Technical analysis at the time of purchase

A technical analysis report for a real estate project at the time of purchase is a comprehensive document that examines various aspects of the project to ensure its viability, compliance, and attractiveness to investors based on the following parameters:

1. Information Provided by Developer with RERA
o Land Ownership
o Mortgage Status
o Project Approvals
o Planning and Development
o Project Specifications
o Project Completion timelines

2. Market information

o Neighborhood Status, Access Road and Surrounding Infrastructure.
o Legal Cases on Developer if any.
o Financial Status of the developer.
o Past Delivery records of the developer.

3. Legal Aspect (Review of purchase document)

A thorough review of the application form, allotment letter, Agreement to Sell (ATS), and sale deed to ensure all terms are clear and fair.