CHECKLIST FOR HOME BUYERS - TO COMPARE THE PROJECTS YOU ARE INTERESTED IN.

AS A RULE ONE SHOULD "ALWAYS" VISIT THE SITE / REGION PERSONALLY 1. HAS THE BUILDER GOT THE LAND REGISTERED IN HIS NAME? 2. IS THE BUILDER TAKING LOAN FROM A BANK TO PAY FOR THE LAND 3. ARE GOOD BANKS SUCH AS HDFC, LIC, ETC GIVING HOME LOANS ON THIS PROJECT. IF YES THEN ARE THEY GIVING ON DP OR CLP. AND HOW MUCH % 4. IS THE MASTER PLAN OF THE PROJECT AUTHORISED BY AUTHORITY? IF NOT THEN WHEN IT WILL BE DONE, AS TILL THE AUTHORITY AUTHORISES THE MASTER PLAN, BUILDER IS FREE TO MAKE ANY CHANGES AS HE WANTS. ONCE AUTHORISED BY AUTHORITY, CHANGES IN SITE MASTER PLAN ARE VERY DIFFICULT 5. DO YOU HAVE THE MASTER PLAN FOR THE "REGION" TO SEE WHERE EXACTLY IS THIS SITE AS PER CITY MASTER PLAN. AND TO CHECK WITH WHOM THIS PROJECT SHARES ITS BOUNDRIES WITH. PROJECTS VERY CLOSE (WITHIN DIRECT LINE OF SIGHT OF 100-200 MTRS) FROM FOLLOWING IS A NEGATIVE: Police stations & Jails, Courts, Hospitals, Sewage area, Dumping Grounds, School spl. Govt.Schools, Colleges, Villages, Huge Drains, Low income housing societies, Sector markets, MIG/LIG Market areas, Govt.offices, Factories, Power station, High tension wires, Mobile Towers, Railway tracks, Graveyards, Places of worship, wine and beer shops, Bus Terminals,Cremation Grounds, Mental asylums, Warehouses, Major Chaurahas with Red Lights, Metro stations (Best to have Metro stations around 400-700 Mtrs to avoid Encroachments, Traffic and Illegal Parkings around Complex),Slaughter Houses, Wholesale Markets, Forest area, Huge Parking Areas,Petrol Pumps (should not share boundry with complex) 6. IF PROJECTS ARE CLOSE TO (APPROX. WITHIN 200-700 MTRS) FROM FOLLOWING THEN ITS A POSITIVE: 4/5 Star Hotels, Green Belts, Golf Courses, High End Shopping Malls, Park areas, Well Planned IT, MNC Office areas, Plotted Development areas (makes the region open and less dense), Well laid out Expressways, Metro stations (best around 400-700Mtrs) 7. WHO IS THE SUB CONTRACTOR OF THE PROJECT FOR CONSTRUCTION 8. HOW MANY APPARTMENTS PER ACRE OF PROJECT (TOTAL NUMBER OF FLATS DIVIDED BY TOTAL AREA) 9. WHAT IS THE % LOADING (CARPET AREA - WHICH YOU CAN ADD FROM LAYOUT PLAN, DIVIDED BY SUPER AREA) 10. ARE CUPBOARDS INBUILT OR WILL TAKE SPACE IN YOUR ROOM CARPET AREA 11. WHAT IS THE CEILING HEIGHT 12. ALWAYS GO FOR A PROJECT WHICH IS LESS DENSE AND HAS MORE OPEN AREA..AS FACILTIES CAN ALWAYS BE ADDED BUT NO ONE CAN ADD EXTRA SPACE

13. IF BUILDER GIVING YOU FURNISHINGS..THEN OF WHAT BRAND THEY WILL BE.REMEMBER "XYZ BRAND OR EQUIIVALENT" MEANS "CHINESE EQUIVALENT" 14. REMEMBER MAINTENANCE CHARGES CAN BE BETWEEN RS. 1-2 PSF PER MONTHS PLUS 12% SERVICE CHARGES. SOME PROJECTS ALSO ASK FOR MONTHLY CLUB FEE AND ALSO CHARGES FOR USING FACILTIES LIKE STEAM, SAUNA, ETC. REMEMBER POWER BACK UP IS NOT FREE, OTHER THAN FIXED CHARGES, PER UNIT CHARGES ON POWER BACK UP DEPEND ON DIESEL RATE AND NOWDAYS IS AROUND RS.11-14 PER UNIT 15. EARTHQUAKE RESISTANT - TO WHAT RICHTER SCALE ??..HIGHER THE BETTER. AND WHO WILL CERTIFY THIS. 16. WHAT TYPE OF A.C PROVISION WILL BE PROVIDED. SPLIT A.C PROVISION IS MUST NOWADAYS AS WINDOW A.Cs OCCUPY A LOT OF BALCONY SPACE 17. PIPED GAS - IS BUILDER GIVING PROVISION FOR PIPED GAS SET UP INTERNALLY, BECAUSE IF NOT THEN IN FUTURE YOU HAVE TO SET IT UP ON THE WALL OF BUILDING WHICH LOOKS PRETTY BAD 18. ELECTRONIC SECURITY IS MUST...ALL SECURITY GUARDS ARE MORE OR LESS USELESS. ITS MOST IMPORTANT THAT BUILDER PROVIDED CCTV CAMERAS AND PROVISIONS FOR DOOR PHONES IN EACH APPARTMENT. INTERCOM IS STANDARD FEATURE 19. ARE THERE TOO MANY FUTURE DEVELOPMENT AREAS IN THE PROJECT SITE. IF YES, THEN KEEP IN MIND THIS MEANS LOTS OF LABOUR MOVEMENT, NOISE AND AIR POLLUTION, ETC..PLUS MAYBE THE BUILDER MAKES A TALLER BUILDING IN FUTURE. 20. IF THE PROJECT YOU ARE BUYING IS PART OF A BIG PROJECT THEN DOES YOUR PROJECT HAVE ITS OWN BOUNDRY WALL...IF NO..THEN ITS A NEGATIVE AS IN SUCH PROJECTS THERE ARE NEARLY 10-15,000 FLATS PLUS COMMERCIALS, ETC INSIDE..MEANING CONSTRUCTION WILL CONTINUE FOR YEARS AND NO CONTROL OVER MOVEMENT INSIDE THE COMPLEX. EVEN WHEN PROJECT IS COMPLETED THE EXCLUSIVITY IS NOT THERE..AS ANYONE WHO ENTERS THE COMPLEX WILL BE FREE TO MOVE ABOUT ANYWHERE 21. CHECK THE STATUS OF THE LAST 3 PROJECTS COMPLETED BY THE BUILDER (THEY MAY BE COMMERCIAL OR RESIDENTIAL), VISIT THEM YOURSELF IF POSSIBLE AND GET A FIRST HAND EXPERIENCE ON THE BUILT AND MAINTENANCE QUALITY. TALKING TO MAINTENANCE STAFF, LABOUR, ETC GIVES A GOOD IDEA HOW THE BUILDER HAS BUILT THE PROJECT. PREFERABLY IF THE LAST 3 PROJECTS OF THE BUILDER ARE OF SIMILAR SCALE TO THE ONE YOU ARE INTERESTED IN, THEN ITS BETTER. 22. TOTAL "POCKET PRICE" IS CALCULATED BY ADDING ALL THIS: BSP+All charges by builder incl. Parking, power back up, IFMS, External Dev. charges, Meter charges, Club membership, etc etc. Now add 5% extra area on you Super Area as when possession time, the builder will casually tell you that your 1500 sq.ft area is now 1600 sq.ft..and guess what NO increase in carpet area...so be prepared. Add service charges...approx 2.5% on BSP and approx.10.5% on other charges...add registry charges (8% in Noida), and another miscellaneous charges of approx. 25,000

23. WHO WILL MAINTAIN THE PROJECT. USUALLY ITS A SISTER CONCERN OF THE BUILDER..AND HE WILL ASK YOU TO SIGN AT POSSESSION TIME FOR 1-2 YEARS. MAINTENANCE QUALITY IS USUALLY POOR BY THESE SISTER CONCERNS AND UNTILL UNLESS A PROACTIVE AND PROGRESSIVE RWA TAKES OVER..BE PREPARED FOR POOR MAINTENANCE. USUALLY THESE BUILDER MAINTENANCE AGENCIES TAKE AT LEAST 2 YEARS TO LEAVE. 24. DONOT ISSUE CHEQUES TO ANY BROKER, BUILDER UNTILL UNLESS A APPARTMENT NUMBER AND TOWER WITH AREA IS CONFIRMED TO YOU. THE RECEIPT OF YOUR BOOKING CHEQUE SHOULD BE GIVEN BY BUILDER WITH FLAT, TOWER NUMBER AND SUPER AREA. NEVER EVER GIVE CHEQUES TO BROKERS WHO WILL SAY THAT THEY WILL GIVE YOU THE FLAT OF YOUR CHOICE AFTER SOMETIME IN EXCHANGE.THEY WILL BOOK YOU A POOR LOCATED APPARTMENT PROMISING THAT THEY WILL CHANGE IT IN FUTURE. THAT SELDOM HAPPENS. 25. NEVER BE OVERWHELMED BY "FREE FURNISHINGS" ALL THIS WILL BE AVAILABLE AT CHEAPER PRICE AFTER 2,3 YEARS. CONCENTRATE MORE ON BASICS OF REAL ESTATE. IF A PROJECT FULFILLS THE BASICS WELL..THEN AS ADD ON "FREE FURNISHING' ARE BONUS. 26. IS THE BUILDER PROVIDING BASEMENT PARKING OR NOT. HOW MANY CARS CAN BE PARKED INSIDE THE COMPLEX. KEEP IN MIND NUMBER OF CARS WILL ALWAYS INCREASE. THERE SHOULD BE PROVISION FOR ATLEAST 2 CARS PER FLAT. BASEMENT PARKING IS VERY IMPORTANT. 27. HAVING THE LIFT SHAFT NEXT TO BEDROOM IS NOT RECOMMENDED AT ALL 28. HOW MANY LIFTS IN THE BUILDING, AND HOW MANY STRETCHER SIZE LIFTS. IF NUMBER OF APPARTMENTS IN A BUILDING IS LESS THAN 50 THEN 2 LIFTS WITH ONE STRETCHER LIFT IS FINE. IF MORE APAPRTMENTS IN THE BUILDING THEN THERE SHOULD BE AT LEAST 3 LIFTS WITH ONE STRECTHER LIFT 29. KITCHEN WALLS AND TOILET WALLS BEING SHARED IS NOT RECOMMENDED 30. CHECK THE SUNLIGHT DIRECTION IS AS PER YOUR REQUIREMENT. THE APPTS. WITH DIRECT SUNLIGHT FOR A LONG TIME WILL HAVE A "BAKING" EFFECT AND WILL BE HOT IN SUMMERS BUT "WARMER" IS WINTERS. THE APPTS. WHICH ARE NOT EXPOSED TO DIRECT SUNLIGHT FOR A LONG TIME WILL BE "COOL" IN SUMMER BUT "COLD" IN WINTER. DELHI IS HOT FOR 8-9 MONTHS A YEAR AND 3-4 MONTHS IS COOL, COLD. SO DEPENDING ON WHAT YOU FEEL IS BEST FOR YOU SELECT THE APPARTMENT. KEEP IN MIND THE TOTAL HEIGHT OF THE BUILDING CLOSE TO YOU..IT WILL HAVE AN EFFECT AS TO WHEN YOUR FLAT GETS SUN.