tag:blogger.com,1999:blog-5269558537262232516.post4055045942505585291..comments2024-03-28T14:01:25.631+05:30Comments on Ravi Karandeekar's Pune Real Estate Market News Blog: Owner or Tenant?Ravi Karandeekarhttp://www.blogger.com/profile/01681035021606018101noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5269558537262232516.post-48759298877384946882013-07-11T08:55:22.134+05:302013-07-11T08:55:22.134+05:30Dear Ravi:
I read this article few days ago and w...Dear Ravi:<br /><br />I read this article few days ago and was thinking about few things. I understand that general opinion is that future flat owners in townships will not come together and demand services from builder just like people who live in corporation area (People in corporation area demand services from corporation through citizens forum, local news papers and local activist). <br /><br />But I noticed most of the mass which is buying flats in townships is very literate, very much connected to social media and worked in corporate culture. They are very much aware about service industry, it's business model and how to demand services and provide services. Similarly since they are very tech savoy they are connected to internet all the time through phone. I feel that they have more ability to form productive and effective "co-op" society and struggle in systematic manner. We have seen that in "Anna hazare" movement in front of Rastrapati Bhavan. So my point is may be there might be better governance in townships than in municipal area because of following factors...<br /><br />1. Average literacy level of people in township will be higher than in municipal area.<br />2. Advantage of Global Exposure of people who live in townships.<br />3. Effective Political participation due to lower Average age in townships<br />4. Connection to social media<br />5. Advantage of corporate Discipline(accountability, deliver-ability)<br />6. Better outlook due to quality media input (TV, Newspaper, blogs)<br />7. Higher average income.<br />8. More awareness of constitution and rights due to social revolution (like Satya-mev-jayate show)<br /><br />One good example of this would be systematic development of areas in "Kothrud" over "Peth area in pune".Gajendrahttps://www.blogger.com/profile/14603785840112495525noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-63974658820447538432013-03-21T03:07:19.181+05:302013-03-21T03:07:19.181+05:30@Manoj Khope
Your question is right but unfortuna...@Manoj Khope<br /><br />Your question is right but unfortunately real estate sector is one place where the deal is like "take it OR leave the place". If you have to fight where will you go ? Court...then keep aside couple of years in hand.<br />There is no REGULATORY body to govern this industry(thanks to government interest into this to make black PAPER white!) <br /><br />Another trick by builders is to tell negative loading <br />i.e super area - % loading instead of carpet area + % loading<br />Yes this has been common gimmik now to fool the buyers and we buyers never realize this.<br /><br />When you ask for loading % and carpet area they will say the carpet area is super area - % loading.<br /><br />Lets understand this with an example. Now a days builders are charging 33-35 % loading. For example if flat size is 1000 Sq ft. carpet area, considering loading % 35 super built up area would be 1350.<br /><br />In above case we have 1350 sq ft. super built up, 35 % loading and 1000 sq ft. carpet area but when you ask to builder he explains it in following manner to illustrate to you lower loading %.<br /><br />He will say 1350 sq ft. built up - 26 % loading = carpet area. But note the trick. Here he is calculating loading on super built up area.<br /><br />1350 sq ft (super built up) - 350 sq ft (26 % loading on super built up) = 1000 sq ft carpet area.<br /><br />This is absolutely cheating. In above example you will understand how builder manipulates the calculation and makes you fool. It is actually 35 % loading but builder tells you 26%. And I know so many buyers never realize this. Whenever you visit any project please consider this factor and ask them for carpet area, super built area and calculate exact loading factor. Never ask them for loading %. Amolwhttps://www.blogger.com/profile/11161943149781053368noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-61973063418158115662013-03-19T14:50:45.843+05:302013-03-19T14:50:45.843+05:30Thanks Ravi Sir!
I have one very popular questio...Thanks Ravi Sir! <br /><br />I have one very popular question and am sure you have the answer to it. Why should I pay extra 1-1.5 lakhs for parking. Ideally space below the apartments is the property of the flat owners. It just need to divide for each one for parking. Why anyone should pay this huge amount to builder????Anonymoushttps://www.blogger.com/profile/06068343941375760051noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-77934916273362124982013-03-18T10:10:06.936+05:302013-03-18T10:10:06.936+05:30Nice one Ravi. This is by far the best article so ...Nice one Ravi. This is by far the best article so far<br /><br />It sad that people do not know how read the title details on the PMC website. All there 'properties' have a "First Owner" attribute with the name of the builder written in front of it.<br /><br />And then for those who have taken a loan... all they are doing is paying rent to the real owner - the bank.<br /><br />GipsyKinghttps://www.blogger.com/profile/13732243013268490127noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-64169654967364945432013-03-18T07:15:48.823+05:302013-03-18T07:15:48.823+05:30An eye opener - thanks for the compliments, Amolw!...An eye opener - thanks for the compliments, Amolw!Ravi Karandeekarhttps://www.blogger.com/profile/01681035021606018101noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-62697619322299388422013-03-18T07:13:07.579+05:302013-03-18T07:13:07.579+05:30Thanks for the compliments, Vijay!Thanks for the compliments, Vijay!Ravi Karandeekarhttps://www.blogger.com/profile/01681035021606018101noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-11815192041226354122013-03-17T21:47:23.974+05:302013-03-17T21:47:23.974+05:30very much informative article and tons of thanks t...very much informative article and tons of thanks to Ravi and Mr. Kumbhar.<br />This is eye openerAmolwhttps://www.blogger.com/profile/11161943149781053368noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-18712808038824852932013-03-17T20:05:58.961+05:302013-03-17T20:05:58.961+05:30very good info.
So are you saying that if I purch...very good info. <br />So are you saying that if I purchase a flat in township, developer won't accept any money under head "society formation charges" at the time of booking?<br /><br />- vijayAnonymoushttps://www.blogger.com/profile/09530705304988816184noreply@blogger.com