Frequently asked questions
Starting your property journey can be overwhelming. The best first step is to get a clear idea of your budget, including your loan eligibility. Once you have a budget, identify 2-3 preferred localities that fit your lifestyle and commute needs. Contacting us at this stage can help you get a realistic picture of what's available in your budget and save you valuable time.
This is a critical question. In Mumbai, the final cost is always higher than the agreement value. You should budget for an additional 8-10% of the property price to cover:
Stamp Duty: Currently 6% for men and 5% for women in Mumbai.
Registration Charges: 1% of the property value.
GST (Goods and Services Tax): 5% for under-construction properties. This is not applicable for ready-to-move-in flats where the Occupancy Certificate (OC) has been received.
Society Transfer Fees, Legal Fees, and other miscellaneous charges.
A Ready-to-Move property is one that has received its Occupancy Certificate (OC) and is ready for immediate possession. You see what you get, and there's no GST. An Under-Construction property is still being built. It offers better payment flexibility and potentially lower prices, but carries the risk of construction delays and has a 5% GST levy. We help you weigh the pros and cons based on your financial situation and risk appetite.
The OC is legal proof from the BMC that the building is constructed as per approved plans and is safe for habitation. Without an OC, the building is technically an illegal structure. Residing in a flat without an OC can lead to problems with water supply, and banks will not approve home loans for such properties. We are extremely diligent about ensuring all properties we recommend have a valid OC.
We determine the value through a comprehensive market analysis. This involves studying the prices of recently sold properties in your building and locality, assessing the current market demand, and evaluating the unique features of your flat (like its floor, view, and condition). Our goal is to set a competitive price that attracts genuine buyers and maximizes your return. Charges Apply*
We use a multi-pronged marketing strategy that includes:
Listing on our property portal with high-quality photographs.
Targeted promotion within our extensive network of clients and other brokers.
Utilizing social media and digital marketing channels to reach a wider audience.
Conducting professional and well-managed site visits.
Property portals are just listing platforms. We provide a start-to-finish service. We don't just find you a property; we:
Verify properties and their legal documents through legal team*
Negotiate the price and terms on your behalf.
Structure the agreement to protect your interests.
Guide you through the complex paperwork, from home loans to registration.
Save you time and prevent costly mistakes.