We have choosen an ongoing project from one of the reputed builders based out of Banglore “the silicon city of India” and I am pleased to share some of my experiences during the process of booking until signing the sale agreement of the flat. Below listed is the basic information on how to plan and what are all requirements that one should be aware before investing on properties. This may help someone who wish or plan to buy an independent house or a flat. Kindly skip if you feel this topic as irrelevant at this point in time. Thank you.
Basic check list for choosing the flat:
1. Decide the budget
2. Choose the location
3. Research on builder reputation
4. Site visits (can be multiple)
5. Review, research and word of mouth can be better option
6. Check list of clear titles of the property (Land documents)
Here is a list of crucial documents that must be verified while purchasing an under construction property: Bangalore specifically
1. Sale deed
2. Completion/Occupancy certificate
3. Building/Plan approval
4. Encumbrance Certificate
5. Mutation certificate
6. Tax paid receipt
7. Khata
8. NOC from Builder, BWSSB, BESCOM, etc
9. Approval from local administrative bodies such as BBMP, BDA, BMRDA, etc
Below link has the information about clear title and on what type of documents to be verified while planning to buy an underconstruction apartment.
Below link is highly recommended to go through on how to plan your home loan with less EMIs effectively. This is from one of our co-blogger Mr. Lizo from the page Mango People.
How to reduce the home loan EMI
Below details are all about my personal experiences on how the financial problems impact one’s lives in long term if self earnings are not planned and spent appropriately. One must be self conscious while spending hard earnings carelessly and ensure to use only on useful and worthy choosing to be offerdable. Please skip if you feel irrelevant.
I feel proud to share this big news but there’s something else bigger side of my bitter experiences on how we spent on unnecessary things which caused us a long term financial trouble. This was because of insufficient knowledge or inappropriate plannigs ‘cos of someone else’s force or desire of constructing a house in the village just for a kind of guest visits once a year and no one had plans to go back and settle at the place they left 40 years ago and availing personal loans on some emergency needs, instead we could choose other options. Personal loan interest rates are very high compared to other ones. I may pen a different post on these.
Life always throughs at some sudden surprises as a test or to show it’s taste of sweetness or bitterness. Of course that’s what the meaning of life which makes us strong and serene through coming days. After years of struggles with the grace of God, I am on the track with greatest lessons learnt that this beautiful life taught me and I am thankful to God first of all for showing me the right path to do something for myself and my little family first time ever apart from basic necessities.
During my 10 years of professional career, I only know how much I earned but the expenditures by those who were fortunate to spend and fulfill their needs ‘coz I only had to abide to some weird customs and forced adjustments for helding an accountability being a common woman with multiple roles. It’s again a vast or waste topic and I don’t want to dump your heads with my personal stuff but to make you all alert on such plans and decisions that you make with your own earnings. We must have right to spend on things which are worthy and not for the sake of others.
All these experiences have really gave us better knowledge to take a step forward to plan and purchase this flat with offerdable EMIs keeping some back up arrangements in mind apart from current jobs we are earning from, which are no guaranteed as automation is hitting many lives. Of course we can keep up these things by upgrading ourselves to the changing technology and I am in plan too.
EMI Back up and planning:
1. Firstly we have choosen a project which has offered no Pre-EMI cost until the possession
2. After possession with guaranteed rental returns of the same flat which is equal or more than our EMI
3. Our Mumbai house which is already helping us with some rental returns
3. Along with above, one long term SIP investment that we have already started 5 years ago which balances the interest rate of home loan
4. Making sure to clear any other outstanding loans or EMIs by the time of possession to ensure we will have only one loan with less burden
Note: Today is a special day not because I born but b’coz my parents have choosen a random date to be my birthday that’s what is the 1st August. My life has so many weird, special and unique things ha ha…Only God knows when, why and the reason of my birth but it has a great meaning to be a blessed Mom of 3 years old pretty Princess and this life is just to battle & survive only for her. Another special day is International Friendship day. Wish you all a very happy friendship day.
My Garden of thoughts and feelings, sow a seed of good deed if you visit. Thank you, Suma ✍❣
I came to Banglore so many times suma …congratulations for purchasing new flat 🎉🎉 you wrote good information regarding whichever needs to documents during flat purchage and all details…you done good work …it”s help to new house buyers …appreciate it 👏
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Great views and thoughts Jyothi. Love to read you n thank you so much for sweet wishes ❤ 😇
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My pleasure 🤩🤩
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Many more happy returns of the day dear 😍💗 your pics of home very Nice 😍
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Soo sweet of you again dear, thanks a lot n means so much to me 😇❤
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Welcome 🤩
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HAPPY BIRTHDAY TO YOU😊😇..!!
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Thank you very much sweet Imrana 😇❤
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And Happy Friendship Day cute didi😊
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You are soo sweet dear one. Very happy friendship day cutie 🥰❤
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Happy friendship day too 😍🌹👩👧
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Thanks for being there happy Friendship day my special Friend ❤ 😘
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You too special friend to me 🥰
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Thank you Jyothi 😊 💓
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Happy Birthday😊😇…!!
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Oh my sweetie..! My loves and prayers for you my dear princess..! I’m very happy for you..! Happy friendship Day my sweetie..! Love ya..! And miss you..! And big congratulations for you my princess..! I wish I will come Bangalore and live one day with you and the sweet little princess..! And Happy brithday my sweetie..! May upcoming years bring you blessings and happy..! Come on..! Let’s dance..! Let’s party..! And I loved you new flat my dear..! Woww!! It’s looks truly fantastic and beautiful..! I’m truly happy for you dear..! My prayers for your family..! Have a joyous and beautiful day my princess..!🤗🤗🤗🤗💕💕💕 Love ya..!😍😘😘
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Wow sweetheart, soo much of happiness to read your sweet, cute n lovely wishes my dearest one. Thank you very much Cinderella. ha ha dance?? My kido does better than me. Plan any time n visit us dear. You are always welcome. You n the little one can dance n enjoy together ❤❤ 🥰🤗
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Woww..! I’m flattered by your words my dear Cinderella..! You’re very welcome dear..! It’s absolutely my pleasure..! Sure my sweetie, I will visit you one day..! Yeah!! Me and my sweet little princess will dance..! WOOOHOO..! You’re a sweetheart..!😘✨🤗💕💕💕
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Happy Birthday, Suma! Congratulations on your new flat and it looks wonderful!
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Thank you very much for your lovely wishes Jyothi 🥰❤🙏
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Congratulations and Happy Birthday.
Great insightful blog as I am also planning to buy an apartment soon.
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Glad to hear that Dee.Cee, wish you good luck. Glad you found it useful. Thank you very much for your lovely wishes 😇❤
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Having our own home is a dream come true indeed. Congratulations on your home. Also a very happy birthday and happy friendship day to you. My husband and I plan to buy a flat in Bangalore sometime in the near future. This was a really helpful post. I loved the view into your future home. Which area of Bangalore is this, if you don’t mind answering.
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Thank you very much for your lovely wishes Shweta. It’s near white field and you must be knowing the the builder as well “Sowparnika Projects” dear. Yes its really good and well integration plan in 5 acres almost which has studio, 1, 2 & 3 BHK flats with all amenities. You can research or let me know if you require any details. Good to hear about your plans wish you good luck dear 😇❤
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You’re most welcome. Oh that’s great. Yes, I have heard of those builders. Thank you for letting me know. Whitefield is too far for me 😂😅
Thanks a lot for your wishes and for your tips 😊
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Oh! Okay. My pleasure dear wish you good luck for your future endeavors 🥰
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Thanks a lot ❤🤗😊
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Such a beautiful narrative Suma… subtle emotions flowing … and leaving some nice lessons for the reader.
Firstly, many happy returns of the day , may God be with you always and you succeed in all your endeavours..
Secondly, heartiest congratulations on your booking the flat. It is a life time investment and needs a thorough need analysis and finance planning. Yes, woman in our county at times do not have say on their own hard earned money. Every one should have the right to spend their money on what they need most.
Stay blessed Suma, you are really a beautiful person.
🙏🌹🙏
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Your views and lovely wishes are precious and priceless dear Krish. Your emphasizing n kind words always makes me feel better. I am so much thankful n greatful for your heartful blessings too. Means a lot to me 😇🙏🙏🙏
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Blessings will always be there for a pure soul that you are
🙏🙏🙏
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I am blessed to be connected here with great people like you Krish 🙏 🙏
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Ohh..I am a normal human Suma..
Stay blessed always 🙏🌹🙏
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🥰🙏🙏
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Belated happy birthday, Suma. 🎉🎉🎉 Virtual cake smash🎂🎂….😄
Congratulation on booking the flat. Always a dream come true.
Gonna keep those “EMI Back up and planning” tips as a starred notes.
Good luck with your future endeavors.
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Hi Abhi, it’s not belated today only. Btw thank you very much for your smashed cake 🎂 😊 and beautiful wishes. Glad you found some useful stuff. May all your dreams come true wish you good luck for your further too😇❤
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Great article , it will creat a huge awarness and thanks for the mention🙂
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Thank you very much and it’s a pleasure to share the useful stuff it may help someone 😇🙏
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Happy Birthday Suma 🙂
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Thank you Vighnesh 😇❤
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Happy birthday 🥳❤️ and also I loved your new flat 😻
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Thank you so much dearest 😇❤
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A very happy birthday to you 🎂🎉 Your flat is beautiful. Congratulations !!
A happy friendship day to you too 💖
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Thank you very much Ma’am. Glad to read all your sweet wishes 🙏 ❤😇
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You are welcome!!❤
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Happy Birthday, Happy friendship day, and a big Congratulations on your beautiful new flat, Suma! Much love and well wishes for you and your little princess , my friend.❤️
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I troubled you to wish for many things at a time sorry for that dearest Grace. Very much thankful and greatful for all your sweet n lovely wishes ❤🙏🙏
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Always a pleasure and never a trouble, my dear friend.💕🙏💕
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🥰❤🙏
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Happy Birthday!!
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Thank you very much Prapti 😇❤
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So many special celebrations sweet Suma. Happy birthday to you and congratulations on your new flat. I also love learning that you have a little princess. 👸🏼 🎂 🎉🙌🏼 Enjoy your week!
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Thanks a ton for all your beautiful wishes dear Michele. I am always thankful and greatful for your lovely heart. Wish you too a very happy n joyful weekend 😇❤🤗
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You are welcome Suma. 😊 Happy week to you!
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🤗❤
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Thanks a ton for all your beautiful wishes dear Michele. I am always thankful and greatful for your lovely heart. Wish you too a very happy n joyful week 😇❤🤗
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Dearest Suma..I wish you a wonderful year ahead with many blessings awaiting for you. Happy birthday dearie. 💐🎉🎊 Happy friendship day too. 💞💘
And lastly… Congratulations on your new flat. It looks beautiful. See your new year has already started with showers of blessing!!! Stay well dear. Much love ❣️❣️
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I feel like just my celebration started my dearest. Such a beautiful n lovely wishes sweet ❤ with your amazing words and wishes I am much excited to get into new year soon. Thanks a ton for your sweetest showers of blessings dear. Loves to you. Happiest friendship day my special one, thanks for being there ❤ 💕 🤗🥰😇❣
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Happy randomly picked birthday. 🤗❣
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Thank you very much Chrish ❤😇🙏
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A beautiful flat; and, an educational piece, dear Suma. Happy Birthday, and Happy Friendship day!❤️❤️
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Thank you very much for all your beautiful wishes dear Jeff 😇❤🙏
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You’re most welcome, dear Suma. Always. ❤🤗🙏
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Congratulations on your new home 🏡
Blessings on your 🎂 🎁🎉🎈🎆 (belated Happy Birthday)
Thank you so much for sharing your plan and the parameters to consider to buy a house.
You have described in Full.
Very well. One can get benefited from your post.
Wish you a very Happy time ahead. You are very sweet girl.
Stay blessed always. You are extraordinary. Be happy always 😊
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Hi Sir, hope you had a happy time with family and great time of your family vacation. I am soo overwhelmed to read your wonderful and lovely wishes. You are soo precious and my happiness is priceless to receive your blessings. Thanks a ton for everything. My heartfelt respects and Pranam 😇🙏🙏
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Yeah our tour was very nice. We are fine. Thank you.
Congratulations again for owning a flat here in Bangalore.
Stay Blessed.
Best wishes
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Glad to hear that, thank you very much again Sir 😇
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Congratulations 💐 Happy Birthday 🎊♥️🎂🌷
So cute apartment , beautiful 👌😊
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Thank you very much my dearest sweet Friend. Your wishes n blessings mean a lot to me Ma’am. Loves to you 😇❤🙏🙏
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So sweet reply comment 🌷♥️😊 just I felt my niece’s
message from India , so lovely 🌹👏Stay Blessed dear🙏
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Congratulations, Suma, on your birthday. Wish you many many happy returns of the day. It’s great to have a Sunday to enjoy happiness. Happy friendship day too. The design of the house is really good. Many many congratulations on this precious possession. Stay blessed 🎉💐💖
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It’s truely a great feel and I am so glad n blessed to receive your lovely wishes and blessings Sir. Happy friendship day to you as well. Thanks a lot for everything 😇🙏🙏
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My pleasure 😊
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Wow, so many exciting things Suma and then life gets in the way right?!
First of all Happy Birthday my beautiful princess and on Friendship day no less. How could it be otherwise. As you mother your sweet princess in your beautiful hone you have so much to be grateful for. I LOVE you flat and beautiful decorations with Buddha looking on with such beautiful elements of nature bringing the outside in. Trials and tribulations come with the package and you have sure learned a lot. I love your attitude and your keep on keeping on weay.
Blessings to you and all you love .. especially your little princess.. and mine.. YOU.
💖💖❤️❤️❤️🤗🤗🤗🥰🥰
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Oh! dearest queen of my heart. Each of your lovely wishes n words are magical strength to me. Words aren’t sufficient to respond. My love and respect to you always. Sooo sweet of you my dearest sweetheart. I am so glad you liked it. Yes, with the strength n grace of God I have learnt to accept whatever or whichever package life offers me but never compromise with my hard work n dedication coz life taught me so much n learning is never ending process though. Your blessings for us are very precious n priceless. Thanks a ton for everything lovely one 😇❤🤗🙏🙏🙏🙏
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Oh you are so welcome and it is my pleasure my friend. You are a hard worker and so dedicated it shows in your words and heart. Have a great night my friend💖💖💖
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You too have a nice day 🤗❤🙏
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I so am and thank you!💖
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Thanks for sharing valuable information
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Thanks a lot for reading n sharing the lovely acknowledgement dear friend. 😇❤
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😊
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Congratulations on the purchase of your new home Suma…and Birthday blessings all the way! p.s. love the decor! ❤
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Thank you very much Sweetest. I am so Glad to receive your lovely wishes n blessings, means a lot to me 😇❤
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Belated birthday wishes Suma. Wishing you a happy and peaceful life ahead.
Congratulations on the purchase of a new home.
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Thanks a lot for reading n wishing me with your lovely heart Sowmya. Means a lot 😇❤🤗
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Belated Birthday wishes to you. Congratulations 🎉 on your new home. I wish you and your loved ones all the best in your new beginnings.
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Oh! My sweetest friend. I am so glad to see you visiting n wishing with all your heart. Your wishes n words mean so much special to me. Thanks a ton with lots of love 🥰❤🙏🤗
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Congratulations on your new purchase!
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Thank you very much Sir 😇❤🙏
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Happy Belated Birthday, Suma! 💐💐💐
Congratulations on your new flat
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It’s so overwhelming to read your precious wishes dear Ma’am. Thank you very much for visiting 😇❤🙏
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🙏🙏🙏
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Great post as always 🤗
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Thank you much dear 🥰
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Happy birthday Suma🎂🍨🎁and congratulations for Your new flat, which I know is a dream project come true for many of us.
Very well worded information, is really going to be of great help, The best you get to know from personal experiences only, thank you for sharing dear.😊😊😊😊😘
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Wow, very glad to receive your beautiful wishes dear Reena. Thak you very much for the feedback. Loves to you ❤ 🥰😘😘
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Wish you a very happy birthday 🎂- Belated.
And Hearty congratulations and happy celebration on the new home 😊
Time and tide wait for no one and the best decision is made by you after going through the rollercoaster ride.
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Oh! My dear lovely to read your beautiful wishes with the precise understanding n how wowww yah! Time n tide wait for no one. Thank you so much sweetest 😇❤
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Beautiful flat. I like to live in a small flat. The information you provided is of great help to anyone. I just wish to know the name of builder so that my process becomes faster. Hope you will not hesitate to provide this information.
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Thank you very much Sir. My pleasure to, this is an ongoing project from Sowparnika builders 😇🙏🙏
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Thanks, for great help. In case things turn in favour, then sure will keep this firm as a tested option. And inform if done.
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Okay Sir, it’s my pleasure 😊
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Oh my dear Suma, I can’t comment you in your recent post!! Don’t know what happened!!🤪😔
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Yah dear may be some issue. I will check 🥰
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Okk my sweetie!!🤗
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Reblogged this on NEW OPENED BLOG > https:/BOOKS.ESLARN-NET.DE.
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Thank you 😊
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Thank you as well, Suma! Have a beautiful weekend! xx Michael
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You too have a lovely weekend 😇❤
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Thank you, Suma! 🙂
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Congrats on your new flat. It’s BEAUTIFUL! Wishing you Belated Happy birthday! Have a bright year ahead and stay blessed, dearest friend 🤍
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Wow, I am so glad to receive your beautiful n lovely wishes dear Sam. Thank you very much.😇❤
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My pleasure! 🙏
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Isn’t this a dream home. Beautiful and a careful choice Suma, many congratulation and wishes on this new journey. And a happy birthday the gone.
Thank you for sharing your happiness
Narayan x
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Yes, it’s a grace n gift from the God for my years of struggles. Thank you very much for taking your time to visit n share such a lovely wishes Sir ji. 😇🙏
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I am wishing a bit late, but it doesn’t mean that I love you less. Take my sorry, for the delay; I really hope that you had a wonderful day.
Chlo ab ye bataye b’day ki party or nay ghar ki party kb milegi😜
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Never mind bro, my dearest bro is late but always latest with sweetest comments n wishes. No sorry no patry. B’day bi gayi aur Ghar ki party to aur bahut time hai mere bhai. Thank you much for the sweet wishes n kind comment bro. 😇 ❤🙏🙏
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Happy birthday & Happy friendship day. Most of congratulations for new house buy. Nice information share by new house purchase time. Good idea share.I like. I am so happy.👍
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Oh! Thank you so much for all the wishes n glad you liked it 😇🙏
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How much price flat brought u?
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Reblogged this on worldtraveller70.
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Thank you 🥰❤
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