How to NOT buy real estate in India.

This is a series of blog posts I have planned to write to tell readers how NOT to buy real estate in India. What are the points to consider before committing to a flat/land/house/shop/office that you have decided to invest in? Real estate is illiquid, which means whenever you decide to sell it, it will take time to find a buyer. Over that, there is a lot of effort and documentation involved. So one has to be overly cautious when finalising a property, because the exit is really expensive and tedious.

Here are the next few articles that I have planned to write.

1. Agricultural land/Farm house, when and where to buy.

2. Residential plots - what are the factors one should consider before buying one?

3. Commercial offices - what your builder is not telling you.

   
   

   Over the past 10 years I have purchased and sold real estate in all these three categories and would like to share my experience with you all. Though my experience is limited to Jaipur, Rajasthan, but there are a few important points that I believe are applicable in every real estate deal.