affordable house in delhi

EVERY INDIVIDUAL WANT A HOUSE .FIRST FOR TO LIVE IN AND SECOND FOR INVESTMENT.PEOPLE LIVING IN RENTED HOUSE HAVE A DREAM OF OWNING A HOME. FOR FULFILLING HOUSING NEED D.D.A HELPS PEOPLE A LOT . BUT NOW A DAYS THE DREAM CAN NOT BE FULFILLED BY D.D.A DUE TO LESS AVAILABILITY OF FLATS . RATHER WE HAVE TO WAIT FOR GETTING OUR MONEY BACK FROM D.D.A.
RECENTLY D.D.A LAUNCHED A SCHEME OF 5000 HOUSES AND VERY FIRST DAY 85000 FORMS WERE SOLD. BY THE TIME OF LAST DAY APPROXIMATELY 5 LAC PEOPLE WILL BE DEPOSITED THEIR FORM.THE SAME POSITION WITH H.U.D.A PLOTS WE SEEN FROM PAST 5 YEARS.
IN SECOND OPTION WE SEE ALL PRIVATE BIG & REPUTED DEVELOPERS. THEIR PLOTS AND FLATS ARE FAR AWAY FROM MAIN COLONY AND THEIR PRICE ARE VERY HIGH. HIDDEN COST ARE 20-TO-30% OF FLAT COST PLUS MONTHLY MAINTANENACE CHARGES 500/- TO 1500/- P.M.
IN THIRD OPTION SMALL AND MEDIUM LOCAL BUILDERS. THEY BUY A SMALL PIECE OF LAND IN OUR LOCALITY BUILT 4 TO 8 FLAT ON IT . THEY SELL EACH FLAT TO NEEDY PEOPLE LIKE US . BUT THEY ARE SELLING AT A VERY HIGHER RATE. THEIR PROFIT MARGIN IS 10-TO-20% OF THE SELLING PRICE.
MY COUSIN WHO IS WORKING IN MNC , PRESENTLY POSTED IN BANG LORE , REQUESTED ME TO HELP IN BUYING A HOUSE NEAR JANAK PURI. HIS BUDGET IS BETWEEN 15 TO 25 LAKH. I SEE MORE THAN 15 BUILDERS FLATS IN UTTAM NGR AND JANAK PURI AREA.
THE STORY WAS SAME . FACILITIES LIKE FRESH AIR, SUNLIGHT TO EACH ROOM , GARDEN, RAIN WATER HARVESTING AND PARKING OF VEHICLE ARE NOT UP TO THE MARK.
MEANWHILE SOME BROKER SUGGESTED THAT FLAT WHICH IS UNDER CONSTRUCTION IS AVAILABLE AT 2-3 LAKH LESS THAN COMPLETED FLAT. HE ASSURE ME IF YOU BOOK ANY FLAT NOW HE SOLD AT A PROFIT AND I WILL EARN A PROFIT 3 LAKH IN 4 MONTHS BY INVESTING MERE 10 LAKH RUPEE. IT IS A VERY LUCRATIVE OFFER TO ME.
THIS OFFER IS ON PLOT OF 170 SQ YARD ON WHICH 6 FLATS OF 85 SQ YARDS (765 SQ FEET) AND 1 FLAT ON GROUND FLOOR AND PARKING FOR VEHICLES. COST OF FLATS IS 27.5 LAKH EACH.

ON CALCULATING AT HOME I FOUND THERE ARE 5 COMPONENTS OF COST OF A FLAT .
1-LAND COST
2-CONSTRUCTION COST
3-INTT ON CAPITAL--2% FOR 6 MONTHS
4-REWARD FOR RISK -- 1 LAKH PER FLOOR
5-OTHER EXP -- 20,000/- TO 50,000/- PER FLOOR.

THEN THE COST OF FLAT COMES 24.37 LAKH. BUT BUILDERS HAVE MORE SKILL AND BARGAINING POWER CAN BUILT IN LESS COST. IF 3 PEOPLE COME TOGETHER AND CONSTRUCT FLAT THEY CAN SAVE MONEY GET QUALITY WORK AND GET EXTRA FACILITIES OUT OF SAVINGS WHICH WE GET DUE TO OUR OWN CONSTRUCTION
THEN WHAT WE DO TO GET HOME. PL MAIL ME
sandeepsinghal222@gmail.com