HOW TO CHOOSE YOUR BUILDER

Witnessing the real estate sector today, choosing a builder can be a very big and important task as your lifetime savings might be on stake, therefore, you are required to be a little more conscious and all that is needed is some good amount of research that will land you just in your dream home. Here is your guide to choose your builder:

1. Do your research.

The most important thing is research. Read about different builders online, go through newspapers on real estate, visit fairs on real estate, talk to good & experienced real estate agents and other people having good knowledge like homebuyers.

2. Make a List of Builders

Once you are done with researching, make a list of builders you are interested in and most likely to invest your money with. Find the details of their existence and since when they have been into this business. Connect with them and gather relevant information like quotes. Ask for the fixed quote and not the estimates. It will help you to choose the best services at reasonable prices.

3. Registered under RERA

Verify that the builder is registered with RERA and has obtained all necessary approvals.

4. Quality matters

Look for quality construction and pay attention to details when you visit any of the ongoing or completed site/project of the builder, the building products that are used, etc.

5. Choose your builder

On the basis of the above, decide and discuss the deadline with builder. Ask your builder what kind of insurance and security they provide and if they have, then ask for the same in written for surety.

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ED Arrests Builder in Rs 2,000 Crore Fraud with Homebuyers

CA Ramesh Agrawal The ED has arrested four promoters of Earth Infrastructures Ltd. on 1 st June 2026 for Rs. 2004+ Crore fraud under the Prevention of Money Laundering Act (PMLA). The accused Avdhesh Kumar Goel, Rajnish Mittal, Atul Gupta and Vikas Gupta are the directors / promotors of the company. They were presented before a special PMLA court in Delhi. The court granted five days custody to ED for interrogation. As per the agency, Rs. 2004+ Crore has been collected by the Earth Group from more than 19,425 Home Buyers and Investors promising assured returns and timely delivery of the projects. Rs. 467 Crore has been diverted through Group Companies and other related individuals & concerns. The ED told that “Despite receipt of substantial funds from the buyers/investors, the projects were either left incomplete or possession of units was not handed over, thereby causing wrongful loss to the homebuyers and investors,”. The investigation of the agency further revealed that a...

RERA SHOULD BE ABOLISHED - SUPREME COURT

CA Ramesh Agrawal On 12 th February 2026, the Supreme Court expressed serious dissatisfaction with the functioning of the Real Estate Regulatory Authority (RERA), indicating that the institution, should be abolished in its current form. In this regard please note: - The Hon. Supreme Court strongly criticized the current functioning & working of RERA and observed that RERA should be abolished in its existing form & there is a need to rethink the role being played by it. The Apex court urged all States to examine who is actually benefiting from RERA’s functioning. The Bench comprising of Chief Justice of India (CJI) Surya Kant and Justice Joymalya Bagchi observed that RERA is helping defaulting builders rather than effectively protecting homebuyers or fulfilling its intended objectives. The Bench emphasized that States should revisit the original purpose behind the enactment of the RERA Act. As quoted by Bar and Bench, CJI Surya Kant stated “ All States should now think of...

FIR Filed Against Builder for Alleged Fraud

CA Ramesh Agrawal An FIR has been registered by The Economic Offences Wing (EOW) of the Delhi Police against Gurugram based real estate company Experion Developers Private Limited and its related entity, Experion Capital Private Limited, following a complaint filed by the Enforcement Directorate (ED), according to an official statement. The complaint raised from the ED’s investigation into an alleged money laundering case involving Religare Finvest Limited (RFL). During the probe, the ED found that former promoters of RFL, Malvinder Mohan Singh and Shivinder Mohan Singh, allegedly diverted around Rs 2,036 crore through entities under their control. As part of this diversion, the ED alleged that Rs 150 crore from RFL was used to acquire a 27.86-acre land parcel in Sector 62, Gurugram. On 4 th February 2020, the ED attached this land, which also included a 9.1-acre portion owned by Dignity Buildcon Private Limited. During further investigation, the ED observed that the Exp...

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