Agreement to Sell
A contract to transfer property on agreed future terms.
Allotment Letter
A developer's confirmation that a unit is allotted to a buyer.
BBMP
Bruhat Bengaluru Mahanagara Palike, the city municipal body.
BDA
Bangalore Development Authority.
Booking Amount
An initial payment to reserve a unit.
Built-up Area
Carpet area plus the area of internal walls and balconies.
Carpet Area
The usable floor area within the walls of a unit.
Commencement Certificate (CC)
Permission to begin construction on an approved plan.
Completion Certificate
Certifies a building was completed per approved plans.
Construction-Linked Plan (CLP)
A payment schedule tied to construction stages.
Credit Score (CIBIL)
A numeric measure of a borrower's credit history.
DC Conversion
Conversion of agricultural land to non-agricultural use.
EMI
Equated Monthly Instalment on a loan.
Encumbrance Certificate (EC)
Record of registered transactions and charges on a property.
Fair Value
Propvidhi's indexed estimate of what a unit is worth.
FSI / FAR
The ratio of buildable floor area to plot area.
Guidance Value
The government-notified minimum value of a property by area.
Khata
A municipal record of property for tax purposes.
Khata Certificate
A document confirming a property is on the municipal register.
Khata Extract
An extract of property details from the municipal register.
Lien
A legal claim on a property securing a debt.
Loading Factor
The percentage added to carpet area to reach super built-up area.
Loan Sanction Letter
A lender's formal approval of a home loan.
Loan-to-Value (LTV)
The share of a property's value a lender will finance.
Maintenance (CAM) Charges
Recurring charges for maintaining common areas.
Mother Deed
The parent document tracing a property's ownership history.
Occupancy Certificate (OC)
Local-authority certificate that a building is fit to occupy.
Possession
The handover of a completed unit to the buyer.
Power of Attorney (PoA)
Authority for one person to act for another.
Ready-to-Move (RTM)
A completed unit available for immediate possession.
Registration Charges
A fee paid to register a property transaction.
RERA
Real Estate (Regulation and Development) Act, 2016.
RTC (Record of Rights)
A revenue record of agricultural land in Karnataka.
Sale Deed
The registered document that transfers ownership.
Setback
The minimum open space required around a building.
Sinking Fund
A reserve for major future repairs in a building.
Stamp Duty
A state tax paid on registering a property document.
Super Built-up Area
Carpet area plus a share of common spaces.
Title Deed
A document establishing legal ownership of a property.
Transferable Development Rights (TDR)
Development rights that can be used or sold elsewhere.