Frequently asked questions
Short answers to what buyers, sellers and tenants ask us most.
What is a builder floor?
A builder floor is one complete floor of a low-rise building on a private plot, sold with an undivided share of the land. Most South Delhi homes are builder floors.
How much stamp duty will I pay in Delhi?
6% for a man, 4% for a woman and 5% for joint ownership by a man and a woman, plus 1% registration and a ₹100 pasting fee. It is charged on the higher of the deal value and the circle-rate value.
What is your brokerage?
1% of the transaction value plus 18% GST for sales and purchases, and one month's rent plus GST for leases. It is agreed in writing before the first visit.
Do builder floors need RERA registration?
Only if the land area is above 500 sq m or the project has more than 8 apartments. Most single-plot builder floors fall below these limits.
Can I get a home loan for a builder floor?
Yes, if the property is freehold with a clear title and a sanctioned plan. Banks lend up to 75% of the value for properties above ₹75 lakh.
Do I need to deduct TDS when buying?
Yes. If the price is ₹50 lakh or more and the seller is resident, deduct 1% TDS and deposit it through Form 26QB within 30 days of the end of the month.
Can NRIs buy property in Delhi?
Yes. NRIs and OCI cardholders can buy residential and commercial property freely, paying through normal banking channels. Agricultural land and farmhouses are restricted.
How long does a purchase take?
Typically four to eight weeks from token to registration, depending on loan approval and document checks.
What documents should I check?
The chain of sale deeds, conversion deed if formerly leasehold, MCD mutation, property tax receipts, the sanctioned plan and the completion certificate.
Do you help with rentals?
Yes. We arrange leases for landlords and tenants, draft agreements and complete police verification.
More detail in our blog, or ask us directly.