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Contact Info
Address
882, 2nd Floor, Chinmayee Arcade, 10th A East Cross Road, Nataraja Layout nagat, J.P. Nagar 7th Phase, Benglauru, Karnataka, 560078
Email Us
info@otobosrealty.com
Call Us
+91 8971693826
Frequently Asked Question!
Key factors include location, budget, property type, legal clearance, amenities, and future value appreciation.
Residential (apartments, villas, plots), commercial (offices, shops), and industrial properties.
Typically, 10-20% of the property value; the rest can be financed through a loan.
Stamp duty, registration fees, legal fees, maintenance charges, and GST (if applicable).
Check title deed, sale agreement, encumbrance certificate, property tax receipts, and RERA registration.
Yes, NRIs can buy residential and commercial properties but not agricultural land, plantation, or farmhouses.
Approach a bank or NBFC with documents like ID proof, income proof, and property details.
It usually ranges from 5 to 30 years, depending on your repayment capacity.
A good CIBIL score (750+) increases your chances of loan approval at lower interest rates.
- Research & shortlist properties
- Visit & inspect the property
- Verify documents & legal status
- Arrange finances (home loan, if needed)
- Negotiate & finalize the deal
- Register the property & take possession
Stamp duty is a state tax on property transactions (5-8% of property value), and the registration fee is usually 1%.
Yes, you can claim deductions under Section 80C (principal repayment) and Section 24(b) (interest payment).
Factors like market conditions, property valuation, legal clearance, tax implications, and finding the right buyer.
Compare similar properties in your area, consider amenities, property condition, and consult a real estate agent or property evaluator.
Selling through an agent ensures professional marketing and negotiation, while direct selling can save commission costs.
- Title deed (ownership proof)
- Sale deed
- Encumbrance certificate
- Property tax receipts
- No-objection certificate (NOC) from society (if applicable)
- Approved building plan (for constructed properties)
Obtain an Encumbrance Certificate from the sub-registrar office to confirm no legal disputes or loans on the property.
It is a legal document that records the agreed sale price, payment terms, and other conditions, protecting both buyer and seller interests.
- Property valuation & setting the price
- Listing the property (online/offline)
- Finding and negotiating with buyers
- Signing a sale agreement
- Completing legal documentation
- Registering the sale & receiving payment
Yes, capital gains tax applies:
- Short-term (within 2 years) – Taxed as per income slab
- Long-term (after 2 years) – 20% with indexation benefits
Invest in another property under Section 54 or in capital gains bonds under Section 54EC to get tax exemptions.
- Transfer ownership to the buyer legally
- Settle utility bills & inform local authorities
- Notify the housing society (if applicable)
- File capital gains tax returns
Yes, but you must clear the outstanding loan or get an NOC from the lender before transferring ownership.