Builder-Buyer Agreement: 10 Clauses to Check in 2026
Builder-Buyer Agreement in 2026: 10 Clauses to Check Before Signing a Flat Purchase Agreement India | October 21, 2026 A family in Hyderabad books an apartment in an under-construction residential project. The salesperson shows them a floor plan, a sample flat and a brochure advertising a swimming pool, covered parking and possession within two years. The family pays a booking amount and receives a lengthy agreement. Everything appears routine until they read the small print. The possession clause mentions an additional grace period. The price sheet excludes several charges. The cancellation provision allows substantial deductions. The document describes the flat using a saleable-area figure without clearly explaining the usable carpet area. These terms can have significant consequences. A builder-buyer agreement, usually called an agreement for sale under the Real Estate (Regulation and Development) Act, 2016, establishes important contractual rights and obligations before the ultimat...