FAQsMost Asked Questions
What makes Save Max different?
At Save Max, we are passionate about properties and people. We offer the best digital technologies and the expertise of a 1250-member real estate team to ensure our clients have a hassle-free experience. Our platform offers over 200,000 properties in India and Canada, and with 20,000+ happy clients, we know we can find the perfect property for you.
How do I avail of Save Max services?
Who are Save Max Franchises?
Our Franchisees are our business partners. They are our Brand ambassadors, expanding our services and reach. They adhere strictly to Save Max’s operating regulations and our Corporate Brand Values – Honesty, Integrity and Trust.
In which cities do you offer your services?
We are headquartered in Gurugram. We are also in New Delhi, Noida, Kolkata, Pune, Chandigarh, Hyderabad, Bangalore, Nagpur, Ghaziabad, Karnal and Ambala.
What kind of properties are listed on your website?
Save Max offers comprehensive residential and commercial properties across India and Canada.
Do you offer home loan services?
Yes, we do. Our banking partners will ensure that you get the best services for your home loan needs.
Who should I contact if I face any issues?
Do contact us using any of these - Log on to https://savemax.in/, call us on 0124 694 0800 or mail us at [email protected]. We promise you someone will help resolve your issues.
What is RERA?
RERA stands for Real Estate Regulatory Authority. This Act enhanced accountability and transparency in housing transactions and real estate. RERA has brought several benefits for buyers, promoters, and real estate agents by boosting investments. RERA regulates the real estate sector and acts as an adjudicating body for speedy dispute resolution between parties.
What is a Builder Buyer Agreement?
A Builder Buyer Agreement (BBA) is a legal document or a contract between home buyers and builders. This mandatory agreement lists all the transaction details between a buyer and the builder, with both parties bound to comply with the terms and conditions specified therein. The BBA safeguards homebuyers against delays, project specifications, price and area changes, interest on delayed payments, and contract violations. Buyers are advised to thoroughly vet the agreements by an experienced lawyer before signing the dotted line for reference.
How do you calculate Stamp Duty fees?
Stamp Duty is usually between 5% -7% of the property’s market value or guidance value per circle rate, whichever is higher. The circle rate is the minimum value at which a property can be sold or transferred, set by the local development authorities or State Governments. The exact amount you pay as Stamp Duty depends on the property’s market value, the type of property with the number of floors, its location, and whether it is intended for commercial or residential use. The gender of the buyer also influences the calculations.
Where can you buy an e-stamp?
Stock Holding Corporation of India Ltd (SHCIL) is responsible for user registration, e-stamping application operations, and maintenance. You can pay stamp duty online and print e-stamp certificates for yourself. You can also get them at the SHCIL-appointed Authorised Collection Centres (ACCs), which issue certificates to the clients at their counters.
What is Registration of Property, and how do you register a property in your name?
All property transactions, such as sales, leases, transfers, or gifts, must be registered with the local sub- registrar’s office. Registration is mandatory and ensures the conservation of evidence, fraud prevention, and property title assurance. The Seller, Buyer and two witnesses should be present at the sub-registrar’s office, along with the mandated property documents, Proof of Identity and Proof of Payment of Stamp Duty.
How is your eligibility for a home loan calculated?
An applicant’s eligibility for granting a home loan depends on the educational qualification, age, experience, current employer, type of job, and the nature of their business. The most important factors are their income and ability to repay the loan with interest. You can club your spouse’s or your parents’ income as co-applicants to improve your loan approval chances.