Key Steps from Home Buying to Home Possession
Explore the key steps from home buying to home possession, including property selection, financing, legal checks, and final handover for a smooth experience
Home Buying Process
- House Hunting Journey: Exploring, visiting & selecting your ideal flat
- Booking Formalities: Application for allotment with booking amount & identity details
- Agreement for Sale: Sealing the deal within 30 days
- Home Loan Application: Essential TPA/PTM letter process
- Payment Schedule: Self/Bank payments aligned with demand note
- Modification Request: Modification request for any additions/alterations & its approval
Flat Purchase & Possession Process
- Project Completion: Intimation of project completion & receipt of final payment
- Utilities Application: Municipal holding, electricity meter and APDCL process
- Flat Registry and Transaction: Stamp Duty, Registration, Sale Deed, IFMD & electricity application
- Possession Day: Receive possession letter and key handover
- Society Handover: After 50% occupancy or 6 months from first handover date
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