Prestige Southern Star Possession Date
The possession date of Prestige Southern Star is in January 2029. The launch of the project is in November 2024. It will take four years to complete the construction.
Buyers can take possession after receiving the Occupancy Certificate (OC) from the authorities. It is mandatory to receive OC because it ensures that the township is built according to the norms.
The day a buyer can officially move into and get ownership of their new property is known as the possession date. Everyone is waiting for this particular day. In the contract, the date is often agreed upon by both the seller and the buyer.
Before starting construction, the builder will mention the completion date. It helps to inspire confidence in buyers. There will be a grace period of six months from the date, and buyers can take hold of their properties after they get completed.
Important things related to Prestige Southern Star possession date
- It is set for January 2029.
- It can be changed by mutual agreement
- It may not be the same for all units in the project
- It can impact the payment schedule
Buyers are eagerly waiting for the Prestige Southern Star Possession 2029, which will be an iconic address in the heart of South Bangalore. Homeowners can expect a smooth handover involving the transfer of legal paperwork, keys, and other legal formalities during the possession procedure. On that day, the buyer can verify everything.
Prestige Southern Star ownership date holds great significance from a financial standpoint. It is a dream come true moment for many. Buying a home often requires financial planning around the date of ownership. If they have a home loan, for example, the Equated Monthly Installments (EMIs) usually begin when the property is possessed. Furthermore, the moment of ownership is often when the last lump sum payment is made.
When buyers can finally move into their new homes, the possession date is a reason for celebration, but it's also a time for a thorough inspection. During handover, buyers should do a detailed inspection of the property to make sure all utilities and fixtures are present, and everything is in accordance with the agreement.
