Certainant

Real Estate FAQs

We understand that you would have lot of questions on a property, the purchase process and the benefits of your investment. Hence we have tried to put together a list of key questions here to help you make a purchase.

At Certainant, we believe in transparency in every task and transaction. In case you have some questions that are not answered here get in touch with us and we would be glad to assist you.

Ascertain the purpose for purchase ?

First step is for you to decide on the purpose of your purchase. Is it for investment, self-residence or income? There are several factors that have to be considered based on your purpose. The following in varying degree play an important role in your decision.

Price
Location
Quality
Size of accommodation
Amenities
Conveyance

So weigh each of these factors and then take your decision.

Estimate the appreciation

Take into consideration the appreciation potential of the property. This can be greatly estimated by finding out the development projects in the vicinity of a property.

Check the property documents

Do some prima facie validation yourself and get a legal counsel to do a detailed study of the documentation as this may require some due diligence study by an expert.

Back to the drawing board – Check the plans

Several drawings will be used in a construction some of which are listed here. Request them, grab a pencil and go back to your drawing board.

Master Plan of the building on the lot
Floor Plan of the proposed property
Elevations for your property
Stairways, Elevators and other

Registration fee

Take into consideration the Stamp duty that has to be paid to the registrar office while you are allocating the budget. Stamp duty is a fixed fee though will vary from state to state.

Save time by using professionals property brokers

A mortgage broker can take a lot of the stress out of the home buying process. They’ll be able to do a lot of the leg work for you and help you understand exactly what is required throughout the home buying journey.

Think long-term

For most people a home is much more than a place to live, it's a long-term investment. This is your opportunity to find a home that's not only good value upfront, but holds its value over time. Your decisions at this stage will have important consequences for your future, so you want to get it right.

Enquire when you will get the possession of your home

It is also important to know if you are allowed to sublet and the situation of the rental market in that area.