India’s most delayed residential projects

Aug 22, 2022
  • Author(s) : Heena Chheda
  • In an FAQ session with, Heena Chheda, Partner at Economic Laws Practice (ELP) answers some of the frequently asked questions that homebuyers should ask before buying a house.

    Heena answers the following questions:
    – Is the project RERA registered?
    – Whether all the permissions have been obtained and are valid and subsisting? Whether the plan of the entire building to be constructed has been sanctioned?
    – When will the project along with all common areas, amenities and facilities be completed and handed over to the buyers/society?
    – What are the financial arrangements made by the builder?
    – What are the terms of the booking form and cancellation of the booking form / allotment letter including refund of advances?
    – Is there a penalty clause?
    – What are the other costs and deposits to be paid by the buyer/investor to the builder?

    Read a detailed response to these questions here: