Query: My husband is insisting on investing in under construction - TopicsExpress

Query: My husband is insisting on investing in under construction project while I am against it. I feel it is risky in todays scenario. Ans: You are partially right. Yes under construction projects are risky today but has been always good for investment purpose. So how do you reduce risk factor in under construction project. Following would be the guidelines for you •Good tract record of the developer / builder (Reputed) •Timely possession for property buyer (6 months delay is acceptable in today scenario) •Clear property titles & developing rights of the project •All approvals with blue print from municipal authorities (IOD, CC & OC) •Project finance details or collateral bank or PE equity firm or joint investor •Agreement to sale with detail information with penalty & reimbursement clauses Investment in competent property consultant or legal help would reduce your risk factor and increase your returns on investment. Buy With HPS - Your Real Companion (+91 9322590790 & info@buywithhps)

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