Are you thinking about buying an apartment? This article contains property documents that you should review before making a purchase of 2 Bhk Apartments in KR Puram.
With the passing of the Real Estate Development Regulatory Act (REA), buyers are skeptical about investing their hard earned money in projects under construction. Demand for ready to move apartments has increased as ongoing project delays have undermined the reputation of projects that are under construction.
Another advantage of buying an apartment is that you can move in or rent it out at any time.
Unlike real estate under construction, housing units save on ongoing housing value and can be used to pay off mortgages. Buying Luxury 2 Bhk Apartments in KR Puram is hence a good idea. In case you are looking to buy Luxury 3 Bhk Apartments in KR Puram, Arsis Green Hills Bangalore by Arsis Developers is a good option. The developers are reliable and have been in the market for years. Like any other projects by Arsis Developers, Arsis Green Hills is an authorized and spacious project that offers comfortable housing units that are surrounded by modern day amenities and infrastructure.
However, before you go ahead and buy an apartment, you should be familiar with the paperwork associated with the home buying process.
Buyers must provide detailed information and documents to government agencies and banks, and review certain documents to ensure clear ownership and government approval when obtaining a home loan.
Here is a list of important documents to look into when buying a moving property.
It is at the top of the New Home Document Checklist. It is the main registered legal document used as proof of sale and transfer of rights. We recommend that you read the fine print and check all conditions before signing the certificate.
The administration issues a final certificate (CC) upon completion of the project. In contrast, local governments issue Completion/Occupancy Certificate (OC) as soon as the project is completed and deemed fit for residential purpose. This certificate shows that the property is built as per codes and laws. Both these certificates are obligatory while seeking financial support from banks or if you want to apply for water and electricity connection and sanitation. Arsis Green Hills KR Puram team is professional and expert in this matter and can help you secure the loan and documents.
If you are buying 3 Bhk Apartments in KR Puram or anywhere else, you need to take care of one more document, that is a building plan. You need to cross-check the plan before you finalize the property. Authorized projects like Arsis Green Hills have approval of the local municipal authority. Building plan is a blueprint of the project, utilities and equipment layout. Buyers must make sure that the layout or project is approved. Any unauthorised or extra construction is exposed to the risk of being demolished.
Buying 2 Bhk Apartments for Sale in KR Puram comes with checking one more document, that is Encumbrance Certificate. It is to check that the property does not owe any dues or monetary and legal liabilities.
Address: 52/2B,Arsis green hills project, Bhattarahalli, Krishnarajapura, Bengaluru, Karnataka 560049
RERA NO - PRM/KA/RERA/1251/446/PR/180130/002413
+91-9900678631 | 9900678681 | 9900678691