Trivandrum Real Estate Blog - News, Trends, Property, Prices

The Nandanam Consultant's blog about Trivandrum its real estate, apartments, and news serves one single  mission - "Disseminate the truth to as many people as possible who are looking to invest in real estate in the state."

We recall a story at the moment. A customer called us one day to tell about his disappointment regarding an apartment. This was a flat he purchased going by a full page news paper ad in one of the popular news papers in Kerala back in early 2000's. 

The news paper ad from the reputed builder claimed three things 1) Never before price for the property 2) Great amenities & Luxury 3) Great Location. Being far away from Kerala at the moment, the customer had no way to validate the advertisement, but believed in these promises. He bought the apartment.

When we reviewed this ad (going by the archives), we found few things of interest: 

1) There was no promise of on time delivery 

2) The offer price caveat was typical of most builders to attract new comers 

3) The distances were not correct. There was a discrepancy of about 2 Kms of the actual location from what was advertized.

The result - people had no way of validating the property and differentiate its real value from the promised one. Five years hence when the property was still not handed over to the customer, to his dismay he found that he had nothing in the sale agreement to go back to in terms of penalizing the builder if the hand over had got delayed. 

Through our posts on this blog we hope we will enable you to make better purchase decisions for your property. If you like what we write , please feel free to share your comments and feedback with us. Your encouragement would help us even more in informing our customers and the general public of what to pay attention to in buying and selling your property.