KHB suryanagar phase 3

[raghu_pro]

Hi,

this week KHB allocating around 3000 sites to land losers and 4000 sites to applicants at a price of 950/sqft between chandapura and attibele.

We can buy a site from land losers.
Is it worth to buy at this price?

[lotus]

Yes it is worth - As the aution plot price was Rs - 2700sft
But the current allotment is for 10 years of lease hence the allotee can sell for 10 years

[lotus]

But the current allotment is for 10 years of lease hence the allotee CAN NOT sell for 10 years

[raghu_pro]

Still we can buy from land losers with a premium. They will not have any restrictions.

[lotus]

as sale deed will be executed to allotee after 10 years by KHB and allotee will be under lease till that time.

[raghu_pro]

Hi,
Land loser quota site will not be under lease. We can buy from land losers without any restrictions.
if anyone know the land loser site please let me know.
I think it’s better to buy khb site instead of private developers.

[vishwas_bda]

any info of site availability from land losers?

[sunil4050]

lease period is for 5 yrs and not 10 yrs.

[Whitewing]

There is a change in the rule, since Nov '12. Absolute sale deeds are being given for house and site allotments made on an outright sale basis.
Did a check on this with the Chandapura Registrar office and also got a copy of the board resolution on the same.

I am currently in the process of making a purchase of a house in Suryanagar phase 1.
Does a price of 3000 per sq ft for a 600 sq ft house in a 30*50 plot sould like a good deal? I felt it was good since the site values in suryanagar phase 1 seems to be in the range of 2250-2700.

[Raki]

There is a change in the rule, since Nov '12. Absolute sale deeds are being given for house and site allotments made on an outright sale basis.
Did a check on this with the Chandapura Registrar office and also got a copy of the board resolution on the same.

I am currently in the process of making a purchase of a house in Suryanagar phase 1.
Does a price of 3000 per sq ft for a 600 sq ft house in a 30*50 plot sould like a good deal? I felt it was good since the site values in suryanagar phase 1 seems to be in the range of 2250-2700.

Hi Whitewing ,

Me too interested in buying house/plot in phase 1 , let me know if you know any other properties in phase 1 .

Regards