FAQ

FAQ

Frequently Asked Questions

What is the first step of the home buying process?

Getting pre-approved for a loan is the first step of the home buying process. Getting a pre-approval letter from a lender get you in the right direction.

Is Renting or Buying Better?

It depends on circumstances you live in. If your rent amount is almost comes equal to the home EMI, you are supposed to buy a home. 

How long does it take to buy a Property?

Once a property is selected and the offer is accepted, the average time to complete the process period on a property is 30 to 45 days (under normal market conditions). but cautious property buyers who pay cash have been studied to purchase properties quicker than that.

What Do I Look for in Homes?

Perspective of looking in homes is different for every individual, This may be the location, locality, amenities, vastu, design, interior or the quality of construction etc. 

How much do I have to pay to help me buy a house?

We do not take commission on fresh property sales. In case if the property is on resale then only we may charge 1% of the property value.   

How much do I require for a down payment?

Often it is 10% however it also depends on type of property and the owner. It could be 10% to 20% or more. 

What is the fundamental procedure of home loan & eligibility criteria?

Home loan eligibility depends upon

  • Stability of financial gain
  • Profession or nature of business
  • Age of the loan seeker
  • Credit score
  • Attributes of the property
  • Your relation with the bank &
  • Company you’re employed in.

Usually, all banks offer home loans up to sixty times of your monthly income.

WHAT IS SUPER BUILDUP, BUILD UP AND CARPET AREA?

Carpet area is that the area wherever we are able to unfold a carpet, means that space calculated from inner wall to wall distance within the house. build up area is that the carpet area and the thickness of outer walls and also the balcony. Super build up area is that the build up area and proportionate space of common areas like the lobby, lifts shaft, stairs, etc. generally it’s going to additionally embody the common areas such, natatorium, garden, clubhouse, etc.

Can I Ask You for Advice?

Anytime, we are always here to help you out via mail or call.

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