Resale

Frequently asked questions

Are resale flats cheaper than new ones?

They can be, sometimes below new-launch prices in the same sector, with no construction wait and a settled society you can inspect first.

What are the risks with resale property?

Mainly paperwork: verify the chain of ownership, run an encumbrance check, and confirm no dues before you pay.

Can I get a home loan on a resale flat?

Yes, banks fund resale readily when the title is clean and the papers, including an occupancy certificate, are in order.

What are the advantages of buying resale?

You get a ready home you can see and move into, no construction wait, no GST, and often an established society with working amenities.

What extra costs come with a resale purchase?

Stamp duty and registration, any society transfer charge, pending dues and, on a loan, valuation and processing fees. Budget for these upfront.

Can I get a home loan on a resale property?

Yes, banks lend on resale homes after checking title, building age and valuation. Older buildings may get a shorter loan tenure.

How do I check if a project is RERA-registered?

Search the state RERA portal by project or builder name for the registration number and approved plan. Our RERA check guide explains it.

Can NRIs buy a home in Gurgaon and NCR?

Yes, NRIs can buy residential and commercial property in India, though not farm land. Payments must come through banking channels, and a trusted power of attorney helps if you are abroad.

What taxes apply when I sell property in Gurgaon and NCR?

You pay capital gains tax on the profit, lower if you hold beyond the long-term period, with reliefs if you reinvest in another home. Take advice before you sell.

Is it a good time to buy in Gurgaon and NCR?

Timing matters less than buying the right property at a fair price with clean papers. If the home fits your budget and needs, waiting for a perfect market rarely pays.

How do I verify the property title in Gurgaon and NCR?

Check the chain of ownership, the latest record, any loan or lien and pending dues, and match the seller identity to the title. A local lawyer can vet the deed.

What should I check during a site visit in Gurgaon and NCR?

Construction quality, water and power backup, the neighbourhood, road access, and how the actual unit compares to the brochure. Visit at different times of day if you can.

Can I negotiate the price in Gurgaon and NCR?

Resale and ready inventory are usually negotiable, while fresh launches have fixed rates but may waive some charges. Compare recent deals nearby to judge a fair price.

What is the difference between carpet area and super area?

Carpet area is the usable space inside your walls; super area adds a share of common areas. Always confirm the carpet area you actually get before comparing prices.

What extra costs come beyond the price in Gurgaon and NCR?

Budget for stamp duty and registration, GST on under-construction homes, parking, club and maintenance deposits, and loan fees. Ask for a full cost sheet upfront.

How does Realty Hunting help me buy in Gurgaon and NCR?

We share verified listings, honest area advice and the real paperwork picture, and connect you with builders and sellers. Reach out and we will shortlist options that fit your budget.

Should I buy ready-to-move or under-construction in Gurgaon and NCR?

Ready homes have no wait, no GST and no build risk but cost more; under-construction is cheaper with a longer wait. Choose by your timeline and risk appetite.