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Real estate evaluator for buy or invest in residential property chennai
1. Real Estate Evaluator for Buy or Invest in Residential Properties
Today, everything we buy from cars to computers to mobile phones is becoming
increasingly affordable thanks to the reduction in raw material costs, highly competitive
markets and advances in technology. However, there is a sector or area that is yet to catch
up with this trend in the real sense and it real estate Chennai. While developers around
the country seem to be moving in that direction to maintain healthy balance sheets into
recession, we have yet to see a real effort to reach the masses can only dream of buying a
home.
Traditionally real estate has always been an expensive proposition due to high land
prices, high costs of construction and the builder make a good margin on their
investment. Two thirds of the population had this for inability to pay. While pragmatism
and enterprise has required builders to develop properties outside the city to mitigate the
cost not only for real estate builder, but for the buyer, and, most builders are buying land
in the most expensive parts of the city of Chennai and discover that there is no market for
it Property Chennai
Payment schedule and other details as follows
2. PAYMENT SCHEDULE
Rate per Sq.ft 1500 1450 1500 1500 1450 1450 1500 1450 1450 1450 1450 1500 1500
2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK - 2BHK -
TYPE
Plus Plus Plus Plus Plus Plus Plus Plus Plus Plus Plus Plus Plus
AREA % 1006 1007 1009 1010 1011 1013 1018 1025 1027 1033 1037 1089 1096
Booking Amount 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000 50000
Within 30 days of booking 15 176350 169023 177025 177250 169893 170328 179050 172938 173373 174678 175548 195025 196600
On Completion of Plinth 10 150900 146015 151350 151500 146595 146885 152700 148625 148915 149785 150365 163350 164400
On completion of Slab 1 15 226350 219023 227025 227250 219893 220328 229050 222938 223373 224678 225548 245025 246600
On completion of Slab 2 15 226350 219023 227025 227250 219893 220328 229050 222938 223373 224678 225548 245025 246600
On completion of Slab 3 15 226350 219023 227025 227250 219893 220328 229050 222938 223373 224678 225548 245025 246600
On completion of Slab 4 15 226350 219023 227025 227250 219893 220328 229050 222938 223373 224678 225548 245025 246600
On completion of Tiling 10 150900 146015 151350 151500 146595 146885 152700 148625 148915 149785 150365 163350 164400
On Possession 5 75450 73008 75675 75750 73298 73443 76350 74313 74458 74893 75183 81675 82200
Total Cost 100 1509000 1460150 1513500 1515000 1465950 1468850 1527000 1486250 1489150 1497850 1503650 1633500 1644000
Other Charges 160000 160000 160000 160000 160000 160000 160000 160000 160000 160000 160000 160000 160000
SUM TOTAL 1669000 1620150 1673500 1675000 1625950 1628850 1687000 1646250 1649150 1657850 1663650 1793500 1804000
Other Charges to be paid at
Note:
Possession
TNEB 25000 a. Cost of one covered car park is Rs.60,000/ and for one Reserved Car parking is Rs.30,000/-
Corpus Fund 20000 b. Registration Charges 1% extra.
Legal Charges 15000
Township Amenity Charges
2BHK 75000
2BHK Plus 100000