Property-backed lending carries significant risk for financial institutions. **Grace Power Verification India Pvt Ltd** provides comprehensive property verification services to ensure that the collateral is legally sound and physically existent. We assist banks and NBFCs by performing rigorous checks on the property’s history, location, and current occupancy status.
The primary objective of our property check is to prevent "Double Financing" or lending against non-existent/disputed land. Our field experts verify the boundaries, survey numbers, and the structural integrity of buildings to ensure they comply with local government approvals and DTCP/Panchayat norms.
With deep roots in Salem we have extensive knowledge of local land registries and municipal records. This allows us to provide a quick turnaround for "Legal Heir" checks and "Encumbrance Certificate" (EC) cross-verification.
Our property audit is divided into three distinct phases to provide a 360-degree view of the asset:
Our field officers visit the exact GPS coordinates of the property to verify the plot size, construction progress, and the presence of basic amenities.
We audit the "Mother Deed" and the chain of previous owners to ensure there are no gaps in title ownership or undisclosed litigations.
We perform discrete neighborhood inquiries to confirm the applicant's reputation and verify if the property is involved in any local disputes or family partitions.
