News

📄 1. Document Audits Becoming Stricter

Authorities are tightening rules on illegal constructions, so buyers must verify:

RERA compliance (ongoing projects must show quarterly updates)
Legally approved layout plans
Encumbrance Certificate for last 15 years
Land ownership clarity, especially in outskirts and newly developing zones
OC/CC for ready units—many builders still delay this

Lawyers report a 30% rise in document-related disputes, making verification crucial.

🏗️ 2. Quality Checks Strongly Recommended

Due to a surge in fast-construction projects, structural audits are becoming popular.

Buyers are advised to inspect:

Wall dampness
Plumbing lines
Lift quality & AMC details
Parking construction
Fire safety compliance

Many new buyers are hiring independent engineers for a one-time inspection before possession.

🚇 3. Location Value Now Linked to Future Infrastructure

With new metro lines, expressways, and business hubs under development in cities like Pune, Mumbai, Hyderabad, Bangalore, and Mohali:

Flats near connectivity hubs are appreciating 12–20% yearly
Peripheral areas without infrastructure are stagnating

Buyers should check approved future plans, not verbal promises from agents.

💸 4. Hidden Charges Are Catching Buyers Off-Guard

Recent trends show common surprises:

₹1–3 lakh for meter connections
High one-time clubhouse fees
Parking allocation charges
Floor-rise fees
Corpus fund/maintenance deposits

Experts recommend demanding a written breakup before paying even a token amount.

🏘️ 5. Lifestyle & Community Factors Now Priority

Modern buyers—especially young IT professionals—are prioritizing:

Fewer flats per floor, good privacy
Proper ventilation and sunlight
Healthy community living
Quality of amenities actually delivered, not just advertised

Societies with green spaces and low density are selling faster.

📝 Bottom Line for Buyers

Real estate is booming, but the safest buyers are the ones who:

✔ Verify every legal document
✔ Inspect actual construction quality
✔ Choose locations with real infrastructure
✔ Understand every cost upfront
✔ Consult their own lawyer, not the builder’s

Key Things Homebuyers Should Check