The real estate market in Bangalore has been experiencing a spectacular rate of growth and development in the recent past. Numerous luxurious residential projects have been established in every locality of the city, and several more are currently in progress. This has given the homebuyer in the city a wide assortment of projects to invest in, depending on their needs.
There are, however, some important things that one should pay attention to before taking possession of the property in Bangalore. The most vital factor to be checked is the authenticity of the documentation provided by the owner/builder on the property. These will include the khata paperwork, no objection certificate, sale deed, building plan, tax paid receipts, land acquisition documents, etc.
Different documents are needed to be obtained in the case of a new property/property under construction versus a resale property. There is professional help available that you can enlist in order to authenticate the legality of all these vital documents. For home loans, ensure that all the paperwork from the bank or financial organization, including the allotment letter, is completed.
Inspect your property before taking possession in order to ensure that all fittings and features meet your needs and expectations. This will include an inspection of kitchen and bathroom fittings, painting, windows and doors, drainage outlets, plug points, and switches. Ensure that everything is in place and meets the standards specified by the builder before taking possession of your property.
Check the lifts to see if they are in working condition, especially if your property is on a higher floor. Also, check the amenities that are available in the development to ensure that the builder has delivered on their promises. It is vitally important to be as thorough and meticulous as you can be before taking possession of your property.
Prestige Group prelaunch apartment is Prestige Serenity Shores.
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