What are the most important things to check before buying a property in India?

Location, builder reputation, RERA registration, and legal documents like the title deed and encumbrance certificate (EC), as well as hidden costs, are some important things to consider before buying a property.

Which documents are required when buying a house?

You will need the sale deed, title deed, encumbrance certificate, RERA registration details, an NOC from the society, and building approvals.

How do I verify if a property is legally approved?

Check the property’s RERA registration online, verify municipal approvals, and get the title deed reviewed/verified by a lawyer.

What are the hidden costs of buying a house in India?

Common hidden costs include stamp duty, registration charges, GST for under-construction properties, club membership, parking charges, and maintenance deposits.

Is it better to buy an under-construction or ready-to-move property?

Both can be good options. Under-construction properties may offer lower entry costs and better appreciation potential, while ready-to-move flats provide immediate possession and typically involve lower risk.

How do I know if a builder is reliable before buying a flat?

Check the builder’s past delivery timelines, look for RERA complaints, assess financial stability, and speak with current residents or buyers from the builder’s previous projects.

What financial factors should I consider before purchasing a property?

Consider your loan eligibility, CIBIL score, EMI-to-income ratio, applicable subsidies, and available tax benefits.

Is Vastu important when buying a house in India?

It depends on personal belief. However, since many buyers prefer Vastu-compliant homes, it can influence resale demand and property value.