Dear Aman, Have been watching your videos and following Lucknow real state market for quite sometime now (have also connected with your team), one thing is very clear and much appreciated - that your team, who advise you on video making, how to make it more presentable, more appealing and more in line with a sales pitch etc, have come a long way and are doing a commendable job now. Now coming to the project itself, i kind of agree with comment made by someone above that - this prize increase due to builders going for premium and luxury projects only, will soon stop and boom may transition to bubble. Builders are making the most of this time, as they also know - Kal ho na ho 😊. It seems they are locking future prices now itself. Talking about a packaged product with all important amenities as part of flat, this may not be prevalent in Lucknow market but has been there in other cities. Builder may be giving u the best brand options, but that definitely is going to add more to the overall flat cost compared to it being a raw flat and the buyers going for the accessories and amenities themselves. So as a packaged product builders may be able to convince u on the price, but if u go and analyse in deep, u get a different picture. Of course Brand value comes in picture and hence builder command a premium, which increases the overall cost. Also add to it the overall land cost which has appreciated. People may have different opinions (depending upon how much they can spend for luxury), but all in all, I think for middle income group people, this boom in real estate since last 2-3 years has taken them away from their dream home, and thats a sad part !! I would stop here, thanks to everyone who had patience to read till this point 😊
Great!! Thank you for acknowledging team efforts. You are correct in a way about the luxury projects profits in terms of builder and about the mid segment launches which are shrinking day by day. Actually I have much to present but now with the kind of viewership on the channel I tend to restrict myself for pros & cons and much more. I am planning a video series soon, let's see how it goes where I want to speak my heart out. But at last would like to add about increase in land & construction cost which in a way had made things really difficult for a Builder to package their product for normal middle class people.
Correct, but the point over here is at this cost, people having capability will easiy get resale price in posh area in Indira Nagar. The second point is who is having that paying capacity. Salaried or business man. I don't think people are earning that much... Till they have either black money or they are selling lands in small town...
Would always prefer a plot in EMAAR at 1/2 the rate and get the construction done It’s also a gated community with all facilities of Apartments. PEACE.
This may be compared with Shalimar Valencia Towers perhaps, definitely not with Pinnacle. Room sizes are unsatisfactory, servant quarter is locked in, the 45 meters road it's situated upon hits a dead end & we don't know the layout of the proposed bandha road, among other things. Imho, this project will make others in the area look better.
Everyone has different preferences and point of view. Every development is planned as per the master plan of the city and as a good realtor and analyst we definitely follow and focus on the government infrastructure and future plan. Thank you
It's seems like people in lko are becoming rich or they are migrating from small town. The cost is way beyond common salaried person even on higher rank. It's means Black money is very much prominent in U.P. U. P has mostly Govt Jobs and few IT sector. How come they can afford such high price.
Price of the flate starts ₹ 2 Cr + These kind of projects are definately for the 'Ultra Rich' category, who are sitting on pile of surplus cash and don't know what to do and fun part is they will definitely not come to even stay in it for a month So to enjoy such kind of life style once it gets delivered I will rent it out, live for 1-2 years and move out to some other better projects Wiil keep my ₹ 2 Cr in Bank and earn minimum ₹ 15 Lakh per year as interest (post TDS) or buy 1 or 2 property in LDA approved projects at the outskirts of Lucknow and double my investment in 5-6 years Such projects will never double your money even after 10 years
This part of Lucknow fast turning into a concrete jungle. Reminds me of outer ring road and Sarjapur, Bangalore. People in Lucknow first need to learn some civic sense and bring some tehzeeb and tameez back. Who's buying these luxury houses when the city predominantly has public sector, bank employees etc. This will most probably be inhabited by business folks with black money and no class
Do you think people in Bangalore have a sense of civic responsibility? Bangalore is the worst city in India in terms of civic sense. I've been living in Bangalore for the past two years, and except for the weather, this city is terrible. I would prefer buying property in Lucknow, Noida or Indore instead of this gutter city.
Dear sir 🙏🏻 It would be interesting knowing.... Once you do research and make a video who are those people who are buying flat /villa.... etc.... In 1cr... 2cr... 3cr......... In lucknow And what is their profile....their background..... It seems india has become Rich country.... ऐसा लगता है बेकार मे ही लोग गरीबी... महंगाई.... बेरोजगारी का रोना रोते है..... 🙏🏻
Dear Aman,
Have been watching your videos and following Lucknow real state market for quite sometime now (have also connected with your team), one thing is very clear and much appreciated - that your team, who advise you on video making, how to make it more presentable, more appealing and more in line with a sales pitch etc, have come a long way and are doing a commendable job now.
Now coming to the project itself, i kind of agree with comment made by someone above that - this prize increase due to builders going for premium and luxury projects only, will soon stop and boom may transition to bubble. Builders are making the most of this time, as they also know - Kal ho na ho 😊. It seems they are locking future prices now itself. Talking about a packaged product with all important amenities as part of flat, this may not be prevalent in Lucknow market but has been there in other cities. Builder may be giving u the best brand options, but that definitely is going to add more to the overall flat cost compared to it being a raw flat and the buyers going for the accessories and amenities themselves. So as a packaged product builders may be able to convince u on the price, but if u go and analyse in deep, u get a different picture. Of course Brand value comes in picture and hence builder command a premium, which increases the overall cost. Also add to it the overall land cost which has appreciated.
People may have different opinions (depending upon how much they can spend for luxury), but all in all, I think for middle income group people, this boom in real estate since last 2-3 years has taken them away from their dream home, and thats a sad part !!
I would stop here, thanks to everyone who had patience to read till this point 😊
Great!! Thank you for acknowledging team efforts. You are correct in a way about the luxury projects profits in terms of builder and about the mid segment launches which are shrinking day by day. Actually I have much to present but now with the kind of viewership on the channel I tend to restrict myself for pros & cons and much more.
I am planning a video series soon, let's see how it goes where I want to speak my heart out. But at last would like to add about increase in land & construction cost which in a way had made things really difficult for a Builder to package their product for normal middle class people.
Correct, but the point over here is at this cost, people having capability will easiy get resale price in posh area in Indira Nagar. The second point is who is having that paying capacity. Salaried or business man. I don't think people are earning that much... Till they have either black money or they are selling lands in small town...
More the Luxury Projects announcements = Sooner the Bubble in property market will form
Absolutely Correct 100/100
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Would always prefer a plot in EMAAR at 1/2 the rate and get the construction done
It’s also a gated community with all facilities of Apartments. PEACE.
Good choice👍
Very informative 👍
And really like the aesthetics of this video.
Glad you liked it!
Thank you
Compare
Shalimar pinnacle vs eldeco trinity
Sure
This may be compared with Shalimar Valencia Towers perhaps, definitely not with Pinnacle. Room sizes are unsatisfactory, servant quarter is locked in, the 45 meters road it's situated upon hits a dead end & we don't know the layout of the proposed bandha road, among other things. Imho, this project will make others in the area look better.
Everyone has different preferences and point of view. Every development is planned as per the master plan of the city and as a good realtor and analyst we definitely follow and focus on the government infrastructure and future plan.
Thank you
Can you make a video on sample flat
Not yet ready, will definitely cover in future.
Thank you
It's seems like people in lko are becoming rich or they are migrating from small town. The cost is way beyond common salaried person even on higher rank. It's means Black money is very much prominent in U.P. U. P has mostly Govt Jobs and few IT sector. How come they can afford such high price.
Well said
Price of the flate starts ₹ 2 Cr +
These kind of projects are definately for the 'Ultra Rich' category, who are sitting on pile of surplus cash and don't know what to do and fun part is they will definitely not come to even stay in it for a month
So to enjoy such kind of life style once it gets delivered I will rent it out, live for 1-2 years and move out to some other better projects
Wiil keep my ₹ 2 Cr in Bank and earn minimum ₹ 15 Lakh per year as interest (post TDS) or buy 1 or 2 property in LDA approved projects at the outskirts of Lucknow and double my investment in 5-6 years
Such projects will never double your money even after 10 years
Great approach👌
Truly investors maths😊
Ultra luxury flats will double your return
FLATS-- depreciating assets
Luxury FLATS--appreciating assets
I have tons of examples
Absolutely correct
👍🏻
This part of Lucknow fast turning into a concrete jungle. Reminds me of outer ring road and Sarjapur, Bangalore. People in Lucknow first need to learn some civic sense and bring some tehzeeb and tameez back. Who's buying these luxury houses when the city predominantly has public sector, bank employees etc. This will most probably be inhabited by business folks with black money and no class
"Little knowledge is a dangerous thing."
Partial correct partial wrong🤐
Tum log lucknow ko neecha dikhana band karo pata nhi itna jal kyu rahi hai tum logo ki
Do you think people in Bangalore have a sense of civic responsibility? Bangalore is the worst city in India in terms of civic sense. I've been living in Bangalore for the past two years, and except for the weather, this city is terrible. I would prefer buying property in Lucknow, Noida or Indore instead of this gutter city.
Dear sir 🙏🏻
It would be interesting knowing....
Once you do research and make a video who are those people who are buying flat /villa.... etc.... In 1cr... 2cr... 3cr.........
In lucknow
And what is their profile....their background.....
It seems india has become Rich country....
ऐसा लगता है बेकार मे ही लोग गरीबी... महंगाई.... बेरोजगारी का रोना रोते है.....
🙏🏻
We are very soon doing a video on this. It was already on our list.
Thank you
Ultra luxury flats will double your return
FLATS-- depreciating assets
Luxury FLATS--appreciating assets
I have tons of examples
Great to know that.
Thank you for watching our videos.
Please give example.
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