December 19, 2016
336
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1:39Now PlayingExpert: Ashwinder Raj Singh, CEO, Residential Services, JLL India.
Question: I am in talks with a seller to purchase a 3BHK flat (1500 sq. ft.) in a 10-year-old property named Purva Fairmont in HSR Layout, Bengaluru for a sum of about Rs 1.1 cr. Given the impending demonetisation impact on real estate prices, I wanted to understand if you would recommend that I hold on from pursuing this any further?
Answer: You should ahead with the deal because you are getting it with the great price. Maximum you can negotiate is upto 5%. Just do a clean deal. Try to transact in cheque/online medium. Try for distress sale in catchment area.
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