What next? Price, Loan, what else?

[Groupbuyingblrproperties]

Hey guys, i think over 30 folks made it to the site. Thanks for being
there. Not sure what is the reaction after seeing the place. What do
you guys think? What factors will you consider if you want to take
this forward? I think we also need to put the pros and cons from each
one's perspective so that we get a cumulative of +ves and -ves and
then we can take a call.

I have put up what I can think of. We can discuss this as a group and
figure out how to proceed.

Thanks,
Anantha

[Jitendra Das]

Hi,

 

we need to check the negotiation price and loan availability.

 

Regards,

Jitendra

[Abhishek Nagori]

Hi All

Any idea what is the price/sqft around Bosch factory on Hosa Road or near the 'LGCL- Bamboo Forest.' property on ?

That might give us an idea about the prevailing prices in vicinity.

Regards
Abhishek

[Groupbuyingblrproperties]

What price do you guys think we should fix for negotiations?

I have seen one LGCL property on Hosa road opposite to the Karnataka
police layout. I think the price mentioned was 2 or 4 crores. Not sure
which one but definitely not 1crore.

On Jun 27, 12:38 pm, Abhishek Nagori <abhishek.nag...@gmail.com>
wrote:

> Hi All
>
> Any idea what is the price/sqft around Bosch factory on Hosa Road or near

> the 'LGCL- *Bamboo Forest*.' property on ?

>
> That might give us an idea about the prevailing prices in vicinity.
>
> Regards
> Abhishek
>
> On Mon, Jun 27, 2011 at 12:51 PM, Jitendra Das

> <jitendranath....@gmail.com>wrote:

[Kamlesh Vyas]

Here are my thoughts, I have given points to it based on my understanding.

* Location: 6/10

* Price: 9/10

* Basic amenities  (Water/Electricity/Sewage/..)  : ?
* Advance amenities (Children play area/Gym/..): 0/10 

* Security: ?

* Neighbourhood: ?

* Access to market/grocery: 5/10

Let me know your thoughts.

Regards

Kamlesh 

[Ravi Boyapati]

This is good, like this whoever visited, can you all please give some more insights on how you felt.

that will help all of us to decide on next steps.

Thanks

Ravi

--
Best Regards
Ravi

[Jitendra Das]

Hi,

 

My suggestion-those who are interested we can have a small meeting to discuss all these raised issues and proceed accordingly.

 

Regards,

Jitendra

[umanath sekaran]

Just Curious, anyone from this group has done basic document
verification of the layout/site with any lawyer who really knows about
this area ? If it's done what's are all the documents available and
what's required ? If we really satisfied with the papers then we can
surely go-ahead and negotiate for the best deal.

Till last year IDBI Bank was offering loan for the sites if it has
just DC Conversion, not sure still they are offering such loans.

Is there any houses under construction or already build in that layout
? because most of the problem starts during the construction, i have
seen many cases with revenue lands where multiple people claim support
for the single property.

Big plus point is the price & location, because today in hoskote they
are quoting around 1000 to 1000 Rs per sq. ft.

Thanks
Umanath

[basava raju]

Hi Anantha,

what is the Price Per Square Foot ? is it finalized ...

Thanks,
Basavaraju Matam.

[Amrut Kulkarni]

Hi All,

I could not join on sunday for site visit.

Can any one plz provide me the address/google map link and land marks.

Am planning to visit in the weekend.

Regards,

Amrut

--
Warm Regards
Amrut

[Groupbuyingblrproperties]

Hey guys, no price has been finalized. I had earlier proposed 700 as a
starting point of negotiations and worst case 750/- should be the max
we should go up to. What say guys? I went the same day to Sarjapur and
I found some gated communities they are charging 1600/sq ft negotiable
this is some 14-15kms away.

I saw Kamalesh's rating as given below and would like to add to that :

"* Location: 6/10
* Price: 9/10
* Basic amenities (Water/Electricity/Sewage/..) : ?
* Advance amenities (Children play area/Gym/..): 0/10
* Security: ?
* Neighbourhood: ?
* Access to market/grocery: 5/10 "

My thoughts:

Security, I think if we are around 15 ppl we can hire a watchman and
put 200rs each and pay him as salary and he safegaurds our land. Right
now I'm sure there's no one who would go there and stay.

Basic Amenities : Electricity is already there, we can get the builder
to write down in the agreement that he'll make an overhead tank,
sewage I did not see any chambers built.

Neighborhood: Janapriya housing society is coming up adjacent to this
maybe we can find out how much they are quoting. Prestige is
supposedly have taken 150 acres opposite to this layout to build a
villa project and Shoba is taken land after this layout. Hoskur main
bus stop is less than 2kms away from this place.
Access to market/grocery: There are shops on Hosa road and Huskur
village. Right now since no one is going to live there, i really think
it shouldn't matter.

Thanks,
Anantha

On Jun 28, 10:52 am, Amrut Kulkarni <amrut.kulka...@gmail.com> wrote:
> Hi All,
>
> I could not join on sunday for site visit.
> Can any one plz provide me the address/google map link and land marks.
> Am planning to visit in the weekend.
>
> Regards,
> Amrut
>

[Sameer]

I would like to add 2 things:

1 - A suggestion on security - Apart from keeping a watchman paid by us to guard part of the property that we own, each of the final buyers can visit once a month in rotation. That way each one has to individually visit only once a month.

2 - We should consider the access to market  / grocery, not now, but in the future, when we need to sell it will matter.

I think finding out the Janapriya rates is an awesome idea. I could not find any references to them online - does anyone have a lead on that?

Sameer

[Mathew Sebastian]

One question: Is there a possibility, will this layout be approved by BMRDA/BBMP in a near future? 

I'm completely new to this real estate matters; that's y the question.

Thanks,

Mathew 

[kunal gupta]

Hi Anantha,

I am very much interested to buy a site but am in my native until 11th July.

Could you please tell if you people will finalize the deal before this date?

Many thanks,
Kunal

On Mon, Jun 27, 2011 at 12:20 PM, Groupbuyingblrproperties <groupbuybl...@gmail.com> wrote:

[Rituraj Singh]

Hi Amrut,

I too will be visiting on Sunday.
Plz call me on 9611988370 and we can plan together.

Regards,
Rituraj

--
Rituraj Singh
Cisco Developement officer
Cisco Systems, India

[Groupbuying blrproperties]

Hi Kunal,

I think it all depends on how soon the folks who are interested want to do it. I guess if folks are interested, we can go to the builder this week finalize the price and then choose the sites and then start with paper verification.

Regards,
Anantha

[Abhishek Kumar]

let me know when you are planning to visit again. I will join.

REgards,
Abhishek
abhi...@cisco.com
9986927396

On Jun 28, 2:10 pm, Groupbuyingblrproperties

[Awan Sharma]

I am interested, but would like to understand if anybody knows why is the builder quoting less compared to surroundings. Is it due to the DC conversion? What does it mean? How difficult it is to get the approval from panchayat and BBMP.

Regards,
Awan

[Groupbuyingblrproperties]

Hi Awan,

DC means Disctict Collector and there is Panchayat approval already.
You cannot get a BBMP approval as it does not fall under BBMP limits.

Thanks,
anantha

On Jul 1, 9:36 am, Awan Sharma <awan.kumar.sha...@gmail.com> wrote:
> I am interested, but would like to understand if anybody knows why is the
> builder quoting less compared to surroundings. Is it due to the DC
> conversion? What does it mean? How difficult it is to get the approval from
> panchayat and BBMP.
>
> Regards,
> Awan
>
> On Thu, Jun 30, 2011 at 12:14 PM, Groupbuying blrproperties <
>
>
>
>
>
>
>
> groupbuyblrpropert...@gmail.com> wrote:
> > Hi Kunal,
>
> > I think it all depends on how soon the folks who are interested want to do
> > it. I guess if folks are interested, we can go to the builder this week
> > finalize the price and then choose the sites and then start with paper
> > verification.
>
> > Regards,
> > Anantha
>