Banks are extremely careful about the property they plan to finance. They send an expert to visit the premises you intend to purchase. This expert could either be a bank employee or he could belong to a firm of architects or civil engineers.


The site visits to your property are conducted to verify the following:

In case of under construction property,

  • Stage of construction is the same as that mentioned in the payment notice given to you by the builder.
  • Quality of construction.
  • Satisfactory progress of work.
  • Layout of flats and area of property is within permissions granted by the governing authority.
  • The builder has the requisite certificates to start construction at the site.
  • Valuation of the property in relation to other deals in the surrounding areas.

In case of ready/resale construction,

  • External/internal maintenance of the property.
  • The age of the building.
  • Will the building last the loan tenure? This has a direct bearing on your loan eligibility, since the loan tenure will be restricted to the maximum age of the property as decided by the bank’s engineer and this will impact your loan eligibility.
  • Quality of construction.
  • Surrounding area (development.)
  • Whether the builder has received the requisite certificates for handing over possession of the flat.
  • There is no existing lien or mortgage on the property.
  • Valuation of the property in relation to other deals in the surrounding areas.
  • These inspections are carried out to protect consumer interests in terms of construction quality, adherence to local laws, approved building plans, etc. A technical inspection also lets the bank understand the progress of construction so as to release the staggered disbursements.


  • Do not circumvent or skip this stage and ensure that it is completed as early as possible. As a buyer, it gives you confidence that your property has been inspected by experts and that you are buying an asset that is legally clear and technically sound. The fee for this service, like the legal check, may either be built into your upfront fee or be charged separately by the Bank