RERA
Real Estate Regulatory Authority. 2016 act jo buyers ko protect karta hai. Har state ka apna RERA portal hai.
Trust Score
Credit Information Bureau India Ltd. Credit score agency. SevaScore for Builders EstateSeva ka proprietary score hai — bank Trust Score se alag.
EMI
Equated Monthly Installment. Loan ki monthly payment — principal + interest.
Carpet Area
Actual usable floor area. Walls ke andar ka area. Always negotiate on carpet area.
Super Built-up Area
Carpet area + walls + common areas ka share. Usually 20-30% zyada hota hai carpet area se.
OC/CC
Occupancy Certificate / Completion Certificate. Builder ko municipality se lena hota hai — possession se pehle mandatory.
EC
Encumbrance Certificate. Property pe koi loan ya lien nahi hai — title clear hai — yeh prove karta hai.
NOC
No Objection Certificate. Society, bank, municipality — sabki NOC chahiye property transfer mein.
Escrow Account
Builder apne project ke funds ka 70% ek dedicated account mein rakhta hai RERA ke under. Misuse nahi kar sakta.
SRA
Slum Rehabilitation Authority. Mumbai mein slum redevelopment ke liye. SRA properties different rules follow karti hain.
LTCG
Long Term Capital Gain. Property 2+ saal baad becho to LTCG tax 20% + indexation benefit.
TDS on Property
Property ₹50L+ ho to buyer ko 1% TDS deduct karna hota hai seller se.
PMAY
Pradhan Mantri Awas Yojana. Affordable housing subsidy — EWS/LIG ke liye ₹2.67L tak interest subsidy.
NRE Account
Non-Resident External account. NRI ka India mein bank account — fully repatriable funds.
POA
Power of Attorney. NRI apne India mein trusted person ko authority de sakta hai transactions ke liye.
FSI/FAR
Floor Space Index / Floor Area Ratio. Ek plot pe kitna build kar sakte hain — local authority decide karti hai.
Demarcation Plan
Property boundaries ka official map. Survey of India ya local authority issue karta hai.
Stamp Duty
Property registration tax. State-wise different — UP 7%, MH 5%, KA 5%. Resale mein bhi lagta hai.