Since long I was wondering how easily real estate Industry is making home buyers fool, Why people don’t understand or don’t obtain proper information before buying flats. Are they always scared of builders? May be, but builders never force any body to buy a property. They just portray a lucrative picture and hallucinate home buyers. Then how do these young generation fall in trap of cheater real estate industry.
I asked this question to so many people and sane builders ( Yes there are few).But no body could answer properly. Then one of friends’ Shirish Joshi put the following theory.
Now a days , boys /girls have lot of money at age of 28 /30. They can either invest in shares or in real estate. They check or some websites and tempt to buy flats. They don't think twice that they should enquire properly before buying. Another thing is, their parent could buy house at age of retirement, and they want to show that they can buy at younger age. In a haste they think no one should obstruct them even though it proves wrong decision in future.
I found this theory believable. When I searched on this line on internet I found 3 Emotional Mistakes Home Buyers Make
1. Home Buyers Don’t Remove the Rose-Colored Glasses , When people look for their first home, they often romanticize it. They look for their “dream” home through rose-colored glasses.
2. Home Buyers Lose Control while buying home
3. Home Buyers Aren’t Decisive
Another mistake they make is, they believe to much on real estate agent or sales manager of builder. But one should not forget that these people always work for builder benefit and not for home buyers.
Another most important factor is every bodies apne India me itna to chalta hai attitude. Whenever any illegality comes forward many people take it too lightly. But they should not forget that in such a case builders will not come for any body’s rescue
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