Post by copen59 on Sept 27, 2008 6:58:56 GMT
The real estate sector can be quite unpredictable. Although it invariably gives returns but the kind of returns that you expect may not come your way especially if the scenario is grim as it is today in real estate market all over India as well, as worldwide. Indeed the sluggishness of the sales process may mitigate any saving. For example you may want to sell now yet it may take a couple of months to complete the sale. As the market drops, your buyer negotiates a slight discount just before exchange and if you are in a hurry, you may have to agree. One will need to consider the fact that it may not be easy to come by a number of buyers. On the other hand once the property market has fallen, you try to buy however it is not essential that you find the right property. Again, once you have found a property you like, the market may be firming and the buyer may demand a higher price immediately prior to transaction. Any saving is immediately lost and an extended rental period presumably increases those losses.
Real estate in Kerala is much in demand because despite the lull in the property market, it is still doing reasonably well for itself. If one is in apposition to buy land then perhaps there is no better time than now to do so now. For those who can’t afford the luxury of building their own houses or are not much enamoured by the process of house construction the option to buy an apartment is always open. They are at liberty to pick and choose not only the kind of apartment but also where they want it. The builders in the state are offering ready to move in apartments with easy installment options.
Real estate in Kerala is much in demand because despite the lull in the property market, it is still doing reasonably well for itself. If one is in apposition to buy land then perhaps there is no better time than now to do so now. For those who can’t afford the luxury of building their own houses or are not much enamoured by the process of house construction the option to buy an apartment is always open. They are at liberty to pick and choose not only the kind of apartment but also where they want it. The builders in the state are offering ready to move in apartments with easy installment options.