Been lucky enough to purchase a new house yet? Or fond of Interior Designing? This place might help you with these issues, Reading a few articles will certainly help you make your home sweet home a much better place to live.
ImageBuying directly from the developer versus the investor

These are boom times for real estate development in India. Developers are coming up with new projects all the time. Many investors have bought properties for investing purposes. You need to understand that there is a difference in buying directly from the builder versus from the investor in a property.

If you buy property directly from a developer in a project, it is likely that you will not have to pay any cash component and the entire payment can be in cheque.

On the other hand, if you buy from an existing owner of the property (even if its under-construction ), the owner will expect to earn a return on his/her investment , and might expect a large part of the payment in cash. You need to be aware whether you are capable of making cash payments. This is a reality in India and in many cases you will not be able to avoid it.