Business Process- Real Estate
description
Transcript of Business Process- Real Estate
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BUSINESS PROCESS
Real Estate Projects
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Project feasibility
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Type of Project- residential/commercial/township
Location Identification
Type of Land (Free hold-fee simple/Lease hold- Lessor's
permission/Trust land- Charity Commissioner permission
DEVELOPMENT PLAN/REGIONAL PLAN
Zonal Confirmation Certificate
DCR Applicable
FSI available/FSI-TDR loadable
Ground Coverage
Continued………
Continued………
Project feasibility
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Road Lining/Highway/Railway setback/other reservation as given in DCR
Electricity Water Availability Sewage and Storm Water Drainage Transportation- Railway- Bus Schools & Hospitals Domestic gas supply/pipeline Land user under CDP Change of Land User Built-up Area Saleable Built-up Area
Project feasibility
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NATURE OF Land
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Topography
Accessibility
Sub Soil
Agricultural/Non- Agricultural
Freehold/Leasehold/Government land/Trust land
Nature of Land
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Required Land Documents
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Title Deeds/Grant Certificate
Encumbrances
7/12 Extracts
Mutation Records
VIII –A
Possession
Family Tree
Survey Records- Atlas-Phodi-Tippani-TILR map
Required Land Documents
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LAND PROCUREMENT
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OUT RIGHT SALE
AGREEMENT FOR SALE WITH POSSESSION
DEVELOPMENT AGREEMENT
GENERAL POWER OF ATTORNEY
JOINT DEVELOPMENT
LAND PROCUREMENT
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Verification of land
documents
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Title Deed/Sanad/Grant Certificate 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 Patta pass book Caste Certificate in case of grant land
Sale permission Wakf/trust/Charity
commissioner/Collector/Govt
Collector's permission for Collector’s land/SC and ST
land/Navin Shart
Collector’s permission under BTAL 1948 (Section 43 and 63/63
1A)
Verification of land documents
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7/12 EXTRACTS Analysis
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7/12 EXTRACTS Analysis Survey No and Hissa No
Owner
Occupant Class/Class I/Class II/Government Lease/Navin Shart/Adivasi/Tenancy
Occupier/ VIII A
Area
Encumbrances
Mutation Entries No
Date
Other rights/tenancy/mortgage/dispute case/lis-
pendency
NA assessment
Type of Crop
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land N. A. PERMISSION
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land N. A. PERMISSION
NOC for N.A. from Town Planning Authority
N.A. Permission Application –Dist Collector
N.A. Permission
Sec 43 BTAL 1948 Permission
Sec 36A Permission
New Tenure Permission
S
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plans and drawings
preparation
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plans and drawings
Survey Report – Licensed Surveyor
Lay out/Master Plan
Cluster Plan
Individual Building Plan
Structural Designs, Drawings and Detailing
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SANCTIONS & Approvals(Permissions Certificates)
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District Magistrate/CP Permissions/Police
Illumination
Entertainment utility permission
Explosion permission
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Town Planning
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Town Planning ANALYSIS
Studying Development Plan
Studying Development Control Regulations
Land User Status
Zone Confirmation Certificate
Available FSI
Loading FSI/TDR
Reservations
Land Acquisitions
Setback Margins
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Town Planning PERMISSION
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Town Planning PERMISSION
CDP/Development Plan
DCR
PLAN SANCTION FROM MCGM /CIDCO/MMRDA/SRA/MHADA
Zone confirmation Certificate
Letter of intent / location clearance
Change of land use / change of zone use
Development Permission/ Layout Permission
Individual Building Sanction Plans
IOD
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Town Planning PERMISSION
Commencement Certificate
High rise Building Permission
Plinth Completion Certificate
Structural Audit Report
Completion Certificate from the Architect
Building Completion Certificate
Occupation Certificate
Part/Full Occupation Certificate
de-notification of project land / surrendering land to
reservation
Demolition of Old Structure
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Environmental Permission
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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
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Labour Law Permissions
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Labour Law Permissions
Building Contract Workers Permission
Factory's Act
Workmen's Compensation Act
Bombay Shops and Establishment Act
Maternity Benefit Act
Payment of Wages
Third Party Insurance
Vehicle and Equipment Insurance
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PROJECT Launch
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PROJECT Launch
Printing Brochure
Advertisement - Mass Media
Booking of Flat
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stamp duty and registration
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stamp duty and registration
Execution of Agreement for Sale
Registration of Agreement for Sale under MOFA ACT
Ready Recknor Values
Applicable Stamp Duty
Registration Charges
Additional Document Requirement
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Construction
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construction
Individual Building Construction
Plinth Completion Certificate
Milestone of the project
Completion of the Building for occupation
Building Completion Certificate
Occupation Certificate
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POSSESSION
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possession
Possession Notice
Acceptance of
Possession
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Society Formation
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Society formation Preparation of Memorandum of objects of the society
Preparation of bye laws of the society
onveyance to the Housing Society/Association
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Final conveyance
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FINAL conveyance
Final Conveyance to be made in the name of the Society or Federation of Housing Societies
Handover Management of the building to the society or Federation of Housing Societies
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UTILITIES
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UTILITIES Water
GAS
Electricity
Sewage
Transportation
Schools and Hospitals
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Prepared by M.ARUNPRAKAASHLegal Department