Free Hold Property

@saucap @akki.akki any suggestion..

Investment upon land is good but depends on the factors like the locality and expected development around it in the near future and has its share of risks.

About the loan route for investment, I'm not so sure.

But I guess that's what most local real estate people do, take short term loans and rotate it to make profits.

@Faug

what is the meaning of Free Hold Property?and 10 lakh ki property kitne marle ki?

Don't buy free hold property in UP without bank's support & in any area where "musclemen" are there to grab the land.

guest_999 wrote:

Don't buy free hold property in UP without bank's support & in any area where "musclemen" are there to grab the land.

Yes, that is why i am looking to get it financed. Advice is noted..

kukdookoo wrote:

what is the meaning of Free Hold Property?and 10 lakh ki property kitne marle ki?

22g yaha dekhiye..https://m.economictimes.com/definition/freehold...

10ven wrote:

Investment upon land is good but depends on the factors like the locality and expected development around it in the near future and has its share of risks.

About the loan route for investment, I'm not so sure.

But I guess that's what most local real estate people do, take short term loans and rotate it to make profits.

Indeed i am considering these things.. thanks mate..i am looking for loan directly from a reputed company so that at least they investigate throughly before giving the money...

S..815 wrote:

22g yaha dekhiye..https://m.economictimes.com/definition/freehold...

matlab property without dispute. 10 lakh ki property kitne marle ki mil rahi?

kukdookoo wrote:
matlab property without dispute. 10 lakh ki property kitne marle ki mil rahi?

Marle? Rate hai starting from 5k to 30k depends upon location...

S..815 wrote:

22g yaha dekhiye..https://m.economictimes.com/definition/freehold...

If you are looking for a flat, UP gov is selling 1 BHK/2BHK in Mandola Vihar Yojana, Starting from 13L.

S..815 wrote:

Indeed i am considering these things.. thanks mate..i am looking for loan directly from a reputed company so that at least they investigate throughly before giving the money...

Cool. And do your due diligence too, don't completely lean on lender.

S..815 wrote:

Marle? Rate hai starting from 5k to 30k depends upon location...

means size kitna land ka?

Chiggy_Wiggy_Buoy wrote:
If you are looking for a flat, UP gov is selling 1 BHK/2BHK in Mandola Vihar Yojana, Starting from 13L.

Mandola Vihar Yojana

kiraye ka kamra hi theek ha paji fir to

Too much of a risk in Noida/UP when you buy a land and don’t construct or plan to stay.

Also, I believe 10l isn’t simply enough to start investing in property. Better invest in fd and also save from your income to atleast reach 20l. Grab any dda janta flat (lease hold) for 18-20lacs or free hold for 25lacs in North Delhi. 

Mind you, these janta flats are well constructed to covert from 1bhk to 2bhk with covering sides and attached balcony. 

If I remember correctly, dimer @sukant1989 is dealing in properties in areas like Rohini sec 21/31 etc. He can also input. ( PS on your own discretion as I don’t know him personally). 

Faug wrote:

Too much of a risk in Noida/UP when you buy a land and don’t construct or plan to stay.

yes thats why I'm concerned if free hold would b a good deal or not

Also, I believe 10l isn’t simply enough to start investing in property. Better invest in fd and also save from your income to atleast reach 20l. obviously 10L is nothing to buy a decent property will arrange funds according to the property by either taking loan or by withdrawing some existing investment Grab any dda janta flat (lease hold) for 18-20lacs or free hold for 25lacs in North Delhi. 

Mind you, these janta flats are well constructed to covert from 1bhk to 2bhk with covering sides and attached balcony. 

thanks will checkout

If I remember correctly, dimer @sukant1989 is dealing in properties in areas like Rohini sec 21/31 etc. He can also input. ( PS on your own discretion as I don’t know him personally). 

Thanks buddy!! Shared my remarks next to your suggestion.. and noted your suggestions..

Faug wrote:

Too much of a risk in Noida/UP when you buy a land and don’t construct or plan to stay.

Also, I believe 10l isn’t simply enough to start investing in property. Better invest in fd and also save from your income to atleast reach 20l. Grab any dda janta flat (lease hold) for 18-20lacs or free hold for 25lacs in North Delhi. 

Mind you, these janta flats are well constructed to covert from 1bhk to 2bhk with covering sides and attached balcony. 

If I remember correctly, dimer @sukant1989 is dealing in properties in areas like Rohini sec 21/31 etc. He can also input. ( PS on your own discretion as I don’t know him personally). 

yes bro same suggestion better to wait for some good amount for investment,don't know much about noida but here in rohini prices are too high even in new sectors,from last 3 years realestate prices are double in new sectors,even in noida prices are high,in freehold plot you have to care for your land for any illegal occupation but in lease hold authority is responsible to give land until its freehold,if someone occupied lease hold land illegally one can approach alloted authority but still i suggest to buy freehold as u can get loan easily

bhai iss se better ek 1 BK lele affordable scheme wala like VVIP Nest RNE wala, around 23L fully furnished + load will be available + will be ready in 1-2 yrs so you don't have to pay lumpsum and you can get rental income as well when it finishes.

Out of curiosity: What's the expected/approx ROI/XIRR ?

BlueFlash wrote:
Out of curiosity: What's the expected/approx ROI/XIRR ?

Bro hdfc limited was offering @ 8.1 last week when i checked with them.. on xirr can't comment right now but unlike approved societies freehold have no capping as it's first choice of people who don't have proper record of income sources... thus a 10k property can give 15-16k rate easily in year or 2 .. have seen this...

kukdookoo wrote:
Mandola Vihar Yojana

kiraye ka kamra hi theek ha paji fir to

Thik thak hai location bhai.

Itni b buri ni

S..815 wrote:

Bro hdfc limited was offering @ 8.1 last week when i checked with them.. on xirr can't comment right now but unlike approved societies freehold have no capping as it's first choice of people who don't have proper record of income sources... thus a 10k property can give 15-16k rate easily in year or 2 .. have seen this...

Any Idea foe such properties within NCR?

Chiggy_Wiggy_Buoy wrote:
Any Idea foe such properties within NCR?

Attor jalalabad

Chiggy_Wiggy_Buoy wrote:
Thik thak hai location bhai.

Itni b buri ni

Sarkari cheezo se door raho bhai

S..815 wrote:

Attor jalalabad

Ye kis desh me h bhai?

BlueFlash wrote:
Out of curiosity: What's the expected/approx ROI/XIRR ?

+1
i think FD is better as of now.

hese wrote:
+1
i think FD is better as of now.

Hmm will see... if i came across a good deal otherwise holding funds in fd.. will renew the fds..

Chiggy_Wiggy_Buoy wrote:
Ye kis desh me h bhai?

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