Builder financial health and RERA history are often ignored.
Many buyers overlook a builder's financial health and RERA history when buying in Delhi. I've seen too many projects stall due to financial issues, especially outside established South Delhi areas where prices are already high. It's not just about a low EMI; checking the builder's balance sheet is critical. For instance, with developers like Raheja or Omaxe, I always dig into their past project completion records and any RERA complaints. Are there hidden liabilities? Have they been dragged to consumer court often for projects in Dwarka or Rohini? What about their OC status? DLF or Godrej Properties usually have cleaner records, but even then, cross-checking specific project RERA filings is a must. The data shows clear title and financial stability directly impact resale value down the line. Any tips on how others verify this beyond public records?
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