Buying 3BHK flat in Bangalore
PAINFUL!
These are just reflections of my feelings when I went out to buy a flat in Bangalore. Not to hurt anybody's feelings.
I wonder how the flats are getting sold faster than Hot Bajjis.
AS far as my observation, the flat costs between Rs.2500 to Rs.5000 per sq.ft in Marathalli, Whitefield and Ring Road area. (Not any city side).
For a family of 4 members, and we need a study room, we have to opt for a 3BHK, of which the third bedroom is not even bigger than a store house. That's even not good to call a Study room, so conjested even for a primary school student.
The total area claimed is including the common area, the part that is irritating is there are several tricks in alloting and claiming the area, since the same common area is claimed for more than one person. There is no proper control or measure to check this.
You end up paying for 75% of your house and 25% of the common area. (a decent ratio). But in some flats the ratio goes worst.
The sq.ft cost is exclusive of the below:
1. Car parking - Rs. 150000 /- (approximately) for the second car its even higher sometimes double the price. (I dont worry for now but atleast I hope to have a car sometime in future and have to get one car park atleast)
2. BESCOM charges
3. Registration charges
4. Water board charges
5. Sewage charges
The above roughly comes up to Rs. 3 lakhs onwards for a 1200 sq.ft.
Above all you need to pay a maintainence cost of Rs.2 per sq.ft. ie., Rs. 2400 for 1200 sq.ft every month. That accounts to 28800 per year.
How painful!!!
But above all here is the worst part. When you go to buy the flat you like these guys say its almost sold. (The ones which have a good vastu, more brighter living room etc.) Wonder at these cost how people are buying it!!
Few of the supervisors say the truth.
"To be honest most of the bookings are happening online, some for which people dont even visit. People in Bangalore just keep visiting the site thinking of whether to buy or not, but mostly do not buy. Our customers are mostly overseas, US, UK, Arab countries"
What a pain!! The Indians who go abroad take up the job of the native guys and also increase the land value here so "common man" who works for his motherland can not even afford a 2 or 3 Bedroom apartment.
Politicians are least bothered about common man because the Reddy's who dominate the realestate in Bangalore as well as other cities in India keep them (politicians) 'happy'. Its more or less like land mafia, buy or go.
Some people like in TamilNadu vote hearing that they get TV. But ultimately its the middle class who suffers.
US and other countries shou
Most of the land is bought by the realtors by throwing money or by power. We all know this. But we can not do anything. The blood boils on undergoing these experiences of a common man. Yet I can not do anything just as most of you guys.
I am even irritated by the acts of our own brothers and sisters who work in foreign land, but do not invest where they work but invest in India making the realtors rich and the common man poorer.
Frankly, these people are neither good for the country they work (since they have taken their jobs) nor good for fellow Indians (since they have raised the price of land and made the realtors more bossy).
One final say, US, UK and other countries please send the Indians back, they are neither good for you nor for us.
These are just reflections of my feelings when I went out to buy a flat in Bangalore. Not to hurt anybody's feelings.
I wonder how the flats are getting sold faster than Hot Bajjis.
AS far as my observation, the flat costs between Rs.2500 to Rs.5000 per sq.ft in Marathalli, Whitefield and Ring Road area. (Not any city side).
For a family of 4 members, and we need a study room, we have to opt for a 3BHK, of which the third bedroom is not even bigger than a store house. That's even not good to call a Study room, so conjested even for a primary school student.
The total area claimed is including the common area, the part that is irritating is there are several tricks in alloting and claiming the area, since the same common area is claimed for more than one person. There is no proper control or measure to check this.
You end up paying for 75% of your house and 25% of the common area. (a decent ratio). But in some flats the ratio goes worst.
The sq.ft cost is exclusive of the below:
1. Car parking - Rs. 150000 /- (approximately) for the second car its even higher sometimes double the price. (I dont worry for now but atleast I hope to have a car sometime in future and have to get one car park atleast)
2. BESCOM charges
3. Registration charges
4. Water board charges
5. Sewage charges
The above roughly comes up to Rs. 3 lakhs onwards for a 1200 sq.ft.
Above all you need to pay a maintainence cost of Rs.2 per sq.ft. ie., Rs. 2400 for 1200 sq.ft every month. That accounts to 28800 per year.
How painful!!!
But above all here is the worst part. When you go to buy the flat you like these guys say its almost sold. (The ones which have a good vastu, more brighter living room etc.) Wonder at these cost how people are buying it!!
Few of the supervisors say the truth.
"To be honest most of the bookings are happening online, some for which people dont even visit. People in Bangalore just keep visiting the site thinking of whether to buy or not, but mostly do not buy. Our customers are mostly overseas, US, UK, Arab countries"
What a pain!! The Indians who go abroad take up the job of the native guys and also increase the land value here so "common man" who works for his motherland can not even afford a 2 or 3 Bedroom apartment.
Politicians are least bothered about common man because the Reddy's who dominate the realestate in Bangalore as well as other cities in India keep them (politicians) 'happy'. Its more or less like land mafia, buy or go.
Some people like in TamilNadu vote hearing that they get TV. But ultimately its the middle class who suffers.
US and other countries shou
Most of the land is bought by the realtors by throwing money or by power. We all know this. But we can not do anything. The blood boils on undergoing these experiences of a common man. Yet I can not do anything just as most of you guys.
I am even irritated by the acts of our own brothers and sisters who work in foreign land, but do not invest where they work but invest in India making the realtors rich and the common man poorer.
Frankly, these people are neither good for the country they work (since they have taken their jobs) nor good for fellow Indians (since they have raised the price of land and made the realtors more bossy).
One final say, US, UK and other countries please send the Indians back, they are neither good for you nor for us.
Labels: Bangalore realestate, flat bangalore, land mafia
posted by Sharing what I experience in this world at
11:25 PM
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392 comments
