Know Your Rights: Can a builder increase the flat price after booking?
Builders often inflate property prices post-advance payment, but a written agreement solidifies the final cost under RERA. Buyers must ensure the contract details total price, payment schedules, and carpet area. Oral agreements offer little protection, making a clear, signed contract legally binding and preventing unilateral price hikes by developers.
Builders often inflate property prices post-advance payment, but a written agreement solidifies the final cost under RERA. Buyers must ensure the contract details total price, payment schedules, and carpet area. Oral agreements offer little protection, making a clear, signed contract legally binding and preventing unilateral price hikes by developers.
