Hello Everyone! Let's discover how to assess the fair price of residential apartments with Aman Chawla's groundbreaking Fair Price Formula. In this comprehensive video, Aman Chawla unveils a simple yet effective method to evaluate if the price offered by builders is justifiable. This guide is invaluable for first-time investors and homebuyers aiming to make well-informed decisions in the real estate market.
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Follow along with our step-by-step Fair Price Calculator to determine whether a property is under-valued, fairly priced, or over-valued, considering crucial factors like location, unit specifications, and builder reputation.
📊 What You'll Learn:
Real Estate Fair Property Price Calculator:
A step-by-step walkthrough of our formula to determine if a property is Under-valued, Fair-valued, or Over-valued based on various factors including location, unit specifications, building materials, and the builder’s brand value.
Formula:
Land Cost: 40% of plot rate in the Particular Area
Construction Cost Constant: Rs. 1600 (Affordable), Rs. 1900 (Mid-segment), Rs. 2150 (Premium/Luxury).
Additional Costs: Location (10% for developing, 15% for developed, 0% for undeveloped), Unit Specifications (10% for Affordable, 15% for Mid-segment, 20% for Premium/Luxury), Brand Value (0% for new builders, 15% for growing builders, 20% for established builders).
Fair Price Formula: Land Cost + Construction Cost Constant + Location Cost + Unit Specification Cost + Brand Value Cost.
This calculator provides a quick and accurate assessment of residential property values across various market segments.
Components Influencing Price: Insights into how Land Cost, Construction Cost, Escalation, Marketing, Approval, Admin Costs, and Builder’s Profit shape the final price of a property.
Segment Analysis: Delineation of price parameters for Affordable, Mid-Segment, and Luxury real estate projects.
🏠 Whether you're a novice or an experienced investor, this video will equip you with the knowledge to navigate through the complexities of property pricing and avoid overpriced deals. Don't be swayed by the market’s fancy terms - use Aman Chawla’s expert strategies to secure the best deal tailored to your needs.
Real Examples: Two practical examples applying the Fair Price Calculator, enhancing your understanding of how to analyze property pricing.
👉 For personalized advice or detailed information on Lucknow real estate projects, contact Team Aman Chawla at +91-9118388999. Let us guide you through every step of your real estate purchase in Lucknow.
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12 сен 2024
