Frequently Asked Questions

It is advisible to cross check the following list of documents before booking a property.

a) Approved plans from the appropriate authority are in place.
b) Make sure all other permissions from various authorities (Utility Companies, Environment Clearance, Airport Authority, etc.) are in place.
c) Verify the supporting documents if any for the land title to make sure the land is clear and there is no disputes/litigation.
d) Confirm Builder has the Intimation of Disapproval (IOD) and Commencement Certificate (CC) to start construction.
e) Evaluated the sale agreement by an Advocate. Make sure the possession date promised by the Buildier and the penalty clause if Builder does not deliver as agreed is mantioned clearly in your sale agreement.
e) Check and negotiate the payment schedule with the Builder as per your convience.
e) Please do not book in Pre-launch without executing and registering the agreement.

Yes, the stamp duty on the gift deed varies from 5% to 12% from one state to another state. In few states like Haryana, Rajasthan and Delhi, 1 to 2 per cent concession is given to female transferors.

Yes. Comparing projects based on location, price, apartment size, amenities, connectivity, developer reputation, and future appreciation helps you make an informed buying decision.

Yes. Property site visits arranged through Liyaans Properties are completely free. Our experts will guide you through the project, amenities, floor plans, pricing, and location advantages.

You can schedule a site visit by submitting an enquiry through our website or contacting our property experts. We will arrange a convenient time to help you explore the project and answer your questions.

A ready-to-move property is available for immediate possession, while an under-construction property is still being built. Ready properties eliminate waiting time, whereas under-construction projects may offer better pricing and future value.

Yes. Under-construction properties often offer lower prices and better long-term appreciation than ready-to-move properties. Before booking, check the developer's reputation, construction progress, and expected possession date.

Popular locations include New Town, Rajarhat, EM Bypass, Tollygunge, New Alipore, Garia, Joka, Madhyamgram, and Howrah. The best location depends on your budget, lifestyle, workplace, and investment goals.

Choosing the right property depends on your budget, preferred location, connectivity, builder reputation, amenities, and future appreciation. Compare multiple residential projects before making a final decision and always verify the project's legal approvals.

The loan amount depends on factors such as your monthly income, repayment capacity, credit score, existing financial obligations, and the property's value. Most banks finance a significant portion of the property's cost.

Yes. Most residential projects are eligible for home loans from leading banks and financial institutions. Loan approval depends on your income, credit profile, and the lender's eligibility criteria.

Usually, all major Banks provide home loans up to 60 times of your monthly net income. Home loan eligibility clariteria depends upon various factors. The main documents required to avail a home loan are:

a) Stability of income / Income proof.
b) Profession or nature of business
c) Age of the loan seeker
d) Credit score
e) Attributes of the property
f) Your relation with the Bank & the Company you work in.

Yes, you can sell your property even if there is outstanding home loan amount. But you have to follow the process below.

a) Obtain an NOC from the Bank for your loan foreclosure.
b) Pay the foreclosure amount to the Bank from where you had taken the home loan and obtain your property documents.
c) Hand over your property documents to the buyer once the registration is complete.

Stamp duty and registration charges are government fees paid when registering a property. These charges vary by state, property value, and buyer category, and are mandatory for legal ownership.

RERA (Real Estate Regulatory Authority) protects homebuyers by promoting transparency and accountability in the real estate sector. Buying a RERA-registered project provides greater confidence regarding project details and delivery timelines.

Before buying a property, verify the title deed, approved building plan, RERA registration, sale agreement, land ownership documents, and other legal approvals. These documents help ensure a safe and transparent property purchase.

Same documents as above would need to be verified for checking project approvals. Confirm approved plans, other approvals such as environmental clearances are important and NOC from utility companies. Title Search must be carried out at the Sub Registrar’s office to verify title and ascertain encumbrances, if any.

If the house is held for less than three years prior to its sale, it is termed as a short-term capital asset and any gain arising from the sale is treated as a short-term Capital Gain. There are no tax exemptions for short-term Capital Gains and one needs to pay it according to the applicable tax slab.

However, if the property is sold after holding it for more than three years, it is treated as a long-term capital asset and the gain arising from it is treated as long-term Capital Gain. Such gains attract a flat Tax exemption rate of 20%.

You must take into account the current state of the real estate market and especially local market conditions. The real estate market continually changes, and the market fluctuations affect property values. So it is critical to determine your listing price based on the most recent comparable sales in your neighborhood.

It would be a good idea to get a Comparable Market Analysis (CMA) from a real estate expert.