Check savings (down payment), stable income, debts, emergency fund, credit score.

Depends on horizon, EMI vs rent, tax, appreciation. 5+ years often favors buying.

Total EMIs typically ≤ 40–50% of net monthly income.

Budget deposit + setup costs, commute, amenities, lock-in/notice.

RERA registration increases accountability—verify project ID, promised carpet area, timelines, and escrow safeguards before booking.

Carpet = usable inside walls. Built-up = carpet + walls/balcony. Super built-up = built-up + share of common areas (lobby, stairs, etc.).

Stamp duty, registration, legal & due-diligence fees, loan processing, insurance, society membership, maintenance/security deposit, move-in costs.

Usually 10–25% of the price. Banks finance the rest based on LTV and your credit/income profile.

KYC, income proofs (salary slips/ITR), bank statements, credit report, sale agreement/allotment letter, sanctioned plan, NOC/approvals as applicable.

Under-construction: lower entry price, phased payments, timeline risk. Ready: see before you buy, faster move-in, generally higher price.

Freehold = full ownership of land/unit. Leasehold = right to use for a term; check remaining lease, ground rent, and conversion options.

Sunlight & ventilation, water pressure, network signal, noise, seepage, fire exits, parking, lift count, approach roads, nearby social infra.

Clear title, encumbrance search, approvals/sanctions, OC/CC for completed projects, society NOC, utility NOCs, property tax receipts.

A small upfront payment to reserve the unit. Take a receipt and note the refund/forfeiture policy and deadline for executing the agreement.

Agreement to Sale sets terms/conditions and payment schedule. Sale Deed transfers ownership on full/defined consideration—registered with the sub-registrar.

Owners pay annual/half-yearly property tax to the local body. Societies/associations charge monthly maintenance for common areas & services.

KYC of tenants, employment proof, references, clear rent agreement with lock-in, notice, upkeep rules, and security deposit terms.

Use recent comparable deals, yield targets (rent ÷ price), locality demand, unit condition, and add realistic negotiation room.

Check FEMA rules, use NRE/NRO accounts for payments, keep PAN ready, and understand applicable TDS/compliance at purchase/resale.

A checklist of defects to be fixed before possession: doors/windows, tiles, plumbing leaks, electrical points, paint, appliances, and fittings.