Скачать или смотреть How To Check Credentials Of Builder | Guide For First Time Buyers | Realty Reviews

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We bring to you our new series for first time home buyers, who we like to cal Dummy buyers. In the first video of the series, we tell you how to check the credentials of a builder

Point 1: DELIVERY RECORD OF BUILDER

• How many flats/projects delivered

• Quality of delivered projects

• Feedback of end users

• Launch to delivery timelines of projects


Point 2: FINANCIAL HEALTH OF BUILDER

• Debt/Equity Ratio

• Cash Flow/Revenue

• Assets Vs Liabilities

• Construction Partners Finance

• Crisil Real Estate Star Rating (CREST)

• Central Registry Of Securitisation Asset Reconstruction And Security Interest Of India (CERSAI)


Point 3: ONLINE REVIEWS OF BUILDERS’ PROJECT

• Google Reviews

• YouTube Video Comments/Reviews

• Facebook Groups


Point 4: MARKETING BUDGET OF BUILDER

• How many hoardings/ newspaper ads being consumed by builder for promotion

• Builder marketing directly or channel partners marketing more aggressively

• Quality of marketing material like brochures, creatives, presentations


Point 5: VISIT CORPORATE OFFICE OF BUILDER

• Check where is the office located

• How big is the office

• How many people are working in office

• Check behaviour and quality of sales staff

• Beware of builders where brokers are meeting you as their sales staff


Point 6: CHECK TIMELINES OF UNDER CONSTRUCTION PROJECTS

• When was RERA received

When did construction begin

• How much work done on ground since start of construction

• Is builder delaying application of OC repeatedly


Point 7: Check Details Of Project On RERA Portal

• Verify all details of the project

• Check if all approvals are in place

• Check if any RERA complaint against Builder or for your selected project