Buying a commercial property is a major financial decision. These days, offices in Thane have become a top choice for businesses owing to modern infrastructure and a business-friendly environment.

However, if you are looking at an office space in Thane for sale, it is important to understand the paperwork involved. Commercial real estate comes with its own set of legal formalities, and missing even one document can lead to serious issues later on.

Here is a checklist of the key documents you will need while purchasing a commercial property in Thane.

1. Title Deed

The title deed proves the seller’s ownership of the property. This is one of the most crucial documents when buying any office space in Thane for sale. Always verify that the seller has the legal right to sell the property. You may also want to get this document legally vetted by a property lawyer.

2. Sale Deed or Agreement to Sell

This is the legal contract between the buyer and the seller. It contains all the important terms, including the sale price, payment schedule, and handover date. When you are buying commercial property in Thane, this agreement must be properly stamped and registered with the local authorities.

3. Property Tax Receipts

Check for property tax receipts that ensure the seller has paid all the property taxes up to date. Outstanding dues could become your responsibility after purchase. Whether you are buying a single office in Thane or an entire floor, always ask for the latest tax receipts.

4. Occupancy Certificate (OC)

Issued by the local municipal body, this document confirms that the building has been constructed according to approved plans and is ready to be occupied. If you are looking at office space in Thane for sale within a newly constructed building, the OC is a critical document.

5. Approved Building Plan

The sanctioned building plan shows that the structure has been approved by the relevant authorities and meets the city’s building regulations. This is especially important in areas like Wagle Estate and Ghodbunder Road, where new offices in Thane are high in demand.

6. Encumbrance Certificate

This document proves that the property is free from any legal or financial liabilities, like loans or mortgages. If you are planning to take a loan for your commercial property in Thane, banks will ask for this certificate before processing your application.

7. Khata Certificate

The Khata certificate includes essential property details like size and location for tax purposes. This property document helps with housing loans, and may be used when applying for electricity and water service.

8. RERA Registration

If the property is part of a project, make sure it is registered with MahaRERA. This gives you added legal protection. Most reputable builders offering commercial property in Thane are RERA compliant.

Conclusion

Buying a commercial space is a serious investment. Whether you are looking at a co-working unit or a full office space in Thane for sale, make sure you check all these documents carefully. To ensure your property purchase is legally compliant and stress-free, always purchase offices in Thane from trusted builders such as Ace Realty.