A purchase agreement is a legal contract outlining the terms and conditions of a property sale. For Goel Ganga Developments, it ensures clarity and protection for both buyers and the company. Key elements include identification of parties, detailed property descriptions, purchase price, and payment terms. It also covers contingencies like financing and inspections, closing dates, and possession details. The agreement includes earnest money provisions, warranties, default consequences, and dispute resolution methods. By clearly defining these aspects, Goel Ganga Developments ensures a smooth transaction process and reinforces trust with its customers.