Buying Property in Installments? Avoid Pitfalls: Essential Checks Before You Invest

• Thoroughly vet the promoter/developer: check past projects, market reputation, and experience to avoid fraud.
• Beware of Power of Attorney sales; ensure land is registered directly in the seller's name to prevent future issues.
• Seek legal advice: verify Mother Deed, ownership history, inheritance details, and ensure all heirs have signed.
• Mandatory written agreement: detail price, payments, tenure, plot number, area, registration date, and price stability.
• Verify approvals from CMDA/DTCP; avoid unapproved plots to prevent registration, loan, and resale problems.