Owning a home is something everyone wants to do. Having one’s own property in Goregaon can be really great even from the investment point of view.
If you are about to get possession of your desired home from ready possession flats in Goregaon West, then you must have been overwhelmed by the sense of relief. After all, the time has come when you can reap the fruit of your hard work.
Nevertheless, it is important to ensure a few things before you relocate to your new home of new residential projects in Goregaon West.
Below is the checklist that you can follow to make sure that nothing is amiss with your properties in Goregaon West.
The paperwork you have to make sure duly to adhere to.
1- Commencement certificate: The designated authority issues this to the builder after the specifications in the Intimation of Disapproval get fulfilled.
2- Encumbrance certificate: This is a mandatory piece of paper that enlists all the legal and financial liabilities the property may have. Getting it is a certainty that you will not be held responsible for any such problems in the court of law.
3- Occupancy certificate: By issuing this certificate, the civic authority of the city acknowledges that overall construction, i.e., the entire building project is in conformity with the building regulations and approved plan.
4- No objection certificate: The NOC is a written proof that the construction is not met with any disapproval and got a green signal from the concerned departments before the project was commenced. The NOC includes BESCOM/BWSSB clearance from the fire safety department.
5- Joint development agreement: This agreement is required by law if there are more than one parties involved in the development of the project.
6- Khata: Also known as account, this paperwork contains every detail about the property, namely the building’s location, owner and size.
7- Completion certificate: The is the paperwork that acknowledges that the project has been completed, conforming to the mandated norms and regulations.
8- Allotment letter: It is important if you have chosen a home loan. You have to present the allotment letter to your bank in order to let your remaining funds be released.
9- Letter of no dues from the builder: This letter can be issued once all the dues have been resolved.
10- Building plan approval: This is a document of acknowledgement that the building structure has been approved by the relevant authority. The lack of issuance of this paperwork means that the building may be regarded as an illegitimate construction.
With the above paperwork, you can make sure that you have all the documentation that you will need inevitably. However, there are some other checks too that you have to make to see whether the project has been finalised with the desired perfection or not. They are as follows.
1- Completion of the project: Buying a property in Goregaon or elsewhere means you have to make sure that the property has been finalised with the desired perfection. Take a look at the overall building and see whether the paint job and scraping of residues have been taken care of or not.
2- Electrical work: New properties usually have incomplete electrical circuitry. It is better to check that the wiring and electrical work have been completed before moving in.
3- Amenities: Buying a property in Goregaon means that you must have looked for some amenities. We strongly advise you to check them after the completion of the project before relocating.
If you have bought a property in Goregaon, it is imperative to go through the checklist to ensure that you have got what you opted for. The Chandak Group is offering a new residential project in Goregaon named 34ParkEstate – . To get more details about it, check their website.