Please reach us on chat, if you cannot find an answer to your question.
When buying a dream home, the total budget is more than the base price. You must include:
1. Base Price Add-ons – Floor rise charges, Preferred Location Charges (PLC).
2. Government Costs – Stamp duty (5–7%), registration fee (1%), GST (for under-construction).
3. Loan Costs – Processing fee, legal charges, insurance.
4. Builder/Society Fees – Maintenance deposit, corpus fund, clubhouse fee.
5. Utility Setup – Electricity, water, gas connections.
6. Interiors – Kitchen, wardrobes, furniture, appliances.
7. Miscellaneous – Moving costs, small renovations.
Tip: Plan for 10–15% extra above the base price to cover these costs and avoid last-minute surprises.
Ready-to-move-in homes let you inspect the actual property, avoid construction delays, and save on rent, but they often cost more and have limited customization options.
Under-construction properties are usually cheaper with modern designs and payment flexibility, but carry risks of delays, market changes, and uncertainty in final quality.
Tip: Choose based on your budget, urgency to move, and risk tolerance.
Home loans come in fixed-rate (interest stays the same) and floating-rate (changes with market rates) options, along with specialized schemes like step-up EMIs, balance transfers, and government-subsidized loans under PMAY. In India, interest rates typically range from 8%–9.5% depending on your credit score, loan amount, tenure, and lender policies.
Tip: Compare multiple banks, factor in processing fees, and choose a loan that balances affordability with flexibility.
Good public transport options — like buses, metro, suburban trains, and shared cabs — improve daily commute convenience, reduce travel costs, and boost property value. Always check proximity to stops, service frequency, and future transport projects before finalizing a home.
In India, most lenders finance up to 75–90% of a property’s value, meaning you’ll need a 10–25% down payment from your own funds. The exact amount depends on the property price, loan eligibility, and lender policies. A higher down payment can lower EMIs and total interest.
Monthly maintenance charges cover upkeep of common areas, security, utilities, and amenities. Costs vary by property size, location, and facilities, typically ranging from a few hundred to several thousand rupees. Check what’s included and how charges may increase over time.
A well-connected location with nearby schools, hospitals, workplaces, and markets saves time, reduces travel stress, and enhances daily convenience. It also improves long-term property value and rental demand. Always assess travel time and accessibility before buying.
Future development potential depends on upcoming infrastructure projects, commercial hubs, and civic improvements. Areas with planned roads, metro lines, malls, or business parks often see faster property value growth and better rental prospects. Research government plans and local real estate trends before investing.
A safe, family-friendly neighborhood should have low crime rates, good lighting, secure entry points, and community amenities like parks, schools, and healthcare nearby. Visiting at different times of day and speaking with residents can help assess safety and livability.
Peak-hour traffic can greatly affect daily routines, fuel costs, and work-life balance. Check actual commute times to key destinations during rush hours, and consider alternate routes or public transport options before finalizing a property.
Peak-hour traffic can greatly affect daily routines, fuel costs, and work-life balance. Check actual commute times to key destinations during rush hours, and consider alternate routes or public transport options before finalizing a property.
Adequate ventilation and natural light improve comfort, reduce electricity usage, and support better health. Inspect room orientation, window placement, and surrounding buildings to ensure the home gets fresh air and sunlight throughout the day.
The quality and durability of construction materials affect a home’s safety, lifespan, and maintenance costs. Check the builder’s specifications for cement grade, steel quality, brick type, and finishes, and consider third-party inspections for assurance.
Some builders allow interior customization before possession, such as choosing finishes, layouts, or fittings, often at an extra cost. Confirm customization options, timelines, and any impact on delivery before making changes.
Adequate parking ensures convenience, safety, and adds property value. Check if the space is covered or open, assigned or shared, and whether there’s provision for guest parking before finalizing the deal.
RERA registration (in India) or local authority approval ensures the project is legally compliant, transparent, and protects buyers from fraud. Verify the RERA number or approval documents before making any payment.
A clear land title and valid permits ensure the builder has legal ownership and the right to develop the property. Always verify title deeds, zoning approvals, and building permits to avoid future disputes.
Pending legal disputes can delay possession, affect property value, or even void ownership. Conduct a thorough legal check through a lawyer or request a no-litigation certificate from the builder before proceeding.
A completion or occupancy certificate confirms the property was built as per approved plans and is safe for living. Without it, you may face legal issues, utility connection delays, or problems during resale. Always verify before purchase.
The agreement should clearly list all promised amenities, installed fixtures, and applicable warranties to avoid disputes later. Review the document carefully and ensure all verbal commitments are included in writing.
Check which amenities are included, such as a gym, swimming pool, clubhouse, or parks, and whether access is free or requires extra fees. Well-maintained amenities enhance lifestyle and can boost property value.
Reliable water supply and power backup are essential for daily comfort. Check if the property has 24/7 water availability, storage tanks, and generators or inverters to handle outages without disruption.
Proper security includes gated entry, CCTV surveillance, trained guards, and visitor management systems. Strong security measures enhance safety, peace of mind, and property value.
A pet-friendly society allows residents to keep pets and may have designated play areas or walking spaces. Check society rules, restrictions on pet types or sizes, and any additional maintenance guidelines.
Property value appreciation depends on location, infrastructure growth, demand-supply trends, and overall market conditions. Research past price trends and upcoming developments to estimate future returns before investing.
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.