How to Buy a Flat as a First-Time Buyer in Hyderabad – Step-by-Step 2025 Guide
Buying your first home is a big milestone — but if you’re doing it for the first time in Hyderabad, it can feel overwhelming. This guide gives you a clear step-by-step plan to buy your first flat in Hyderabad, covering budget planning, location choice, legal checks, and home loan guidance.
🧠 Step 1: Define Your Budget
Key things to include:
- Base flat cost
- Stamp duty & registration (~6–7%)
- GST (only for under-construction flats, 5% or 1%)
- Interiors, brokerage, and legal fees
- Maintenance deposit & parking charges
💡 For a ₹50L flat, expect total cost = ₹57L–₹60L
✅ Use an EMI calculator to check your monthly affordability
✅ Plan 10%–25% down payment (rest via home loan)
📍 Step 2: Choose the Right Location in Hyderabad
Popular First-Time Buyer Areas:
| Budget Range | Areas to Consider |
| ₹35–₹45 Lakhs | Bachupally, Kompally, Dundigal, Beeramguda |
| ₹45–₹60 Lakhs | Miyapur, Nizampet, Pragathi Nagar, Gajularamaram |
| ₹60–₹80 Lakhs | Kondapur, Tellapur, Manikonda, Appa Junction |
✅ Prioritize:
- Proximity to your workplace
- Metro & road connectivity
- Future growth potential
🏢 Step 3: Decide Between Ready-to-Move vs Under-Construction
| Type | Pros | Cons |
| Ready-to-Move | Immediate possession, no GST | Slightly costlier, fewer choices |
| Under-Construction | Cheaper, flexible plans | Possession delays, GST applies |
✅ Always check RERA registration for under-construction projects
➡ https://rera.telangana.gov.in
🧾 Step 4: Apply for a Home Loan (Optional)
Common Banks: SBI, HDFC, ICICI, LIC Housing
Documents Needed:
- Aadhaar, PAN
- Salary slips or ITR
- Bank statements
- Property details after booking
✅ You can claim tax benefits under Section 80C and 24(b)
✅ Check PMAY subsidy eligibility if you’re a first-time buyer (loan sanctioned before Mar 2022)
📑 Step 5: Verify Legal Documents Before Booking
Ask the builder for:
- Title deed
- RERA certificate
- Building permit / GHMC or HMDA approval
- Sale agreement draft
- Occupancy Certificate (OC) – for ready flats
- Encumbrance Certificate (EC) – shows no legal dispute
💡 You can also consult a property lawyer for ₹5K–₹10K for full vetting.
📝 Step 6: Book the Flat & Register It
- Pay token advance (get receipt)
- Sign Sale Agreement with payment terms
- Pay stamp duty + registration charges
➡ ~6.5% of flat value - Visit Sub-Registrar Office with builder to register Sale Deed
✅ You now become the legal owner of the flat.
🧹 Step 7: Plan for Interiors & Moving In
- Basic interior setup: ₹1000–₹1500 per sq.ft
- Contact society for electricity, water, and gas connections
- Set up home insurance, maintenance payments, and parking access
✅ Ask for builder handover checklist and warranty documents.
💡 First-Time Buyer Tips (Bonus)
- Visit at least 3–5 projects before finalizing
- Compare total cost, not just per sq.ft rate
- Always verify builder reputation and past delivery timelines
- Check for early-bird offers or festive discounts
- Ask about phase-wise development — you may get stuck in incomplete phases
💬 FAQs – Buying Your First Flat in Hyderabad
- How much is the minimum down payment in Hyderabad?
➡ Typically 10%–25% of flat value, depending on bank and project. - Can I buy with a salary of ₹30,000/month?
➡ Yes, if you choose a flat under ₹40–₹45 Lakhs and have low debts. - Is it better to buy or rent in Hyderabad?
➡ If you plan to stay >5 years and can afford the EMI, buying is smarter. - Is GST applicable on flat purchase?
➡ Only for under-construction flats (5% or 1%); not for ready-to-move.
📞 Final Thoughts + CTA
Buying your first home in Hyderabad is a dream — and with the right planning, it’s absolutely achievable. Focus on legal safety, realistic budget, and a builder with a solid track record.
💬 Need help shortlisting beginner-friendly flats in your budget?
👉 Chat with our property advisor on WhatsApp or Submit your requirements here — we’ll help you get started.
✅ Categories:
- First-Time Buyer Guide
- Hyderabad Real Estate
- Home Loan Tips