Buying under construction? A 9-point RERA due-diligence checklist
Buying an under-construction flat is buying a promise. RERA gives you the tools to check that promise before you sign. Fifteen minutes of diligence now can save years of litigation later.
The nine checks
- Confirm the project's MahaRERA registration and that it is active.
- Read the disclosed sanctioned plan, layout and specifications.
- Check the declared completion date and any past extensions.
- Review the promoter's litigation and complaint history on the portal.
- Verify the carpet area against the agreement for sale.
- Confirm the project bank account details for your payments.
- Read the standard agreement for sale and allotment terms.
- Check quarterly progress (QPR) filings for consistency.
- Verify the agent's RERA registration before paying any brokerage.
If any check raises a question, ask for it in writing before you commit. A promoter with nothing to hide will answer.
More reading
Carpet area vs built-up: what allottees are actually paying for
RERA fixed the definition of carpet area for a reason. Here is how to read your agreement — and what to do when the numbers don't add up.
Your project is in CIRP: what happens to your booking, your money and your possession
The moratorium stops your RERA case mid-stride. Here is where your claim goes instead, and what it is worth when it gets there.
Delayed possession: interest, rent or refund — what can you actually claim?
RERA gives an allottee a choice: stay in the project and claim interest, or walk away with a refund. The choice is yours, and it is consequential.
