Evaluate housing options
A checklist of parameters that should be observed while buying a home within and outside Mumbai

Whether you are out to buy your dream home or as a real estate investment in your portfolio, it is always important to keep a check list when going about the evaluation process. Buying homes in and around Mumbai can be a complicated process and most often the devil lies in the detail. Let's try and break these down. There are a few common check boxes irrespective of location which come first:
1) Conversion/ approval of land for residential development is available

KEY PARAMETERS

■ TITLE
■ INSPECTION OF SANCTIONS
■ BOOKING OF PREMISES
■ AGREEMENT OF SALE
■ PAYMENTS
■ ESCALATION
■ CONSTRUCTION OF
■ BUILDING
■ QUALITY OF CONSTRUCTION
■ CONSTRUCTION,TIME FRAME, PENALTY, GENERAL CONDITIONS:
■ COMPONENTS OF COST
■ DESCRIPTION OF AMENITIES
■ INFRASTRUCTURE REQUIREMENTS
■ TREE PLANTATION
■ REFUND OF MONEY
■ FORFEITURE
■ PLANS & SALEABLE AREA

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