What’s the process of buying a ready to move-in flat in Bangalore?
The following is the systematic process to buy ready to move-in flat. Decide your budget Decide your location Search the property Shortlist the property Document verification Booking amount Execution of “Agreement of sale” + Franking Apply for loan Complete the TDS payment if the property price is more than Rs.50 Lakh Sale deed registration Collect all original documents from seller (Mother deed, Khata certificate, occupation certificate, any other receipts, etc..) Collect the property key Complete the balance transaction with seller Apply for Khata transfer Apply for name change in tax record and utility bills (Electricity, water, and gas) If property bought on loan, get the sale deed true copy attested from notary public because bank will take original sale deed till the loan is repaid. Use the true copy attested for Khata transfer, name change in tax paid receipt, and name change in utility bills. We provide the following service, Document verification Agreement of Sale drafting + e