The best property type depends on your investment goals. Flats are great for rental income, plots offer long-term appreciation, and villas provide luxurious living or high-value resale. Each has its own benefits, so it’s essential to consider your budget and the location.
You should verify the title deed, encumbrance certificate, approved building plan, NOC from the builder, sale agreement, and occupancy/completion certificate. It's important to ensure the property is free from legal disputes.
In addition to the property price, buyers should be aware of stamp duty, registration fees, maintenance charges, and legal fees. Additionally, GST might apply to under-construction properties.
Under-construction properties often have lower prices and potential for higher returns but carry a risk of delays. Ready-to-move-in properties offer immediate possession and no construction delay risk, but they usually come at a higher price.
Key factors include location, market trends, developer reputation, infrastructure development, and long-term potential for appreciation. Ensure that you have a clear idea of your investment horizon and financial goals.
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