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Unused FSI - Should I pay a premium?

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Unused FSI - Should I pay a premium?

Last updated: February 27 2013
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  • Unused FSI - Should I pay a premium?

    I am looking at a property in a building

    - Which does not have conveyance.
    - about 20 years old.
    - Very well maintained building.
    - The building is built on 1 FSI.

    - No chance of redevelopment for next 5-10 years.

    The price is about for a 1BHK 10L higher than what I can find in a new building in the area (but that would have been built on 2 FSI). I have negotiated as much as I could but this is where it has come.

    Any suggestions?
  • #2

    #2

    Re : Unused FSI - Should I pay a premium?

    How big is the plot ?

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    • #3

      #3

      Re : Unused FSI - Should I pay a premium?

      About 30,000sq ft mix of commercial and residential

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