When you collect quotes from builders, it's tempting to compare just the bottom line. But two quotes that look similar can lead to very different houses, and very different final bills. Here's what to check before you sign anything.
1. Is it itemised?
A good quote comes with a BOQ (bill of quantities) listing each item of work, its quantity and specification. A one-page lump sum leaves room for arguments later.
2. Are brands and grades named?
"Good quality steel" means nothing. Look for the brand and grade, for example the steel grade (Fe 500 or Fe 550D) and the cement type. The same goes for tiles, sanitaryware, wiring and paint.
3. What's left out?
Ask for a written list of exclusions. Compound wall, sump, septic tank, borewell, stilt parking, lift, elevation work and government fees are often outside the main quote.
4. How is the area measured?
Builders measure built-up area differently. Ask whether balconies, the staircase headroom, sunshades and the parking floor are counted, and at what rate.
5. Is the payment schedule tied to stages?
Payments should follow completed work, for example foundation, each slab, brickwork and finishing. Be wary of large advances before work starts.
6. Is there a handover date?
The agreement should give a completion date, and say what happens if it's missed. Delay compensation in writing is a good sign that the builder plans properly.
7. How are changes handled?
You'll probably change something along the way. The agreement should explain how changes are priced and approved, in writing, before the work is done.
8. Who supervises the site?
Ask who will be on site day to day, and whether they're a qualified engineer. Ask how often you'll get updates and what they'll include.
9. What does the warranty cover?
Look for a structural warranty, usually several years, and separate cover for waterproofing, plumbing and electrical. It should be in the agreement, not just mentioned in a meeting.
10. Who handles approvals and utilities?
Check who applies for building permission, and who arranges water and electricity for construction. These small things cause big delays when nobody owns them.