Can you really negotiate much on a Bengaluru flat?
Budget finalised, loan pre-approved – now stuck on finding the right investment flat in Bengaluru. I'm based in Dubai, so ground visits are pretty impossible. I'm eyeing a 2BHK in areas like Devasthanagalu, maybe something from SNN Estates, around ₹90L-₹1.1Cr. My big question is about negotiation: how much can you realistically knock off from a new project's listed price? Are builders firm, or is there usually 5-10% flexibility? I can't be there to haggle much, so knowing the real negotiation window is crucial for my ROI. Also, for secondary market deals, do you get more room to negotiate with individual sellers than with builders? And who gives a better deal, direct builder or a good broker? Trying to maximize value. Any insights from recent buyers would be super helpful.
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I recently bought a 2BHK in Akshayanagar, new project. Tried negotiating like crazy, but the builder barely budged. Got maybe 1.5% off the base price, not including registration and other charges. They mostly offer freebies like ACs or modular kitchen upgrades instead of direct price cuts. Secondary market might give you more wiggle room, yes, but then you deal with older properties and potential maintenance issues. Did anyone else manage to get a significant discount from a builder in the last 6 months?
Sahi keh rahe ho. Builders are sitting on high demand, especially for well-located projects. In this market, especially in areas like Devasthanagalu which are developing fast, they know someone will eventually pay. I got a flat in Adigara Kallahalli last year, and even then, negotiation was a struggle. They told me straight up, 'Sir, there are 5 other buyers waiting if you don't take it.' It's a seller's market right now, sadly.
No way, I tried for a flat near Aavalahalli, same story. Builders are just quoting high and then giving peanuts. Freebies are just a way to avoid actual price reduction; it's not real savings.
Bhai, negotiation is super tough these days. Builders have become very firm, especially for good projects. 2-3% max, that too if you're lucky.
Budget finalised, loan pre-approved – now stuck on finding the right investment flat in Bengaluru. I'm based in Dubai, so ground visits are pretty impossible. I'm eyeing a 2BHK in areas like Devasthanagalu, maybe something from SNN Estates, around ₹90L-₹1.1Cr. My big question is about negotiation: how much can you realistically knock off from a new project's listed price? Are builders firm, or is there usually 5-10% flexibility? I can't be there to haggle much, so knowing the real negotiation window is crucial for my ROI. Also, for secondary market deals, do you get more room to negotiate with individual sellers than with builders? And who gives a better deal, direct builder or a good broker? Trying to maximize value. Any insights from recent buyers would be super helpful.