Consider factors such as location, size, layout, condition, amenities, neighborhood, proximity to schools, shops, and transportation, as well as potential for future appreciation and resale value.
Property registration involves submitting necessary documents to the local sub-registrar office, paying stamp duty and registration fees, verifying documents, signing the sale deed, and obtaining the registered document confirming property ownership.
Home loan eligibility criteria include factors such as income, credit score, age, employment status, and property value. Documentation requirements typically include identity proof, address proof, income documents, property documents, and bank statements.
Government schemes such as Pradhan Mantri Awas Yojana (PMAY), Credit-Linked Subsidy Scheme (CLSS), and affordable housing initiatives offer subsidies, tax benefits, and financial assistance to eligible first-time homebuyers. Understanding eligibility criteria and application procedures is essential for availing these benefits.
