Under-construction homes often come with launch offers and staggered payments. They also carry delivery risk, so check more carefully.
- RERA registration, with the committed completion date for your tower or phase.
- The latest quarterly progress report on the RERA portal.
- The payment plan: construction-linked or time-linked, and what triggers each instalment.
- Which bank account payments go to. Pay only into the developer’s designated account.
- Home-loan approval for the project from your chosen bank.
- Penalty and compensation clauses for delay in the agreement.
- The specification list attached to the agreement, not just the brochure.
General information only, not legal, tax or financial advice. Last reviewed November 1, 2026.