Commercial due diligence should be completed before the token payment becomes difficult to recover. Use a lawyer, architect and tax adviser when the transaction or intended business is material.
Legal and title
Obtain the title chain, development agreement or power of attorney where relevant, encumbrance information, seller authority, sanctioned plan, commencement permissions and details of pending litigation or security interests. Check the exact survey, building, phase and unit.
Technical and operational
Confirm carpet area, structural condition, fire compliance, access, parking, power, water, drainage, lifts, common areas, signage and permitted use. For an operating business, verify that the local authority and building rules allow the planned activity.
Commercial and financial
Review the Agreement for Sale or lease, maintenance and sinking-fund terms, property tax, utilities, GST treatment where applicable, stamp duty, registration, fit-out costs, rent assumptions and exit restrictions.
For a new project, cross-check the promoter's claims against the official MahaRERA record and the relevant PMC, PCMC or planning-authority approvals. Keep a written document checklist and record what remains outstanding.
Important: This guide is for general information and is not legal advice. Verify current requirements directly with MahaRERA and consult a qualified property lawyer before signing or paying.