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in Civil Law Property Law
Asked September 04, 2017

Real estate builder's reputation

  • 1 Answer

How to verify that real estate builder is good and will deliver the project on time?

Answer 1

There are several ways of ascertaining a real estate builder's reputation:-

1. Simply conduct an internet search and find out if social media has any trace of his reputation.

2. Ask for its company's balance sheet and management details.

3. Ask and self inquire the performance of builder's old projects and the interact with his old customers.

4. Se if the builder is member of any reputed builder's association for eg Real Estate Developers Association of India.

5. Ask the builder for quality certificate eg International Organization for Standardization.

6. Few ratings indicate the performance of builders so check that for eg. Crisil's ratings

7. Find out if there is any criminal case filed agaisnt the builder or not.

Agree Comment 0 Agrees over 3 years ago

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