Buying a new home is one of the biggest decisions you’ll ever make. Understanding real estate jargon helps you make smarter, safer decisions. At Ambr Homes, we want you to feel confident and well-informed at every step. Here are essential terms every home buyer should know in India, especially in NCR.
1. RERA (Real Estate Regulation & Development Act)
RERA is a regulatory framework introduced in India to protect homebuyers. It mandates that developers disclose project details such as timelines, approvals, and infrastructure. If a project is registered under RERA, you get more transparency and legal protection. Always check a project’s RERA registration before booking.
2. Carpet Area, Built-up Area & Super Built-up Area
- Carpet Area is the actual usable area inside the walls of the flat, where you can lay carpet (i.e. usable floor area).
- Built-up Area includes carpet area + thickness of walls + balconies/terraces.
- Super Built-up Area adds in common spaces (stairs, lobbies, amenities). Developers often quote prices per square foot on super built-up area, so compare carefully.
3. Occupancy Certificate (OC)
Once construction is complete and all required checks are passed, the developer obtains an Occupancy Certificate from local authorities. It certifies that the building is safe and legal to occupy. Without OC, you might face legal issues or delays in possession.
4. Commencement Certificate (CC)
Before the developer starts construction, they must get a Commencement Certificate. This document confirms that the project has the required permissions and is allowed to begin construction as per plan. It ensures the project is legal from the start.
5. Agreement for Sale / Sales Agreement
This is a legally binding contract between you (the buyer) and developer/seller. It defines the payment schedule, possession date, project specifications, legal responsibilities, and penalty clauses. Reading this carefully is crucial before you commit.
6. Pre-EMI
During construction, many developers let homebuyers pay only the interest portion (Pre-EMI) before possession, instead of full EMI. This reduces financial burden during the building phase. Understand how pre-EMI works in your chosen project.
7. Vastu Compliance
Vastu Shastra is a traditional Indian system of design and architecture. Vastu compliance means the layout, direction, and design of the apartment or complex adhere to certain principles believed to bring well-being, prosperity, and positive energy. Many buyers still prefer Vastu-friendly homes.
8. Amenities & Common Facilities
These are shared facilities in a housing project — like gym, club, swimming pool, security, park, rooftop garden, visitor’s zone. These contribute to lifestyle convenience and increase property value. Projects with more amenities (well maintained) tend to fetch better resale value.
9. Green Architecture / Eco-Friendly Design
Use of sustainable materials, good ventilation, natural light, green rooftops, landscaping — all these features minimize environmental impact and improve quality of life. Buyers are increasingly seeking eco-friendly homes.
10. Title Deed / Clear Title
Make sure the property has a clear title, meaning no legal encumbrances, disputes, or unpaid dues. A title deed is a legal proof of property ownership. Always verify the original documents: encumbrance certificate, land use certificate, etc.
11. Token Amount / Booking Amount
When booking a flat, you’re often asked for a token or booking amount. It shows your intent to buy. The amount can differ from developer to developer. Understand whether this is refundable, what happens if you cancel, and how it gets adjusted in overall payment.
12. Stamp Duty & Registration Charges
These are legal and governmental fees to register the property in your name. They vary by state, project value, and government regulations. Don’t forget to include them in your total cost calculations.
How Ambr Homes Helps You Navigate These Terms
At Ambr Homes, transparency is part of our promise. When you choose any of our projects — Ambrosia Luxury, Amore, Aura, or Atlanta — we ensure:
- All approvals (CC, OC, RERA) are in place before sales
- Clear breakup of Carpet / Built-up / Super built-up areas in brochures
- Transparent payment schedules and legal agreements
- Modern amenities + eco-friendly design and green spaces
- Title clearances and legal documentation handled properly
Final Thoughts
Knowing these terms isn’t just about understanding paperwork — it’s about protecting your investment, selecting the best project, and ensuring peace of mind. If you ever feel uncertain, ask for explanations, talk to the Ambr Homes team, verify documents, and compare with multiple projects. A well-informed buyer always makes better choices.
