Realty prices soaring high

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The Congress government was supposed to be for the common man. But it seems they have betrayed, rather destroyed their main theme, “the common man.” Today, the basic amenities are made available to everyone but the common man. The most basic amenities such as water, electricity and shelter seem to be a distant luxury for the common man. It has now become difficult to believe the government who proclaims, “Food, water and electricity is the basic right of the citizen of India and that nobody can deny it.”

Ever since the NDA government came to power, the common man has suffered the most. The common man not only bears the brunt of paying taxes but also gets crushed by rising realty rates.

“Buying a flat these days has become very difficult. In just 2 years the rates have increased a lot. In fact in some locations they have reached the sky. I belong to a middle class family and wanted to buy a small 600 square feet area 1 BHK flat. When I met some real estate consultants and builders and enquired about my requirement, I was shocked to listen from them. They said it would cost me 11.5 lacs minimum to buy a 1 BHK flat,” says Shushant Heere, an IT professional who works for an MNC in Mumbai. “No doubt I can afford the rate. But then I’ll have to compromise on other important things in life.”

Shushant had been struggling for a house since 6 weeks. Finally he zeroed in on a beautiful complex in Navi Mumbai. Today he is a proud owner of a 2 BHK flat overlooking a lush-green garden. Thanks to some trustworthy estate consultants.
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Posted byJai Anand  

1 comments:

Jai Anand said... July 22, 2007 at 12:47 AM  

Think long-term and invest in property. The best part is: long-term duration is 2 years.

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