When you decide to sell a resale property, you’re probably thinking about the profit you’ll make. But before you celebrate, there's something important you need to consider — capital gains tax. This tax can reduce the amount you actually take home from the sale, so it’s important to understand how it works. Don’t worry! In this blog, we’ll explain capital gains tax in the simplest way...
Finance
Buying a resale property in India can be an exciting journey. Whether you’re a first-time homebuyer or looking for a second investment, resale properties offer ready possession, established neighborhoods, and often, lower prices compared to new projects. However, securing the right financing is crucial to make your purchase smooth and stress-free. In this blog, we’ll explore the top financing options...
When it comes to investing in real estate, understanding the difference between freehold and leasehold properties is crucial. These two types of ownership have distinct implications—financially, legally, and practically. Whether you're a first-time homebuyer or a seasoned investor, knowing the pros and cons of freehold and leasehold properties can help you make an informed decision. Let’s break...
Buying a resale property is an exciting milestone. However, before you pop the champagne, there’s one thing you can’t overlook — the stamp duty and registration charges for resale Properties. These charges can significantly impact your total investment, so understanding them is crucial. In this blog, we’ll break down what stamp duty and registration charges are, how they are calculated, and...
How to sell resale flat fast Looking to sell your resale flat fast in India? You’re not alone. Whether you're upgrading, relocating, or just want to close the deal quickly, selling a resale flat can feel like a long process—but it doesn’t have to be. With the right strategy, you can attract serious buyers and sell your flat quickly without slashing the price or stressing out. Here are...
Buying a resale flat in India is a smart investment, but it comes with legal complexities. Unlike a new property, a resale flat requires thorough document verification to ensure a smooth transaction. Overlooking essential paperwork can lead to ownership disputes, financial burdens, or legal troubles. That’s why having a property document checklist is crucial. This guide will walk you through the key...
Resale Flat Ownership Transfer When it comes to buying a pre-owned property, the process isn't just about signing papers and exchanging money — there’s an essential legal procedure involved called resale property ownership transfer. If you’re planning to buy or sell a resale property in India, you need to understand the step-by-step process of transferring ownership legally and smoothly. Why...
Investing in real estate is a significant financial decision, and resale properties offer an attractive option for many buyers. Not only can they be more affordable than new constructions, but they also come with distinct tax benefits that can help you save money. Whether you're buying or selling a resale property, understanding the tax advantages can make a big difference in your financial...
Buying a home is a huge milestone, but let’s be honest—it can also feel overwhelming, especially when it comes to financing. If you're considering a resale house, you might be wondering, "Can I get a home loan for it? What’s the process like? Is it any different from buying a brand-new house?" Good news—getting a home loan for resale house is totally possible, and in many cases, it’s...
Thinking of buying a resale property? It’s a great option, especially if you want to avoid the long waiting periods that come with new projects. But before you dive in, it's important to understand RERA rules for resale properties and how they impact your purchase. The Real Estate (Regulation and Development) Act (RERA) was introduced in 2016 to bring transparency and fairness to the real estate...