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Land Title and Insurance
Dinesh Chandratre and Associates
To prepare the report for Land Title & Insurance, we collect / obtain following documents and complete the detailed study before the preparation of the report of the property
1.1. Revenue Records
Collection of following records :
- 7/12 extracts from the year 1928 or 1932 as per the case
- Mutation entries reflecting on 7/12 extracts
- Property card for the concerned CTS number
- SI files related to specific mutations (if required)
- RTS files related to specific mutations (if required)
- 8A extract
- Gat book extract
- Akarbanda extract
- Phalani extract
- Tipan utara (if required)
- Village map
- City survey record (CTS Sheets) for the properties within old PMC limits
- Alination register (if the property falls under the category of 6B vatan land)
- Satellite image
- Any other relevant record if required after the scrutiny of above record
1.2. Land Acquisition Record
Collection of all relevant records from the Land acquisition department of:
- Pune Municipal Corporation(PMC)
- Special Land Acquisition Officer i.e Deputy Collector
- District Collector office, office
- Divisional Commissioner office
- ULC Department
1.3. Record under Transfer of Property Act
- Prepare the list of all registered documents which have been executed till date from the mutation extract after taking due search from concerned sub registrar offices and online services made available by the department.
- Obtain certified copies of all registered documents under Transfer of Property Act from the relevant registration office if the registration number of the document is not mentioned in the mutation entry in that case, the SI File/RTS file related to the mutation to be referred
1.4. Project specific record under any other acts as per the nature of the property
Collection of records under :
- Hindu Succession Act
- Bombay Tenancy & Agriculture Land Act 1948
- Maharashtra Regional Town Planning Act 1966
- Urban Land Ceiling Act 1976 & Repeal Act 1999
- Maharashtra Co-op Housing Societies Act – 1960
- Registrar of Company Act -1956
- Indian Contract Act – 1872
- (Under which the Development agreement, POA & all other allied agreements such as Deed of Assignment, Deed of Confirmation are governed.)
- Transfer of Property Act – 1882
- Maharashtra Stamp Act –1999
- Indian Registration Act – 1908
- Nomadic Tribe Act -1974
- Inferior Village Vatan Act
- Bombay Public Trust Act 1957
1.5. Demarcation Plan
- Collect the requisite record from the Land Revenue Department and City Survey Department
- Obtain earlier demarcation plan, if issued by the concerned departments.
- Obtain village map, phalani, Gat book, Akarbanda
- Conduct physical site survey through a private surveyor
- Prepare demarcation from the available record i.e site survey , CTS record, phalani, Akarbanda
- Apply for obtaining demarcation to the CTS office/TILR office
- Submit an application along with requisite record and to obtain demarcation plan
1.6. Revenue Search and Title Flow Report
- Prepare revenue search and title flow from the available Revenue record
- Identify required permissions to be obtained.
- Prepare interdependency flowchart of the activities in order to obtain required permissions.
- Submit necessary applications in oder to obtain permissions, to conduct appeals in front of Circle, Thasildar, Sub-Divisional officer, Additional Collector, Collector, Divisional Commissioner, and Revenue Minister.
- Attend necessary hearings and obtain necessary orders from concerned authorities.
- Prepare the revenue title flow of the property
- Assist the senior advocate to prepare the title opinion and search report
1.7. Non Agriculture Permission
- To conduct the scrutiny of the NA Order to study if there is any special condition mentioned in the order.
1.8. Risk assessment report
- To prepare a Risk Assessment Report on the basis of all above data,
- To calculate the various approvals and NOC’s required to be obtain for clean, clear and marketable title for the property
- To work out the fund flow required to obtain all above approvals and NOC’s
- To work out the minimum required time frame to obtain all above approvals and NOC’s
- To obtain clean, clear and marketable title for the property before launch of the project.
1.9. Land Insurance
- The State of Maharashtra is in process to sanction Land Title Bill. Once the Bill is converted in to a Law, will study and increase the necessry scope as per the contents of the Law.