The Dream House

With the stock market going berserk, many people are investing in real estate in the form of land or even a house. Are there any guidelines when moving towards this direction?

• Choose the right developer. This is the most important step.
• The company should have at least an ISO rating and be a member of the local builder's lobby.
• The projects handled by the builder should have got the Completion Certificate by the local authorities.
• Make sure that the price you are paying for the building is realistic.
• You should also make a visit to the site and find out from the people living around the area whether there are problems related to electricity, water, safety, etc.
• Do not pay for features that have not been included as yet.
• In case you are going in for a relatively unknown builder, make sure you get a feedback about his previous projects.

Do not hesitate to ask your builder questions. It is after all your money, and you certainly don't want to be duped!