Frequently Ask Questions
Before buying a property, it is important to conduct thorough legal, financial, and physical due diligence. Verify the title deed to ensure the seller has clear ownership and check if the property is free from disputes through an encumbrance certificate available via official land records portals such as https://landrecords.gov.in. Confirm local authority approvals, building plan sanctions, and RERA registration (if applicable) through your state’s RERA website like https://www.reraindia.com. Additionally, assess location connectivity, infrastructure development, water and electricity supply, and long-term resale or rental potential before finalizing your decision.
A ready-to-move property offers immediate possession, zero construction risk, and full clarity on what you are purchasing. In contrast, under-construction properties are usually more affordable and may offer higher appreciation but involve delivery risks and waiting periods. Buyers should check project timelines and compliance on official RERA portals such as https://www.reraindia.com before investing in under-construction properties. The right choice depends on budget, urgency, and risk appetite.
Key documents required for purchasing a property include the title deed, agreement to sell, sale deed, approved building plan, occupancy certificate, completion certificate, encumbrance certificate, and latest property tax receipts. If you are applying for a home loan, banks may also require income documents and property valuation reports. Official guidelines on property registration can be reviewed at https://www.india.gov.in.
Property ownership can be verified by examining the title deed and checking land ownership details through state land record portals such as https://landrecords.gov.in. An encumbrance certificate helps confirm whether the property has any outstanding loans or legal claims. Consulting a real estate lawyer for legal due diligence is highly recommended to avoid future disputes.
Stamp duty and registration charges are government taxes paid during property registration to legally transfer ownership from the seller to the buyer. These charges vary by state and are calculated based on property value or circle rate. You can check applicable rates on official state registration portals such as https://www.igrmaharashtra.gov.in or through https://www.india.gov.in.
Carpet area refers to the actual usable space inside the property. Built-up area includes carpet area plus walls and balconies, while super built-up area includes common spaces such as staircases, lifts, and lobbies. As per RERA regulations, developers must disclose carpet area clearly, improving transparency for buyers. More clarity can be found on https://www.reraindia.com.
The right property price depends on location, infrastructure, market demand, amenities, property age, and recent transaction prices in the area. Comparing similar properties on trusted portals like https://www.99acres.com and https://www.magicbricks.com helps sellers arrive at a realistic and competitive price.
When selling a property, capital gains tax may apply. Short-term capital gains are applicable if the property is sold within a specified holding period, while long-term capital gains offer indexation benefits. Detailed tax rules can be reviewed on the official Income Tax Department website at https://www.incometax.gov.in.
Improving a property’s appeal involves basic maintenance, fresh paint in neutral colors, proper lighting, decluttering, and fixing minor issues. Professionally presented properties tend to sell faster and at better prices. Home presentation best practices are widely discussed in real estate publications such as https://housing.com/news.
Hiring a real estate agent is not mandatory, but agents can assist with pricing strategy, marketing exposure, negotiations, and legal documentation. Experienced agents also help filter serious buyers and reduce transaction delays.
A rental agreement is a legally binding contract between a landlord and tenant that defines rent amount, tenure, maintenance responsibility, security deposit, and termination clauses. Registered rental agreements offer stronger legal protection and can be executed through state registration portals available via https://www.india.gov.in.
Security deposits typically range from two to six months’ rent, depending on city norms and property type. Metropolitan cities often have higher deposits, while smaller cities tend to have lower requirements.
In most cases, tenants pay monthly maintenance charges, while landlords handle major structural repairs. However, this can vary depending on what is mentioned in the rental agreement.
A landlord cannot increase rent during the agreement period unless an escalation clause is clearly mentioned in the rental agreement. Rent revisions typically occur upon renewal of the agreement.
RERA (Real Estate Regulatory Authority) was introduced to bring transparency, accountability, and standardization to the real estate sector. It protects buyers by enforcing project registration, timely delivery, and grievance redressal mechanisms. Buyers can verify projects and lodge complaints via
An occupancy certificate confirms that a building has been constructed according to approved plans and is safe for occupation. Properties without an OC may face legal and utility connection issues. Local municipal authorities issue OCs upon project completion.
An encumbrance certificate confirms that a property is free from legal liabilities such as loans or disputes. It is a critical document during property purchase and can be obtained through state land registration offices or online portals.
Real estate is considered a stable long-term investment due to capital appreciation, rental income, and protection against inflation. Unlike volatile assets, property investments offer tangible value and consistent demand, especially in growing urban areas.
Property value appreciation depends on location, infrastructure development, transportation connectivity, demand-supply balance, neighborhood quality, and future development plans announced by government authorities.
Residential real estate offers stability and consistent demand, while commercial real estate provides higher rental yields but involves higher investment and vacancy risk. The choice depends on budget, risk tolerance, and investment goals.
