A booking amount is often the first money a buyer commits, and it is frequently paid before the most important questions are asked. The following questions take little time and surface most of the issues that matter.
On approvals
- What is the RERA registration number, and can it be confirmed on the state portal?
- Have the commencement and approved building plans been issued?
- For a ready unit, has the Occupancy Certificate been issued for this block?
On the unit and price
- Is the quoted price on carpet area, and what is the rate per carpet-area foot?
- What is included in the price, and what is charged separately — parking, floor rise, club membership, and maintenance deposit?
- What are the CAM charges and how are they calculated?
On the agreement
- What does the booking amount secure, and on what terms is it refundable?
- What is the disclosed completion date, and what does the agreement say about delay?
On the title
- Can the chain of title and a recent Encumbrance Certificate be reviewed?
A builder who answers these readily is easier to trust than one who defers. The quality of the answers is itself information.