A background check can be nerve wracking. We're here to help.
RERA Flats is output of pain and agony that we as individual go through while buying a Dream Home. Buying Dream Home is once in Life Time experience and there is huge amount confusion,anxiety, and miscommunication around it.
Founded in 2017 by dynamic business leaders from Banking, Real estate and Technology, RERA Flats has a single point Objective “Ease of Buying Home” We are focused on the pain area and its solution is in form of RERA Flats, which offer single window solution for Certified, Verified legally vetted Dream Home.
We offer trust and accountability in entire process of owning a Dream Home; we have tried to remodel Real Estate into banking style with our dedicated Relationship Manager, whom we call Dream Home Managers.(DHM).
Our services are available across 6 cities in
We list a range of residential properties classified in
1) Luxury Home – Starts from 2 Crore
2) Premium Home – Starts from 75 Lakhs
3) Budget Home - Starts from 45 Lakhs
4) Nano Home – Start from 40 Lakhs
5) Affordable Home – Start from 10 Lakhs
6) Villa / Bungalow / Second Home – Starts from 15 Lakhs
Our listings are focused only on new projects –
A) Ready to Move
B) Under Construction
We have a dedicated customer care service team, which is available at you 24x7.
You can call them on +91-7021- 99-1617 or mail customer service at service@reraflats.com.
To buy a property through RERAFlats.com, you need to follow the following steps:
We will refund the amount to your account in 15 days.
You would receive a call back from Dream Home Manager within 10-15 minutes of placing your enquiry with us on Website or by calling us between
If the house is held for less than three years prior to its sale, it is termed as a short-term capital asset and any gain arising from the sale is treated as a short-term Capital Gain. There are no tax exemptions for short-term Capital Gains and one needs to pay it according to the applicable tax slab.
TDS- 1% on immovable properties(except agricultural land) exceeding Rs. 50 lakhs.
Stamp Duty - Depending upon state and municipal laws
The buyer needs to pay the following taxes:
The difference between a lease hold property and a freehold property lies in its ownership. In a lease hold property, the ownership remains with the concerned local authority or the government (as the case may be). The lease period varies typically between 30 to 99 years.But, this does not prevent the individual owner from selling or perform other transactions with the property, provided the lease deed is registered.
As per Section 80 C of the Income Tax Act, you are allowed separate deductions on principal and interest amount of home loan amount, along with other entities like ULIP, PF, PPF, E
Home loans are usually accompaniedby the following extra costs:
The interest on home loans is usually calculated either on monthly reducing or yearly reducing balance. In some cases, daily reducing method is also adopted.
You have to submit the following documents:
o Proof of Identity: PAN, Driving license, Voter ID, Aadhar Card
o Proof of Income:
The general eligibility conditions are as follows:
The banks usually offer these nine types of loans on interest:
Apart from the documents mentioned under the home loan section for Indian citizens, NRIs are required to submit a few additional documents as well. These include:
The eligibility is calculated in the same way as it is done for resident Indians with special emphasis on:
To purchase a house which is either ready to move in, under construction or bought from another owner, an NRI is eligible to apply for home loans. Additionally, NRIs can apply for home loans -
In case of residential properties,the repatriation of sale proceeds is restricted to not more than two such properties, if the property was purchased from funds held in an NRE Account.
Any doubts or clarification please feel free to call us on 91-7012991617 of email us your query on service@reraflats.com.