What to Consider Before Buying a Plot?

Buying a plot is more than just securing a piece of land. It is about investing in your future, your home, your lifestyle, or your financial asset. When you deal with a developer, it is crucial to ask the right questions to avoid pitfalls and ensure a smooth transaction.

Below is a purpose-built checklist of nine critical questions you must ask before signing on the dotted line. If the project is under development, request the registration number under Real Estate (Regulation and Development) Act, 2016 (RERA). If the project is already complete or near completion, ask for the Occupancy/Completion Certificate (OC/CC) to ensure legality and hand‐over readiness.

What is the RERA registration number (or the status of approvals)?

“Has the project been registered under RERA? If yes, please provide the registration number and link so I can verify.”

RERA registration offers legal protection and transparency for buyers. Without it, you are exposed. If the project is already completed, ask: “Do you have the Occupancy Certificate (OC) or Completion Certificate (CC) for infrastructure and layout?”

Being able to verify this gives you confidence and legal assurance.

What approvals and land-use clearances are in place (and what are pending)?

“Which approvals have been secured – layout plan, land conversion, utilities (water, sewage, electricity), and what is still pending?”

For example, check if the land has been converted for residential use or if the layout has municipal authority sanctioning. These matters are often flagged in checklists of “Things to check before buying land in Lucknow”. Ensuring approvals are in place protects you from legal/usage risks.

What is the exact title and ownership status of the land?

“Who currently owns the parent parcel? Has the developer acquired full title? Are there any encumbrances or third-party rights (mortgages, liens) on the land?”

Title‐clearance is foundational: without a clean chain of title, you risk legal disputes or delays.

What is the infrastructure status & timeline for amenities?

“What is current status of internal roads, water supply, sewerage, electricity, and street lighting? What is the timeline for completion of these?”

A plot that lacks proper utility access may look attractive initially, but cost you heavily later.

What are the payment terms, pricing, and hidden costs?

“What’s the total cost of the plot? What payment schedule or milestone structure applies? Are there any hidden fees – development charges, corpus fund, maintenance deposit, transfer fees?”

Transparency in pricing helps you plan your budget and avoid unpleasant surprises later.

What are the maintenance and governance obligations after purchase?

“Once I become the plot owner, what annual or one-time maintenance charges apply? Who will govern the layout (association or developer)? What are buyer’s obligations?”

Understanding these ongoing costs is key, especially if you are buying for investment.

What is the expected timeline for plot allotment/possession and any exit/transfer options?

“By when will possession be handed over? What happens if there is a delay? Do I have the right to exit or transfer the plot before build-up begins?”

A credible developer should provide clear schedules and contingencies. Asking about exit options gives you flexibility.

What is the developer’s track record & who are the other stakeholders?

“Which projects has the developer completed so far? Can I visit earlier sites, talk to existing buyers? Who are the architects, the contractors, and the financing banks involved?”

A developer with credible past performance and clear stakeholder chain reduces risk. Real-estate blogs stress questioning reputation and prior projects.

What are the resale/exit options and market appreciation potential?

“If I decide to sell the plot later, what is the likely resale period? Are there any restrictions on transfer? What is the historic and expected appreciation in this area or layout?”

While no developer can guarantee appreciation, a well-located plot in a well-planned layout offers better liquidity. Some guides suggest we ask about future infrastructure and demand in the region.

How to Use This Checklist

• Get all answers in writing. Any oral assurances should also appear in the sale-agreement or rider.
• Independently verify the documents: RERA portal, land-record portal, local planning authority, utility approvals.
• Factor timelines and hidden costs into your budget: delays, maintenance, connection charges all matter.
• Treat any vague or evasive answers as red flags – especially when it comes to approvals, title or infrastructure.
• If the project is complete, ask for proof of possession/OC/CC and check for any defects or pending dues.

By asking these nine questions you equip yourself with the right information to make an informed decision – whether you are planning to build your dream home on the plot, or buying for investment.