What Do Home Buyers Prefer In Real Estate?
Bangalore: What actually buyers prefer in real estate? Do they prefer taking risk and book projects that are still under work or do they go after big banner firms who promise to offer quality products? Well, such questions are important for home buyers who are planning to buy their dream homes, reports Economic Times.
Sunil Jindal, the chief executive officer of SVP developers said that "I can tell you from my experience that customers usually invest in those properties where they find some kind of activity. If they see that work is on, then they invest. Selling flats, floors or plots on barren land is not an easy task. Selling a dream is not that easy unless you back it up with performance on the ground," reports Economic Times.
According to Alimuddin Rafi Ahmed, the chairman and managing director of ILD developers, home buyers avoid making any deal on projects which are under construction, mainly when it comes to their dream home. For instance, if most of the home buyers are to fix any deals in projects which are going through construction work then maximum real estate developers would have just start with the project foundation and easily sell off their projects under the same manner.
"Fact of the matter is, nobody knows which project will create a storm in the market and which one will fall flat," added Ahmed.