Buying a new home is exciting, but it also comes with its share of fine print. One of the most overlooked yet critical stages of any property purchase is the handover process. For anyone considering 3 BHK apartments for sale in Kodathi, understanding the legal landscape around property litigations and clean handovers can help you make informed, secure decisions.
What Does "Handover" Really Mean?
Handover refers to the stage where the developer formally transfers possession of the property to the buyer. It’s not just about getting the keys; it involves verifying documentation, inspecting for construction quality, utility connections, and ensuring that the agreed amenities are delivered.
Common Legal Pitfalls
Delayed Possession: Developers sometimes miss deadlines. While RERA guidelines have made timelines more transparent, buyers must still verify the possession date and related clauses in the sale agreement.
Unclear Ownership: Some projects may have underlying litigations involving land titles or developer disputes. If not checked, you could unknowingly invest in a contested property.
Non-Compliance with Approvals: Ensure that the project has received all the statutory clearances—from RERA registration to environmental and municipal approvals.
The Importance of Documentation
Always cross-verify the following documents:
Sale agreement and title deed
RERA certificate
Khata document (preferably Khata A)
Occupancy Certificate (OC)
Completion Certificate (CC)
If any of these are missing or pending, it’s a red flag.
Handover Inspection Checklist
Before accepting handover, inspect:
Finishing quality (paint, tiles, fittings)
Plumbing and electrical work
Functioning of lifts and security systems
Amenities like clubhouse, gym, garden, and parking
A well-documented snag list can save you hassles later.
Role of RERA in Buyer Protection
The Real Estate Regulatory Authority (RERA) has significantly reduced risks by:
Mandating developers to register projects
Enforcing delivery timelines
Holding developers accountable for post-handover defects for up to 5 years
Still, buyers should perform independent due diligence.
Final Words
Whether you’re investing for end-use or rental income, the last mile of the purchase—handover—matters as much as location or price. Being aware of potential litigations and inspecting your home thoroughly ensures you walk into your new life stress-free.
If you’re exploring 3 BHK apartments for sale in Kodathi, always verify the handover terms and ensure the builder follows a transparent legal and delivery process. Peace of mind starts with the right paperwork.