Common Fallacy about Real Estate in India

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COMMON FALLACY ABOUT REAL ESTATE IN INDIA


COMMON FALLACY - REAL ESTATE  Even

Experts find it challenging to burst all the misconceptions about the real estate industry.  The common people often informed with the different false information about the real estate industry in India thus makes them confused in investing a property.  We are not telling that all the information about the real estate is false.


COMMON FALLACY - REAL ESTATE  In

some cases the developers may do some mistakes that resulted in dissatisfaction of the customers.  However, the assumptions are not always as real as we hear.  In this post let us know the facts which are not true in case of real estate in India.


COMMON FALLACY - REAL ESTATE  Myth:

Developers delay project purposefully  Fact:  One of the most common mistakes that people often used to have is a delay in the project. The delay in the project makes the people get stressed.  The professional builder in Chennai tries to complete your project on time.


COMMON FALLACY - REAL ESTATE  The

delayed project may result in more expenses to the customers.  In the urban cities like Chennai, Bangalore it is common that project may get delayed.  It is better to buy a completed project instead of buying under construction projects.  Myth: Real Estate always earn your profits


COMMON FALLACY - REAL ESTATE  Fact:  One

of the common belief that all the investors have when investing in a real estate property is they can get profits over a particular period of time.  But it is not true in all cases. Get an unlimited profit is not a real thing.  Prices of the property get fluctuate based on the demand of the property.


COMMON FALLACY - REAL ESTATE  If

there is low demand for the residential projects then the value may get a decrease.  You can buy apartments in OMR to get value appraisal in the upcoming years.  Myth: The Brand Name Matters  Fact:  Big Brands always complete their commitments and deliver the quality results to each and every client.


COMMON FALLACY - REAL ESTATE  But

the fact is big brands also fail to deliver the project on time.  There are many mid-range developers offer the best projects at affordable prices.


COMMON FALLACY - REAL ESTATE  They

know the value of the client and commit to delivering the best results.  The other myths to be busted when investing in a property is real estate field involves more risk compared to other investment options.  For More: Flats in Chennai


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