Three New Types of Indirect Discounts Offered To The Property Buyers


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A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

RELATED POSTS


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

ADVERTISEMENT


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.


A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary calculations. As I discussed that web low cost is vital. One vital side that’s ignored by patrons in such schemes is whether or not they really want vacation residence or not. All the time keep in mind that vacation house is an extra value for the customer when it comes to upkeep and so forth. The rental worth of such flats is minuscule.

Now you should be questioning what to do on this case i.e. ought to I am going forward with the scheme or not. The reply could be very easy, you possibly can ask for low cost equal to the worth of 2nd home provided by the builder. Subsequently, I’ll give a counter supply to the builder for a Kharghar flat. After adjusting the low cost of 12 Lakh I’ll supply to purchase a Kharghar flat for 48 Lakh. I can stretch max 50 Lakh however no more than that.

2. Money again supply:

That is the 2nd sort of oblique low cost. Fairly curiously I referred to as a number of builders who’re providing money again gives. They don’t seem to be keen to disclose any element to property patrons over cellular/cellphone name. They insist on visiting the positioning workplace after which solely they are going to share the main points. Subsequently, there’s a massive thriller round these gives.

Anyhow, I visited a few websites and I determine that there’s money again of round 1 Lakh to 2 Lakh. The completely different builders are passing this money again otherwise. For instance, in sure instances, the 12 to 24 months upkeep prices are waived off. In one other case, money again is adjusted in opposition to membership home membership and so forth.

Subsequently, the purpose I’m making an attempt to make is that the utmost money again is just as much as 2 Lakh for mid-segment tasks. One other suggestions from readers of this weblog is that earlier than the launch of money again supply, the builder elevated the fundamental worth of the property. Subsequently, it will be significant so that you can examine whether or not you’re getting actual money again or not.

Personally, I’m not excited or enthusiastic in regards to the money again gives. It’s like taking out cash from a left pocket and put it in proper pocket. Once more I’ll want a direct low cost.

3. Purchase at Pre-Launch Worth:

For any undertaking, the pre-launch worth is the benchmark price. It’s assumed that worth is not going to go beneath the pre-launch worth. The reason is 15% – 20% low cost is obtainable on the time of pre-launch. Although it is extremely subjective. As per builder’s price card, the distinction between the value on the time of possession and pre-launch is minimal 40% to 50%. The precise distinction could fluctuate.

In a determined try to clear stock, the builder’s are providing a property at a pre-launch worth. It’s like enjoying with the psychology of the property patrons. Although it’s good for the property patrons. Have you ever ever puzzled what if the builder just isn’t in a position to clear stock even on the pre-launch worth out there 2-4 years again? Right here the common pricing will come into the image. I’ll clarify it in one of many future posts. The purpose I’m making an attempt to make is that if the builder just isn’t in a position to full its goal by providing pre-launch worth then the costs could drop additional. Quite the opposite, a purchaser could miss the very best deal if the builder is ready to offload the stock.

For my part, it is smart to just accept this supply solely within the underneath building undertaking nearing completion i.e. at the least 90% building is accomplished or superstructure is prepared. On this case, the likelihood of additional worth drop is nearly negligible. Whereas in different instances whereby the undertaking is at a nascent stage of building, the costs dropping beneath pre-launch worth can’t be dominated out. Amongst all three gives mentioned on this submit, I discover this scheme financially useful.

Copyright © Nitin Bhatia. All Rights Reserved.

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A few excellent news for the property patrons.  First one is that the house mortgage rates of interest are at all-time low. It helps to extend the house mortgage eligibility of a property purchaser thus growing affordability. The second is that within the current previous, I noticed that builders have began providing oblique reductions to the property patrons. In my earlier submit, I shared how the builders are controlling/managing the charges in Main Market Charges. The oblique low cost is the 2nd step if the builders fail to draw patrons i.e. not in a position to management or handle the property costs. The following logical step is a direct low cost that’s the least most well-liked possibility.

The large query is whether or not the property patrons avail oblique reductions or look forward to direct reductions. The reply is subjective and in my view, will depend on the money movement & margins of the builders. In sure instances, each direct and oblique reductions are provided. It is sort of a double bonanza for the property patrons. Although the builders are placing up a courageous face. For my part, implementation of GST and RERA will additional make the going powerful for the builders. On the finish of the day it’s excellent news for the property patrons.

Three New Forms of Oblique Reductions Supplied to the Property Consumers

You should be very effectively versed with the oblique reductions just like the free modular kitchen, complimentary automobile parking, Waiver of VAT and ST (now GST), new automobile, international vacation and so forth. Usually, the patrons want direct reductions. For instance, a automobile buy is a private alternative and patrons want to avail automobile mortgage & purchase the automobile of their alternative as an alternative of accepting the automobile mannequin provided by the builder. On this submit, I’ll share three new sorts of oblique reductions that will sound fascinating to numerous patrons.

1. Purchase One Get One FREE:

You should be shocked with this supply. Usually these gives are widespread in FMCG business. For instance, purchase One Get One Cleaning soap Free or purchase One Get One Biscuit Free. Not too long ago, I noticed an Advert of Purchase One Flat and Get One Flat Free. This Advert was for a flat in Goregaon (Mumbai). After I checked the value, the value provided by the builder was 10% lower than the prevailing price. After I additional inquired in regards to the supply, the advertising and marketing govt of the builder insisted me to go to the workplace to get extra particulars. Briefly, the entire particulars weren’t shared.

I did my calculations and roughly I used to be getting a property at half the charges. I used to be underneath impression that 2nd free flat will probably be in the identical undertaking. All my desires shattered once I got here to know that 2nd free flat is a vacation residence close to Alibaug in Raigad district. The worth of 2nd flat is 12 Lac. Subsequently, on a flat price 1.5 Cr, I used to be provided a free flat price Rs 12 Lac thus web low cost of 8%. Anyhow from a advertising and marketing perspective, it was and crowd pleasing supply to generate leads. On this case, there was a direct low cost of 10% and an oblique low cost of 8%.

After I shared my calculations with the advertising and marketing govt, he had a counter supply for me. He provided me a flat for Rs 60 Lac in Kharghar by the identical builder and instructed me now my low cost is 20% :). Briefly, purchase any flat from the builder in any of the tasks however free flat will probably be vacation residence in Alibaug.

On a severe notice, the customer shouldn’t be lured by the gives. It is very important do monetary