When investing in a builder floor, you must request the seller to present all the paperwork including property documents, authorization certificates, etc. It is important to conduct due diligence of the property to ensure everything is in place and your money is going in the right place. In this answer, I will tell you what to check when buying a builder floor. So stick around.
What to know when buying a house from a builder?
To be extremely careful while investing your money is genuinely important. Here are a few things that you must check when buying a builder floor.
- Check property title in sub-registrar’s records
- Ask for approved building plan
- Ask for authorization certificates issued by the government for floor area ratio and other permits.
- Ask for CC and OC
- Check the construction quality
- If the property is up for resale, check for all the bills and legal documents for any dues
- Check water and power supply status
- Conduct a background check on the builder and his reputation in the real estate market.
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What to check when buying a builder floor?
Swikaar
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1
3 Year
2021-06-18T16:23:42+00:00 2021-06-18T18:54:25+00:00Comment
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