How to Negotiate Flat Price with Builder | House Negotiation Tactics

Negotiating house price with builder can be very tricky for a first time home buyer. In this video, I have shared how to negotiate flat price with builder, how to use flat cost sheet to get maximum discounts, how to use flat valuation to quote offer price and how to take help from real estate broker to get best deal on flat from builder. I have also shared few home buying negotiation tactics to help home buyers get best deal from builders.
This video Includes
Flat Price to Negotiate on :
A flat price comprises of agreement value also know as sale consideration or consideration value and other charges. Ideally, a home buyer must negotiate on agreement value as stamp duty and registration charges are calculated on the agreement value and getting discount on agreement value will result into additional savings of 6-7% on the discounted value. In case of an under construction flat, GST is charged at 5% on agreement value and 18% on other charges. So getting discount on agreement value will result into additional savings in GST value.
Home Buying Negotiation Tactics :
While negotiating home buyers must start by negotiating price for a non PLC unit and once they have received maximum discount on the base price they should discuss PLC charges and try to get discount on them.
Things to consider in property deal
1. Show genuine intent to buy the property by giving a cheque to negotiate best deal
2. Do not adjust free modular kitchen and wardrobes value in discount as building them on your own will be expensive and time consuming
3. Calculate the fair market value of the flat before going into negotiation process
4. Know what type of broker you are dealing with and take his help to get maximum discounts
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About This Channel
Objective of this channel is to help young Indian know the unknown about buying a property in India
My mission is to educate young Indians about property buying process, starting from
1. How to find & buy your first house
2. How to invest in Indian real estate and make passive income
3. How to create wealth from real estate
4. Learnings for property buyers from real estate case studies
Who Am I?
A Realtor, Entrepreneur, Investor & Educator
I have worked with top developers of the country, have been an entrepreneur into Proptech space & a real estate investor for last 14 years
I want to share what I have learned to help you make a better informed decision based on awareness
You can reach me
Email: [e-mail]
Whats app no: 9625111400
#flatpricenegotiation #howtonegotiatewithbuilder #negotiatehouseprice #homenegotiationtactics

[@hirbhadrasinhjadeja3100]

Very good Explaination Sir. 👍👍👍

[@akashsolanki5455]

Excellent information sir

[@vikas7balani]

Awesome thank-you brother!

[@rohitchoudhury1]

Fantastic brother...

[@user-sn8ik7gi6i]

Excellent advice. Need your advice on OC and how to take care of buyers interest when builders force to make payments prior getting OC.

[@skybaba75]

Best video ❤

[@namratagupta8819]

1. Please make video on how to research about the developers/builders 2. In BLR/HYD/BOM, there are some prime builders like Prestige, Sobha, Assetz, ASBL, Hiranandani etc etc, but who are the prime builders in Delhi NCR for high rise soceities?

[@mumbai1435]

👌

[@Exmuslimm....]

❤

[@deepakbajaj537]

👌👍

[@AmitGupta-ht1dp]

Sir, ek low rise builder flat hai jo parking area k last me hai wo v single flat hai. Kya wo lena chahiye ya nai?

[@JyotiBankar-qz4ux]

Agreement value mai ... Development charges and society charge add hota hai kya... Sir ..

[@user-xd3xe5jk2w]

Question : What if, I don't want to go with the final deal offered by sales manager after giving my cheque? What happens to the cheque amount?

[@karanmadan1048]

One few flats are left with less preference from buyers,it(flats) automatically get negotiated.

[@Harry-_Potter]

Delhi me 165sq yard kitte ka mil sakta hai in radius of 10km from centre of Delhi Any 19 area u can suggest except areas like shastri nagar 😅

[@Sharma10910]

3:39

[@neerajagarwal836]

Who owns the land in a society as flats are sold but not the land

[@theanonymous111]

Everybody owns it proportionately...

[@anshtrading3992]

​@@theanonymous111you are wrong.... The land belongs to the builder and not to flat owners

[@amazingchannel726]

@neerajagarwal836 It's called UDS undivided share, which means the person who buys the flat owns a percentage of the land as UDS, for example if you buy 1200sqft apt, you might own anywhere between 300 to 500sqft of UDS the land

[@pratulbhatt7855]

Sir very good I need your guidline sir I have 2 property Now i am planing to buy 3 rd property but less income How can i buy

[@chintu201]

What if the(MNC) land is on lease??

[@SAM-sn7fp]

Thanks for always making useful videos. Keep going. In Ghaziabad, there are 3+ study flats (around 1900sqft) in a fully developed township & the price is around 70-75lacs, 10 minutes drive from Noida & Indirapuram, 20 minutes drive from Delhi. Is there any good society in Gurgaon where we can expect the same size flat under 1cr ? Please guide.

[@smitasahaganguly5319]

I ve a 3bhk flat 7th floor in Ramprastha city,Gurgaon. Want to sell it.what sell price can be expected.semi furnished + cover covered garage .HIG society

[@smitasahaganguly5319]

1285sq ft.

[@DrArnabSahoo]

Which project are you talking about?

[@sarabeebee2835]

Forget all, pataudi is a lifetime opportunity, Genuine buyers must know that international airport terminal 3 will be less than 25/30 minutes seamless drive and so will be Huda city centre/ cyber hub Via Dwarka Expressway/Clover leaf. Further Central Haryana, Hisar Jind even Panchkula, Malwa south Punjab etc. will also save driving time immensely once Bahadurgarh spur joins the UER 2/Dwarka Expressway in a matter of few more months🙏

[@sarabeebee2835]

Around 50000/sq yard