THE ULTIMATE GUIDE TO BUY, SELL AND RENT YOUR PROPERTY
Whether you are buying your first home, selling an old flat or renting out a property, the process looks complicated from the outside. It becomes much easier when you know the steps, the documents and the common mistakes. This guide covers all three in one place.
PART 1: HOW TO BUY A PROPERTY
Step 1: Set your budget. Decide how much you can pay upfront and what EMI fits your monthly income. Add registration, stamp duty, GST and maintenance to your calculation. The listed price is never the full cost.
Step 2: Shortlist by location and need. Think about commute, schools, hospitals and future plans. Corridors like Sector 65 and Golf Course Extension Road offer a mix of residential, retail and office projects, but the right place depends on your priorities.
Step 3: Verify the project. Check the RERA registration on the Haryana RERA portal, the builder’s delivered projects, and the approvals.
Step 4: Get the paperwork and payment plan in writing. This includes the possession date, payment schedule and all charges.
Step 5: Register the property. Complete the sale deed and registration only after all checks are done.
PART 2: HOW TO SELL A PROPERTY
Step 1: Get your documents ready. Keep the title deed, previous sale deeds, tax receipts, society NOC and loan papers, if any, ready before listing.
Step 2: Price it realistically. Compare similar homes in the same area. An overpriced listing stays unsold for months and can make buyers doubt it.
Step 3: Present it well. Clean, repaired, well-lit homes get better responses. Good photos matter.
Step 4: Screen the buyers. Talk to serious buyers, confirm their payment ability, and avoid handing over documents to anyone without a proper process.
Step 5: Complete the agreement and registration. Get the sale agreement drafted properly and settle taxes and dues before the transfer.
Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.
PART 3: HOW TO RENT OUT OR RENT A PROPERTY
For owners:
- Set the rent by checking similar homes nearby.
- Do police verification of the tenant, and keep ID copies.
- Sign a written rental agreement covering rent, deposit, notice period, maintenance and rules.
For tenants:
- Read the agreement fully before signing.
- Take dated photos of the home’s condition at move-in.
- Get receipts for the deposit and every rent payment.
COMMON MISTAKES TO AVOID - Paying a booking amount before verifying RERA and the documents
- Ignoring the extra costs like taxes, maintenance and registration
- Depending on verbal promises instead of written terms
- Pricing a property by emotion instead of market comparison
- Skipping the rental agreement or police verification
Tax rules for buying, selling and rental income change from time to time, so please confirm the latest rules with your CA before you decide.
HOW TATVAAM ESTATES CAN HELP
Tatvaam Estates works with buyers, sellers and landlords in Gurugram. The team helps you shortlist, compare, verify documents and complete the process with clarity.
📍 319, Emaar Emerald Plaza, Sector 65, Gurugram, Haryana 122018
+91 75030 03311, +91 99991 33013
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