hyderabad real estate experts - need some info

[Hydrockers]

11 minutes ago, DJBravo said:

bro offer geeffer ani janalu dagara munde teskuntaru. they don't have enuf budget to start the venture

this is very common in hyd now

venture start chesthunam ani chepii ipude konte land takuva offer ani tokka ni invest chepichkuntaru when they don't have investment

manam pette money toh vadu start chestadu it takes years

don't invest

Asalu building lu kadutado ledo.kuda telvadu kada

Pissukuntu kurchovatame inga

 

[DJBravo]

40 minutes ago, Hydrockers said:

Asalu building lu kadutado ledo.kuda telvadu kada

Pissukuntu kurchovatame inga

 

ya exactly vatiki permission kooda eyyaru

[sunnam]

8 hours ago, mirchi_bajji said:

enni floors bhayya? generally pedda venture aite block by block kattukuntu veltharu so as to rotate the money

design emi sesado teliyady. landlord quota lo oka 3 BHK padestha annadu agreement prakaram. so 150 yds register sesi pettadu. his initial plan was to block with 8 floors anukunta. 

[mirchi_bajji]

5 hours ago, Assam_Bhayya said:

special ga vendee/buyer per medha land registration cheyadam endi edo kotha vishayam annattu, apartments sale deed lo default ga undivided land share osthadhi kada, clearly mention chestharu, cheyali "undivided land share in sq yds and sq mts as well !!  lets say u r flat is 1800 sft, then undivided land share will be 200 sq yards for all the flat owners above and below each flat vertically. 

If in case neeku allot chesthunna specific flat/apartment unit kinda oche land neeku regisration chesthanu antunnadu ante adhi marketing jimmick, by default you'll get undivided land share/rights on that piece of land for your and all other flat owners above and below u r flat.

In case common area or vacant land mee peru registration chesthunu ani chepthunnadu ante its of no use, coz untill possession and before possession of flat the roads, park and common amenities area has to be registered and given away the HDMA or the corresponding local body like DTCP or panchayat or other municipality, then only you'll get possession and permission to occupy the flats.

Hm, flat ku proportionate land undivided share ani anyway sale deed lo mention chestharu cheyali, so dhani valla evariki tax benefit. asalu how is land share related to tax. .  elaa. . how!!! property medha home loan thesukunte be it villa or apartment you get tax exemption benefit, thats a different thing. . evadoo silly sulla marketing gimmick  play cheysthunnadu 😂 🤣

i feel that in allocating land between buyers early on , they are converting the venture into a joint development agreement. maybe to save on GST. any info on that? 

[perugu_vada]

investment kosam aithe dont buy apartment .. appreciation em undadhu .. and adding to that, incase bank loan kani theskunte .. rent ki isthe u hardly get 40-50% of loan amount that u will be paying..

bottom line is: buy apartment, if u or ur parents plan on living in it,, leda waste

[Assam_Bhayya]

2 hours ago, mirchi_bajji said:

i feel that in allocating land between buyers early on , they are converting the venture into a joint development agreement. maybe to save on GST. any info on that? 

How much land do they register on your name and who will bare that registration charges?

Lets say its 5 floor apartment design and the land extent proportionate to your flat is registered on your name, then there will be flats below and above your flat right. if its a 10 floor design then it will be 10 owners for the piece of land. And same case with your adjacent flats/owners in your floor right!! The common areas like parks, walkways, roads and public infra/amenities area has to be registered and given away to HMDA then only you'll get possession letter to occupy your flats. Then which land they'll register on your name?

GST is applicable if its a new flat still not completed or not yet obtained final possession letter at the time of registration.

For land registration there won't be any GST on the total land value.

I'm thinking may be who ever comes comes first, that is the early birds  will get some piece of land registered on their name so that they don't have to pay GST and then they'll build and handover the apartments and when it completes then no more registration of flat, and its like a builder builds an house/flat in your land and you saved GST finally. But what is the guarantee that he'll complete/build apartment, in which document you'll have that legal binding agreement/obligation? In case if its mentioned in the land registration document that the builder will build an house/flat then you'll have to pay GST for the total property value, if its not mentioned in the land registration document, then you'll have make another agreement like development agreement and register it in sub-register office, mere agreement on 50 Rs or 100Rs stamp paper is not secured for you.  

Even if the early birds get a piece of land registered on their name, what about the other flat owner who book later, they also have to get undivided land share equivalent to their flat area right? what about rights for them ?