What I Need To Know About Buying My First Home [ 2025-2026 ]

: Aim for 20% to secure better interest rates and minimize loan burdens.

: Budget an additional 5–8% for stamp duty and registration fees, plus 1% to 5% for GST on under-construction units. what i need to know about buying my first home

Most first-time buyers mistakenly equate the property price with their total budget. Experts suggest you need roughly in liquid cash before starting: : Aim for 20% to secure better interest

: A CIBIL score of 750+ is the current benchmark for unlocking the lowest interest rates (typically below 8.50% p.a.). 2. The Legal Checklist: Non-Negotiables which are often overlooked until possession.

: Reserve 10–15% for interiors, which are often overlooked until possession.