pcpune

It is high time people understand and only go in for "Ready Possession" properties with all amenities of the scheme in place.

Infact, the buyers must also press the builders to execute the "sale deed" for conveyance...for the society at the time of the purchase itself.

This way people would know whether all the builders' promises have been executed or dumped into a dust bin.

Anyways, the investors are already out of the market and only the serious end users are in, SO WHY BUY UNDER CONSTRUCTION????

Munish Malhautra

Hi it would be really nice if it happened this way but the truth is that builders have their ways and means to get the endusers and investors into their fold.
The point you are making is good but not feasible since real estate is so unorganised.

pnb_2k

Atlesat members present in this forum are more organised. We need to involve more and more IT people in this forum so automatically knowledge will spread since most of the IT people go onsite, make money and invest in property with whatever rate asked by the builder. Let me tell u before IT boom, nobody was interested to invest in pune (even though all big mechanical and Automibile industries were present)
In recession time rates in pune did not came down much since people returned back from abroad(may be due to job loss) with hefty savings and invested their money in RE, which kept demand up and hence prices were up.

harshalx

Munish,

Since we can hardly do anything to organize the RE sector, we chose to spread awareness. And this is our medium to spread awareness. When more people get aware, the decisions they take are much more informed and satisfactory.