Purchasing your first home is one of the most significant financial decisions of your life. Bengaluru's dynamic real estate market offers excellent opportunities, but it also requires careful navigation. Here is our expert-crafted checklist to ensure a smooth, stress-free home-buying journey.
1. Define Your Budget
Factor in not just the property cost but also registration charges (5–7%), GST, stamp duty, maintenance deposits, and interior fit-out costs.
2. Verify RERA Registration
Always check the project's RERA registration on the Karnataka RERA portal before making any payment.
3. Legal Title Clearance
Engage a lawyer to verify the land title, encumbrance certificate, and building plan approvals from BBMP or BDA.