Explore the buyer guides
GMADA & LAND POOLING
GMADA LOI: understand the right before the price.
A Letter of Intent is a stage in a scheme—not a promise of a ready home, automatic transfer or an assured investment return.
Read the guide ↗02START HERE
Your first property. A clearer first step.
A practical buying journey—from your requirement to possession and aftercare.
Read the guide ↗03SPACE & MEASUREMENT
Carpet, built-up or super area?
The number in the headline is not always the space you can use.
Read the guide ↗04RIGHTS & RESPONSIBILITIES
Know your rights under RERA.
Registration, payments, delays and defects—in plain language.
Read the guide ↗05GOVERNMENT & APPROVALS
Know which rules apply to your plot.
Near Chandigarh is not the same as within Chandigarh.
Read the guide ↗06DUE DILIGENCE
Documents before money.
A focused checklist for builder purchases and resale transactions.
Read the guide ↗07MONEY & FINANCING
The price beyond the price.
Understand the one-time charges, recurring costs and financial buffer.
Read the guide ↗08VISITS & POSSESSION
A site visit with a purpose.
Look beyond the sales lounge and sample apartment.
Read the guide ↗09COMMERCIAL & INDUSTRIAL
Buying for a business is different.
Match property rights and building services to the activity you intend.
Read the guide ↗10RESALE & TRANSFER
Buying a resale property.
From the seller’s documents to the final handover: make each step clear before you commit.
Read the guide ↗START WITH YOUR QUESTION
Buyer questions,
clearly answered.
Understand the next step before you choose a property.
What should I do before shortlisting my first property?
Start with why you are buying, where daily life or business will happen and what you can comfortably afford in total. Include purchase costs, furnishing and an emergency buffer before deciding the headline budget.
Which documents should I request before paying for a property?
Request the ownership chain and seller’s authority, phase registration where required, land-use and planning approvals, proposed agreement, payment schedule and dues position. Have a property lawyer establish the rights being offered.
Are built-up and super or saleable area interchangeable?
Built-up area is a broader building measurement: check its declared components. Super or saleable area commonly includes an allocated share of common areas, but the exact calculation must be disclosed. These labels are not interchangeable.
What should I include when working out the total property cost?
Begin with the base price and obtain a written breakup of premiums, parking treatment, club charges, maintenance deposits, infrastructure charges and applicable taxes. Identify what is included, excluded, refundable or recurring. Allow for stamp duty, registration, legal review, brokerage, financing, furnishing and an emergency buffer where relevant. The lowest quoted rate is not necessarily the lowest overall cost.
What should I check during a property site visit?
Visit the actual approach road and site. Observe access, drainage, traffic, noise, sunlight, surroundings and utilities. Separate what exists today from what is planned or promised.
Are ATY planning-tool results a final quotation or approved loan terms?
Our planning tools use assumptions you enter. Their results are illustrations—not sanctioned loan terms, a final tax computation or a project quotation.
Introductory guidance, not legal, tax or technical advice for a particular property. Each guide links to its sources. Obtain qualified independent review before committing.
THE LANGUAGE OF PROPERTY
Less jargon.
More understanding.
BHK+
Bedrooms, hall and kitchen; it does not specify room sizes.
+1 / +S / utility+
An extra room or space. Ask whether it is a study, store, staff room or another use.
G+2 / S+3+
Ground plus two upper floors / stilt plus three floors. Check sanctioned use at each level.
BSP+
Base selling price, before separately listed extras.
PLC+
Preferential location charge. Obtain the reason, amount and calculation.
CLP+
Construction-linked payment plan. Read the exact milestones and any time-linked clauses.
Down-payment plan+
A larger early payment. Consider financing and delivery exposure.
Flexi plan+
A mixed schedule; the label alone does not explain your obligations.
EDC / IDC+
External/internal development charges. Ask the basis, issuer and whether included.
IFMS+
Interest-free maintenance security. Check custody, use and refund/transfer terms.
CAM+
Common-area maintenance charges and recurring obligations.
FAR / FSI+
Floor-area ratio/index: a planning control, not a promise of what your plot may build.
Setback+
Required separation from a boundary under the applicable approved plan/rules.
Ground coverage+
The footprint counted at ground level under the applicable rules.
CLU+
Change of land use; confirm whether it is needed and granted.
LOI+
Letter of intent. Read conditions; do not treat it as ownership.
Allotment letter+
Records an allotment and its terms; distinguish it from final conveyance.
Agreement for sale+
Contract setting the transaction terms, obligations and dates.
Sale / conveyance deed+
Instrument conveying specified rights. Review its scope and registration.
Mutation / intkal+
Record-update process following a change; not a standalone substitute for title review.
Jamabandi / khasra+
Land-record and parcel references. Match them to the property and documents.
Encumbrance+
A claim, charge or restriction affecting property.
Freehold / leasehold+
Different forms of tenure; read the rights, term, conditions and transfer rules.
CC / OC+
Completion/occupation certificates. Confirm issuer, scope, conditions and dates. Spell out CC because context can vary.
SCO+
Shop-cum-office. Clarify permitted use and whether sold as a plot, building or floor.
DSS+
Commonly double-storey shop; the authority’s actual allotment and zoning terms control.
Booth+
Small commercial unit/plot format governed by its approved design and use.
EOI+
Expression of interest. It is not proof of approvals or registration.
EMD+
Earnest-money deposit, often for auctions; auction conditions govern refund or forfeiture.
Registry+
Common shorthand for registration. Identify the exact instrument.
Ready to move+
Marketing shorthand. Check possession, services and applicable certificates.
Gross yield+
Annual rent divided by a clearly defined purchase cost, before expenses.
Net yield+
Income after operating costs divided by a clearly defined all-in investment.
CAGR+
Annualised start-to-end value change; ignores intermediate cash flows.
IRR / XIRR+
Return measures that consider the timing of cash flows; assumptions matter.
Liquidity+
Ability to sell at a workable price and within a workable time.
Introductory explanations, not universal legal definitions. Check the agreement and applicable rules for your transaction.