How to Find a good appartment in Bangalore -India

Difficulty: Challenging

Instructions

Step 1

Prepare a Budget for your apartment project - fix a maximum amount you can spend - Find out how much loan you will be provided from Bank(in case you are going for Home Loan)
Step 2

Get ready with atleast 15 - 20 % of total project cost as cash with you.
Step 3

Select a location where you want to be settled
Shortlist the builders in this location
Step 4

Search for a good builder - a nice doc for this is already available in this ehow itself . Check for no. of projects completed by the builder
Have a visit to completed projects and get the feedback about him.
Step 5

Check for fittings like electrical fittings etc , Construction of building .. locality , amenities , access to your apartment, resale value , legal documents
Step 6

Get in to an agreement with the builder - prepare Sale of Agreement
Step 7

Present Sale of Agreement to your Bank and apply for Home Loan
Documents required are 6 months Salary slip , 6 months bank statement,
form 16 , ID Proof

Property document,Santion document , BDA Approval document (these has to be provided by the builder)
Step 8

After Loan is approved Registration require ID Proof , DD in the name of Registrar , Existing Owner of the property
Step 9

After registering Original registration certs will be collected by Bank, and a copy will be provided to you then after 45 days apply for KATHA certificate

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