SUNNY’S

MONEY REAL(I)TY
STORYBOARD SIDDHARTHA SARMA ILLUSTRATION ANIRBAN BORA
CONCEPT UDAYAN RAY

This developer has Sunny floored by his tall promises. The

proposed amenities in this under-construction housing complex
seem too good to be true. Is Sunny falling into a trap?
Uggh! What Thank God for that! She is attractive, isn’t she?
the ###@^#! Good luck with your Surely that is enough to make
house-hunt. you buy something in this
No! Tiger god-forsaken place.
no!!
Oh!
Come
on!
I’m ok. He
just got my
I’m so sorry. trousers.
Are you badly hurt?
Should we find
a doctor?
No sir. It’s right
behind you. It will
Oh really?! I am be ready in You
really sold out. three years. maniac!!
Sir, what a wonderful
housing complex! You can get a lovely
view of your apartment from the gate and you
can go from one tower to another from the
terrace only. Prices have gone up by
15 per cent in the last two months.
Aaaagh!! Surely, not
these. They look like two
years away from
completion.
There
will be
another price
increase of For the past 30
10 per cent in minutes, you have been
the next two going on about steep price ap-
weeks. You preciation and how wonderful the
must buy apartments are, but where are the Next tim
right now. ones we are talking about? e:
FUND
REVIEW
Ms SINGH’S MONEY TIPS QUIZ
● Check whether the title is clear, especially with regard to What is the typical lease period for Grade-A office buildings?
investments in land and under-construction properties A. 4 years B. 7 years C. 10 years D. 9 years
● While investing in under-construction properties, ensure that Answer to the last quiz question: (A) 12 WORKING DAYS
the delivery period is not more than six months away Winner for quiz in issue dated 6 April 2011: SUBHAS CHANDRA
● Ensure that the developer has a proven track record. Try to go for a DASGUPTA, KOLKATA
listed developer, information on whom would be more easily available

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