PROPGUIDE − A Complete Property Guide
#happyhome

Real Estate Glossary

b

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.

Bayana

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.

Beneficiary

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.

Supply during the quarter declined, too, as developers showed a more cautious approach amid demand...

While Bengaluru and Hyderabad continue to drive growth, mature markets like Delhi NCR, MMR, Pune...

Approximately 10% of Housing.com users actively utilise the chat functionality. The new feature has...

Against the backdrop of worsening geopolitical concerns that can deeply impact the domestic job...

Subscribe Now

To stay tuned with real estate updates

Pick:

x +

Drop Your Query Here