Shocking Results of This BDA E-Auction 2023

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Опубликовано:

10 сен 2024

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Комментарии : 75

@valueaddrealty Месяц назад

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@veereshhiremath9784 Год назад

In the Auction site you are the first owner and there is no problem of legality, so people end up paying 10% more in auction and there is also component of black money in resale property

@magadinagajoismanjunathamn3681 Год назад

If want to sell a site through broker they offer low price. If I want to buy they offer high price

@haiprade 8 месяцев назад

Exactly brokers are the one reason of rise in property rates, they increase whichever side they getting profit..

@kruthikbasavarajaiah3583 Год назад

Just for the name “BDA site” people are paying more than 80lakhs for the sites , Which is completely meaningless there are many A Khata layouts , gated community layout with proper documents which are cheaper , closer to city & fully developed. Specially Banashankari 6th & Anjanapura literally looks like mini forest . Garbage dumping unit in bsk,No Cauvery water , rent is very low , no good family restaurants nearby, Not many IT companies nearby except global village. Finally by raising price soo much ,for a middle class people house remains only dream.

@shrihara Год назад

Only BDA layouts have properly planned roads with NO DEAD ENDS. In Private layouts, they will have only one connecting road.

@kruthikbasavarajaiah3583 Год назад

@@shrihara according to your logic bsk 6th stage has many 100ft, 80ft ,40ft roads & no dead ends but still why no development ?? This bsk 6th stage was developed in 2002 by BDA. Development of layout happens by school , college , hospital, restaurant, pub , club , metro ,IT companies etc not by size of roads.😊

@shrihara Год назад

@@kruthikbasavarajaiah3583 I didn't talk about development. My point is that once developed, you see, it will be one of the posh residential areas in Bengaluru. Same happened with HSR, Koramangala, Indiranagara etc but not non - BDA layouts. Non-BDA layouts in that part of Bengaluru are pathetic.

@rrsetty2108 11 месяцев назад

@@kruthikbasavarajaiah3583 alongwith garbage segregation centre which releases bad smell.. recently forest dept taken four acres which BDA made layout.

@gururajrao1867 16 дней назад

👏👏👏👏👏👏👏👏@@shrihara

@Shambhu_creations Год назад

If 07:20 Sathish was speaking about the SMV 8th block corner site, it was me who bought it at a premium price because i own the adjoining two plots. This is one of the points that you missed, my Avg price on the whole property is less and it has value for more yield as a bigger property.

@shrihara Год назад

What did u buy it for?

@lokeshshetty2072 Год назад

8th block corner sites are 12k. I was looking over from past 6 months, the corner east or north is average between 11 to 12k

@vizithbhogi1311 Год назад

Can you please advise tips to secure eauction unit ..

@vaishnavinag6035 Год назад

Very good advise. 👍 I too participated in this auction and didn't buy as the price went for a foolish rate. I took 3 auction sites in August 2022. This time price in SMV 4th block went for rs 9000 even though market price is 6000 to 6500. Better to buy resale sites with your advise.Keep it up. Request Mr. Badrinath to make videos of 300 sites details you have so that buyers can approach you with confidence at you.

@shrihara Год назад

Yeshtu site thogotheerappa, nammage first site aagthilla to have our own home.

@TheVeganVicar Год назад

Shukriya for keeping us abreast of the auction!

@pushparanibn1133 Год назад

Good information , your good intention always keep u high sir, thank you.

@valueaddrealty Год назад

So nice of you madam

@anilh9057 Год назад

I had participated in BDA auction in 2014 for 3 BDA sites in Vasanthpura. All 3 sites bidding went well beyond the market price. Looked fishy for 30/20 sites going for 10 k and beyond that time.

@shunnuammu58 Год назад

Very rarely we see such honest suggestions and clarity in positive n negative impacts in realty deals ! Thanks a lot for the presentation!

@valueaddrealty Год назад

So nice of you

@shrihara Год назад

The worst part is that some of these people will put their sites for resale at higher price than their bid price. Other people selling site in same block will see that and start quoting same price for their site. This is happening in Mysuru. Even there the auction has created lot of ruckus. In Hebbal, Mysore, market price is between 4k to 5k. In MUDA auction, someone purchased for 6k !!! And that news went viral and others selling their site in Hebbal also raised it to 6k !!

@scenicdrives2912 Год назад

Why are you two not highlighting the fact that resale properties are not accepting full amount in white and registered value. They take only SR value. That is the problem. People who want in full white have no choice other than auction.

@shrihara Год назад

Withdraw money , simple. Banks these days are ready to give split cheque one for white in the name of seller and the other cash.

@nharish538 7 месяцев назад

And then you again take black when you sell it

@santhoshbhimanakatte 4 месяца назад

Hi Satish - i am looking for site near RR Nagara, i have visited some layouts and nothing is finalises, could you please suggest me good site for constructions.

@shrihara Год назад

People who have paid 20 to 40 percent higher than market price have to wait at least 5 years just to get their price in market. For 5 years, they will loose value of their hard earned money. For example, someone bid 80 Lakhs for NKPL 30x40 site last year auction. Market price is 55 Lakhs. Just to get their site resold for 80 Lakhs, they have to wait 5 years. After that they can sell it for 80 Lakhs or more. If they had 80 lakhs in bank, it would be 1 cr in 5 years, but plot is still below 80 Lakhs.

@vaishnavinag6035 Год назад

If money is kept in bank, income tax letter will come and not 1 crore, even the fixed deposit 80 laks will vanish. So better to invest in real estate. 😅😅😅.

@shrihara Год назад

@@vaishnavinag6035 Why income tax notice will be sent? Sounds like you are having illegal undeclared source of income. PPF, SSC deposits double in 6-8 years time.

@jatinthakar6692 Год назад

you are right, it depends on interest rate, right now Bank/FD is better as interest rate is 8% but property cannot give this return as loan rates are also high, but if interest rate is around 4-5% the property gives better return as many will buy

@magadinagajoismanjunathamn3681 Год назад

BDA layouts are wide Roads.A Katha ,Gated will have narrow Roads. Now a days car days

@stanislavplazilski Год назад

Were most of the sites sold this time ? Especially sm still not so improved layouts lyk Banashankari 6th stage and Anjanapura , n also bigger sites of all layouts.. hw ws yo experience this time compared to last time ? Price n no of sales of sites

@abdulmushahid347 Год назад

I am disheartened to see.. BDA is a government organisation whose intention should be helping people to buy a house for themselves at lower price specially for people who don't have a house. But BDA is operating like a private organisation who work only for profits and making people pay higher than the market. Sad! No body to question this to them??

@ramnathkrishnamurthy8357 Год назад

Sir what is the current market price in anjanapura 11 block.

@valueaddrealty Год назад

Call 9902066670 for more details

@vikramkumarp Год назад

Paying higher in Auction is fine, your paying to government and it totally white..

@shrihara Год назад

Is there any rule that house should be constructed within X years of purchase of a BDA site?

@valueaddrealty Год назад

Nothing like that when acquired thru auction

@hreemshreemkleem 6 месяцев назад

That rule is in noida

@shrihara 6 месяцев назад

@@hreemshreemkleem need to implement here also

@vishalkashyap31 Год назад

Hi, I am looking for site in BSK 6th stage 10th block any facing. What is the best one can get ?

@valueaddrealty Год назад

Call 9902066670 for more details

@daivikraj8418 Год назад

Hi , can you tell why you are looking to buy at bsk 6th stage 10th block. Do u know any upcoming projects in that block. I just wanted to know about 10th block.