FAQ

Founded in 2001 by dynamic business leaders, Venture has helped more than 3,000 people find their dream homes through the efforts of our amazing leadership & team.

We have a dedicated customer care service team, which is available at your service seven days a week from 9:30 am to 5:30 pm. You can call them on +91 8830975199 or mail customer service at info@venture.homes.

To buy a property through us , you need to follow the following steps:

• Select the property that meets your criteria and drop an enquiry for the same.
• Go on a site visit of the selected property with our property experts.
• Close the deal- We handle all legal paperwork, arrange home loans (if needed) and manage all documentation work with the builder and the bank.

Yes. We have tie-ups with some of the leading banks in the country such as the SBI, HDFC Bank, the ICICI Bank, the Axis Bank, LIC India, Bank of Maharashtra, Indiabulls and PNB.

You would receive a call back from us within 48 Hours of placing your enquiry with us, provided you have posted your requirements between 9am and 10 pm. Otherwise, we would be reaching you the next day.

Yes. Generally, the stamp duty on the gift deed ranges from 5% to 12% in all states

Stamp Duty is the tax paid for the legal recognition of property. It is paid by the home buyers. You can claim tax incentives of up to Rs 1.5 lakh on stamp duty and registration charges on a new property purchase or construction of a house. However, these benefits are available for only one self-occupied property.

The buyer needs to pay the following taxes:

• TDS or tax deduction at source on amount exceeding Rs 50 lakhs for the purchase of property excluding agricultural land.
• Stamp duty
• Service Tax - Applicable if the property is being purchased from the builder who conceived and constructed the project before offering possession to the buyer. If a `ready to move in' property is purchased from the seller, service tax is not applicable.
• Value Added Tax (VAT) - If applicable in the concerned state

Yes, you can execute Special Power Of Attorney to get your property registered by someone else.

Power of Attorney allows a person to authorize another person the right to make decisions regarding the person's assets, finances and real estate properties. There are two types of power of attorney. First, the 'General Power of Attorney' where a property owner confers 'general' rights. The rights include but are not limited to sell, lease, sub-lease etc. The second one is the 'Special Power of Attorney' where only a specific right is given by the owner to the chosen person.

Registration of a property includes necessary stamping and paying of registration charges for a sale deed and getting it recorded at the sub-registrar's office of the concerned jurisdictional area. If a property is purchased from a developer directly, getting it registered amounts to act of legal conveyance. In case the purchased property is a second or third transaction, it involves a duly stamped and registered transfer deed. Nowadays, property registration process is computerized in most states.

It refers to the registering of documents relating to transfer, sale, lease or any other form of disposal of an immovable property. Registration is compulsory by law for all properties under Section 17 of Indian Registrations Act, 1908. Once a property is registered lawfully, it means that the person in whose favor the property is registered, is the lawful owner of the premises and is fully responsible for it in all respects

• Original copies of the chain of title agreements and Building Plan approvals
• Original registration and stamp duty receipts
• Possession Letter
• Original share certificate (In case of societies)
• Proof of payment of all dues like maintenance charges, electricity bills, phone, water
  and property taxes up to the date of handing possession
• NOC from the Society or other concerned body confirming no objection to the
  transfer

Clear and marketable Title, Sale Deed, Encumbrance Certificate, latest tax receipts, Occupancy Certificate, Building Plan Approvals and Possession Certificate

New Sale Deed, PAN Card, Photographs.

Sale Deed, No Objection Certificate (NOC) from builder, NOC from banks, Building Plan approvals, Completion Certificate, PAN Card and Photographs.

Allotment papers of the plot, Building Plan approvals, Transfer Deed (in case of multiple owners), Sale Deed, PAN Card and Photographs.

• Sale Deed
• Title Deed
• Approved Building plans
• Completion Certificate ( Newly Constructed)
• Commencement Certificate( Under-construction property)
• Conversion Certificate( If agricultural land is covered to non-agricultural)
• Khata Certificate (especially in Bangalore)
• Encumbrance Certificate
• Latest Tax Receipts
• Occupancy Certificate

Yes. FIR is compulsory in cases where insurance is claimed for malicious damages, riots, terrorism, burglary, theft and larceny. In case of a fire incident, you need to submit the assessment report compiled by the fire department as well.

Under personal possessions, home insurance companies generally cover furniture, electronic/electrical gadgets and jewelry under personal possessions. However, the maximum liability of these items depends upon the type of insurance cover sought or valuations done by the bank.