How can a real estate consultant help me?
A real estate consultant can assist with property selection, market insights, negotiations, documentation coordination, and guidance throughout the transaction process.
What is a home loan pre-approval?
A home loan pre-approval indicates the loan amount a lender may be willing to offer based on your financial profile and eligibility.
Why is a property title search important?
A title search helps verify the ownership history and identify potential legal claims, disputes, or encumbrances associated with the property.
What is stamp duty?
Stamp duty is a government charge paid on certain property transactions and legal documents. The applicable rate varies depending on the state and property details.
Can NRIs buy property in India?
Yes, NRIs and certain other eligible persons can purchase residential and commercial properties in India, subject to applicable regulations and guidelines.
What additional costs should I consider when buying a property?
Apart from the property price, buyers may need to consider stamp duty, registration charges, GST where applicable, maintenance charges, parking fees, and other applicable costs.
What is the difference between a ready-to-move and under-construction property?
A ready-to-move property is completed and generally available for possession, while an under-construction property is still being developed and may be delivered later.
How do I verify whether a project is RERA registered?
You can check the project’s registration details on the official RERA website of the respective state or union territory.
What is RERA and why is it important?
RERA stands for the Real Estate Regulatory Authority. It promotes transparency and accountability and helps protect the interests of property buyers.
What documents should I check before buying a property in India?
You should verify the title documents, sale deed, approved building plan, occupancy certificate, RERA registration, and other relevant property records before purchasing.