GENERAL QUESTIONS

Location, developer reputation, amenities, property size, construction quality, legal clearances, and proximity to schools, hospitals, and public transport are crucial factors.
  • Carpet Area: Usable floor area within the walls of the apartment.

  • Built-up Area: Carpet area plus the thickness of walls and balcony space.

  • Super Built-up Area: Built-up area plus a proportionate share of common areas like lobbies and staircases.
A ready-to-move-in flat provides immediate possession, avoids construction delays, and comes with clear costs, whereas an under-construction property is typically cheaper, offers flexible payment options, but carries the risk of delays.
Essential documents to verify include the sale deed, title deed, RERA registration, building plan approval, no-objection certificates (NOCs) from authorities, the encumbrance certificate, and property tax receipts to ensure legal and financial clarity.
Investing in an apartment is a good idea if it’s in a growing location with potential for property value appreciation and can provide rental income, making it a valuable asset for both short-term and long-term returns.

OTHER QUESTIONS

To ensure a property is legally clear, engage a legal expert to examine property documents, including the title deed and approvals, and verify its RERA registration to avoid disputes or risks.
Financing options include home loans from banks and financial institutions; comparing interest rates, repayment tenures, and associated charges is essential to find the most suitable lender for your needs.
The total cost includes the property price, registration charges, stamp duty, GST, maintenance deposits, and additional charges for parking or amenities, which should be considered to avoid unexpected expenses.
Homebuyers can avail of tax benefits such as deductions on home loan interest under Section 24(b) and principal repayment under Section 80C of the Income Tax Act, helping to reduce the overall financial burden.
Real estate investments involve risks like market fluctuations, construction delays, legal disputes, or dealing with unreliable developers, which can be mitigated through thorough research and expert consultation.