Step-by-Step Guide to Booking a Home at Godrej MSR City
Buying a home in Godrej MSR City, located in the fast-developing Shettigere region of Bangalore, involves a well-structured process that ensures transparency and clarity. The project, backed by the trusted Godrej Properties brand, offers a premium living experience in a strategic location near the airport, making it a preferred choice for both homeowners and investors.
Here’s a step-by-step breakdown of how the home booking process works at Godrej MSR City.
Initial Inquiry and Project Information
The process begins with gathering information about the project. Interested buyers can reach out via the official website or visit the sales gallery to learn about the available units, floor plans, pricing, amenities, and payment structures. Sales representatives provide all the necessary brochures, master plans, and details about Shettigere’s development roadmap.
Site Visit and Location Evaluation
A physical or virtual site visit helps in understanding the scale of the development and visualizing the layout. During the visit, it becomes easier to assess the connectivity to key places such as the Bangalore International Airport, NH-44, tech parks, and social infrastructure like schools and hospitals.
Buyers also get to walk through model apartments, observe construction quality, and experience the planned amenities such as landscaped gardens, clubhouse, sports facilities, and retail spaces.
Unit Selection
After the site visit, the next step is selecting the preferred unit. Options include 2 BHK, 3 BHK, or larger configurations, each catering to different family sizes and preferences. Buyers can choose based on factors such as floor level, view, vastu alignment, and budget.
Once the unit is selected, the sales team shares the unit-specific pricing, inclusive of base price, floor rise charges, clubhouse charges, GST, and other applicable fees.
Expression of Interest (EOI)
An Expression of Interest (EOI) form is filled out to block the chosen unit temporarily. This involves a token payment that reflects the buyer’s intent to proceed. The token amount varies based on the configuration but is adjusted against the total cost later. This step also allows the developer to freeze the price and unit temporarily while paperwork is processed.
Documentation and KYC
Once the unit is blocked, the documentation process begins. Basic documents which includes PAN card, Aadhar card, address proof, and income proof are required. These are necessary for Know Your Customer (KYC) compliance and to initiate the booking agreement.
The sales team also provides the draft of the Agreement to Sell, which contains the payment plan, construction milestones, and possession timelines.
Booking Amount and Agreement Signing
After verifying the documents, the buyer proceeds with the booking amount payment. This is typically 10% of the total property cost. Following this, the official Agreement for Sale is signed and registered as per RERA guidelines.
Godrej MSR City is a RERA-registered project, ensuring legal transparency and timely delivery commitments.
Home Loan Processing (If Applicable)
In case of financing through a bank, Godrej Properties’ tie-ups with leading financial institutions simplify the home loan process. Pre-approved project status with banks speeds up loan sanctions and disbursements. The buyer needs to submit financial documents, post which the bank conducts technical and legal due diligence.
Once approved, the bank disburses the amount as per the construction-linked payment plan.
Payment Schedule and Construction Updates
Godrej MSR City follows a construction-linked payment plan, which ensures that payments are made in stages, linked to the progress of construction. Regular updates regarding milestones, approvals, and possession timelines are shared through email and SMS.
Final Payment and Possession
On completion of the project, the last payment, including registration charges and maintenance fees, is made. After this, possession is handed over along with the keys and relevant documents. Buyers can then proceed with interior work and move-in formalities.
Booking a home at Godrej MSR City in Shettigere is a streamlined experience designed to ensure trust, clarity, and peace of mind. From site visit to final possession, each step is professionally managed by a dedicated team. With its prime location in North Bangalore and the reputation of Godrej Properties, this project offers not just a home, but a long-term asset in one of the city’s fastest-growing corridors.
