How Developers Harass Home Buyers

4) Unreliable refund cheques

If your developer is refunding the amount you paid with interest due to project delays, then you need to give it a second thought instead of thanking the generosity of the developer. There are many cases where developers have given bounced refund cheques to end-users which turn out as harassment for home buyers. Therefore, it is always necessary to check the background of the developer before you invest all your hard earned money in one shot.

5) False location:

Location is the key factor to fetch price appreciation in future. According to Sachin Sandhir, Managing Director, RICS South Asia, “End-users are attracted by the proximity to public infrastructure and the fact that when these infrastructure projects are completed, the prices of properties will jump manifold," reports Business Today.

But be cautious, developers may show you location close to proposed infrastructure but you never know whether infrastructure is actually coming up or they are just doing false claim. "There is no guarantee that the proposed infrastructure plan will see the light of day. Considering that several infrastructure projects are delayed or cancelled, it is wise for end-users to not let their purchase decision be swayed by such promises," added Sandhir.

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