Buying an under-construction property in Mumbai—whether it’s in Chembur, Wadala, or Ghatkopar—can offer lower prices, modern amenities, and flexible payment options. However, it also comes with its own set of risks and factors that need careful evaluation.

Here’s your essential checklist before booking an under-construction home:

1. RERA Registration

• Ensure the project is registered on MahaRERA
• Check for possession date, layout plans, and approvals

Projects without RERA registration are a red flag—avoid them

2. Builder Reputation & Track Record

• Research the builder’s history for delivery timelines and quality
• Read reviews and visit past completed projects

Builders like Godrej, Veena, and Tridhaatu have reliable reputations in Chembur

3. Construction Stage & Timeline

• Early-stage projects offer lower rates but higher risk
• Choose mid-stage projects if you want better visibility of progress

Delays are common—add a buffer time of 6–12 months over-promised possession

4. Legal Approvals

• Check for building plan approval, environment clearance, fire safety NOC, etc.
• Ask for Commencement Certificate (CC)

5. Carpet Area vs Built-Up Area

• Compare actual usable carpet area (as per RERA) to what’s offered
• Avoid being misled by super-built-up figures

Always ask for a unit plan with a clearly marked carpet area

6. Payment Plan & Cost Sheet

• Opt for construction-linked plans to avoid financial burden
• Watch out for hidden charges in floor rise, parking, GST, maintenance, etc.

7. Future Connectivity & Infrastructure

• Consider proximity to metro lines, highways, and upcoming infra
• Projects in Chembur and Wadala benefit from Metro Line 2B and MTHL

8. Delay Clause & Exit Options

• Review the penalty clause in case of delayed possession
• Understand refund policies and transfer charges if you plan to exit before completion

Conclusion

Under-construction properties offer great advantages in price and customisation, but demand careful vetting. From builder credibility to RERA compliance, every detail matters.

At Upgrade Realty, we specialize in under-construction projects across Mumbai. We ensure full legal due diligence, site visits, and transparent cost sheets so you can book your dream home with confidence!