Mirror Now
@mirrornow·2.2M subscribers·145K videos
Currency ban: Is it good time to finalize or cancel booking? - Property hotline
Posted
November 16, 2016
Views
60
November 16, 2016
60
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
2:48Now PlayingExpert: Ashutosh Limaye, Head, Research & REIS at JLL India
Question: I have finalized and narrowed 2 BHK Apartment in Bengaluru East near Whitefield. Builder is dealing with cheque and not negotiating the price because of demonetization. I have paid a high rate for the property compared to a nearby project which is available at a cheaper rate because of specification, amenities and floor rise. I have paid advance booking for this property and yet to pay 20% during agreement. Now I am a bit hesitant due to demonetization. Is it good time to finalize or cancel booking? Should I wait for six more months to one year for the market to get stabilized?
Answer: Demonetization is impacting only when there is a cash component involved in the negotiation. Since payment is done via cheque, so there is no cash component involved. If the other developer is selling at a lower price, it is advisable to check the reasons for settling in lower prices. It is advisable to check the legality of the project, and the type of transaction.
Be Un Confused
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
