Is the land fully acquired?

The land on which the residential or commercial project is about to begin is sometimes acquired partially and some portion of the land is yet to be purchased. You need to confirm whether the builder has acquired the land fully or partially because after the construction if the piece of land on which you have your property is not acquired, you may face trouble in the future.

What are the financial schemes associated with the project?

Finance companies and schemes associated with the real estate project have to be verified to avoid further complications. Also, get the details of the documents and the tenure of the number of years of finance which suits your monthly budget.

Any difference between the handover of key and handover of the project?

There is a key difference between the handover of project and handover of the key. Clear whether the builder is providing with the handover of keys or the handover of the project. Handover of keys refers to handing over of keys when the project is still incomplete while handover of the project refers to complete handover of flat with all the amenities and arrangements in place.

Are all approvals in place?

It is vital to check whether the project is 100% approved from all sides by checking the approval certificates. Confirm approval certificates related to Building construction, Pollution clearance, Height clearance among others.

These questions are necessary to avoid any bad circumstances in the future. Getting a satisfactory answer to all these questions is the green signal of proceeding further with the buying process. Top builders in Pune like Balaji Developers have a trained and experienced team who can address all your queries regarding their residential and commercial spaces. Once you associate with Balaji Developers, you will never have any room for complaints because providing quality housing to our buyers is our prime objective!