What to expect from a dealer worth using
The property business has a reputation problem, and it is largely earned. It is worth knowing what good looks like before you hand anyone your requirement.
- They ask about your budget and timeline before showing you anything.
- They tell you when a property does not suit you, even though a sale is a sale.
- They are specific about what they have verified and what they have not.
- They raise the lease standing and the dues early, not at registry stage.
- They give you a price range based on recent comparable transactions, not on an asking price.
- They do not create artificial urgency about an offer expiring.
How a transaction usually runs here
- 1Requirement and budget agreed, in writing, so there is no drift later.
- 2Shortlist prepared, including options you may not have considered.
- 3Site visits, grouped to save travel.
- 4Document review: allotment, possession, registry chain, lease standing, dues.
- 5Price negotiated against recent comparables.
- 6Token and agreement to sell, with the conditions that matter written in.
- 7Authority transfer permission where the property is leasehold.
- 8Registry, handover and mutation.
Costs to budget for beyond the price
The headline price is rarely the whole cost, and being surprised at registry stage is avoidable. The components below apply in varying combinations depending on the property and current rules, and the rates change — confirm the current position before you budget.
- Stamp duty and registration, calculated on the higher of the agreed price and the circle rate.
- Authority transfer charges on leasehold property.
- Any outstanding lease rent, maintenance or authority dues on the property.
- Brokerage, on terms agreed in advance.
- Legal fees for document verification.
- For a plot, the construction cost and the time you carry it.