Monday 19 August 2013

What is the paperwork that a customer should look, before buying a builder flat?

It is very important to look for the below mentioned paperwork, if you are planning to buy a builder flat. Look into the information, whether the lease deed is registered in the name of the company that you are buying from. Also look into the information pertaining to various statutory approvals like, environment, fire and aviation for the builder flat that you are purchasing.
Also, it is important to take a look at maps and layouts and see if the same is been sanctioned by the authorities and are available for your perusal.
Also understand, if the project is approved for loan by a bank, the possibility is that if it is approved, many of these criteria would have already been done by the bank.
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