Before you pay · Buying guide
5 checks before you pay a token amount
Check these 5 things before you give a token for a flat in Mumbai. Skipping them can cost you lakhs.
The 5 checks
- The ownership chainAll the previous agreements, and a clear title.
- Any loan on the flatIf the seller has a home loan, get the bank's loan closure letter first.
- OC and CCMissing approvals can create problems for both your home loan and your registration.
- Society NOC and pending duesOtherwise the old maintenance dues can land on you.
- The token terms, in writingIf the deal is cancelled, when and how is the token refunded?
Before you sign anything
Pair this with our 10-document checklist. Share it with anyone who is looking for a flat right now.
Chirag Chhabria · Casa Ideal Real Estate · Agent MahaRERA A51800000642
General information to help you ask the right questions. It is not legal or financial advice: get the documents checked by your own advocate before you pay or sign.