Frequently Asked Questions

First things first, it is always best to get a pre-qualification from your bank before you start searching for your dream house. In this way, you will get an estimate of the loan amount you are likely to get from the bank and can start looking for houses in that budget.

Before you find your dream house, you might even pay a processing fee to the bank and get a pre-approved loan that can be utilised once you find a house in your budget.

A useful rule of thumb is to check the basics like accessibility to the property by road, distance from schools, colleges, hospitals, supermarkets, etc.
But, keep some things in mind.

. Is it a neighbourhood that is on the brink of growth?
. Has the builder completed any projects beforehand?
. What sort of reputation does the builder have?
. What is the carpet area and the total built up area?
. Check the blueprints, floor plans, etc.
. Verify legal documents.
. What are the amenities that are being given?
. Get a cost breakdown to understand what you are paying for.
. Rental value.
. Resale potential.

Our country’s credit bureaus like to keep a track of our good and bad deeds in terms of loans and repayment. Credit scores or CIBIL (Credit Information Bureau India Limited.) scores are one of the most important things that will determine whether you make or break a deal. The score helps banks to mark you for your creditworthiness based on your history of loan repayment, credit card bill repayment, EMI payments, credit exposure, credit duration, etc. It will also make banks decide whether to give you a loan or not, your loan amount, interest rates, tenure, etc.


Carpet area is the net usable floor area of an apartment excluding balcony, veranda and open terrace area. The built-up area, on the other hand, is the area including the external walls of your apartment. The super built-up area is the area including common areas of the building.


When thinking of investing in Real Estate, many fears crop up in people’s minds. Will the project be completed and delivered on time? What if it is not? Is the quality of construction going to be sound? Et cetera. To empower home buyers the government brought the Real Estate (Regulation and Development) Act, 2016, (RERA). Any project of more than 500 square yards or with more than eight apartment units has to compulsorily get registered under RERA. If not registered, the project cannot be marketed.


Make sure you have the relevant tax receipts, title deed, sale deed and encumbrance certificate.


Make sure you have the relevant tax receipts, title deed, sale deed and encumbrance certificate.

In addition to the CIBIL score, which we already mentioned in our FAQs, your occupation, age, property attributes, income stability, your association with your company and bank, etc. are taken into account while deciding whether to give you alone and how much loan to give.

Get a free Quote.