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Goonda
Megastar Username: Goonda
Post Number: 23203 Registered: 02-2007 Posted From: 199.82.243.102
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:31 pm: |
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Commonman:
nee dabbu tho neeku+ 3 others ki villa land kontunnadu and then building the villa with2 others money and pocketing 1 guys villa money.. 2c-4c antunnav.. nuvvu commonman endi saami.. musugulo guddulaata enduku kaani oppesuko  Sasibabu: If TDP loses next elechens, i will donate 10% of my salary to TDP Skywalker: Bala chiru type kadu.....narasimha swamy avataram etti posani gadi pegulu medalo esukuntadu |
   
Lolligadu
Comedian Username: Lolligadu
Post Number: 1490 Registered: 09-2012 Posted From: 50.117.61.195
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:20 pm: |
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King:Nowadays, builders are going into triparty agreement if they get their project approved by the bank so that they can raise loan upfront on buyers name
plot register chesthadanta annai. villa asalu picture lo koda undadu anukunta |
   
King
Side Hero Username: King
Post Number: 4575 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:20 pm: |
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Commonman:Will complete in 3 years.
5 years vesuko.. Ashton - I'm living an Amish lifestyle. so far so good. |
   
Commonman
Junior Artist Username: Commonman
Post Number: 75 Registered: 05-2012 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:20 pm: |
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King:what happens if he cannot deliver over the stipulated timeframe?
asked same question. He would be more interested to complete it on time as we own the land where he will build 3 villas. Even if he goes bankrupt, we will still be safe as we own the land worth the money. But if you go for 2C villa then u still have to pay 30-40l down. And no collateral apart from sale agreement. IF he goes bankrupt then u can't do anything with that agreement |
   
Commonman
Junior Artist Username: Commonman
Post Number: 74 Registered: 05-2012 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:17 pm: |
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Lolligadu:1. builder 1 year lo katti ichesthadani nammakam enti - It will take 3 years. Ph1 which is sold out will complete in 1 year. 2. oka venture complete chesinavadu next venture ki capital lekapovatam leda ammalekapovatam enti? Same doubt. But they say multiple projects in pipeline so looking for liquid cash. 3. 1.4c antha liquid money etta isthav annai plot meda dani worth teliyakunda. - 1 acre 4-5C range lo vundi area lo. So manaku iche 1200 sqy land cost easy gaa 1.3-1.4 range vuntundi. 4. loan koda radu, motham nee ocket lonchey ettukovali - yes, no loan. need to pay from pocket
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King
Side Hero Username: King
Post Number: 4573 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:17 pm: |
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Lolligadu:4. loan koda radu, motham nee ocket lonchey ettukovali.
Nowadays, builders are going into triparty agreement if they get their project approved by the bank so that they can raise loan upfront on buyers name. Ashton - I'm living an Amish lifestyle. so far so good. |
   
King
Side Hero Username: King
Post Number: 4572 Registered: 08-2008 Posted From: 208.185.201.194
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:15 pm: |
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Commonman:Pros: U will get 2c+ worth villa for 1.4c Not risky IMO as u will have 1200 sqy land in your hand which is worth more or less 1.4c. When u book 2C villa, u will have to put in 30-40l down anyway but don't own any land or any other collateral. Cons: u need to pay entire amount upfront wt do u guys think?
Ver common.. Those people are not doing a ny favour.. They need capital for construction and instaed of borrowing from banks with more interest, they collect money upfront and use it for construction, roads etc. Key is time frame. Can he deliver the project as promised and what happens if he cannot deliver over the stipulated timeframe? Ashton - I'm living an Amish lifestyle. so far so good. |
   
Lolligadu
Comedian Username: Lolligadu
Post Number: 1489 Registered: 09-2012 Posted From: 50.117.61.195
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:13 pm: |
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antha crores lo mattaduthu nuvvu commonman endi annai? ee deal lo konni anumanalu unnayi. 1. builder 1 year lo katti ichesthadani nammakam enti 2. oka venture complete chesinavadu next venture ki capital lekapovatam leda ammalekapovatam enti? 3. 1.4c antha liquid money etta isthav annai plot meda dani worth teliyakunda. 4. loan koda radu, motham nee ocket lonchey ettukovali. |
   
Commonman
Junior Artist Username: Commonman
Post Number: 73 Registered: 05-2012 Posted From: 98.221.83.18
Rating: N/A Votes: 0 (Vote!) | | Posted on Tuesday, March 12, 2013 - 01:05 pm: |
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One of the reputed builder starting phase 2 of a very popular villa venture near Gachibowli/Kokapet. All the villas in the first phase are already sold out. Will be ready in 1 year. 350 sqy villa for 2C, 450 sqy villa for 2.8-3C ki sold out. New phase 2 lo 350 sqy villa will start at around 2.1/2.2 C. It will be launched in 6-8 months. Will complete in 3 years. Now, here is the deal: Land owners share route lo velthe u can 350 sqy villa for 1.4c instead of 2.1/2.2c after launch. How it works? - U pay 1.4C upfront (in 2 parts) to the land owner. U will get 1200 sqy land registered on your name. on the same day execute a development contract with builder to give this 1200 sqy land for 1 villa in return. Pros: U will get 2c+ worth villa for 1.4c Not risky IMO as u will have 1200 sqy land in your hand which is worth more or less 1.4c. When u book 2C villa, u will have to put in 30-40l down anyway but don't own any land or any other collateral. Cons: u need to pay entire amount upfront wt do u guys think? |