Documents required to propose the bank for loan for booking a flat
26-Feb-2023 (In Property Law)
I have finalized the negotiations with builder and going for agreement. What papers I should demand I have to make proposal for loan from bank. How much amount I should pay till loan get approved. Is it necessary to register booking agreement. whose sign is required on Booking agreement
Dear Client,
You are required to have the (1) previous flat owners agreement and the chain of agreements, index II, registration receipts, (2) commencement certificate,(3) Completion certificate(4) Sanctioned plan blue print,(5) society share certificate(6) society NOC (7) society conveyance deed. You can pay a minimum booking amount, and once your loan in approved in principal then your may pay some amount and enter into an agreement to sell, and once the loan is disburesed then you can enter into Assignment deed/transfer deed.
You are required to have the (1) previous flat owners agreement and the chain of agreements, index II, registration receipts, (2) commencement certificate,(3) Completion certificate(4) Sanctioned plan blue print,(5) society share certificate(6) society NOC (7) society conveyance deed. You can pay a minimum booking amount, and once your loan in approved in principal then your may pay some amount and enter into an agreement to sell, and once the loan is disburesed then you can enter into Assignment deed/transfer deed.
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