Beware Of These 7 Sales Gimmicks When Buying Your First Home

"This is the most affordable project in this locality"

Do not believe each and every word of developers. Suppose a 2-BHK flat priced at 50 lakh in a locality and a developer is offering you below that rate, it is better not to jump into it because there might be a catch. For instance, when you see property ads in newspaper, you can see lots of hype about amenities, location, facilities of the project, but what they miss out is the detail about the flat size.

According to a Jones Lang LaSalle’s report, the average apartment size has reduced in top metros in India. "The median size of apartments across the country in 2008 was close to 1,600 sq ft. While this number continues to remain more or less the same in most other cities, the unit sizes in Mumbai have drastically reduced, and are currently 15 per cent lower than the national median size," said Ramesh Nair, chief operating officer (business), India, Jones Lang LaSalle.

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