Home Buying Process 

Propharvest Home Buying Guide

Your step-by-step companion for making smart property decisions

1. Home Buying Tips & Checklist

• Understanding Your Needs – Flat, villa, or plot? BHK size? Location priorities?
  
  

• Budgeting Smart – How to balance affordability with lifestyle needs.
  
  

• Market Research – Checking project credibility, location growth, and future resale potential.
  
  

• Legal Due Diligence – Verifying titles, RERA approvals, and compliance.
  
  

• Builder Reputation – How to check reviews, past delivery timelines, and financial stability.
  
  

• Timing Your Purchase – Launch offers vs. ready-to-move-in properties.
  
  

2. Financial Planning for Buying Assets

• Assessing Your Financial Health – Income vs. liabilities, emergency funds, and risk appetite.
  
  

• Down Payment Planning – Typical 20–30% upfront and how to prepare for it.
  
  

• Cost Beyond Property Price – Registration, GST, maintenance deposits, interiors.
  
  

• EMI Calculations & Affordability – Avoiding over-leverage.
  
  

• Tax Benefits on Home Loans – Sections 80C, 24(b), and other deductions.
  
  

• Investment vs. End-Use – Deciding based on ROI and lifestyle goals.
  
  

3. Loan Process Simplified

• Types of Home Loans – Fixed, floating, and hybrid interest rates.
  
  

• Eligibility Criteria – Income, CIBIL score, and employment history.
  
  

• Loan Application Steps – Pre-approval, documentation, verification.
  
  

• Interest Rate Negotiation Tips – How to get the best deal from banks.
  
  

• Prepayment & Foreclosure Rules – Reducing interest burden smartly.
  
  

4. Interior Ideas & Space Planning

• Budget Interiors vs. Luxury Finishes – Cost vs. value.
  
  

• Space Optimization Tips – Especially for apartments.
  
  

• Current Trends – Minimalist, modern, and sustainable designs.
  
  

• Functional Design – Balancing aesthetics with usability.
  
  

• Choosing Contractors & Designers – Red flags and best practices.
  
  

• Smart Home Solutions – Automation, security, and energy efficiency.
  
  

5. Registration & GST Charges Explained

• Stamp Duty & Registration Fee – State-wise variations (with Telangana focus).
  
  

• GST Applicability – Under-construction vs. ready-to-move-in.
  
  

• Other Charges – Clubhouse, maintenance deposit, legal fees.
  
  

• Government Schemes & Exemptions – PMAY, reduced stamp duty periods.
  
  

6. Builder Profile & Project Evaluation

• How to Read a Builder’s Profile – Track record, financial stability, delivery history.
  
  

• RERA Records Check – Transparency in project details.
  
  

• Site Visit Checklist – Quality of construction, amenities, and surroundings.
  
  

• Verifying Approvals – GHMC/HMDA, fire safety, environmental clearance.
  
  

7. Step-by-Step Home Buying Process

From Browsing to Possession:

1. Define your requirements
   
   

2. Financial planning
   
   

3. Shortlist projects
   
   

4. Site visits & due diligence
   
   

5. Booking & agreement signing
   
   

6. Loan sanction & registration
   
   

7. Interior planning
   
   

8. Possession & handover
   
   

8. FAQs & Buyer Tools

• FAQ Section – Quick answers to common buyer doubts.
  
  

• EMI Calculator
  
  

• Stamp Duty Calculator
  
  

• GST Calculator
  
  

• Document Checklist Download