Hidden Costs of Buying Property in India You Must Know
Updated At: 2026-06-29 19:59
Beyond the Sale Price
The sale price is just the starting point. Indian home buyers routinely underestimate the total outgo by 15–25% because of multiple charges layered on top of the base price.
Mandatory Government Charges
- Stamp duty: 4–7% of property value
- Registration fee: 0.5–1% of property value
- GST (under-construction): 5% general; 1% affordable housing
Builder-Levied Charges
- Preferential Location Charges (PLC): ₹100–₹500 per sq ft
- Car parking: ₹3–₹15 lakh per slot
- Club membership: ₹1–₹5 lakh one-time fee
Rule of Thumb
Budget 20–25% over the base sale price to cover all costs.
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