Buying inside a developing scheme is not risky because the scheme is risky. It is risky because most buyers pay a token before they verify anything. The order matters more than the paperwork.
Before you pay anything
- Confirm the plot exists on the approved layout. A plot number on a receipt is not the same as a plot number on the society's approved layout plan. Ask to see both.
- Check the block's possession status, not the scheme's. Faisal Hills spans blocks at very different stages. "Possession available" in Block A tells you nothing about Prime Block.
- Verify the seller is the recorded allottee. If the seller is holding a general power of attorney, verify the attorney document at the society office directly.
- Ask for the dues position in writing. Development charges, possession charges and any surcharge should be listed with dates.
Before you transfer
- Get the No Demand Certificate (NDC). Without it the transfer will not process, and chasing it after you have paid is how deals stall for months.
- Physically walk the plot. Corner and park-facing premiums are only worth paying if the plot is actually a corner and the park is actually planted.
- Check the road width against the layout. A 30ft street sold as a 40ft street is a real and common discrepancy.
- Confirm levelling. A plot that sits four feet below road level carries a filling cost that nobody quotes you upfront.
At transfer
- Transfer at the society office, in person, on a working day. Not at a dealer's office, not on a Sunday.
- Take the transfer fee schedule in writing before the appointment. It should match the society's published schedule.
- Collect the new allotment letter before you release the balance. This is the only moment where you hold leverage.
If a seller resists any single item on this list, that resistance is the information. We have walked away from deals on point three more often than on price.