1. Start with the RERA record, not the brochure
Search the project on the applicable state RERA website and match the promoter name, registration number, project land details, approved plans, registered completion date and uploaded disclosures. The RERA record is a better starting point than marketing material because it anchors your comparison to registered project information.
2. Compare the full acquisition cost
Ask for a written cost sheet and separate the base sale price from preferential location charges, parking, club charges, maintenance deposits, utility charges, statutory taxes and any other payable amount. A lower headline price can become less competitive once mandatory charges are added.
3. Evaluate the micro-location
Measure real travel time to your workplace, metro or expressway access, schools, hospitals and daily retail. Also check what infrastructure exists today versus what is only planned. For an under-construction project, the possession horizon matters because a developing corridor may look very different three to five years later.
4. Match construction stage with payment risk
Review the payment plan and assess whether instalments are tied to meaningful construction milestones. Compare the current physical progress with the project schedule and understand your exposure if the project is delayed.
5. Read the agreement before paying a large amount
Check carpet area, balcony or terrace allocation, parking terms, possession conditions, delay compensation, cancellation terms, maintenance handover, escalation clauses and the list of promised specifications. Keep a copy of every written offer that influenced your decision.