Question 1

What are the most important real estate calculators for home buyers?

Accepted Answer

The most important calculators for home buyers are: Stamp Duty Calculator to estimate registration costs, Home Loan EMI Calculator to plan monthly payments, Home Affordability Calculator to determine budget, Carpet Area Calculator to understand actual usable space, and Rent vs Buy Calculator to make informed ownership decisions. These tools help make data-driven property purchase decisions.

Question 2

How do I calculate total cost of buying property in India?

Accepted Answer

Total property purchase cost includes: Property price + Stamp duty (4-8% of value) + Registration charges (1%) + Brokerage (1-2%) + Legal fees + Home loan processing fees (0.5-1%) + Property insurance + Maintenance deposit. For a Rs 50 lakh property, expect additional costs of Rs 4-6 lakhs beyond the property price.

Question 3

What is a good rental yield for investment property?

Accepted Answer

In India, residential properties typically offer 2-4% rental yield in metro cities, while tier-2 cities may offer 3-5%. Commercial properties provide better yields of 6-9%. A rental yield above 3% is considered good for residential properties in metros. However, evaluate total returns by combining rental yield with expected property appreciation (typically 6-10% annually).

Question 4

How is carpet area different from super built-up area?

Accepted Answer

Carpet area is the actual usable floor space inside your flat where you can place furniture. Super built-up area includes carpet area plus wall thickness, balconies, and your share of common areas (lobby, stairs, amenities). Super built-up area is typically 25-40% more than carpet area. RERA mandates property sales based on carpet area for transparency.

Question 5

Should I buy property or invest in mutual funds?

Accepted Answer

Both have advantages. Real estate offers tangible asset ownership, rental income, leverage benefits (80% loan), and potential 8-12% total returns (rent + appreciation). Mutual funds provide better liquidity, lower entry barriers (Rs 500 minimum), diversification, and potentially 12-15% returns. Most financial advisors recommend diversifying across both based on your goals, liquidity needs, and risk tolerance.

Real Estate Calculators

Buying Costs

Stamp Duty Calculator

Property Brokerage Calculator

Home Affordability Calculator

Investment Analysis

Rental Yield Calculator

Property Appreciation Calculator

House Hacking ROI Calculator

Area Conversion

Carpet Area Calculator

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