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Apply and get any property verified in less than 30 mins.
You are about to make an important decision in your life, if you are buying a property, applying for home loan, mortgaging property against a loan or if you are taking property on lease for long term, you must verify the government land records. With PropLegit just follow 3 simple steps online to validate the property before you can make your dream come true, and take steps to safeguard against any property fraud.
We have an integrated technology platform covering the 19 Indian States of india. Receive all that you need to make your preliminary decision, with confidence, in less than 30 mins.
We have an integrated technology platform covering the 19 Indian States of india. Receive all that you need to make your preliminary decision, with confidence, in less than 30 mins.
What is iPVR and what do I get in the iPVR?
iPVR (instant Property Verification Report) is a key document that you receive once you apply for your property verification. It is trusted by many popular BFSI, Builders and Owners for property related transactions.
iPVR provides following information in its document:
- Instant Property Verification as per latest available Government Record
- Instant Ownership Verification as per latest available Government Certified Revenue / Land Records
- Instant Red Flags on Lien and Encumbrances for past 2 years
- Co-ownership Data
- Applicant Share (Co-applicant wise share)
- Integrated Risk meter that enables knowledge based decision
iPVR (instant Property Verification Report)
Simply Provide Borrower’s Name and Property Location to verify:
- Borrowers’ Ownership
- Property Attributes
- Liens and Encumbrances
- Recommendations through Risk Meter
- Data driven Fair Valuation
- Farmer/Crop Verified
- Litigation Search
Plus necessity of next steps
What are the chain of documents required to verify any land or property in India?
Ownership Clearance
Property title shows the current ownership of the property. This record is with the relevant sub registrar’s office.
Mortgage / Encumbrance Documents
One must check if there are any mortgages on the property you wish to buy or sell and also as a procedure, the documents related to it must be verified. The buyer must be willing to buy it along with mortgages or mortgage must be paid by the seller.
Lien / Encumbrance Certificate
It is a certificate issued when the property is free from encumbrances like liens, mortgages, property tax etc.
Sanctioned Plan and Built up Area
While the Government endorses the Sanctioned plan, the Built up area is where actual construction on property has taken place.If there is difference in these two, it might create trouble.
Property Tax Receipts
These are the receipts proving that the seller has been paying tax on the property to the government on regular basis.
Base Land Record Documents that are commonly checked and verified across States:
Each State has some base land record documents that needs to be considered and verified for authenticating the Ownership, Property and Encumbrances. Terminology varies from State to State and common document names can be 7/12 (Satbara), 8/A (Khata Extract), RTC Extract, Jamabandi, Khasra-Khatauni, etc.
