Practical guidance for home buyers covering due diligence, documentation, financing, legal checks, risks, and common mistakes in real estate transactions.
A careful review of the Agreement for Sale, the foundational contractual document under RERA,, its prescribed format, mandatory clauses and legal implications is essential for homebuyers.
Completion Certificate and Occupancy certificate ensures compliance of sanctioned layout plan and regulations, safety norms and the unit having basic civic amenities is ready for possession and habitation. These are two important documents, often ignored by most of the buyers.
Understanding your proportionate ownership in the project land and common areas for better legal protection and long-term investment value.
