I dont know why people are buying flats without watching your videos. They are actually making real estate purchases more difficult for themselves and for other people by not being aware. huge amount of appreciation and respect for every video you have shared.
Flat owner (carpet area) - Self Building owner - society Land of building - Builder Land ownership checking Conveyance of land checking. Avoide in Township flats Maximum floor must be 5 floor.
Krish you are doing a great job man! I have burnt my fingers too (twice) and still trying to recover. Have lost almost 10 years of my life expecting stability by buying my own house instead of moving from place to place on rent. Now i am absorbing a lot of knowledge from you for my next move. Glad i stumbled over your video while looking for Palava and now i cant stop watching your videos. One thing i noticed though not one builder is unlike the other, they have been gladly exploiting us just like our politicians showing promises of a glorious future and our hero worship is leading millions of us to fall for them
@@DiogenesTheFrog @KrishnarajRaoUrbanNaxal This was an old post and now im happily settled in a new apartment which i own after learning lessons from this person. Its a local builder with minimum required useful amenities, newly constructed ready to move flat & shared OC before paying token money. @KrishnarajRaoUrbanNaxal you have had a lifechanging impact on my life and i really thank you for your invaluable guidance!!
we have a flat in a small standalone building but we know what problems we faced while selling the flat. No one was interested in our flat everyone wanted amenities this that. We had to answer about the maintainance because the society had only 11 members and due to lack of funds the building is in a bad condition. One is totally helpless anyway if he buys a new flat or buys in a standalone.
I get your point of view unfortunately people want to create impression that stand alone projects are better but they never understand that selling the flat later becomes so difficult. The podcast should have highlighted both aspects rather than running down one against another.
@@rinku99243 its nothing of that kind. Nobody is forcing you to buy a stand-alone building flat. Its not easy to get such flats because maintenance is reasonable and people dont want to sell... Middle-class find it difficult to pay mounting maintenance bills after a few years
Small buildings come with their own problems People don't buy flats in big name buildings for amenities it's just that there won't be an absolute dickhead who is elected as president and doesn't do shit for the building and disagreeing with him means making your own stay miserable With big builders this can be avoided coz the company takes care of all repairs and stuff without pissing people off and not picking up their calls
@@Motivationwithsandeeppandey remember my golden words, this may help you and many out there. BUY ONLY FINISHED FLATS... do NOT give any token money to any shit brokers or builders after looking at their boucher, pamphlet etc filth advertisements. before the flat is even constructed. delivery after 1,2,3,4 etc etc years no no....
@@Reddylion very true. Don't give money for anything you cant touch and see. Else consider it as gone with the wind and debt for life time fir nothing.
Tall building may or may not be a sign of development. But it's a sign that a lot of people want to live in that city and the city has lot of opportunities and jobs for the people to grow and earn.
Pehli baat 1000 sqft ke liye main 20 crore kya 1 crore bhi na doo mumbai jaisi poor infrastructure based city mein . I am a South Mumbai resident and I know the shit hole mumbai has become . Great video and many more disadvantages could be listed down on these huge towers
he is right, township is nothing but gimmicky thing, 1-2 yrs later every1 loses interest in using the amenities provided but still have to pay for the maintenance charges of the same
I shared your view with my wife where we contradicted each other on same point but fortunately I bought a flat in a standalone building. When I visited my friends place last year where they just moved in 2 years back in a township project with big name we found they were very unhappy. We saw apartment interior already falling off and they shared they will have to renovate again in just 2-3 years of moving in. It was god’s blessing I took right decision 10 years back.
Exactly, by the time your loan will complete the remaining building life will not be more than 20-30 years. Its not like humesa humesa ke liye, your children will again have to buy a flat in their lifetime. So its better to buy an independent plot and build your home.
People want to live in luxury apts and gated communities hence builders are providing them with all facilities. If you can afford buy it. Otherwise there is no question happily buy in standalone buildings.
I don't think this analysis is practical. Standalone apartments are built in the entire area of land. Gated communities will leave at least 60-80% of the area free(for amenities). So final UDS(Undivided share of the land) is almost equal(in some cases I saw gated communities are giving more UDS than standalone). Standalone apartments don't leave any border area. If another standalone building or other construction happened beside our apartment, you won't get any lighting or fresh air. I saw in many cases standalone apartment people are suffering because of ventilation issues. Another big advantage with gated communities is we can leave our children for playing without any security or vehicle tensions. (Like in villages we leave children free to play on roads). This is not possible with standalone apartments. Though its costs 15 to 20 lakhs more, there are definitely many advantages with gated communities over standalone.)
Yes I agree. Sometimes even with small societies, it is sometimes difficult to get repairs or redevelopment done. This has happened in our society and now it is in broken down state, but everyone is still not agreeable on resale or redevelopment. Some people r not paying maintenance and it puts pressure on existing members.
being lazy enough to not use sports amenities is no justification to say smaller buildings are better than large societies. Where do kids go for safe play grounds ?
Yes , you have point , better to choose ( not a standalone and not 5000 flats city ) , go for 500 flat society or 200 flat society with ample space for kids to play and enjoy their childhood , ( with conveyance deed )
Also there is no walking space in small societies. If you live in Mumbai, there is basically no space to walk apart from constantly being scared of being run over. Even if you don’t use sports amenities, the least you require is some walking space.
This is a very good channel for gaining knowledge . Thank u mr rao . I wud request you to take on all topics of real estate and make videos . Very few people talk of all insights . Ur views wud be helpful for all
I live in standalone two floors government build home my house from childhood...I would prefer my standalone home over free residential flats of 10 bhk...living in good small space is far far better than modern flats...come and see my home.
Fantastic Video!! Pure gold information. You genuinely deserve to be awarded by average citizens some recognition. One day you surely will! More power to you sir!
We need many more urban naxals like you sir! Now I realised why this became “Gaali” under this regime😜 I was surfing for a flat in Bangalore and your video popped up and I watched ... and straight away subscribed. Learnt lot from you sir! Respect....🙏🙏🙏🙏🙏
urban naxal is not a problem hypocrisy is issue is that normal an urban naxal is leftist so they always find out loopholes only under bjp rule, but go blind on other political parties where as all the parties are corrupt and dishonest!
@@who-Am-I-Here stop this what aboutary 😡 Don’t be a fan of any political party or politician but try to be a good citizens. When other parties were ruling everyone including media used to be anti establishment but that time supporters were not abusing or trolling but now only what aboutary and Al others are bad except ruling dispensation!! Grow up before it’s too late😡
@@Dr.SD4079 exactly that's what i am saying! dont be fan of any political party! all the parties are thieves and thugs in nature! and your perception about media being anti establishment is hilarious sire in history, there has always been a certain percentage of media houses who have behaved as anti establishment and some as pro establishment for example india news/ndtv/IBN Lokmat all are pro congress/leftist republic tv/zee news/aj tak are few of pro bjp channels you have to understand that media is a profession, not any philanthropic organisations who won't think about profits so they have to support some parties problem is congressi CHAMCHA won't believe that NDTV is pro congress and bjp BHAKT will do the same for republic tv!
@@Dr.SD4079 and for your information if you go to any non bjp ruled state like maharastra or wb i can show you at least 5-6 newspaper/tv channels in each of the states who are supporting the ruling party blindly(congress/sivsena in maharashtra, tmc in wb) just like some of the national news channels are supporting the party in power, bjp! so bottom line is all about power and money EACH OF THE MEDIA HOUSE is MOUTHPIECE of a certain political party!
@@who-Am-I-Here absolutely! That’s why don’t be a fan of any politician but a good citizen!! Every govt does the same but this central govt has crossed all limits in lying using media money and muscle….. Above all can u imagine “ Beti bachao” budgeted 80% money spent only on advertisements 😡😡😡
You miss to say every building must have insurance to protect interest of all flat owner. To rebuild... Cost. Rent till building build. incase of any thing wrong happen.
It is best to live in a standalone building that is more intimate and you know all your neighbors. Instead of paying a clubhouse lifetime membership ranging from 2-5 lakhs, go and buy a membership to your local area club where you will get many more amenities, better facilities, food, people network etc. Also, since it would be a club forever, maintenance would be great!
My heart skipped few beats. Like seriously, if someone put his all the life's savings in those projects and if something happened to these boxes then you are finished. You won't even get any loan based on such property.
I booked standalone and has security, water supply, cameras, near to bus and main road, power backup, parking small back up place and great news is that i have a 60 sq yds UDS. check these parameters and bet you will be happy and of course BUILDING APPROVALS LIKE RERA HMDA AND ALL....
I live in a society which has two buildings with 8 Floors, 3 huge flats in every floor, there are many good things about the society, but the worst part is maintenance charges, it's the highest in nearby locality - Dwarka , Delhi. There is no club house or indoor games, just a very tiny portion where we can play badminton, at least in township or big societies your entire maintenance charges doesn't get wasted
I have to disagree, that - it is better to buy flats in SMALL STANDALONE buildings rather than BIG township projects. Here are the reasons why - before that , i need to mention that i am referring to Flats in Bangalore and only in certain pockets of the city, especially the newly developed ones following the IT SECTOR boom of 2000. And i have no expertise in buying flats or have complete knowledge about the realty sector . the below is my experience and issues encountered by some of my friends when buying flats. Here are the reasons why -- it is NOT better to buy flats in SMALL STANDALONE buildings rather than BIG township projects. 1) FLY BY Builders - Once the construction is complete, these builders and their small org vanishes and they set up shop some other city or by a different name. Why they do this is because buyers cannot get hold of them until they go through po-po and courts. To build flats quickly , these builders would have cut corners, sub standard quality, obtained clearances by bribing officials etc. So, for the first few months/years, every thing will be fine, then the problems start . some examples , a) encroaching the road - newly formed areas have a plan to develop in phases - so, initially, the road in front is a double road of 4 lanes and future plans of making it 6 lanes including service road and footpath etc. officials who gave clearness and approvals b) Of course, monies is exchanged for getting electricity, water etc but its paid at a high level officers who will not try to con their way out as media as they need to answer to people . Another distinct advantage is these guys have multiple projects on-going or planned and they use good quality
Very good explanation about the disadvantages of buying a flat in a multi buildings in a single complex and the most important drawback in getting conveyance for the land of that multi building structure. As you said rightly getting conveyance for this buildings are beyond our reach, as chs's members are least bothered about the well being of the society, which in turn is exploited by the developers. Tks very much for sharing.
I very much Appreciate your Efforts.People invest their hard earned money in to buy flat most of them are unaware of prevailing laws an regulations and most importantly there are many laws and regulations in force for a single propert which makes the matter even more worse. Overall a very informative vlog.
That has happened in Chennai a few years ago. When the tower was under construction, the earth caved in and a couple hundred workers died. It took several weeks for retrieving the bodies. And those who have invested by taking loans from banks virtually became beggars overnight. Court proceedings are still going on.
Very valuable information and awareness creation particularly for the generation dreaming on town ships and massive housing complexes. Very nice explanation. Tnx sir.
currently this is happening with our society also. Ours is a group of 4-5 buildings of 7 floors each having separate society and collectively there is one federation. Our society went to builder and asked for land conveyance, he refused outright saying its complex structure of 4-5 buildings having same drainage and pipeline so i cant give conveyance. the case is in court now. And builder is also making 20 storied towers in vicinity. As Krishnaraj ji said he will not give conveyance untill all his towers are made and use all fsi
Very much agree to you. Since all of this projects started providing incomplete apartments now there more of a need for a professional home inspector. Many also have started in key cities like mumbai, delhi, Bangalore and pune
Easily explained. Thanks sir. I am looking to buy 1 bhk around 50 lakh which is availble in Thane or Kharghar in resale instead of new project. In Kharghar, most of the building are constructed with 12.5% tri-party agreement. Need some enlightenment on it. Thanks.
Wow Sir! Great video and information. I recommend everyone considering buying a flat to first watch Krish's videos or else you will repent later... seriously. I personally feel it is better to stay in a rented house if you don't get a totally clean property to buy. All the best!
100% agree Sir; but the issue people buy flats in townships coz of amenities for their kids- sports, cycling, swimming, etc..in small standalone flats these things are not there, maybe outside at some distance-transport, safety, etc..
Big complexes have huge maintenance bills due to the various amenities like swimming pool, gym, club house, jogging park, children's play-ground, nana-nani park, podium parking, etc which middle-class people find difficult to pay after a few years.. Their rates are also high because the builders charges super-builtup, I.e, from the gate..
In Maharashtra a coperative housing society can be established in a building having more than 10 flats and Apartment can be established under apartment ownership act for 5 or more flats. What is the provision if a building has 3 flats? What are the legal provisions? How will the flat owners become owner of land and in future redevelop the property at their will if required?
Its better to create a micro housing collaborative ourselves and hire architects and get things done .... and stop buying from big developers.... thats d only way to manage the risks better
Try to understand the discussion here. You need to have ownership of the place you live . You can always rent anything and enjoy...but that defeats the purpose of owning a LAND
Very True sir The consensus of the member on a certain point is a big hurdle. I am on the verge along with Managing Committee to redevelop my Santacruz West off Juhu Tara Road Property coz of its dilapidated state and structural report says that that only to redevelop is to safe guard the lives of members and that after 3 years we would found one builder to getting this sorted. But by only 56 members things get circling around so just imagine how much hurdle you will have to go thru 1000 members. And yes we have VP and CEO and Doctors in our building even Anita Dongre used to live here so yeah theres no problem in the educational qualification of the members with BMW and Mercedes parking outside ... But wen it comes consent it's a huge task. So beware wen you dream that the facade and promannade as it will all fade away in 5 years and it will be as good as your tiny building next to corner.. wat will be the huge gap in difference of maintenance and peace of mind. And that's why Suntech Goregoan phase 1, Kalpataru Primus Residences, Kanakia Paris, Raheja Interface Heights, Adani Western Heights ... All were promoted as coming of the age construction but now people are finding it difficult to rent and to sale due to mountainous maintenance and over pricing which 2x of local area. Gully ka sher bano bro.. kyu chandi ke chamach se khane wala chuva chuva hi hota hai....
Hey krish, its a humble request keep usa based videos on ur second utube Channel (if not created then create one) i love ur videos on builders and property. Keep making this videos love from a fellow indian.
Hi man😎 Firstly, I appreciate your straightforward feedback, and I sympathize with you. However, I am unable to do what you suggest, because believe me, I tried setting up a different channel, and found that it does not work so easily. It is very difficult to build a critical mass of subscribers for the second channel, and to get the kind of views one gets from the primary channel. Channel growth is organic -- it happens naturally, and I have not yet mastered the art of replicating my channel growth very easily. BUT here is my suggestion to you, if you are bothered by the USA videos that I post: Click on the bell icon and change your settings from "All" to "Personalized". That way, RUclips will be more selective recommendations based on your previous viewing history, and it will hopefully not recommend any of my USA-based videos to you. Let me know if this works. Cheers 😊
@@KrishnarajRaoUrbanNaxal i understood, i really need to thank you because of you i really saved myself from a shady project(ramaprastha) and brought awsome project in joyville gurgaon by shapoorji. Love brother.. Keep exposing builders and sales person.
Guys don't get mislead by this video everything has its own pros and cons. Township offers features such as good security, privacy, good construction quality, moreover, townships projects have good space, mostly surrounded with greenery so you will get fresh air, good lifestyle. Everybody knows whats the condition of small buildings in urban areas no fresh air, no ventilation, no balcony, no amenities just a box-sized 1 RK/1 BHK you will get after pouring in crores. If you get an independent house then you have to take care of security, maintenance yourself.
What's your take on - whether we should be even buying a house or a flat. My thought is to keep renting, and use the money to invest somewhere else. Often people consider the house as a long term investment. However, I do not think so, because if you are living there you wont get any return. And. by the time you are old, and have stayed for 10-20 years, the building may not remain as good as when it was at the start, and hence you or your sons/daughters cannot even sell it to reap the investment benefits.
You have an excellent point. To a very large extent, I agree with what you are saying. However, a sense of stability is also important for the self-esteem of families. Children who grow up moving from one rented house to another in their childhood may not get a proper sense of "home" anywhere; they may suffer from a sense of rootlessness, and inferiority complex vis-a-vis other kids who grow up in their own house. Too many house shiftings may traumatize your entire family -- your aged parents, your wife, children and even you. Think about this; consider whether what I am saying is true or false.
@@KrishnarajRaoUrbanNaxal First of all, thanks for the reply Krishnaraj ji. The only thing that I agree is with the "traumatic" experience which one and one's family may go with house hopping. Sense of home, rootlessness and inferiority complex are something which one has to negotiate with himself or herself. Social conditioning makes us do things against our own nature, and devoid us of thinking logically. Neverthless, your point on house shifting is big enough for me to ponder more over my own thoughts. (will get back to you)
@@alcoholicrx "Sense of home, rootlessness and inferiority complex are something which one has to negotiate with himself or herself" This may work for a grown mature person. But it will affect small children who only understand that they have no home and no real stability because anytime at 1 month notice the landlord can evict them.
@@saurabhm383 I agree. Children even feel inferior when they have different brand of shoes, compared to other children. Home is another level itself. So one should have at-least one home.
I live in the same officers quarters there, the construction has been going on since 8-9 Years. The builder built this new quarters and destroyed the old one and his project the heights is under construction only. Plus, the staff quarters he built for us are pretty fuck upped because of low quality materials
Most unfortunately, builders merrily do not follow laws, do not give conveyance deed and there is no body to nail them. They have huge money power. The only sufferers are flat owners. Never buy a flat from builders, buy only a resale flat where everything is visible.
This video explains only future problems/issues. There are present issues with large skyscrapers buildings. Common electricity & maintenance bill irrespective of floor number where you are living. Society needs to pump water on such a high level then the elevator needs to lift people on a high level, it cost hefty electricity bills. Why one should pay such a high cost forever? Can you guess how much it cost to flush your toilet in Burj khalifa ? You can afford to purchase a flat there but not maintenance.
Can you pls make a video on how to understand the various litigations on a property as displayed on RERA site? There is limited info on RERA about these litigations. How can we know more about them and analyse which are serious. Do outstanding litigations matter to buyers once OC is received and CHS is formed ? Is CHS liable for these litigations?
Dear Sir, I have heard about deemed conveyance wherein builder is not required. Regard society can apply to the registrar with the required documents and deemed conveyance can be done. My question is is deemed conveyance of building and land are different. Please explain.
Great video Sir ! Very informative and educational !! Thank you so very much !!! Question Sir . One cannot have some kind of insurance for this 'box in the sky ' ?
Sir.i agree with your points. The big societies with high-rise buildings face serious problems of stained water and garbage disposal causing different types of insects. The security staff are not of that standards. The vehicle parking problems are always there. The Diesel generator bills are heavy. The festivals contribution are heavy. The renovation charges are heavy. The tenants are another problem. The swimming pool water is not clean. The safe vehicle movement is not observed. The committee members are involved in scams.etc.
I believe Modi ka jhol is quite similar to Lodha ka jhol. The promises are heavenly, and the execution is hellish. Now I am sure you will call me an Urban Naxal 😂
@@KrishnarajRaoUrbanNaxal till the time you believe in unity and peace, you are not Urban Naxal. Also we can have different opinions and views on everything, that the most normal thing for humans. But we have very similar views on infrastructure, more power to you👍
Great work Sir, I was looking to book a flat from builder NG Royal Park Kanjur Marg East. Do you know about this builder by any chance about the quality of construction etc. plus the builder is mentioning only the 80% of amount in agreement than the actual flat cost ? Builder have also increased the price due to near by Runwal Bliss, Arkade Earth construction etc. Please suggest
I dont know why people are buying flats without watching your videos. They are actually making real estate purchases more difficult for themselves and for other people by not being aware. huge amount of appreciation and respect for every video you have shared.
exactly. I am currently binge watching all. Sooo informative.
Seriously
Playback speed 1.5 or 1.75 is best for this video
Thank you very much 😀
i already watched in 2
Description is there
I played in 2x and fast forwarded 15 sec continuously. Lol
😂😂😂
Flat owner (carpet area) - Self
Building owner - society
Land of building - Builder
Land ownership checking
Conveyance of land checking.
Avoide in Township flats
Maximum floor must be 5 floor.
Why only 5 floors
Krish you are doing a great job man! I have burnt my fingers too (twice) and still trying to recover. Have lost almost 10 years of my life expecting stability by buying my own house instead of moving from place to place on rent. Now i am absorbing a lot of knowledge from you for my next move. Glad i stumbled over your video while looking for Palava and now i cant stop watching your videos. One thing i noticed though not one builder is unlike the other, they have been gladly exploiting us just like our politicians showing promises of a glorious future and our hero worship is leading millions of us to fall for them
@@DiogenesTheFrog @KrishnarajRaoUrbanNaxal This was an old post and now im happily settled in a new apartment which i own after learning lessons from this person. Its a local builder with minimum required useful amenities, newly constructed ready to move flat & shared OC before paying token money. @KrishnarajRaoUrbanNaxal you have had a lifechanging impact on my life and i really thank you for your invaluable guidance!!
Such flats n Towers of township projects are just chawls of new era but with the absence of kind n friendly neighbours and neighbourhood ...
But in Chalws one can get timely help in crises atleast unlike so called Towers & township.
@@SANKETBENDBHAR Those were different times.
Great comment. Really liked it.
Loss of identity in these buildings ☹️
@@daredashy No identity nothing...fake lifestyle
we have a flat in a small standalone building but we know what problems we faced while selling the flat. No one was interested in our flat everyone wanted amenities this that. We had to answer about the maintainance because the society had only 11 members and due to lack of funds the building is in a bad condition. One is totally helpless anyway if he buys a new flat or buys in a standalone.
I get your point of view unfortunately people want to create impression that stand alone projects are better but they never understand that selling the flat later becomes so difficult.
The podcast should have highlighted both aspects rather than running down one against another.
@@rinku99243 its nothing of that kind. Nobody is forcing you to buy a stand-alone building flat. Its not easy to get such flats because maintenance is reasonable and people dont want to sell... Middle-class find it difficult to pay mounting maintenance bills after a few years
Small buildings come with their own problems
People don't buy flats in big name buildings for amenities it's just that there won't be an absolute dickhead who is elected as president and doesn't do shit for the building and disagreeing with him means making your own stay miserable
With big builders this can be avoided coz the company takes care of all repairs and stuff without pissing people off and not picking up their calls
Recently we purchased a flat in small society of 2 building with very basic amenities. Preferably we didn't want in any big township
👍
Please tell me where I want to buy for my father and mother please 🙏🙏🙏I am doing a private job please
@@Motivationwithsandeeppandey remember my golden words, this may help you and many out there. BUY ONLY FINISHED FLATS... do NOT give any token money to any shit brokers or builders after looking at their boucher, pamphlet etc filth advertisements. before the flat is even constructed. delivery after 1,2,3,4 etc etc years no no....
@@Reddylion very true. Don't give money for anything you cant touch and see. Else consider it as gone with the wind and debt for life time fir nothing.
@@rkt81 exactly...
Tall bulidings are not actually the sign of development. It is the sign of overburdened system.
Overpopulation
Well put.
Very well said
corruption
Tall building may or may not be a sign of development. But it's a sign that a lot of people want to live in that city and the city has lot of opportunities and jobs for the people to grow and earn.
Pehli baat 1000 sqft ke liye main 20 crore kya 1 crore bhi na doo mumbai jaisi poor infrastructure based city mein . I am a South Mumbai resident and I know the shit hole mumbai has become . Great video and many more disadvantages could be listed down on these huge towers
@@ngoswami9250 absolutely true on the basis of the most usual quote " life mein ek apna ghar to chahiye "
You are buying a “box in the sky” is actually a great analogy. Most societies don’t even bother with conveyance , sad reality
he is right, township is nothing but gimmicky thing, 1-2 yrs later every1 loses interest in using the amenities provided but still have to pay for the maintenance charges of the same
Correct. Just like swimming pool, after few years they get dejected and become hub of mosquitoes.
Very true
No..in our complex..the amenities are still being used the same way they were used in the beginning..this is not always true for all the societies
Not true
@@creativespace_positivevibe7753 how old is your Society?
I shared your view with my wife where we contradicted each other on same point but fortunately I bought a flat in a standalone building. When I visited my friends place last year where they just moved in 2 years back in a township project with big name we found they were very unhappy. We saw apartment interior already falling off and they shared they will have to renovate again in just 2-3 years of moving in. It was god’s blessing I took right decision 10 years back.
You never own an apartment. You always pay small rent in the form of maintenance
True..buying house is not gud idea.
If you don't own let me occupy it..kindly move out coz I own it 🤣🤣
Very much true
Maintenance is as high as rents of standalone buildings
Exactly, by the time your loan will complete the remaining building life will not be more than 20-30 years. Its not like humesa humesa ke liye, your children will again have to buy a flat in their lifetime. So its better to buy an independent plot and build your home.
People want to live in luxury apts and gated communities hence builders are providing them with all facilities. If you can afford buy it. Otherwise there is no question happily buy in standalone buildings.
I don't think this analysis is practical. Standalone apartments are built in the entire area of land. Gated communities will leave at least 60-80% of the area free(for amenities). So final UDS(Undivided share of the land) is almost equal(in some cases I saw gated communities are giving more UDS than standalone). Standalone apartments don't leave any border area. If another standalone building or other construction happened beside our apartment, you won't get any lighting or fresh air. I saw in many cases standalone apartment people are suffering because of ventilation issues. Another big advantage with gated communities is we can leave our children for playing without any security or vehicle tensions. (Like in villages we leave children free to play on roads). This is not possible with standalone apartments. Though its costs 15 to 20 lakhs more, there are definitely many advantages with gated communities over standalone.)
Yes I agree. Sometimes even with small societies, it is sometimes difficult to get repairs or redevelopment done. This has happened in our society and now it is in broken down state, but everyone is still not agreeable on resale or redevelopment. Some people r not paying maintenance and it puts pressure on existing members.
@Mark Shuturmurk right. it has been 5 months home hunting this whole thing of highrise vs standalone is eating me up
@@redsetup9003 better migrate to first world ,
@@redsetup9003Did u finally decide
I was always against the Tower of more then 20 floor but u have clear my view. U hv explained me very clearly for that thank you so much
being lazy enough to not use sports amenities is no justification to say smaller buildings are better than large societies.
Where do kids go for safe play grounds ?
Yes , you have point , better to choose ( not a standalone and not 5000 flats city ) , go for 500 flat society or 200 flat society with ample space for kids to play and enjoy their childhood , ( with conveyance deed )
Also there is no walking space in small societies. If you live in Mumbai, there is basically no space to walk apart from constantly being scared of being run over. Even if you don’t use sports amenities, the least you require is some walking space.
Our small society of 32 flats has ample walking space as well as place for children to play in ANDHERI.
@@armourconsulting6648 which society and where in Andheri?
Doing a great job educating masses, hope govt makes builder transfer land ownership
This is a very good channel for gaining knowledge . Thank u mr rao . I wud request you to take on all topics of real estate and make videos . Very few people talk of all insights . Ur views wud be helpful for all
Thanks Khris. Doing great work. Expecting more videos on awareness on real estate's reality.
I live in standalone two floors government build home my house from childhood...I would prefer my standalone home over free residential flats of 10 bhk...living in good small space is far far better than modern flats...come and see my home.
10 BHK? For free? Still, small is better :)
Fantastic Video!! Pure gold information. You genuinely deserve to be awarded by average citizens some recognition. One day you surely will! More power to you sir!
@11:38 I literally had to take off my earphones and look if some cat has entered my home.
Me too! haha
Your experience is a learning for millions. Actually people get trapped in these cases
We need many more urban naxals like you sir! Now I realised why this became “Gaali” under this regime😜
I was surfing for a flat in Bangalore and your video popped up and I watched ... and straight away subscribed. Learnt lot from you sir!
Respect....🙏🙏🙏🙏🙏
urban naxal is not a problem
hypocrisy is
issue is that normal an urban naxal is leftist so they always find out loopholes only under bjp rule, but go blind on other political parties where as all the parties are corrupt and dishonest!
@@who-Am-I-Here stop this what aboutary 😡 Don’t be a fan of any political party or politician but try to be a good citizens.
When other parties were ruling everyone including media used to be anti establishment but that time supporters were not abusing or trolling but now only what aboutary and Al others are bad except ruling dispensation!!
Grow up before it’s too late😡
@@Dr.SD4079 exactly that's what i am saying!
dont be fan of any political party!
all the parties are thieves and thugs in nature!
and your perception about media being anti establishment is hilarious sire
in history, there has always been a certain percentage of media houses who have behaved as anti establishment and some as pro establishment
for example india news/ndtv/IBN Lokmat all are pro congress/leftist
republic tv/zee news/aj tak are few of pro bjp channels
you have to understand that media is a profession, not any philanthropic organisations who won't think about profits
so they have to support some parties
problem is congressi CHAMCHA won't believe that NDTV is pro congress
and bjp BHAKT will do the same for republic tv!
@@Dr.SD4079 and for your information if you go to any non bjp ruled state like maharastra or wb
i can show you at least 5-6 newspaper/tv channels in each of the states who are supporting the ruling party blindly(congress/sivsena in maharashtra, tmc in wb)
just like some of the national news channels are supporting the party in power, bjp!
so bottom line is all about power and money
EACH OF THE MEDIA HOUSE is MOUTHPIECE of a certain political party!
@@who-Am-I-Here absolutely! That’s why don’t be a fan of any politician but a good citizen!!
Every govt does the same but this central govt has crossed all limits in lying using media money and muscle…..
Above all can u imagine “ Beti bachao” budgeted 80% money spent only on advertisements 😡😡😡
You miss to say every building must have insurance to protect interest of all flat owner. To rebuild... Cost. Rent till building build.
incase of any thing wrong happen.
It is best to live in a standalone building that is more intimate and you know all your neighbors. Instead of paying a clubhouse lifetime membership ranging from 2-5 lakhs, go and buy a membership to your local area club where you will get many more amenities, better facilities, food, people network etc. Also, since it would be a club forever, maintenance would be great!
Vineel makineni standalone building means builder floor
@@prabhauniyal1959 what is the meaning of what you said??
@@user-bo1cr2vr4b iam also asking
@@prabhauniyal1959
Any small independent building, not part of any township project, is your standalone building.
@@gulamansari7630 that can b also builder floor
My heart skipped few beats. Like seriously, if someone put his all the life's savings in those projects and if something happened to these boxes then you are finished. You won't even get any loan based on such property.
Maintenance costs is a scam.
The management spends almost nothing on maintenance but charges owners a huge amount for maintenance.
I booked standalone and has security, water supply, cameras, near to bus and main road, power backup, parking small back up place and great news is that i have a 60 sq yds UDS. check these parameters and bet you will be happy and of course BUILDING APPROVALS LIKE RERA HMDA AND ALL....
Where is it? Is it in Bombay? Thanks for such first class information .
I'll make a simple comment...."I learned alot" and subscribed right away.
I live in a society which has two buildings with 8 Floors, 3 huge flats in every floor, there are many good things about the society, but the worst part is maintenance charges, it's the highest in nearby locality - Dwarka , Delhi. There is no club house or indoor games, just a very tiny portion where we can play badminton, at least in township or big societies your entire maintenance charges doesn't get wasted
Absolutely correct so I have bought a flat in a small builder without podium type parking
I have to disagree, that - it is better to buy flats in SMALL STANDALONE buildings rather than BIG township projects.
Here are the reasons why -
before that , i need to mention that i am referring to Flats in Bangalore and only in certain pockets of the city, especially the newly developed ones following the IT SECTOR boom of 2000. And i have no expertise in buying flats or have complete knowledge about the realty sector . the below is my experience and issues encountered by some of my friends when buying flats.
Here are the reasons why -- it is NOT better to buy flats in SMALL STANDALONE buildings rather than BIG township projects.
1) FLY BY Builders - Once the construction is complete, these builders and their small org vanishes and they set up shop some other city or by a different name. Why they do this is because buyers cannot get hold of them until they go through po-po and courts.
To build flats quickly , these builders would have cut corners, sub standard quality, obtained clearances by bribing officials etc. So, for the first few months/years, every thing will be fine, then the problems start .
some examples ,
a) encroaching the road - newly formed areas have a plan to develop in phases - so, initially, the road in front is a double road of 4 lanes and future plans of making it 6 lanes including service road and footpath etc. officials who gave clearness and approvals
b) Of course, monies is exchanged for getting electricity, water etc but its paid at a high level officers who will not try to con their way out as media as they need to answer to people .
Another distinct advantage is these guys have multiple projects on-going or planned and they use good quality
Can't agree more. Rightly articulated.
Very good explanation about the disadvantages of buying a flat in a multi buildings in a single complex and the most important drawback in getting conveyance for the land of that multi building structure. As you said rightly getting conveyance for this buildings are beyond our reach, as chs's members are least bothered about the well being of the society, which in turn is exploited by the developers. Tks very much for sharing.
I very much Appreciate your Efforts.People invest their hard earned money in to buy flat most of them are unaware of prevailing laws an regulations and most importantly there are many laws and regulations in force for a single propert which makes the matter even more worse.
Overall a very informative vlog.
nice info , clearing myths , because common man always thinks "More Bigger the better ", change the thinking. thanks for spreading wisdom sir
You buy a box in the sky 😂
A box made of bricks and cement or even cardboards
Gypsum/cardboard box.
Krish but the problem is that Banks don't provide loan for old buildings. Flats are getting sold at 30-40 lakhs in normal building.
The cat stole the show😂
Everyone will realise all wrong doings when one of their tower falls down god forbid. And am afraid media won't even report.
That has happened in Chennai a few years ago. When the tower was under construction, the earth caved in and a couple hundred workers died. It took several weeks for retrieving the bodies. And those who have invested by taking loans from banks virtually became beggars overnight. Court proceedings are still going on.
Very valuable information and awareness creation particularly for the generation dreaming on town ships and massive housing complexes. Very nice explanation. Tnx sir.
also check Rustomjee gobal city in Virar people have got possession for more than 6 yrs but no municipal water connection and poor build quality
True
That is due to the local politics, buyers should've done due diligence before buying
Doing a noble job of protecting interest of common man Sir. Please keep it up.
Sir you are absolutely right. Many persons including legal persons may not have thought about it👏👏👏👏
Thank you for providing the valuable information!
Hopes
Thanks alot for taking out your valuable time, being so brave making people aware for frauds around them
😇🙏🏻🙏🏻
currently this is happening with our society also. Ours is a group of 4-5 buildings of 7 floors each having separate society and collectively there is one federation.
Our society went to builder and asked for land conveyance, he refused outright saying its complex structure of 4-5 buildings having same drainage and pipeline so i cant give conveyance. the case is in court now.
And builder is also making 20 storied towers in vicinity.
As Krishnaraj ji said he will not give conveyance untill all his towers are made and use all fsi
Who else observed the cat on the car like here
Very good vedio builder are very cleaver so be careful buy a flat in small size building with less maintenance
Very much agree to you. Since all of this projects started providing incomplete apartments now there more of a need for a professional home inspector. Many also have started in key cities like mumbai, delhi, Bangalore and pune
Easily explained. Thanks sir. I am looking to buy 1 bhk around 50 lakh which is availble in Thane or Kharghar in resale instead of new project. In Kharghar, most of the building are constructed with 12.5% tri-party agreement. Need some enlightenment on it. Thanks.
What is this?
Wow Sir! Great video and information. I recommend everyone considering buying a flat to first watch Krish's videos or else you will repent later... seriously. I personally feel it is better to stay in a rented house if you don't get a totally clean property to buy. All the best!
Sir you should make more videos like this how to buy ? What to check while buying flat ..also suggest some good builders and area in mumbai 🙏🙏
Amazing content. You are doing a great social service Sir. I think anyone wishing to purchase a flat should watch this.
100% agree Sir; but the issue people buy flats in townships coz of amenities for their kids- sports, cycling, swimming, etc..in small standalone flats these things are not there, maybe outside at some distance-transport, safety, etc..
Big complexes have huge maintenance bills due to the various amenities like swimming pool, gym, club house, jogging park, children's play-ground, nana-nani park, podium parking, etc which middle-class people find difficult to pay after a few years.. Their rates are also high because the builders charges super-builtup, I.e, from the gate..
In Maharashtra a coperative housing society can be established in a building having more than 10 flats and Apartment can be established under apartment ownership act for 5 or more flats.
What is the provision if a building has 3 flats? What are the legal provisions? How will the flat owners become owner of land and in future redevelop the property at their will if required?
Look at the cat walking on top of car behind you 😂😂
Government should intervene in this matter. People should fight for their rights. Vote for only pani ,bijli is not right.
Govt did not know this ....lol
Loved this video. Please tell us more drawbacks of flats in high rise buildings. Structural problems, resale value. Etc..etc..
Its better to create a micro housing collaborative ourselves and hire architects and get things done .... and stop buying from big developers.... thats d only way to manage the risks better
Sir I am your big fan, you have great knowledge..and your video helps a lot..thank u for making such videos
Krishnaji Bhagwan AAPKA BHALA. Kare....Proud of you A BHARTIYA voice from Heart. Very useful tips & facts....
Rao sahab, please make a video on builders making flats without leaving the setbacks from all sides of building
Will do that soon.
@@KrishnarajRaoUrbanNaxal what are all the documents needed to look into before buying a new apartment?
Watched it just out of curiosity...just like the cat in the video😁
Hope you enjoyed it!
Sir you have enlightened us on purchasing property. Thank you 🙏
In next 20-25 years when these 30-40 floor buildings stares at redevelopment. One will see real tussle.
if control towards land is more important then go for individual house but if you want live comfortable life the go for flats / apartments
Try to understand the discussion here.
You need to have ownership of the place you live .
You can always rent anything and enjoy...but that defeats the purpose of owning a LAND
Very True sir
The consensus of the member on a certain point is a big hurdle.
I am on the verge along with Managing Committee to redevelop my Santacruz West off Juhu Tara Road Property coz of its dilapidated state and structural report says that that only to redevelop is to safe guard the lives of members and that after 3 years we would found one builder to getting this sorted.
But by only 56 members things get circling around so just imagine how much hurdle you will have to go thru 1000 members.
And yes we have VP and CEO and Doctors in our building even Anita Dongre used to live here so yeah theres no problem in the educational qualification of the members with BMW and Mercedes parking outside ...
But wen it comes consent it's a huge task.
So beware wen you dream that the facade and promannade as it will all fade away in 5 years and it will be as good as your tiny building next to corner.. wat will be the huge gap in difference of maintenance and peace of mind.
And that's why Suntech Goregoan phase 1, Kalpataru Primus Residences, Kanakia Paris, Raheja Interface Heights, Adani Western Heights ... All were promoted as coming of the age construction but now people are finding it difficult to rent and to sale due to mountainous maintenance and over pricing which 2x of local area.
Gully ka sher bano bro.. kyu chandi ke chamach se khane wala chuva chuva hi hota hai....
Hey krish, its a humble request keep usa based videos on ur second utube Channel (if not created then create one) i love ur videos on builders and property. Keep making this videos love from a fellow indian.
Hi man😎 Firstly, I appreciate your straightforward feedback, and I sympathize with you. However, I am unable to do what you suggest, because believe me, I tried setting up a different channel, and found that it does not work so easily. It is very difficult to build a critical mass of subscribers for the second channel, and to get the kind of views one gets from the primary channel. Channel growth is organic -- it happens naturally, and I have not yet mastered the art of replicating my channel growth very easily.
BUT here is my suggestion to you, if you are bothered by the USA videos that I post: Click on the bell icon and change your settings from "All" to "Personalized". That way, RUclips will be more selective recommendations based on your previous viewing history, and it will hopefully not recommend any of my USA-based videos to you. Let me know if this works. Cheers 😊
@@KrishnarajRaoUrbanNaxal i understood, i really need to thank you because of you i really saved myself from a shady project(ramaprastha) and brought awsome project in joyville gurgaon by shapoorji. Love brother.. Keep exposing builders and sales person.
Guys don't get mislead by this video everything has its own pros and cons.
Township offers features such as good security, privacy, good construction quality, moreover, townships projects have good space, mostly surrounded with greenery so you will get fresh air, good lifestyle.
Everybody knows whats the condition of small buildings in urban areas no fresh air, no ventilation, no balcony, no amenities just a box-sized 1 RK/1 BHK you will get after pouring in crores.
If you get an independent house then you have to take care of security, maintenance yourself.
i disagree with you
Thanks for spreading awareness.
This is something new for me ..very informative sir thank you .. though I don't live in apartment I would alert my friends to look into the same
Tons of respect to you sir, thank you for showing us the reality of the whole real estate market
Really appreciate.
I didn't know these thing👌thnx sir
great thanks for giving such great knowledge to new buyers and making them not feel cheated
Chacha you are mistaken here..deemed conveyance makes it mandatory for land conveyance...also the sale deed states it explicitly..
Kagaz ki batti bahut log banate hai, practice me kuch nahi hai.
What's your take on - whether we should be even buying a house or a flat. My thought is to keep renting, and use the money to invest somewhere else. Often people consider the house as a long term investment. However, I do not think so, because if you are living there you wont get any return. And. by the time you are old, and have stayed for 10-20 years, the building may not remain as good as when it was at the start, and hence you or your sons/daughters cannot even sell it to reap the investment benefits.
You have an excellent point. To a very large extent, I agree with what you are saying.
However, a sense of stability is also important for the self-esteem of families. Children who grow up moving from one rented house to another in their childhood may not get a proper sense of "home" anywhere; they may suffer from a sense of rootlessness, and inferiority complex vis-a-vis other kids who grow up in their own house. Too many house shiftings may traumatize your entire family -- your aged parents, your wife, children and even you. Think about this; consider whether what I am saying is true or false.
@@KrishnarajRaoUrbanNaxal First of all, thanks for the reply Krishnaraj ji. The only thing that I agree is with the "traumatic" experience which one and one's family may go with house hopping. Sense of home, rootlessness and inferiority complex are something which one has to negotiate with himself or herself. Social conditioning makes us do things against our own nature, and devoid us of thinking logically. Neverthless, your point on house shifting is big enough for me to ponder more over my own thoughts. (will get back to you)
@@alcoholicrx "Sense of home, rootlessness and inferiority complex are something which one has to negotiate with himself or herself"
This may work for a grown mature person. But it will affect small children who only understand that they have no home and no real stability because anytime at 1 month notice the landlord can evict them.
@@saurabhm383 I agree. Children even feel inferior when they have different brand of shoes, compared to other children. Home is another level itself. So one should have at-least one home.
There is a building in marol called "The Heights" which is made on BEST land. Basement is used as bus depot.
What!!!?
Same in Mahim
@@kirstenpeter1527 baapre...
Bte, From South Africa you keeping tab on Mahim 😜
@@kirstenpeter1527 cool. Agar yeah sach hai, toh aap abhi zinda ho, sunrise kal dekhoge, kal bhi subah hoga, mehnat karo, achcha hoga.
Aur agar yeah sach nahi hai, toh jo dharavi mein rehte hain, woh log bhi insaan hai, humlog thora jyada lucky hai. Unlogon ko thora help karenge, opportunity denge 🙏
I live in the same officers quarters there, the construction has been going on since 8-9 Years. The builder built this new quarters and destroyed the old one and his project the heights is under construction only. Plus, the staff quarters he built for us are pretty fuck upped because of low quality materials
Chawl are always best then instead of buying this crores property.We can use upper floor also.Thankyou sir for information
I cannot agree more sir ... i want to personally thank you for saving me, my life, and my family's life ....
Most unfortunately, builders merrily do not follow laws, do not give conveyance deed and there is no body to nail them. They have huge money power. The only sufferers are flat owners. Never buy a flat from builders, buy only a resale flat where everything is visible.
That's why UDS should also be mentioned in the sale agreement and deed when buying an Apartment.
This video explains only future problems/issues. There are present issues with large skyscrapers buildings. Common electricity & maintenance bill irrespective of floor number where you are living. Society needs to pump water on such a high level then the elevator needs to lift people on a high level, it cost hefty electricity bills. Why one should pay such a high cost forever? Can you guess how much it cost to flush your toilet in Burj khalifa ? You can afford to purchase a flat there but not maintenance.
Completely agree! Hope more people watch your videos!
Can you pls make a video on how to understand the various litigations on a property as displayed on RERA site? There is limited info on RERA about these litigations. How can we know more about them and analyse which are serious. Do outstanding litigations matter to buyers once OC is received and CHS is formed ? Is CHS liable for these litigations?
SIR YOU ARE RIGHT. THANK YOU FOR VALUABLE INFORMATION.
Thanks a lot Krish jee . .for Very important and eye opening video . . I appreciate ur efforts . . Very nice sir 🙏Namashkar karto
Dear Sir, I have heard about deemed conveyance wherein builder is not required. Regard society can apply to the registrar with the required documents and deemed conveyance can be done. My question is is deemed conveyance of building and land are different. Please explain.
Very very intelligent discussion...❤️
Appreciated
Great video Sir ! Very informative and educational !! Thank you so very much !!! Question Sir . One cannot have some kind of insurance for this 'box in the sky ' ?
In what sense do you mean "insurance"? Please elaborate your question.
Very well explained and a big bummer to all the Lodha fans
Good work ! We need more people like you vto crackdown on these big builders
Sir.i agree with your points. The big societies with high-rise buildings face serious problems of stained water and garbage disposal causing different types of insects.
The security staff are not of that standards.
The vehicle parking problems are always there.
The Diesel generator bills are heavy.
The festivals contribution are heavy.
The renovation charges are heavy.
The tenants are another problem.
The swimming pool water is not clean.
The safe vehicle movement is not observed.
The committee members are involved in scams.etc.
I m living in standalone building first floor 👍👍👍
Who noticed the cat in the background? 😅
I did
Everyone
You are not Urban Naxal, Urban Naxal defination is different brother...
Do not associate yourself with urban naxals..
I believe Modi ka jhol is quite similar to Lodha ka jhol. The promises are heavenly, and the execution is hellish. Now I am sure you will call me an Urban Naxal 😂
@@KrishnarajRaoUrbanNaxal till the time you believe in unity and peace, you are not Urban Naxal. Also we can have different opinions and views on everything, that the most normal thing for humans. But we have very similar views on infrastructure, more power to you👍
@@satendramishra2687 😊🙏🏻❤
@@KrishnarajRaoUrbanNaxal true Urban naxalite.. alwys create problems for country.
Great work Sir, I was looking to book a flat from builder NG Royal Park Kanjur Marg East. Do you know about this builder by any chance about the quality of construction etc. plus the builder is mentioning only the 80% of amount in agreement than the actual flat cost ? Builder have also increased the price due to near by Runwal Bliss, Arkade Earth construction etc. Please suggest
Absolute Facts ! But why the logo “Urban Naxal is visible in the lower right corner of video?