Real Estate

Does getting away from the hustle bustle of the city to a serene location prompt you to think about having your own vacation home? The in-built desire of home away from home for short getaways can be very tempting. But do not jump in blindly. A lot of serious thought needs to be given to some critical factors before you purchase your weekend home. Here they are: Purpose of buy: Think about what you want out of your vacation home. How often are you going to visit it? Do you see it as an ideal location for annual family gatherings? […]

The real estate industry in India is pre-dominantly a seller’s market. It is largely an unregulated industry with lack of transparency and property agreements heavily favoring the builders. People do not read the fine print as there is a general lack of awareness and become vulnerable, falling prey to unscrupulous builders. Here are some common traps that you as a prospective property buyer need to be wary of: The illusion called Sample Flat: Sample flat is one of the most potent marketing tool used by any builder. To start with, there are usually no doors in the sample flat and […]

Buying one’s own space to live is one of the most important lifelong decision for any individual. The experience is associated with not just excitement but also at times anxiety and stress. It is the biggest and most expensive financial transaction for any individual. It thus becomes imperative to do the necessary due-diligence before finalising any property deal. Here is a basic checklist before signing on the dotted line: Reputation of the builder: It is important to check the history of the builder and his company. Checking the company website would not give you a complete picture. Check out his […]