Shriram Serenity Possession Date

Shriram Serenity Possession starts from 1 August 2029 onwards. The project has received RERA approvals, and construction will start on 5 July 2025. It will take four years to complete the project from the project start date.

The day a buyer can officially move into and get ownership of their new property is known as the possession date. Everyone are waiting for this particular day. In the contract, the date is often agreed upon by both the seller and the buyer. Before starting construction, the builder will mention the completion date.

The project will be handed over to the buyers for possession on the completion date. Buyers can start moving towards their dream home, or they can also rent their property. The builders will announce the completion date earlier to inspire confidence in buyers. There will be a grace period of six months from the date, and buyers can take hold of their properties after they get completed.

Important things related to the possession date

• It can be changed by mutual agreement
• It may not be the same for all units in the project
• It can impact the payment schedule
• It can't be delayed

Homeowners can expect a smooth handover involving the transfer of legal paperwork, keys, and other legal formalities during the possession procedure. The investors are waiting for the day from the launch date. It assures that residents are well-informed about their new residences from the beginning. At that day the buyer can verify everthing.

Shriram Serenity's ownership date holds great significance from a financial standpoint. It is a dream come true moment for many. Buying a home often requires financial planning around the date of ownership. If they have a home loan, for example, the Equated Monthly Installments (EMIs) usually begin when the property is possessed. Furthermore, the moment of ownership is often when the last lump sum payment is made.

When buyers can finally move into their new homes, the possession date is a reason for celebration, but it's also a time for a thorough inspection. During handover, buyers should do a detailed inspection of the property to make sure all utilities and fixtures are present and everything is in accordance with the agreement.