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If you are here, chances are that you are tired of your wife's nagging and have accepted the fate that it's time to move out of your parent's abode, which for years had been a paradise for you. If not, your parents must be planning to kick you out of the house. Still better, you are looking for a good investment opportunity. Or, have simply shifted base to a new city and looking for permanent accommodation.
But, for those hit by escalating costs…maybe, this blog can butt out 'the but' in your case. So, feel free to read it and leave your comments.

Friday, December 26, 2008

An investment opportunity?

Yesterday, I saw this huge full page advertisement on Page One of the Hindustan Times. The advertisement screamed First Time in India @ Cost Price. The site address was six minutes drive from International Airport in Bangalore.

And below an International Villa price was quoted for Rs 69 Lakhs and further down was given the price for a 2BHK apartment. At 13.59 Lakhs it certainly promises to be a steal.

And then there were other offers too. One of them offered a Mercedes Benz for a down payment of Rs 10 lakhs. Now…Now, builders of late have started using such marketing tactics to boost up their sales. It can be justified considering the ongoing recession. But, I still feel the prices quoted by them are not just affordable but a steal, especially with regards to their 2BHK flats.

In the end a word of caution – do watch out for hidden clauses which are usually enumerated under the cliché “conditions apply”.

2 comments:

Clara Mellor said...

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Sonal Jain said...

well written.
Think big, believe big,act big and the results will be big.Capitalstars