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Tuesday, January 7, 2014

Know facts and pitfalls in real estate transactions

To bring in awareness as well as transparency amongst the general public in terms of real estate transactions, HomeShikari.com, a real estate portal based in Bangalore, has initiated a campaign that addresses about some of the undisclosed and unfamiliar real estate facts to protect buyers’ interests.

The objective of the campaign is to bring in awareness as well as transparency amongst the general public- in terms of real estate. The campaign will be promoted throughout the social media portals and will be exclusively aimed at Bangalore consumers.

The thrust behind the initiation of the campaign is based on the website’s personal experiences with their customers. A large number of customers has faced legal issues and were being conned by builders and developers simply because of basic lack of real estate awareness. Besides, since inception, HomeShikari has been striving towards bringing in transparency in the real estate industry. It is the only such real estate portal that uses transparency as the core business module, a press release claimed.

According to Nishita Agarwal, Senior Marketing Manager, HomeShikari, “Bangalore has seen a steady rise in buying and selling despite the real estate glut in the country and the increased jurisdiction of the BBMP with the creation of greater Bangalore has resulted in a lot of irregularities which are still under the BBMP's scanner. Ultimately, this makes it even more important for a property buyer to be aware of realty facts- from legal issues to paperwork, the type of property, property tax and a lot more.”

HomeShikari anticipates that the campaign will not just make a layman aware of the furtive facts but will also bring in transparency to an extent in any sort of property transactions.

Besides working to eradicate deception and manipulation against property buyers through its transparency features, HomeShikari offers a plethora of other realty services under its strong suit. The prominent home buying services include; procuring an Encumbrance Certificate, Khata Certificate, tenant management, property monitoring, legal assistance, rental agreement assistance, property tax payment, utility bill payments etc.

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