Before buying or investing in a property, a buyer should be aware of details, such as what belongs to him and what doesn’t as far as the project is concerned. Here comes the role of property survey.
What is a property survey?
Property survey defines the configuration of a property and what all is related to it. It helps establish boundaries when new land parcels open. It also confirms the authenticity of the already existing property boundaries. You have property surveyors who do the survey and give you the exact details.
A property survey helps you determine following things:
- Whether the property you are investing is in a flood zone, or any such location that can be affected by natural calamities.
- The property documents you need to check before investing in one.
- Whether the property deed certificate shown by the seller reflects the correct configuration as mentioned.
When is the property survey important?
You may need a property or land survey when you:
- Purchase land
- Sell land
- Partitioning the property
- Renovating the property
- Resolving conflict related to property
See also: Key legal checklist for buying a property
Property survey: Benefits
- If you are ready to invest in a property, you should know what you are paying for. You should not depend on what the seller tells you. You should confirm details from the survey.
- Surveyors measure the boundaries of a land, based on which reports and maps are made. They can be used for legal formalities or construction activities.
- You will have the exact dimension of your property that will prevent it from encroachment and other problems.
- A property survey report can help you renovate or develop any part of the land.
- A property survey report suggests what can be constructed on your property.
- Based on the property survey, decisions such as how large and deep a structure can be constructed, can be determined.
FAQs
What is the purpose of a survey?
Based on survey details, a map can be made that will tell you exact details of the property you own or interested in buying.
Who does the property survey?
Property survey is done by surveyors who use geometric equipment to get the accurate data.
What are the two benefits of property survey?
With the property survey, you can determine the configuration of a house and know if it is legal. This also helps in taking up any redevelopment work.
Can you approach the state government for a land survey?
Yes, you can approach the Mahabhulek for help with the land survey in Maharashtra.
Why do you need a property survey?
You need a property survey for purchasing a property, property partition, selling a property, etc.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
