Booking a flat is an exciting milestone—but for many Indian homebuyers, the real confusion begins after paying the booking amount. Questions related to documents, payments, timelines, and legal rights often arise between the flat booking and possession.
This well-researched, step-by-step guide explains what happens after booking a flat in India, helping you navigate the entire journey confidently—from allotment to possession.
Step 1: Booking Amount & Acknowledgement
Once you pay the booking amount:
- The builder blocks the unit for you.
- Basic buyer details are recorded.
- A receipt or provisional confirmation is issued.
⚠️ Important:
Booking does not mean ownership. It only reserves the flat temporarily.
Step 2: Allotment Letter Issuance
What is an Allotment Letter?
The allotment letter is the first formal document confirming:
- Flat number, floor, carpet area
- Total cost & payment schedule
- Project details
Allotment Letter vs Agreement for Sale
| Aspect | Allotment Letter | Agreement for Sale |
| Nature | Provisional | Legally binding |
| Ownership Rights | No | Yes |
| Registration | Not mandatory | Mandatory |
📌 This step marks the official beginning of the flat allotment to possession process.
Step 3: Home Loan Process After Booking
If you’re opting for a loan:
- Submit the allotment letter to the bank.
- Bank performs legal & technical due diligence.
- The loan sanction letter is issued.
- Disbursements happen as per the construction stages.
💡 Banks release funds through the construction-linked payment process, not as a lump sum.
Step 4: Agreement for Sale (Critical Legal Step)
Real Estate Regulatory Authority mandates that:
- The Agreement for Sale must be signed before 10% of the flat value is collected.
- It must be registered with the local sub-registrar
Agreement for Sale Includes:
- Possession date & grace period
- Carpet area as per RERA
- Penalty for delays
- Buyer & builder responsibilities
This document legally protects your investment.
Step 5: Property Registration After Allotment
Registration legally transfers rights in the property to the buyer.
Charges Involved:
- Stamp duty (varies by state)
- Registration fees
- GST (on under-construction property)
📌 Registration is a non-negotiable legal step after booking.
Step 6: Construction-Linked Payment Process Explained
Most new projects follow milestone-based payments:
- Excavation completed
- Plinth level
- Slab completion
- Brickwork & plaster
- Possession readiness
🔎 Buyer Tip:
Always cross-check site progress before releasing payments.
Step 7: RERA Possession Timeline After Booking
Under RERA:
- Developers must deliver possession as per the committed timeline.
- Delays attract penalties or interest payable to buyers.
- Buyers have the right to exit in prolonged delays.
📅 Typical possession timelines range between 3–5 years for under-construction projects. It may vary from developer to developer.
Step 8: Developer Demands Before Possession
Before handing over keys, developers usually raise:
- Final demand letter
- Maintenance deposit
- Sinking fund
- Society formation charges
- Legal & documentation fees
⚠️ Ensure all charges are clearly mentioned in the Agreement for Sale.
Step 9: Final Payment Before Flat Possession
Before possession:
- Clear all outstanding dues
- Ensure loan disbursement is complete.
- Obtain “No Dues” confirmation from the developer.
This step is mandatory for possession eligibility.
Step 10: Possession Letter Process Explained
The possession letter confirms:
- Flat is ready for occupation.
- The buyer can take physical possession.
- Handover date is recorded.
This is followed by:
- Key handover
- Meter readings
- Basic walkthrough
Step 11: Flat Handover Process for New Buyers
During handover:
- Physical inspection is done.
- Snag list (defects) is prepared.
- Builder commits to the rectification timeline.
📋 Checklist Before Possession:
- Walls, flooring & fittings
- Electrical & plumbing points
- Windows, doors & locks
- Carpet area verification
Step 12: Legal Checks After Booking a Property
Before possession, verify:
- Occupancy Certificate (OC) or Completion Certificate (CC)
- Approved building plans
- RERA compliance status
- Encumbrance-free title
These checks protect you from future legal issues.
Final Thoughts: From Booking to Possession—Be an Informed Buyer
Understanding the steps after flat booking till possession helps you:
- Avoid legal traps
- Plan finances better
- Protect your long-term investment.
A flat purchase isn’t just emotional—it’s a legal and financial journey that rewards informed buyers.
