Undoubtedly, the real estate
market is one of the most promising areas of investment as the value of
property keeps rising. There is a steady and never-ending race for choosing the
best apartments for sale at
a reasonable price. However, this race isn’t hassle-free, there are lots of
issues like fraudulent transactions, scams, black money, and falsification
involved. In order to steer clear of all these negative things while choosing apartments,
there are a few things you need to do.
Remember what you hear is not always true
When you make a decision to buy an
apartment, consider the fact that word of mouth is not always the best idea to
follow. There are plenty of small time developers who will be eager to offer
you affordable apartments for sale in
Delhi. However, when you ask them for the project details and brochures,
they may propose some yet-to-be developed buildings and project of theirs. As
far as realty market is concerned, don’t take anything that is verbally true.
If you haven’t seen the site or the building coming up, you have no good reason
to believe that it is going to come up ever.
Messy brochures, fumbling deals
and lack of confidence are the key signs to stay away from such builders.
Don’t fall prey to fake “Money back guarantee” schemes
There are some developers who
offer assured schemes to customers. Some schemes involve money back guarantee
or offer assured rental income for the apartment. While it’s a fact that all
these schemes are readily available, you should be very careful about the
clauses and other details mentioned. Well documented and transparent clauses
are always welcome.
Do not readily believe what is on the hoardings and brochures
If you are offered some alluring
and too-good-to-be-true discounts, you shouldn’t give a second thought to such
a deal. Perhaps it won’t be a good decision to hastily buy a property that
offers you discount on the capital value.
Whenever you invest in a property, your aim should be to ensure that the deal is transparent.