Your first home is likely the biggest purchase you'll ever make. Don't let excitement override due diligence — here's your no-nonsense checklist.
1. Verify RERA Registration — No Exceptions
The Real Estate Regulatory Authority exists for one reason: to protect you. Every legitimate project in Haryana must be registered on haryanarera.gov.in. The RERA number tells you the project is approved, the builder's track record is on file, and there's a legal mechanism for grievance. If a builder can't show you a RERA number, walk away. Full stop. At Kronus, every project has been RERA-compliant since the regulation came into force — we display our registration numbers prominently on every brochure, hoarding, and website listing.
2. Visit the Actual Site, Not Just the Model Flat
Model flats are designed to sell. They have perfect lighting, curated furniture, and zero context about the actual neighbourhood. Always visit the construction site. Walk around the locality at different times of day. Check the approach road, the nearest market, water supply consistency, and how the building faces the sun. At Kronus projects, we encourage site visits at any stage — even during active construction. We want you to see the steel, the concrete, and the care that goes into every floor.
3. Understand the Total Cost, Not Just the Base Price
The advertised price is never the final cost. Ask about: GST (5% for under-construction, exempt for ready-to-move), stamp duty (varies by state; Haryana charges 5–7%), registration charges, maintenance deposits, parking charges, club membership, and preferential location charges (PLC) for corner units or higher floors. A ₹50 lakh apartment can easily become ₹58–60 lakh with these additions. Transparent builders will give you a complete cost sheet upfront. If they don't, insist on one in writing.
4. Check the Builder's Delivery Track Record
Past performance is the best predictor of future delivery. Ask how many projects the builder has completed, whether they were delivered on time, and if possible, speak to existing residents. Online forums, Google reviews, and local real estate groups on Facebook are surprisingly honest. Kronus Infratech has delivered every project either on time or ahead of schedule since 2014 — and we're happy to connect you with families who've lived in our homes for years.
5. Get Your Loan Pre-Approved Before You Commit
A pre-approved home loan tells you exactly what you can afford. It also gives you negotiating power — builders take pre-approved buyers more seriously. Compare rates across at least three banks. Today's best rates hover around 8.5–9% for salaried individuals. Don't stretch beyond 40% of your monthly income for EMI. And remember: the cheapest EMI isn't always the best deal. Read the fine print on processing fees, prepayment penalties, and floating-to-fixed conversion clauses.
Yuvraj Tomar
Customer Relations, Kronus Infratech
Building homes and communities in Sonipat since 2014. Got a question about this article? Reach out directly.