Are there hidden costs when buying a home?
Yes—when buying a home or residential property in Ahmedabad, there are several hidden or less-talked-about costs that often surprise first-time buyers. Understanding these in advance helps you budget correctly and avoid last-minute shocks. Whether you’re purchasing through reputed real estate developers in Ahmedabad like the Laxmi Group or exploring independent properties for sale in Ahmedabad, it’s important to look beyond just the per-square-foot rate.
The first hidden expense comes through stamp duty and registration charges, which together usually add about 5–7% of the property value in Gujarat. These are mandatory government fees to legally transfer ownership in your name. Next, most new projects require maintenance deposits, society charges, or corpus funds collected by developers at the time of possession—this can range from ₹50,000 to a few lakhs depending on the amenities. Another cost many buyers miss is GST, applicable on under-construction properties (usually 1% for affordable housing and 5% for others). Ready-to-move homes, however, do not attract GST.
