From registration numbers to escrow accounts — the due-diligence list every under-construction buyer should follow.
The Real Estate (Regulation and Development) Act, 2016 brought transparency to new launches. Use this checklist before you pay a booking amount.
Verify on the state RERA portal
Search the project registration number, check the declared possession date, approved plans, and quarterly progress updates.
Carpet area, not super built-up
RERA requires pricing on carpet area. Ask for the carpet area in writing and compare it across projects.
Agreement for sale
Read the delay-penalty clause and confirm the builder follows the model agreement notified by your state.
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