Before buying property as an investment, be clear about your goal (rental income or long-term holding), count every cost, stress-test your loan, verify the title and RERA registration, understand how rent and sale profits are taxed, and plan how you would sell. Property can be a reasonable long-term holding, but it is illiquid and concentrated, and no return is guaranteed. Read more
Residential and commercial property differ less in which one 'pays more' than in how their income behaves: who the tenants are, how long leases last, how long a vacancy can run, how they are financed and how easily they sell. Compare a specific property's net income after all costs, under realistic vacancy, rather than relying on general claims about yields. Read more
Fix a budget that covers stamp duty, registration and other costs on top of the price. Check how much a bank can lend under RBI's loan-to-value limits. Verify the property's documents and, for new projects, its GujRERA registration before paying a token. Sign a written agreement, deduct 1% TDS if the price is ₹50 lakh or more, and register the sale deed at the sub-registrar office. Read more
Before paying any token amount in Gujarat, check the land record (7/12 and 8A, or the property card in city survey areas), the chain of title deeds, an encumbrance search on GARVI, the NA order for non-agricultural use, the approved plan and BU permission for buildings, and GujRERA registration for new projects. Most records can be viewed online on official portals, but a clean online record is not proof of clear title — have an advocate do a title search. Read more