BSK 6thStage 3rd Block

[smitha.s627]

Hi,
We are looking to buy plots in BSK 6th stage 3rd block. We were shown a plot near the BDA complex( opp to advaith associates building). The broker is quoting 4000. The roads on this side of the road are not tarred and there is no water line drawn . Electricity and sewage lines are there only for the road on which the site is present and is not there on the roads beyond it. Please advice on what would be the correct price for this site and also on why the development activity has been on hold for this section of the 3rd block though it is in a prime place . Thanks in advance

[yashmys]

the price seems to be high..4000 is way too high.. but all said and done, real estate is a funny thing... all those plots which seemed very pricey at 2500-3000 some 12-18 months back are quoting 4000....

for 4000 rupess one can get plots in even more developed areas..

[smitha.s627]

Thanks for the reply Yash...That was our feeling too .....But the broker is quoting that price for most sites in that block.
Also, any idea why that particular stretch has not been tarred etc...?
3rd block 30/40 site owners willing to sell their sites: Please do reply.

[sasireddy]

Not sure what to say. I am pretty much sold my plot 40x60 in 3rd block for 3600/sqft. The location is very good, just off 100 feet road and high elevation. I feel I sold it for less, since I had 4 buyer in that price and I picked the one who is paying full white. I believe, if the location is good and east/north facing, you can go up to 3800/sqft . I am trying to buy for that price 30x40 (trying to downsize ) and not able to get good one.

[lonedesi]

sasireddy, what facing side did you sell? Was it west or south? I am speaking to owner in 3rd block and he is quoting 4000 for west facing.

[PlotGuy]

Prices in BSK 6th have gone up as have other prices. You can't get BDA plots for 4000 in any developed areas.

[prathpj]

Not sure what is driving the rate. But bsk6 stage sites are in high demand. good friend of mine works in sub-registrar office told me that every week there will be 3-5 registration( many registered in price of 3500-4000/-). Another observation is that in private layout where there is no good roads, no chance of water connection and small layouts are quoting 3500-4000/sqft, may be because of this people are opting for bda sites where there is chance of water connection, good roads and big layout. Also last 12-18 months, site rates are increased in private layouts as well not only in bsk6 stage.