Would you waive inspection on an older Mumbai country home after 41 days?

cleo_finch

Real estate agent
Founding Member
We have lost two offers on older country homes in Mumbai to buyers accepting fewer conditions. One now under consideration has been listed for 41 days and is priced at ₹99,780,000. Our agent thinks a shorter inspection window would make us more competitive, but waiving inspection entirely feels reckless.

The visible condition is decent, though the age of the property and a possible rental regulation issue concern me. Would a pre-offer inspection or a narrowly worded structural contingency be a sensible middle ground?
 
I would shorten the inspection period rather than remove it. A pre-offer inspection could work if access is allowed and there is enough time to consider the findings, not merely obtain a report. Also clarify the rental issue separately; a building inspection may not answer that. After 41 days, I would ask why the seller still expects buyers to surrender basic protection.
 
The middle ground only helps if you are genuinely prepared to absorb everything excluded from the contingency. Before narrowing it, total the emergency fund left after moving costs, the first mortgage payment, insurance excess, and any immediate repairs. I would delay furniture rather than leave no repair buffer. Are there service charges, and do you know the home’s age or maintenance history? Those facts would affect how risky a limited inspection is.
 
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