Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Due diligence real estate


Published on

Published in: Real Estate, Technology, Business
  • Be the first to comment

Due diligence real estate

  1. 1. Legal Due Diligence/Real Estate Projects
  2. 2. OrganizatiOn set up
  3. 3. OrganizatiOn set up Sole Proprietorship Partnership Firm Company- private-public-semi public LLP Society/Association Trust
  4. 4. MODe OFOperatiOn
  5. 5. MODe OF OperatiOn Joint Venture Joint Development Development Agreement Individual PPP/ Profit Sharing
  6. 6. prOject lanD inFOrMatiOn
  7. 7. prOject lanD inFOrMatiOn Location Type of Project Type of Land (Free hold-fee simple/Lease hold- Lessors permission/Trust land- Charity Commissioner permission) Type of Sub-Soil Area of project DCR Applicable Project type-residential/commercial mixed residential /township/it park/SEZ/etc check DCR provision given FSI available/FSI-TDR loadable Ground Coverage Height, Margin Soil Testing Continued………
  8. 8. prOject lanD inFOrMatiOn Road Lining/Highway/Railway setback /other reservation as given in DCR Water Availability Built-up Area (in Sq. Mtrs) Saleable Built-up Area (in Sq.Mtrs) No of Units NO. OF FLOORS (Approved and Actual) Land user under CDP Change of Land User Disputed cases Civil Court cases Tenancy Issues Land Tribunal Order if any
  9. 9. VeriFicatiOn OFlanD DOcuMents
  10. 10. VeriFicatiOn OF lanD DOcuMents Title Deed Sanad AFS/Development Agreement/Power of Attorney 7/12- Adhikar Abhilekh Patrak issued by Talathi/Property Card Mutation Register Extracts Occupier Akarband/Tippani/Podi Extracts Search Report for the last 30 years Title Clearance Certificate Nil Tenancy Certificate Karda copy/R. R.Pakka Book extract Patta pass book Maharashtra Industrial Board Endorsement Caste Certificate in case of grant land Land User status of the land
  11. 11. prOject lanD DOcuMent analysis
  12. 12. prOject lanD DOcuMent analysis Type of Document/Ownership/Lease/Development Rights Vendor Purchaser Date and Registration Number Consideration Stamp Duty Registration
  13. 13. 7/12 eXtracts analysis
  14. 14. 7/12 eXtracts analysis Survey No and Hissa No Owner Occupant Class/Class I/Class II/Govt. Lease/Navin Shart/Aadivasi/Tenancy Occupier/VIII A Area Encumbrances Mutation Entries Number Date Other Rights/Tenancy/Mortgage/Dispute Case/Lis-Pendency NA Assessment Type of Crop
  15. 15. apprOVals (perMissiOnscertiFicates)
  16. 16. apprOVals (perMissiOns certiFicates) N.A. Permission from the Collector/SDO N.A. Permission Fine Non-agricultural Assessment Receipt Regularization of Unauthorized NA Use Extract of NA Register Sub Division/Amalgamation of Layout Minor and Mineral Excavation and the Transportation Permission Sale permission Wakf/trust/Charity Commissioner/Collector/Govt Collectors permission for Collector’s Land/SC and ST Land/Navin Shart Collector’s Permission under BTAL 1948 (Section 43 and 63/63 1A) Continued…….
  17. 17. apprOVals (perMissiOns certiFicates) DILR and TILR/City Survey Office Resettlement and Rehabilitation Provisions Confirmation from the Competent Authority that there is no land acquisition proceedings Gram Panchayat NOC if applicable Property tax Certificate issued by the Revenue authority Latest Tax Paid Receipts Certificate for change of Survey Number if any Endorsement from Tahasildar that the land does not fall under "Grant" or " Inam" Category Sale Permission under section 36 A if applicable Encumbrance Certificate
  18. 18. District Magistrate/cpperMissiOns/pOlice
  19. 19. District Magistrate/cp perMissiOns/pOlice Illumination Entertainment utility permission Explosion permission
  20. 20. tOwn planning perMissiOn
  21. 21. tOwn planning perMissiOn PLAN SANCTION FROM MCGM /CIDCO/MMRDA/SRA/MHADA CDP/Development Plan Zone confirmation Certificate Letter of intent/location clearance Change of land use/change of zone use Development Permission/Layout Permission Building Sanction Plan DCR IOD Engineering report/feasibility report Continued…….
  22. 22. tOwn planning perMissiOn Commencement Certificate High rise Building Permission Plinth Completion Certificate Structural Audit Report Completion Certificate from the Architect Completion Certificate Occupation Certificate de-notification of project land / surrendering land to reservation DIC Permission/Bonafide Industrial Use/ITITES Use Permission Demolition of Old Structure
  23. 23. ulc eXeMptiOn
  24. 24. alc eXeMptiOn
  25. 25. enVirOnMental perMissiOn
  26. 26. enVirOnMental perMissiOn Permission from SEIA Consent from MPCB Consent from Water Pollution Consent from Air Pollution Noise pollution Utilization of solar energy Hazardous waste permission/dangerous/explosive substances permission Forest Area Permission Buffer Zone CRZ Permission National Parks Authority Permission
  27. 27. labOur lawperMissiOns
  28. 28. labOur law perMissiOns Building Contract Workers Permission Factorys Act Workmens Compensation Act Bombay Shops and Establishment Act Maternity Benefit Act Payment of Wages Third Party Insurance Vehicle and Equipment Insurance
  29. 29. Other perMissiOns DepenDing upOn the prOjects lOcatiOn
  30. 30. Other perMissiOns DepenDing upOn the prOjects lOcatiOn AIRPORT Authority of India Permission/height clearance CFO Permission NOC from high ways, PWD Department/Building Line Access road Permission Railway Permission / building line Lift and Fire service permission Water supply and sewage board permission Storm Water Drainage and Hydraulic Engineer NOC Continued…….
  31. 31. Other perMissiOns DepenDing upOn the prOjects lOcatiOn Generator Permission Temporary Electricity Permission Electricity supply Permission Erection and Commissioning of Power Sub Station Permission/shifting of HTL and LT Lines Tree cutting permission Pest Control Permission Telephone department
  32. 32. Maps
  33. 33. Maps Surveys/ city survey map / Boundary Map TILR Map Village Map Layout Plan Approval by the competent authority Zonal Regulation Map DP SHEETS Pertaining to area
  34. 34. OtherDOcuMent s
  35. 35. Other DOcuMents Legal Heirship certificate Death Certificate/Succession Certificate Wills, Probate and Letters of Administration Family Tree of the Vendor certified by Talathi
  36. 36. thanK yOu