Builder-Buyer Agreement Clauses You Should Never Ignore
The builder-buyer agreement is a legally binding document that defines the terms of property purchase. Key clauses to watch include the possession date, which must be clearly stated with penalties for delay. The compensation clause should specify the amount payable if possession is delayed—ideally per month or per square foot. Maintenance charges must be transparent and applicable only after possession or issuance of the Occupancy Certificate. Watch out for hidden costs like parking fees, club membership, or preferential location charges—these should be itemized upfront. Always verify RERA compliance and consult a lawyer before signing.
Search
Categories
- Lakshadweep
- Delhi
- Puducherry
- PROPIINN
- Arunchal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jharkhand
- Karnataka
- Kerala
- Maharashtra
- Madhya Pradesh
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Sikkim
- Tamil Nadu
- Tripura
- Telangana | Andhra pradesh
- Pulse
- Uttar Pradesh
- Uttarakhand
- West Bengal
- Andaman and Nicobar Islands
- Chandigarh
- Dadra and Nagar Haveli and Daman and Diu
- Jammu and Kashmir
- Ladakh
Read More
Can Transparency Make You the Best Agent? Prop Mate’s Approach
The Power of Transparency in Real Estate
Transparency is the hallmark of trust in the real...
PROPIINN Redefining Real Estate Through Innovation and Trust
Propiinn is more than just a platform—it’s a Unified Service Platform (USP) built to...
“Tech in the Village. NexMates Made It Possible.”
A few years ago, digital bookings, online services, and verified professionals were a city...
Foreign Investment in Indian Real Estate – Legal Framework & Compliance
India's real estate sector has become a lucrative destination for foreign investors, offering...
Welcome to PROPIINN – Your Dream, Our Vision
In today’s real estate world, confusion often outweighs clarity. Searching for a flat?...