600 sq yards: Pros and Cons of giving it to Developers

[AreyOSamba]

@Andriod_Halwa Arrey intha telisinodivi Jagga topic raagalney pichi Paytm gaadi laaga aiyipotaav enti raa Dinesh. I looked at your financial posts replies and you are such a smartass man. 

[Assam_Bhayya]

2 hours ago, Kootami said:

Floor ki enni apartments cmg ?

naaku thelisinollu 600 yards lo floor ki 3 flats kattinar, one 3BHK(1350 sft) and two 2bhk(1100 sft) 

[sarfaroshi]

 

4 hours ago, ring_master said:

Where exactly bro near mallapur?

Enduku Bro Kabjaa Chestava

[idibezwada]

point 2 floors istada 3 floors istada ani kadu...Total anni floors kalipi enta SFT and neeku ena share ani....rental income kosam unchukunte bokke...better to sell your share and do FD or buy something else

[Assam_Bhayya]

10 hours ago, sarfaroshi said:

Area near to Mallapur

Rents: 10-15K for 2 Bhk

Developer offer: 3 Floors to them and 2 Floors to me.

What are the Pro's and Con's of that ?

2 floors for you ante hardly 9000 sft osthadi bhayya usual ga for a 600 stand along apt.

aa area lo Average 4000/- per sft sale chesinaa you'll get 3.6 Cr.

Compare the actual land value if you sell as it is now with 3.6 Cr after development done.

In any case better get total money in hand and invest somewhere. Apts value depreciate eventually. appudu land kuda mee chethulo unadhu, 60% owned by someone. You can't dismantle, or rebuild or even renovate chesina stand alone evvaru konaru after 5-10 years. inka 20 years ayithe marchipovadame.

Rents way lo calculate chesthe, for 2 floors you'll get 70 to 80k per month now anukundam, 10 yrs lo hardly you'll get 80 lakhs to 1 Cr. In that you end up paying property tax annually for each flat, plus repairs(electical, plumbing etc.,) and minimum furnishings from your side, sometimes flat stays vacant for few months etc., 

[krishnaaa]

10 hours ago, sarfaroshi said:

Area near to Mallapur

Rents: 10-15K for 2 Bhk

Developer offer: 3 Floors to them and 2 Floors to me.

What are the Pro's and Con's of that ?

10-15k ante you will be left with 5k due to maintenance and taxes and then apartment value will keep decreasing.

[bommali]

On 5/25/2023 at 3:09 AM, sarfaroshi said:

Area near to Mallapur

Rents: 10-15K for 2 Bhk

Developer offer: 3 Floors to them and 2 Floors to me.

What are the Pro's and Con's of that ?

Adhenti bro developer ki isthey rule is always 50 50 kadha, ala ela oppukonnav.