Take these into account before closing the arrangement:
1. Review the extension’s authorization plan and confirm that the improvement is approved and completely legal.
2. Make sure that the statutes of the structure in the respective zone are material and there are no violations against the dealer.
3. Don’t miss out on receiving no-complaint endorsements (NOCs) from the water, electricity and land roof specialists.
4. Make sure there are no unwanted loads in the property.
5. Know the installment method. Installment drafts move from engineer to designer. Should there be a resale of a property, the buyer must pay a certain amount of the property as a deposit. On the other hand, for a property under development, there are three types of installment payment plans to choose from: timed, when a buyer has to pay on certain routes regardless of the progress of development; When paying the deposit, the buyer must pay a certain rate directly and pay for the stay in installments and flexi plan, a mix of a development-related plan and an initial installment plan, where the buyer pays 10% for the booking hour and for the stay in a specified period.
6. After choosing your installment payment plan, correct your home advance. Get all property, salary, and duties records in one place and apply for the house advance as timely as possible.
7. Once the booking amount is paid, make sure you receive an allotment letter that includes all the relevant subtleties such as: Level number, size, floor and other additional fees.
8. A business agreement must be made between the engineer / dealer and the buyer. It is evidence that makes the buyer the legal owner of the property. Reevaluate the deed to review all the details of your home.
9. The last and the last advance payment according to all applicable conventions will give you ownership of your home. It is currently your responsibility to register the deal deed in the nearby area and register the property on your behalf.