The standard downpayment is 9.9% of the apartment cost. However depending on the bank schemes available in our various projects and subject to your home loan eligibility, the minimum own contribution downpayment can be as low as 3% of the apartment cost, post which you can avail a bank loan by registering your apartment. Stamp duty and registration costs will need to be paid over and above the downpayment.
- Which ITR form should I file if I have a capital gain on the property?
- Do I need to immediately pay the capital gain tax?
- Do I need to pay capital gains tax on inherited property?
- Can I claim a deduction for interest paid on a home loan while calculating capital gains?
- How is the capital gain calculated in the case of joint ownership of property?
- Are there any specific instructions that residents should keep in mind?
- How often does this system need maintenance?
- What to do if residents experience any issues with the water supply?
- What happens if there is a power outage?
- Is GST refundable if I cancel my booking?
- Is GST applicable on resale flats?
- How to avoid GST on flat purchases?
- Are smaller configurations easy to resale?
- Can the BHK configuration change over time?
- As per the Vastu, which is the best corner of a flat?
- How important is the direction of the main door in Vastu for an under-construction property?
- What happens if the home is not Vastu compliant?
- What plants can I keep at the entrance of my house?
- Is a 7/12 extract required for availing loan from banks for land related purposes?
- Is a 7/12 extract the same as a property title or ownership certificate?
- Is it mandatory to have a 7/12 extract for all lands in Maharashtra?
- What happens if the 7/12 extract is lost or damaged?
- How does women’s property ownership affect their heirs’ rights in India?
- How can owning property in a woman’s name increase her credit score?
- Is the construction-linked payment plan a better option?
- Can I negotiate the terms of a construction-linked payment plan?
- What are some challenges of developing a greenfield project?
- What are some examples of greenfield projects in Mumbai?
- What is the difference between greenfield and brownfield development?
- What is a greenfield site?
- Is car parking included in the carpet area?
- What is the best area metric to use while comparing flats?
- Can builders sell on the basis of built-up area or super-built-up area?
- Which areas are covered under the RERA Carpet area?
- What is the difference between fit out possession and OC?
- Can I sell my house if the building does not have an occupancy certificate?
- Can a developer ask me for 100% payment without an occupancy certificate?
- What is the difference between the Occupation certificate and commencement certificate?
- What is the difference between commencement and encumbrance certificate?
- What is the difference between the Commencement certificate and completion certificate?
- How can I find and check the commencement certificate of a particular project?
- How do I book an apartment?
- What is the minimum amount of self contribution required?
- Do banks fund GST, other charges, stamp duty in their loan?
- What is pre-EMI? How is it calculated?
- What is the maximum amount of home loan funding I can get for my flat?
- How can I apply for a Home Loan and which banks can I apply with?
- What is Pradhan Mantri Awas Yojana (PMAY) and how do I check if I am eligible for PMAY benefit on my apartment?
- How do I calculate my loan eligibility?
- Can I self-fund the entire apartment?
- What are the taxes on other charges?
- What are share of expenses towards society formation and legal charges?
- What are MSEB/MJP charges or electric and water meter charges?
- What is clubhouse membership charges and what are clubhouse usage charges?
- What are infrastructure/development charges?
- What is the difference between advance maintenance, advance maintenance deposits and corpus fund?
- What are ‘Other Charges’ and when do I have to pay them?
- Is car parking chargeable?
- What is agreement value and how is the agreement value computed?
- What are the components of my cost sheet?
- How do I select my Apartment?
- What is the RERA carpet area of my apartment? What is the difference between RERA and useable carpet area?
- How do I check the approvals and approving authority details?
- How do I check RERA details of the project?
- What can I do with the customer portal?
- How do I sign up for the customer portal?
- How do I access the customer portal?
- Will I get any benefit if I book another Marathon property?
- How can I refer a friend or relative to a Marathon property?
- Will I get any benefit if I refer any friend or relative who does the booking?
- What happens in case possession of my flat is delayed?
- When does the society get formed?
- What if I have to start fit-outs before receiving final possession?
- What are the formalities I need to complete before taking the possession handover?
- What are the taxes on other charges?
- What are share of expenses towards society formation and legal charges?
- What are MSEB/MJP charges or electric and water meter charges?
- What is clubhouse membership charges and what are clubhouse usage charges?
- What are infrastructure/development charges?
- Why am I being billed for maintenance even though I have paid maintenance deposits?
- Will I be charged maintenance even if I’ve not taken possession of my flat?
- When do I start getting billed for maintenance?
- What is the difference between advance maintenance, advance maintenance deposits and corpus fund?
- When do I have to pay the other charges?
- What are ‘Other Charges’?
- How do I raise a complaint or share feedback?
- How do I change my address or contact details provided to Marathon?
- Can I visit the site to check the construction status?
- How can I view and check past demand letters and receipts?
- Will I be assigned a Relationship Manager from Marathon?
- Do you guarantee that the price of the units in the project will not decrease?
- Is there a lock-in period before I can sell or lease my flat?
- What are the cancellation charges?
- What is the process for cancellation?
- What are the documents I will be receiving from you in case I am availing of a home loan?
- Can I pay my stamp duty in installments?
- Will you directly intimate my banker about demands?
- What if I want to pay the demand amount partially via bank loan and partially via self-funding?
- Is it mandatory for me to have a home loan sanction before registration?
- I have a loan eligibility of 70%. Do I have to pay 30% upfront?
- What is the minimum amount of self contribution required?
- Do banks fund GST, other charges, stamp duty in their loan?
- What is the maximum amount of home loan funding I can get for my flat?
- Can the co-owner of the flat also claim tax benefits?
- My flat is still under construction. Can I claim tax benefits?
- What are the tax benefits I can avail with a home loan?
- Which bankers can I avail a Home Loan from?
- How can I apply for a Home Loan?
- I am self-funding my flat. Do I still have to register my flat?
- Is it mandatory for me to be present for the registration? What if I am unable to be physically present there?
- I have booked my flat but not received a notification regarding registration
- How do I pay the stamp duty charges?
- What are the charges involved in registering the Agreement for my flat?
- What is the process for registering my flat?
- Why do I have to pay stamp duty and registration amount to register the Agreement for my flat?
- Can I visit the site to check the construction status?
- How can I view and check past demand letters and receipts?
- What if I want to pay the demand amount partially via bank loan and partially via self-funding?
- What is the GST rate for my flat?
- I am unable to make a payment right now. What are my options?
- How do I make TDS payments?
- Do I need to deduct TDS?
- What are the penalties for late payment of dues?
- When will I get the receipt for the payment made by me?
- Do I need to issue two separate cheques for tax and flat cost?
- How can I make payments?
- What is the period within which I have to make payments towards the demands?
- How will you notify me of demands?
- What are the contents of a demand letter?
- When will I receive a demand for payment?
- I’ve just booked a Marathon home. What are the next steps?