Buyer Guide
5 Things to Check Before Buying a Luxury Home
A premium price does not guarantee a premium outcome. Start with these five checks.
1. Developer track record
Visit completed projects by the same developer and speak with people who live there. Finish quality and upkeep after handover tell you more than a sample flat.
2. Legal title and approvals
Confirm the RERA registration and check the title and sanctioned plans with your own lawyer. The price of a home should never be a reason to skip this step.
3. Specifications, in writing
Ask for the exact specifications to be listed in the agreement, including materials, fittings and appliances, so that what you were shown is what you receive.
4. Total cost of ownership
Look beyond the headline price. Maintenance charges, club fees, parking, stamp duty and registration can change the real cost of the home considerably.
5. The neighbourhood, in person
Visit at different times of day and on a weekday. Traffic, noise and access to daily needs are hard to judge from a Saturday afternoon site visit.
