SHOULD HOME­BUY­ERS BUY PROP­ERTY NOW OR SIM­PLY WAIT

Hindustan Times (Chandigarh) - Estates - - FRONT PAGE -

Real es­tate ex­perts ad­vice that since in­ter­est rates are as low as 8.5% and many banks are waiv­ing off pro­cess­ing fees, it is per­haps the right time to buy In the present mar­ket, there are also more chances of get­ting a good ne­go­ti­ated price. In­ter­est­ingly, prop­erty prices have not in­creased since the last three years Buy­ers have var­ied choice to choose from com­pleted, ready-to-move-in, to un­der con­struc­tion pro­ject that will in any case fall un­der RERA once it kicks in on May 1, 2017 “This will give more clar­ity and con­fi­dence to home­buy­ers who will have more in­for­ma­tion at hand, there de­ci­sion will be much more in­formed. A lot of con­trol and dis­ci­pline will be there and peo­ple can take a de­ci­sion in a month or two,” says Sa­man­tak Das, chief econ­o­mist and na­tional di­rec­tor - Re­search, Knight Frank In­dia.

SAN­JEEV VERMA

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