The real estate finance advisory has two primary areas of business focus-Capital Structuring Advisory for Local Developers and Strategic Investment Advisory for Capital Investors.
In the year 2007 Preeti Banerjee bought a house in Royal Legacy, Vasundhara, Ghaziabad with the obvious high expectations of moving into a hassle free living. However, the dreams were soon shattered and she was exposed to the agony of an average middle class home buyer, often left alone at the mercy of the builders.
There have been many cases where the project gets a kick start and invites bookings only on the paper. The property dealer with their minor gains/commission advices the gullible buyers to put their money in the projects. The prospective buyer must take the help of a local advocate and request him to prepare a search report.
In order to confuse and mislead the purchasers, the builders use various concepts like, ‘carpet area, construction area etc. The developer even includes area available for car parking and staircases as total area. The purchaser should pay as per the area that he actually gets. To ascertain the sum he can take the help of a surveyor.