With the arrival of the monsoon season, people living in low-lying areas in cities like Hyderabad and Mumbai are likely to face many problems. Therefore, those who are keen to buy homes should take into consideration whether the house is located in a low-lying area of the city or not. They should also take note of the average rainfall in the area and also find out whether there is good drainage in the area. If the specific area is threatened by floods, it is not advisable to own a house or rent a house in such areas. If it is inevitable, then they should buy houses in such areas if the price tag is attractive compared to other areas.
Those who cannot afford spending more in other region are ready to compromise on price. In fact, it is not easy for builders to build homes in such areas and sell them. That is why, they sell homes in such areas at 20-25 per cent less price. As purchasing house is a big budget project, many people prefer to compromise in rainy season and prefer low-cost houses in such areas.
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