Frequently Asked Questions

Understanding these three area terminologies helps you accurately compare property value across Gurgaon:

• Carpet Area: The actual usable floor space within the inner walls where you can lay a carpet.
• Built-up Area: Carpet area plus the thickness of inner/outer walls and exclusive balcony/utility space. (Usually 10-15% higher than carpet area).
• Super Built-up Area: Built-up area plus a proportionate share of common amenities (lifts, staircases, lobbies, clubhouse, corridors). Usually 20% to 35% higher than carpet area.

Before issuing any token amount or signing agreements, verify the following critical legal documents:

• Haryana RERA Registration Certificate: Verify the approved HRERA license number online.
• Clear Title Deed & Non-Encumbrance Certificate: Ensuring land ownership is unencumbered and free of legal disputes.
• DTCP Sanctioned Building Plans: Ensuring the floor layout and total towers comply with Town & Country Planning approvals.
• Statutory NOCs: Fire safety, Airport Authority of India (height clearance), and State Environmental Impact Assessment.
• Occupancy Certificate (OC) / Completion Certificate: Mandatory for ready-to-move projects prior to possession.

When purchasing property in Gurugram, Haryana, the following government levies apply:

• Stamp Duty: 7% for male buyers, 5% for female buyers, and 6% for joint ownership (male + female) in municipal corporation areas.
• Registration Fee: Tiered government slab (maximum ₹50,000 in Haryana).
• GST (Goods and Services Tax): 5% on standard under-construction residential properties (1% for affordable housing). 0% GST applies on ready-to-move properties with an Occupancy Certificate (OC).

Under the Registration Act 1908 and Section 13 of the RERA Act 2016, no promoter can accept a sum greater than 10% of the apartment cost without entering into a registered agreement for sale. Registration establishes permanent public title, protects buyer rights in judicial courts, and prevents any unauthorized resale of the unit.

The Real Estate (Regulation and Development) Act, 2016 provides comprehensive legal safeguards:

• 70% Escrow Account: Builders must deposit 70% of collections into a dedicated project bank account used strictly for land and construction costs.
• 5-Year Defect Liability: The developer is legally obligated to rectify any structural defect or poor workmanship free of charge within 30 days for 5 years post-possession.
• Timely Delivery Penalties: In case of delay, buyers have the statutory right to claim monthly interest compensation at SBI MCLR + 2%.
• Zero False Advertising: Promoters cannot alter sanctioned layouts or amenities without obtaining consent from 2/3rds of buyers.

You can verify any project in Gurugram in 3 easy steps:
1. Visit the Haryana Real Estate Regulatory Authority portal at haryanarera.gov.in (Gurugram Bench).
2. Go to "Projects" → "Registered Projects".
3. Enter the Project Name or HRERA Registration Number to download approved layout blueprints, quarterly progress reports, and bank escrow details.

An Occupancy Certificate (OC) is issued by local municipal authorities (DTCP / GMDA) certifying that the building has been constructed in accordance with sanctioned plans, fire safety regulations, and environmental norms, and is safe for habitation.

If the builder fails to hand over possession within the timeframe specified in the RERA agreement:

• Option A (Stay in Project): Demand monthly interest payments for every month of delay at the prescribed RERA interest rate.
• Option B (Withdraw from Project): Claim full refund of all invested money along with interest from the date of payment.

You can file a formal complaint online before the Haryana Real Estate Regulatory Authority (HRERA) Gurugram bench.

As per RBI guidelines, leading banks (SBI, HDFC, ICICI, Axis Bank, Bank of Baroda, Kotak) offer the following Loan-to-Value (LTV) ratios:

• Up to ₹30 Lakhs: Up to 90% loan funding.
• ₹30 Lakhs to ₹75 Lakhs: Up to 80% loan funding.
• Above ₹75 Lakhs: Up to 75% to 80% of registered agreement value.

Loan eligibility depends on your CIBIL credit score (750+ recommended), debt-to-income ratio, and net monthly income.

• Construction Linked Plan (CLP): Payments are released stage-by-stage as milestones are achieved (e.g. foundation, casting of slabs, masonry, finishing). Lowest financial risk.
• Possession Linked Plan (PLP / 30:40:30): Pay 30% upfront, 40% on super-structure completion, and 30% on notice of possession.
• Subvention / Flexi Plan (20:80 / 10:90): Pay 10-20% on booking and balance payment near possession. Ideal for investors seeking capital appreciation with minimal early cash outlay.

Yes! Under RBI and FEMA regulations, NRIs and OCIs (Overseas Citizens of India) can freely purchase unlimited residential and commercial properties in India without prior government approvals.

• Transactions must be carried out in Indian Rupees (INR) through normal banking channels (NRE / NRO / FCNR accounts).
• Home loans up to 75-80% are readily available for NRIs from Indian banks.
• Our dedicated NRI desk provides end-to-end Power of Attorney (POA) assistance, digital documentation, and site video walkthroughs.

Home loan borrowers in India enjoy significant tax deductions under the Income Tax Act (Old Tax Regime):

• Section 80C: Principal repayment deduction up to ₹1.5 Lakh annually.
• Section 24(b): Interest deduction up to ₹2.0 Lakh annually on self-occupied properties.
• Joint Home Loans: Co-borrowers (e.g. husband and wife) can both claim separate deductions, doubling total tax savings up to ₹7.0 Lakhs!

Yes, 100% Free & Zero Obligation! We arrange personalized, complimentary site visits with experienced luxury property specialists across Golf Course Extension, Dwarka Expressway, SPR, and New Gurgaon.

Yes. We have a specialized commercial advisory wing that deals in:

• SCO (Shop-Cum-Office) Commercial Plots: Approved commercial plots with basement + ground + 4-floor development potential.
• High-Street Retail & Food Courts: Ground-floor retail units and multiplex spaces in high footfall developments.
• Pre-Leased Commercial Units: Immediate rental yield of 7% to 9% with established corporate and MNC tenants.

Our certified real estate advisors manage your entire property acquisition journey:

• 1. Requirement Mapping: Matching budget, carpet area, and family requirements to verified inventory.
• 2. Private Site Tours: Guided inspections of construction updates, sample mockups, and infrastructure connectivity.
• 3. Developer Pricing Negotiation: Securing preferential developer discounts and optimal payment schedules.
• 4. Legal & Financial Support: Document verification, bank loan sanctioning, and registry coordination.