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Plot in Ulwe, Navi Mumbai /Mumbai

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Plot in Ulwe, Navi Mumbai /Mumbai

Last updated: July 20 2017
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  • Plot in Ulwe, Navi Mumbai /Mumbai

    I got a call from agent that plot available 600 sft price did not disclose yet. But according to me it should be 50 lakhs. So is it a good deal? He told me we can construct 4 floor. Is it possible? Need advice.
    Thanks.
    Last edited July 20 2017, 01:11 PM.
  • #2

    #2

    Re : Plot in Ulwe, Navi Mumbai /Mumbai

    Originally posted by surya2089 View Post
    I got a call from agent that plot available 600 sft price did not disclose yet. But according to me it should be 50 lakhs. So is it a good deal? He told me we can construct 4 floor. Is it possible? Need advice.
    Thanks.
    Plot size 600 or 6000 Sq Ft? Considering it is NA plot, number of floors doesn't matter. What matters is allowed FSI. In case of plots, take these agents with bucket of salt. Price is immaterial till you have personally inspected the site and all legal documents.

    Last edited July 20 2017, 01:12 PM.

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    • #3

      #3

      Re : Plot in Ulwe, Navi Mumbai /Mumbai

      If agent is investing money ,then it is good otherwise plots sale are very lucrative and Cash's urplus builders are there for grabs

      it doesn't come in open market unless there is some fault in land or price quoted by owner is ridiculous
      ​​​​
      ​​​

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      • #4

        #4

        Re : Plot in Ulwe, Navi Mumbai /Mumbai

        Originally posted by KK0099 View Post

        Plot size 600 or 6000 Sq Ft? Considering it is NA plot, number of floors doesn't matter. What matters is allowed FSI. In case of plots, take these agents with bucket of salt. Price is immaterial till you have personally inspected the site and all legal documents.
        It's 600 sqft.
        Last edited July 20 2017, 01:13 PM.

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        • lukmuler
          lukmuler commented
          Editing a comment
          600 sqft Plot is very small. Do you mean by residential flat then 600 sqft is possible and correct. For Constructing 4floor residential building on a open plot, you need atleast above 5000sq ft Open area.
      • #5

        #5

        Re : Plot in Ulwe, Navi Mumbai /Mumbai

        Originally posted by surya2089 View Post
        I got a call from agent that plot available 600 sft price did not disclose yet. But according to me it should be 50 lakhs. So is it a good deal? He told me we can construct 4 floor. Is it possible? Need advice.
        Thanks.
        Even with 1.5 fsi, you can construct 900 built up, which is 1300 saleable which is worth 65-70 lakhs, minus the construction cost of 25 lakhs. So it cannot be more than 35-40 lakhs. All this considering it is in proper Ulwe and nearby residential apartment rates are in range of 5000-6000 psf.
        Last edited July 20 2017, 01:14 PM.

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