I am honestly disillusioned that I paid 36L in taxes for an apartment in Bangalore for which government does not even provide water, sewage and gas connection lines. This includes GST, Stamp duty and registration. There is also double taxation: Stamp duty and registration is charged on GST which is illogical probably even illegal. Every year there is also property tax and GST on maintenance (thanks to Nirmala's new introduction) which works out to 40K paid to government. This does not even factor in the bribe rate of Rs.300 psft that is included in the apartment price. Now, when I sell this, I have to pay Capital gain tax again.

So we have around ~4.5 acres of land in the outskirts of nizamabad, Telangana. The land value is currently around 1.6 to 1.7 cr per acre because there seems to be a plan of building a medical College just beside our property. Now we for sure know that there would be a medical College coming there and the owner needs our land.

But the problem is my dad's greed. He is estimating that the land value can be raised upto 3 cr per acre and the whole land should be sold upto across 15- 20 cr max. He dreams of selling it for that much or he doesn't want to sell it.

Now i know the land value can go upto that worth too but he is just showing off like crazy and I don't like his behaviour here at all. He is literally blabbering the land's value to everyone around him as if he has the money now. And in turn he is clearly spending savings money left and right because he is gonna get crores from this deal. F*cing so irritating and retarded his behaviour is now. We are literally living on peanuts currently 25k a month for a family of four) and he is borrowing lakhs from outside and spending. I'm in no rush of selling it nor anyone from our family is but it's his bloody showoff to others that boils my blood.

But I'm not dreaming of anything of that sort of money. For me 2 cr per acre seems to be a good deal. So even if we sell the land for approx 1.7-1.9 cr per acre how would the transaction be carried out? How would the whole process be? How will everything take place. I want a clear idea on how things will happen in this whole transaction...!

Please give me some hints, knowledge and compulsory know how on what all should I keep a keen eye on ?!

I decided to sell my 1BHK apartment a few months ago, thinking it would be a straightforward process. I contacted a few local brokers, hoping they could connect me with genuine buyers. Initially, everything sounded promising, but things soon became frustrating.

I was repeatedly told that interested buyers were ready to visit. I would adjust my schedule, travel to the property, and wait for them only to find out that many were either not serious or simply looking to negotiate an unrealistically low price.

The most disappointing part was when one broker pressured me to share certain documents and details, claiming he had a confirmed buyer. Later, I discovered that there was no serious buyer at all. I felt completely misled and started becoming cautious about whom I could trust.

After spending so much time following up with brokers, I’m now considering trying online platforms such as 99acres, Magicbricks, and Nobroker to reach a wider range of potential buyers. I’m hoping that exploring multiple platforms might help me connect with genuine buyers and give me better control over the selling process.

Honestly, selling this property has become emotionally exhausting. This 1BHK is more than just an apartment, it represents years of savings and hard work, so making the wrong decision feels risky.

Has anyone here recently sold a property through local brokers or online platforms? How did you identify genuine buyers and avoid misleading enquiries? I would genuinely appreciate your suggestions and experiences.

So I finally got my home loan sanctioned with SBI and thought I'd share how it went, since I read a lot of similar posts before applying myself.

Profile

• Age: 22
• Private sector employee, saving account with SBI
• CIBIL score: ~779
• Property: Under-construction flat, Metro/Tier-1 city

Loan Details

• Loan amount: ₹57,00,000
• Interest rate: 7.6% (was quoted 7.8 while applying)

18/07/2026

> I applied on the 18th of july , going through a DSA who worked closely with the builder. Honestly I was a little unsure about this route at first, but it turned out fine the agent handled most of the coordination and I didn't have to chase things much. And someone in the family circle had already applied through him.

> At first i wanted to get it via hdfc/icici but he was pushy about SBI I was hesitant at first but then did my research got to know the project was sbi approved so just went along.

> Wanted to apply solo but they needed a co applicant my parents didnt have a great cibil score so only option was an elder brother who has just got a job like a month back and had like 3 personal loans of around (4 lacs in total ).
Informed the agent in advanced about the amount as well as i knew foir will be an issue. Agent responded no need to worry we wont count his income in this at all. only things asked from my brother were a pan card , aadhar card and a photo.

> Documents asked from me -

- Last 12 month bank statement (where salary is credited)

- Last 2 years ITR

- Last 6 month salary slip

- Last 2 year form 16

- current rent agreement in which me and my brothers name is mentioned

-Current employers contact details and hr email (just for confirmation)

## later they needed more docs

- They wanted offer letters for both prev companies as well

Current residence verification happened as well

The loan amount i wanted was to ₹57,00,000 so we initially made the ask for 60 lacs

21/07/2026

had the first cibil check on both our profiles

22/07/2026

The very next i got the first in principle offer letter for loan approval up to 60 lacs via my agent. There is no contact between SBI and me.

( but you got to hold your horses as that isn't the final approval )

22/07/2026 - 11/08/2026

Now as this is an under construction property we had only booked the property now was our turn to pay the down payment to the builder 10% get the agreement to sale registered and submit it with the bank that process took around a week or so from our side

After all of this was done we got the receipts the paper work and everything submitted the copy of it all to SBI for further process

12/08/2026 - 18/08/2026

No cibil checks or anything

Legal checks and technical checks were made by the bank the agent sent us the reciept for keeping records. THe cost was 6950 . We had to pay this not the bank

My companies hr was mailed for confirmation as well during this period.

19/08/2026

Now i don't exactly know when was the file submitted to  CPC / RACPC but i got the mail in the morning of the 19th - both of us got the mail this was the first official communication between the bank and me directly.

19/08/2026-22/08/2026

Multiple cibil checks with different agencies i got 4 enquires my brother on the other hand got 5

there were mails updating us of the process as well

19- Application received

20 - Receipt of vendor Verification Report

22 - Documentation process scheduling (at this point i guess it was confirmed that we had got the approved loan but hadnt recieved the final approval yet )

23/08/2026

Got the mail that sanction of your Home Loan was approved it mentioned only the amount and informed that out documentation process will be scheduled no mention of interest rate was skeptical but agent informed in the night the interest rate was reduced to 7.6%

In the mail it was mentioned that property insurance must be taken but i guess the mail was automated as the property under construction cant be insured if 70% of the property is not completed .

Also they offered my a 17 lacs pre approved car loan at a fixed interest rate of 8.6 valid for the next 30 days. ( Wasn't interested but felt nice )

28/08/2026 - D. day

This was the date given to bring the docs and some additional docs

> The receipts from the builder of down payment we made

> Permission to mortgage

> A demand letter from the builder to sbi for the first disbursement

> the original agreement to sale

> 4 photos each

> 10 cheques for security

Above the docs that were going to be saved in the vaults so do make good copies of them.

Additionally some docs were asked as well - latest salary slip + from that day to the previous 2 months salary slip (my best guess is they wanted to verify employment status)

On entering were informed that there are some charges that need to be paid via upi some need to kept in the

below are the ones for my case

1) Gov stamp duty -0.3%= 17,300/- ( paid by upi )

2) Noi- 0.5%= 15,000/- ( paid by upi )

3) Documentationfee=4600/- ( paid by upi )

4) Processing fee = 8450/- ( Kept in SBI account)

5) Cersai fee-236/- (kept in SBI account)

----------------------------------------------------------------------------------------------

Before the mortgage
Signed at least in 100 different place's took around 45 mins to get everything signed. took photo thumb impressions for stamp duty and stuff.

As we were doing the paperwork there were employees roaming around trying to sell term insurance and property insurance as well i would hear them talking to other people but we weren't disturbed at all. Was impressed by this ngl. After that went to the final office's desk she checked the bank statement check for the receipts against the payments cross verified just that bit took our original docs gave us back the lod and then told us to proceed to do the kyc for mortgage. Was again explained the terms of pre emi and main emi dates as well. and we came out of the cabin.

As soon as we were done were bombarded by 3 people -

guy 1 - get a pre approved sbi prime credit card - ignored

guy2 - approached by the guy to get the property insurance - agent shook him away saying under-construction property

guy3 - term insurance on loan (whatever it might be called ) -

he first came up and told me both of us have to get a insurance i just denied and told him one was enough , he was forcing where i got a bit annoyed had talked to him sincerely until this point.

Then we agreed lets get quote only for me he quoted 63,800 one time payment or 550 per month for 20 years.

I told them to lower the quote or i am not taking the term insurance from them as it is not compulsory to which he responded with

"No sir its mandatory".

I got annoyed and responded with

"It is not at all mandatory if it is please give me in writing i will pay the premium right here and now"

to which he just lied and responded with

"No sir i didnt say mandatory is said necessary "

Argument went on for 10 mins or so and he just gave up said he will send the quote up to me if i wish to take it or no if not just give them in writing that incase some thing happens the loan will be paid of by family. I just told them i already have a 1 crore term life with axis so would happily give them the letter.
The entire process took around 3 hours couldve happened early. NGL but the officer went for lunch time so had to wait 40 mins for her.

That was it walked out with a "-57,00,000" net worth

Surprisingly disbursement that very day in the evening got a mail as well about the account number the amount mentioned above was deducted as well.

We didn't had to pay the agent a dime i guess they make some cut from the banks didn't really ask him how much. but was a good gentleman. Now after understanding the process i think if you have a very clear record of everything your, your payments to the builder, verified rera status, You really don't have to worry much and can do without any agents involvement.

Overall, pretty smooth experience. If you've got a decent CIBIL score and your salary account is already with SBI, I'd say go for it without overthinking it too much. Had read a lot of bad rep about sbi about loan process but gotta say they have improved by like a big margin.

Hope this helps someone in a similar boat!

This has been developing since April and it’s still not widely understood, so here’s where it actually stands.

The Punjab and Haryana High Court stayed the stilt-plus-four policy on 2 April in Sunil Singh vs State of Haryana. The court’s reasoning was blunt, essentially that the state had put safety at stake to earn revenue. A court commission had physically measured internal road widths and found significant shrinkage against sanctioned widths, and that report became the factual spine of the order.

On 21 July, DTCP issued a memo freezing all fresh S+4 approvals, statewide rather than just Gurgaon, addressed to HSVP, HSIIDC and Urban Local Bodies. Both the dedicated S+4 portal and HOBPAS were switched off, so the route to apply is closed rather than slowed. No layout, zoning or service plans carrying the 18-persons-per-plot density are to be approved either. An enforcement drive against stilt misuse is also live, which is what’s behind the sealings people are seeing.

Important distinction, and a lot of forwarded messages get this wrong. This is a stay plus an approvals freeze, not a repeal. The policy still exists.
The part that should worry current owners more than buyers: the restraint covers occupancy certificates, not just approvals. If you’re mid-construction on an S+4, that’s your real exposure.

Why it hits prices, not just paperwork. A plot here is priced off how many floors you can build on it. Drop from four to three and roughly a quarter of the saleable area on that land disappears, so the price has to move. Someone in a thread last week mentioned buying DLF Phase 2 land at 4L a square yard a couple of years back while a friend just paid 3.5L. That isn’t the market softening. It’s this.
Which cuts both ways. A demand-driven fall doesn’t reverse. A regulatory discount can. So you may be getting a genuine discount on an input that comes back, or buying into a position that gets worse, and anyone confident either way is guessing.

In 2024 an embargo went in on 6 August and was withdrawn on 22 August once the department filed its reply. Fast reversal. The difference this time is that it’s a court stay rather than a government order, so the state can’t simply lift it.
What I’d check before signing anything. That the specific unit has a sanctioned plan predating the freeze, and see it yourself rather than being told it exists. Whether the stilt has been converted into habitable space, since that’s what the enforcement drive targets. And the road width, because the 10 metre minimum isn’t going away whatever happens to the stay.
If you’re paying a premium for a fourth floor unit, you’re paying for something whose legal status is currently before a court.
Happy to be corrected if anyone has a DTCP notification more recent than 21 July. That’s the latest I’ve found.

Not so surprising layoffs. It’s new normal across industry be it said or unsaid. 30 years commitment on fixed income are stories of the past.

I'm looking to buy an under-construction apartment in Bangalore to actually live in and as an investment. I've narrowed it down to two options and I'm stuck. The first is Vasvani Starlight, a 3.5 BHK unit. The second is Pavani Mirabalia, a 3 BHK unit.

I care most about build quality, no seepage issues, quieter and greener surroundings, and good connectivity, ideally near metro.

Has anyone bought into either of these projects, or lives nearby? How's the builder reputation, construction quality, and possession track record for each? Also, what would you consider a fair asking price per square foot for these two right now, and is there room to negotiate with the builder? Any red flags I should know about before signing anything? Appreciate any insight.

It is a 72 sqft(9*8) road facing shop on main mehrauli badarpur road khanpur

Which bank provides the best home loan experience in terms of:

Customer service and responsiveness

Ease of making part-prepayments/pre-closure

Online prepayment process

Getting the original property documents back after loan closure

I’m currently considering SBI, HDFC, Bank of Baroda, Canara Bank and Union Bank

I recently had a very frustrating experience trying to sell my property through NoBroker.

The platform is marketed around “No Broker” and avoiding traditional brokerage, but the actual experience can feel quite different.

They repeatedly push you to take their paid plans/services and make endless calls asking you to upgrade or pay brokerage/service fees. What is even more frustrating is that the property listing can be deactivated on its own, and after that, you continue receiving calls asking you to take a paid plan or pay for their services.

At this point, I have to ask:
If I have to pay a significant amount to sell my property, what exactly is the difference between NoBroker and any other property portal or traditional broker?

Why deactivate a seller’s listing and then repeatedly call them to purchase a paid plan?
And what happens to the money already paid if the property doesn’t sell?

For a platform built around the idea of “NoBroker,” this selling experience has been extremely disappointing and has made me question whether the name actually reflects the service being provided.

My advice to property owners: read the terms carefully, understand the complete fee structure, and think twice before paying for any selling plan.

Has anyone else faced repeated calls, listing deactivation, or pressure to purchase a plan?

Hi,

Background story (2003):

We (My parents) bought a plot in old Hyderabad - Place named Badangpet in 2003. They saw the plot and place and went for the registration.

Soon after the registration, they said that there is a board from the Govt of AP that this land belongs to Govt. At that time they went to ask lawyers, only to find that there are some others with the same problem in the nearby place, post that they did not take any action.

Current status:

I recently found the sale deed and got these documents with the help of Landeed:

1. Market valuation: (As per the Landeed agent - If the land is an assigned or prohibited or govt land, then market valuation will not get generated
2. EC: (EC Shows that the last transaction on the survey number mentioned in out sale deed is our parent's)
3. Mortgage document: (Honestly, I did not understand this document)

Needed help on the future course of action. My mother said, when they last checked - there is a road in the place they bought. But the same thing was not mentioned anywhere in the documents.

When we asked about the next steps to the Landeed agent - He advised us to go for a land survey to actually identify if the land which my parent's saw and that mentioned in the document are the same. But it costs 80K INR.

My ask here for the experts- What should I do now? Should I go for the survey?

if yes:-

1. Should I go for survey with Landdeed people?
2. What would be the next steps after the survey? - Should we go to court here?

If not:-

1. What would be the next steps to continue here? - Should we go to court here?

Hey everyone,

I’m planning to start my own real estate development business in the future, and I want to get some hands-on experience before jumping into it.

I’m looking for an experienced local property dealer/builder in Delhi/NCR who would be willing to let me work with them for 3–6 months and learn the business from the ground up.

I’m especially interested in learning about:

• Property dealing & site visits

• Documentation and basic legal procedures

• Client handling & negotiations

• Property registration and paperwork

• Construction/project coordination

• How deals and transactions actually work

My main goal is practical knowledge and experience. I’m willing to start from the basics, work hard, and genuinely contribute wherever I can.

If you’re a property dealer/builder or know someone experienced who might be open to this, please DM me. I’d really appreciate the opportunity to learn.

Home Loan with kotak bank @9.75%

Cibil 772

10 y 7 months credit history

2 home loans paid

3rd home loan

Bank is charging me a spread of 4.5% is this High

Bank Gave me excuse that your property lacks sanctioned map despite it all documentations are completed

Currently talks with PNB HFL rates between 8.5-9%

Processing fee 0.25%

Login 999+gst

Legal charges 4509

Home Loan amount 19.5 lakhs for 21865 emi

Does anyone faced this kind of problem despite having on bank Salary credit with Long Term employment and high cibil is there any way to get lower interest rate ?????

Recently one my friend shifted to new apartment which is constructed using mivan structure. His experience is that there are multiple leakages and seepages observed in last few months everywhere in building. After following up with builder they fixed plumbing leakages and grouting of all flats. As per builder now no more leakages will occur. Also he is not sure whether this is true as the family living above his flat did not took possession and will planning to move after 6 months.

Anyone facing similar issues in mivan construction?

What are the best real estate opportunities around Ghaziabad for ₹80–85L?

I’m looking to invest around ₹80–85 lakhs in real estate, with a 5–6 year horizon. The purpose is a combination of investment + possible self-use in the future.

My preference is specifically for a residential plot or an independent house. I’m not particularly interested in apartments.

The main issue is that in many established parts of Ghaziabad, decent properties seem to be ₹1 Cr+, so I’m trying to understand where I can still get good value within my budget.

I’ve heard/come across options around Duhai, Modinagar and Hapur, but these are not fixed choices. I’m open to any location around Ghaziabad/Delhi-NCR where the fundamentals make sense.

One important condition: I want an authorised/legal property — preferably GDA/UPAVP-approved or otherwise properly authorised, with clear title and proper residential land-use. I’m not looking for unauthorised colonies or agricultural land being sold as residential plots.

For someone with this budget and horizon:

1. Which areas would you shortlist around Ghaziabad / Modinagar / Hapur / Meerut Road belt?

2. Are there still good opportunities within Ghaziabad itself around ₹80–85L?

3. Would you prefer a plot or an independent house at this budget?

4. Which upcoming infrastructure/development projects should I look at for a 5–6 year horizon?

5. How would you actually go about finding and verifying such a property?

   (Authority approval, title, land use, RERA, registry, etc.)

Would especially appreciate input from people who live in these areas or have personally bought/sold property here.

Basically, if you had ₹85L today and wanted an authorised plot/independent house around Ghaziabad for both investment and eventual self-use, where would you look?

hi - I had applied for the YEIDA scheme RPS10. it’s been more than 2 months since the draw, but my refund hasn’t been processed yet. No one replies on the official email etc as well.

what to do in this situation? has anyone else also faced this and have been able to solve?

Hi Everyone,
Recently I got a home loan of 70lakhs from Indian Bank at 7.2%
For first month there was only emi deduction
But next month on My loan account an additional separate charge of 1600rs with msg as twds insurance was deducted
When I dug deep I found I might have been added to Group Insurance of Bank and that are the charges
But I haven’t received any document and want to cancel it since it is not shown neither in my outstanding loan amount( only gets deducted monthly in loan account it seems) nor do I have any documents of the same.

Can I cancel it or is it mandotary?

Looking for a DSA who can assist for Home Loan with OD Facility with cashback. If anyone has any leads, please dm.

Basically title.

Consider a scenario for buying residential plot when 2 option is available within budget.

- 600 sq ft within city center

- 1200 sq ft at outskirts of city

What you will choose? Or what you have choose at times, did it worked?

I am exploring Serenity Shores and I see NALA entering into the project from approved plan on rera site. Does anyone know how wide is the Nala?

People know to check for maintenance dues or disputes when buying a resale flat that's already built. Under construction resale is different. The original buyer might still owe the builder money, pending installments, delayed payment interest whatever. When that allotment gets transferred to you the paperwork makes that balance your responsibility now not theirs.

And it's not just a theory. In a real case Laureate Buildwell v Charanjeet Singh the buyer taking over the allotment agreed to pay the seller's outstanding installments as part of the transfer so it does actually happen.

to be clear a seller's debt doesn't automatically become yours just cuz you're buying resale. That's not how it works. What happens is buyers sign the builder's transfer or indemnity paperwork without checking the account first. They take the seller's word that everything's paid up instead of asking the builder directly.

Before you pay the seller anything get these from the builder:

• Latest statement of account for the unit
• How much the seller has paid vs what's shown
• Any pending installments or delayed payment interest
• The builder's formal transfer approval or NOC
• Loan closure statement if the seller took a loan
• Transfer charges and possession related dues
• A clause making the seller liable for anything undisclosed that shows up later

What’s Really Happening at Shikara Heights? (Redevelopment Concerns)

I’ve been following the redevelopment situation at Shikara Heights for a while now, and something doesn’t feel right.

This post is not to accuse anyone blindly—but to bring attention to patterns that residents and observers might want to look into more closely.

🏗️ 1. Lack of Transparency

One of the biggest red flags is the lack of clear communication from the developer and management.

• No consistent updates
• Vague timelines
• Changing commitments

For a project of this scale, residents deserve full clarity, not confusion.

💸 2. Financial Uncertainty

There are growing concerns around:

• Delays in payments/compensation
• Unclear financial structuring
• Questions about fund allocation

When money becomes unclear, trust disappears.

⚖️ 3. Power Imbalance

A lot of residents feel like decisions are being pushed rather than discussed.

• Pressure tactics reported informally
• Limited room for negotiation
• Lack of collective decision-making

Redevelopment should be a mutual agreement, not a forced process.

🧱 4. Delays & Execution Doubts

We’ve all seen redevelopment projects drag on for years. The concern here is:

• No firm possession timeline
• Slow or unclear progress
• Risk of project stagnation

For residents, this isn’t just a project—it’s their home and life stability.

🗣️ 5. Voices Being Ignored?

Some residents have raised concerns, but:

• Are they being heard?
• Is feedback actually being acted upon?

A healthy redevelopment process should include open dialogue, not silence.

🤔 So What Should Residents Do?

If you’re part of this project (or similar ones), it might help to:

• Document everything
• Ask for written commitments
• Consult legal experts before signing anything
• Stay united as a society

📌 Final Thought

Redevelopment can be a great opportunity—but only when done ethically and transparently.

Right now, Shikara Heights raises more questions than answers.

Would love to hear from others involved—what has your experience been so far?

The building looks very well maintained and even better than some of the flats built in the last 10 years , but yeah since its waterfront and its 23 years old i wanted to know what else i shld check . Also the building has not been affected by any flood . ( Pic is from google but somewhat similar)