siliconindia | | March 20218Buying a home maybe one of the biggest financial decisions of your life. For instance, assuming that you have an income of 8 lakh before taxes, you will have to save anywhere between 3.6 and 12 years to make a down payment for a home in cities such as Hyderabad, Delhi, Chennai, Mumbai and Kolkata. Therefore, ensuring that you're not believing fallacies is important. Since there are scores of misconceptions about buying a property, here's are 6 that you shouldn't believe if you're ready to take the plunge.REAL ESTATE INVESTMENT IS ONLY FOR THE RICHToday, there are plenty of builders and a variety of properties in the real estate marketplace which means that there is something for every budget. For instance, in Bangalore you can buy apartments ranging from 215 to 81,301 per sq. ft. As long as you research localities, builders and projects, you're sure to find something within your price range.YOU ARE COMPLETELY PROTECTED THROUGH RERATo start off, not all projects are covered under RERA, and only those that have an area of 500 square IN FOCUS6 MISCONCEPTIONS ABOUT BUYING A HOME IN INDIABy si Team
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