Your Complete Guide to Buying an ATS Apartment
Buying a home is one of the most significant financial decisions you'll make in your lifetime. If you're considering an ATS Infrastructure property, you're looking at a reputable developer with a long track record in the NCR residential market. Still, the buying process can feel overwhelming — especially for first-time homebuyers. This guide breaks it down into clear, manageable steps.
Step 1: Define Your Budget and Requirements
Before you explore any specific project, establish your financial boundaries. Consider:
- Your total budget, including registration costs, stamp duty, and interior fitouts
- Your home loan eligibility (typically 80% of the property value for most lenders)
- The configuration you need — 2 BHK, 3 BHK, or 4 BHK
- Preferred location based on your workplace and lifestyle
Tip: Add 10–15% to your estimated property cost to account for additional charges such as car parking, club membership fees, and maintenance deposits.
Step 2: Shortlist ATS Projects That Match Your Needs
ATS Infrastructure has multiple projects across different price points and locations. Compare them based on:
- Location and connectivity
- Floor plan size and configuration
- Possession timeline
- Amenities offered
- RERA registration status
Step 3: Verify RERA Registration
This is non-negotiable. Every ATS project should be registered under the respective state RERA authority (e.g., UP RERA for Noida projects). Visit the official RERA portal for your state and verify:
- Project registration number
- Approved layout plan
- Declared possession date
- Promoter details and project status
Step 4: Visit the Site and Sales Office
Never book a property without a site visit. During your visit:
- Inspect the construction quality and progress
- Check the actual flat location within the tower (floor, direction, view)
- Review the sample flat or model unit if available
- Clarify all charges — BSP (basic sale price), PLC (preferential location charges), floor rise, etc.
Step 5: Understand the Payment Plan
ATS typically offers construction-linked payment plans and sometimes time-linked plans. Construction-linked plans mean you pay in stages as construction milestones are achieved — this is generally safer for buyers. Understand:
- Booking amount (usually 10% of total cost)
- Allotment amount
- Demand letter schedule
- Final payment on possession
Step 6: Home Loan Approval
Apply for home loan pre-approval from your bank before booking. Leading banks and NBFCs typically fund ATS projects since the developer is well-known. Keep documents ready:
- PAN and Aadhaar
- Last 3 years' IT returns
- 6 months' bank statements
- Salary slips or business income proof
Step 7: Review the Buyer-Builder Agreement
Before signing, carefully review the allotment letter and the buyer-builder agreement. Key clauses to check include:
- Possession date and delay penalty clause
- Cancellation and refund terms
- Super area vs. carpet area definition
- Maintenance charges and escalation terms
It is strongly advisable to have a real estate lawyer review the agreement before you sign.
Step 8: Registration and Possession
On possession, ensure you receive an OC (Occupancy Certificate) from the builder. This is mandatory for legal occupation. Pay stamp duty and complete the sale deed registration at the sub-registrar's office in the project's jurisdiction.
Final Checklist Before Booking
| Item | Status |
|---|---|
| RERA registration verified | ✔ Must have |
| Title and land documents checked | ✔ Must have |
| Home loan pre-approved | ✔ Recommended |
| Site visit completed | ✔ Must have |
| Agreement reviewed by lawyer | ✔ Strongly recommended |
Following these steps will help you navigate the ATS home buying process with confidence and minimize risk at every stage.