realistic amenity renderings and agreement terms that exactly what is put forth in our marketing. We do not tolerate over promise and under perform.
What Homebuyers Should Do
As a buyer of a property in Kolkata here is what you should check out to protect your interest:
- Ask for proof of ownership, current update, and EC for at least 30 years.
- Confirm if need to convert land, layout plan, building plan, permissions from KMC or local bodies.
- Check if the project is a part of WBRERA or RERA, determine the registration number.
- Confirm completion or occupancy certificates.
- Read over the sale agreement carefull — what the amenities are to include should match what is delivered.
We ask for full documentation of all NOC’s (fire, environmental, etc. also report on which local bylaws the builder has complied with.
Why Legal Safety Matters More for Luxury
Luxury properties come with high price tags. Buyers in the market for top end homes expect beyond comfort, they expect legal peace of mind. Being a real estate builders & construction company we value legal transparency more than anything. We see that legal delays or ambiguities shake the base of trust for investors. For luxury projects our clients seek out that their investment is secure, that we honor our word, and that the home’s value does not go down the drain due to legal issues. Our clients look at not only the design and features but also the promoter’s legal history and the clarity of the paperwork.
Our Commitment as a Trusted Builder
At Shriji Group we aim to set the bar. As an esteemed estate builders and developers in the region we do:
- Provide verified legal documents before booking.
- Sanctioned plans, municipal approvals and certificates are in place.
- Only what is planned out and approved we will market.
- Present clear and open real estate services in terms of legal issues.
This is what makes us the best in luxury real estate Company and also the top real estate companies & developers in North Kolkata.
Conclusion
Legal issues go beyond the pocket they also take up a lot of your time and stress out your peace of mind. As it goes for a project or a home, especially in the luxury and premium segments, we insist on legal due diligence, on full approvals, and we work with proven developers. At Shriji Group Kolkata we stand by our clients’ side to bring to them homes which are as secure legally as they are in terms of luxury. When you do business with us you are not just buying into property, you are securing your future.