Buying a property is a long-term investment. You can find thousands of properties by contacting a good broker or developer, but purchasing one that fits your budget and goals rests with you. However, you never really know the exact future potential your property holds. Undoubtedly, an informed decision is often better than blind predictions to land in a lucrative property.
Here's where online real estate calculators come in handy. Online calculators help to determine the potential of your investment both- before and after investing. The best part? They provide you with exact numbers based on the period of your investment and location. So, in this blog, we have mentioned a few free and useful online real estate calculators that can help you invest better!
Free online calculators to map your real estate investment journey-
RERA project finder:
What is the first and foremost step you must take in property buying? Well, it is, of course, spotting a few properties with the help of a good developer, but checking whether it is RERA registered or not is also crucial. You can either manually check the property’s RERA registration by contacting the project developer or online through the RERA project finder on our website.
Why is it important to know whether your property is RERA registered or not?
According to RERA (Real Estate Regulatory Authority), launched in 2016 in India, all properties, including commercial and residential, should be registered under RERA. If the project comes out to be non-RERA registered, there’s a chance that you’ll have to face a lot of legal issues, which you don’t want.
Hence, a single step of using the RERA project finder can save you from lots of future issues. This tool spots RERA-authorised projects around you and detects if the project you wish to invest in is RERA registered. This helps you invest in safe and legally authorized property.
If you are buying a property in Maharashtra, you can use the RERA project finder on our page. It helps you detect RERA-registered properties in Maharashtra. Go, check out now, and save yourselves from future challenges!
Property valuation calculator:
Fine, you have selected a nice RERA-registered property. What’s next? You might check the price of the property. Here’s when most of you get trapped. There is a chance that you might pay more than the actual market value of the property. This is not just when you are buying a property but also when renting it out or even finding a property on rent.
It often happens that you ask people about the market value of the property or even rental trends in a particular area and get many approximate answers. To get the exact number of the same, a property valuation calculator can help you out. This calculator gives the exact rental trends, expected capital appreciation, and price trends of the particular area wherein your property is located. This keeps you updated beforehand, no matter whether you are buying or selling a property.
Trust us, using a property valuation finder can save you galore of money! We have one on our page; try it out!
Real estate returns calculator:
So, you have got to know the exact price of the property using a property valuation calculator. What’s next? Determining returns is essential at this stage. You are investing a major part of your corpus. Hence, you should be reaping the benefits of the same in the future. Investing is to grow your money. Does your property hold the potential to grow your money? The real estate returns calculator has the answer!
A real estate returns calculator, as the name suggests, is a tool that can be used to derive expected returns on a property. This tool gives the ROI on a property and can be utilised while selling or buying it so that you close on a good deal!
Know how much returns your property can give using our real estate returns calculator.
Stamp duty calculator:
You invested a good deal and know the expected returns too. Now is the time to arrange for stamp duty charges. In one of our previous blogs, we have written about stamp duty and registration in Mumbai and Maharashtra you can check it out to know about stamp duty.
The stamp duty calculator makes the property buying process easier by determining the stamp duty charges according to the property's location. Instead of asking someone, you can use this calculator to know the stamp duty charges in any area. This helps you arrange for the funds well in advance for a smooth transaction.
Try out our stamp duty calculator and assess the stamp duty charges in the desired area.
Circle rate calculator:
Well, the market rates of the property depend on its circle rate. Hence, a circle rate calculator can come in handy to cross-check whether the property’s market value and circle rates are reliable.
The circle rate calculator also helps to calculate stamp duty charges and taxes on capital gains on property. With the help of a circle rate calculator, you can determine whether the property is overpriced or reasonable.
You can try out our circle rate calculator to find out more about your property!
EMI calculator:
Once you know the property valuation, ROI, Stamp duty, and legality of the property, you are set to arrange funds. To finance your property, you might have to opt for a loan. The essential part of scrutinizing a loan is the EMI. Hence, to make an informed borrowing decision getting to know the EMI in advance is necessary.
An EMI calculator can save you from borrowing excess amounts. An EMI calculator indicates how much EMI you’ll have to pay for a certain period for a specific borrowed amount.
EMI calculators can be used for almost anything, not just property buying. Try our free EMI calculator to check your loan EMI!
SIP calculator:
Real estate investments are not just limited to properties. There are several ways you can invest in real estate. For example- REITs.
What are REITs?
To summarise, REITs (i.e., Real Estate Investment Trusts) are like mutual fund investments where an investor gets returns in the form of dividends. You can invest in REITs using the SIP method (Systematic Investment Plan) just as you do in mutual funds. Head to our blog written on REITs to learn about it!
As SIP means investing a specific amount every month in the selected REIT, you need to know what amount of profit you’ll be retrieving on the same after certain years. The SIP calculator can be your go-to tool to calculate the same.
You must enter the amount you want to invest in your chosen REIT, the annual rate of returns it gives every year, and the period you want to keep investing. Boom! You can see the exact value and returns you can expect after the desired period.
See? Online real estate calculators can save so much time and energy in the entire investment process! Online real estate calculators help you make the right decision and carve your journey to the best and most secure investment options!
