Yes, you can sell your property, but there are some important factors
1. Do You Have Legal Ownership?
Ensure your name is on the title deed.
If the property is inherited or jointly owned, get consent from all owners.
Clear any legal disputes before selling.
2. Are Your Property Documents Ready?
Title deed (proof of ownership).
Encumbrance certificate (shows no pending dues or legal claims).
Sale deed, previous property tax receipts, and society NOC (if applicable).
If there’s a home loan, you must settle it or transfer it to the buyer.
3. Do You Need to Pay Any Taxes on the Sale?
Capital Gains Tax applies if you profit from the sale.
TDS (Tax Deducted at Source) applies if the sale price exceeds a certain limit.
4. How Do You Find a Buyer?
List your property on real estate websites or work with an agent.
Market it through social media, word-of-mouth, or local listings.
Ensure you price it competitively by researching similar properties.
5. How Is the Sale Process Done?
Negotiate the price and finalize terms with the buyer.
Draft a sale agreement with payment terms.
Receive an advance payment (token money).
Complete registration and hand over the property after full payment.
6. Can You Sell a Property with a Home Loan?
Yes, but you must clear the outstanding loan before transferring ownership.
The buyer can take over the loan if their bank allows it.