HOMEBUYING CHECKLIST
Bengaluru entrepreneur shares 5 things to check before buying your first property. ‘These can be dealbreakers if missed’
Navigating first-time property acquisition demands rigorous due diligence to mitigate high-stakes real estate risks. Before finalizing a land purchase, buyers must evaluate critical zoning laws, non-buildable setback requirements, and legal encumbrances to ensure optimal land utilization. Highlighted by Bengaluru entrepreneur Nirupa Shankar, assessing front road access dimensions, high-voltage utility corridors, stormwater drainage buffers, ecological proximity limits, and historic right-of-way pathways serves as an essential preliminary checklist for prospective real estate investors.
How much of your salary should go towards your home loan EMI?
Homebuyers should assess their monthly surplus before applying for a home loan. An affordable EMI fits comfortably after essential expenses and savings. Lenders assess repayment capacity, but your budget dictates the actual limit. Use an EMI calculator to test loan amounts and tenures for affordability. This ensures your EMI aligns with your financial goals and cash flow.
Buying a house in a big gated society? Check these 4 key things before your dream home turns into a nightmare
India’s cities cannot accommodate their rapidly growing urban populations without greater density. The trend towards large residential projects is expected to strengthen further. Density is not the trap. The trap is density without adequate infrastructure, professional management and an honest accounting of what it will cost to live there. Water shortages, elevator breakdowns and rising maintenance bills—the reality of what happens after you move into a mega gated society.
UP RERA new advisory: 6 key checks homebuyers should do before purchasing property
The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has issued a crucial advisory for homebuyers, detailing six essential checks before purchasing property. These include verifying land titles, sanctioned maps, inventory details, project bank accounts, quarterly progress reports, and builder complaint history to ensure transparency and prevent fraud.
Tamil Nadu RERA fixes a crucial gap, mandates a three-bank-account regime from January 1, 2026; know how homebuyers will benefit
Tamil Nadu RERA introduces a vital three-bank-account rule for real estate projects starting January 1, 2026. This system ensures homebuyers' money is strictly managed. Funds will be segregated into collection, separate, and transaction accounts. Builders must meet strict conditions for withdrawals, enhancing transparency and safeguarding investments. This move aims to prevent fund diversion and ensure project completion.
T&T’s Atlas records ₹300 crore in early sales in Raj Nagar Extension
Atlas by T&T Group has achieved remarkable success in Raj Nagar Extension, recording ₹300 crore in sales shortly after its launch. The project's unique Victorian-inspired design, featuring a Mini Forest and aerial swimming pool, has resonated with buyers seeking aspirational living beyond affordability, signaling a new chapter for the micro-market.
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13 property-related documents you must check to be safe from legal nightmares
Purchasing a property can lead to legal nightmares if crucial documents are overlooked. Co-owners can face tax notices and municipal liabilities even without personal gain. Verifying title deeds, occupancy certificates, and tax payments is essential to avoid disputes, demolition, or financial exposure.
Father dies after falling from overcrowded train, Railways denies compensation; wife and son file case in Supreme Court and wins Rs 8 lakh
A father tragically died after falling from an overcrowded train to Ujjain. The Railways initially denied compensation, citing a lack of ticket. However, the Supreme Court has now directed the Railways to pay Rs 8 lakh to the man's wife and son. This landmark ruling emphasizes that technicalities should not prevent legitimate claims under welfare legislation.
Home dreams collapsed for these home-buyers: Here are 10 must-do checks before you buy a house to avoid same fate
From stalled projects to missing approvals, homebuyers across India are learning the hard way that the dream of ownership can quickly turn into a nightmare. The Real Estate (Regulation and Development) Act (RERA), introduced in 2016, promised transparency and protection. But nearly a decade later, uneven enforcement and regulatory loopholes mean buyers remain vulnerable.
Homebuyer’s Checklist: 5 things a homebuyer must follow before investing in a new property
NoBroker’s recently released ‘Half Yearly Report’ revealed that 72% of the tenants are currently considering a property purchase. This also makes residential real estate investment a great investment decision. No doubt then that 76% of Indians also consider property purchase as their best available investment alternative. While these trends are perfect, it’s important to get everything right before you take the plunge.
Now might be a good time to buy a house. Here is a 7-point homebuyer’s checklist for 2022
The property market is buzzing with activity. Here’s what buyers must keep in mind when they book their house.
All about home loans: How to apply for, calculate cost, switch and pre-close
Before you start the home loan process, determine your total eligibility, which will mainly depend on your repaying capacity.
Under-construction real estate now attractive. 9 things home buyers should check
Under-construction flats cost you much less than ready ones, but they are also riskier and more complicated.
GST, RERA to benefit listed real estate companies. Here are 2 stocks to bet on
Mid cap companies are quoting at reasonable valuations. In addition to strong real estate developers, companies that are into construction of buildings will also benefit from the expected shift to the organised sector.
How to check the construction quality of your house
Section 14 of the Real Estate (Regulation and Development) Act, 2016, clearly lays down that it is the promoter’s responsibility to rectify any structural defect within a period of five years. Here is a checklist for homebuyers.
Dream home beyond budget? Buy starter home, save on rent, shift to larger unit later: Here's how
Start with a small, affordable unit, which can be swapped for a bigger house later.
Indians are increasingly renting cars instead of buying. But does it really suit you?
The car subscription model, with its flexibility, is changing urban India. But it might not be for everyone.
35 Jaypee Town Homes villas set for handover, Kosmos towers next
According to the officials, the realtor had applied for completion for the 35 villas located in Town Home project a week ago.
Major anti- encroachment drives: Apartments by the lakes could be a bad deal
Unfortunately the idea of owning a home by a lake could potentially turn into a nightmare if enough caution is not taken.
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