Monday, June 11, 2007
Indian Development
Details & visits to developer’s past projects will reflect his quality of work and performance. If possible one should try and get information from the occupants in his previous projects where inquiries regarding timely possession, quality of construction, compliance with the agreement, providing the amenities mentioned, etc. could be made.For this purpose one could also get information from the financial institutions/ banks that the developer has had dealings with. Thus one can get a fair idea of his financials too.Real Estate Agents could also be an alternative for identifying a property in India. However, caution needs to be exercised when it comes to selecting an agent. In case of a resale property after the budget is ascertained, one could approach a reliable real estate agent or look for a property through the newspapers. While identifying a property in India one should ensure that the building is technically sound and the title documents and free from all incumberances marketable
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