Go Back   Team-BHP > Around the Corner > Shifting gears


Reply
 
Thread Tools Search this Thread
Old 17th September 2010, 19:47   #331
BHPian
 
quadra's Avatar
 
Join Date: Sep 2006
Location: Blore
Posts: 542
Thanked: 52 Times
Default

Quote:
Originally Posted by benbsb29 View Post
The flats on the 5th floor become illegal. Ask for the sanctioned building plan from the builder. You would need to get this verified from the authorities using a lawyer, i believe.
Thanks, will update my friend on this

Quote:
Originally Posted by Latheesh View Post
I have seen few apartment with illegal 5th floor. In most of these owner/builder occupy the same as he cannot sell the same.
Yeah, the builder clearly told us that the 5th floor was not approved and hence noone will give loan for that floor

Quote:
Originally Posted by shishir_bn View Post
Hi Quadra,
For 1) You need get a property lawyer and get every sheet of paper verified ( he will do it on your behalf)
for 2) You need to check this with BBMP dept. Usually the building plans will be notified in the records and stamped on building blue prints. Check the same with the BBMP office
For 3) You have to check the lift AMC since it is mandatory for a builder when the building is new(I think for first 2 years) or else get the purchase documents or manual or goto the lift seller and ask for the documents.
For 4) As per 2015 BBMP plan all the road will be extended or broadened. How soon is a big question since if there is any village/slum near the road then it will not happen soon due to political issues/litigations etc.
For 5) When constructing the building the builder would have given some amount and this issue will be closed. When the hand over happens to the building association then if the officials open this case then either the association or the owner has to pay a huge amount as penalty. So better see the approved plan and check the same with BBMP office before buying the pent houses.

Best solution is to get a competent lawyer who will do all these things for you and will give you a "legal opinion" and the next best thing is to take a home loan where you property will be verified by the bank people also.
Thanks for the advice, will pass it on.

We have another question if anyone of you could answer it ?
My friend cant afford down payment of 15% so the only option is to ask / request builder to increase the price of the property (in papers only) so he can get a higher loan.
> What are the PROS / CONS on following this practice ?
> Is it legal ?
> Any issue when selling the property in the long run ?
> Anything other things which require attention ?
quadra is offline   Reply With Quote
Old 17th September 2010, 19:53   #332
BHPian
 
2500cc's Avatar
 
Join Date: Feb 2010
Location: Bangalore
Posts: 661
Thanked: 229 Times
Default

Beejay, Thank you for the response, I've not seen the land yet and I hardly know anything about that place. This is reason I asked for pointers to help me. My budget is 5L per acre. Please let me know if that amount can fetch what am looking for ?

Cheers,
Rajesh

Quote:
Originally Posted by beejay View Post
Masinagudi and surrounding areas are falling within the elephant corridor.

Watch when you buy around that area.

Lots of land for sale around Ooty. Where have you seen the land that you intend to buy?
2500cc is offline   Reply With Quote
Old 20th September 2010, 13:36   #333
Senior - BHPian
 
beejay's Avatar
 
Join Date: Apr 2009
Location: The Nilgiris
Posts: 1,916
Thanked: 109 Times
Default

Quote:
Originally Posted by 2500cc View Post
Beejay, Thank you for the response, I've not seen the land yet and I hardly know anything about that place. This is reason I asked for pointers to help me. My budget is 5L per acre. Please let me know if that amount can fetch what am looking for ?

Cheers,
Rajesh
Rajesh, 5L per acre would be hard to find. Just hard thats all. You will get in remote areas, and for a farm I guess that's ideal.
beejay is offline   Reply With Quote
Old 22nd September 2010, 15:48   #334
BHPian
 
Join Date: Apr 2007
Location: Delhi
Posts: 112
Thanked: 17 Times
Default

To Bangalore BHPians, Can someone give me an idea what is current going rate per sq ft (buying & selling) for flats in Malleshpalya, C.V Raman Nagar area.
humans is offline   Reply With Quote
Old 12th October 2010, 16:33   #335
Senior - BHPian
 
panky12345's Avatar
 
Join Date: Mar 2006
Location: New Delhi
Posts: 2,649
Thanked: 124 Times
Default Service Apartments in Dubai

Hi Guys,

Looking for urgent information on service apartmnets in DXB, preferably with the tariff. Need not be upsacle, hi-fi.. but a decent apt with decent facilities.

Thanks in advance.
panky12345 is offline   Reply With Quote
Old 12th October 2010, 17:21   #336
BHPian
 
Raja's Avatar
 
Join Date: Apr 2007
Location: Pune
Posts: 414
Thanked: 61 Times
Default

This is old information, but 5yrs ago I stayed at Golden Sands in Bur Dubai. I was satisfied with the apartment (very clean). You will have to contact them for latest prices (and you can haggle depending on length of stay):
Dubai Hotel Apartments Discount Serviced Furnished Hotels Apartment
Hopefully you will get more recent experiences and other recommendations.
Raja is offline   Reply With Quote
Old 13th October 2010, 10:44   #337
Senior - BHPian
 
nishantgandhi's Avatar
 
Join Date: Jan 2008
Location: Mumbai
Posts: 1,219
Thanked: 150 Times
Default

+1 to that. I've also stayed at Golden Sands and can vouch for it.
nishantgandhi is offline   Reply With Quote
Old 20th October 2010, 09:45   #338
BHPian
 
msvg's Avatar
 
Join Date: Dec 2007
Location: USA / Bangalore
Posts: 198
Thanked: 15 Times
Default

hi All,

I am looking for plots for investment purpose in and around Bangalore region within 100 kms ,preferabbly on tumkur road,bellary road or magadi road. Looking for dimensions like 30*40 sqft and 60*40 sqft. Which are ready to registration.And have all the papers and approvals in place.

Thanks
MSVG
msvg is offline   Reply With Quote
Old 20th October 2010, 11:13   #339
Senior - BHPian
 
aargee's Avatar
 
Join Date: Jan 2010
Location: KATN
Posts: 4,672
Thanked: 2,024 Times
Default

Guys, need a little opinion/suggestion/advice here; we're new to buying a property & hence we decided to purchase only from highly reputed ppl like Akshaya, Marg, Vijayashanthi etc. We only opt to buy from OMR & surrounding areas.

We're totally confused with what to look for & hence deciding upon Marg Savithanjali as we've seen their premises. Are there any appts equally competitive & reliable as Savithanjali? Our budget cannot exceed more than 40L. Also some suggestion to negotiate will help as I don't know where to start or would the builders even agree upon negotiation for the prices.

We're not looking to move into our new home in a span of 2-3 years from now & we're also willing to wait if there're any upcoming projects.
aargee is offline   Reply With Quote
Old 20th October 2010, 12:58   #340
Senior - BHPian
 
anekho's Avatar
 
Join Date: Dec 2008
Location: .
Posts: 1,995
Thanked: 659 Times
Default

aargee, check out this link:

Chennai Property, Chennai Real Estate, Residential Properties for Sale in Chennai

Shows many of the current projects in Chennai (almost all are on OMR) and their price range!
anekho is offline   Reply With Quote
Old 20th October 2010, 13:34   #341
Senior - BHPian
 
shishir_bn's Avatar
 
Join Date: Nov 2009
Location: Bangalore
Posts: 1,192
Thanked: 104 Times
Default

Quote:
Originally Posted by msvg View Post
hi All,

I am looking for plots for investment purpose in and around Bangalore region within 100 kms ,preferabbly on tumkur road,bellary road or magadi road. Looking for dimensions like 30*40 sqft and 60*40 sqft. Which are ready to registration.And have all the papers and approvals in place.

Thanks
MSVG
msvg, there is a BMRDA approved sites/villas being sold at Nelmangala and says bank loans are also available. Just check that out. I will send you the number via PM. I saw this board near Nelmangala.
shishir_bn is offline   Reply With Quote
Old 20th October 2010, 14:24   #342
Senior - BHPian
 
ghodlur's Avatar
 
Join Date: Sep 2009
Location: Thane
Posts: 4,961
Thanked: 1,971 Times
Smile

Guys,

My 1 BHK (terrace) flat on Ghodbunder Road, Thane is up for sale. This is just opp Hypercity/Big Mall. Anyone interested can PM me for further details.
ghodlur is offline   Reply With Quote
Old 20th October 2010, 17:34   #343
BHPian
 
Join Date: Apr 2009
Location: Seattle
Posts: 573
Thanked: 49 Times
Thumbs down What you see is never what you get !

If you want a car that offers reliability and complete peace of mind, you go buy a Japanese - a Toyota or a Honda.

I you want a flat with the same qualities, you pick a reputable builder and you put your money down on the brand name and expect top notch quality without any last minute surprises.

We all know how annoying it is when you niggles with a car that we've paid a 6-7 figure sum for - BUT - what do you do when you come across discrepancies in construction for a flat that you paid a princely 8 figure sum for ?

The discrepancies could be something as minor as materials (paint/tiles/granite) of a different color or they could be major ones such as substandard fittings. What options are available to the buyer ?

Last edited by aah78 : 20th October 2010 at 19:29. Reason: Post moved to existing thread.
CrackedHead is online now   Reply With Quote
Old 21st October 2010, 22:00   #344
BHPian
 
ramki067's Avatar
 
Join Date: Sep 2006
Location: BANGALORE
Posts: 548
Thanked: 25 Times
Default

Quote:
Originally Posted by msvg View Post
hi All,

I am looking for plots for investment purpose in and around Bangalore region within 100 kms ,preferabbly on tumkur road,bellary road or magadi road. Looking for dimensions like 30*40 sqft and 60*40 sqft. Which are ready to registration.And have all the papers and approvals in place.

Thanks
MSVG
Hi MSVG,
You can look at E K Enclave, Tumkur Road. Its E Krishnappa (layout) of Mungaaru Male fame. All approvals are in place. Its next road to "New Agarwal Bhavan" on Tumkur road, 2.5 Kms from Nice road. Quoting between 700-800/sqft.
http://ekenclave.blogspot.com/
All the best.

Last edited by ramki067 : 21st October 2010 at 22:04.
ramki067 is offline   Reply With Quote
Old 22nd October 2010, 19:16   #345
Senior - BHPian
 
spadix's Avatar
 
Join Date: Oct 2007
Location: Gurgaon
Posts: 1,018
Thanked: 185 Times
Default Need suggestions for mid-sized 3BHK under INR 35 lacs (all-in cost) in Hyderabad

Hello all,

My in-laws are looking to move out of their current (somewhat small 2BHK) flat in Srinagar Colony in Hyderabad and buy a spacious 3BHK apartment on the outskirts. This is purely for them to start living in ASAP and not for any speculative/investment purposes.

Given that they are retired and living only on pension, economy and security are the biggest concerns.

I’ve outlined the requirements below and I will appreciate suggestions from members.

While I can easily research some of the bigger projects (Ramky/Aparna etc.) it’s very difficult to come across projects from small/medium-scale builders and hence the request on this forum.

Their requirements are as follows –

1. 1500 – 1800 sft HUDA/HMDA/GMCH/<anyoneelse>-approved 3 BHK apartment for less than INR 35 lacs
a. Villa not preferable – of course at this price point and with the following requirements it’s *almost* impossible
b. Including one-time parking, amenities and utilities provision -- it’ll be good if 35 lacs can cover the registration and stamp duty as well.
2. Car parking is a must
3. Large gated community is preferable so that there is enough company in the neighbourhood and there is adequate security
4. Lift (with backup) is a must even for 1st or 2nd floor
5. Electricity (with backup) and running drinking/bore water connections are a must
6. Easy access to public transport (relatives and friends visit frequently and some of them may require easy access to autos/buses)
7. Easy access to multi-specialty hospital and super market are required; proximity to schools/theatres/malls etc., and even railway/bus station, is not important
8. Other facilities like a gym, swimming pool, sports area etc. are unimportant
9. Preferred locations: As close as possible (keeping price in mind) to Srinagar Colony and Kukatpally because that’s where most of the relatives/friends live
10. Timeframe: Immediate availability and ready to move in within 2-3 months

Thanks a lot in advance for your help and suggestions!

Regards,
spadix
spadix is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
A trip out of Real estate to TEA ESTATE - Our Valparai vacation ch.nathan Travelogues 47 4th May 2012 16:00
Interesting website for availing discounts on bulk buying for cars, real estate etc. DCEite Shifting gears 0 6th September 2010 16:15


All times are GMT +5.5. The time now is 00:40.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks