Buying a home for oneself or just invest in
real estate for a secure investment, it is a very calculated decision... The
money involved is huge. It is your hard-earned money. The decision you make
will be a long time one. You as an investor have to decide how and where you
should invest.
Why does a person invest in real estate?
The answer is but obvious –To buy a comfortable home for oneself, to make
money, and a more secure future. Real estate markets in the growing and
developing areas are the best to invest in, as there is a great scope for a
comparatively fast rise in value of the property. If you are looking for
investing in the developing areas around Chandigarh, you have a vast choice of
locations. Mona townships, have many upcoming and completed housing projects, at
Zirakpur and Mohali, near Chandigarh which gives a promising future for a dream
home or investment.
Real Estate Investment |
Investors who are first timers always have
many questions. These questions have to be answered in a very detailed and a
satisfying manner due to which the buyer can arrive upon a correct decision. What
should your action plan be? Moreover, how do you go about it? The general or
the most common approach is to hire a broker.
Why people hire a broker
It is the general tendency of people to
hire a broker if they are looking for investment in real estate. The reasons
are very clear .as the general belief that they are the ‘know all end all
people’, and no one can be as knowledgeable in the topic of real estate
investment as they are. If you are new to the area, you are sure to hire a broker,
apart from the topography, he is aware of everything in the place as he is a
local person. He has the knowledge of ins and outs of the entire construction
site in that area. He knows which place to show you, as you might not want to
waste time. But, is it really essential?
Believe in your self
A broker has all the time in the world for
you. However, do you have the time for yourself? If not then you must find the
time for it, as that is your hard earned money. You should be the one who has
to do all the collection of information. The information you collect will be
first hand and according to your requirements- totally without bias. A broker
might not even show you certain projects where he might not have a good rapport
with the realtor. You could miss on a prime property with a good bargain because
of just a broker’s pressure tactics or marketing abilities. You may have
overlooked exactly what you were looking for! You are going in for a large investment;
hence, it should be of your choice and budget.
Approach directly
When you invest in a property, the best
thing is to meet the builder directly. A direct approach helps you to know
about the builder. You directly clear small details of the project in the first
hand approach. You can see all the property documents like the certificate of
commencement, bank guarantee …. A broker might not let you make such
clarifications, steamrolling you into saying ‘sab ekdum clear hai. Mujhpar
vishvash kariye’, this might lead to assumptions and misunderstanding between
the buyer and seller. Due to such insipid mistakes, you might lose on a good
deal with a realtor like Mona townships. Approaching directly, gives you a clear
picture of what is offered to you and does not let you deviate from your decision.
Cost Advantage
Brokers charge brokerage. Brokers have
their own cuts in the sale of property. This makes you shell out more making
your investment expensive. Every broker has a different charge in your
investment. The money you pay in brokerage could be used to take an extra-added
facility from the builder. For example if you want to have a different flooring
from what is offered in the project, the money you save on the brokerage can be
used for you to beautify your flat the way you want or You might want a new t.v or just save the money for your
installment.
Rapport Building
Purchasing directly from the builder helps
you to create a good rapport with the builder. This is very useful in terms of
relationship building. You can directly approach the builder for any problems
you face while the project is under the builder. At MonaTownships the builder’s
team is always there to welcome you and clear all your doubts about the
project.
Builder knows the best
The completed projects or ongoing projects,
whichever of the projects you are interested in, it the best to get first hand
information from the realtor itself. From the foundation to the finish, if you
want correct information and honest opinion you must approach the Mona
Townships team directly.
Mona townships are helping you in shaping
your dreams. Having a direct approach will make your home buying experience,
one of the best experiences for you.
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