FAQ's

Buying a Property

Frequently Asked Questions

Before buying a property, verify the ownership documents, title history, approved building plan, RERA registration where applicable, completion or occupancy certificate, property tax receipts, utility dues, carpet area, property condition, and any existing loans or disputes.

Carpet area is the usable area inside the property.

Built-up area includes the carpet area, internal walls, balconies and covered spaces.

Super built-up area includes the built-up area along with a proportionate share of common areas such as corridors, lifts, lobbies and clubhouses.

A ready-to-move property offers immediate possession and allows you to inspect the actual property before purchasing.

An under-construction property may offer a lower entry price and flexible payment plans, but it may involve construction delays and approval risks.

A new property may offer modern amenities, new fittings and flexible payment plans.

A resale property may offer immediate possession, an established neighbourhood and better scope for negotiation.

The right choice depends on your budget, location preference and timeline.

The token amount depends on the property value and the terms agreed between the buyer and seller.

The amount, payment timeline, refund conditions and forfeiture terms should always be recorded in writing before payment.

Yes. Negotiation depends on the seller's urgency, property condition, market demand, comparable transactions, payment schedule and availability of similar properties.

Compare the asking price with recent transactions, similar properties in the area, rental income, condition of the property, floor, road width, parking, building age and location advantages.

Online listing prices should not be treated as confirmed market prices.

Apart from the property price, buyers should consider:

  • Stamp duty
  • Registration charges
  • Brokerage
  • Legal verification fees
  • Home loan charges
  • Maintenance deposit
  • Parking or club charges
  • Renovation expenses
  • GST, where applicable
  • TDS compliance
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