Showing posts with label Buy Brigade Metropolis. Show all posts
Showing posts with label Buy Brigade Metropolis. Show all posts

Sunday, April 20, 2008

Buy or Sale Brigade Metropolis Apartment



Resale Junction

This section will try to bring buyers and sellers on the same platform. Sellers will get an opportunity to place an advertisement and reach wider audience. Buyers get an opportunity to meet sellers avoiding high brokerage costs and also gets an apartment at a discounted price from Brigade.
The rules are simple provide as many information to reach your prospective buyers and sellers.

Kindly leave followings details in the comment section for the ad to get published.
(* is mandatory) . Brokers please excuse.

1) Name (*)
2) Apartment No (*)
3) Phone No (*)
4) E-Mail Id (*)
5) Price at which you want to Sale/Buy
6) Description of apartment
7) Any additional benefit? Any discount etc?

The site is just an platform for the handshake between buyer and seller and is no way related to anyone or any ad in this section. Please take your informed decision before buying/selling.

Once your apartment gets sold or you buy an apartment and you wish to remove your details from this site then please do not forget to send a mail to remove your details from this section. Also if your apartment gets sold or you get an help in buying the apartment from this site then please don't forget to share your success stories. I hope this section helps everyone in turbulent housing market. Once everyone gets the possession then I will add Rental section where in residents can post ad for the rental. Will help to avoid unnecessary high brokerage costs.
Any advice to help you better always welcome.

If you don't know at what price to buy or sale Brigade Metropolis apartment then do a research on the price at which others are selling?

There is a discussion going in the comments on the price of Brigade Metropolis apartment and the range varying from 56-74 Lakhs. One should not be influenced by final figure and it doesn't mean anything.
The figure may vary depending on
  • When someone bought the apartment?
  • How many bedrooms?
  • Which floor?
  • What was the unit price, cost of club house and parking lot at the time of buying?
  • What was the registration, electricity charges at the time of registration?
One should deep dive on different parameters to calculate the cost of the apartment. For my readers I have calculated the cost of a 3BHK apartment (1630 Sq ft) @ 2900 Rs/sq ft. This is just a number I have picked one should not assume that this is a prevailing market price. Market price can be higher or lower and also note Brigade price includes interior cost.

You can view formula of the calculation in the spreadsheet . Let me know if you find any discrepancies or if you have any questions.

Cost of Brigade Metropolis Apartment



Area in Sq ft 1630
Service Tax 12.36%
KPTCL & BWSSB Charges - Rs/sq ft 160
Price/sq ft 2900
Building Maintenance - Rs/sq ft 2
Campus Maintenance - Rs/sq ft 40
Guidance Value of Metropolis - Rs/sq ft 2200
Land Value 326000
Construction Value 4741000
VAT 12.50%



Base Price 4727000
Club House 250000
Car Parking 90000
Total VAT (VAT % * 70 % * Construction Value) 414838
Service Tax - (ST % * 33% * Construction Value) 193376
Reticulated Gas Connection 20000
Service Tax - Gas Connection 2472
Cost of Building Maintenance / Yr 39120
Service Tax - Building Maintenance 4835.232
One time corpus fund which is equivalent to one year's maintenance charges. 39120
Campus Maintenance Charges 65200
Service Tax - Campus Maintenance Charges 8058.72
Legal Fees 25000
Stamp Duty and Registration Charges 382000
Total KPTCL & BWSSB Charges 260800
Katha Transfer & Property Assement Charges 20000
Service Tax - Katha Transfer 2472






Total Cost 6544291

Have you explored the price at which Brigade is selling the apartment?

Related Post
1) If you are a prospective buyer then must read "Feedback of Brigade Metropolis"?
2) Don't get disappointed if the apartment price doesn't fits your budget you can still live in wonderful Metropolis community by "renting the apartment in Brigade Metropolis"
3) Apartment Owners join Brigade Metropolis Yahoo Group to get connected with your neighbors.
4) Why you should invest in Brigade Metropolis?
5) Where is Brigade Metropolis located?

As I get number of comments every month so it's important that old comments are archived.Your advertisement will appear for 6 months and then it will get deleted. I believe 6 months is a good time to buy or sale an apartment . But you are always welcome to place the ad again if your apartment is still in the market.