Latest Answer: Hi Mr Javed,
According to me, if someone buys a new flat for Rs 1 crore and assuming the cost of UDS is Rs 40 lakh, the construction cost would be approximately Rs 60 lakh (which would exclude taxes such as service tax, VAT). Earlier, a buyer was paying Rs 3.20 lakh (8% of UDS i.e Rs 40 lakh). The buyer needs to shell out an additional Rs 1.20 lakh (2% of construction cost ie Rs 60 lakh), resulting in a total of Rs 4.40 lakh.
Latest Answer: Hi , both location have its own identities, Velachery is covered with IT companies so the demand and price is high these day and area got good appreciation now most of the builder/ investor is looking for open space so that why he preferred Thoraipakkam as next housing destination.
