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Arvind Menon
posted on 12 MayNegotiating new property in Noida is a myth, right?
Tusiana Village – I've been eyeing some projects around here, thinking of upgrading from my 2BHK in Sector 78. Presidency Infraheights has a few options. Builders quote ₹80L for a 3BHK, but is negotiation even real for new inventory? I'm targeting something near Sector 150, hoping for good Jewar Airport appreciation. What's a realistic discount percentage to push for? And how much do stamp duty, PLC, and parking typically add to the 'all-in' cost? My budget is tight around ₹1.2Cr all-in. Am I missing any other big charges?
#negotiation-tactics#all-in-cost#noida-real-estate#investor-advice#3bhk
Comments
Dekho, negotiation is less about price cut and more about value addition. Try to get a better payment plan, or waive off some floor rise charges if you're looking at a higher floor. A realistic discount percentage on the base price is probably 1-2% at best for new inventory. For the all-in cost, always budget 15-20% extra on top of the base price for all these charges you mentioned. ₹1.2 Cr budget for an ₹80L flat is tight, but doable if you negotiate well on the 'extras'.
Noida market mein abhi bhi sentiment thoda down hai, but Jewar Airport ki buzz ki wajah se prices stable hain. ₹1.2 Cr all-in for a 3BHK near Sector 150 is achievable, but you'll have to be very careful with the 'all-in' calculation. Stamp duty (approx 6% for men, 5% for women in UP), PLC (Premium Location Charges, can be ₹100-₹300 per sqft extra for corner/park facing), and parking (₹3-₹5 lakhs for covered) will easily add ₹10-₹15 lakhs. So your ₹80L flat will realistically cost ₹90-₹95L before other charges. Don't forget IFMS (Interest Free Maintenance Security) which is often 2-3 years of maintenance upfront.
Negotiation is definitely hard for new inventory, especially if it's a popular project. But you can try for a 2-3% discount if you're lucky, maybe more if they have specific inventory they want to offload. Have you checked the RERA registration and the builder's past project delivery timelines for Presidency Infraheights? That's crucial before even thinking about negotiation. What's the per sqft rate they are quoting?
Yes, RERA is key! Mere friend ko toh project ki details tak clear nahi bata rahe the. Parking ke charges bhi alag se hote hain kya Presidency Infraheights mein?
RERA details are a must. Most builders around Sector 150 are quoting around ₹6000-₹7500 per sqft for a good 3BHK. So ₹80L for a 3BHK seems like it could be for a smaller unit, maybe 1200-1300 sqft. Don't forget the hidden charges like club membership, one-time maintenance, and utility connection charges; these can easily add another 3-5 lakhs on top of stamp duty, PLC, and parking.
Yaar, Presidency Infraheights ka track record check kar lo pehle. Jewar Airport ki appreciation toh theek hai, but possession delays ka bahut issue rehta hai in builders ka. Mera ek cousin फंसे हुए हैं Ajayabpur mein ek project mein, 3 saal late ho gaya hai. ₹80L for a 3BHK in Tusiana Village sounds okay, but the 'all-in' cost will definitely cross your ₹1.2 Cr if you don't account for everything. Stamp duty alone is a huge chunk, around 5-7% depending on the gender of the owner and location. Plus PLC, IFMS, power backup, maintenance advance, etc. It all adds up fast.
Exactly! That's the biggest worry. I almost booked with another builder near Alpha II, thinking Jewar will save me. But then I saw their RERA status and the project was stuck for ages. Always check the RERA completion date and actual construction progress. Many builders quote low, then hit you with 'escalation charges' or just delay indefinitely, making your EMI a burden without a home. Don't just go by the builder's word, visit the site and check past projects' possession records.
Oh no, Ajayabpur wali baat sunkar darr lag raha hai. Is Presidency Infraheights known for such delays too?
Bhai, you're right. Negotiation for new property, especially from a builder like Presidency Infraheights near Sector 150, feels like a myth these days. They quote a 'fixed price' and barely budge. My friend tried for a flat in Alpha I, Greater Noida, last year and got hardly any movement on the base price. Your 1.2 Cr budget for an all-in 3BHK might be a squeeze if the base price itself is 80L.
Dekho, myth toh nahi hai but it's tough. You need to push for add-ons instead of direct price cuts. Ask for a free parking slot or a waiver on club membership. That's where I saved some money on my Alistonia Estate booking.
Totally agree. Builders dikhate hain ki negotiation hai, but end mein bas 1-2% ka 'goodwill discount' de dete hain. Sab pre-decided hota hai.