If you need an Encumbrance Certificate (EC) for a property in Maharashtra, here’s a simple step-by-step guide to help you:

Steps to Get an EC in Maharashtra

1. Visit the Sub Registrar's Office:

• Go to your local Sub Registrar's office. This is where you will apply for the EC.

1. Get the Application Form:

• Ask for Form 22, which is the application form for the EC. You can get this form at the Sub Registrar office.

1. Fill Out the Form:

• Complete the form with all the required details about the property and yourself.

1. Submit the Form:

• Submit the filled form along with:
• Non-judicial stamp paper
• Required documents
• The reason for needing the EC

1. Pay the Fees:

• Pay the fees for the EC as mentioned at the time of submission. The fee depends on where you apply.

1. Receive an Acknowledgement Receipt:

• After submission, you will get an acknowledgment receipt with an ID number. Keep this receipt safe as it is proof of your application.
  

Documents You Need

To apply for an EC, you will need the following documents:

• Proof of your residence
• Identity cards like Aadhaar, PAN card, and ration card
• Address and details of the property
• Copy of the sales deed (any deed related to the land, whether recent or old)
• Purpose of the EC request
• Period for which you need the EC
• Copy of the power of attorney if someone else is applying on your behalf

Eligibility Criteria

To apply for an EC in Maharashtra, you should meet these conditions:

• You must own the land or property for which you are applying.
• If someone else is applying on your behalf, they must hold a valid power of attorney.

Important Notes

• Processing Time: The EC usually takes between 15 to 30 days to be issued after you apply.
• Language: The EC is issued in the regional language. If you need it in English, there will be an extra fee for translation.

You can obtain your Encumbrance Certificate easily by following these steps

Have you heard about Malmatta Patrak? It's like a magic key that unlocks the secrets of property ownership in Maharashtra. Let's dive into the world of Malmatta Patrak, also known as the Property Card, and discover why it's so important.

Understanding Malmatta Patrak:

Imagine Malmatta Patrak as your property's birth certificate. It's a certified document from the government that tells the story of who owns the land and its history. In cities, it's called a Property Card, while in the rural area, it goes by the name 7/12 extract.

City vs. Rural area: Property Card vs. 7/12 Extract:

Property cards are like urban superheroes, revealing the secrets of city property ownership. On the other hand, 7/12 extracts are the rural warriors guarding the details of land ownership in the countryside.

Why Malmatta Patrak Matters:

Certifying the Real Owner:

It's like a superhero ID for your land, certifying you as the real owner in urban areas.

Detecting False Claims:

Malmatta Patrak helps sniff out any false claims on urban lands, ensuring the real owner is recognized.

Avoiding Land Grabbing:

With Malmatta Patrak, land grabbing becomes a thing of the past. It's your shield against unauthorized takeovers.

Legal Hassle-Free Future:

Hold on to your Malmatta Patrak, and you'll breeze through any legal challenges related to your land in the future.

Practical Uses of Property Card:

Buying Land:

Before you buy land in Maharashtra's urban areas, check the seller's Property Card to ensure they are the rightful owner.

Buying a Flat:

When buying a flat, make sure to peek at the land's ownership details using the Property Card.

Court Litigations:

If there's ever a court battle related to your land in the city, your Property Card becomes your legal sword.

Details Inside the Magic Document:

Inside your Malmatta Patrak, you'll find:

The landowner's name and any changes in ownership.

Survey number and location of the land.

Plot number and the area of the land in square meters.

Records of any loans taken by the landowner.

Information on pending litigations.

A rundown of taxes, paid and unpaid.

Malmatta Patrak is your guardian and proof of ownership. So, if you're in Maharashtra and own land, ensure you know where your Malmatta Patrak is – it's your key to a worry-free land journey!

Ready to Make Your Land Journey Smooth?

Take the help of Genuine Plots for seamless paperwork assistance when buying land. Our team is here to guide you through the process and ensure your property ownership is a hassle-free experience. Contact us today to embark on your land ownership journey with confidence! 

Many homebuyers dream of owning an independent home, and for some, the allure lies in the tranquility offered by suburban living. However, finding suitable land within city limits can be challenging, leading many to explore options in the outskirts. One such intriguing option is investing in land within a gram panchayat.

Understanding Panchayat-Approved Plots 

In essence, gram panchayats, governing bodies in villages and towns, oversee land parcels within their boundaries. While traditionally limited to leasing land for agricultural purposes, recent court decisions have expanded the usage possibilities. Now, gram panchayat land can be sold for non-agricultural purposes like construction, making it an enticing investment.

 The Conversion Process

 The District Magistrate (DM) or Collector can convert gram panchayat land for residential use. Upon submission of ownership documents and a conversion fee, the land can be transformed for non-agricultural purposes, opening avenues for residential development.

Benefits of Investing in Gram Panchayat Land

1. Affordability: Land in Gram panchayats is often more budget-friendly than city limits, offering a cost-effective option for prospective homeowners.
2. Tranquil Living: Away from the hustle and bustle of the city, gram panchayat land provides a peaceful environment, allowing residents to enjoy a serene lifestyle.
3. Higher Property Value: Homes built on gram panchayat land tend to have a higher resale value than those in crowded city markets, making it a potentially lucrative investment.

Panchayat-approved plots offer a unique opportunity for affordable and peaceful living. Aspiring homeowners can find solace and value in these lands, away from the chaos of the city. Explore the charm of the countryside lifestyle and consider the possibilities it holds for your dream home with expert guidance from Genuine Plots in Pune.

Commercial real estate is among the fastest-growing markets in India. Offices, retail stores, institutions, and industrial developments primarily fall under this umbrella. Commercial property is a property owned to generate income through business activities. 

While many prefer developed structures, commercial plots have also been at the center stage due to higher appreciation and relatively lower investment costs than other asset types in commercial real estate.

However, being abreast of the nuances of buying commercial land is crucial to avoid administrative and legal hassles. From paperwork to zoning laws, there are various factors to look into. Let’s look at essential tips for buying commercial land in India.

Types of commercial property 

Retail - Retail Shops, Stores, Malls

Industrial- Warehouse, Manufacturing Plants , Factories

Hospitality-Tourism Agencies, Motels, Hotels

Institutional- Schools  and Colleges 

Office Spaces- Corporate Offices 

What’s to check before buying a commercial plot in India? 

Review the Location 

1. Location Matters: The most critical factor in buying commercial land is its location. It should be easily accessible with good infrastructure. A prime location ensures higher demand and, in turn, leads to higher profits. 
2. Zoning System: Indian civic authorities use a zoning system based on Euclidean geometry to classify land for commercial purposes. They divide towns into districts with specific zones for different land uses, either permitted or prohibited. 
3. Integrated Zoning: As available land decreases, zoning becomes more integrated. This means that the planning of various zones becomes more coordinated to optimize land usage efficiently. 
4. Clearly Demarcated Commercial Zone: When buying commercial land, ensure it falls within a clearly marked commercial zone. This guarantees that the area is suitable for commercial activities and compliant with local regulations. 
5. Avoid Uncontrolled Development: Avoid land with uncontrolled development like unauthorized boundaries, fences, or incompatible structures within the permitted area. These issues may lead to legal and operational challenges later on. 
6. Types of Commercial Activities: Commercial land can be used for various purposes, including warehouses, offices, restaurants, shops, and industries. The proximity of one commercial zone to another depends on the type of activity and vehicular traffic. 

Taxes and Returns 

1. Taxation of Rental Income: Rent received from any property, including commercial property, is taxed under the head 'income from house property' in India. 
2. Actual Rent or Reasonable Rent: The taxation is based on either the actual rent received from the property or the rent that can reasonably be expected from it, whichever is higher. 
3. Standard Deduction: A standard deduction of 30 percent is allowed on the rent received. This means you can deduct 30 percent of the rental income as an expense before calculating the taxable income. 
4. Deductions for Building Repairs and Renovations: You can claim deductions on the amount invested in building repairs and renovations for the commercial property. 
5. Interest on Loan: Under Section 24 of the Income Tax Act, you can claim the interest paid on the loan taken for the commercial property as a deduction. This includes processing fees and prepayment charges paid to the financial institution.
6. Availability of Standard Deduction: The standard deduction of 30 percent is available even if the actual expenses on the property are higher or lower than that percentage. It simplifies the deduction process. 

Check Documents 

1. Ownership Details: Review the property's registration papers to ascertain the number of owners. Knowing the ownership structure is essential to ensure a smooth and legitimate transaction.
2. Seller's Right to Sell: Verify if the seller has the legal right to trade the commercial property. Confirm that they have the authority to sell the asset and that there are no disputes or legal issues surrounding the ownership. 
3. Existing Loans or Pledges: Check for existing loans or pledges against the land parcel. Knowing if the property has been used as collateral for any debts or financial commitments is crucial. 
4. Clearance of Outstanding Dues: If the land has been mortgaged in the past, ensure there are no outstanding dues related to the mortgage. The seller should clear any pending payments before the deal is finalized. 
5. Title Search: Conduct a thorough title search to verify the property's history and ensure no legal encumbrances, liens, or claims could affect your ownership rights. 
6. Encumbrance Certificate: Obtain an encumbrance certificate from the registrar's office to verify if there are any legal claims or liabilities on the property. 
7. Approved Land Usage: Ensure the land is categorized as a commercial plot in the official records and falls within the designated commercial zone. 
8. Pending Litigations: Check for any ongoing legal disputes or litigations related to the property. Purchasing a plot involved in legal battles can lead to future complications. 
9. Land Boundary and Area: Verify that the boundaries and area mentioned in the registry papers match the actual physical boundaries of the land. 
10. Property Tax Records: Review the property tax records to ensure the seller has paid the appropriate taxes for the commercial plot.

Nestled in the Western Ghats, there lies a picturesque hill station in the Mawal Taluka of Pune. Spanning an area of 242.96 hectares, this scenic destination captivates visitors with its natural beauty.

The closest airport to this hill station is Pune airport, conveniently located just 45 kilometres away. Additionally, it is also easily accessible from Mumbai, as it is situated approximately 110 kilometres from the bustling city. 

With its breathtaking landscapes and convenient location, this hill station is a must-visit for nature enthusiasts and travelers seeking a tranquil escape.

Why invest in Kamshet? 

Talegaon, a thriving destination, offers attractive price relaxation in properties, making it an appealing choice for real estate investment. One of its notable features is the presence of five different defence systems at Larsen & Toubro's strategic systems, showcasing the area's strategic importance. Moreover, Talegaon boasts a good number of affordable properties, catering to diverse budgets. Its proximity to the Mumbai-Pune Highway adds to its allure, ensuring convenient connectivity for residents and commuters alike. As a pollution-free location, it has become a favored spot for weekend homes, providing a serene and refreshing getaway. Additionally, Talegaon offers excellent civic amenities and a well-developed social infrastructure. An ideal place to settle down.

What type of land properties is available in Kamshet? 

Residential Plot near Mumbai -Pune Highway

Agro farming plot - Near Umbarwadi, Nane road kamshet

Vila Plots - Near Mumbai-Pune Expressway

Bungalow plots in Lonavala Annexe 

Plot rates in Kamshet 

Rs 2000sq ft onwards 

Is real estate in Kamshet evergreen or volatile? 

Kamshet, known for its affordable residential options, presents a promising choice for individuals seeking budget-friendly housing. The region boasts big plants of renowned companies like General Motors, Volkswagen, Mahindra, and Cadbury, further adding to its economic significance. Situated in close proximity to the industrial belt of Chakan, Kamshet benefits from its strategic location, attracting professionals working in the industrial sector. The affordability factor plays a pivotal role in fostering the growth of the real estate market in Kamshet, making it an attractive destination for both investors and homebuyers looking for reasonably priced properties. 

What are the advantages of owning a property in Kamshet? 

Affordable property rates

Better return on investment

Good prospects for buyers who want huge land parcels 

All you need to know about land property investment in Kamshet 

Kamshet comes under Mawal taluka of Pune. It is 2200 ft above sea level. From Pune, its distance is 45 km. From Lonavala and Khandala, it is 16 km away, and from Mumbai, it is 110 km away. Surrounded by western ghats, magnanimous hills, temples, monasteries, and gurgling waterfalls, kamshet is known as the paraglider's paradise. One of the favorites of tourists, Kamshet has become the best possible location for real estate developers and MNCs. Moreover, its connectivity to the two booming cities of Maharashtra( Mumbai and Pune ) has made it the best possible place for investment. 

Economic infrastructure in Kamshet 

Until now, Pune was known as the 'Pensioner's Paradise; the city has recently transformed into an investor's paradise. Youngsters prefer outskirts like kamshet and Talegaon. These localities are approximately 30 minutes away from Hinjewadi. These areas are preferred due to affordability factors and the availability of properties for homebuyers. Moreover, setting up manufacturing plants of MNCs's likely to boost the economy of this area. 

Major attractions in and around Kamshet 

Adventure: For tourists, paragliding is one of the famous adventure sports done super safely by trained professionals. 

Places: Bedsa caves, Karla caves, Bhaja caves, and Kondeshwar temple are some of the major tourist attraction spots in and around Kamshet. Khandala, another popular tourist spot, is 16 km away from Kamshet.

Connectivity

Kamshet offers convenient transportation options with a well-connected bus stop, providing regular bus services that connect Mumbai and Pune. Visitors to Kamshet can explore a range of fascinating places, including the Kondeshwar caves, Karla caves, Bedsa caves, and Bhaja caves, all offering glimpses into ancient history and architecture. Additionally, Kamshet is located just 16 kilometers away from the famous tourist spots of Lonavala and Khandala, known for their picturesque landscapes and serene ambiance. Whether it's exploring historical caves or enjoying the natural beauty of nearby destinations, Kamshet provides an ideal basis for an enriching and memorable journey. 

When contemplating the acquisition of land property, choose Genuine plots, as they can greatly assist with the accompanying paperwork. Opting for Genuine plots allows buyers to sidestep potential legal disputes and complications that may arise due to ambiguous titles or erroneous documentation. Genuine plots streamline the purchasing process and contribute to a seamless and gratifying transaction.

East Pune offers a diverse range of plot properties and excellent connectivity to major IT parks, the airport, and the railway station. It also boasts proximity to significant locations in Pune, including Koregaon Park, renowned for its cultural and retail significance. Furthermore, East Pune is witnessing the growth of a robust social infrastructure, with top-quality schools, colleges, and medical facilities emerging in the area. Noteworthy infrastructure developments include the conversion of Wagholi Nagar road into a six-lane thoroughfare, and new road construction will connect Wagholi with EON IT Park. East Pune encapsulates convenience, growth, and a promising future for those seeking plot properties. 

Why Invest in East Pune 

Ample land, affordable prices, and renowned educational institutes drive commercial growth in East Pune. This, in turn, fuels demand for residential units. The upcoming Marvel Edge commercial space is set to boost the realty sector. Wagholi's connectivity to the new international airport contributes to economic growth. 

What type of plot properties is available in East Pune 

Residential land 

NA plots 

Advantages of owning a  residential plot property in East Pune 

Investing in residential plots in East Pune offers several advantages. Firstly, there is a steady annual appreciation in property value, ensuring a potentially profitable investment. Additionally, these plots are available at a low cost, making it an affordable opportunity to enter the real estate market. The region also boasts a good return on investment (ROI) due to its growing popularity and development. Moreover, the advantage of owning a residential plot is that no maintenance is required, allowing owners to focus on customization and development according to their preferences. East Pune presents a promising landscape for residential plot buyers, combining financial benefits and hassle-free ownership. 

About Genuine Plot 

Investing in land property can be rewarding, but the paperwork and documentation process can often be overwhelming. That's where Genuine Plots steps in. We specialize in providing comprehensive support and assistance to investors looking to make a smart investment in East Pune. Take the first step towards a hassle-free investment experience by contacting Genuine Plots today. Let us handle the documentation process while you focus on building your investment portfolio with confidence.