The word ‘Slowdown’ is resonating everywhere in the country, giving negative vibes to the citizens. Be it economical stature or the condition any other sector like technology or construction, there is a big bug. The growth rate has been seriously hampered. The depreciation of Rupee is the greatest proof of this news. How can the real estate sector be spared from the infectious slowdown? The prices of property prices in Mumbai are almost stagnant. In Delhi/NCR, the situation is no different. However in both of these locations the rates remain high but lacked growth. And it’s not just about these two cities. Many other metros excluding Chennai are experiencing a similar lacking of action. But it was inevitable as we look at the unprecedented rate of escalation of prices in the past that restricted the prospective buyers from attaining a property. Then the bubble burst and very few people were buying the houses. This made the developers cash strapped. And hence the situation of saturation is before our eyes.Now several developers avail multiple discounts ranging from 5-20 percent, ultimately telling home buyers that the prices have come down indirectly. So the question arises that if this slowdown is a negative connotation for us or it’s a buyer’s opportunity. Experts have expressed positivity here and said that it’s the correct time when the buyers can get homes for lesser prices. The correction of prices has brought a relief and a man can now expect some stability of rates. Take one of the locations as an example, the Dwarka Expressway. In near past, the prices climbed exponentially breaking all the limits of affordability. Now it’s time that the prices should be corrected.Few experts believe that this calm situation will be continued till the next year’s general elections because after that there is hope of economic growth. But now it is totally a buyer’s market where lots of schemes put forth by developers to lure buyers exist.But there are certain things you should take care:Special schemes: Many developers across the country are going with the 80:20 scheme in which the buyer has to pay 20 percent of the cost upfront whereas 80 percent at the time of possession. This 80 percent can be easily availed through banks. There are several other schemes available but you have to dissect it to understand if there is any hidden cost. Always calculate the final cost and then compare with what you are paying.Due diligence: Research about the project in which you are interested. Learn about the developer, the quality of the product and the infrastructure development rate in the location of project. It is possible that a developer makes tall claims but deliver you none of them. So carefully invest your time in knowing all these. Many times the builder has a bad record of delivering the projects after the due date. You should be careful about it and know that there are norms by which if a builder delays in giving you the possession then he has to pay you interest on that.Investment: You should be certain that you are buying for a long term investment or you’re following the buy-sell trend. You should know that long terms are always a safer bet than shorter ones. займ на карту без отказов круглосуточновзять кредит онлайн