Importance of Possession Letter & Occupancy Certificate – Apartments in Calicut

Ladder Mankav Greens

There is no paucity of homebuyers in India. Real estate investment is the most common investment method in India. After a certain age, everyone wants to own a home either from the money they have saved or by way of home loans available from various banks.If you are about to buy flats in Calicut, buying a home is not a simple process, it needs critical investigation. The buyer should be aware of the documents required during the purchase of property & when taking the ownership. Possession letter & Occupancy certificate are two important documents needed during the purchase. Without these two certificates buying a home is like owning a car without driving license. You need to consider these two documents while buying apartments in Calicut.

Possession Letter

A vital document issued by the developer in favor of the home buyer stating the date of possession of the property.  A possession letter alone would not adequate for legal possession of the property unless occupancy certificate has been obtained. This possession letter is required when applying for a home loan. The possession letter states of the possession of the home by the buyer after all the terms and conditions have been fulfilled by the buyer.

Occupancy Certificate

Occupancy certificate or completion certificate is the proof of building’s completion as per the approved plan. Confirm occupancy certificate while looking for flats and apartments in Calicut.  Occupancy certificate is issued at the end of construction by a local government agency or planning authority. The document indicates that the property is in a suitable condition for occupancy. The developer is the responsible one to obtain the occupancy certificate, & the concerned authority will issue the certificate only once the building has been completed in all respects and is ready to be occupied. Occupation certificate is necessary while seeking loans from banks, applying for water, sanitation & electricity connection. The sale of the apartment would not fetch good price without occupancy certificate. 

With an unparalleled customer support and satisfaction, Ladder Kerala is rated as the best builder in Calicut, Kerala. Ladder Kerala is offering a unique free maintenance system in their flagship residential project  Ladder Mankav Greens for 20 years. Ladder Kerala offering you hassle-free documentation process. A dedicated team is there to handle all the request of the consumer easy & comfortable operation. Ladder Mankav Greens is a luxurious apartment project in Calicut by Ladder Kerala comprising of a choice of luxury 2/3 and 4 bedroom flats and apartments in Calicut with world class amenities.

Visit: http://ladderkerala.com/ladder-mankav-greens/ for more updates.

Call: +91 9400470022 for details and site visits.

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