Frequently Asked Questions

Question about selling

The age of the property or age of construction, is a key factor in deciding the depreciation of a property. You may need to factor it in, especially if you are a seller and are trying to estimate the right price for the property. As already mentioned, the value of land on which the property is built upon does not depreciate. Over time, it only appreciates.

A question that often arises, is why are resale apartment properties usually sold at a higher price? This is because, when you buy an apartment property, you are also buying the Floor Space Index (FSI) of the land upon which the property is built and the cost of land is appreciating. Land is valued at market prices even in the case of an independent house and it is the structure that decreases in value.

An old construction is not as attractive as a new one and therefore, its value dips.

Old homes offer charm, new homes offer higher value…or at least that is what many buyers think. The truth is that value may be in the eye of the beholder. However, here are a few things to think about when discerning value in a new home versus and old one.

Most people would consider a new home more valuable because there should be no major expenses in the first several years of ownership. Unfortunately, almost all the major components of a house have a life expectancy. So, a house that is 30 years old may be equally renovated and just as updated as a new home. The usual big ticket expenses are windows, roof, siding, and HVAC. An older home may be just as valuable as a new home if these features are up to date and concern for maintenance costs is minimal.

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex

To get a home loan sanctioned, you first need to get a pre-approval of your home loan from the bank or financing institution. But pre-approval does not guarantee loan disbursal which hinges on a number of other requirements.
Usually it takes three-four weeks for the loan to get sanctioned. But delay in loan disbursal are often caused due to borrowers’ inability to provide documents related to the property or those relating to his income.
Therefore, it is advisable that before you finalise the deal identify someone who has already availed a loan in the same building from the institution that you plan to borrow from. Also check for pending dues to the society.
Your loan application could be rejected in the absence of any document that proves clear title to the property. It can also be rejected if the necessary approvals for constructing the property are not in place.
Also, if you are self employed, IT returns showing adequate income is crucial and the absence of tax document is often a cause rejection or delay in home loan sanction.

Renters - Application Process

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex

What Is Rental Guarantee ?

Guaranteed Rent also known as Fix Rent  is where a company takes an interest in a property for a period of time from a landlord and guarantees to pay a fixed rent to the landlord. The landlord Signs the invoice and giving consent to opt for the service.

What Is Free Maintenance ?

We aim to make renting your property a hassle-free process. From the minute you sign up to our Property Management services, we will take full responsibility of your property’s utility bills and maintenance (Cleaning, electrical work etc.). Exclude Painting and Plumbing

What Is Property Management ?

 Browku Property Management Services  provide customers, and this includes : find the tenant if you want to let out and Tenant background verification and rental agreement, Rent collection and Bill payment, Quarterly property inspection with pictures, Free  Maintenance.

What Is tenant Verification?

 Our partners help you with tenant discovery for you as per your preference and further a complete Tenant management including but not limited to tenant background check, rent collection, move-in, move-out facilitation, etc.

Browku is a powerful booking platform that lets you run a residential rental business online with no hassle

Newsletter

Browku is a powerful booking platform that lets you run a residential rental business online with no hassle

Newsletter

Compare listings

Compare