Are you looking out for a 1 BHK/500 sq.ft for an approximate price of 30-40 lakhs and a 2 BHK/1000 sq.ft for approximately 50 to 70 lakhs? We provide plots at 10 lakhs per 2R (2178 sq.ft) which is an add on of 2.5 FSI which will permit a total 5445 sq.ft for the construction. Now there are two options to proceed with, once you purchase the plot.
(1) If you wish to build a bungalow on an overall plot of 5445 sq.ft with the consideration of an average 10,000 valuation, the over plot will be 5,44,50,000/- (approximately 5.5 crores).
(2) If you can’t construct the flat and you proceed with a joint venture with the developers, there will be a share of 50%. With this said, you can still own the land of 2722.5 sq.ft.
If we consider 5000/-, then the average valuation will be 1,30,10,000/- (approximately 1.5 crores).