recently saw a location which we really liked and carpet is 1371sqft price is all inclusive of 2cr me and my wife have collective income of 52lpa i dont know whether we should by as we have 60lpa downpayment ready and possession is in 2027 end.
Thank you all for the comments we did the booking and taking all the calculated risk we can in order to make our first home reality.
Omgggg wow! What do you and your wife do?
Both in product based company i am a developer and she is poject manager/consultant
1.Is it apartment? 2.which location? 3.What if builder defaults?what will you do?
My suggestion look for a 1500-1800 sqft plot ,I think you will get under 1cr and construct lavish home in 1cr.
Yes first apartment.
Baner, pune.
builder is well reputed and chances of this is very low also we have seen peogress of the project on sight.
buying plot of that size itself will cost more than 2cr in this area.
I live in baner. The prices here shot up during covid. I purchased a 1200 sq ft carpet in 2019 for 1.1 Cr and now it's going in resale for 1.8 (neighbours, not mine).
You will find cheaper flats. And resale flats are also good in the area. I'm looking at 4/5bhk resale properties right now. They also have larger rooms and carpet area in general.
If you insist on new, then fo for it. Assuming it's something similar to 24K, the price is pretty standard. The 2027 completion though is too far away.
1.3-1.7 cr would be good range I think. So altho expensive, jf it’s first home or will be ur primary home for next 10+ years then worth it
Payment terms ?
Upfront 40% in about nect one and half months then 5% per slab
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