Things To Consider When Buying A Branded Property

"These housing societies have better security, proper maintenance of gardens and other housekeeping services, often outsourced to professional agencies. The rule of thumb is that the better a property is maintained, the higher the appreciation it is likely to see," said Ganesh Vasudevan, chief executive officer of Chennai based IndiaProperty.

Adding to it, if you are seeking property for investment or rental purposes, branded properties can be trusted blindly. "Rental income for such properties is always 15-20 percent higher than that in a regular project due to the amenities on offer. Besides, the good upkeep means that the time taken to rent it out will be much less," added Vasudevan.

But then!

There is a myth surrounds that expensive is always better. But in real time, blind trust can bring you negative consequences. There are home buyers who seek branded projects because of the expensive tag it carries, thinking brand is the best. It is better to keep in mind that such premium projects can be a trap set by developers.  Before taking a final decision, you should always take time to research on the project you are eyeing on. Besides, if you plan to resell the property, you may face difficulties due to the high price.

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