Sir In RTC layout is showing as BDA, People have constructed houses and living for years,,, Will BDA acquire developed layout in future? Almost 7 acres is showing as BDA
You would get 300 sqft more space to build house, also you can give enough set back, can plan 3 BHK in ground floor if required, you would have enough parking space etc
@@realitybiteskarnataka What is the government price per square foot? Based on that, how much development has been done on the layout to justify the price? Otherwise, it is a foolish or pocket-draining investment for sure.
@@juandase5929 Be practical sir, no developer will sell sites for govt price. Just assume you own a site in that neighborhood wherein market price is 5000/sqft would you sell it for 2000/sqft ?
@@realitybiteskarnataka That is right sir, today the land prices are over market valued. To judge a true value of property is to based on government value + plus development charges evenly. Today buying a land is only beneficial for in children (Is the current trend running generally).
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Sir In RTC layout is showing as BDA, People have constructed houses and living for years,,, Will BDA acquire developed layout in future? Almost 7 acres is showing as BDA
Yes, there are chances of re-aquisition by BDA, subject to certain conditions
@@realitybiteskarnataka sir please share me your number,, want more information about this issue
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@@Wazisking Thank you. 9980838929
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Sir, wt is the advantage of 30*50 over 30*40?
You would get 300 sqft more space to build house, also you can give enough set back, can plan 3 BHK in ground floor if required, you would have enough parking space etc
Price ?
5200/Sqft sir
@@realitybiteskarnataka What is the government price per square foot? Based on that, how much development has been done on the layout to justify the price? Otherwise, it is a foolish or pocket-draining investment for sure.
@@juandase5929 Be practical sir, no developer will sell sites for govt price. Just assume you own a site in that neighborhood wherein market price is 5000/sqft would you sell it for 2000/sqft ?
@@realitybiteskarnataka That is right sir, today the land prices are over market valued.
To judge a true value of property is to based on government value + plus development charges evenly.
Today buying a land is only beneficial for in children (Is the current trend running generally).
@@juandase5929 I totally agree that most of the developers over price sites upon which neither common man nor government does not have any control.