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Resale Process (Outright)
Journey With DOMO
Once the apartment selection process is finalised, we will be here to guide you through a seamless move-in experience.
Please find below the structured steps that will be undertaken:
Owner Onboarding & Property Verification
We begin by meeting the owner and collecting all relevant property details such as layout, carpet area, society name, and amenities. At this stage, we also verify ownership documents like the Sale Deed, Index II, Occupation Certificate, Property Tax Receipts, Share Certificate, and Society NOC. Additionally, we check for any pending dues, mortgages, or litigations to ensure the property is clear for sale.
Step 1
Property Valuation & Pricing
After a thorough analysis of recent transactions in the same building and locality, we advise the owner on the appropriate market price. Together, we finalize the quoting price as well as the expected closing price.
Step 2
Marketing & Lead Generation
Our team prepares high-quality photographs, videos, and professional listing descriptions. The property is then promoted across leading portals such as MagicBricks, Housing, and 99acres, circulated within broker networks, and pitched to our existing buyer database.
Step 3
Buyer Shortlisting & Site Visits
We first understand buyer requirements regarding budget, size, possession timeline, and financing. Based on this, we shortlist suitable buyers, arrange property visits, accompany them during inspections, and highlight the unique selling points of the property while addressing any objections.
Step 4
Negotiation & Offer Finalization
Once buyers show interest, we collect their offers and initiate negotiation on price, payment terms, and timelines. Upon mutual agreement, we prepare a written offer note or Memorandum of Understanding (MoU).
Step 5
Token Amount & MoU
To secure the deal, the buyer pays a token/earnest money (e.g., 11 lakhs) to the seller. We draft an MoU clearly mentioning the deal value, payment breakup, timelines, and responsibilities of both parties. This is signed by both buyer and seller, and the token is adjusted against the final consideration.
Step 6
Legal Due Diligence
The buyer’s lawyer conducts a thorough title verification and document check. Required documents include the Sale Deed, Index II, OC, Society NOC, Builder NOC, Property Tax Receipts, and Encumbrance Certificate. This ensures that the property is free of any legal encumbrances.
Step 7
Agreement for Sale (AFS)
Once due diligence is complete, we draft the Agreement for Sale as per mutually agreed terms. Stamp duty (e.g., 6% in Maharashtra) and registration charges are paid, following which the buyer and seller sign the agreement in the presence of the sub-registrar.
Step 8
Home Loan Processing (if applicable)
If the buyer opts for a home loan, we coordinate with the bank for legal verification, property valuation, and loan disbursement. Our team supports smooth documentation flow between the buyer, seller, and bank.
Step 9
Balance Payment & Sale Deed Execution
The buyer pays the balance consideration via cheque or RTGS. The Sale Deed is then executed on stamp paper, signed by both parties, and registered at the sub-registrar’s office. At this stage, the seller hands over all original property documents to the buyer.
Step 11
Possession & Handover
Once registration is complete, the seller formally hands over the keys along with a possession letter. Society transfer forms are signed and submitted, and if applicable, the share certificate is endorsed in the buyer’s name.
Step 12
Society & Post-Sale Formalities
We assist in submitting the registered Sale Deed, buyer’s KYC, and NOC for society membership transfer. The society then issues a new share certificate (if co-operative society) and updates its records. We also facilitate the transfer of utilities such as electricity, water, gas, and property tax to the buyer’s name.
Step 13
Police Verification & NOC (if required)
In certain societies or buildings, a police verification of the buyer is mandatory. Our team ensures that this is completed smoothly and also obtains the society’s NOC confirming that the seller has no pending dues.
Step 14
Rental Process
Journey With DOMO
Once the apartment selection process is finalised, we will be here to guide you through a seamless move-in experience.
Please find below the structured steps that will be undertaken:
Owner Onboarding & Property Verification
We begin by meeting the owner and collecting all relevant property details such as layout, carpet area, society name, and amenities. At this stage, we also verify ownership documents like the Sale Deed, Index II, Occupation Certificate, Property Tax Receipts, Share Certificate, and Society NOC. Additionally, we check for any pending dues, mortgages, or litigations to ensure the property is clear for sale.
Step 1
Property Valuation & Pricing
After a thorough analysis of recent transactions in the same building and locality, we advise the owner on the appropriate market price. Together, we finalize the quoting price as well as the expected closing price.
Step 2
Marketing & Lead Generation
Our team prepares high-quality photographs, videos, and professional listing descriptions. The property is then promoted across leading portals such as MagicBricks, Housing, and 99acres, circulated within broker networks, and pitched to our existing buyer database.
Step 3
Buyer Shortlisting & Site Visits
We first understand buyer requirements regarding budget, size, possession timeline, and financing. Based on this, we shortlist suitable buyers, arrange property visits, accompany them during inspections, and highlight the unique selling points of the property while addressing any objections.
Step 4
Negotiation & Offer Finalization
Once buyers show interest, we collect their offers and initiate negotiation on price, payment terms, and timelines. Upon mutual agreement, we prepare a written offer note or Memorandum of Understanding (MoU).
Step 5
Token Amount & MoU
To secure the deal, the buyer pays a token/earnest money (e.g., 11 lakhs) to the seller. We draft an MoU clearly mentioning the deal value, payment breakup, timelines, and responsibilities of both parties. This is signed by both buyer and seller, and the token is adjusted against the final consideration.
Step 6
Legal Due Diligence
The buyer’s lawyer conducts a thorough title verification and document check. Required documents include the Sale Deed, Index II, OC, Society NOC, Builder NOC, Property Tax Receipts, and Encumbrance Certificate. This ensures that the property is free of any legal encumbrances.
Step 7
Agreement for Sale (AFS)
Once due diligence is complete, we draft the Agreement for Sale as per mutually agreed terms. Stamp duty (e.g., 6% in Maharashtra) and registration charges are paid, following which the buyer and seller sign the agreement in the presence of the sub-registrar.
Step 8
Home Loan Processing (if applicable)
If the buyer opts for a home loan, we coordinate with the bank for legal verification, property valuation, and loan disbursement. Our team supports smooth documentation flow between the buyer, seller, and bank.
Step 9
Balance Payment & Sale Deed Execution
The buyer pays the balance consideration via cheque or RTGS. The Sale Deed is then executed on stamp paper, signed by both parties, and registered at the sub-registrar’s office. At this stage, the seller hands over all original property documents to the buyer.
Step 11
Possession & Handover
Once registration is complete, the seller formally hands over the keys along with a possession letter. Society transfer forms are signed and submitted, and if applicable, the share certificate is endorsed in the buyer’s name.
Step 12
Society & Post-Sale Formalities
We assist in submitting the registered Sale Deed, buyer’s KYC, and NOC for society membership transfer. The society then issues a new share certificate (if co-operative society) and updates its records. We also facilitate the transfer of utilities such as electricity, water, gas, and property tax to the buyer’s name.
Step 13
Police Verification & NOC (if required)
In certain societies or buildings, a police verification of the buyer is mandatory. Our team ensures that this is completed smoothly and also obtains the society’s NOC confirming that the seller has no pending dues.
