The Smart Buyer’s 7-Point RERA Due Diligence Checklist

Before placing an advance booking cheque on any residential or commercial project, every buyer must carry out systematic due diligence to protect their hard-earned capital. 1. Verify HARERA Registration Certificate: Always confirm that the project’s RERA registration is active and not pending or expired. 2. Check Sanctioned Building Plans: Verify that the tower layout and floor plans shown in the developer brochure match the sanctioned structural drawings filed with the authorities. 3. Check Escrow Account Status: RERA mandates that 70% of all customer collections must be deposited into an earmarked bank account used exclusively for construction and land costs. 4. Title & Land Encumbrance Report: Review whether the project land is freehold or leasehold, and examine any existing bank mortgages or non-objection certificates (NOCs). 5. Quarterly Compliance Reports (QPRs): Check the developer's quarterly progress uploads on the RERA portal to gauge actual construction velocity versus milestone promises. At VastiHomes, our legal review desk conducts this 7-point audit on every project prior to recommending it to our buyers.