{"id":5574,"date":"2021-09-13T12:18:14","date_gmt":"2021-09-13T06:48:14","guid":{"rendered":"https:\/\/www.aurobindorealty.com\/?p=5574"},"modified":"2026-03-26T03:24:35","modified_gmt":"2026-03-26T03:24:35","slug":"you-must-consider-additional-costs-before-buying-a-property","status":"publish","type":"post","link":"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/","title":{"rendered":"You Must Consider Additional Costs Before Buying a Property"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<label class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/label>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#Why_Do_Additional_Costs_Surprise_You_Sometimes\" >Why Do Additional Costs Surprise You Sometimes?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#1_Stamp_Duty\" >1. Stamp Duty<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#2_Maintenance_Deposit\" >2. Maintenance Deposit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#3_Registration_Cost\" >3. Registration Cost<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#4_Property_Insurance\" >4. Property Insurance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/aurorealty.com\/blog\/you-must-consider-additional-costs-before-buying-a-property\/#Frequently_Asked_Questions\" >Frequently Asked Questions<\/a><\/li><\/ul><\/nav><\/div>\n<div id=\"bsf_rt_marker\"><\/div><p>For most Indians, owning a plot of land or a house for the family is one of their most prized ambitions. People typically view this as a once-in-a-lifetime purchase and are motivated to go above and beyond to secure a solid piece of real estate. Real estate is by far the most expensive investment that the average person makes, and it is almost always at the higher end of his financial capacity. As a result, dealing with surprises in the form of additional and hidden fees while buying a property becomes especially tough.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Additional_Costs_Surprise_You_Sometimes\"><\/span>Why Do Additional Costs Surprise You Sometimes?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The initial expenditures as reported by the realtor do not include a slew of add-ons that must be paid for, resulting in a budget increase of about 25%. It is more sensible to be aware of the options for <a href=\"https:\/\/www.aurobindorealty.com\/residential-projects\/\" rel=\"nofollow noopener\" target=\"_blank\">new residential projects in Hyderabad<\/a> and to estimate the additional costs that will arise when purchasing real estate. Many customers enter into a contract based solely on the basic price stated by the builder or seller, ignoring various hidden housing expenses such as stamp duty and registration fees, maintenance deposits, property insurance, and so on.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"1_Stamp_Duty\"><\/span>1. Stamp Duty<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Stamp duty is a mandatory cost that the purchaser must pay to the state government in order for the residence to be registered in his or her name. These fees can range from 5-7 percent depending on the state, and the residence will not be registered in your name unless the stamp duty is paid.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"2_Maintenance_Deposit\"><\/span>2. Maintenance Deposit<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Builders typically charge a two-year advance maintenance or maintenance deposit, which is usually categorized under common amenities, parks, and lights. It is levied as a deposit by society members in existing buildings in the event of any possible damage. This sum, like other house charges, can add up quickly depending on the amount of facilities offered or the current maintenance charges.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"3_Registration_Cost\"><\/span>3. Registration Cost<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The court imposes a registration fee, which is typically 1-2 percent, for the full and final signed contract between both the buyer and seller confirming change of ownership. This may appear to be a modest sum, but it adds up.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"4_Property_Insurance\"><\/span>4. Property Insurance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Property insurance protects your financial future in the event that your property is damaged. The cost is minimal, and it provides coverage in the event of title problems, certain damages, or other legal issues. There are several various types of home insurance policies to select from, each with different levels of coverage.<br \/>\nWhile some property charges cannot be avoided, keeping them in mind can assist in making an informed choice and arriving at an accurate projected cost. Kohinoor Project by Aurobindo Realty is one of the few <a href=\"https:\/\/www.aurobindorealty.com\/portfolio\/flats-in-hyderabad\/\" rel=\"nofollow noopener\" target=\"_blank\">luxury residential properties in Hyderabad<\/a> that come equipped with the best amenities, connectivity and features.<\/p>\n\n\n\n\n<div style=\"background: #f8fafb; border: 1px solid #e0e7ee; border-radius: 8px; padding: 18px 22px; margin: 28px 0 0;\">\n<p style=\"margin: 0 0 10px; font-weight: 700; font-size: 15px; color: #0f3460;\">Authoritative Sources Referenced<\/p>\n<ul style=\"margin: 0; padding-left: 20px; font-size: 14px; color: #444; line-height: 1.8;\">\n<li><a href=\"https:\/\/rera.telangana.gov.in\" target=\"_blank\" rel=\"noopener nofollow\">RERA Telangana<\/a> \u2014 Project registration verification<\/li>\n<li><a href=\"https:\/\/registration.telangana.gov.in\" target=\"_blank\" rel=\"noopener nofollow\">IGRS Telangana<\/a> \u2014 Property registration &amp; stamp duty data<\/li>\n<li><a href=\"https:\/\/residex.nhbonline.org.in\" target=\"_blank\" rel=\"noopener nofollow\">NHB RESIDEX<\/a> \u2014 Housing price index<\/li>\n<li><a href=\"https:\/\/rbi.org.in\" target=\"_blank\" rel=\"noopener nofollow\">Reserve Bank of India<\/a> \u2014 Home loan rates &amp; housing finance circulars<\/li>\n<li><a href=\"https:\/\/hmda.telangana.gov.in\" target=\"_blank\" rel=\"noopener nofollow\">HMDA Telangana<\/a> \u2014 Layout approvals &amp; master plan<\/li>\n<\/ul>\n<p style=\"margin: 10px 0 0; font-size: 12px; color: #999;\">Data verified by the Auro Realty Team as of March 2026.<\/p>\n<\/div>\n\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span>Frequently Asked Questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-5574-0\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What are the additional costs when buying a house in India?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Beyond the property price, buyers must budget for stamp duty (5-7% depending on state), registration charges (1-2%), GST on under-construction properties (5%), legal fees, brokerage commission (1-2%), home loan processing fees, interior fit-out costs, and society maintenance deposits. These can add 10-15% to the base property cost.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-5574-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">What is stamp duty and how is it calculated?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Stamp duty is a tax levied by state governments on property transactions. In Telangana, stamp duty is currently around 5-6% of the property value. It is calculated on the higher of the actual sale price or the government circle rate. Women buyers often get a discount of 1-2% on stamp duty in many states.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-5574-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \">Can home loan cover stamp duty and registration charges?<\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Most banks include stamp duty and registration charges within the overall loan amount, typically covering up to 80-90% of the total property cost including these charges. However, some banks may require you to pay stamp duty and registration from your own funds. Check with your lender about their specific policy before planning your budget.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>For most Indians, owning a plot of land or a house for the family is one of their most prized ambitions. People typically view this as a once-in-a-lifetime purchase and are motivated to go above and beyond to secure a solid piece of real estate. Real estate is by far the most expensive investment that [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8204,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-5574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home-buying-guide"],"_links":{"self":[{"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/posts\/5574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/comments?post=5574"}],"version-history":[{"count":7,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/posts\/5574\/revisions"}],"predecessor-version":[{"id":12181,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/posts\/5574\/revisions\/12181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/media\/8204"}],"wp:attachment":[{"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/media?parent=5574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/categories?post=5574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aurorealty.com\/blog\/wp-json\/wp\/v2\/tags?post=5574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}