Better to buy Apartment at BRIGADE MEADOWS

Q: SAPTHAGIRI - Apartment BANAGIRI NAGAR

Costing for Apartment:

235 Sq feet x Rs. 6000 = 14.0 Lakhs
975 Sq feet x Rs. 1500 = 15.0 Lakhs
CarPark, Lift, Wardrobes = 4.0 Lakhs
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Total = 33.0 Lakhs
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Owner Wants Rs. 48.0 Lakhs! with No View.

Suresh, Apartment Resident

15th August 2012

Buying property in Sapthagiri Residency 3, Banashankari, Bangalore

sapthagiri

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Replies (5)

Suresh, as far as I know, if we surely know that builder is charging too high than actual price then I think we can take legal help, complain in consumer courts, or so...

vijay, Kolkata

17th August 2012

Comment

Yes, we can compare the prices in the area with other projects similar to the one we are looking at.. We have to keep in mind the various other factors of course..

shwetha, Chennai

17th August 2012

Comment

It is a 4.5 Years Old Apartment. My costing is on the higher side. The plot of Land is not flat. Taking a car out of the apartment on to a Road 20 feet in width with heavy traffic is also difficult. One should infact consider depreciation of Apartment but Apprication of Land Value. Anyone paying more than 35.0 Lakhs is making a mistake immaterial of Demand and Supply.

Suresh, Apartment Resident

17th August 2012

If there is good demand then the prices will not come down... If we know there is less demand then there are chances we can demand for a lower price.

Sitaram, Hyderabad

17th August 2012

Comment

If you are interested in any other project you can post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.

krishnan.murali26,

16th August 2012

Comment

Hi Suresh, Did you ask the owner why he is charging higher amount?

venkat.reddy3098,

16th August 2012

Comment

Which should we as buyers question Owners on their Expected Selling rate. We should do our own costing for an Apartment and then decide if it is in a range Negotiable with the Owner's expectations. 33.0 Lakhs to 48.0 Lakhs is a wide difference and no use in trying to negotiate

Suresh, Apartment Resident

16th August 2012