Real Estate: Artificial Boom-Be Careful

One of the most expert conmen that one can see in our daily life is the real estate brokers. They have the art of blowing things out of proportion and sell a piece of land for ten times its actual value. This happened during the Shamshabad airport construction time and also during the IT boom.
 
Now, it is heard that they are getting into the new trick. Ever since the Hyderabad metro rail project has come into discussion, the realtors have taken it few steps further and are busy luring people stating that the metro station is just 1-2 kms from their ventures and are bloating the land prices.
 
So folks, if you are getting such talk about metro rail next to your window, then you better watch out and make proper enquiries before going for any such deals. Reliable sources and industry experts say that it is mere artificial boom being created and the reality situation of realty market is still not recovered.