Don't get swayed away by freebies while buying real estate
Pallavee Dhaundiyal Panthry, ET Bureau Jun 5, 2011, 06.54am IST
Post recession many areas sprung up with claims to offer
affordable homes and everyone hopped to grab the opportunity .
Fixation with lesser prices was so high that no one enquired
properly about the areas. "The only thing that prevailed and
mattered was the prices. The buyer forgot to stick to the main
rule of real estate investment , that is, enquire before
investing. They did not enquire about the area, the land title,
turned a blind eye to the surroundings and invested because
everyone was investing" , says Dujender Bhardwaj, director , JMD
Realty Pvt. Ltd.  Investing in real estate is one of the most
valuable acquisitions that we make in our lives. But a mistake
in the purchase can be a testing experience especially for those
who dream for at least one home in life. So one must act smart
and do proper homework before buying a property. Let's have a
look at the areas in demand and c