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Four promises by real estate developers in Mumbai that you shouldn’t believe

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Real estate market in Mumbai runs under a tough competition. Every company wants to lure customers and hopes to make a sell under their own name. Often it is seen that representatives from real estate developers in Mumbai end up making promises that are too good to be true. This is where the customer either falls in suspicion or believes them and goes ahead with the deal. A reliable real estate projects in Mumbai will never promise anything that doesn’t sound genuine. After-all it is a matter of their reputation and the name they have built over all these years. Here are some of the common fake promises that many real estate companies make and you should not trust them blindly.  Cash payment for tax free deal Many real estate representatives lure their prospective clients to make a deal with them by suggesting them to do the first payment in cash. Cash payment is lucrative because you save yourself from paying taxes on that transaction. But here, a lot of suspicion arises.