Common questions about Maynaa's property due diligence process, verification scope, turnaround time, and multi-property options.
When should property due diligence be conducted?
Property due diligence should ideally begin at the initial stage of your property search. Conducting early verification helps you shortlist legally compliant and risk-free properties, saving time, effort, and potential financial loss.
Do RERA-registered projects require verification?
Yes, verification is still essential. While RERA registration ensures a certain level of regulatory compliance, it does not involve in-depth due diligence or authentication of all documents, approvals, and permissions. There have been instances where projects were registered with inaccurate or misleading information. Therefore, RERA registration does not guarantee that a property is completely risk-free.
Is due diligence necessary for projects by reputed builders?
Absolutely. Relying solely on a builder's reputation, brand, or market presence can be risky. Property frauds, project delays, construction halts, and post-possession issues are increasingly common, even with well-known developers. When investing a significant amount, it is prudent to independently verify all legal and technical aspects.
If a bank is providing a loan, is independent due diligence still required?
Yes, independent due diligence is strongly recommended. Banks primarily assess the borrower's financial credibility and may not conduct exhaustive legal verification of the property. In some cases, banks have financed litigated or high-risk properties. Additionally, banks do not assume responsibility if a project is delayed or stalled, and the borrower remains liable for loan repayment.
What is the turnaround time (ETA) for a property due diligence report?
The report is typically delivered within 3 to 5 working days, depending on the complexity of the case.
Are the property services provided by Maynaa.com trustworthy?
Yes. Maynaa.com, powered by NestWise Consulting LLP, is managed by a team of legal professionals. Our reports are entirely fact-based and derived from thorough research, not assumptions.
We conduct 35+ comprehensive checks, including:
- Verification of document authenticity
- Title and ownership validation
- Builder track record assessment
- Commencement Certificate and approval verification
- Layout and floor plan approvals
- Authority-specific permissions
- Analysis of existing connectivity and proposed infrastructure
Are there any packages or discounts for evaluating multiple properties?
Yes, we offer flexible packages tailored to buyers' needs.
Premium Package
Allows you to evaluate multiple properties and shortlist up to three properties for due diligence.
Includes added benefits such as:
- Lifetime free legal consultation for the selected property
- Post-possession home inspection
- Complimentary agreement review by experts
Standard Pricing
- First due diligence request: ₹5,500
- Every later due diligence request: 35% off automatically
We also offer customized packages based on individual requirements. Please refer to our home page or services for more details.