R
Rajesh Shastri
posted on 5 MayBangalore investors: How deep do you go on builder legal checks?
Builder ka legal track record check karna is absolutely non-negotiable for investors, especially in Bangalore. I'm currently in a 2BHK in Whitefield, looking at 3BHK options or a villa, maybe around Sarjapur Road. Not just the RERA number, but how do you guys *really* verify a builder's past compliance? Like for Prestige City or even smaller ones like Keya Homes, what are the deep dive steps? OC delays are a big red flag for me, but is there a way to check a builder’s history of getting OCs on time? Also, if a builder delays, RERA complaints, are they actually effective, ya just on paper? My main concern is long-term appreciation and clear title, don't want future headaches. Any pro tips for legal due diligence beyond the basics?
#rera-compliance#legal-due-diligence#builder-track-record#oc-delay#investor-advice
Comments
Totally agree with the post! OC delays are my biggest nightmare. I've heard stories of people waiting years, paying EMI and rent simultaneously. How do we even cross-check a builder's past project timelines? RERA website sometimes feels like just a formality. Is there a better way to dig deeper than just project registration?
Exactly! OC delays mean extra rent, EMI, double burden. My budget can't handle that stress at all. This is my main worry too.