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What Next After Flat Registration?

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0 2024-03-04T22:19:29+00:00
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My friend just bought a new property. So, I asked him about the process of purchasing a property, as I was unaware of it. He told me about the whole process, from taking a loan to completing the registration. Following this, I asked him, “after flat registration what next?” Here is what he told me

What To Do After Registration Of Property?

  • He said that the first thing he did was ensure that the Khatha of the property in the government's records was transferred to his name. 

  • Then, he took possession of the property and asked for all the keys of the property from the seller.

  • Following this, he got the water and power connection transferred to his name. 

  • He also told me that he got homeowners insurance to protect the property and his belongings. 

And that’s about it. He also told me about the documents that are necessary to be collected after registration. 

    • Allotment Letter

      : This letter has all the details regarding the property being sold by the builder. 

    • Builder-Buyer Agreement

      : This document has the terms and conditions, clauses, and legal implications for both the builder and buyer. It is essential when there is a default from either side. 

    • Copy of Possession Certificate
  • Full payment break-up. 

I hope this information about after flat registration what next, has been of help to you. 

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Indra Puri

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