Re-sale value based on builder - Indian Real Estate Forum

itssundarji · 20-09-09

There is a big difference in price of an apartment in the same area, depending on the builder. For example difference between a builder like RAMS and Maruthi in same area is more than 1000 Rs/- per square feet

If you want to buy the house for yourself, it is good to buy from a reputed builder. My question is if you were to rent out or buy house for long term investment, does the return also vary based on the builder

In the same locality does a flat sell for more, if it is from a reputed builder 5 years down the line. Or is this decided primarily by price of ground

So if I pay 1000Rs more per square feet, I may end up getting only 200 Rs more per sqaure feet down the line comapred to cheaper builder

Please provide your thoughts with any specific examples or your experience. I don't have any specific area in mind, but see the price difference in areas like Madipakkam, Velachery, Nanganallur, Palavanthangal, Thoraipakkam, Perungudi etc

ks2071746 · 21-09-09

[quote=itssundarji;35870]There is a big difference in price of an apartment in the same area, depending on the builder. For example difference between a builder like RAMS and Maruthi in same area is more than 1000 Rs/- per square feet

If you want to buy the house for yourself, it is good to buy from a reputed builder. My question is if you were to rent out or buy house for long term investment, does the return also vary based on the builder

In the same locality does a flat sell for more, if it is from a reputed builder 5 years down the line. Or is this decided primarily by price of ground

So if I pay 1000Rs more per square feet, I may end up getting only 200 Rs more per sqaure feet down the line comapred to cheaper builder

Dear friend,

The resale value as also rental income also depends on the builder in the same area/locality. A good builder built project command better price and rent. Example is the case of Alacrity who is not operative now, but their projects command much better resale value and rental income.

blogger · 22-09-09

For resale of flats, I'm sure reputation of the builders matters; belief is that reputed builders will be quality concious to keep their reputation on.

Whereas for rentals I think what matters is the locality, features/plan, and ambience. Builder name may make a difference but not significantly for rental.

20-09-09	#1
itssundarji New Member Join Date: Sep 2009 Posts: 3 Thanks: 0 Thanked 0 Times in 0 Posts	Re-sale value based on builder There is a big difference in price of an apartment in the same area, depending on the builder. For example difference between a builder like RAMS and Maruthi in same area is more than 1000 Rs/- per square feet If you want to buy the house for yourself, it is good to buy from a reputed builder. My question is if you were to rent out or buy house for long term investment, does the return also vary based on the builder In the same locality does a flat sell for more, if it is from a reputed builder 5 years down the line. Or is this decided primarily by price of ground So if I pay 1000Rs more per square feet, I may end up getting only 200 Rs more per sqaure feet down the line comapred to cheaper builder Please provide your thoughts with any specific examples or your experience. I don't have any specific area in mind, but see the price difference in areas like Madipakkam, Velachery, Nanganallur, Palavanthangal, Thoraipakkam, Perungudi etc

Thread Tools	Search this Thread
Show Printable Version Email this Page	Search this Thread: Advanced Search

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Morgan Stanley ties up with Hyderabad-based Aparna gr.	mohan	Hyderabad	0	05-12-07 09:12 AM
DLF to acquire Singapore-based resorts & spa chain	Armaan	DLF	0	16-11-07 11:11 AM
Property valuation to be based on development plans	Sonia	General Real Estate Discussion	0	26-03-07 09:40 AM

21-09-09	#2
ks2071746 Senior Member Join Date: Nov 2008 Location: Tamilnadu Posts: 855 My Mood: Thanks: 1 Thanked 0 Times in 0 Posts	[quote=itssundarji;35870]There is a big difference in price of an apartment in the same area, depending on the builder. For example difference between a builder like RAMS and Maruthi in same area is more than 1000 Rs/- per square feet If you want to buy the house for yourself, it is good to buy from a reputed builder. My question is if you were to rent out or buy house for long term investment, does the return also vary based on the builder In the same locality does a flat sell for more, if it is from a reputed builder 5 years down the line. Or is this decided primarily by price of ground So if I pay 1000Rs more per square feet, I may end up getting only 200 Rs more per sqaure feet down the line comapred to cheaper builder Dear friend, The resale value as also rental income also depends on the builder in the same area/locality. A good builder built project command better price and rent. Example is the case of Alacrity who is not operative now, but their projects command much better resale value and rental income.

22-09-09	#3
blogger Member Join Date: Sep 2009 Posts: 89 Thanks: 0 Thanked 0 Times in 0 Posts	For resale of flats, I'm sure reputation of the builders matters; belief is that reputed builders will be quality concious to keep their reputation on. Whereas for rentals I think what matters is the locality, features/plan, and ambience. Builder name may make a difference but not significantly for rental.