I am looking to buy a flat. This will be my first flat. These are under construction flats and should be delivered in 2-3 years. The person who is re-selling bought it at 33 lakhs and the builder is currently selling similar size flats at rate of 40 lakhs. The re-seller is saying he will sell at 3 lakhs premium i.e 36 lakhs.

Now I want to ask what all things I should check and take into account before making the purchase. And how can I check if it is not some fraud case. Thanks a lot.
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  • Get a copy of BBA, all the dues cleared to date from the builder's side, transfer form and all the paperwork involved with that.