Vishal is such a good host. The guest kept speaking over him and not let him complete. Everyone is open to give their 2 cents on the property market based on their experience, frustration and personal biases but at least appreciate the effort the host is making to get maximum information out for the audience who is watching and trying to learn. Keep up the good work Vishal. 👍
Walkeshwar has many good plots with views but all redevelopment is stand still since years …have stayed there for 30 yrs and I myself have a west open sea view in an 70 year old building
As a bandraite myself, I do not see Bandra as a prime location any more. It is overcrowded, roads are small for number of cars (basic infrastructure is not optimal for elite development) and even if you live on Carter road - money still can’t pay for the privacy (just look at the crowds on Carter road who are just visitors). South mumbai will still be south mumbai - and with new airport coming up, it is much better connected even than Bandra. (The cafes and everything social are side products of economic prosperity of region - they don’t matter in deciding “strategicness” of the location). So, south mumbai will keep its crown.
Vishal bhai....pls bring some sensible guys who are patient and ready to explain your viewers in terms of knowledge. For e.g., the raheja podcast you did was brilliant. Call some brokers, channel partners, so they can help us to expand our knowledge base too.
Most Bandra flats have all buildings very close to each other , Matchbox flats with 4 walls , completely dead no air and no sunlight , small roads with traffic at its peak , moving from bandra was the best decision , this developer has a lot of inventory flats on going projects in bandra khar hence his bias is towards bandra , As far as Sobo is concerned he Sadguru does not have deep pockets to " build or acquire land " at Malabar or Napensea Rd or Worli hence he is negative and crying about about the same
I have admired the layout of Satguru apartments. They make sense, are spacious, timeless, considerate (quarters for house help) and elegant on the eyes. Never knew who the builder was. Great introduction here. I like that they are selective and don’t go for cookie cutter buildings. Every one of his buildings has a unique layout. They certainly cater to a specific clientele and they know their tastes well. Love their work.
People have to come and visit a Satguru Building to Understand Finesse. They are a pleasure to deal with. Been working with them for over two decades and always end up with happy clients
halfway through , firstly , he is really intelligent. very sharp and clear. and yes as a resident of Bandra I can attest, they make tremendous buildings. Reputation over everything.
Bandra was a beautiful village, home to me my parents and Grandparents(1940). Beautiful cottages just like Goa. Its now beyond recognition. Builders and the new settlers call it a dream place to be. I call it a gas chamber. The whole charm of Bandra is gone. Bandra station to Bandstand to Carters its all messed up. The scary part is that now all these builders are heading to Goa.
😂 , the catholic church is the largest landowner of non agricultural land in India. Most of these lands were usurped during the colonial period. And you probably were lucky enough to live in the buildings that came up on the stolen lands. You will obviously be unhappy & feel stifled if you can't sell & move out. If you can sell, shouldn't you be happy that the place is buzzing ? sell & move to nicer places.
@@ignatiusfernandes5985 every upcoming place in Bharat is screwed. The reasons are apparent. 1. No development of villages, rural areas. 2. No economic development of all states leading to uncontrolled migration. 3. The biggest blunder is open borders. After 75 years we are sealing borders. Any country big or small which is beautiful, well maintained, prosperous has tight border control & immigration. It's impossible to rectify things in this country.
In my opinion, South Bombay had such aristocracy in the old days. Before the development of those terrible monstrosities in Cuffe Parade, the old elan and sophistication of Colaba is probably unmatched. Viewers can see some of the lost beauty in old Bollywood movies. Such a tragedy!!!!!!
south mumbai will always be super super premium area it was more than 100 yrs ago and it is still one of the most premium resdential areas in india looks like this guy has not heard of flats YES I MEAN flats get sold for 80 crs and 90 crs we are not talking of independent houses recently stock broker damani and vaccine maker poonawala brought floors costing hundreds of crores babani has real estste to sell in bandra or maybe andheri or santacruz that is why he is rooting for these places and saying silly things like south mumbai has lost its aura that is why for every multi crore sale in south mumbai there are more than 20 buyers ready
Honestly coming from a small developer in Nashik, Pune - this guy is too egoistic about the market. Looks like, right now he is selling to a select few from a closed group and has a buyer ready. He launches once in a blue moon when he knows he has a solid interest for at least 40-45% of inventory from the same closed group. This guy's philosophies will eat dust in other markets at high frequency if it had to be profitable really.
For most of his buildings his clientele is niche & uber wealthy for whom 1to 2 lakh per sq ft is small change . Business owners , top celebrities & such.
Good chat. Questions were pointed and well directed. Answers were good but narrow focussed. Would have liked a wider perspective from someone as experienced. The focus on the product will stand them in good stead. Look forward to the next chat.
This builder is doing everything that a builder should do...the high premium is not his problem but it is a result of the market condition...full of dishonest and shady builders looting their customers....rare honest product in a dishonest market can command a higher price! Real estate market should be consolidated like the car market where buying affordable segment doesnt mean you get unreliable product.... even when you are buying the cheapest car in the market, you expect timely delivery and it is expected that it wont start leaking or giving engine problems within 1-2 years...same should be the case with buildings......now imagine if in car market all other company cars doesnt get delivered, starts breaking down within few years, leaks everywhere in such a market even a reliable WagonR or Santro that gives you peace of mind will sell at a very high premium just for doing what it is suppose to do!
This guy is charging premium for delivering on time with all approvals. Bro this is the bare minimum any buyer expects. A developer should not be even in this industry if they cannot follow these. So his explanation for premium doesnt make sense. Premium price would be justified if the fixtures, fit and finish, choice of materials is superior.
SATGURU RENDEZVOUS is now the trademark project in Bandra west. They provide Ample Space and Decent Design without compromising the Quality they Build.....Highly Dedicated and Passionate Builder's 😊✌️
This guy is too niche & uber class with standalone buildings . Middle class looks for Residential townships such as the ones built by Hiranandani . Hiranandani micro townships have well spaced out good looking buildings that allow for breeze to blow in between them , well laid out roads, solid construction that even after 30 years remain as solid as new , plenty trees + parks, stp and schools, hospital, club, sports amenities , shops all within the residential area
I love all Sadguru buildings They are exclusively beautiful structures .Sadguru Rendezvous attracts me . Sharad & Simran are very humble souls . Goodluck Sharad !!
OMG he is such a gem of a builder because no developer will say “if you wanna invest, then invest in stocks don’t buy a house” very true💯📈that’s the reason he gets premium for his work…
@Vishal Bhargava, kindly avoid speaking in Hindi so as to let non Hindi speakers in India also benefit from your wonderful videos! I'm from Chennai and can't figure out things when you suddenly change the language.Thank you!
Other factors; 1. Houses for household help nearby. 2. Lead roads to the building before you hit the coastal road. 3. Public spaces nearby. Bandra is too crowded. Cluster development will not work because every Bandra builder has a huge ego. 4. Future of Nariman Point. Maybe Adani or Ambani or Brookfield will buy it out and make it residential as a suburb of BKC and Parel. Makes a lot of sense with coastal road.
2:45 What is wrong if I charge a premium 😂 ? Man, you build the whole building in the cost of 10 flats which are sold in retail, you gulp profit of rest 20-25 floors and things we know that you think we don't know FkUrSelf
The guy has his act together..other than the Bandra bias. Bandra Santacruz khar and the Western suburbs in general will be infrastructurally replaced \ upgraded by the big famous celebrities / cognescenti eventually...and the aspirational or vibe will gradually re-calibrate into what cuffe parade is today. Everything is always a cycle. Always.
We don't negotiate with doctors for high priced surgeries but the health insurance companies who pay the bill get better rates in every hospital. Overall, this guy made sense but seems to be slightly inexperienced.
I agree with white shirt , the word luxury is being misused left right centre. These builders even call sell a 1 room kitchen in Karjat as luxurious apartments
I thought mentioning 'builders' and 'honest' in the same sentence was an oxymoron, till I saw this interview. I wish more and more builders be like him, who aim to make beautiful buildings rather than fast money. Also, UC sale of flats, if not banned, should atleast be restricted till a certain % of project completion (say 70-80%). That would drive out of most of the unscrupulous guys from the industry.
Did he just say one should pay a premium for delivering on time, as promised & with all permissions? - Dude, that’s like saying one should pay a premium for a car because you’re giving 4 tyres alongwith the car…
In a space crammed city like mumbai balconies are a luxury that most people can't afford. The cost of land is very high to recoup it and make profits, developers need to maximise the FSI that they get. If you've a 1lac sqft buildable area you'll try to optimise it to get maximum number of flats that you can sell to people but if you add balconies your area is eaten up by balcony so number of flat reduces and cost of each flat goes higher which reduces number of people who can afford your flats. Hence builders in mumbai only do balconies if it's a super premium space. Most places can't have balconies. Same if you contrast with pune, there land is readily available. Abundant and hence even 2bhk flats have multiple balconies.
Thane Township projects are world class.. no match with bandra .. all new constraction myone constraction.. all leading builders oberia, hiranandani, godrej, raymond, lodha, piramal all are making world class buildinga
I like your pod cast and topics just want to suggest next time whenever you get a chance to pod cast with any real Estate guy do ask him about Prestige Group developer you have asked about other big developers but not this one and also South Bombay area you never talk about is Mahalaxmi which is currently booming.
Building homes ( apart from the extremely niche segment ) is a commodity industry in the the industrialised world. In 3rd world countries that have no building standards or regulations to protect customers, mediocre builders try to market a commodity as a brand and overcharge hapless customers. India needs better regulations, building standards & cheaper financing options to meet the housing needs of 1.4 b people.
The guest who is a developer/builder is comparing how one would want their interiors of their home in which they will live everyday for years to that of a hotel !! The guy is nuts ! He is just charging a whole lot more n is defending that 🤮
That's how rich people live. Middle class makes compromises. "Value for money" is not a concern for the rich. Have you never be to a rich person's home?
“Sadguru has consistently achieved premium pricing, and the reason is clear: their brand is passionate and unwavering in delivering super-premium projects. Their commitment to excellence speaks for itself.”
Lovely conversation Vishal, but the B Camera was not in focus throughout the episode. The plant behind was instead in focus. I'd suggest you use the Sony AS7 iii which has a great auto focus feature!
He talks about areas like Deonar and Goregaon going from not much value to high value because of builders then why can't a builder fight the funnel zone in Mumbai which keeps prices of areas like Santacruz East relatively low.I mean there's a whole piece of land and buildings next to Military camp ready for redevelopment in cluster but builders are afraid of funnel zone.
Worli stinks and Bandra East has a nala called mithe river 😂😂 people in Mumbai have no clue about quality of life 😅 they are so used to of kachra and jhopad pattis No sunlights, no provision of fire safety, no open spaces…
He’s a builder who already invested in bandra and doing projects in bandra which still not sold fully and he wants to make the money outa his investments bro. Vo dharavi k b taareef karega south bombay k aage😂😂
I'm from the construction industry and I agree, this guy is absolutely out of touch with all aspects of realty, yes realty. Malabar Hill is better than Bandra and who sells a bungalow in JVPD and go to Worli lmao, arrogant to boot, hope his buyers teach him a thing or two soon. One lakh a sqfoot? 10 crore for 1000 sqft? lmao. I just got an offer of 30 cr for a bungalow in Juhu 3000 sq.ft land area and 3 floors (4000 sqft) with land area.. which loon would buy a flat.
@@NoName-bb2pu 😂, he should thank his dad for handing over his business to him. If his dad was a commoner, this guy would have been one of millions of unemployables the Indian system is churning out .
Your example of DLF is inaccurate and inappropriate as Dlf was sold out only on Buildings which had received RERA. Apart from that they have nothing that is ready and not sold. Meaning buildings have not even started construction and they are sold out.
Bandra is sooper crowded.. narrow streets.. disgusting crowd.. absent parking availability.. it's like a well.. the world is much more better.. irrespective of pricing.. I wouldn't like to the Khar, Bandra locality.. .. all these monkeys aspire to buy so called weekend homes outside Mumbai to live with/ enjoy nature.. .. Staying in seawoods.. Powai.. AareyColony.. Upvan.. are far better for quality of life.. .. Why should we as citizens spend so much money on infra for these crowded anthill-like locations.. .. Logically when factories and mills were in Mumbai.. .. Now the MSMEs rule the roost.. .. The owners stayed in SoBo.. .. Big industrialists now take a helicopter to their factories outside.. .. The then managers stayed in Bandra.. Andheri.. now they choose Thane.. Seawoods.. .. The supervisors stayed in Chembur.. Ghatkopar.. Borivali.. Vasai.. Virar.. .. Most overmen.. labour stayed in Thane.. Kalyan.. .. Not anymore.. .. Since the factories have shifted to Kalyan.. Rabale.. Thurbe.. Panvel.. Patalganga.. .. The managers and owners are now shifted.. .. The Mumbai and city centre is way behind the earlier suburbs like Bandra Chembur Powai.. .. Why would you say the beer or coffee is better at LeopoldCafe with crowded dingy low roof closely seated benches for seats.. no proper parkings.. as compared to the beer at a finely located rooftop_ Mansionaire or a classy_ Captain'sBrew at Thane.. .. food for thought.. .. does that so called self glorified BandraBoy or the SoBo-Boy know anything better as far as an infra-ecosystem is concerned.. .. The suburbs have many decent/ better places that will rub.. shoulder to shoulder even with the high flying 48th floor Bastian-at-the-Top at Kohinoor Mall in Prabhadevi area.. ..
The builder knows he is lying bandra is ok place but other places are getting more popularity than bandra. He wants to protect his businesses his company has a bad reputation in the market. Court cases and unsatisfied customer he does not want to talk about it.
He is absolutely wrong ON DLF. DLF sold the flats in 35 hours without scratching the land parcel and he says DLF sold flats after construction. Also I guess he inherited his dads business and on his own he is yet to be on ground to understand the business better I guess
Vishal is such a good host. The guest kept speaking over him and not let him complete. Everyone is open to give their 2 cents on the property market based on their experience, frustration and personal biases but at least appreciate the effort the host is making to get maximum information out for the audience who is watching and trying to learn. Keep up the good work Vishal. 👍
Very Interesting I realy Apriciat
Their views
I hope the host is able to see the sarcasm or should that be made obvious as well ?!
Who ever this fellow is ....Malabar hill cannot finish ever ....
It is charm n prestige of south mumbai..
Walkeshwar doesn't have a lot of land parcels. I think its only redevelopment going on.. However, i agree it will also be the king
Walkeshwar has many good plots with views but all redevelopment is stand still since years …have stayed there for 30 yrs and I myself have a west open sea view in an 70 year old building
Last two episodes were awesome, Bring Mr. Hiranandani on your show...
I really like his view. He talks sense. He wants to make the Mumbai skyline look beautiful and not just build for revenue.
As a bandraite myself, I do not see Bandra as a prime location any more. It is overcrowded, roads are small for number of cars (basic infrastructure is not optimal for elite development) and even if you live on Carter road - money still can’t pay for the privacy (just look at the crowds on Carter road who are just visitors). South mumbai will still be south mumbai - and with new airport coming up, it is much better connected even than Bandra. (The cafes and everything social are side products of economic prosperity of region - they don’t matter in deciding “strategicness” of the location). So, south mumbai will keep its crown.
Agreed
You summed up the market for the entire city in that way.
I love his confidence and clarity towards market
This guy has his fundamentals set.
Vishal bhai....pls bring some sensible guys who are patient and ready to explain your viewers in terms of knowledge.
For e.g., the raheja podcast you did was brilliant.
Call some brokers, channel partners, so they can help us to expand our knowledge base too.
Yup, this person has ego issues and keeps interrupting vishal
Most Bandra flats have all buildings very close to each other , Matchbox flats with 4 walls , completely dead no air and no sunlight , small roads with traffic at its peak , moving from bandra was the best decision , this developer has a lot of inventory flats on going projects in bandra khar hence his bias is towards bandra , As far as Sobo is concerned he Sadguru does not have deep pockets to " build or acquire land " at Malabar or Napensea Rd or Worli hence he is negative and crying about about the same
Honestly whole Mumbai is like this. It's just overrated.
Never trust a builder, they are all thugs
I was warming up to comment like this 😂 just looked at the thumbnail and came to the comm section... Thanks
All or most of their properties are redeveloped - they absolutely don’t have the deep pockets to buy land parcels and make fresh apartments.
He didn't say anything factually incorrect though. Bandra is the most expensive location in the city
I have admired the layout of Satguru apartments. They make sense, are spacious, timeless, considerate (quarters for house help) and elegant on the eyes. Never knew who the builder was. Great introduction here. I like that they are selective and don’t go for cookie cutter buildings. Every one of his buildings has a unique layout. They certainly cater to a specific clientele and they know their tastes well. Love their work.
I admire Sharan, straightforward opinion, No BS.
People have to come and visit a Satguru Building to Understand Finesse. They are a pleasure to deal with. Been working with them for over two decades and always end up with happy clients
halfway through , firstly , he is really intelligent. very sharp and clear. and yes as a resident of Bandra I can attest, they make tremendous buildings. Reputation over everything.
All his answers are direct and spot on ---DIRECT TALK
Bandra was a beautiful village, home to me my parents and Grandparents(1940). Beautiful cottages just like Goa. Its now beyond recognition. Builders and the new settlers call it a dream place to be. I call it a gas chamber. The whole charm of Bandra is gone. Bandra station to Bandstand to Carters its all messed up. The scary part is that now all these builders are heading to Goa.
😂 , the catholic church is the largest landowner of non agricultural land in India.
Most of these lands were usurped during the colonial period. And you probably were lucky enough to live in the buildings that came up on the stolen lands.
You will obviously be unhappy & feel stifled if you can't sell & move out.
If you can sell, shouldn't you be happy that the place is buzzing ?
sell & move to nicer places.
@@ignatiusfernandes5985 every upcoming place in Bharat is screwed. The reasons are apparent.
1. No development of villages, rural areas.
2. No economic development of all states leading to uncontrolled migration.
3. The biggest blunder is open borders. After 75 years we are sealing borders.
Any country big or small which is beautiful, well maintained, prosperous has tight border control & immigration.
It's impossible to rectify things in this country.
In my opinion, South Bombay had such aristocracy in the old days. Before the development of those terrible monstrosities in Cuffe Parade, the old elan and sophistication of Colaba is probably unmatched. Viewers can see some of the lost beauty in old Bollywood movies. Such a tragedy!!!!!!
Podcast with builder/developer ❎️
Podcast with Bandra egoistic boy ✅️
😅
Such a straightforward guy loved his mindset especially about finance ❤
south mumbai will always be super super premium area it was more than 100 yrs ago and it is still one of the most premium resdential areas in india looks like this guy has not heard of flats YES I MEAN flats get sold for 80 crs and 90 crs we are not talking of independent houses recently stock broker damani and vaccine maker poonawala brought floors costing hundreds of crores babani has real estste to sell in bandra or maybe andheri or santacruz that is why he is rooting for these places and saying silly things like south mumbai has lost its aura that is why for every multi crore sale in south mumbai there are more than 20 buyers ready
Vishal, get in touch , to discuss redevelopment points as we are undergoing one at moment
Honestly coming from a small developer in Nashik, Pune - this guy is too egoistic about the market. Looks like, right now he is selling to a select few from a closed group and has a buyer ready. He launches once in a blue moon when he knows he has a solid interest for at least 40-45% of inventory from the same closed group.
This guy's philosophies will eat dust in other markets at high frequency if it had to be profitable really.
Absolutely right. Theres a reason he doesn't want to move out of Bandra. 1 lakh/sq.ft is bonkers
For most of his buildings his clientele is niche & uber wealthy for whom 1to 2 lakh per sq ft is small change . Business owners , top celebrities & such.
Yes, he's only well-known in Bandra, hyper-local focus.
Why will he go to other markets? Does Rolls Royce make the same amount of cars Toyota does?
People pay for the brand. 3lakh per sft at Asher @ Sep 24.
Very positive perspective. If you follow rules. No problems with ethical businessmen
Good job by the host staying professional when being told that black (white) is the new white (black).
Nice candid interview given by Sharan.
Thane with its wide roads and unmatched greenery is seeing a slew of high quality high-end projects that will ensure where the future lies.
I think this was an honest podcast by a person who knows his product, I don't know why in the comment section people are bitch assing over him ...
Very good interview & excellent insight & answers.
Good chat. Questions were pointed and well directed. Answers were good but narrow focussed. Would have liked a wider perspective from someone as experienced. The focus on the product will stand them in good stead. Look forward to the next chat.
Don't spoil my Bandra man. Road are such you can barely move two cars side by side and up you see all 20 floor high rises.
that is why prices have stagnated.
“Hubris” is one word for this guy Sharan , he seemed to embody Hubris !
I liked his reasoning and honesty
No nonsense..all straight talk..very impressive guy
This builder is doing everything that a builder should do...the high premium is not his problem but it is a result of the market condition...full of dishonest and shady builders looting their customers....rare honest product in a dishonest market can command a higher price! Real estate market should be consolidated like the car market where buying affordable segment doesnt mean you get unreliable product.... even when you are buying the cheapest car in the market, you expect timely delivery and it is expected that it wont start leaking or giving engine problems within 1-2 years...same should be the case with buildings......now imagine if in car market all other company cars doesnt get delivered, starts breaking down within few years, leaks everywhere in such a market even a reliable WagonR or Santro that gives you peace of mind will sell at a very high premium just for doing what it is suppose to do!
Have you seen his developments.. It's a wow factor.. You need to see it to believe it.
This guy is charging premium for delivering on time with all approvals. Bro this is the bare minimum any buyer expects. A developer should not be even in this industry if they cannot follow these. So his explanation for premium doesnt make sense. Premium price would be justified if the fixtures, fit and finish, choice of materials is superior.
which is also he was hinting at! be conscious while you are listening
Exactly my thoughts. Quality and Quantity can b charged under premium. Not legal documents, which is a lawful requirement!
Agree bro , on time delivery should normal not luxury
Malabar Hill is a class apart with no land to develop because everything is built upon by buildings and other infrastructure.
SATGURU RENDEZVOUS is now the trademark project in Bandra west.
They provide Ample Space and Decent Design without compromising the Quality they Build.....Highly Dedicated and Passionate Builder's 😊✌️
This guy is too niche & uber class with standalone buildings . Middle class looks for Residential townships such as the ones built by Hiranandani .
Hiranandani micro townships have well spaced out good looking buildings that allow for breeze to blow in between them , well laid out roads, solid construction that even after 30 years remain as solid as new , plenty trees + parks, stp and schools, hospital, club, sports amenities , shops all within the residential area
I love all Sadguru buildings They are exclusively beautiful structures .Sadguru Rendezvous attracts me . Sharad & Simran are very humble souls . Goodluck Sharad !!
OMG he is such a gem of a builder because no developer will say “if you wanna invest, then invest in stocks don’t buy a house” very true💯📈that’s the reason he gets premium for his work…
Great insights.
Would love to meet Sharan in person!
@Vishal Bhargava, kindly avoid speaking in Hindi so as to let non Hindi speakers in India also benefit from your wonderful videos! I'm from Chennai and can't figure out things when you suddenly change the language.Thank you!
True only vibe, narrow lanes
What an articulate guy
Those of you who have played Monopoly will know Park Lane can never be Mayfair. 😂😂😂
House is for living and not for investment. By this needy people can afford an house and can also prevent rapid expansion of the city.
Other factors;
1. Houses for household help nearby.
2. Lead roads to the building before you hit the coastal road.
3. Public spaces nearby. Bandra is too crowded. Cluster development will not work because every Bandra builder has a huge ego.
4. Future of Nariman Point. Maybe Adani or Ambani or Brookfield will buy it out and make it residential as a suburb of BKC and Parel. Makes a lot of sense with coastal road.
Vishal is a chill guy...if you know what I mean...😮
Thanks 👍🙏
2:45 What is wrong if I charge a premium 😂 ? Man, you build the whole building in the cost of 10 flats which are sold in retail, you gulp profit of rest 20-25 floors and things we know that you think we don't know FkUrSelf
The guy has his act together..other than the Bandra bias.
Bandra Santacruz khar and the Western suburbs in general will be infrastructurally replaced \ upgraded by the big famous celebrities / cognescenti eventually...and the aspirational or vibe will gradually re-calibrate into what cuffe parade is today.
Everything is always a cycle. Always.
We don't negotiate with doctors for high priced surgeries but the health insurance companies who pay the bill get better rates in every hospital. Overall, this guy made sense but seems to be slightly inexperienced.
SLUMBAI needs a FSR of 24 or more. All Builders live off scarcity of land. Its an Artificial shortage engineered by the state
I agree with white shirt , the word luxury is being misused left right centre. These builders even call sell a 1 room kitchen in Karjat as luxurious apartments
Vishal is relentless and on point
I thought mentioning 'builders' and 'honest' in the same sentence was an oxymoron, till I saw this interview.
I wish more and more builders be like him, who aim to make beautiful buildings rather than fast money.
Also, UC sale of flats, if not banned, should atleast be restricted till a certain % of project completion (say 70-80%). That would drive out of most of the unscrupulous guys from the industry.
Sharan is the true mafia.It seems he had practiced the lines number of times before coming to the show
Did he just say one should pay a premium for delivering on time, as promised & with all permissions? - Dude, that’s like saying one should pay a premium for a car because you’re giving 4 tyres alongwith the car…
Hi, pls do a video on Mumbai 3.0
Any relation to the iconic Satguru’s store on Linking Road, Khar.
Yes. It’s theirs only.
Do more podcasts with boutique developers
i Agree with sharan the greed is root cause where most builder get stuck most of them get stuck as they are in trading.
This 10 years old news and people have been shifting to BKC and Parel since that time.
Hey vishal , we would love to hear a podcast with sugee builder ( nishant despande) and you . Make that happen
Why is he being so aggressive in answering each question?
I just want to know why these developers/builders don't make flats that have big balconies. Like why. Who likes glass walls
In a space crammed city like mumbai balconies are a luxury that most people can't afford.
The cost of land is very high to recoup it and make profits, developers need to maximise the FSI that they get. If you've a 1lac sqft buildable area you'll try to optimise it to get maximum number of flats that you can sell to people but if you add balconies your area is eaten up by balcony so number of flat reduces and cost of each flat goes higher which reduces number of people who can afford your flats.
Hence builders in mumbai only do balconies if it's a super premium space. Most places can't have balconies.
Same if you contrast with pune, there land is readily available. Abundant and hence even 2bhk flats have multiple balconies.
The law say so were balconies cannot be without fsi
@@gaurangnaik850 Nicely Explained
@@festivalvlogs7 thanks mate. Thanks for taking time out to reply.
Balconies don't come under property tax whereas flats ie carpet area is taxed
Guy knows his stuff
For real??? You're comparing Malabar hill to bandra ohh come on
Get some good developer in Borivali. From 25k to 55k flats are being sold in Borivali. No Idea why prices sre going up so fast!
The guest sounds like a Mumbai's Delhi boy.
Tu jaanta hain mera baap kaun hain vibes..
Buy in oberoi in goregaon East
Thane Township projects are world class.. no match with bandra .. all new constraction myone constraction.. all leading builders oberia, hiranandani, godrej, raymond, lodha, piramal all are making world class buildinga
Anyone interested in Thane can connect with me will give pure consulting
What's the name of the company and developers
What is highest rate registration it in Malabar hills
This is the most sensible video if anyone wants to understand Mumbai real estate market
I like your pod cast and topics just want to suggest next time whenever you get a chance to pod cast with any real Estate guy do ask him about Prestige Group developer you have asked about other big developers but not this one and also South Bombay area you never talk about is Mahalaxmi which is currently booming.
Building homes ( apart from the extremely niche segment ) is a commodity industry in the the industrialised world. In 3rd world countries that have no building standards or regulations to protect customers, mediocre builders try to market a commodity as a brand and overcharge hapless customers.
India needs better regulations, building standards & cheaper financing options to meet the housing needs of 1.4 b people.
The guest who is a developer/builder is comparing how one would want their interiors of their home in which they will live everyday for years to that of a hotel !!
The guy is nuts ! He is just charging a whole lot more n is defending that 🤮
That's how rich people live. Middle class makes compromises. "Value for money" is not a concern for the rich. Have you never be to a rich person's home?
Most real estate folks have a very linear model of a city. Which I believe is outdated with internet.
Do not trust everything he says..der is a project in Mira road East which was stuck for years..but he has good marketing skills..
“Sadguru has consistently achieved premium pricing, and the reason is clear: their brand is passionate and unwavering in delivering super-premium projects. Their commitment to excellence speaks for itself.”
Meg malar Rag in Goregaon is much better than most of his buildings
Funny how people are quick to appreciate metro connectivity while undermining the internet connectivity.
Lovely conversation Vishal, but the B Camera was not in focus throughout the episode. The plant behind was instead in focus. I'd suggest you use the Sony AS7 iii which has a great auto focus feature!
He talks about areas like Deonar and Goregaon going from not much value to high value because of builders then why can't a builder fight the funnel zone in Mumbai which keeps prices of areas like Santacruz East relatively low.I mean there's a whole piece of land and buildings next to Military camp ready for redevelopment in cluster but builders are afraid of funnel zone.
Worli stinks and Bandra East has a nala called mithe river 😂😂 people in Mumbai have no clue about quality of life 😅 they are so used to of kachra and jhopad pattis
No sunlights, no provision of fire safety, no open spaces…
I would never buy in Bandra omg....u can hardly walk there....nooo
Hiking prices = Development
53:15 rafique merchant be like ...I love you too 😂
Bandra bandra bandra - all about his egoist place Bandra.
Why u developing kismet apartment carter road😢
He’s a builder who already invested in bandra and doing projects in bandra which still not sold fully and he wants to make the money outa his investments bro. Vo dharavi k b taareef karega south bombay k aage😂😂
Greed is the reason of projects getting stuck.greed of existing occupiers,developer,and the sanctioning authorities
It's hilarious cause Vishal knows that Bandra is shit but this guy believes Bandra as next big thing
I'm from the construction industry and I agree, this guy is absolutely out of touch with all aspects of realty, yes realty.
Malabar Hill is better than Bandra and who sells a bungalow in JVPD and go to Worli lmao, arrogant to boot, hope his buyers teach him a thing or two soon. One lakh a sqfoot? 10 crore for 1000 sqft? lmao. I just got an offer of 30 cr for a bungalow in Juhu 3000 sq.ft land area and 3 floors (4000 sqft) with land area.. which loon would buy a flat.
@@NoName-bb2pu 😂, he should thank his dad for handing over his business to him. If his dad was a commoner, this guy would have been one of millions of unemployables the Indian system is churning out .
Your example of DLF is inaccurate and inappropriate as Dlf was sold out only on Buildings which had received RERA. Apart from that they have nothing that is ready and not sold.
Meaning buildings have not even started construction and they are sold out.
Thats true. Hence ambani, chief minister, birlas stay here.
Most builders front politicians and mafias. The question should be who you are fronting?
I am pleased India's builders also speaks English so well.
Good point
Vishal completely roasted him by saying after 10 yrs the build place will be defined as a pink building in Bandra. 😜
what a egoistic person. showcasing how privileged he is like a maharaja
Bandra is sooper crowded.. narrow streets.. disgusting crowd.. absent parking availability.. it's like a well.. the world is much more better.. irrespective of pricing.. I wouldn't like to the Khar, Bandra locality..
..
all these monkeys aspire to buy so called weekend homes outside Mumbai to live with/ enjoy nature..
..
Staying in seawoods.. Powai.. AareyColony.. Upvan.. are far better for quality of life..
..
Why should we as citizens spend so much money on infra for these crowded anthill-like locations..
..
Logically when factories and mills were in Mumbai..
..
Now the MSMEs rule the roost..
..
The owners stayed in SoBo..
..
Big industrialists now take a helicopter to their factories outside..
..
The then managers stayed in Bandra.. Andheri.. now they choose Thane.. Seawoods..
..
The supervisors stayed in Chembur.. Ghatkopar.. Borivali.. Vasai.. Virar..
..
Most overmen.. labour stayed in Thane.. Kalyan..
..
Not anymore..
..
Since the factories have shifted to Kalyan.. Rabale.. Thurbe.. Panvel.. Patalganga..
..
The managers and owners are now shifted..
..
The Mumbai and city centre is way behind the earlier suburbs like Bandra Chembur Powai..
..
Why would you say the beer or coffee is better at LeopoldCafe with crowded dingy low roof closely seated benches for seats.. no proper parkings.. as compared to the beer at a finely located rooftop_ Mansionaire or a classy_ Captain'sBrew at Thane..
..
food for thought..
..
does that so called self glorified BandraBoy or the SoBo-Boy know anything better as far as an infra-ecosystem is concerned..
..
The suburbs have many decent/ better places that will rub.. shoulder to shoulder even with the high flying 48th floor Bastian-at-the-Top at Kohinoor Mall in Prabhadevi area..
..
The builder knows he is lying bandra is ok place but other places are getting more popularity than bandra. He wants to protect his businesses his company has a bad reputation in the market. Court cases and unsatisfied customer he does not want to talk about it.
He is absolutely wrong ON DLF. DLF sold the flats in 35 hours without scratching the land parcel and he says DLF sold flats after construction. Also I guess he inherited his dads business and on his own he is yet to be on ground to understand the business better I guess