PROPGUIDE − A Complete Property Guide

Real Estate Glossary


Sorry! We don't
have any glossary for this alphabet.

Balloon Payment

A loan payment (EMI) that is at least the double the amount of  previous payments (EMIs), done to clear a debt. 

Basic Sales Price ( BSP)

Price of an apartment excluding the charges for amenities like car parking, clubhouse etc.


It is a hindi term used to denote the token money given by a buyer for a particular property after negotiations are done. The payment indicates the buyer's interest in the property and is usually offered to seal the deal.


A person/persons or an institution designated to receive an income from a trust, estate or a deed of trust.

Building Code

Based on the notified safety standards within a specific area, a building code is a regulation that defines the design, construction and materials used in a building.

Built-up Area

It includes the carpet area plus thickness of the outer walls and the area of balcony/balconies.

It is always better to depend on your friends and family members for financial help for a number of...

PropGuide brings to you Vastu tips that will ensure a healthy relationship within family and...

Paying off your loan is your legal responsibility and any failure in this regard may land you in...

Inventory overhang has also declined to 34 months during the quarter due to sustained demand...

The airport in Noida’s Jewar will be the second airport in the NCR after Delhi’s Indira Gandhi...

If you are considering selling your property, you need to assess the value of your home as the very...

The move is likely to usher in the end of a record low interest rate regime, consequently pushing...

PropGuide lists some quick Vastu tips, adhering to which could help you make a positive difference...

Subscribe Now

To stay tuned with real estate updates


x +

Drop Your Query Here