Top Mistakes to Avoid When Buying Property in Chembur

1. Ignoring Compliance with RERA

Investing in a project that isn’t RERA-registered is among the worst errors. RERA compliance guarantees the following in Chembur, where numerous redevelopment and fresh launch projects are imminent:

• Openness regarding delivery schedules
• Legal defence
• Trustworthy project information

Before continuing, always confirm the RERA registration number.

2. Not looking into the developer’s history

The number of small and mid-sized developers in Chembur has increased. Not all have a track record of success, even though many have appealing rates.

Look for:

• Previous project delivery schedules
• Quality of construction
• Client testimonials

There will be fewer surprises when you work with a reputable developer.

3. Ignoring Extra Expenses

Many purchasers just consider the base price of a home, neglecting to include in:

• Registration and stamp duty (5–6%)
• Parking fees
• Retainer deposits
• GST (for projects that are still under construction)

These may raise the overall cost by 10% to 15%.

4. Undervaluing Location’s Significance in Chembur

Micro-locations are important, and Chembur is large. For instance:

• The motorway and future metro lines are closer to Chembur East.
• There is more open space and calmer neighbourhoods in Chembur West.

Don’t generalise; every pocket has a unique atmosphere, cost, and room for expansion.

5. Purchasing Without Verifying Infrastructure Development

Even though Chembur’s infrastructure, such as the subway, monorail, and widened roads, is fast improving, other projects promise future connectivity that isn’t currently available.

Make sure:

• Infrastructure is being built, not merely “proposed.”
• The builder is not overstating the advantages of the future.

6. Ignoring Document Verification and Legal

Every document, including title clearances and society NOCs, needs to be validated. Future legal problems may arise in redeveloped buildings, particularly if approvals are missing.

To protect your investment, work with a reputable real estate expert like Upgrade Realty or hire an attorney.

Conclusion

For investors and homebuyers, Chembur offers fantastic opportunities, but only if you make wise purchasing decisions. To ensure your purchase is safe, successful, and stress-free, steer clear of these common mistakes.

Chembur real estate is our speciality at Upgrade Realty, and we help you at every stage, from shortlisting to possession.
Considering purchasing Chembur? Let’s do it correctly.