I was contacted by dealer(A) based in Zirakpur about a 2BHK flat first floor in CHB 63 for net 60L.
He called me for visit.I was told by dealer A that party is ready.
On arriving at site, I was meeting dealer (B) who would show me a flat. The site is developed by private builder who denied him entry to site.
I was taken to dealer office in sec70. This could be dealer B or C (not sure).
There was no seller.
Dealer C tells 2nd floor is available at 30L premium. He do not have 1st floor.
He suggested I give him 50,000 as sai and he will get a first floor party in 24 hours or 50,000 is returned. He had no clue about installments CHB(ammout/duration/number/pay dates).
He told it is impossible to get seller on table before sai. So you pay for without knowing what you are paying for.
Another interesting facts by him
- there are huge number of dealers and small no of properties on sale. So seller and buyer end up contacting different dealers and a chain of dealers is required for every deal.
- the chd 63 prices rose up few weeks back because of news of removal of 5 year hold period required for executing CD by original allotted, now that this is stayed so the prices have come down again.
- you cannot get contract with allotee for mandatory condition of registry.
allotee may demand something based on market trend. He willtry to find a good natured allotee for me :) who will be less likely to cause problem
- all dealers are connected very closely. If you ask same property from 10 dealers, this will create assumption of 10 buyers in market and increased perception of increased demand and hence raise selling rate.
(this reminded me of my experience 5 years back at Nehru place while searching for not so popular router. I asked about the Linksys WRT54G router at few shops, the shopkeeper would call on phone and say no. The next shop I visited did the same. The caller on other side of phone told the shopkeeper to tell me that "the product is not available in Nehru place and even Delhi. This is fifth shop you are asking and do not waste more of your time.")
- the high speed lifts from top company are installed so floor no do not matter and to save money by accepting his 2nd floor flat.
- the price will be 1cr after a year and similiar to 51A flats.
He called me for visit.I was told by dealer A that party is ready.
On arriving at site, I was meeting dealer (B) who would show me a flat. The site is developed by private builder who denied him entry to site.
I was taken to dealer office in sec70. This could be dealer B or C (not sure).
There was no seller.
Dealer C tells 2nd floor is available at 30L premium. He do not have 1st floor.
He suggested I give him 50,000 as sai and he will get a first floor party in 24 hours or 50,000 is returned. He had no clue about installments CHB(ammout/duration/number/pay dates).
He told it is impossible to get seller on table before sai. So you pay for without knowing what you are paying for.
Another interesting facts by him
- there are huge number of dealers and small no of properties on sale. So seller and buyer end up contacting different dealers and a chain of dealers is required for every deal.
- the chd 63 prices rose up few weeks back because of news of removal of 5 year hold period required for executing CD by original allotted, now that this is stayed so the prices have come down again.
- you cannot get contract with allotee for mandatory condition of registry.
allotee may demand something based on market trend. He willtry to find a good natured allotee for me :) who will be less likely to cause problem
- all dealers are connected very closely. If you ask same property from 10 dealers, this will create assumption of 10 buyers in market and increased perception of increased demand and hence raise selling rate.
(this reminded me of my experience 5 years back at Nehru place while searching for not so popular router. I asked about the Linksys WRT54G router at few shops, the shopkeeper would call on phone and say no. The next shop I visited did the same. The caller on other side of phone told the shopkeeper to tell me that "the product is not available in Nehru place and even Delhi. This is fifth shop you are asking and do not waste more of your time.")
- the high speed lifts from top company are installed so floor no do not matter and to save money by accepting his 2nd floor flat.
- the price will be 1cr after a year and similiar to 51A flats.