Before booking a flat or villa in Noida, Greater Noida, or Ghaziabad, review these 7 essential checks covering UP-RERA verification, carpet vs super area, Mivan construction, and hidden cost components.
Buying a home in Delhi-NCR is one of the most significant financial decisions a family makes. At Gaursons Property — Investment Advisor, our role is to replace sales jargon with objective, verifiable facts before you sign an application form.
1. Verify UP-RERA / HRERA Registration Details
Every new launch or under-construction tower exceeding 500 sq. meters or 8 units must hold an active RERA registration number. Always check the official RERA portal for sanctioned floor plans, quarterly construction progress, and the committed possession date.
2. Compare RERA Carpet Area — Not Just Super Area
Builders often quote 'Super Built-Up Area' (which includes common corridors, lift shafts, lobbies, and balconies). Always compare the RERA Carpet Area (net usable floor area inside the apartment walls) plus balcony area to understand true usable space.
3. Evaluate All-Inclusive Cost Sheets
Beyond the Basic Selling Price (BSP), review PLC (Preferential Location Charges for park/club/corner facing), car parking, club membership, IFMS, lease rent, GST (applicable on under-construction properties; exempt on OC-received ready properties), and stamp duty/registration charges.