Purchasing a plot and then getting builder make floors in it and living in builder does not makes sense. Rather individual flat makes sense as lifestyle is almost same
Completely disagree, buying a flat is never a good idea for investment. As the prices of flats are extremely high. Better to buy land in your home city. The plot gives much appreciation compared to flat. Flats always lose value over time as building depreciates. If you have your own home in your hometown, work and save as much money in a big city. Living standards in tier 2 cities are better compared to big cities. If you have no home of yourself then go and buy a flat.
Sir some of your ideas are right but the problems with multistorey flats is first the quality of construction after witnessing the CHINTELS incident. Second is the exorbitant maintainence charges plus no control over it, thirdly exorbitant money being charged for parking slots, club houses etc. In this way making a small own house on an independent plot is much better. Although it may not be completely vaastu compliant.
Most of the builders in Flats are not leaving the maintenance and giving it to RWAs. And at many places residents are so busy that they don't want to come forward to take responsibility of maintenance in their hand. This is a easy money making business for builder as they get money every month and builder keep increasing maintenance charges year over year heavily by some or the other excuse ......and once you have purchased you are trapped.
Mere Grandfather ne ak plot liya tha only for 9000 rupees back in 1976. Aab uss plot ki kimat hain lagbhag 2 cr. Aur humne promoter se deal karke uspe flat banbaya hain to mujhe 10 flats mile. Agar main flats ko kam se kam 25 lacks ka bhi sell karun to 2.5 cr bante hain aur agar main sirf rent pe du to 70-80 k per month income banegi. Abb batao plot accha hain ke flat. Note:- mera daddu uss plot pe with family pichle 50 saalo se raha to sirf rent pakro to bhi paisa kaye guna ho gaya.
Flat lena ek alag hi tension hai. Logo ne full payment de rakha hai. Lekin builder possession nahi de raha hai. Rent bhi de rahe hain aur EMI bhi de rahe hain.
Purchasing a flat is like a platform ticket, just short term stay is advisable,it is like flowing within different schools of thoughts, The per capita power to own independent house in posh colonies of Metros is low and people are compelled to live in compromised situations
Absolutely agree. I wonder how many of the people are living on plots with 3 sides open and a mini lawn at the entrance. Fact is - majority of the houses on plots in india dont even have a standard parking or ventilation,
Actually for living directly buying flat is better for investment plot is better Bought plot in Bangalore with my brother ( godrej properties project (Godrej Woodland , Sarjapur) ) in phase 1 In Phase 2 the appreciation is 23.6% ( within 1.5 yrs) Phase 3 is also left ( so assuming more appreciation , not equivalent to 23.6% but around 8-12%) And then the appreciation will happen according to how much such plot projects or flat projects get started , so end of the day is just depend on ur requirement , nothing is bad or better , everything has its own pros and cons
I think you should not talk about only Delhi or Gurgaon. These places are crowded and no land almost. Flat will be only 900 sft carpet area for 1.5 cr. Is it reasonable?
Sir 200 gaj ka flat stilt plus four me if any earthquake building collapsed then 200 gaj / four persons=50 gaj plot equal toh hoga n????and flat where thousands of flat waha kis ratio me divide hoga???
Dear sir ..i am fan of you and your video are complete package of information.....i need one guidance regarding best decision in making investment in office space OR retail shop ....
Irrelevant, plots r always better. In flats you have to share many common areas, but in plots you can have ur own garden gym pool, etc. Don't misguide people
Consult good architect so he can design good ventilation house...this guy is saying wrongly tat only flat can give u good ventilation...have u checked the quality of flats? It's pathetic
Sir with all due respect in 95% of india plots are still cheaper than construction cost. In a city like jaipur u can easily get plot of 200sq yard in 25-30 lacs.
Its purely depends on how much is plot land, how much is your need i.e g plus 1 , gated community etc, space putside in layout, whether you want to live in matchbox buildings, have seen ceiling coming out in flats these days in just 5-6 years .. , so its purely on how much is cost, what kind of life you want...so many factors
Makes sense. Also, not to forget india is an overpopulated country. plots especially in north of india arnt stand alone, they share 3 sides with other plot. Lifestyle is much better in a flat wrt to 80% of the plots.
Is it advisable to purchase a flat in Noida whose builder were declared insolvent and now again contructed by NBCC under the guidelines of Supreme court
In my openion for small family of 3 people flat is best option For joint family who are very creative, hardworking and fond of doing everything by their mind , plot is best
Don’t agree with you sir as plots appreciate at double rate than flats and when flats become older it is very difficult to repair the building because consensus problem
I had a confusion if I took the right decision to buy two flats on cheap loan (being bank employee) but you have cleared my confusion.Highrise flat life is awesome .Full light and air in all rooms,hall,kitchen and even washrooms. Recently I have sold a very old small house situated in a 2 tier city which could not be even given on rent and required full renovation , so I sold it and am investing that amount in mutual funds in this falling market.Is it a correct decision .
He says that 60-70 years back cost of construction was much more than the cost of the plot whereas today construction cost is just 25% of the cost of the plots, which actually is true. This statement clearly means that investing in land offers superior advantages in terms of investment, flexibility, and scalability. With land becoming increasingly scarce and expensive, it provides significant opportunities for growth and appreciation over time. Owning land gives you the freedom to use or develop it as needed. Apartments often lose their appeal over time, and new customers tend to favor purchasing units in newer, more modern buildings equipped with the latest amenities. This makes older apartments less valuable. And not to forget that most of the builders are using substandard materials, causing apartments to deteriorate rapidly within 5-7 years. As a result, they start to look much older than they actually are. Furthermore, the unethical behavior of builders, including their high-handedness and involvement in illegal constructions aimed at maximizing profits, makes things worse of an average home buyer.
Mota mota ye hai ki delhi mein jo bi oesa invest kr rhe ho uska 40% health care ke liye savings account mein jroor rkhlena kyunki bimar to tum pdoge hi aur fir chahe tum 1 crore ka ghar lo ya 2 cr ka wo tumhari qabar hi kharid rhe ho😮. 1cr ki qabar 😅
Disagree sir with an example. My uncle is an Auto rikshaw driver and he has 3 sons. He bought 50 GAJ of plot in 90's in Delhi and constructed a small house for his family. After 20-25 year their kids grown up and married but could not draw the hansom salary so they cannot afford a flat in that area but since he was already having his plot with ground floor they decided to put one floor for each son so now they have G+3 and staying together without having to pay EMIs or risking with builders. Can this be done had he purchase a flat in a similar area back then.
I agree... in addition, the logic given is more applicable to metro cities where rentals and property value have risen sharply in smaller towns houses/plots are still affordable with the help of loans...
Yes, but how many middle class ppl can buy a plot today? He is clearly stating that it was a better choice earlier but now it has become Herculean task.
Sir mai ek chiz khna chahuga maine noida mi approx sabhi sector mi enquiry ki hai har jgh lease hold hi hain plot flat ka to samgh aata hai per plot lease hold kyu deti hai authority??
Sangwan ji..... Sec 106 m housing board haryana k flats for armed forces ...... launch hue the.....any information on that....plz.......koi video bnao ...un par bhi.....
Its a horrible situation in Delhi/NCR in any place where you are purchasing things from builders both in high rise buildings and in independent floors. The quality of construction is extremely poor - within purchase of 1 or 2 year you will start facing problems of seepages, cracks and plasters falling apart......The final finish is being made so attractive that innocent buyers get trapped and valuations (By builder) are kept so high that once you have purchased a property (Independent floor or flat) then in next 5 years also there is no or minimal price appreciation. There is no point in buying a property for investment purpose as returns are at the max. 2% to 3% only.....while stress of maintaing it is too high. Better keep money in Bank FDs and easily earn 7%+ interest easily these days. Property investment is a waste of money now.
@@Chronos867 Delhi NCR - almost all builders are theif - their sales team is polite only till you have not given money. Once you are trapped (given money) builder will never listen you. Your problems /voice will never reach to the decision making person of the construction company (owner) - keep writing emails /calls - no solution. Most of the unqualified/uneducated people are now bosses in construction company. These builder are taking advantage of non-availability of time with working class people. So, in a way working class is working hard and saving money to give to builder....and in turn get poor constructed but highly finished apartment/floor..........and then these working classes have to pay heavy maintenance in some or the other way. Its a loot ......RERA and other are helpless ....
Very well explained the comparison of flats v/s plot. I purchsed plot in 99 (66yards) and build 2•5 flrs on it as per vastu. This year i sold it and now wish to shift to Dholera Smart city, book a plot and will build house of Vastu compliant, instead of flat in either Delhi NCR because of vehicular and environ pollution issues. Regards. 🙏
Plot is okay if you are HNI.Otherwise better option is Flat. In plot your dreams will never come true considering time,job, maintenance, dispute, infrastructure,road, parking, besides neighbour etc.
Maine 14 dismil plot kharidi..G2 building banawaya 2 Bhai ke liye ...baki jamin pe bagwani karni hai..niche ka floor parking and meeting area hai..paisa aayega to upar banana hai rent purpose se ..total cost pada mera 70 lakhs...wahi agar main isi location pe 2 flat kharidta to mujhe 1 crore pahunch jayega..
Purchasing a plot vs flat is always a tradeoff. IMO you should live on rent for entire life and then move to your native city on retirement if possible. Flat apartments built by good builders also have poor quality
Living in Mumbai it is very difficult to buy a flat without loan or help from family. It is more difficult to shift to a bigger flat as family needs. Live in rental flat during working life.
there is no solution for that only solution shift your city as your income not enough for that place. go to the city where you can get your expected flat at your rate. only money is solution if yes buy otherwise cant. take loan only max 50% of flat
Flats are overpriced, and as you said even Building built will to have Flat like attributes in long run. But If you stay in apartment, after saying a long time, it will be cumbersome to rebuild the apartments with consent of so many stakeholders, as their financial conditions and warabouts may vary in that time period. So I prefer Plots over Flats. Also, atleast as you said collaboration can be done in case you need to liquidate that plot in when financial stress if required. But you can't do that in Flats. Moreover old flats are difficult to be sold as compared to new construction learnt from you only.
अमित जी, आपकी जानकारी के लिए, फ्लैट भी तीन तरफ से बंद ही होता है, केवल एक साइड ही (फ्रंट विंडो वाला) ही खुला मिलता है। वो भी जब दो विंग के बीच में खुला या गैप होगा तो # कॉमन अफोर्डेबल फ्लैट /बिल्डिंग की लाइफ सिर्फ १५ से २० साल की है, पुरानी बिल्डिंग,हमेशा कम कीमत ही मिल पाती है, नए के तुलना में 😅😅😅😅
Indore me bech rahe hai yeh 20* 50 or 20*60 ke bakwas plots. Wndar sara andhera aur light nahi aa rahi. Sheher aage chala gaya aur log piche chut gaye hai.
Startimg the example of cost of a land in specific area and generalize it is questionable. In most part of India cost of land is not that costly now. I will urge people to consider variohs aspect before you take decisions. I like your other words of wisdoms from your observation and high experience.
@@VishalGupta-bz9gt May not be true in future. The way trend is going, in future housing would by default imply living in gated communities. Aggregating plot owners with small tickets to build a big land parcel for a gated community has many hurdles that could play against individual plots. Mumbai has already seen it. Land became so costly there that it became impossible or senseless for the middle class to buy their own plots and therefore in Mumbai real estate, there is no concept of individual plots. Rest of Tier 1 cities in India are following the same trend. Even in societies with RWA, very old apartments actually cost less than the land value of their UDS because there are many hinderances associated with redevelopment. In case of plots, even RWA isn't there in a locality. So even if in future a big builder wants to acquire plots to build an apartment complex, it will be an issue to convince all the land owners in a closed circuit.
There is no cross ventilation today. Why live in Ac. We have to pay heavy electricity bills, become indebted to buy such a house and also spoil the environment by adding to global warming. Pl take up this matter of providing cross ventilation in each room to the authorities
Return on investment of Rs. 50 Lakhs made for 20 years in Residential Land vs Residential Building(Practical Case study):- 1st scenario: Return on the investment done in residential Land:- Suppose someone purchases a patch of good residential land for Rs. 50 Lakhs somewhere in Bhubaneswar. With a reasonable return of 13% per annum, the value of that land will become Rs. 5.76 Cr after 20 years. If we adjust the future value of that land with a per annum inflation rate of 6.5%, then the present value of the “future value of that land” I,e 5.76 Cr is Rs. 1.63 Cr. That means purchasing power of 5.76 Cr after 20 years is equal to purchasing power of Rs. 1.63 Cr as of today. [Note: 13% per annum return is the actual return calculated from the author's investment in land in Bhubaneswar 7 years back in 2015] So after 20 years, you will get a net return of [(1.63Cr/0.50 Cr)*100]= 326% on your investment in land. 2nd scenario: Investment in a residential building:- Suppose someone already has residential land on which he wants to construct a building or he wants to construct more floors on his existing building or he purchases a residential unit(flat) in any good apartment project in the city and the value of his total investment is Rs. 50.00 Lakhs and he gets a rental income of Rs. 20,000/- per month. Rs. 20,000/- per month is invested at 6% per annum return for 20 years will give 0.92 Cr, with a total investment of 0.48 Cr. If we adjust the future value of that return which is Rs. 0.92 Cr with a per annum inflation rate of 6.5%, then the present value of that amount is Rs. 0.26 Cr only. Considering the total lifespan of the building to be 60 years, after 20 years the building will be depreciated to (50 Lakhs/60)*40= 33 Lakhs(value as of present date) and Rs. 1.16 Cr(future value considering inflation to be 6.5%). So the total value of the asset in the hand after 20 years will add up to 26 Lakhs(rental yield)+ 33 Lakhs (Buildings value)=59 Lakhs, which will give a 118 % return on investment. [Note: 20,000/- per month rental income on 50 Lakhs construction is practically feasible in case of an individual building having accommodation for 2-3 tenant families in it. In the case of the apartment it may remain around 10,000/- only] So from the above calculations, it is understandable that investing Rs. 50 Lakhs in residential land will give a 326% inflation-adjusted return while investing in residential buildings will give only a 118% inflation-adjusted return. If we will not adjust the return with inflation, then the total return will be 1152% in the case of Land and 416% in the case of Building. So Investing in Land will make your money 2.76 times more than the return you get by investing in a building within 20 years and with the increase in years the gap will increase multi-fold. The above case is true for residential investment in residential lands and buildings only not for commercial lands and buildings. In the case of commercial buildings the per annum rental yield(rental income on total investment) is more than 2.5 times of rental yield of residential buildings in India. In India rental yield I,e per annum rent you get is around 1.8% to 2% per annum of your total investment. That means if you purchase an apartment or purchase land and construct a building on it with a total expenditure of 1 Crore then you will get annual rent of Rs. 1.80 Lakhs to Rs. 2.00 Lakhs from it, which is not a wise investment. But this rental yield becomes 4% to 6% per annum on average, in the case of a commercial building. In the USA rental yield on residential property is around 6% per annum. So the people who are constructing a house bigger than their actual family needs and generating rental income out of it are making an unwise investment. In some cases, it is seen that people are working outside their home state and investing in apartment flats by taking huge loans, in my opinion, it's a financial blunder. By the time they will return to their home state after retirement (suppose 20-25 years), 60-70% of the life span of that residential unit will be gone by then. In this process, the tenants are getting the benefits of what the owners are losing.... yes money !! Here I’m not talking that no one should build or purchase his/her residential unit, but one should build or purchase that much, of what is necessary for his/her family only. Author:- G S Dash
Good analysis but you missed one thing 10 percent rise of rent in cities every year By this logic 20k rent will double in 7- 8 years Now do the calculations
@@praveenalok2009 Considering the total lifespan of the building to be 60 years, after 20 years the building will be depreciated to (50 Lakhs/60)*40= 33 Lakhs(value as of present date) and Rs. 1.16 Cr(future value considering inflation to be 6.5%). Please read and try to understand again.
Purchasing a plot and then getting builder make floors in it and living in builder does not makes sense. Rather individual flat makes sense as lifestyle is almost same
Completely disagree, buying a flat is never a good idea for investment. As the prices of flats are extremely high. Better to buy land in your home city. The plot gives much appreciation compared to flat. Flats always lose value over time as building depreciates. If you have your own home in your hometown, work and save as much money in a big city. Living standards in tier 2 cities are better compared to big cities. If you have no home of yourself then go and buy a flat.
Sir some of your ideas are right but the problems with multistorey flats is first the quality of construction after witnessing the CHINTELS incident. Second is the exorbitant maintainence charges plus no control over it, thirdly exorbitant money being charged for parking slots, club houses etc. In this way making a small own house on an independent plot is much better. Although it may not be completely vaastu compliant.
Cost of construction has not gone down, it has gone up. In urban areas cost of land has gone significantly up as compared to the cost of construction.
Construction quality is pathetic these days so it is better to own a plot than a flat. Flat lene se accha hai rent pe rehna
Most of the builders in Flats are not leaving the maintenance and giving it to RWAs. And at many places residents are so busy that they don't want to come forward to take responsibility of maintenance in their hand. This is a easy money making business for builder as they get money every month and builder keep increasing maintenance charges year over year heavily by some or the other excuse ......and once you have purchased you are trapped.
Exactly
Right
Absolutely correct, it's a big trap. This way in delhi dda multistorey flats in dwarka are very good, reasonable charges,, good construction.
Rightly said it's a trap, electricity charges too in the name of backup
What your saying could be true in cities....but in places away from cities land prices are still reasonably cheap
Hello sir I like your all videos, very useful information given by you. Keep it up & don't stop. Fully Agreed with you 👍
Purchasing land is always better than flat...we can enjoy life with our own land...no body will ask wat ever we do...
Mere Grandfather ne ak plot liya tha only for 9000 rupees back in 1976. Aab uss plot ki kimat hain lagbhag 2 cr. Aur humne promoter se deal karke uspe flat banbaya hain to mujhe 10 flats mile. Agar main flats ko kam se kam 25 lacks ka bhi sell karun to 2.5 cr bante hain aur agar main sirf rent pe du to 70-80 k per month income banegi.
Abb batao plot accha hain ke flat.
Note:- mera daddu uss plot pe with family pichle 50 saalo se raha to sirf rent pakro to bhi paisa kaye guna ho gaya.
He is talking about purchasing plot today
Puri dunia Dilli mein hi nai rehti. Case to case dependent hai . Plot leke commercial rent pe do. Look for commercial value.
Main assumption is that people are going for builder floor/ on plots, not everyone does that.
Flat lena ek alag hi tension hai.
Logo ne full payment de rakha hai.
Lekin builder possession nahi de raha hai.
Rent bhi de rahe hain aur EMI bhi de rahe hain.
Buying investors property or 2/3 old might be a worthy decision.
100%right
Lovely comparative analysis.
Very effective comparison... and truly useful information
Flat has a depreciation value but for Plot the sellable value will be more then purchase.
Sir jyada pesa property mein invest krne se acha hai business pr kro. Your living cost should be minimum.
😂 kuch bhi 😂
Kaharidne se pahle bechne ka sochte h indians
Who told you flat has depreceation value?
@@amitsinha0105 am the real estate agent in Bangalore, I never recommend my customer to buy flats.
Purchasing a flat is like a platform ticket, just short term stay is advisable,it is like flowing within different schools of thoughts,
The per capita power to own independent house in posh colonies of Metros is low and people are compelled to live in compromised situations
Absolutely agree. I wonder how many of the people are living on plots with 3 sides open and a mini lawn at the entrance. Fact is - majority of the houses on plots in india dont even have a standard parking or ventilation,
Actually for living directly buying flat is better for investment plot is better
Bought plot in Bangalore with my brother ( godrej properties project (Godrej Woodland , Sarjapur) ) in phase 1
In Phase 2 the appreciation is 23.6% ( within 1.5 yrs)
Phase 3 is also left ( so assuming more appreciation , not equivalent to 23.6% but around 8-12%)
And then the appreciation will happen according to how much such plot projects or flat projects get started , so end of the day is just depend on ur requirement , nothing is bad or better , everything has its own pros and cons
Sir your advice is mainly applicable for metro and big cities
Sir, very good punch line, "programe" ho jayega
Nice explanation 👍
I think you should not talk about only Delhi or Gurgaon. These places are crowded and no land almost. Flat will be only 900 sft carpet area for 1.5 cr. Is it reasonable?
Absolutely right saying 👍🏻👍🏻
Very good information
Sir 200 gaj ka flat stilt plus four me if any earthquake building collapsed then 200 gaj / four persons=50 gaj plot equal toh hoga n????and flat where thousands of flat waha kis ratio me divide hoga???
Dear sir ..i am fan of you and your video are complete package of information.....i need one guidance regarding best decision in making investment in office space OR retail shop ....
Irrelevant, plots r always better.
In flats you have to share many common areas, but in plots you can have ur own garden gym pool, etc.
Don't misguide people
Consult good architect so he can design good ventilation house...this guy is saying wrongly tat only flat can give u good ventilation...have u checked the quality of flats? It's pathetic
True
Need to consider the lifespan of the building as well.
Sir with all due respect in 95% of india plots are still cheaper than construction cost. In a city like jaipur u can easily get plot of 200sq yard in 25-30 lacs.
@@suyashsingh9456 Ajmer Road/Jagatpura/Sikar Road/Agra Road/Sitapura and many other locations
Yes, in Tronica City Ghaziabad price is 25 K per square metre only. Zero KM from Delhi
@@manojsharma3655 😂😂 bahenchod kacchi colony hai wo unauthorised
Bhai jaipur centre se 20km dur h ye rate
Its purely depends on how much is plot land, how much is your need i.e g plus 1 , gated community etc, space putside in layout, whether you want to live in matchbox buildings, have seen ceiling coming out in flats these days in just 5-6 years .. , so its purely on how much is cost, what kind of life you want...so many factors
Mr. Know it All why did you forget Capital Appreciation which is manifold for plot compared to flat
Mostly in small cities we will prefer plot rather than buying flats.
Well done
Depends on the place.
Sir if plot is purchased long before then should I construct house on it or should I sale it and buy a flat???
Please can you answer??
Yes agree I did the same 25 years ago I took plot counteracted small home sold it last year and perched big flat with so many aminities
Makes sense. Also, not to forget india is an overpopulated country. plots especially in north of india arnt stand alone, they share 3 sides with other plot. Lifestyle is much better in a flat wrt to 80% of the plots.
For big cities go for flats...and for small districts like chindwara balaghat seoni betul sagar etc buy plots instead.....
Is it advisable to purchase a flat in Noida whose builder were declared insolvent and now again contructed by NBCC under the guidelines of Supreme court
Flat & house is marketable non-invested property if it gain value that doesnt mean
We get return.
In my openion for small family of 3 people flat is best option
For joint family who are very creative, hardworking and fond of doing everything by their mind , plot is best
Plotted colonies on Sohna Road have been taken over by M C G ,
Rates of plots --- in these colonies will increase , if so by how much ??
Really informative video 🔥 FLATS make a lot of sense in big cities...
Plots can be considered in small cities and towns 🙌🏼
Don’t agree with you sir as plots appreciate at double rate than flats and when flats become older it is very difficult to repair the building because consensus problem
I had a confusion if I took the right decision to buy two flats on cheap loan (being bank employee) but you have cleared my confusion.Highrise flat life is awesome .Full light and air in all rooms,hall,kitchen and even washrooms. Recently I have sold a very old small house situated in a 2 tier city which could not be even given on rent and required full renovation , so I sold it and am investing that amount in mutual funds in this falling market.Is it a correct decision .
Sir upcoming yashika 104 affordable
Your view on that ??
Sir kisi do building mein 60 feet se kam distance hai to kya vo tutegi
What about TIER 2 & 3 cities?? plot culture is still prevalent here..
Need to ask something important about to buy house or plot , how can I contact Mr. Sangwan sir ????
He says that 60-70 years back cost of construction was much more than the cost of the plot whereas today construction cost is just 25% of the cost of the plots, which actually is true. This statement clearly means that investing in land offers superior advantages in terms of investment, flexibility, and scalability. With land becoming increasingly scarce and expensive, it provides significant opportunities for growth and appreciation over time. Owning land gives you the freedom to use or develop it as needed. Apartments often lose their appeal over time, and new customers tend to favor purchasing units in newer, more modern buildings equipped with the latest amenities. This makes older apartments less valuable. And not to forget that most of the builders are using substandard materials, causing apartments to deteriorate rapidly within 5-7 years. As a result, they start to look much older than they actually are. Furthermore, the unethical behavior of builders, including their high-handedness and involvement in illegal constructions aimed at maximizing profits, makes things worse of an average home buyer.
Mota mota ye hai ki delhi mein jo bi oesa invest kr rhe ho uska 40% health care ke liye savings account mein jroor rkhlena kyunki bimar to tum pdoge hi aur fir chahe tum 1 crore ka ghar lo ya 2 cr ka wo tumhari qabar hi kharid rhe ho😮. 1cr ki qabar 😅
What should I buy flate or villa
Disagree sir with an example. My uncle is an Auto rikshaw driver and he has 3 sons. He bought 50 GAJ of plot in 90's in Delhi and constructed a small house for his family. After 20-25 year their kids grown up and married but could not draw the hansom salary so they cannot afford a flat in that area but since he was already having his plot with ground floor they decided to put one floor for each son so now they have G+3 and staying together without having to pay EMIs or risking with builders. Can this be done had he purchase a flat in a similar area back then.
I agree... in addition, the logic given is more applicable to metro cities where rentals and property value have risen sharply in smaller towns houses/plots are still affordable with the help of loans...
No question of foundation plan?
@@aratichoudhury9269 they used existing one only I believe that must be strong enough to hold the three storey.
Yes, but how many middle class ppl can buy a plot today? He is clearly stating that it was a better choice earlier but now it has become Herculean task.
Sir plz sonipat ki real estate market ke bare me bhi btae. Whan kya better h
Sir mai ek chiz khna chahuga maine noida mi approx sabhi sector mi enquiry ki hai har jgh lease hold hi hain plot flat ka to samgh aata hai per plot lease hold kyu deti hai authority??
Sangwan ji..... Sec 106 m housing board haryana k flats for armed forces ...... launch hue the.....any information on that....plz.......koi video bnao ...un par bhi.....
Hi sir what abt buying a small plot in small city ( hometown)
Its a horrible situation in Delhi/NCR in any place where you are purchasing things from builders both in high rise buildings and in independent floors. The quality of construction is extremely poor - within purchase of 1 or 2 year you will start facing problems of seepages, cracks and plasters falling apart......The final finish is being made so attractive that innocent buyers get trapped and valuations (By builder) are kept so high that once you have purchased a property (Independent floor or flat) then in next 5 years also there is no or minimal price appreciation. There is no point in buying a property for investment purpose as returns are at the max. 2% to 3% only.....while stress of maintaing it is too high. Better keep money in Bank FDs and easily earn 7%+ interest easily these days.
Property investment is a waste of money now.
@@Chronos867 Delhi NCR - almost all builders are theif - their sales team is polite only till you have not given money. Once you are trapped (given money) builder will never listen you. Your problems /voice will never reach to the decision making person of the construction company (owner) - keep writing emails /calls - no solution. Most of the unqualified/uneducated people are now bosses in construction company. These builder are taking advantage of non-availability of time with working class people. So, in a way working class is working hard and saving money to give to builder....and in turn get poor constructed but highly finished apartment/floor..........and then these working classes have to pay heavy maintenance in some or the other way. Its a loot ......RERA and other are helpless ....
True
@@mukulvarshney7539 very true 👍
Purchase both if u can if u r living in small town where land is cheaper like 10-20k per sq. yard. But only flat if u r in cities
सही कहा है आपने।
Very well explained the comparison of flats v/s plot. I purchsed plot in 99 (66yards) and build 2•5 flrs on it as per vastu. This year i sold it and now wish to shift to Dholera Smart city, book a plot and will build house of Vastu compliant, instead of flat in either Delhi NCR because of vehicular and environ pollution issues. Regards. 🙏
But whats your source of income? How will you finance yourself in Dholera?
@@vividlearner7427 Plot planned in 2019 through LAP and house construction through disposed off property .
This is comment or taunt 😉
I'm from DHOLERA
The development is still in the beginning phase. Ideal time to invest...
@@pruthvirajsinhchudasama647 Sure. But the priorities of execution on ground changed with passage of time. Any how hope for no further delay.
When you buy flat too. You have UDS share. When flat is demolished and built again , you get free built.
Plots are way better even if it is in village. Retirement ke baad hometown me shift karunga, Tier 1 cities se thak gaya.
Sir if you are buying a plot in hsmall town like Yamuna Nagar Haryana , still cost is very less
Plot Good for renting purpose
Plot is okay if you are HNI.Otherwise better option is Flat. In plot your dreams will never come true considering time,job, maintenance, dispute, infrastructure,road, parking, besides neighbour etc.
ganna example is hilarious 😆
Navi mumbai outskirt pe video banao sir plz
plz do more such sessions with screen sharing and diagram based explanation...
Maine 14 dismil plot kharidi..G2 building banawaya 2 Bhai ke liye ...baki jamin pe bagwani karni hai..niche ka floor parking and meeting area hai..paisa aayega to upar banana hai rent purpose se ..total cost pada mera 70 lakhs...wahi agar main isi location pe 2 flat kharidta to mujhe 1 crore pahunch jayega..
Purchasing a plot vs flat is always a tradeoff. IMO you should live on rent for entire life and then move to your native city on retirement if possible.
Flat apartments built by good builders also have poor quality
Living in Mumbai it is very difficult to buy a flat without loan or help from family. It is more difficult to shift to a bigger flat as family needs. Live in rental flat during working life.
there is no solution for that only solution shift your city as your income not enough for that place. go to the city where you can get your expected flat at your rate. only money is solution if yes buy otherwise cant. take loan only max 50% of flat
Delhi Noida mei log kitna kamate hi 2 crore ka ghar vo bhi flat
Flats are overpriced, and as you said even Building built will to have Flat like attributes in long run.
But If you stay in apartment, after saying a long time, it will be cumbersome to rebuild the apartments with consent of so many stakeholders, as their financial conditions and warabouts may vary in that time period.
So I prefer Plots over Flats.
Also, atleast as you said collaboration can be done in case you need to liquidate that plot in when financial stress if required. But you can't do that in Flats. Moreover old flats are difficult to be sold as compared to new construction learnt from you only.
I will buy both....
Waqaf board ke bhare me bataye sir please
Upcoming affordable k baare me betae
अमित जी,
आपकी जानकारी के लिए, फ्लैट भी तीन तरफ से बंद ही होता है, केवल एक साइड ही (फ्रंट विंडो वाला) ही खुला मिलता है।
वो भी जब दो विंग के बीच में खुला या गैप होगा तो
# कॉमन अफोर्डेबल फ्लैट /बिल्डिंग की लाइफ सिर्फ १५ से २० साल की है, पुरानी बिल्डिंग,हमेशा कम कीमत ही मिल पाती है, नए के तुलना में
😅😅😅😅
Guruji. 💪🏼
resale value plot ki jayada hoti hai
Guruji 💪🏼🙏
Sir vadodara gujarat me flat me investment karna chahiye???? For 10 to 15 years
Vadodara flat rate is not increased in last decade..if u r staying in vadodara then ok.
Sir 🙏
Agar khud ka plot ho to sir g
Indore me bech rahe hai yeh 20* 50 or 20*60 ke bakwas plots. Wndar sara andhera aur light nahi aa rahi. Sheher aage chala gaya aur log piche chut gaye hai.
Miss calculation.
Need to study properly plot system.
दो साइड ओपन मिलती हो --कॉर्नर प्लाट हो तो ?
Then u are lucky
Startimg the example of cost of a land in specific area and generalize it is questionable. In most part of India cost of land is not that costly now. I will urge people to consider variohs aspect before you take decisions. I like your other words of wisdoms from your observation and high experience.
Current value of 1000Sqyds plot in dlf rohtak his own house is missing in his advice by gurujii from ggm 😂
Also in 200 sq yard plot you won't get park,pool, gym facilities. Plus parking will be a big issue.
If u will purchase a plot in a society... There are much chances that u will all of these too. For ex- alpha international city
You may if you buy a villa in a gated community but any such good unit will cause you 5Cr+ in todays market.
but you will get better returns when you sell it
@@VishalGupta-bz9gt May not be true in future. The way trend is going, in future housing would by default imply living in gated communities. Aggregating plot owners with small tickets to build a big land parcel for a gated community has many hurdles that could play against individual plots.
Mumbai has already seen it. Land became so costly there that it became impossible or senseless for the middle class to buy their own plots and therefore in Mumbai real estate, there is no concept of individual plots. Rest of Tier 1 cities in India are following the same trend.
Even in societies with RWA, very old apartments actually cost less than the land value of their UDS because there are many hinderances associated with redevelopment. In case of plots, even RWA isn't there in a locality. So even if in future a big builder wants to acquire plots to build an apartment complex, it will be an issue to convince all the land owners in a closed circuit.
I agree with this calculation
There is no cross ventilation today. Why live in Ac. We have to pay heavy electricity bills, become indebted to buy such a house and also spoil the environment by adding to global warming. Pl take up this matter of providing cross ventilation in each room to the authorities
hello ji
Reality of real estate
Do not agree with you
You are Right Sir. Flat is better than plot
Sir agree
😂
Mistaking
Sir Dehradun real estate pe video banaiye
Already made 2
@@SangoLifeSutras can you provide the link
baD FOR RECOMENDATION
Courtyard
Yaa to sir English channel alag se bana lijiye yaa to hindi ka prayog kijiye. Sab khichdi ban jaati hai thoda samjhne mein mushkil hoti hai
Return on investment of Rs. 50 Lakhs made for 20 years in Residential Land vs Residential Building(Practical Case study):-
1st scenario: Return on the investment done in residential Land:-
Suppose someone purchases a patch of good residential land for Rs. 50 Lakhs somewhere in Bhubaneswar. With a reasonable return of 13% per annum, the value of that land will become Rs. 5.76 Cr after 20 years.
If we adjust the future value of that land with a per annum inflation rate of 6.5%, then the present value of the “future value of that land” I,e 5.76 Cr is Rs. 1.63 Cr. That means purchasing power of 5.76 Cr after 20 years is equal to purchasing power of Rs. 1.63 Cr as of today.
[Note: 13% per annum return is the actual return calculated from the author's investment in land in Bhubaneswar 7 years back in 2015]
So after 20 years, you will get a net return of [(1.63Cr/0.50 Cr)*100]= 326% on your investment in land.
2nd scenario: Investment in a residential building:-
Suppose someone already has residential land on which he wants to construct a building or he wants to construct more floors on his existing building or he purchases a residential unit(flat) in any good apartment project in the city and the value of his total investment is Rs. 50.00 Lakhs and he gets a rental income of Rs. 20,000/- per month.
Rs. 20,000/- per month is invested at 6% per annum return for 20 years will give 0.92 Cr, with a total investment of 0.48 Cr.
If we adjust the future value of that return which is Rs. 0.92 Cr with a per annum inflation rate of 6.5%, then the present value of that amount is Rs. 0.26 Cr only. Considering the total lifespan of the building to be 60 years, after 20 years the building will be depreciated to (50 Lakhs/60)*40= 33 Lakhs(value as of present date) and Rs. 1.16 Cr(future value considering inflation to be 6.5%).
So the total value of the asset in the hand after 20 years will add up to 26 Lakhs(rental yield)+ 33 Lakhs (Buildings value)=59 Lakhs, which will give a 118 % return on investment.
[Note: 20,000/- per month rental income on 50 Lakhs construction is practically feasible in case of an individual building having accommodation for 2-3 tenant families in it. In the case of the apartment it may remain around 10,000/- only]
So from the above calculations, it is understandable that investing Rs. 50 Lakhs in residential land will give a 326% inflation-adjusted return while investing in residential buildings will give only a 118% inflation-adjusted return. If we will not adjust the return with inflation, then the total return will be 1152% in the case of Land and 416% in the case of Building. So Investing in Land will make your money 2.76 times more than the return you get by investing in a building within 20 years and with the increase in years the gap will increase multi-fold.
The above case is true for residential investment in residential lands and buildings only not for commercial lands and buildings. In the case of commercial buildings the per annum rental yield(rental income on total investment) is more than 2.5 times of rental yield of residential buildings in India.
In India rental yield I,e per annum rent you get is around 1.8% to 2% per annum of your total investment. That means if you purchase an apartment or purchase land and construct a building on it with a total expenditure of 1 Crore then you will get annual rent of Rs. 1.80 Lakhs to Rs. 2.00 Lakhs from it, which is not a wise investment. But this rental yield becomes 4% to 6% per annum on average, in the case of a commercial building. In the USA rental yield on residential property is around 6% per annum.
So the people who are constructing a house bigger than their actual family needs and generating rental income out of it are making an unwise investment.
In some cases, it is seen that people are working outside their home state and investing in apartment flats by taking huge loans, in my opinion, it's a financial blunder. By the time they will return to their home state after retirement (suppose 20-25 years), 60-70% of the life span of that residential unit will be gone by then. In this process, the tenants are getting the benefits of what the owners are losing.... yes money !!
Here I’m not talking that no one should build or purchase his/her residential unit, but one should build or purchase that much, of what is necessary for his/her family only.
Author:-
G S Dash
6.5% inflation??? And how could one get 13% yield on residential property?
Good analysis but you missed one thing 10 percent rise of rent in cities every year By this logic 20k rent will double in 7- 8 years
Now do the calculations
Kuch bhi Matlab is hisab se Mumbai ke saare building 33 lakh hoga agar wo 20 saal purana..saaare flats Mumbai mein saare flats 1 se 1.5 se start hai 😂
@@praveenalok2009 Considering the total lifespan of the building to be 60 years, after 20 years the building will be depreciated to (50 Lakhs/60)*40= 33 Lakhs(value as of present date) and Rs. 1.16 Cr(future value considering inflation to be 6.5%). Please read and try to understand again.
@@scriptkiddie6151 its not yield. its appreciation of value of the property, which is being considered as return on investment.