3 MYTHS IN REAL ESTATE: BUSTED

 

3 MYTHS IN REAL ESTATE: BUSTED

MYTH 1:-

REPUTATION OF BUILDER DOESN’T MATTER

FACT:-

When You buy the home from Reputed builders, Our Investment is always secure as the chance of foul play is lesser and also the implementation of RERA paves the way for builders and customers trustful relationship.

According to Experts, The escalation of consumer preferences towards the products from reputed builders and it’s accounted for about 49% in the case of Reputed builders and 59 % for the rest. But, the numbers are increasing compared to the previous era.

MYTH 2:-

COMPACT HOMES ARE HERE TO STAY

FACT:-

Before Pandemic, Compact Homes used to be the top priority product. When the Pandemic happened the need for bigger spaces in the home became a necessity. People choice of getting into bigger homes rapidly increased.

According to Reports, Chennai Markets have witnessed a ten-fold increase in enquiries for bigger homes than ever. Hence, the escalation of Compact home to bigger home is true.

MYTH 3:-

BUY WHEN MARKET IS FAVOURABLE

People Who are waiting for favourable conditions in the market to buy would find it difficult to continue staying on rent. People always put off buying a home either the price is not negotiable or the buyers feel that they can get a better deal elsewhere.

Consumer’s thought of buying a home at the right time is actually not true. One should buy the home when they are genuinely ready.