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Old 28-02-10   #1
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Default second hand flat in Sterling towers, Urapakkam.

Hi,

I am planning to buy a second hand flat in Sterling towers, Urapakkam.

Area: 610 sq. ft.
Age of property : 1.5 years old
The buyer quotes 2121 rs/per ft.
total cost: 13 lakh.



I feel the price is too much.
what is the reasonable price?


Thanks,
Surya
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Old 02-03-10   #2
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Default Visit the flat before buy

Take a look before you buy second hand flats. Because in some flat their was rain water sepage inside the home also verandah area and looks ugly.
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Old 08-03-10   #3
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Quote:
Originally Posted by suryaprakashv73 View Post
Hi,

I am planning to buy a second hand flat in Sterling towers, Urapakkam.

Area: 610 sq. ft.
Age of property : 1.5 years old
The buyer quotes 2121 rs/per ft.
total cost: 13 lakh.



I feel the price is too much.
what is the reasonable price?


Thanks,
Surya
I will sell you land in Urapakkam, 1km from Railway station, developed place. 1800sqft for say 30L. You can build 4 flats of 610sqft each in this land even at an FSI of just 1.35 (sterling will use FSI of 3!). So each flat will need 30L/4 for land plus another 6.2L for construction, which will total 13.7L. So second hand flat for 15L looks interesting.
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