Experts advise that potential buyers should have information on specific procedures and norms when deciding on moving to a new property. Buyers will not only have to provide banks and authorities with documentation and details; if they are applying for a home loan, they also have to check specific documents to ensure a clear title of ownership and government approvals.

So, to make your process a little bit easier, here we have mentioned the documents you will need when searching for your dream ready-to-move apartment.

Occupancy/Completion Certificate

The municipal authorities provide a Completion Certificate (CC) upon completing the project. In contrast, a local body of a government agency will provide an Occupancy Certificate (OC) when a project is completed and considered fit.

This certificate mentions if the property was built following the approved codes and other laws, making it suitable for occupancy. These documents are mandatory when applying for loans from banks or financial institutions or for water, sanitation, and electricity.

Sale Deed

A sale deed is one of the pivotal documents while verifying documents for your new home. It is a basic legal registered document that provides proof for the sale and transfer of property. Make sure that you read the terms and conditions of the contract and check them all before signing the deed.

Encumbrance Certificate

This certificate is also important to verify that the property does not have any economic or legal liabilities. The sub-registrar’s office will issue the certificate. This should be the same sub registrar’s office where you registered the property.

Mutation Certificate

Property mutation is a process for property transfers, like sale and purchase of property and so on. This document is important for identifying the property owner and also for deciding the tax liabilities of the property.

Building Plan

Another document that is essential to cross-examine is the building plan. The municipal authority approves the building plan; also known as a site plan. This document contains all the details and blueprint of the whole project, like the utilities and equipment layout. The authorities must approve the layout of the building. This approval would prevent the risk of property demolition by the authorities if it is illegal.

Are you in search of 2 bhk flats in Greater Noida to call your home? Contact ACE Group today and make your dreams come true.

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Ace Group is one of the top brands in the real estate located in Noida. The brand has constructed  amazing range of ready to move in property  that not only brings peace of mind, but also saves a lot of money from tax saving. However, there are numerous financial benefits associated with a ready to move apartments. Buying a 2/3 BHK affordable apartments in Greater Noida West, is sensible decision by a majority of home buyers.

Thus being a top real estate developer Ace Group is coming up with its most innovative 2/3 bhk affordable apartment in Greater Noida West. The apartments are fully equipped with lots of modern day amenities for home buyers.

Also Read: Think Before You Sell Your House

Let’s look at some of the advantages of the ready to move in home.

• No construction delays: when you buy ready to move property then there is not any chance of delay in construction as the home is already ready to move. However, after buying it you don’t need to pay Service Tax.
• Rent Savings: While buying a ready to move apartment you do not have to pay rent. This saves lots of your money from start. This option is immediate and takes less time in shifting what only you have to do is to clear all your dues and paperwork.
• Immediate possession: The greatest advantage of ready to move in property is that the buyers of investors do not have to wait for long in its construction.
• What you see that you get: Many a time the home buyers don’t get what they see before construction you have a different setting in your mind and after construction, you get something different but buying a ready to move will provide what you see as promised by the builders.

Also Read: 5 Ways To Earn A Good Return On Property Investment

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