FAQs
General Real Estate Questions
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The market is growing steadily, with a projected CAGR of 9.2% from 2023-2028, driven by urbanization and demand for residential and commercial properties.
Mumbai, Delhi-NCR, Bengaluru, Pune, and Hyderabad are top choices due to high demand and infrastructure growth.
The Real Estate (Regulation and Development) Act, 2016, ensures transparency, protects buyers, and regulates developers.
Visit the RERA website of the respective state and search using the project’s registration number.
As of 2025, prices range from ₹5,000-₹15,000 per sq. ft., depending on the city and locality.
Research, shortlist properties, verify documents, secure financing, and complete registration.
Title deed, encumbrance certificate, RERA registration, and approved building plans.
Yes, NRIs can buy residential and commercial properties, except agricultural land, with RBI guidelines.
Age (21-65), stable income, good credit score (above 700), and debt-to-income ratio below 40%.
Typically, 10-20% of the property value, depending on the lender.
A tax on property transactions, varying from 4-8% of the property value, depending on the state.
Carpet area is the usable floor space; built-up area includes walls and balconies.
About 2-3 months, including loan approval and registration.
A previously owned property; it can be cost-effective but requires thorough legal checks.
Yes, luxury sales grew 37.8% in 2024, driven by affluent buyers in metro cities.
Compare similar properties in your area or hire a professional valuer.
FAQs
Frequently Asked questions
Title deed, no-objection certificate (NOC), tax receipts, and possession certificate.
Price competitively, stage the home, and list on popular real estate portals.
No, but agents can simplify the process and connect you with buyers.
Tax on profit from selling property; short-term (held <2 years) is taxed as income, long-term at 20% with indexation.
Around 2-4% in metro cities, higher in Tier-II cities like Chandigarh or Jaipur.
Use portals like NoBroker, MagicBricks, or 99acres, or contact local agents.
Typically 11 months, renewable as per mutual agreement.
Usually 1-3 months’ rent, refundable at the end of the tenancy.
Yes, negotiation is common, especially in a competitive market.
Yes, with steady growth and government support, but risks like market fluctuations exist.
Real Estate Investment Trusts allow investment in properties without owning them; yes, they’re available (e.g., Embassy REIT).
Commercial properties often yield 6-8%, while residential yields are lower at 2-4%.
The market is expected to reach $1 trillion, driven by urbanization and smart city projects.
Yes, cities like Lucknow and Coimbatore offer affordability and growth potential.
A legal document proving ownership; it’s critical to verify clear title before buying.
Under RERA, buyers can claim compensation or exit the project with a refund.
- Only if you’re a resident Indian farmer; NRIs and non-farmers are restricted.
- A document showing if the property is free of legal or financial liabilities.
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