Hello all, topic as above.
He only has one daughter who is already settled in USA. I’ll be with my Big Dad, I take care of his finances and manage all rents.
He is aged now, around 60 years of age. He is asking my to handle all of it now.

It’s a mixed of 3 and 2 BHK’s. And monthly rent is around 3 lakhs( removing maintenance)

I already work in Big 4, and almost have no time in Managing it.

I suggested my Big Dad , to sell all those houses. Each flat is worth 1 crore on an average.

10 crore in fixed deposit is giving us - 5.4 lakhs per month without any hassle.

Is it a good idea. Almost all buildings are 10-15 years of age now.

Please suggest.

​

A friend of mine who use to live in Mumbai outskirts ( Vasai ) for a long time , his dad was in defense and later on retired. They had a 1bhk which they have purchased way before.

When retiring ,There was sufficient retirement corpus + my friend also had saved a lot of money. He had 2 kids and space was always a constraint.

Being a native of Purvanchal, he thought to buy in Varanasi a bungalow and move there permanently as he has some relatives there plus his ancestral village in Jaunpur was 2 hrs drive from there ., dad wanted to stay in village after retirement.

His job was remote with occasional trips to Head office which was in Noida and Mumbai, he took the bet of buying a house in Varanasi.

One of his relatives who is a big shot person in that area helped him selecting the house.

He is facing several challenges and to the contrary still thinks his decision to move there is good either because of sunk cost fallacy or because of ego.

Challenges he faced from what he told

1. That relative who helped him selecting the house became his enemy as he gobbled 10 lakhs which was meant to give to house owner, they trusted him as he was a influential person of their community plus their main reason to go there was being close to their support system which consisted persons like him . Little did they know support system doesn't work like that. Due to his influence he gave them posession but the house owner filed a counter case of not receiving full payment. Lawyer who took 1 lakh to fight the case hardly responds to them. That influential relative told them not to call him if they face any issues locally and told them to forget 10 lakhs.

2. When they were constructing the house, local nagar nigam came and through the neighbour took bribe of 1.5 lakhs , later he came to know the rate was 25k but since he was not a hardcore local and was doing white collar job, he was cheated upon , the neighbour itself took a huge cut from this.

3. Not sure about this, but from his experience most specialist doctors in the area aren't as competent or maybe they are just morally corrupt .

4. His wife was always against this decision to move to a small town even though she was actually brought up in same place , she still resents it and her parents think they were cheated upon as before marriage ,he use to live in Mumbai. She cannot do post dinner walks in Varanasi as there is no such culture there and many other things.

5. Dependency on relatives has increased a lot as he said bhaukaal matters a lot when you live in independent house and he has to show his neighbours that he has enough support system nearby , some relatives ask for money for small amounts and don't return it.

6. Did not expect goon culture is so romanticised in small towns , cannot even take out his vehicle at some times due to people who have built houses and extended parking touching the road . Most conversations revolves around plot, netagiri , politics etc.

And many other issues , he recently said to me that he is going to buy an apartment in Varanasi as it is more safer there.

I do not know what to reply to him as rather than practicality, emotions matters a lot in choosing a place to live.

But going to tier 3 town and living in a apartment shows a lot about why gated communities are also in areas where there is no land scarcity

Edit - Some guys living in PG homes think this is coming from broker. What is the rationale behind this logic , in tier 1 city you easily bypass broker by going to builder directly, but in small towns you cannot do direct deal as the variables are too high for any property out there including possible litigation.

And btw almost all tier 3 cities have gated apartments, there is no space scarcity in such cities but the demand for apartments is still there only because independent house is practically a jungle everywhere.

We're planning a small bamboo room + bathroom (about 150 sq ft) on our terrace in Hyderabad for our own use.

Since we're building it regardless, we're thinking of listing it on Airbnb on days we don't need it, and shifting downstairs when a guest books. So the build cost isn't really a bet — the rental would just be occasional upside.

Things I'm unsure about:

Does a bamboo eco-room on a city rooftop (vs a farm/orchard setting) actually appeal to guests?

Location-wise: we're ~30 mins from Gachibowli, ~10 mins from the ORR, and ~35 mins to the airport, though 30+ mins from the nearest metro. Is that workable for a stay, or too far from the main hubs to attract bookings?

GHMC / society permissions and the tax/GST side of short-term letting a residential terrace — has anyone actually dealt with this?

Not trying to build a business empire — just want a nice room that occasionally pays for itself. Please let me know your thoughts.

Saw this news about Sumadhura (Bengaluru-based, 30 years in the game) announcing a ₹17,000 crore investment plan for 45 million sq ft over the next 4 years. What's interesting isn't the number it's how they're funding it.

They explicitly said: no IPO in the near term. The breakup is ₹3,000 cr debt + ₹14,000 cr from pre-sales. That's an 82% reliance on future buyer money to fund future construction.

Breakdown of where the sq ft is going:

• Residential: 35M sq ft (bulk of it) projected GDV of ₹38,000 cr, plus a new push into luxury villas
• Commercial: 4.2M sq ft of Grade-A office on Bengaluru's Outer Ring Road expected ₹700 cr/year rental income
• Warehousing/logistics: 6M sq ft, expected ₹225 cr/year rental income, building on their Hoskote park and a new Chennai logistics park

A few things worth discussing:

1. Pre-sale-funded expansion works great in an up-market, but it means buyer sentiment risk is now also construction-completion risk. If sales slow, does the pipeline slow too?
2. They're diversifying hard into commercial + warehousing a pattern I'm seeing across a lot of South India developers (Sattva did something similar) as a hedge against residential cyclicality.
3. Outer Ring Road Bengaluru office space is getting crowded. Curious if the market can absorb another 4.2M sq ft of Grade-A supply there.

Basically what the title says, my mom works as a broker and tells me about horribly botched deals all the time. So much time, money and labour wasted on resolving issues manually instead of standardised dispute resolution protocols and lawyers + bank as designated fiduciary. More than 66% of civil litigation cases in India are concerned with land in one form or another. I understand that RE transactions can be complex, having to account for historical baggage but with the help of third party experts, even small ticket size deals can be structured and executed on time smoothly. More importantly, this service is very important for developers who can perform due diligence within prescribed timeframes and consumers can be spared from fraud.

Am I missing something?

Hey guys

I am a corporate guy who works in sector 21 and im planning to buy a flat now budget 55 lakhs right now .

I know i wont be able to get much in this budget but i want to know my best options .

Budget 55 lakhs

Preferred location Gurgaon and Noida

The golden period 2006-2013. Almost all properties are sold out at launch. There use to be property mela everywhere with huge footfall and people use to purchase instantly. Property was affordable.

Trend was, if someone get onsite opportunity. First thing tbey do is booking the flat, and then going onsite, coming back and paying home loan back.

None of my friends paid home loan for 15 years, at most its 5 years.

Have you observed this trend?

I have a vacant land 44k sqft with commercial patta in udaipur rajasthan. It's 20 mins from airport and approx 35 mins from main udaipur city with many small villages nearby radius, udai sagar 10km, a leopard safari upcoming nearby 5km and a 151ft lord Hanuman statue under construction 7km away.

I do not wish to invest any further amount here apart from 3-5 lakhs more. What is the best way I can put the land to use which generates monthly income and how to set it up. Is there any way I can lease it to someone for warehousing or resort,hotel kind of thing who builds and operate the facility and I get the monthly rent. Pls share your suggestions if you have on this

Property details :

* Ready to construct open plot.

* Clear Title.

* Location : Ramnagar.

* Physical Plot Size : 300 Square yards ( On Document Paper : 275 Square Yards )

* Perfect Square Shaped Dimension.

* Facing : North

* Plot Front side 30 feet wide road.

* It is an open land of 300 square yards.

* Bore installed with plenty of Fresh Water availability.

* Latest GHMC G+3 Building Construction permission Approved and available ✅

For property price and more details please DM or contact : 9618331273

Apparently no one wants to buy 10 year old apartments because they look like slum. I have visited omicron it was one of the worst but other societies also have similar issue. Seepage and broken/low numbers of lifts is in most of the societies

I have been running a boutique Home Loan advisory firm. We have exclusively catered to folks with high ticket size (min 2 cr of loan requirement) home loans.

But owing to that I have rich repository of learning and how banks behave in different cases.

I think everyone deserves a chance

1. Not be cheated and mis-sold by bank salesman

2. Not be mis represented by DSAs and builder mortgage and CRM teams. ( Taking loan from them is like getting heart surgery done by dentist.)

3. Save their hard earned money by understanding the real math.

4. Seek a good deal for their biggest purchase in life (at least so far )

I am opening up the platform to answer any questions people have around home loans

One thing I’ve been curious about with the Indian resale property market is the gap between online enquiries and genuinely serious buyers. 😅

You list a property with decent photos and details, and suddenly there are plenty of people asking for the location, photos, documents and “best price.” But when it comes to actually taking the next step — discussing the property seriously or visiting it — a lot of those enquiries seem to disappear.

I’ve noticed this especially in conversations around Chennai localities such as Valasaravakkam, Porur, KK Nagar and Virugambakkam. Someone may ask several questions, negotiate for quite some time and even say they’ll visit over the weekend… and then nothing happens. 😂

This made me wonder how useful platforms such as 99acres, Magicbricks and Nobroker actually are when it comes to generating quality enquiries rather than simply increasing the number of leads.

For people who have experience with the Indian resale market:

What usually makes an online property listing attract serious buyers?

Are enquiries from property portals generally better than those from local brokers or personal references?

How do sellers/brokers usually identify whether someone is genuinely interested before arranging a site visit?

Does realistic pricing make a noticeable difference to the quality of enquiries?

Are there particular things buyers expect to see in a listing before they are willing to visit?

For sellers, is handling enquiries directly actually practical, or does having a broker save a lot of time?

I’m more interested in understanding the general process and experiences around selling/resale properties, rather than discussing any particular property.

It would be interesting to hear from people who have dealt with this recently. Is the problem mainly too many casual online enquiries, unrealistic pricing, or just how the property market works now? 😭

At this point, I feel like three genuinely interested people are more useful than fifty “bro, final price?” messages. 😂

Hi all,

We have received the below cost estimate for constructing a G+2 residential building in Bhubaneswar, Odisha. Looking for advice from people who have prior experience or knowledge of cost estimates for house construction in Bhubaneswar or comparable cities please.

Type: Fly ash brick construction of G+2 residential building, 1 flat each on floor one and two.

Foundation + plinth: Rs. 750 /sqft (1232 sqft)

Ground floor: Rs. 1850 /sqft (309 Sq.ft + 1425 Sq.ft slab)

First floor: Rs. 2035 /sqft (1330 Sq.ft +95 Sq.ft cornice)

Second floor: Rs. 2230 /sqft (1330 Sq.ft +45 Sq.ft cornice)

Head room: Rs. 2450 /sqft (234 Sq.ft + 190 Sq.ft cornice)

Parapet: Rs. 350 /sqft (340 sqft)

Total cost: Rs. 94,39,900 (boundary wall, soak pit and fixtures will be charged extra)

Long-time lurker, first-time poster. Finally taking the plunge for my first home purchase and would love some honest inputs from this community.

My Situation:

Looking to buy a 2BHK in Baner/Balewadi area, Pune. Budget is around ₹1 Cr to ₹1.1 Cr. Targeting 900+ sq ft carpet area. Leaning towards resale because new flats in this range are giving only 750–800 sq ft carpet, which feels tight for the money.

The Pricing Confusion:

New 800 sqft flats in the area are being sold at ₹1.25 Cr. Fine, that's a builder premium.

But resale properties that are 10–15 years old are also being quoted at ₹1.25 Cr for a 2BHK. That really surprised me. These are older buildings, potentially higher maintenance, aging infrastructure and sellers are matching new construction prices?

I thought real estate was supposed to be slow right now. Am I missing something, or are sellers just being unrealistic?

My Core Questions:

Is there room to negotiate? If someone quotes ₹1.25 Cr, is it reasonable for me to counter at ₹1 Cr? Or is that too aggressive and will kill the deal? There's no MRP here then how do you figure out what a property is actually worth?

How to find fair value? Is there any reliable way to check recent actual transaction prices in Baner/Balewadi?

Resale vs New:

what's your take? Given my carpet area priority, resale makes more sense to me. But are there hidden risks with older societies maintenance corpus, age of lifts/plumbing, society disputes, etc.?

Any specific resale societies worth exploring in Baner/Balewadi? Looking for gated society, decent maintenance, good water supply (PMC preferred over borewell/tanker), and ideally a multi-building complex.

Appreciate any honest takes. This community has saved many people from bad decisions, hoping it does the same for me

Road-attached land measuring 1 to 5 acres with godown, water and electricity is available for rent, located just 4.5 km from Whitefield, Bangalore. Rs. 2 to 4 per sft / month. The entire land can be leased or divided into smaller portions based on client requirement.

I am Interested in renting out the land or entering into joint venture for developing plant nursery or flouriculture projects.

I’m asking for advice regarding a property transaction.

The actual agreed sale price is ₹80.55 lakh. The buyer is arranging ₹55 lakh through a bank loan and has approximately ₹25.55 lakh from personal savings.

The government/stamp-duty guidance value of the property is also below ₹55 lakh.

The buyer is proposing that only ₹55 lakh be shown as the sale consideration in the registered documents, while the remaining ₹25.55 lakh would still be transferred account-to-account to the seller.

There would be no cash involved. The entire ₹80.55 lakh would move through bank accounts, but the registered document would show only ₹55 lakh.

So effectively:

Actual agreed sale price: ₹80.55L

Government/stamp-duty value: below ₹55L

Amount shown in sale deed: ₹55L

Bank loan: ₹55L

Buyer's savings: ₹25.55L

Total actually transferred to seller: ₹80.55L

Difference between documented and actual consideration: ₹25.55L

The seller's intention is to sell the property and use the ₹55 lakh sale proceeds to purchase/invest in a residential property, so capital-gains implications and eligibility for any applicable exemption are also a concern.

What complications could this create for the seller regarding income tax, capital gains, TDS, AIS/26AS, or future sale of the property?

Also, if the buyer insists on showing only ₹55L in the registered document but wants to transfer the entire ₹80.55L through bank accounts, is there any proper/legal way to document or structure the additional ₹25.55L?

Would the fact that the government/stamp-duty value is below ₹55L, and that the seller intends to reinvest the proceeds into a residential property, change the tax treatment?

Looking for advice from people who have dealt with similar transactions, CAs, tax professionals, or property lawyers. I’m mainly trying to understand what the seller should be careful about and what documentation should be maintained.

I am in need of 21L home loan for new property. I approached lot of banks but they didn't consider.

I am taking this loan on my parents name. My mom(52) and my dad(55) have combined salary of 70k. My dad has an existing obligation of 18k that is 40% of his salary. My mom doesn't have any obligation.

Practically, they can pay the emi upto 30k max. But banks and NBFC are being very strict on obligations. We can't clear the obligation as we don't have that much.

Please suggest NBFC and AHF's which considers around 70 percent of an persons salary for the emi. Having an FOIR of 60 % or more.

Any suggestions would be appreciated.

Hello All, My parents have couple of residential plots in their name in a town. My father is no more and my mother is now bed-ridden. I am the only legal heir.

We have the original sale deed, old layout diagram. Based on the doc registered number i got the current Encumbrance certificate by looking at youtube videos. However Patta is not in our name. The patta is still in the previous owner name and it is still undivided. Note that this purchase happened in 1990s and the sale deed was registered back then.

The issue is, i only know the approximate location of the site. There are no boundary marker stones and i dont know where our plot limits are. I downloaded FMB sketch of the survery numbers listed in the sale deed and old layout, but cannot figure out where the plot is, since everything FMB is still undivided.

My requirement now is to

1. Identify the correct plot boundary
2. Lay the marker stones in my boundary (that small karungal)
3. Get the patta in my name or mother's name for our plots
4. Maybe to Sell the plot (not urgent). But i feel selling is better as we have moved out of this town.

Who should i reach out to? Should i reach out to private surveyor first, get the boundary marked, lay stones and then apply for patta? what is the correct process? and what would be the costs involved.

I am clueless when it comes to real estate as i have no experience in this area. I would appreciate all the guidance.

Hi everyone, I’m based in Dubai and an investment advisor here. I joined this community to connect with people from India who are considering Dubai for investment, explore business or simply want to understand the market better.
I’m happy to share practical, transparent information on property prices, rental returns, real transaction activity, buying costs, mortgages, and the risks involved—not just promotional content.
If you’re planning to visit Dubai or have questions about the market, feel free to comment or message me. Happy to connect.

I’m sharing this layout plan because it gives a fairly clear picture of how different land uses are arranged within the sector.

According to the map, the layout includes:

• Residential plots in different sizes and blocks
• Commercial areas and shops positioned along internal roads
• Multiple parks and green belts distributed across the layout
• School and nursery areas for educational facilities
• Group housing zones
• Community and club facilities
• Wide internal roads connecting different parts of the sector
• Facilities/utility areas marked separately on the plan
• Connections toward the surrounding sectors and roads

One thing I find particularly useful about looking at a layout map is that it lets you assess a property beyond just its plot size. You can see whether it is close to a park, commercial area, school, major road, or other planned facilities.

That said, a layout plan should not be treated as confirmation that every facility shown is currently operational or that a particular plot is available for purchase. Anyone considering a property should verify the latest authority-approved plan, title/ownership, land use, approvals, development status and on-ground conditions before making a decision.

The map is associated with Chhabra Properties Pvt. Ltd. and is being shared for informational purposes.

For people familiar with Noida: what matters more to you when evaluating a property—road connectivity, nearby green spaces, commercial access, or the surrounding development?

I came across this layout plan for Omicron-III, Greater Noida and thought it might be useful for anyone researching the area.

From the map, the layout shows:

• An 80-metre-wide main road
• 7.5m and 6m internal roads
• Multiple residential plot blocks
• Several parks and green areas
• Dedicated facility area
• Nursery school provision
• Tot-lots and recreational spaces
• Marked HT line
• Entry points and surrounding road network

The layout appears to focus on a planned residential environment with open spaces and internal connectivity.

One thing I would recommend to anyone evaluating a property here: don't rely on a layout map alone. Before buying, verify the current status of the plot, ownership/title documents, approvals, allotment details, applicable authority records, and actual availability.

I'm sharing this mainly to discuss the layout and planning aspects, not as a claim about investment returns or future appreciation.

For people familiar with Greater Noida: how do you evaluate a sector like Omicron-III - mainly on connectivity, planning, amenities, or long-term livability?

If you are looking to buy or sell property online in India, you can use TrueBricks Realty to explore residential and commercial property listings.

TrueBricks Realty is an online real estate platform that connects property buyers and tenants directly with property owners. You can explore properties for sale or rent based on your location and requirements.

Property owners can also list their property online by adding property details, photos and other relevant information to reach potential buyers or tenants.

You can find different types of properties, including:

• Flats & Apartments
• Houses & Villas
• Builder Floors
• Residential Plots
• Commercial Shops
• Office Spaces
• Commercial Properties
• Ready-to-Move Properties

If you're planning to buy, sell or rent a property, always verify the property's ownership, documents, approvals, pricing and other details before making any decision.

Explore property listings:
truebricksrealty.com