Sales Process
6 min readAdvanced
The Real Estate Closing Playbook: From Allotment Letter to Agreement
Navigating post-booking documentation, builder-buyer agreements (BBA), loan sanctioning, and demand note milestones.
Key Executive Takeaways
- ✓Issue digital Allotment Letters within 24 hours of token confirmation.
- ✓Coordinate with home loan DSA agents to expedite bank sanction letters.
- ✓Track payment milestones directly against construction completion stages.
1. Post-Booking Milestone Execution
Standard closing milestones: Token Received → KYC Verification → Allotment Letter Issued → 10% Payment Collected → Draft Agreement Reviewed → Registration at Sub-Registrar Office.
Frequently Asked Questions
How do automated demand notes work in property software?
When project engineers update construction progress (e.g. 5th floor slab completed), the system generates milestone demand letters automatically for all relevant unit buyers.
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