Builder Buyer Agreement
"Your final step, make it count with flawless execution."
What Is Builder Buyer Agreement?
A Builder Buyer Agreement is a foundational contract between a real estate developer and a flat/apartment purchaser for under-construction properties, governed by the Real Estate (Regulation and Development) Act 2016 (RERA). This agreement specifies the constructed area, built-up specifications, possession timeline, payment schedule linked to construction milestones, and compensation for delays. Under RERA, builders must deposit 70% of amounts received from allottees in a separate escrow account, and the agreement must comply with the model agreement prescribed by the state authority. It protects buyers from project delays and non-transparent dealings by mandating disclosure of project details and financial accountability.
Who Needs It & Legal Importance
- Buyers purchasing under-construction flats
- Builders selling upcoming projects
- Investors in new developments
- RERA compliance requirements
What If Wrongly Or Not Done?
- Homebuyer loses RERA protections and cannot claim statutory remedies for delays or defects
- Builder may alter project specifications or impose unfair terms without contractual accountability
- Dispute resolution becomes difficult without documented contractual obligations and agreed timelines
How We Do It, Step-By-Step
Why SaleDeed.com Is Better?
We don't just draft documents. We solve property problems. Here's what sets us apart from everyone else.
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We Evaluate Before We Initiate
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Your Case-Specific Procedure
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No Unnecessary Documentation
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No Negligence / No Delays
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We Answer Every Query Raised by the Government Authorities
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From the Day You Reach Us to the Day We Deliver, You Don't Need to Follow Up. We Will Follow Up with You.
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It's Done - Or Refund
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Expert Staff of Minimum 20 Years of Experience