Why it is better to buy flats in SMALL STANDALONE buildings rather than BIG township projects
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- Опубліковано 27 тра 2024
- People often make the mistake of thinking that giant modern towers and townships are better than small standalone residential buildings. While it is true that giant towers and township projects have some attraction, the biggest downside is that by purchasing a flat in a giant project, you are unlikely to enjoy ownership of the land. Sometimes, in some circumstances, ownership of proportionate share of the land can be very important. Without such ownership, redevelopment cannot be done by your society.
------------------ VIDEO CONTENTS ------------------
0:00 New technology is making buildings and towers bigger, taller and wider
3:10 What is wrong with having bigger, taller residential towers? How does it cause a loss to you?
4:40 In a small building, you know all your neighbours, and you are the absolute owner of the flat, and tower, and appurtenant land or compound
8:00 Who owns the land that the residential tower is standing on?
9:30 What if builder refuses to give conveyance of your land plot to your cooperative housing society?
10:30 Getting conveyance is more difficult if there are more cooperative societies on undivided land plot
15:00 How will residents of Lodha Casa Rio get conveyance of the land?
17:00 Flat-buyer in Lodha palava City or Lodha Fiorenza gets a box-in-the-sky, without any rights on land plot
19:33 In a modern residential tower, flat-buyers get no rights on the land
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
krish.kkphoto@gmail.com
Twitter @Bravepedestrian
Mumbai - Розваги
Playback speed 1.5 or 1.75 is best for this video
Thank you very much 😀
i already watched in 2
Description is there
I played in 2x and fast forwarded 15 sec continuously. Lol
😂😂😂
I dont know why people are buying flats without watching your videos. They are actually making real estate purchases more difficult for themselves and for other people by not being aware. huge amount of appreciation and respect for every video you have shared.
exactly. I am currently binge watching all. Sooo informative.
Seriously
Such flats n Towers of township projects are just chawls of new era but with the absence of kind n friendly neighbours and neighbourhood ...
But in Chalws one can get timely help in crises atleast unlike so called Towers & township.
@@SANKETBENDBHAR Those were different times.
Great comment. Really liked it.
Loss of identity in these buildings ☹️
@@daredashy No identity nothing...fake lifestyle
Tall bulidings are not actually the sign of development. It is the sign of overburdened system.
Overpopulation
Well put.
Very well said
corruption
Tall building may or may not be a sign of development. But it's a sign that a lot of people want to live in that city and the city has lot of opportunities and jobs for the people to grow and earn.
Krish you are doing a great job man! I have burnt my fingers too (twice) and still trying to recover. Have lost almost 10 years of my life expecting stability by buying my own house instead of moving from place to place on rent. Now i am absorbing a lot of knowledge from you for my next move. Glad i stumbled over your video while looking for Palava and now i cant stop watching your videos. One thing i noticed though not one builder is unlike the other, they have been gladly exploiting us just like our politicians showing promises of a glorious future and our hero worship is leading millions of us to fall for them
we have a flat in a small standalone building but we know what problems we faced while selling the flat. No one was interested in our flat everyone wanted amenities this that. We had to answer about the maintainance because the society had only 11 members and due to lack of funds the building is in a bad condition. One is totally helpless anyway if he buys a new flat or buys in a standalone.
I get your point of view unfortunately people want to create impression that stand alone projects are better but they never understand that selling the flat later becomes so difficult.
The podcast should have highlighted both aspects rather than running down one against another.
@@rinku99243 its nothing of that kind. Nobody is forcing you to buy a stand-alone building flat. Its not easy to get such flats because maintenance is reasonable and people dont want to sell... Middle-class find it difficult to pay mounting maintenance bills after a few years
Small buildings come with their own problems
People don't buy flats in big name buildings for amenities it's just that there won't be an absolute dickhead who is elected as president and doesn't do shit for the building and disagreeing with him means making your own stay miserable
With big builders this can be avoided coz the company takes care of all repairs and stuff without pissing people off and not picking up their calls
You never own an apartment. You always pay small rent in the form of maintenance
True..buying house is not gud idea.
If you don't own let me occupy it..kindly move out coz I own it 🤣🤣
Very much true
Maintenance is as high as rents of standalone buildings
Exactly, by the time your loan will complete the remaining building life will not be more than 20-30 years. Its not like humesa humesa ke liye, your children will again have to buy a flat in their lifetime. So its better to buy an independent plot and build your home.
Flat owner (carpet area) - Self
Building owner - society
Land of building - Builder
Land ownership checking
Conveyance of land checking.
Avoide in Township flats
Maximum floor must be 5 floor.
Why only 5 floors
he is right, township is nothing but gimmicky thing, 1-2 yrs later every1 loses interest in using the amenities provided but still have to pay for the maintenance charges of the same
Correct. Just like swimming pool, after few years they get dejected and become hub of mosquitoes.
Very true
No..in our complex..the amenities are still being used the same way they were used in the beginning..this is not always true for all the societies
Not true
@@creativespace_positivevibe7753 how old is your Society?
People want to live in luxury apts and gated communities hence builders are providing them with all facilities. If you can afford buy it. Otherwise there is no question happily buy in standalone buildings.
You are buying a “box in the sky” is actually a great analogy. Most societies don’t even bother with conveyance , sad reality
Pehli baat 1000 sqft ke liye main 20 crore kya 1 crore bhi na doo mumbai jaisi poor infrastructure based city mein . I am a South Mumbai resident and I know the shit hole mumbai has become . Great video and many more disadvantages could be listed down on these huge towers
@@ngoswami9250 absolutely true on the basis of the most usual quote " life mein ek apna ghar to chahiye "
I shared your view with my wife where we contradicted each other on same point but fortunately I bought a flat in a standalone building. When I visited my friends place last year where they just moved in 2 years back in a township project with big name we found they were very unhappy. We saw apartment interior already falling off and they shared they will have to renovate again in just 2-3 years of moving in. It was god’s blessing I took right decision 10 years back.
You buy a box in the sky 😂
A box made of bricks and cement or even cardboards
Gypsum/cardboard box.
Recently we purchased a flat in small society of 2 building with very basic amenities. Preferably we didn't want in any big township
👍
Please tell me where I want to buy for my father and mother please 🙏🙏🙏I am doing a private job please
@@Motivationwithsandeeppandey remember my golden words, this may help you and many out there. BUY ONLY FINISHED FLATS... do NOT give any token money to any shit brokers or builders after looking at their boucher, pamphlet etc filth advertisements. before the flat is even constructed. delivery after 1,2,3,4 etc etc years no no....
@@Reddylion very true. Don't give money for anything you cant touch and see. Else consider it as gone with the wind and debt for life time fir nothing.
@@rkt81 exactly...
Thank you for providing the valuable information!
I live in standalone two floors government build home my house from childhood...I would prefer my standalone home over free residential flats of 10 bhk...living in good small space is far far better than modern flats...come and see my home.
10 BHK? For free? Still, small is better :)
Fantastic Video!! Pure gold information. You genuinely deserve to be awarded by average citizens some recognition. One day you surely will! More power to you sir!
Thanks Khris. Doing great work. Expecting more videos on awareness on real estate's reality.
Doing a great job educating masses, hope govt makes builder transfer land ownership
Completely agree! Hope more people watch your videos!
Thanks for spreading awareness.
Very good explanation about the disadvantages of buying a flat in a multi buildings in a single complex and the most important drawback in getting conveyance for the land of that multi building structure. As you said rightly getting conveyance for this buildings are beyond our reach, as chs's members are least bothered about the well being of the society, which in turn is exploited by the developers. Tks very much for sharing.
I was always against the Tower of more then 20 floor but u have clear my view. U hv explained me very clearly for that thank you so much
nice info , clearing myths , because common man always thinks "More Bigger the better ", change the thinking. thanks for spreading wisdom sir
Hopes
Thanks alot for taking out your valuable time, being so brave making people aware for frauds around them
😇🙏🏻🙏🏻
This is a very good channel for gaining knowledge . Thank u mr rao . I wud request you to take on all topics of real estate and make videos . Very few people talk of all insights . Ur views wud be helpful for all
Amazing content. You are doing a great social service Sir. I think anyone wishing to purchase a flat should watch this.
Sir you are absolutely right. Many persons including legal persons may not have thought about it👏👏👏👏
great thanks for giving such great knowledge to new buyers and making them not feel cheated
I booked standalone and has security, water supply, cameras, near to bus and main road, power backup, parking small back up place and great news is that i have a 60 sq yds UDS. check these parameters and bet you will be happy and of course BUILDING APPROVALS LIKE RERA HMDA AND ALL....
Where is it? Is it in Bombay? Thanks for such first class information .
I very much Appreciate your Efforts.People invest their hard earned money in to buy flat most of them are unaware of prevailing laws an regulations and most importantly there are many laws and regulations in force for a single propert which makes the matter even more worse.
Overall a very informative vlog.
thankyou for spreading awareness
It is best to live in a standalone building that is more intimate and you know all your neighbors. Instead of paying a clubhouse lifetime membership ranging from 2-5 lakhs, go and buy a membership to your local area club where you will get many more amenities, better facilities, food, people network etc. Also, since it would be a club forever, maintenance would be great!
Vineel makineni standalone building means builder floor
@@prabhauniyal1959 what is the meaning of what you said??
@@user-bo1cr2vr4b iam also asking
@@prabhauniyal1959
Any small independent building, not part of any township project, is your standalone building.
@@gulamansari7630 that can b also builder floor
Doing a noble job of protecting interest of common man Sir. Please keep it up.
You helped me with lot of useful information. Thank you so much.
Excellent analysis/comments. I agree with you maintainence point of view & ease of living in small buildings rather then tall buildings.
Thanks for the video ❤️🙏🏻👍🏻
Very valuable information and awareness creation particularly for the generation dreaming on town ships and massive housing complexes. Very nice explanation. Tnx sir.
I don't think this analysis is practical. Standalone apartments are built in the entire area of land. Gated communities will leave at least 60-80% of the area free(for amenities). So final UDS(Undivided share of the land) is almost equal(in some cases I saw gated communities are giving more UDS than standalone). Standalone apartments don't leave any border area. If another standalone building or other construction happened beside our apartment, you won't get any lighting or fresh air. I saw in many cases standalone apartment people are suffering because of ventilation issues. Another big advantage with gated communities is we can leave our children for playing without any security or vehicle tensions. (Like in villages we leave children free to play on roads). This is not possible with standalone apartments. Though its costs 15 to 20 lakhs more, there are definitely many advantages with gated communities over standalone.)
Yes I agree. Sometimes even with small societies, it is sometimes difficult to get repairs or redevelopment done. This has happened in our society and now it is in broken down state, but everyone is still not agreeable on resale or redevelopment. Some people r not paying maintenance and it puts pressure on existing members.
@Mark Shuturmurk right. it has been 5 months home hunting this whole thing of highrise vs standalone is eating me up
@@redsetup9003 better migrate to first world ,
@@redsetup9003Did u finally decide
Thanks for such an important information.
Very useful information. Keep the good work
Maintenance costs is a scam.
The management spends almost nothing on maintenance but charges owners a huge amount for maintenance.
Thank u very much for your information. Extremely helpful
Hey dolly how are u
Very much agree to you. Since all of this projects started providing incomplete apartments now there more of a need for a professional home inspector. Many also have started in key cities like mumbai, delhi, Bangalore and pune
Absolutely correct so I have bought a flat in a small builder without podium type parking
Great news,information. Thanks
You are giving so much information in your videos.
Sir, Thank you for the eye-opening message !!!
Thanks for sharing 🙏
@11:38 I literally had to take off my earphones and look if some cat has entered my home.
Me too! haha
Your experience is a learning for millions. Actually people get trapped in these cases
Really appreciate.
I didn't know these thing👌thnx sir
Very good information. Thanks a lot
We need many more urban naxals like you sir! Now I realised why this became “Gaali” under this regime😜
I was surfing for a flat in Bangalore and your video popped up and I watched ... and straight away subscribed. Learnt lot from you sir!
Respect....🙏🙏🙏🙏🙏
urban naxal is not a problem
hypocrisy is
issue is that normal an urban naxal is leftist so they always find out loopholes only under bjp rule, but go blind on other political parties where as all the parties are corrupt and dishonest!
@@who-Am-I-Here stop this what aboutary 😡 Don’t be a fan of any political party or politician but try to be a good citizens.
When other parties were ruling everyone including media used to be anti establishment but that time supporters were not abusing or trolling but now only what aboutary and Al others are bad except ruling dispensation!!
Grow up before it’s too late😡
@@doctordids4079 exactly that's what i am saying!
dont be fan of any political party!
all the parties are thieves and thugs in nature!
and your perception about media being anti establishment is hilarious sire
in history, there has always been a certain percentage of media houses who have behaved as anti establishment and some as pro establishment
for example india news/ndtv/IBN Lokmat all are pro congress/leftist
republic tv/zee news/aj tak are few of pro bjp channels
you have to understand that media is a profession, not any philanthropic organisations who won't think about profits
so they have to support some parties
problem is congressi CHAMCHA won't believe that NDTV is pro congress
and bjp BHAKT will do the same for republic tv!
@@doctordids4079 and for your information if you go to any non bjp ruled state like maharastra or wb
i can show you at least 5-6 newspaper/tv channels in each of the states who are supporting the ruling party blindly(congress/sivsena in maharashtra, tmc in wb)
just like some of the national news channels are supporting the party in power, bjp!
so bottom line is all about power and money
EACH OF THE MEDIA HOUSE is MOUTHPIECE of a certain political party!
@@who-Am-I-Here absolutely! That’s why don’t be a fan of any politician but a good citizen!!
Every govt does the same but this central govt has crossed all limits in lying using media money and muscle…..
Above all can u imagine “ Beti bachao” budgeted 80% money spent only on advertisements 😡😡😡
Very useful tips. Thank you Sir!
I'll make a simple comment...."I learned alot" and subscribed right away.
Thanks for sharing such valuable inputs....Thanks a lot
Respect you sir , please continue making such videos this helps us lot,we get awareness.once again thank you for your time.
Awesome video sir, This is super helpful.
Loved this video. Please tell us more drawbacks of flats in high rise buildings. Structural problems, resale value. Etc..etc..
being lazy enough to not use sports amenities is no justification to say smaller buildings are better than large societies.
Where do kids go for safe play grounds ?
Yes , you have point , better to choose ( not a standalone and not 5000 flats city ) , go for 500 flat society or 200 flat society with ample space for kids to play and enjoy their childhood , ( with conveyance deed )
Also there is no walking space in small societies. If you live in Mumbai, there is basically no space to walk apart from constantly being scared of being run over. Even if you don’t use sports amenities, the least you require is some walking space.
Our small society of 32 flats has ample walking space as well as place for children to play in ANDHERI.
@@armourconsulting6648 which society and where in Andheri?
Very very intelligent discussion...❤️
Appreciated
Thanks a lot... great advice
Good points sir. Thanks for your guidance.
Thanks sir... Your information was eye opening. Keep doing such type of videos.
SIR YOU ARE RIGHT. THANK YOU FOR VALUABLE INFORMATION.
I live in a society which has two buildings with 8 Floors, 3 huge flats in every floor, there are many good things about the society, but the worst part is maintenance charges, it's the highest in nearby locality - Dwarka , Delhi. There is no club house or indoor games, just a very tiny portion where we can play badminton, at least in township or big societies your entire maintenance charges doesn't get wasted
Tons of respect to you sir, thank you for showing us the reality of the whole real estate market
Sir you have enlightened us on purchasing property. Thank you 🙏
Thank you for enlightening
I cannot agree more sir ... i want to personally thank you for saving me, my life, and my family's life ....
Good work ! We need more people like you vto crackdown on these big builders
Excellent guidance... In simple words keep up the good work 👍
Everyone will realise all wrong doings when one of their tower falls down god forbid. And am afraid media won't even report.
That has happened in Chennai a few years ago. When the tower was under construction, the earth caved in and a couple hundred workers died. It took several weeks for retrieving the bodies. And those who have invested by taking loans from banks virtually became beggars overnight. Court proceedings are still going on.
Very True sir
The consensus of the member on a certain point is a big hurdle.
I am on the verge along with Managing Committee to redevelop my Santacruz West off Juhu Tara Road Property coz of its dilapidated state and structural report says that that only to redevelop is to safe guard the lives of members and that after 3 years we would found one builder to getting this sorted.
But by only 56 members things get circling around so just imagine how much hurdle you will have to go thru 1000 members.
And yes we have VP and CEO and Doctors in our building even Anita Dongre used to live here so yeah theres no problem in the educational qualification of the members with BMW and Mercedes parking outside ...
But wen it comes consent it's a huge task.
So beware wen you dream that the facade and promannade as it will all fade away in 5 years and it will be as good as your tiny building next to corner.. wat will be the huge gap in difference of maintenance and peace of mind.
And that's why Suntech Goregoan phase 1, Kalpataru Primus Residences, Kanakia Paris, Raheja Interface Heights, Adani Western Heights ... All were promoted as coming of the age construction but now people are finding it difficult to rent and to sale due to mountainous maintenance and over pricing which 2x of local area.
Gully ka sher bano bro.. kyu chandi ke chamach se khane wala chuva chuva hi hota hai....
Thank you so much sir for your wonderful suggestion....hope to learn more from you before buying a flat...
Very nice information. Even i had same thoughts about high flats!
Very nice review, great 👍
This is something new for me ..very informative sir thank you .. though I don't live in apartment I would alert my friends to look into the same
You miss to say every building must have insurance to protect interest of all flat owner. To rebuild... Cost. Rent till building build.
incase of any thing wrong happen.
Learnt a lot from u. Keep doing the great job
Nice Useful information.
Awesome 😊👍👌 your the Dark Knight a cape crusader saving us from the clutches of future traps set by the builder💥
Krish but the problem is that Banks don't provide loan for old buildings. Flats are getting sold at 30-40 lakhs in normal building.
Super Video. Thanks for Educating Sir.
Superb sir, hats off to your work!
My heart skipped few beats. Like seriously, if someone put his all the life's savings in those projects and if something happened to these boxes then you are finished. You won't even get any loan based on such property.
You are great, sir.
So much to learn from you.
Good information sir.
Thank you very much.
Most valuable information 👌🏻👍🏻
SIR WE ARE WITH YOU 🙏🏻🙏🏻🙏🏻
Sir I am your big fan, you have great knowledge..and your video helps a lot..thank u for making such videos
great knowledge and awareness I have subscriberd you
to the point video !! he is got a point ... usually people look at these big projects with amenities and all , but its too complicated.
Great Info
Thankyou for the information in detail ❤️ 🙏 respect sir👍
Thanks a lot Krish jee . .for Very important and eye opening video . . I appreciate ur efforts . . Very nice sir 🙏Namashkar karto
Very good information....Thanks
Thank you sir for enlightening our knowledge 🙏