1. Ask the builders about their previous constructions. Ask them with whom they were associated before getting separated. Check from their associated companies. Find out who are the directors/share holders/partners of the builders and their capital investment patterns. Net search about them,
2. Collect and preserve the brochure and paper advertisements of the builders. Collect a due diligence report about the project from a lawyer. Conduct search of the land from the registration office and also check whether there is any case pending in any Court or not. Verify the original mother deeds of the plot also from the builder. Verify the development agreement the builders have entered in to with the land owners,
3. Collect copy of the draft agreement which you shall have to enter in to with the builders and get it verified. Ensure that there is a specific time or hand over of the property and also penalty for delay in such handing over to the buyer. Get the bsaid draft agreement verified by your local lawyer,
4. Collect the copy of the sanctioned plan from the builders verify whether they complied with the plan and have obtained completion certificate or not,
5. Cancellation terms should be clearly mentioned in the agreement. If the builders donot act as per the agreed terms, you shall have to approach the Court of law for getting justice which you can not avoid.
7. The documents you are required to verify have been specified above.