Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - Path-breaking housing policy

prasoon · 02-11-06

I couldn't stop myself from posting here friends....

This policy is definitely a bold initiative by the govt. The builders in all these years have been extracting money from the buyers for all the super-built up and built-up area as and when we buy our house or apartment. But what we get as our own possesion is the carpet area.

Take my instance...

I bought a 1200 sq.ft apartment in Andheri last year for Rs.4900/sq.ft.
But what I got to live is actually 750sq.ft i.e. the carpet area.

I paid approximately 59 lacs for 1200sq.ft, but by the new housing policy; which would only include the carpet area, I would have paid only for 750 sqft i.e 37 lacs approx.

I hope the calculation says it all.....
Its now for the people to decide

02-11-06	#3
prasoon New Member Join Date: Nov 2006 Posts: 16 Thanks: 0 Thanked 0 Times in 0 Posts	let the people decide.... I couldn't stop myself from posting here friends.... This policy is definitely a bold initiative by the govt. The builders in all these years have been extracting money from the buyers for all the super-built up and built-up area as and when we buy our house or apartment. But what we get as our own possesion is the carpet area. Take my instance... I bought a 1200 sq.ft apartment in Andheri last year for Rs.4900/sq.ft. But what I got to live is actually 750sq.ft i.e. the carpet area. I paid approximately 59 lacs for 1200sq.ft, but by the new housing policy; which would only include the carpet area, I would have paid only for 750 sqft i.e 37 lacs approx. I hope the calculation says it all..... Its now for the people to decide