How To Identify Genuine Real Estate Projects Before You Invest

Thinking of investing in real estate in India? It can be exciting, especially for the first time. But it can be tough to find genuine real estate projects. They should be worth your time and money. The market isn’t always straightforward. Scam is a growing issue in real estate.

Unreliable developers can easily misguide. So, how do you avoid that? You can’t put your hard earned money into scams. In this blog, we’ll discuss how to find real estate genuine real estate projects before investing. Make sure you’re investing in a legit real estate. 

Read more: How To Identify Genuine Real Estate Projects Before You Invest

What Do The Latest Real Estate Stats In India Reveal?

This is as of January, 2025:

Around 1.38 lakh real estate projects are registered under RERA. 95,987 real estate agents have been also been registered.

Source: Economic Times

RERA has resolved nearly 1.25 lakh complaints as of 2024.

This shows:

• Regulatory activity
• Increasing dispute resolution

Source: Hindustan Times

Many housing projects still have problems in India. Many units have been stalled or undelivered over the last 8 years. They are more than 5 lakh units across 1,981 projects in 44 cities.

Source: Reality Buzz

What Are The Key Indicators Of Genuine Real Estate Projects In India?

The first step always is to check the approvals. It should have the right approvals in place. RERA registration is the biggest green flag in India. Every legit project must be registered with the state’s RERA. You can verify the same online in minutes. A genuine project will have:

• Valid RERA registration number
• Clear land titles
• Approved building plans
• Environment and municipal clearances

Transparency is another good indicator here. Developers must be confident in their projects. This is when they share all the documents  openly. They’ll provide you regular updates of the project. Safe devolopers also mention possession times. You should be aware of the project specifications.

You can also look for past project performance:

• Timely delivery
• Build quality
• Customer feedback

This helps you choose the right developer.

How Can You Spot Red Flags in Indian Real Estate Investments?

Real estate can be risky with red flags. You must look out for them. The red flags themselves aren’t always obvious. But knowing the common ones is important. Stay cautious of these ones:

Too good to be true pricing:

Sometimes, the price is too much. Prices like these can trick you. You may think it is unbelievable and it is. Extremely low prices can be due to missing approvals. Financial trouble is a result here.

Pressure tactics:

Developers can sometimes push you for booking. Booking immediately is not always good. This means they can be hiding something about the project.

No official documentation:

It is a warming sign if they don’t share:

• Approvals
• Title deeds
• RERA details

Inconsistent information:

Mismatched details of these are a red flag:

• Brochure
• Website
• Verbal communication

What Are the Most Common Mistakes Homebuyers Make?

Buying a property in India is exciting. But it’s also easy to make mistakes in real estate. Here are some of the most common pitfalls to fall for:

Skipping Proper Due Diligence –

This is when buyers don’t check:

• RERA registration
• Land titles
• Project approvals

Falling for “Too Good To Be True” Deals –

Unrealistically low prices can seem tempting. But don’t ignore these issues:

• Incomplete approvals
• Financial trouble
• Stalled projects

Ignoring the Developer’s Track Record –

Siny new projects can impress you. But the developer may also have a history of delays.

• Not Visiting the Site

A site visit can reveal –

• Construction quality
• Infrastructure issues
• Discrepancies

Overlooking Payment Plans –

Do not ignore:

• Complicated payment plans
• Extra charges
• Maintenance fees

Conclusion

The real estate market can have many scams. Make sure your real estate project is genuine. Investing right way isn’t always right. Check the RERA registration of the property.

FAQs

Q – Why is RERA important for homebuyers?

A – Checking RERA’s registration is important in real estate. It makes sure the property is legally approved. 

Q – How can I verify if a real estate project is genuine?

A – You can verify by checking: 

• RERA registration
• Land titles
• Building approvals
• Environmental
• Municipal clearances
• Developer’s track record

Q – What are the red flags in Indian real estate projects?

A – Common warning signs include:

• Unusually low prices
• Lack of documentation
• Delayed possession history
• Pressure tactics from agents

Q – How do I check a developer’s credibility?

A – Research their:

• Past projects
• Delivery timelines
• Customer reviews

Q – What mistakes should first time buyers avoid?

A – Here they are:

• Skipping due diligence
• Falling for low deals
• Ignoring developer history
• Not visiting the site
• Overlooking hidden costs
• Relying solely on online reviews

Q – What does RERA guarantee?

A – RERA guarantees these for real estate buyers:

• Greater transparency
• Accountability
• Security 

Q – Can I trust underconstructed projects?

A – Yes, you can after verification.