The Possession Date of Urbanrise Paradise on Earth is expected to be in December
2026. The opulent residential villa project spans 24 acres and is situated in South
Bangalore's Gangasandra region on Kanakapura Road.
The date the buyers are expected to move into their new homes is known as the
Possession Date. After the project begins, it will be ready for ownership in three to four
years. Given the history and standing of the builder, Urbanrise Group, the project is
expected to be finished on schedule and ready for occupancy.
Highlights of Urbanrise Paradise on Earth Possession Date:
- Transfer of Ownership: The buyer officially takes control of the property with proper
legal and physical possession.
- Settlement of Payments: Any outstanding payments or adjustments, such as
property taxes, utilities, or prorated rent, are usually settled on this date.
- Key Handover: The seller hands over the villa's keys and other items needed to
access the property.
- Utility Transfers: The buyer must ensure that utility services are transferred to their
name and that all systems are operational.
- Legal and Financial Documents: The final legal paperwork is signed, and financial
transactions are completed, including the transfer of the remaining down payment
and closing costs.
- Possession Terms: The possession date may differ from the completion date if the
seller needs to stay in the property after closing or if the buyer has specific move-in
requirements.
- Change of Address: Now is a good time for buyers to update their addresses with
various institutions, including Aadhaar cards, banks, the post office, and any
subscription services.