Property Affordability CalculatorIndia 2026 — True Budget with All Costs

Beyond the property price, budget for stamp duty (6–7%), registration (1%), GST on under-construction properties (5%), legal charges (₹15,000–30,000), home loan processing fee (0.5–1%), society maintenance deposit and interior costs. Total extra can be 10–20% of property value.

GST at 5% applies only to under-construction residential properties. Ready-to-move-in properties where the occupancy certificate has been issued are exempt from GST. Commercial properties attract GST at different rates.

RBI mandates minimum 20% down payment for properties above ₹30 lakhs (80% LTV ratio). For properties below ₹30 lakhs, up to 90% loan is permitted. Additionally, stamp duty and registration must be paid separately.

Financial advisors recommend keeping total EMIs under 40% of net income, with housing EMI ideally under 30%. This leaves room for savings, investments and emergencies. Going above 50% creates financial stress.

Ready-to-move: no GST, no construction risk, immediate possession. Under-construction: lower price, GST at 5%, delivery risk, longer wait. If the developer is RERA registered, under-construction can offer 15–25% cost advantage.