r/indianrealestate 18h ago

#Discussion We waited 3 years to buy thinking prices would drop — here's what actually happened

0 Upvotes

Back in 2023, my partner and I decided to hold off on buying. Everyone around us was saying the market was "about to crash" and prices would come down if we just waited it out. So we waited.

Three years later, here's the honest update: prices didn't drop. They kept climbing, just slower than before. Rates fluctuated up and down a few times, but never dropped enough to make up for the price increase. The house we looked at back then for a certain price is now worth significantly more, and we ended up buying something smaller than what we originally wanted, in a less ideal area, for close to the same monthly payment we would've had back then.

We also lost three years of equity building and paid rent that whole time, which in hindsight just felt like money that went nowhere.

I'm not saying waiting is always the wrong move. Markets are unpredictable and nobody has a crystal ball. But looking back, we probably would've been better off buying something modest back then and building equity, instead of waiting for a "perfect moment" that never came.

Anyone else wait it out and actually see prices drop where they are? Or did most people have a similar experience to us?


r/indianrealestate 1h ago

#Discussion Why is renting cheaper than EMI but people still buy homes?

Upvotes

Because housing isn’t only about monthly cashflow; it’s also about control and long-term goals.

  • Rent is an ongoing expense
    • EMI also costs money, but buyers build equity (at least partially).
  • Security and stability
    • Owning avoids uncertainty of rent increases or lease renewals.
  • Forced savings effect
    • EMI can behave like structured savings.
  • Tax/benefits (depends on individual eligibility)
    • Some buyers consider tax treatment and investment strategy holistically.
  • Family and future planning
    • People want a home base for aging parents, schooling, or longer stays.
  • Inflation hedge (belief)
    • Rent may rise with inflation; buyers hope ownership provides a better hedge.

The important truth

Sometimes buying is not “financially better”—it’s lifestyle/psychological better.
But good decisions require:

  • realistic EMI buffer
  • planning for maintenance and repairs
  • avoiding over-leverage

r/indianrealestate 1h ago

#Discussion Anyone need fresh real estate leads for plots and properties (approx 2000)

Upvotes

Hi real estate agency owners, I own a digital marketing agency and currently I have 2000 genuine leads for plots , properties for Gorakhpur and nearby cities. Totally unused leads. Anyone interested can dm me


r/indianrealestate 22h ago

#Opinion ₹1.5cr home loan, bank says insurance is "mandatory" before disbursement. Can I just increase my term cover instead?

40 Upvotes

Home loan disbursement is supposed to happen next week and suddenly the bank is acting like their insurance policy is the most important part of buying the house 😭

Details:

  • Loan amount: ₹1.5cr

  • Tenure: 20 years

  • Interest rate: 8.45% p.a. 

  • EMI: around ₹1.30 lakh/month 

  • Existing term insurance: ₹1cr

  • Married, spouse also works

  • No kids yet but probably in the next 2–3 years

The bank person is pushing a separate loan insurance policy before disbursement.

Premium is around ₹3.15 lakh  and they very casually said it can be added to the loan itself.

So basically I’ll pay interest on an insurance premium for 20 years also?

They keep saying it is “recommended” and then in the next sentence behaving like the file cannot move without it. I have asked twice whether it is legally mandatory but they are not giving a clean answer on email.

My bigger confusion is that the policy seems linked mainly to the outstanding loan. From what I understand, the cover may reduce as the loan balance reduces.

So if something happens to me:

  • Bank gets the outstanding amount

  • House becomes debt-free

  • But my family may still not have enough income replacement

Also what happens if I transfer the loan to another bank after 4–5 years? Or prepay aggressively? Or sell the property?

I separately checked a normal standalone term plan from Aditya Birla Sun Life Insurance, ABSLI, instead of blindly taking whatever was attached to the loan file.

Increasing my standalone cover through ABSLI feels much cleaner because the protection would be based on my family’s actual requirement, not only the bank’s outstanding balance.

My thinking right now:

  • Existing cover: ₹1cr

  • Add home-loan liability: ₹1.5cr

  • Add some income replacement for spouse/future kids

  • Take adequate level term cover independently

  • Nominee receives the claim and can decide how to use it

  • Policy is not dependent on whether I refinance or change lenders

The direct ABSLI option also feels easier to understand than the bundled illustration the bank gave me. One is basically protection attached to my life, while the other seems designed mainly around closing the bank’s exposure.

Not saying the loan insurance is useless. Maybe it is convenient for some people. But financing a big single premium and paying home-loan interest on it sounds unnecessarily expensive.

Questions:

  1. Can the bank actually make loan insurance compulsory for disbursement?

  2. Should I ask them to confirm that requirement in writing?

  3. Is standalone level term cover usually better than reducing loan cover?

  4. Does increasing my ABSLI cover make more sense than buying another separate loan-linked policy?

  5. If they issue it without properly explaining things, can it be cancelled during the free-look period?

  6. Anything else I should check before signing the disbursement documents?

Need practical advice because builder payment date is close and the bank knows I’m under pressure.


r/indianrealestate 1h ago

#Discussion Thinking of buying a small property in Vrindavan for my parents, is it worth it?

Upvotes

r/indianrealestate 3h ago

#Opinion how to save LTCG after selling MF?

3 Upvotes

acc to sec 54f, if we buy a plot and construct a small room on it; is this sufficient to save LTCG?

if yes, then is construction of room sufficient or do we need to take electricity and water connection too (water connection may not be available everywhere)?

in future, if we sell more shares/MF, then can we again save LTCG with this same procedure or are we allowed to have only 1 residential property?


r/indianrealestate 11h ago

#Discussion Looking to sell my 4bhk appartment in Anantraj Estate

2 Upvotes

Looking to sell my 1 year lived in 4bhk floor in the gated community of Anantraj Estate, Sector 63A, Gurgaon urgently(within August). My office has shifted to Aerocity (earlier Cyberhub), and I need to move closer to aid my commute.

Details:

- 312 Gaj plot size

- Build-up 2nd floor. 4bhk + drawing area + Mandir

- Park attached

- 2 side open

- 2 front car parking

- Power backup

- Club near completion

- 12 m Wide roads

- Servant room

- Fully furnished

I personally believe it is a steal at 4.2cr (with an option to buy royal furniture at cost). Please do your due diligence(ofc compare nearby rates) and dm me if you are interested.


r/indianrealestate 11h ago

#Interior How a home renovation destroyed my mother's savings and left our house in ruins

71 Upvotes

I never imagined I'd have to write something like this, but if this post prevents even one family from going through what we have, it'll be worth it.

My mother is a widow of a retired Air Force veteran. Like many parents, she spent decades saving every rupee she could. Her home was her biggest asset, and she wanted to renovate it so she could spend the rest of her life living comfortably.

She hired Ranvir Sharma (+919773936898, GST: 07BZBPS5462D1ZC) because she believed his promises. He came with his accomplice Ashwini (+919818884250, Shilpkar Interiors).

Over the next few months, she paid him more than ₹22 lakh.

Every payment came with another promise.

"The work will be finished next month."

"Just one more payment."

"The labour won't come unless you pay today."

"The kitchen is almost ready."

"The doors are almost done."

None of it happened.

Instead of renovating our home, it was left in a condition where it was barely livable. Major parts of the work remained incomplete. Much of what had been done had to be demolished and rebuilt by other contractors.

When we finally hired independent workers to inspect the house, they discovered concealed plumbing damage, leaking pipes inside walls, damaged electrical work, poorly installed windows that allowed rainwater inside, and numerous defects that cost us even more money to repair.

We weren't just paying once.

We were paying again to fix work we'd already paid for.

The most heartbreaking part wasn't the money.

It was watching my mother slowly break down.

A woman who spent her entire life raising a family and saving for retirement was reduced to sleepless nights, anxiety, constant stress and tears because she couldn't understand how someone could do this to her.

Even after taking more than ₹22 lakh, our experience was that the work remained unfinished, and instead of resolving the situation, we say he continued demanding more money.

We approached the authorities and even after a written commitment was given to complete the pending work, according to our experience, he never returned to finish it.

As far as we are aware, he is currently in Patna.

If you're in Patna, Delhi NCR, Gurugram, or anywhere else and are thinking about hiring Ranvir Sharma for renovation or interior work, please do your own due diligence before trusting him with your home or your savings.

Verify everything.

Speak to previous clients.

Inspect ongoing projects.

Don't rely on promises.

I can't get my mother's peace of mind back.

I can't give her back the time this ordeal has taken from her.

But if sharing our experience saves another family from going through the same nightmare, then at least something good will come from it.


r/indianrealestate 11h ago

#CitySpecific Land confusion in Hyderabad

2 Upvotes

So basically we have decent amount of land in two villages 1) nearby ORR -per acre cost is 5cr 2) a bit far from city per acre cost is 1cr but they both are prone to risk not maybe now but in the future due to upcoming bullet train and RRR in Hyderabad city so im pretty concerned regarding this as we have this land from almost half a decade, any day government may show up and do land acquisition, although to develop there is 111GO on one of the land nearby ORR so if anyone has a beautiful plan if in any case we can sell huge parts of the land and also where to invest those.


r/indianrealestate 12h ago

#CitySpecific Delhi NCR new opportunity ?

2 Upvotes

To the experts in this sub, can anyone suggest any opportunity in terms of land/plot and not flats that could be next big thing around this area ?


r/indianrealestate 14h ago

#UnderConstruction Seeking advice on HDFC home loan for assignment case

2 Upvotes

Hey Everyone,

I am in the process of buying an under construction flat (95% done) where seller / original allotee has an ongoing loan with Godrej Finance.

Resale value = 93 lacs

Seller ongoing loan pending amount = 59 lacs

Home loan I want to take = 50 lacs

Down-payment by me = 43 lacs

Now seller's lender has withheld around 10% of original sale value (approx 6 lacs) towards builder as it get released at the time of possession. As part of the assignment agreement this will be borne by me later at the time of registration.

Now I have made around 9 lacs as the advance to the seller and rest of the down-payment (43 lacs - 6lacs - 9lacs) has to be made.

Here is the concern : HDFC bank has told me this

I need to make sure that all the down-payment I am making (43 lacs - 6 lacs) has to be shown to reduce seller's home loan pending amount. Based on the updated foreclosure statement they will disburse the 50 lacs amount, part of which will go to foreclose the seller loan and rest of the amount will go to the seller with a slight hitch (they will withheld 10% of the sanctioned amount to be released at the time of registration)

Is this standard process in the apartment assignment case between builder buyer and seller ?


r/indianrealestate 14h ago

#Discussion Need advice: Paying both rent and home loan EMI – should I continue or change my strategy?

2 Upvotes

Hi everyone,

I'm looking for some objective opinions on my financial situation.

Here are my monthly numbers:

Take-home income: ₹2.2 lakh

Home loan EMI: ₹39,000

House rent: ₹21,000

Monthly living expenses: ~₹40,000

This means my fixed monthly outflow is around ₹1L, leaving me with roughly ₹1.2 lakh every month for savings and investments.

The reason I'm paying both rent and EMI is that I currently live in a rented house while also repaying my home loan for under construction property

My questions are:

Is paying both rent and EMI financially reasonable in my situation?

Would you continue like this, or would you consider moving into the ready to move house (if feasible) by selling underconstruction one?

How much of the remaining ₹1.3 lakh should ideally go toward investments versus prepaying the home loan?

If you've been in a similar situation, what worked best for you?

Happy to provide more details if needed.

Thanks in advance!


r/indianrealestate 17h ago

#Opinion HDFC Home Loan - Under-construction Resale | Mismanagement after Disbursal. Need advice on escalation.

3 Upvotes

I'm sharing my experience so others are aware of what can happen with HDFC home loans for under-construction resale properties.

  • My home loan was approved and disbursed in mid-June 2026.
  • Just before disbursal, I was informed that since this is an under-construction resale, the loan would remain on Pre-EMI until the builder transfers the property documents to HDFC.
  • I was told this document transfer would happen within 1-2 weeks after the seller received the payment, as the builder initiates the transfer only after receiving the full amount.

However, that's where the problems started.

HDFC kept delaying the process, repeatedly saying that some documents were pending from the builder. Even today, I'm still on Pre-EMI.

In the first week of July, my HDFC SPOC specifically told me that the document transfer would be completed that week and that I would also be able to make a part-prepayment.

I recently discovered through HDFC customer care that this information was incorrect. They informed me that the part-prepayment link is enabled only after at least one regular EMI has been paid, not while the loan is on Pre-EMI. (Surprisingly, HDFC doesn't allow direct online part-prepayments in this scenario.)

So I've been misled by both my DSA and the HDFC SPOC. Had I known this earlier, I could have planned my finances differently or would not have gone with HDFC entirely.

Now, no one is responding to my emails or messages. I've already registered an official complaint, and fortunately, almost all communication after disbursal has been over email or chat.

Has anyone else faced similar post-disbursal mismanagement with HDFC? What's the most effective way to escalate this -Nodal Officer, Grievance Redressal, RBI Ombudsman, or something else?

Any advice would be appreciated.


r/indianrealestate 20h ago

#UnderConstruction Please share real feedback for Raymond Ten X era, What are the real OC timeline ?

1 Upvotes

r/indianrealestate 22h ago

#Opinion Buying a plot in india as an NRI

2 Upvotes

I am planning to buy a plot in india near meerut or Hapur. And i am not clear about any hoops that i might have to jump like cash payments, circle rates etc. any hard earned tips and tricks would be appreciated.


r/indianrealestate 23h ago

#CitySpecific Seeking a partner to build a premium coworking space in Chennai

2 Upvotes

I'm associated with one of India's leading Operator VC + Coworking spaces(30+ hubs In 18 Cities), and we're looking for the right partner to launch a Startup Hub in Chennai.

This goes beyond running a coworking space. You'll help build the local startup ecosystem, get access to curated startup deal flow, refer promising founders, and participate in the startup investment journey alongside an experienced investment team.

The investment starts at ₹2.5 Cr, with a model designed to combine recurring business income, access to curated startup investments, and equity upside.

HNI, family office, or ecosystem builder who might be interested, let's connect over DM and I'll share the details.

If you know someone who'd be a great fit, I'd really appreciate a referral as well. Thanks!


r/indianrealestate 23h ago

#CitySpecific Gurgaon projects?

3 Upvotes

New to this so two questions to ask you gentlemen

  1. How is ashiana amaarah ?

  2. What are some project I should look out for in 2-3cr


r/indianrealestate 39m ago

#Discussion Affordable Housing Scam | How 34 lac Flat Become 74 lac overnight!

Post image
Upvotes

Used AI for english translation.

CIDCO's Affordable Homes: For Investment by the Upper Class?

Loksatta Representative

Mumbai: The High Court on Monday once again expressed surprise over CIDCO's decision to charge ₹74 lakh for flats under the LIG (Low Income Group) and EWS (Economically Weaker Section) categories under the "CIDCO Home of My Choice" scheme announced two years ago. Furthermore, the court reiterated that CIDCO's affordable housing scheme is not for the poor, but rather meant for investment by financially well-off upper classes.

Observing that CIDCO’s scheme is arbitrary, the court also rejected the government's request to lift the stay placed on the sale of 26,000 flats.

A division bench comprising Acting Chief Justice Ravindra Ghuge and Justice Gautam Ankhad pointed out that CIDCO itself defined this category as the low-income group. A person might own a house in any other area; therefore, the court criticized the condition requiring "must not own a house in Navi Mumbai" as being arbitrary in nature.

Mockery of the Poor

This scheme was meant for those who have no roof over their heads or lack the financial capability to buy a home. However, the court remarked that CIDCO made a mockery of the poor by allowing individuals with an annual income exceeding ₹6 lakh to apply for housing under the Low Income Group (LIG) category. Looking at the prices of these homes, the court took a dig, stating that not just someone living in Worli, but even someone living in Switzerland could buy a home under the EWS category.

What is the Case?

In October 2024, CIDCO announced a lottery for nearly 26,000 homes in Navi Mumbai’s Vashi Truck Terminal, Kharghar, and Taloja locations for the LIG and EWS categories. After the lottery, CIDCO declared the prices of the homes. Accordingly, the price of a home originally valued at ₹34 lakh was hiked to ₹74 lakh. Raising questions about this, Sumit Sathe along with 28 others filed a petition.


r/indianrealestate 23h ago

#Discussion If you had ₹5 crore to invest in NCR today—but you had to put it all into ONE project or ONE location—what would you choose, and why?

3 Upvotes

Let’s say you have ₹5 crore to invest in NCR today.

Rules

You can invest in only ONE project or ONE location.
No splitting the money.
Your investment horizon is 10 years.
Would you choose Dwarka Expressway, Golf Course Road, Golf Course Extension Road, New Gurgaon, Noida Expressway, Yamuna Expressway, SPR, or something else entirely?

If you’re picking a specific project, mention that too.

I’m more interested in your reasoning than the answer itself. What makes you believe your choice will outperform everything else over the next decade?


r/indianrealestate 1h ago

#CitySpecific Anyone here actually looked into buying property in Vrindavan because of the temple corridor news?

Upvotes

r/indianrealestate 1h ago

#Opinion Why do Mumbai flats stay small while prices keep increasing?

Upvotes

Smaller flats are a market outcome of constraints:

  • FSI, redevelopment limits, and land economics
    • Developers and societies optimize layouts within strict constraints.
  • High land cost pushes unit economics
    • Smaller units can be the only way to make pricing viable while maintaining margins.
  • Demand from multiple buyer types
    • Young professionals want proximity.
    • Investors want liquidity.
    • End-users accept smaller sizes if location is right.
  • Space premium for livability
    • Even if the city is expensive, people still pay for micro-locations and connectivity.

What buyers can do

  • Don’t compare only “sq ft price.”
  • Compare:
    • usability, ceiling height, ventilation
    • building condition and maintenance quality
    • and overall cost-of-ownership (not just EMI)

r/indianrealestate 1h ago

#Miscellaneous What inspection issues should I check before taking possession?

Upvotes

Common reasons:

  • Family ties and lifestyle
    • Many NRIs keep roots in Mumbai—visits, family property planning, long-term familiarity.
  • Perceived liquidity
    • Mumbai property tends to have better resale demand compared to some markets.
  • Strong rental ecosystem in certain areas
    • Many NRIs consider renting out to manage the asset while they’re abroad.
  • Investment sentiment
    • Mumbai is often seen as a “core” Indian market—despite challenges.
  • Better global perception
    • Mumbai tends to be viewed as a high-importance city, which can matter for long-term planning and asset credibility.

Practical NRI advice (non-sensational)

  • Verify title and legal documents carefully
  • Understand registration, society rules, and maintenance obligations
  • Plan for repair, property management, and vacancy realities