10 Hidden Home Buying Costs People Often Forget

• Buyers often overlook significant upfront costs like stamp duty (5-7%), registration fees, and brokerage (1-2%) when budgeting for a home.
• Additional financial burdens include home loan processing fees (0.25-1%), legal verification charges, and society maintenance deposits.
• Post-purchase expenses like interior design, furnishing, and parking charges can add substantial costs, often reaching lakhs.
• Recurring annual costs such as property tax and home insurance premiums are frequently forgotten, impacting long-term budgets.
• Shifting and setup costs for utilities, movers, and minor repairs also contribute to unexpected expenses during relocation.

Why It Matters: It reveals crucial hidden costs of homeownership that can strain your budget.