Every individual aspires to create a home of his/her dream and depending on the financial capability, plans to buy one. With an increased supply of disposable income in hand, the present generation has prioritized home buying as a life goal. To avoid any future hassles, it is important to follow the below mentioned tips before signing across the dotted line.
Technological advancements are all around us, making our daily chores and functions easier. Booking a cab or a flight ticket or a holiday is just a click away. There have been reports of technology eliminating human intervention totally but it is clear that a smart combination of human intelligence and technology will remain the key to any successful venture.
With the arrival of technology in the real estate industry, there has been fear that realtors will be soon replaced entirely by housing portals and websites. The basic functions of a realtor may be replaced by technology, but the human element will always remain a critical part of a home buying/selling transaction. In fact, the use of technology will help realtors to conduct their business in a rapid manner and move towards more closures. Property search websites have empowered the consumer to a huge extent but the role of realtors has been further enhanced and their demand has grown multi-fold.
The unofficial renaming of the suburbs- Developers touch new lows
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Psst! don’t look- Mumbai Suburbs are changing….names!
Take away my good name & Take away my life- Anonymous
Though clichéd, I cannot resist quoting Shakespeare from Romeo & Juliet here “A rose by any other name would smell as sweet” due to the apt context. But apparently Mumbai builders seem to disagree with the Bard and have launched into a renaming spree while selling properties. Obviously they firmly believe that the so-called “lesser” known locations will benefit from them being herded along with their more “popular” cousins. Yeah! As if calling Dahisar as Upper Borivali will change the property value of a housing project overnight and give it the sheen and polish it was missing till now.
Real Estate Dictionary- Simplified for the Common Man
A long time has passed ever since the first English language dictionaries were created. Modern language has added many words to the daily vocabulary since then, giving it a different hue as a lot of slang found its way into it too, not to forget a bit of profanity. However, no-one even thought about infusing the dictionaries with words that the real estate industry uses regularly. This has left us no option but to take the onus upon ourselves to do the honours of preparing a comprehensive list of such “realty-specific” words so the world wakes up to the contribution of realtors to English language.