subject: Buying An Apartment In Bangalore [print this page] Advantages of Buying An Apartment Advantages of Buying An Apartment
Everyone has a dream of owning an apartment. There are lots of advantages in buying an apartment compared to buying a house. Some of them are as follows:
i. It is easy to maintain.
ii. Apartments come with all modern amenities like Gym, Club House, swimming pool, jogging track, Childrens play ground and many more.
Process of Buying an Apartment:
The process of buying an apartment is a long procedure and it is as follows.
1. Choose your preferred location.
2. Decide your budget and requirements of your dream home.
3. Prepare a list of builders and check for their projects in that location.
4. Check if it matches your budget and requirements.
5. Choose a flat and verify the BBMP approval certificates for the building.
6. Check the encumberance certificate if any loan has been taken on the property.
7. Check the Khata certificate for the flat and land
8. Take a Xerox of all the documents mentioned above and verify it with a good real estate lawyer.
9. Also verify the Sale Agreement and Sale Deed with the lawyer.
i. Sale agreement is the first agreement to be signed on stamp paper between the buyer and the builder. It includes the booking advance, carpet area, built up area and super built up area, final amount to be paid and the due date to pay the final amount.
ii. Sale Deed is a document that states that you are the owner of the apartment,that is certified by the sub registrar of that area.It includes the address of the apartment and the amount for which you are buying the apartment.
10. Book the flat by giving the booking advance and get the sale agreement from the builder on stamp paper.
11. Give the final amount of the flat before the date mentioned in the Sale Agreement.
12. Get the Sale Deed registered from the sub registrar in the locality.
13. Get the khata for the property.
Real Estate Consultancy in Bangalore:
There are some real estate consultancy in Bangalore who take care of all these things, from guiding you to choose your dream home, taking care of all the legal procedures. And once you have purchased your dream home, they also help you in your relocation by arranging for packers and movers.They focus on End to End Ralocation.
Relocation was never so Easy
by: JeniRelo
welcome to Insurances.net (https://www.insurances.net)
