First check which approved layout if DTCP in the district it is okay to check all the documents for Visakhapatnam VMRDA projects. More than 8 flats or more than 500 square meters have to be approved with RERA (Real Estate Regulation Authority) after VMRDA or DTCP approval. Otherwise, they cannot do marketing without the RERA approval registration number and it is to be mentioned on their ad, or else they are cheating, all ads must have an RERA Registration number it is beneficial for our investment.
Kindly Check the Government rate in that location.
If Owners are charging twice or thrice the Government rate it is ok.
Never purchase any plot if the approach road is less than 40 feet and internal 30 feet.
Before buying a building or flat ask them to show an occupancy certificate or NOC from the municipal.
Expert engineers advise, when you buy agricultural land ask for a Tippan survey of the land.
Whoever deals in land asks for their qualifications and asks them to show their certificate.
It is your hard earn money, so be aware before paying money.
Take land in the approved layout only check each document yourself.
If you are buying a building/flat/house check who was the architect /engineer if have seen many buildings/apartments after 3 to 4 years it looks 30 to 40 years old unprofessional people are in construction so they don’t have material, engineering knowledge many buildings I found a lot of pillars it is not at all required.
The life of the RCC building is 80 years minimum approach engineers or architects for safety quality, and economical.
Many companies who are doing high-rise projects ask them for all drawings, completion dates, penalty clauses, occupancy certificates, and 5 years of maintenance guarantees so that cheap materials they not use.
Just Remember showing the sun, moon, and star beside the building in the brochure does not mean it is possible in real.
Don’t buy by seeing the brochure first technical check if you are satisfied then show the property to the family.
Don't buy properties by seeing ads on TV. See property in life then decide.
Those who buy plots other than VMRDA/DTCP/VUDA layout, and those who bought buildings or flats without occupancy certificates please form an association.
Always buy property on some bank loan.
RERA approval is mandatory for more than 8 flats and more than 500 sq. meters for any venture.
The advantages are:
customer's money is safe, with a registration number you can check exactly how many acres ventures
how many sold
how many have not sold
progress of work
completion date
if delay penalty and many more all documents You can view
The government also advises not to buy if not registered with RERA.
