Phase 1: Before You Start Looking
Fix your budget
Include registration charges (7-8% of property value), lawyer fees, brokerage, and stamp duty. Your actual budget is your total savings minus these costs.
Check loan eligibility
If taking a home loan, get pre-approved from your bank first. This tells you exactly how much you can borrow and at what interest rate.
Define your needs
Plot or flat? Residential or commercial? Which area? Near school/hospital/office? Write it down so you do not get swayed by a good salesman.
Research the market
Check recent sale prices in your target area. Ask locals, check property portals, visit the area at different times of day.
Phase 2: Property Selection
Visit the property
Always visit in person. Check road access, water supply, electricity, drainage, and surrounding development.
Talk to neighbors
Existing residents will tell you things the seller will not — about flooding, disputes, infrastructure issues.
Compare at least 3 options
Never buy the first property you see. Compare location, price per sq ft, amenities, and future development potential.
Check the developer track record
For new projects — have they delivered previous projects on time? Visit their completed projects.
Phase 3: Legal Verification
Title deed verification
Hire a lawyer to verify the chain of ownership for at least 30 years. One broken link means future legal trouble.
Encumbrance certificate
Get this from the sub-registrar office. It shows if the property has any loans, mortgages, or legal disputes.
Land use verification
Confirm the land is approved for your intended use (residential/commercial). Converting agricultural land requires government permission.
RERA registration check
For new projects, verify RERA registration at rera.mp.gov.in. Unregistered projects are illegal to sell.
Mutation records (Dakhil Kharij)
Verify from tehsil office that the property is in the seller name in revenue records.
Phase 4: The Purchase
Agreement to sell
Get a written agreement with all terms — price, payment schedule, possession date, penalties. Pay token amount only after this.
Sale deed registration
Register at the sub-registrar office. Both buyer and seller must be present with 2 witnesses. Pay stamp duty (7.5% in MP).
Possession letter
Get a written possession letter from the seller or developer on the day of handover.
Mutation in your name
Apply for mutation (dakhil kharij) at the tehsil office within 30 days of registration.
Update property tax records
Transfer property tax to your name at the municipal corporation.
Need Help With Any of These Steps?
Our team has helped 200+ first-time buyers in Rewa. We can guide you through every step — from finding the right property to completing registration.
