Check these facts before investing in Real Estate…
What are the facts you should check before buying a property??
Mr. Rikhye,Realtor and Real Estate Promoter
Real Estate in Gurgaon still has its Graph moving upwards .The new investor having his eyes on the neighbor’s “Real Estate Prosperity” is eager to join the “Prosperity Race”.
The new investor musters his resources, raising funds may be in some cases taking loan, to prepare himself for this rat race.
Before investing hard earned money one has to ensure the following:
• Financial Credibility of the promoter/builder.
• Professional Capability of the promoter/builder to deliver the Project in time.
• Past Projects delivered by the Promoter/Builder.
• Ownership title of the Project.
• Necessary Government approvals to start the project.
• Names of the Banks which have approved the project for Loan Purposes.
• Exit Clauses (That is in case, you wish to sell your property before completion of Project)
Not forgetting to go through the clauses of ” Buyer Seller Agreement” with the Builder and if required take an Expert’s opinion before getting into this Race…….
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