Real Estate Portal + New Magazine Focusing on India & South Asia Region3 August 2006
A few days back, 2letservice.com announced complete launch of its new Property News Portal, that will bring Realty News as it happens from around the country.
Uncovering the Real Estate Builder's Game, who are Engulfing NRIs & Over-Excited Indian Property Buyers. Can it bring some relief. Let's Hope.
Analysts say, most of the real estate builders in India are fly by night operators and the companies floated by them are only on papers, even if the investor has persistently followed his case, at the most, builder will be penalized with 10-12 per cent interest for the dream house of the investor.
Interestingly, the builders are inviting NRI by claiming that they had completed so many projects here and showing videos to support their claim. No special comment about the authencity of the video is necessary but if any NRI has invested the money on the basis of false claims, then the reputation of our country is at stake.
With property mushrooming so much in India over the last few years, home buyers, investors and even NRIs are finding it increasingly more difficult to keep up with all the latest offerings, let alone those being planned for future construction.
In the recent past, there was case in Bhubaneswar, where one clever builder advertised on international magazines for selling land outside the Master Plan Area of Bhubaneswar (with support from some Corrupt Govt. Officials, of course). Investors should be cautious.
The land was a huge hole on earth, sold to poor NRIs and they bought plots on it out of sheer curiosity, just to know later that this land was useless - this is the power of positive marketing communications. As it is called in the world on Business Management or is it?
Check, Recheck, Verify & Brainstorm as many times you can before buying property from such builders, agents or owners.
It is because of this need that 2letservice.com decided to introduce Property Tips and Realty Q & A Sections on realestatetimes.in.
Home buyers, investors and brokers alike can feel confident that they will be guided around in a completely impartial manner, as 2letservice.com claims of good relations with most major property developers and news agencies.
Be it retailing, shopping malls, commercial buildings, residential housings, agricultural lands, industrial property, 2letservice.com and relaestatetimes.in, claims to publish the latest listings, offer and news alerts.
It features, Tips and Q&A Sections for Realty Investors, contributed by some realty experts in India. You should visit www.realestatetimes.in to learn more.
Source: pr
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