9 Hidden Charges while Buying a Property in India 

Very nicely explained. Thank you!

Thanks , god bless you , it is useful

Nice video Thanks for uploading, helpful for all

There is an IS 3861:2002 Bureau of Indian standards for measurement of Plinth area, Carpet area 3 GENERAL 3.1Linear measurement shall be measured to nearest 0.01 m, and areas shall be worked out to the nearest 0.01 m2. 3.2 The areas of each of the following categories shall be measured separately and shall not be clubbed together: a)Basement; b)Floor without cladding ( stilted floor); c)Floors including the top floor which may be partly covered; d)Mezzanine floor including the additional floor for seating in assembly building/theatre, auditorium, etc; e)Garage; f)Accommodation for service staff; g)Stair cover ( mumty ); h)Machine room; j)Machine room; k)Machine room; 4 MEASUREMENT OF PLINTH AREA 4.1 Plinth area shall be the built up covered areas measured for the categories mentioned in 3.2 and shall include such areas as given in 4.1.1 and exclude the areas are given in 4.1.2. 4.1.1 For the purpose of plinth area, following shall be included: a) Area of the wall at the floor level excluding plinth offsets, if any; when the building consists of columns projecting beyond cladding, the plinth area shall be taken up to the external face of cladding ( in case of the corrugated sheet cladding outer edge of corrugation shall be considered ); NOTE - In case. a common wall is owned jointly by two owners, only half the area of such walls shall be included in the plinth area of one owner. b)Shafts for sanitary, water supply installations, garbage chute, telecommunication, electrical, firefighting, air-conditioning and lifts; c)Stair case; d)In case of open verandah with parapets: 1) 100percent areas for the portion protected by the projections above, and 2) 50 percent area for the portion unprotected from above. e) 100 percent area of the balcony protected by projection above and 50 percent area of the unprotected balcony; and f) In case of alcove made by cantilevering a slab beyond external wall: 1) 25 percent of the area for the alcove of height up to 1 m, 2) 50 percent of the area for the alcove of height more than 1m and upto 2 m, and 3) 100 percent of the area for the alcove of height more than 2 m. 4.1.2 The following shall not be included in the plinth area ( see 2.1 ): a) Area of loft; b) Area of architectural band, cornice, etc; c) Area of vertical sun breaker or box louver projecting out and other architectural features, for example slab projection for flower pot, etc; d) Open platform; e) Terrace; f) Open spiral/service stair cases; and g) Area of mumty, machine room, towers, turrets, domes projecting above terrace level. 5 MEASUREMENT OF CARPET AREA 5. I From the plinth area as worked out in 4, the area of the wall shall be deducted ( see also 5.1.1, 5.1.2 and 5.2 ). Thickness of wall shall be inclusive of finishes. NOTE - The various dimensions could be measured internally or externally. 5.].1 The following shall be included in the wall area: a) Door and other openings in the wall; b)Pillars, intermediate pillars, supports or any other such obstruction within the plinth area irrespective of their location; c)Pilaster along wall exceeding 300 cm2 in area; d)Flues which are within the wall; e)Built-in cupboard, almirah and shelf appearing within a height of 2.2 m from floor; and f)Fire place projecting beyond the face of the wall in living or bed room. 5.1.2 The following shall be excluded from the wall area: a) Pilaster along wall not exceeding 300 cm2 in area, and b) Chullah platform projecting beyond the face of the wall. 5.2 The carpet area shall be the area worked out as in 5.1 excluding the area of the following portion: a) Verandah; b) Corridor and passage; c) Entrance hall and porch; d) Staircase and stair-cover ( mumty ) ( see Note); e) Shaft and machine room for lift; f) Bathroom and lavatory; g)Kitchen and pantry; h)Store; j) Canteen; k)Air-conditioning duct and plant room; and m)Shaft for sanitary/water supply installations and garbage chute, electrical and firefighting, air-conditioning, telecommunication, lift. NOTE - In a hall or basement, areas of portion I m beyond last step shall be part of the staircase. 5.2.1 The carpet areas of category mentioned in 3.2 b), e), g), h), k) and m) are not required to be calculated.

Very Important point is the rates are according to 1Feb 2018 property and market rate . It's changes daily so please check actual date of purchase rates then Calculate rest everything is normal

informative video thank alot sir

god bless you bro.....your videos are so helpful thankyou

very use full appreciate

Very informative and helpful! 👍🏻 Great work!

Good information shared by you. Could you please make a video for NRIs that prefer to buy flats vs villa at tier 2 cities.

Very good information sir thanks so much

Informative video... Best of luck good review

Really nice content. Thanks. Please keep making these knowledgeable videos. 🙏👍😀

Great video sir.Thank you.

Hi Too good information. How can assure builder all taxes paid or not. After possession builder society handover. In that case guide us. Thanks

Thankew Mukul Sir...Very Well Explained.....Full Value Addition...:)

Bro your knowledge is outstanding and worth for millions in India You are working on a must required niche and helpful for others Only one suggestion work on your background wall instead you can put any videos for example videoblocks of property or land that will boost your channel more And give viewer's more interested in watching Good job Keep it up

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Thanks for reply sir🙏🙏

Interesting information. Thank you

thnx... aise hien hlp krte rhna indians ko

Sir lkn kuch buildrs add dete h .k free regatrarion free stamp duty and zero chares.kya y sahi hota h..ya y pisa vo kahi aur cover krte hi..pls ispr video banao..and u explained very vell

sir kindly make a video of cooperative housing pros and cons vs builder project for awareness it will be really appreciable work for knowledge thx sir.

Sir i am praveen . I am buying a readymade house in hyderabad. I want to know do i need to pay gst along with stamp duty and reg charges. Pls clarify

Good help full

Sir ye to under consideration ke bare me hai what about the plot is me bhi hidden charges lagte hankya

Sir...Mhada property ke bareme bataey please

Very nice information

Sir hum plot registry kase or kis se check karaye

Is advance paid recoverable as per rera if we want to back off from the deal

Very nice video sir

Sir apka sujav bahot achchha laga magar jab ham bank me loan lete he to kaya ye sab charges include hoke loan milta he ya sirf basic ke hisab se loan milta he is pe bhi ek sujav dijjye, thanks for your kind attention

Also share some tips and suggestions on how to close deals faster.

sir is it possible to get the registery done on a much lower price to avoid these extra charges?

Sir ap ka gyan kafi practical hai. bohot accha kam kar rahe hai ap.

Thankuh So much Sir

Sir , How do we know these charges ?? Is it mention anywhere in Agreement Document ?? Because in under Construction Property. Sales man never told these Changes.??

Sir..first ye ki bahot bahot dhanyawad.... question ye he ke....NATP se leke plot kharidne Tak ...Kya documents lagte he...true documents kaise pahchane....aur ye sab ek hi video me bataye...thanks ...sir..

Hi sir new flat lene wakt aap ko society charges bharna padta hai kya? Means jese society ke lift ke pese customer ko dena padta hai kya??

Please make a video on builders colloberation

Brother Jo gst charge hota hai Vo basic price ka 12% hota hai ya Other charges milake Jo grand total hota hai uska 12% hota hai If I m taking under construction property*

Sir, flat kharidne ke baad ka monthly charge kitna dena hota hai har mahine. (Security,maintenance,society funds) dena jaruri he kiya !

Hi Sir, Thanks for sharing this very useful information. Appreciate your efforts. Kindly advise me on below, 1.maximum allowed super build up in ratio Vs carpet area. 2. Allowed upfront duration for maintenance charges. Kind regards

yor r very Good teacher sir..keep it up.

So nice. Thank you

Hi i like your content it is quite comprehensive and detailed could you please create some content on Taxation liability on capital gains on real-estate sales, especially for properties which one is holding prior FY2000

very nice and knowledgeable

Sir kon se bulding me flate lena chahiye o.c. collector pass. Cidco. Loadbarring vvmc approve kon sa le bahut confusion detail me banaye sir kyoki.bulder aam logo ko bahut dhoka dete h ispe bhi video banaye please. Mumbai

How to calculate total saleable area? Is the price same for carpet area and balcony area? How to calculate balcony area cost as per RERA guidelines?

Thnk u sir

Thanks sir

I am c g Kalaria , I want to ask after RERA, square feet charges will calculated on carpet area only

Very Nice Information.

buildind ki srtuctural design kaha se sharu karate he. aur kese karate hai real me please bataye??????????

Can a builder charge extra for kitchen otta and bathroom fittings and other fitting in the flat ?

Is all loan approval properties are legal? Sir is par aap video bana skte hai ya answer de skte hai...

nice video sirji

Nice information

I like all ur videos, but Kindly explain in English it ll be useful for me

Your all messages are too much useful...... great job AY jii

Hum ne flat book karvaya hai to. Unhone super build up area. Par. Charges kiya hai Kya ye sahi hai?

Sir mere papa ne ready to use property sale Kiya hai 19lakh me to us per unhe kitna GST bharna honga, Pure saal ka turnover bhi 19lakh h hai. Aur kya w special rate k categoryme aate hai Plz reply sir

Sir plz tell me how to calculate edc and idc for under construction building in haryana

what is difference between proposed plan or existing plan?

Sir What is the monthly charge for owner for his own flat to the society. Secondly what is the idea behind 99 lease of flat. Is it same for all the flats

15/16lac ki to fir 8/9lac hi hogii sir, esko deduct kese kiya jaye ye bataiye... 1thing more bilder 16lac ki proprty par 12lac ki registery chahta h esa q? jbki hm to 16lac hi pay kar rheyn h mtlb baki uski pocket mei ... pls clearify me

Sir sell deed and lease deed or video banao

I have some savings of 45 lacs and i want to buy my first home in delhi or gurugram before my marriage. As real estate are at its low so what should i opt for flat or plot? I don't have any fixed income so I don't know how much money I'll make on monthly basis it can be in between 1000-2,00,000 so thats also a case. Need some good schools near property and some basic facilities.

sirf underconstruction ka btaya aapne, kya aap ek video bna sakte lottery wali properties k liye, esp lda ki

If I purchasing home through loan and property basic rate is 300000 then how much I have arrange in mumba

Sir plz Mahada in Maharashtra Mumbai ka kuch bayaye mahada scheme

Thanks

Thank you

Sir want a video on property transfer by gift deed to family relations & third person , what procedure & stamp duty guide

Sir ager CS property kahridhta hai to kya vo kudh legal charges ka kaam ker sakta hai ?

now also builders quote price on the basis of super build up area instead of carpet area... making law alone won't protect consumers...a provision to detect and punish such offenders should be implemented

Reday to move vala same banado sir..bcz bahot sare cost ka pata hi nahi hota...50 lac ki property 60 tak chali jati hai...

Good explanation

Sir.. I am to take possession of my flat and it has been 2 years since he offered the possession, but I could not take it because some short of funds at that time. Now builder is asking for maintenance cost of all those 2+ years which is a very good amount. Is it legal? Can I refuse to pay? If yes, under which specific law?

Hi Sir, please let me know is the GPA holder from owners side can sale and do the registration of the owners property.

Sir sir ap sachi mahan ho jai ho ap ki

Sir maine ek agriculture land cricle rate se kam per kreda tha or stamp duty cricle per diya h Income tax ka notice ayaa toh kya krna chahiye

Sir , if we purchase property which is under construction we should pay GST. Is it best to purchase ready property where there will be no GST. and we can also save cost.

Can you tell me about hidden charges in Chandigarh city sir. Your videos are providing the guidelines for investors 🌹🌹🙏🙏

Aur ek charge hai sir. If basic cost is 50 L or more, then a TDS of 1% will be levied.

Sir i am fan your broker banay ka upai bataeay

why every builder OR brokers keep asking, ... you are buying home for investment or staying .. why ???

Dear sir hm eik ghar buy karny ka baat kiye to woh room ready hai bus thora sa kam due hai .. magar woh mera relationship me magr kuch paisa phly deny hoga uska 10/ 15 din ka under me hmko room mil jaye ga kya aisa arena sahi hai ??

In your opinion, which is the best location to buy commercial property right now?

sir koi v flat ho uska kch to validity hoti hogi kyuki flat to 60 saal k baat to kamjor ho jayegi fir flat for se banane ki jrurat padegi to kon haneyaga fir se

Hello sir.... I want purchase old flat... Valuation of flat 1384323/-.plz tell me total cost of registration and GST?

can these charges be avoided???please reply

Kindly make 1 video on kolkata real estate market. I m a real estate professional based in kolkata.

Sir land purchase pe stamp duty and regiateration ke alawa konse charges lagte hai in mumbai ... when the land for purchased for residential purpose

Sir please help me in this question. My seller is in out of the country. But he need to sell his property. Without coming to registration office is it possible to sell that property. When I asked that seller. Seller said, I will sign the paper through embassy office and will courier it to you (buyer ). Then buyer should go to registration office and to do further arrangements as seller said. Is it possible sir. Due to corona. Seller not able to come. Please help me with it. How to do this.

Good job

How to know input tax credit from builder and ensure he passes benefit to buyer

Sir how can contact you for more information about edc an idc….

Well done 😎😎😎

Ok