Frequently Asked Questions

FAQ Interio Global

We understand the requirement of your dream home, a pretty home to your own. A home is a destination to love, memories, friends always belong, and laughter that never ends where the walls embrace memories, the ceilings shelter love, laughter, and peace your crave. We want to be a part of a joyful journey to your home suite home.

We give back to the community- The listings of the properties are completely free. Now get connected to your fruitful clients without spending a penny. Moreover, over a million buyers visit us every month, giving a huge platform to meet your valuable customers. 

As a rapidly growing company in the real estate sector, we believe in delivering a robust platform to our customers, so that they can get a trustworthy platform for a secured investment.

Our clear vision is to reach a point where style meets luxury. And Interio Global connects to the excellent and luxurious properties with a very economic approach. So that you don’t compel to compromise with the standards of luxurious living.

We offer services in almost every city in India and fulfill the demand of our customers.

We list both residential and commercial properties. Our range of residential real estate properties including apartments, villas, and plots through our site. And our commercial properties include offices, commercial plots. Our listings include everything from new, resale, under construction, and upcoming properties. 

We have a dedicated customer care service team, which is available at your service seven days a week from 9.30 am to 7 pm. You can call them on 18008892692 or mail customer service at theinterioglobal@gmail.com.

To buy a property through interioglobal.com, you need to follow the following steps:

  • Check out our website
  • Select the property that meets your criteria and drop an inquiry for the same.
  • Go on a site visit of the selected property with our property experts.
  • Close the deal- We will assist you in handling all legal paperwork, arrange home loans (if needed), and manage all documentation work with the builder and the bank.

You would receive a call back from us within 10-15 minutes of placing your inquiry with us, provided you have posted your requirements between 9.30 am and 7 pm. Otherwise, we would be reaching you the next day.

Yes. We have tie-ups with some of the leading banks in the country. We will connect you to the bank representative for your respective loan requirement.

Buyers Queries

You can own as many properties as you want.

  • There are a few exemptions available for long term Capital Gains if you:
    • Buy or construct a new house: If you build a new house or buy one from the money you receive from selling a property, you are exempted from paying the tax on Capital Gains. However, the new purchase should be done either one year before or within two years of sale and the construction should be completed within three years from the date of transfer. The new property bought or constructed should not be sold within three years from the date of its purchase or date of completion of construction.
    • Capital Gain Account Scheme- Through the Capital Gain Account Scheme (CGAS), you can save the received money in designated banks. CGAS helps you in buying time to look for suitable investments as it serves to inform the Income Tax department that you plan to invest the money received, but at a later date.
    • Invest in Bonds- You can also invest in financial assets or bonds to save tax. Such bonds are issued by the Rural Electrification Corporation and the National Highway Authority of India and should be bought within six months of transferring the property. You can invest a maximum of Rs 50 lakhs through these bonds.
  • If the house is held for less than three years prior to its sale, it is termed as a short-term capital asset and any gain arising from the sale is treated as a short-term Capital Gain. There are no tax exemptions for short-term Capital Gains and one needs to pay it according to the applicable tax slab.
  • However, if the property is sold after holding it for more than three years, it is treated as a long-term capital asset and the gain arising from it is called the long-term Capital Gain. Such gains attract a flat exemption rate of 20%.

Property is considered a capital asset and Capital Gains Tax is levied on the gains arising from the sale of property. Such gains are calculated after adjusting the inflation rate, transfer and renovation charges.

Yes. Generally, the stamp duty on the gift deed ranges from 5% to 12% in all states. In few states like Haryana, Rajasthan and Delhi, concession of 1 to 2 per cent is given to female transferors.

Stamp Duty is the tax paid for the legal recognition of property. It is paid by the home buyers. You can claim tax incentives of up to Rs 1.5 lakh on stamp duty and registration charges on a new property purchase or construction of a house. However, these benefits are available for only one self-occupied property.

  • TDS– 1% on immovable properties (except agricultural land) exceeding Rs 50 lakhs.
  • Stamp Duty – Depending upon state and municipal laws
  • Service Tax- It is a central tax paid for the services offered by the developer to you. From April 1, 2015 onwards, if the apartment is worth less than Rs 1 crore, or has a floor area less than 2000 sq ft, the service charge levied is 14% on car parking and preferential location charges (PLC) and 3.50% on the basic sale price. If the apartment is worth over Rs 1 crore, or has a floor area greater than 2000 sq ft, the service tax levied is 14% on car parking and preferential location charges (PLC) and 4.2% on the basic sale price of the flat.
  • The buyer needs to pay the following taxes:
    • TDS or tax deduction at source on amount exceeding Rs 50 lakhs for the purchase of property excluding agricultural land.
    • Stamp duty
    • Service Tax – Applicable if the property is being purchased from the builder who conceived and constructed the project before offering possession to the buyer. If a `ready to move in’ property is purchased from the seller, service tax is not applicable.
    • Value Added Tax (VAT) – If applicable in the concerned state.

The property could be converted from leasehold to freehold if the local laws allow it. For example, properties under DDA can be converted to freehold by executing a Conveyance Deed but the same is not allowed if the property is owned by the Noida Authority.

  • The difference between a leasehold property and a freehold property lies in its ownership . In a leasehold property, the ownership remains with the concerned local authority or the government (as the case may be). The lease period varies typically between 30 to 99 years. But, this does not prevent the individual owner from selling or perform other transactions with the property, provided the lease deed is registered.
  • In case of a freehold property, the owner of the property is the legal owner and can sell/lease/rent the property as per his/her wish .

The language of the registration document must be the one that is commonly used in your district. According to Section 19 of the Indian Registration Act, the Registering Officer or the registrar has the power to decline registration of your document if it is presented in a language which is not commonly used in the district unless it is accompanied with a true translation of the language in use.

Yes, you can execute Special Power Of Attorney to get your property registered by someone else.

  • Power of Attorney allows a person to authorize another person the right to make decisions regarding the person’s assets, finances and real estate properties.
  • There are two types of power of attorney. First, the ‘General Power of Attorney’ where a property owner confers ‘general’ rights. The rights include but are not limited to sell, lease, sub-lease etc. The second one is the ‘Special Power of Attorney’ where only a specific right is given by the owner to the chosen person.

Registration of a property includes necessary stamping and paying of registration charges for a sale deed and getting it recorded at the sub-registrar’s office of the concerned jurisdictional area. If a property is purchased from a developer directly, getting it registered amounts to act of legal conveyance. In case the purchased property is a second or third transaction, it involves a duly stamped and registered transfer deed. Nowadays, property registration process is computerized in most states.

It refers to the registering of documents relating to transfer, sale, lease or any other form of disposal of an immovable property. Registration is compulsory by law for all properties under Section 17 of Indian Registrations Act, 1908. Once a property is registered lawfully, it means that the person in whose favor the property is registered, is the lawful owner of the premises and is fully responsible for it in all respects.

  • Original copies of the chain of title agreements and Building Plan approvals
  • Original registration and stamp duty receipts
  • Possession Letter
  • Original share certificate (In case of societies)
  • Proof of payment of all dues like maintenance charges, electricity bills, phone, water and property taxes up to the date of handing possession
  • NOC from the Society or other concerned body confirming no objection to the transfer

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