Vivek, Apartment Resident, Bangalore
Q: I am thinking to buy a flat. But builder is constructing at a very fast rate - 3 floors are raised in one month time. Will the construction quality be good? Is is using some chemical/ special technology to construct at such fast rate? What is the normal time required for single floor for good construction quality?

Latest Answer: Vivek, Please don't buy the property. Looks like the building is built on a small site. the real estate developer will have no clue what he is doing for sure. If he is one of those in white and whites with a gold chain dangling around his neck and drives a innova or fortuner....please stay away from them. These are people with out any knowledge or ethics. Raising slabs every 7 days is a the norm of the industry, but only for mega project. Because you need exceptional skills and good quality materials. The local "real estate developer" doesnt have a clue about quality as he is concerned about selling the flat. It's a buyers market and you will lot of choices, though the developers would like to say otherwise. The real estate bubble has popped in 2012 and market is going to bleed big time. For example, Sobha builder are building smaller apartment and they are also doing the interiors....that how things are....so don't buy a building constructed by cheap builders

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