Frequently Asked Questions
Find answers to common questions about Indian real estate and our services.
Property Buying
What documents should I verify before buying a property in India?
Before purchasing a property in India, you should verify several key documents: the Sale Deed, Mother Deed (chain of title documents), Encumbrance Certificate, Property Tax receipts, and approved building plan. For new constructions, also verify the RERA registration, Completion Certificate, and Occupancy Certificate. It's advisable to have a legal expert review these documents to ensure there are no ownership disputes or outstanding claims against the property.
How does the home loan process work in India?
The home loan process in India typically involves: application submission with KYC documents, income proof, and property details; credit assessment where the bank evaluates your repayment capacity; legal verification of property documents; technical valuation of the property; loan approval with terms and conditions; and finally, disbursement directly to the seller or builder. The entire process usually takes 2-4 weeks. Interest rates vary between 6.5% to 9.5% depending on your credit score, loan amount, and tenure.
Can NRIs purchase property in India?
Yes, Non-Resident Indians (NRIs) can purchase residential or commercial properties in India. There are no restrictions on the number of properties they can buy. However, NRIs cannot purchase agricultural land, plantation properties, or farmhouses unless inherited. The payment must be made through normal banking channels by remittance from abroad or from NRE/NRO/FCNR accounts. Home loans are also available to NRIs from Indian banks, typically covering 70-80% of the property value.
Property Selling
What taxes are applicable when selling a property in India?
When selling property in India, you may need to pay Capital Gains Tax, which is classified as either Short-term (property held for less than 24 months) or Long-term (property held for more than 24 months). Short-term capital gains are taxed as per your income tax slab, while long-term capital gains are taxed at 20% with indexation benefits. Additionally, if the property value exceeds Rs. 50 lakhs, TDS at 1% must be deducted by the buyer. There may also be stamp duty and registration charges that vary by state.
How can I determine the right selling price for my property?
To determine the optimal selling price for your property, consider these key factors: research recent sale prices of similar properties in your neighborhood (comparable sales); factor in your property's unique features such as size, age, condition, amenities, and upgrades; consider the current market conditions (buyer's or seller's market); get a professional property valuation or appraisal; and consult with real estate agents who specialize in your area. At Marsares Realty, we provide comprehensive market analysis to help you determine the most competitive and realistic selling price.
Real Estate Investment
Which cities in India offer the best ROI for real estate investment?
Several Indian cities currently offer attractive ROI for real estate investments. Bengaluru, Pune, and Hyderabad lead with strong IT/ITES sectors driving demand and appreciation rates of 8-12% annually. Mumbai offers premium returns in select micro-markets despite high entry costs. Delhi-NCR, particularly Gurgaon and Noida, shows promising returns due to infrastructure development. Emerging cities like Ahmedabad and Chandigarh offer value investments with steady growth. The ideal location depends on your investment timeline, risk tolerance, and budget, with different cities specializing in residential, commercial, or retail segments.
What are REITs and how can I invest in them in India?
Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-generating real estate. In India, REITs were introduced in 2019 and offer a way to invest in commercial real estate without directly purchasing property. You can invest in REITs through stock exchanges just like shares, with a minimum investment of approximately Rs. 10,000-15,000. They typically offer two income streams: regular dividend income (from rental yields) and potential capital appreciation. Key Indian REITs include Embassy Office Parks REIT, Mindspace Business Parks REIT, and Brookfield India Real Estate Trust. REITs are regulated by SEBI and must distribute at least 90% of their income to investors.
Our Services
What services does Marsares Realty offer?
Marsares Realty offers comprehensive real estate services including property buying and selling, investment advisory, project marketing, property management, legal documentation assistance, and home loan facilitation. We specialize in both residential and commercial properties across major Indian cities. For NRIs, we provide specialized services to handle investment, purchase, and management remotely. Our team of experienced professionals guides clients through every step of the real estate process, ensuring a smooth and transparent experience.
How does Marsares Realty help NRI clients?
Marsares Realty offers specialized services for NRI clients including virtual property tours, digital documentation, legal and taxation guidance specific to NRI investments, thorough due diligence, property management services, and rental income handling. We understand the unique challenges NRIs face and provide end-to-end solutions to make remote property transactions seamless. Our dedicated NRI desk ensures personalized attention and handles time zone differences for convenient communication. We also assist with FEMA compliance, repatriation of funds, and provide regular updates on the Indian real estate market to help NRIs make informed investment decisions.
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