Frequently asked questions and answers

1. How do I book my home with Shriya Properties?

• Identify your apartment/Shop/Plot
• Fill in the booking application form
• Pay the initial booking amount of 10% of the total cost, by way of a cheque/DD for the respective project along with the supporting documents like passport-sized photos, PAN Card, Address Proof
• Execution and Registration of the Agreement for Sale agreeing to purchase the apartment/villa
• Pay the balance consideration amount as per the respective project payment schedule.

2. Is the project approved by RERA/Corporation?

Yes, we at Shriya Properties don’t market any projects which are not approved by RERA or concerned authorities. You can talk to our team to get the details.

3. Whats the next step after making the project payments ?

Our office will issue allotment letter and  sale deed as per the agreement.

4. Whats the next step after making the project payments ?

It is the customer’s responsibility to ensure timely disbursement of all your installments from the Banks or  Housing Financial institutions (HFI). To facilitate smooth payments, customers are required to issue a consent letter.

5. Can a customer make a 100% down payment at the start of the project?

Yes, the Customer can make a 100% down payment to  Company.  In such cases, the customer is eligible for discount. Please talk to our sales team to know the benefits of doing a 100% downpayment before the schedule.

6. How installments are paid for the project?

Installments can be paid by cheque or demand draft issuing to the company. Installments are time-bound and even can be paid online by RTGS or direct transfer to the company account. The payments should be paid on time in the timebound way as committed in the agreement over the progress of the project.

7. What are the additional amounts for the project?

Additional amounts may vary for the project based on a discussion with a salesperson. GST and Registration taxes are extra based on the valuation of the project.

8. What is the process of Registration?

Registration of Agreement to Sell will be done immediately upon issuance of Allotment Letter after booking formalities are completed. Registration of Sale Deed will be done upon completion of the development and after the payment of the entire sale consideration, including the additional charges. Registration will be facilitated by us through an appointed /designated person in the office of jurisdictional Sub-Registrar office.

9. Who will take care of the maintenance of the property ?

Maintenance of the Property will be handed over to the Owner’s Association by Shriya Properties immediately upon registration and handing over possession of all the apartments/shopping malls/villas in the Project.

9. Is modification to ongoing apartments/projects is permitted?

We will not allow any structural changes, elevation change or any modifications while the construction activity is going on. But we might allow minor changes during the interior changes with the approval of the sales team, engineering team. Considering the safety of our employees, customers,  we insist changes will be very minimal as it hampers the delivery time of the project. Talk to our sales team to know the scope of modification for each project.

10. Are projects approved by financial institutions for a loan?

All our projects are approved by most of the nationalized banks, financial institutions. Talk to our sales team to know the list of banks where you could get a better home loan  for the project. 

11. What happens if a customer fails to get the home loan from the bank?

The decision to approve the home loan to customers is 100% done by the banks or financial institutions based on their credit history. Shriya Properties is not responsible for  success or failure of the loan application.

12. What are the home loan documents required?

• Copy of employment contract
• Latest Salary slip
• Latest work permit
• Bank statement for 4 months or NRE / NRO a/c 6 months statement
• Passport/visa copy
• Utility bill for address proof
• PIO / OCI card
• Power of Attorney (if applicable, in respective bank’s format)
• Customer credit check report
• Property agreement duly registered or other related docs
• Income Tax returns last 2 years

      For more details visit  Home Loan Documents

13. Where to Invest in Hubli?

         Hubli Dharwad is the fastest growing city in Karnataka followed by Bangalore.  Real Estate is doing very well in the last decade with decent growth in the population of the city.    There is a spike of commercial projects including the big malls in the city which created a lot of job opportunities and also new investors are looking for investment opportunities.  Real Estate is the best bet for investment in the Hubli Dharwad area. 

The areas of investments include

• Residential Apartments
• Commercial Properties
• Residential Plots near the city limits
• Wearhouse projects along the National Highway
• Rental properties

14.  Where to buy Apartments in  Hubli ?

         As Hubli is on the growth track, there is a huge demand for residential apartments in the city limits. There are many developers in the city who are trying to serve the demands of the customers for residential apartments. 

The prime areas of residential apartments in Hubli Dharwad are 

• Gokul Road, Hubli
• Vidyanagar  Hubli
• Airport Road Hubli
• Keshwapur Hubli
• Ravinagar, Hubli
• Deshpande Nagar, Hubli
• Navanagar Hubli