Real estate investment is still the best in the all environment. But, buyers need to take extra precaution, as follows:
* First precaution is the is the real estate company's background- how long are they into Real Estate business or are they one timers- This is Very Very Important Matter.
* Legal opinion get from your own lawyer, Please, ignore what the agents offer. Lawyer must verify the originals whatever is the difficulty
* Minimam 13-15 years EC and Patta
* Also visit and Speak to local bodies (Panchayat/CMDA etc) , about any possible plans of raid expansion etc., that could impact your ground.
* In case of instalment payments, Clear agreement on increase of cost.
* Need to be inspected against encroachments, periodically. It is MUST.
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