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How to Book a Flat in a New Project – Complete Process (2025 Guide)

How to Book a Flat in a New Project – Complete Process (2025 Guide)

Posted on June 6, 2025 by Charan

How to Book a Flat in a New Project – Complete Process (2025 Guide)

Planning to book a flat in a newly launched project in Hyderabad? This step-by-step guide explains how to book a flat the right way — from selecting the right builder to paying the booking amount, securing your flat, and avoiding legal issues.

🏘️ Step 1: Shortlist the Right Project

Before booking, shortlist 2–3 projects based on:

  • Location: Proximity to work, schools, metro, ORR
  • Budget: Match base price + taxes + registration to your budget
  • Builder Reputation: Delivery history, RERA rating, customer reviews
  • Amenities: Lift, power backup, clubhouse, security, parking
  • Legal Approvals: RERA, HMDA/GHMC, EC, layout plan approval

👉 Use portals like MagicBricks, 99acres, and project brochures for filtering.

📝 Step 2: Check Project Documents

Always verify key documents before booking:

Document Why It’s Important
RERA Registration Number Legal compliance + protection
HMDA/GHMC Approval Letter Ensures legality of construction
Title Deed Confirms land ownership
Layout & Building Plan Must be sanctioned by civic authorities
Encumbrance Certificate (EC) Ensures no legal or loan dues on land

✅ Ask for a copy of all documents from the builder or sales manager.

💬 Step 3: Enquire About Flat Availability & Pricing

Speak to the builder’s sales team and clarify:

  • Flat/unit availability (floor, facing, block)
  • Basic sale price (BSP) per sq.ft
  • Additional charges: GST, PLC (floor/facing), parking, amenities
  • Launch offers or pre-booking discounts
  • Possession date + delay penalties

📌 Pro Tip: Get a cost sheet + payment breakup in writing.

💰 Step 4: Pay the Booking Amount

Once satisfied, you pay the booking amount to reserve your flat:

  • Typically ₹50,000 to ₹2,00,000
  • Mode: Cheque / Bank Transfer / Online
  • You’ll receive a booking receipt with flat number, tower, and base price

🔒 Your flat is temporarily blocked for a limited period (usually 15–30 days).

✍️ Step 5: Sign the Booking/Application Form

This includes:

  • Buyer details (name, address, PAN)
  • Project & flat details
  • Cost sheet
  • Cancellation & refund policies
  • Terms of agreement to be signed later

💡 Read this document carefully — this governs your booking rights.

🏦 Step 6: Apply for Home Loan (Optional)

If you’re taking a home loan:

  • Submit the booking form + payment receipt to your bank
  • Bank will start legal & technical verification of the project
  • You may get pre-approval or sanction letter

👉 Some projects are pre-approved by banks — faster processing.

📃 Step 7: Agreement to Sell / Allotment Letter

After paying 10–20% of the total flat cost:

  • Builder issues Allotment Letter with flat details and payment plan
  • You’ll sign the Agreement to Sell, which must be:
    • Notarized/stamped
    • Based on Telangana government format
    • Mention possession date + penalty clauses

🔐 Register the agreement if advised by the builder or bank.

🚧 Step 8: Monitor Construction & Make Payments

  • Follow the payment schedule linked to construction milestones
  • Ask for demand letters & receipts from the builder
  • Visit the site monthly or track through CRM updates/photos
  • Keep an eye on project timeline & RERA updates

🧾 Step 9: Final Payment, Registration & Possession

When construction is done:

  • Builder sends final demand letter for registration
  • You pay balance amount + stamp duty & registration charges
  • Register the property at SRO office
  • Collect keys, possession certificate, and OC

💬 FAQs – Booking a Flat in a New Project

  1. Is the booking amount refundable?
    ➡ Depends on builder policy — usually partially refundable if cancelled early.
  2. Can I change my unit after booking?
    ➡ Usually allowed before agreement is signed, subject to availability.
  3. Should I take help from a lawyer?
    ➡ Yes, especially to review the agreement and property papers.
  4. Can I book a flat online?
    ➡ Yes, most builders offer WhatsApp-based or portal-based booking now.

📞 Final Thoughts + CTA

Booking a flat is easy — booking the right flat, legally and safely, is what matters. Use this checklist, avoid shortcuts, and always confirm builder credibility before signing anything.

💬 Need help booking a verified RERA-approved flat in Hyderabad?
👉 Click here to chat with us on WhatsApp or Fill out this quick form and get project brochures + booking support.

 

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