There are certain things that are different about normal products and real estate. When buying simple products, it is easier for the buyer to take a close look at the product, compare it with other products and then finally make a decision whether or not they want to invest money on it. What must be noted here is that the buyer gets a fair chance to make up his mind before paying up, which is how it should be. On the other hand, when it comes to real estates, all the consumer gets is a set of promises that may or may not be kept, depending on how good previous projects by the developer turned out. To do away with the complexity of the process, a new bill has been proposed recently that is aimed at making the process of buying new projects Gurgaon more secure and safer for the consumer.
It has been observed that although many new projects Gurgaon are being touted as the best on the country, in reality there are only handful that deserves the title. Majority of them do not even deliver on the basic promise of a comfortable house that conforms well to the municipality standards and guidelines, much less the grand promises made in advertisements. Increasingly it has become evident that real estate developers are facing problems regarding their projects, but the difference is in the fact that those with a good reputation in the market get around the problems smartly, while the shady ones leave their customers to deal with it. Among many issues the worst and also the most common is distance. Due to high land prices, cities offer land parcels for such developments away from the city. This trend is evident not just is New Projects Gurgaon. Even in Mumbai, Ahmedabad and Kolkata, projects are located 20-25 km from the city centre. Bangalore, Pune and Chennai have projects 25-35 km from the city centre!
These problems are much bigger than what could be solved at individual develop levels; it would require more involvement from the government authorities if the problem are to be solved at the root. So unless something large happens, you as the consumer should make sure to do your due diligence in finding the best real estate project on offer that suits your budgets and needs among other things.
It has been observed that although many new projects Gurgaon are being touted as the best on the country, in reality there are only handful that deserves the title. Majority of them do not even deliver on the basic promise of a comfortable house that conforms well to the municipality standards and guidelines, much less the grand promises made in advertisements. Increasingly it has become evident that real estate developers are facing problems regarding their projects, but the difference is in the fact that those with a good reputation in the market get around the problems smartly, while the shady ones leave their customers to deal with it. Among many issues the worst and also the most common is distance. Due to high land prices, cities offer land parcels for such developments away from the city. This trend is evident not just is New Projects Gurgaon. Even in Mumbai, Ahmedabad and Kolkata, projects are located 20-25 km from the city centre. Bangalore, Pune and Chennai have projects 25-35 km from the city centre!
These problems are much bigger than what could be solved at individual develop levels; it would require more involvement from the government authorities if the problem are to be solved at the root. So unless something large happens, you as the consumer should make sure to do your due diligence in finding the best real estate project on offer that suits your budgets and needs among other things.