The Real Estate Investment Checklist

Sufficient amount of in-depth research about a location and its surrounding places including emerging connectivity and potential developments, among other factors, need to be accounted for before choosing an investment property.

• Verify the credibility and track record of the developer in terms of execution and delivery.
   
• Check the project location and market trends as they directly impact the future value of the property.
   
• Confirm if it is a high-growth area, one that is currently in decline or in the early stages of development.
   
• Check for travel convenience, proximity to hospitals, universities, major business centers and connectivity with nearby places.
   
• Ensure proper declaration by the promoter for stating the project completion time period and provision of the legal land.
   
• Check if the project is registered under RERA and note down its registration number.
   
• Ensure that the affidavit carries a date of possession and a rate of interest in case of any default.