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Things to check when buying flat from investor instead of Builder/ Developer

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Things to check when buying flat from investor instead of Builder/ Developer

Last updated: May 29 2019
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  • Things to check when buying flat from investor instead of Builder/ Developer

    Dear Experts

    I have come across a flat where the investore flat is avilabe for far lest than the price quoted by the builder / developer. This is for end use. The building possession will be done later towards end of the year 2019.



    I have below queries :

    1. Is it safe to buy from the investor, provided NOC is give by the developer and the transfer fee will be borne by the buyer.

    2. What are the documents that need to be looked and asked for.

    3. What should be an ideal Agreement document for this kind of sale

    Please share your thoughts or any other issues that you think makes this risky.

    Last edited May 29 2019, 06:01 AM.
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