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India: In realty, do not get carried away by freebies

Posted on 09 September 2011

Free parking space. Free club membership. Free alterations. These are some of the freebies real estate developers are showering on prospective property buyers these days.
Badly hit by the economic slowdown and higher funding costs, most developers are making a last ditch effort to keep the real estate prices stable by offering freebies to reluctant buyers, who are equally spooked by the high interest rates and scorching real estate prices……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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