New Flat Documentation | Builder Buyer Agreement and Application Form | Important Points to Check
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- Опубликовано: 8 сен 2024
- In this video, I am sharing new flat documentation process and have explained key points to check in application form / booking form and builder buyer agreement.
There are three documentations that a home buyer need to do while buying a new flat from a real estate developer.
1. Application form / booking form
2. Builder Buyer Agreement
3. Sale Deed
Sale deed is the least important document of the three as, sale deed is executed only once the possession is received. Builder Buyer Agreement (BBA) is the most important document of the three because in case of any dispute with builder in future BBA is the only document which can help a home buyer to fight a legal battle against a builder. But BBA is prepared based on the information recorded in the initial booking form / application form hence it is very critical to examine Builder Buyer Agreement and Application form very carefully so as to avoid any future disputes with developer
This video includes
1. New flat documentation process
2. New flat documents explained
3. Key points to check in Application form / Booking form
4. Key Points to check in Builder Buyer Agreement
5. Mistakes home buyers make while checking BBA
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About This Channel
Objective of this channel is to help young Indian know the unknown about buying a property in India
My mission is to educate young Indians about property buying process, starting from
1. How to find & buy your first house
2. How to invest in Indian real estate and make passive income
3. How to create wealth from real estate
4. Learnings for property buyers from real estate case studies
Who Am I?
A Realtor, Entrepreneur, Investor & Educator
I have worked with top developers of the country, have been an entrepreneur into Proptech space & a real estate investor for last 14 years
I want to share what I have learned to help you make a better informed decision based on awareness
You can reach me
Email: info@flatsandkeys.com
Whats app no: 9625111400
#propertydocumentation #newflatdocumentation #builderbuyeragreement #underconstructionflats
Superb
Very clear speech
Slowly and clearly
very well structured and good communication ..
Very clear and helpful 👍
Thank you , very helpful🙏
Thank bro very informative
Sir Your videos are very informative.
Q. Commencement Certificate is not available, in this case Is it safe to go for builder buyer agreement for under construction property ?
Informative,tx !!
Very informative. Keep it up bro
Thanks for your guidence. Pl make video on rules related to car parking. Can car parking give on rent or sale ?
Bhaoth helpful sir
10yrs pehle maine ek flat khareeda thhaa ...( Flat + Parking )...
Builder ne proper papers etc sab diya thhaa ...( flat + parking ka oers bhi thhaa usme )
.There was no issue....
10yrs hogaye , aajtak kabhi chairman ne ye baat bataya tak nahi . But abhi jab sell karna thhaa flat deal wagera sab hogya thaa & noc chahiye thhaa...The society chairman & secretary said ke building ke blueprint me aapka parking nahi hai .....They showed some blueprint , jisme full bilding ka in & out & ek ek cheez ke baare me photo ke sath bataya gaya thhaa ...
They said the builder has cheated u.....
Chairman kehta hai ke ye blueprint wo government office se nikalkar aaya hai ......
Deal ke waqt bhi aisa kuch nahi bataya....Purchaser se payement hogya & government foat transfer ka half payment bhi hogya hai...Bus Noc chahiye thhaa & this chairman & secratary not giving Noc . .
They say ke parking giveup karo warna noc nahi denge ...
Jasn booj ka deal cancel karwaaye chaiman ne .....
Chairman and secretary dono purposely deal kharab karne ke liye aisa kar rahe hai. Agar registry mai aur builder ke papers mai parking mentioned hai to legally koi kuch nahi kar sakta. Unko paise chahiye from the deal. Offer them some money aur vo sab NOC de denge
Very good video
Good job 👍
Ty
Are Builder Buyer Agreement and Allotment Letter the same thing? I have made a booking, for under construction flat, possession in in 2028 waiting for Allotment letter from builder, they are also saying that they can do registration/stampduty when every I want. What is the builder buyer agreement?
👍
Sir when i buy an apartment
Will i also get a part of land uds in Bangalore?
Sir I bought under construction flat after paying premium in Agrante Reality's Kavyam Homes. Their HRERA expired in Dec 2022 but still they did not get the renewal certificate. Because of this bank is the not disbursing the remaining 5 lakhs of payment out of 23 lakhs. Now they cancelled my flat. Need your suggestion that on it.
#Flats and Keys "The Allottee shall also pay to the Owner/Developer, within 15(fifteen)
days from intimation to take possession, a sum of Rs. 999/- (Rupees
Nine Hundred and Ninety-Nine only) towards advance lease rent
{computed @ Re.1/- (Rupee One Only) per annum for 999 years}
towards the proportionate undivided perpetual leasehold interest/right to
be granted as set out in Clause 25. " what is this clause any one knows about this
Good info bro !!
Sir What is the process of cancellation after BBA
As per cancellation policy of builder mentioned in bba
Hi I need help, we signed the booking form on 31st march and gave the cheque but the very next morning informed the develper that we are not going ahead with the deal and we stopped the chque payment from our end but still they are following us for the agreement saying that since you have signed the booking form which mentioned terms and conditions. my query is
is booking form a legal document?
Hi #Flats and Keys, after BBA checking only i should pay the 20% amount?
BBA form copy they should give to us once we make payment? Or they will handover to bank?
What if builder is not communicating the transfer charges at the time of bba? Shall we book such a flat?
Is notarised BBA is okay or we should insist on builder for registered agreement.
Maine under construction 1BHK khareeda hai aur use 10month hogaye hai... But mujhe builder ne BBA nahi diya abtak... Aur ghar ka construction bhi complete nahi hua hai
same for me
5 months ho gaye avi tak BBA nahi diya. bola tha booking se within 90 days flat ready kar dega. payment v 10% le chuka hai.
what to do?
why some builders ask to pay the amount in excess of Rs. 45 lakhs in cash ?
Amount above 45 lakhs - GST rate get 5%
Plz make a video on cancellation of allotment of a property near to possession and how can we claim refund . All the process and details . How much can builder deduct and is it the same for commercial and residential property?
Thanks
Thanks for your suggestion. Have already made a video on
Cancellation charges and refund as per RERA . Here is the link :
ruclips.net/video/nALSMUuq2as/видео.html
Main ek flat Home loan pe le rha hu,, jo builder h, wo agreement ke hi time pe wo paisa mang rha h jo hmlog ko dena h (10% of property price + amenities price + GST + registry fees) ,,
Kya ye sahi h ya fir buyer ne sara paisa Registry ke hi din dena chahiye builder ko ???