Wednesday, July 15, 2020

Real Estate's Bright Side in the Darkness!







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“The flower that blooms in adversity is the rarest and most beautiful of all.”... Mulan, Walt Disney Company. 

Well, guys Mulan is name of character in the movie with same name & don’t ask what Walt Disney Company is, please!  Many a times Disney Company has been criticized for their age old  “Ghissa Pita” (over used) formula of love, care, togetherness & courage, same way our Bollywood movies are criticized for “Bichade Bhai” (lost & found brothers) formula. But fact is “lost & found” formula lost its block buster strength as it was built on imaginary & shallow foundations of just commercial aspect of emotions while the Disney formula of love, goodness, togetherness & courage stands on real values of human life, so how even over used it may be, like gold it keeps glittering  on box office! This is why I'M a diehard fan of Disney movies, characters & their philosophies & the segment which needs to remind me of these things is, none other than real estate!
Indeed unlike other industries even in pre-corona period  also, the real estate wasn’t doing great is a fact & the first rule of solving the problem is accept the problem, this is exactly why I felt like writing as editor of this CREDAI bulletin & not just as your fellow builder! But then that was actually a boon as we weren’t doing great before the lockdown thing hit the country & not just the real estate. As we all have some common sense that’s why we have reached where we are as businessman & tell me on Mumbai Pune Expressway if a car is moving at 120km/hr & another at 60km/hr & suddenly a stray buffalo (well this actually can happen ) on the Expressway & both the cars hit that buffalo, then which car will have fatal damage? Obviously the one which was travelling at 120 km/ hr isn’t it/ As the 60 km/hr car will also collide with the buffalo but chances are the driver is good can pull away in time or even if he (or she, fellow credai women wingers) hit the buffalo as the speed is less the damage is bound to be less! And now apply the analogy to this lockdown thing just our car (real-estate) was at 60 km/hr one & most other industries like service industry, hospitality industry, banking or broking (share) , tourism industry & the cine industry all are like 120 km /hr speed car & look at them now! And I am not telling you this to rub salt on their wounds but to tell you simple fact that all is not end rather you are lucky to be in real estate or even hotel industry (most builders do) as your injuries are not fatal only because you were slow & sometimes slow is good, especially for long run marathons, which is the one we are in!
Guys, this corona thing will fade away but it’s not last, something else can always be there, that’s possible is what now every living person who is our probable client has understood & we have to understand that mentality. As people won’t be that carefree & spend for unnecessary things but once again like in 80’s/90’s wala scene will be there i.e. value for money. This doesn’t mean people won’t spend at all but the new age genre which was crazy about spending like there is no tomorrow, has understood with this “Joar Ka Zatka” that there is tomorrow & they need to think for it. And this exactly is the silver line to present a dark scene for real estate as when a person or a family thinks of the future, owning a home is unavoidable part of it, that’s what has been injected in our middle/higher middle class blood, like a vaccine since childhood! This vaccine has lost its effect for a while over the virus named lifestyle & carefree attitude but finally it again has suppressed them both. As-of-late there was a tendency why to spend heavy EMI for home or what makes a difference even if we stayed forever in the rental flat, well all such questions have been melted down with the lockdowns, need I elaborate this fact? In any crisis it’s your own home which stands with you as your safe shelter as well is your solid asset too even on money front & this is what gives you confidence to face any adversity, is what our probable clientele has understood, so take this whole episode as a boon in disguise builders, at least is what my logic is!
But like in our advertisements  a * mark (small it may be), this boon for demand of homes also comes along with a * mark! And that is no more “Ulloo Banaying” to the customers, so if I offended what I meant is, build what your client wants & not what you want to build as a home. Understand need of the market & then plan & deliver what you announce rather that much only you announce! I am not against luxurious amenities or specifications but whatever you are giving should be value for money, even for high end homes also! With this pandemic affecting not just Pune but entire country & all the segments, there will be rush towards centres like Pune & though I am from Vidarbha (Nagpur) & feel sorry for rural parts of this State & don’t want to scare other smaller centres but it’s always jobs & education which was (and will be) forte of real estate & unfortunately barring Pune I don’t see both things existing anywhere else. It's not that every single person is running towards Pune but the quantity & quality, both are not matching to what people want in other centres ie of jobs & education respectively, this we must understand & accept. Unless the Mai Bapp govt comes up with something really innovative, this inflow towards Pune region won’t stop is also a fact! The transition may take time but it’s on board & it will benefit real estate in Pune, just we need to be ready for the same & for that each of you must regain your own self & fight for survival!
Guys I know telling someone “Hausala Rakho”, “Every Dark Night has End”, types philosophies is easy but the one who has to pay salaries, pay interests on loans, give possessions, face every govt authority & sword on head like RERA, for him or her it’s very difficult to digest all goody goody words but there is no option, boss! You are owner of a company however small or large it may be so you have opted to be a leader of your small army & this war on face & a leader can’t afford to show his fear! I am not saying the leader shouldn’t feel fear, indeed you are a human being & the curse of being a leader is you have to carry your fear along with your army’s (team) fears too! But you have the capacity to carry this burden thats why you are a leader & your team looks at you, so for them you need to be brave. And apply logic, analyze the scene with cool head & not every time when you run or swim you should be faster, sometimes just jog & float till you see the finish line in sight!
In these times try bonding with your existing relations, whoever they may be i.e. right from your family to clients, vendors, neighbours anybody you know, try to stay connected with them. Most importantly speak to you staff, make them no importances of their initiative to sale the flats & their role in it as well make them feel confident & you only can do it! Speak to your all above mentioned contacts, write to them, email them, whatsap them but stay connected. Share your needs, share what you have available for sale, try to explain to them the importance of buying a home in these times & try to be honest while you do so! As I said, to give a feel of having a good deal to the client, first you need to know what is a good deal! Don’t run as its end of the world to close the deal at the same time those of you who are still in capacity to buy new lands (redevelopment & premium area guys) don’t offer like its last piece of land on the earth as you only have to recover your money from that piece of the land!
One more thing & it’s about personal front, try using the time at hand to have dialogue with your own self. Adopt any hobby, it helps a lot in keeping our thinking process on the right track & balanced too! Remember this is a war but after every war the survivors have flourished only by surviving in the right way. There is a very thin line between a brave & a coward, that line is called wisdom as a wise man knows when to step ahead & when to take a step back, so sometimes he is brave & sometimes he doesn’t mind getting tagged as a coward! Sorry, guys if I have overdosed as I am  no different than you, I am also worried, tense, afraid about my company's future but that’s one side of the coin named me! On the other side, I am happy as I can see a bright future for real estate, I know I must carry my fears & my team’s too (no choice here) & most importantly,  I want to be remembered as a fighter whatever outcome of this war will be there! So go on fellow builders, lead your army & make yourself pride by leading it! 

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Sanjay Deshpande 
Sanjeevani Dev.

Please view my sharing about real estate in Pune at U-Tube link below..


Please do visit my blogs to know about our philosophy at Sanjeevani ! (Click the links below)

Creating Togetherness; team Sanjeevani Way(Click link below)
 

https://www.flickr.com/photos/65629150@N06/albums/72157627904681345

For any of your complaints about city, log in at link below

www.punecorporation.org
Take your issues to Hon PM at link below..
Think Green, Think Life

Saturday, July 11, 2020

Togetherness, Goodness & Lock-down!






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10th July 20

"Hard times are good, they make you able to test yourself your toughness"...


Dear Team Sanjeevani,

I only wrote above quote & I know writing or sharing philosophy about hardness of life is very easy but living that life is not!! Let me tell you all, in these times when we thought life is coming back to normal, may be slowly but was moving, suddenly when this new lockdown has been made stringent again making everything standstill, I am equally disturbed or even say frustrated, demoralized, depressed & scared too but I am ok with it!! As on one side its burden of commitments to our vendors, contractors, clients, banks  then on other side pressure or fear of health of myself as well other members in the family, elder ones & younger ones too!! And I know you all have same fears & pressures but let me share, you are not alone & the best thing about sharing is, when its joy, happiness, goodness you share, it gets multiplied i.e. increases  but when you share depression & fears, it gets divided i.e. reduces!! In both ways sharing is important & you shouldn’t have any shame in sharing your fears or depression, as we all are humans & we have a thinking mind, which easily gets drifted towards negative things, faster than thinking about positive or happy things!!

Exactly this is the real test of each of us, as a team & as an individual. As each of us is a father, a mother, a sister, a son or a care taker to someone & one or many people are depending on us in different capacity & roles!! Don’t allow this knowledge of responsibility to become your weakness but make every such relation as your strength!
Again, easy to say but most difficult to actually do it as hardest fear you overcome or to win is fear of unknown, which we all are facing now!!

But then none of us has ever faced fear of unknown which actually is always there but in normal life we think we know everything & control it, which again is a big lie we are telling to ourselves as nobody can control the future or know the future, even next hour that what will happen but we live on assumptions, that we know what will happen next. All that is our guess from our past which we call experience & when we are unable to guess as we are facing something of which we have no experience, we  are allowing to fear rule our mind, which is happening right now!!

And this is situation like some war on border or like the way in World War, European countries has faced. Imagine you are a soldier on border & war is going on, you have a gun in your hand but so has the enemy & firing is on, all you can do is keep firing at the same time try to protect yourself from enemy’s firing, isn’t it?? And then imagine yourself sitting in your home & are a civilian, common citizen just the way you are right now and enemy's fighter planes are hovering over your city day & night, bombing it!! How you would have felt, well exactly the same way, you are feeling right now, isn’t it?  But does your thinking will change the situation which you are in; answer is a big "No"!  All you can choose is how to face the situation; this is what differentiates a brave & a normal person. I won’t say you are a coward as a brave doesn’t mean he don’t have any fears, a brave is who chose to accept his fears & face the enemy keeping the fears aside!

Let me tell you something, fortunately the city we are in & the business we are in makes us much more comfortable than most other business. As our lands are not going to ran away & our building are not going to decay, not even roots9 hotel. And a home & the food are human beings two of the three basic needs i.e. "roti kapada aur makan" & we have our presence in "roti & makan", so these industries are going to stay even after the war also & so will be us!!

Only thing is, we should be fighting our war as a team & as an individual with proper care & attitude.  Any war is won with attitude more than just physical strength, sometimes taking a step back is also an important aspect & waits for right moment to strike. In no case a frustrating daring, careless approach is useful as history has proofs such approach has lost even the winning wars at many occasions!!

If on work front we all need to be particular & more proactive  to whatever our job may be i.e. if you are a sales person then see that you give your best not just to give the client information about his or her home but you try to make him or her your friend first!! Even a driver should make the client or any person sitting in his car feel, that he or she is travelling with their family & son or father or mother is driving the car & not some company's unknown driver!! An engineer should look at the building as he is building his own home & not somebody else’s, then see the difference, the quality will definitely follow & this we have to tell to our contractors & vendors & bankers too. Do mind an army is built out of all wings, it’s not just artillery or air force or navy which makes you win the war but even a cook in the kitchen who makes food for the soldiers is also matters in a victory! This thing each of you can do it for our team!

And on personal front, be safe by your own self, by mind & by body. Use the period of lockdown to do something creative & even when the lockdown is over then also follow the habits of self care & self development. May it be any hobby of reading, singing, painting, game anything, try to excel in whatever you are doing as it will make you more confident about your own capacity & that’s what matters most!! 

Lastly, believe in goodness & togetherness as that’s something no enemy can defeat!! And yes history is not just about final outcome of any war; it’s about the way you fought also! 

Thanks a ton for our togetherness & let’s stick so...

Sanjay deshpande

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Sanjeevani Dev.

Please view my sharing about real estate in Pune at U-Tube link below..


Please do visit my blogs to know about our philosophy at Sanjeevani ! (Click the links below)

Creating Togetherness; team Sanjeevani Way(Click link below)
 

https://www.flickr.com/photos/65629150@N06/albums/72157627904681345

For any of your complaints about city, log in at link below
www.punecorporation.org
Take your issues to Hon PM at link below..
Think Green, Think Life

Thursday, July 9, 2020

Redevelopment of Attitude!






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“You never change things by fighting the existing reality.
To change something, build a new model that makes the existing model obsolete.”...
Buckminster Fuller

Richard Buckminster Fuller was an American architect, systems theorist, author, designer, inventor, and futurist. Fuller published more than 30 books, coining or popularizing terms such as "Spaceship Earth", "Dymaxion", ephemeralization, synergetic, and "tensegrity". He also developed numerous inventions, mainly architectural designs, and popularized the widely known geodesic dome.  No wonder with these type of brains full of creativity & ideas USA has progressed miles ahead of us as it’s not about just having brains its making them execute what they think is what differentiates our countries. Years after years we keep on listening to announcements of making Mumbai in to Singapore or Pune turn in to Washington (just example) from our rulers but reality is it’s the policies & the mess we make with them has turning up in to something like Donkey+ Monkey, not even one of them, which is of some use, individually! Many won’t like my criticism but one after another our rulers’ keeps on playing the shows of the circus named urban planning caring a hoot about the outcome, even when present epidemic has hit these two cities worst only because of bad planning! I really wonder despite such attitude & execution still Mumbai & Pune are attractions for millions to settle here, mainly three reasons, one is other options are worst than these two (can somebody make analogy of political scene in the country here), second is thanks to the limited edition public servants (PMC, PCMC, PMRDA, Town Planning, Police & others) who keep on doing their bit to maintain the good life style here & third is the  private sector contributing in every field may it be education or service industry or production industry, to fill the gap between what people (read as citizens ) expect & what govt can provide to have a good life here!

Well, now coming to the policies of urban planning, of-course about “Aapale Smart Pune”; the latest controversy (Punekars just can’t live without it) is related to redevelopment & allowing TDR on roads of 6 m widths in the city! Well, first what is this, let me share (what I have understood) so you will know its importance or impact on the city then you can decide your right or wrongs as per your convenience, means on what side of coin you are! I hope you all (most of you) knows what a redevelopment of a society means; if not in simplest word its demolition of existing building (Society) & building a new one at its place with modern facilities like lift, generator backup, ample parking places (well no comments), posh specifications & yes additional space i.e. if you have a 1-bhk flat earlier then you may get a 2-bhk! Now million dollar question is (sorry rupees), why someone would do it! Exactly here the TDR & all related to its policies comes in picture like 6m road or 9 m road! The answer to why someone will be new building & give more space is not because he is some Raja Harischandra (plz don’t ask what it means, its anything but a builder) but he (builder) will get additional area via TDR to build on this same place which he can sell to outsiders & make some money & from the surplus will build the building with new amenities for the existing residents! This is in nut shell redevelopment of a society, husshhh!

Now you must have understood the entire redevelopment thing revolves around the key word of TDR i.e. allowing additional area to build on the existing building’s plot or land & there were , are rules how much & where you can avail this additional FSI which is key to redevelopment! The main condition for availing this TDR on any redevelopment plot was the access road or the road on which the said building (society) is abutting must be wider than 6 m i.e. 20 ft. Well, in Pune there are many such roads (thanks to the vision of earlier town planners) & because of this condition the redevelopment of all such societies was not possible as if no TDR is allowed then as I said there are no more Raja Harishchandras' around. Means, all these old building’s residents (and builders also) were demanding that this condition must be removed & TDR should be allowed on all such roads of 6 m width too. Nothing wrong, as many of these buildings are old, needs heavy maintenance expense & senior citizens has climbing problems even to second or third floor & as usual maintenance & all such problems. But the govt till now was very keen that redevelopment means more residents, more flats, more cars & that means congestion on these narrow roads, so there was a big “No” for allowing TDR on 6 m wide roads!  Fair enough, though I have never understood the logic as first, does it means people already residing in these buildings (on 6 m wide roads) will not be having cars; second, is it allowed to park cars on roads for all other societies which are on roads wider than 6 m & third what about congestion we witness daily on every road which are even on the 30 m i.e. 100 ft wide too! But then you don’t ask such questions to the govt, that’s first rule here, so it’s ok. 

Issue is suddenly in recent PMC General Body, means city civic body decided that they will allow TDR on 6 m roads opening doors of hope for many societies & then again our guardian minister intervened & come up something different but saying it will be allowed. PMC was saying they will give permissions provided the said society which comes for development will make road in front of their plot as per 9 m width, don’t ask what happens to the plot earlier or next, eventually all roads will be made 9 m wide is one more announcement! But the guardian minister is saying this will be done case to case & PMC boss (read as Commissioner) will have rights for giving relaxation to this widening or front margin. By the way as per urban development dept (Super Boss in Mantralay) not even Commissioner has authority to give relaxation to any reduction in front margin of any building & then we have Urban Development Minister who is not our Guardian Minister! Well, I hope you will by now have understood, it’s no more concern of redevelopment or the city or the old society people, it’s now credit game! As well its revenue earning game too as with the epidemic (actually without it also), the city’s revenues are on decline & so as of the govt’s too & govt needs money. So, open up as many ways to earn revenue in every possible form is the hidden mantra in this 6m issue because more new constructions means more money in the form of premiums, stamp duty, development charges & many such. Well, nobody should have any objection for govt earning revenue as out of that only the development works gets completed but while doing so, be clear about the outcome you want, is all common man expects!

No problem, we are used to it, my main question to all the rulers is what we want to make this city, a big slum or a really a city which at least is liveable for our future generations! Because first, who has stopped the rulers (all are included) to make every road 9 m width by forceful acquisition, second do you think by just widening the roads the traffic congestion problem will solve & third what about strengthening the public transport system which will reach to every corner of the city, so nobody will have to buy, drive & park his damn car!  And yes what about the tree cover which we will be destructing under the name of redevelopment & where is the space for planting new tress & make them grow & who are planting them! Yes we need homes within city limits & we need them affordable too but why can’t we make policies which are made by covering all the aspects of life.
For e.g. the Metro work is complete (well, nearly complete as per the authorities) but still we haven’t yet come to conclusion about Metro TDR (TOD/FSI whatever you call it) & especially when it affects majority of the societies’ which are potentially redevelopment clients. At the same time in any redevelopment project which is viable mostly in up market localities (Rate per sq ft above 10k), parking is a major concern & to accommodate the parking you have to surrender many aspects of the planning, trees are just one of them. If govt is so much concerned about the congestion on roads due to cars but at the same time wants redevelopments too boost up, but it’s is not reducing parking norms & not providing alternative to the private cars; well, do I need to tell what will be outcome of any such policy! By the way, why the very govt which didn’t allowed redevelopment (TDR use) on 6 m wide roads till today, think of banning of buying any new cars for all the residents living on such 6 m wide roads in the city! And then the very same govt (read as everyone) names builders for making homes in city limits unviable, but at the same time the greed of the existing society’s flat holders to get just more area for redevelopment & govt’s own confusion about the policies, is mainly responsible for this mess!

Frankly real need of the redevelopment is redevelopment of our (read as society members, govt, and local bodies) attitude towards the entire redevelopment concept; as nobody wants to depart even a smallest of the bite of their piece of the cake & outcome is in the end nobody gets to eat the cake!
--
Sanjay Deshpande 
Sanjeevani Dev.

Please view my sharing about real estate in Pune at U-Tube link below..


Please do visit my blogs to know about our philosophy at Sanjeevani ! (Click the links below)

Creating Togetherness; team Sanjeevani Way(Click link below)

https://www.flickr.com/photos/65629150@N06/albums/72157627904681345

For any of your complaints about city, log in at link below

www.punecorporation.org
Take your issues to Hon PM at link below..

Tuesday, June 30, 2020

A Good Home is The Good Deal !










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“Optimism doesn't wait on facts. It deals with prospects. Pessimism is a waste of time”...Norman Cousins.
“Only those deals get closed which you deserve”...Amit Kalantri.

Norman Cousins was an American political journalist, author, professor, and world peace advocate. Amit Kalantri is the author of three books " I Love You Too", "5 Feet 5 Inch Run Machine - Sachin Tendulkar" and "One Bucket of Tears". He is also a professional magician and mentalist. Well, two quotes from two continents exactly on two sides of the earth like two sides of the coin. Gladly Amit is from very much “Aamche Pune” & sure out of entire country there are maximum numbers of Punites in USA. Now the quotes are about the deal when I started my sharing which is how or what you call as a best deal in real estate of your home search, I was confused which ones to use, so decided to use both the quotes!  Reason of this sharing was, recently one of my friend’s friends (In India this relation thing can extend to any length) wanted to know about a property (flat) he was interested in buying for him as a home in kothrud, a western suburb of Pune, well developed, needless to say. I said what he wanted to know, he said he has visited site, liked location, the work also is in progress & nearly 3/4th of floors has been complete (height wise), so is it a good deal & what will be good rate to buy a flat here? I said give me a day & I will inquire about the project & the builder & get back as well will give few other options if I get some. So a day after I called that guy & gave some other projects details & told him the builder is not much reliable name but professionally I can’t quote so, as a friend I am sharing this , so he can choose from other options in the same locality! After few days I remembered our conversation & asked that friend’s friend about any help he still needs, on this he said they have decided & have booked with the first one only about whom they have asked me. I said, why they didn’t found my other suggested options good, the man said, the other options were out of their budget by few lakh rupees & this builder gave them best deal in their budget, so they thought of going with the name which  I have said to avoid! Well, I asked them have they entered in agreement, the man said not yet but soon. I told them, I am sorry again professionally I should not be doing so but as you have referred to me by a friend, I feel it’s my duty to tell, the builder has a reputation to delay the projects even when they are in finishing stage as well a very poor post sale service & I referred him one of the customer of the said builder whom I knew has had a bad experience & asked him to speak & check in person the experience as a client with that builder!  I said, you are buying this home for stay & paying amount nearing to Rs One plus crore & just to save few lakh, you are not bothering that what if the project gets delayed by a year or you have to follow the builder for months for getting petty works done & get zero post possession service! Would you buy a car of reputation of low maintenance, poor post sales service & getting delayed delivery even after paying all amounts on time? He said, no, I wouldn’t, so I asked then why you are booking home like life time thing for just because you are getting a best deal you feel, on just price basis!

This is where the above two quotes comes in picture as right now post lockdown, everyone is speaking about real estate & its fate, well I am not or  never worried about fate of the real estate but sure fate of few names who have been dealing wrongly. But then you find such in every field & meet their fate eventually is a fact, so why worry! Actually I am not worried about the builders who give a bad deal, I am more worried for the home buyer who ends up getting a bad deal as they opt for it in first place, is the major problem of real estate! Like Normaa says, Optimist & Pessimist are two sides of coin & we all have both characters in us, so there is a third side of the coin & that is edge of the coin. And on this edge also on which side you stands of the edge matters when it’s a deal but in real estate surely the person who sees prospect, ends up getting a good deal is a fact. And I don’t mean be optimist means ignore the facts, keeping logic intact you can be optimist & select your home, is what I mean. For e.g. some ten years back I build few projects in Baner/ Balewadi & sold flats at say Rs 1800 per sft, a price which can’t cover even the construction cost today. And at that time, those people who didn’t book flat in these projects by giving reason that’s its far away from the city, are still searching for the home in the very same locations which are now out of their budget!

Again, I deliberately gave my own example so to make you know what to call a good deal when you are dealing real estate or say your own home. And I am not sharing this for appreciation part, it’s a bonus, what I want to tell is about getting a good deal for your home, first know what you call as a good home!

Post this lockdown many things are & will be changing as many people will be working from home, many people have fled from Pune, many people will be coming back & some won’t ever, there will be many new migrants also in all the sectors of the society, coming from all parts of the country even from out of country for search of new jobs or careers as Pune offers most jobs; but all this will take some time to settle . As thanks to media as well confusion created by the rulers & illegal settlements in pockets which has gained negative publicity to this city & the case is same with major Metro cities in the country as any epidemic  is bound to grow in slums & difficult to control is a fact, which our rulers knows but wont never learn!  But in a way that’s boon for many builders or localities in Pune as now a good deal for home means non-contained area means a locality with minimum slum or illegal constructions, is also a parameter now. Because my society I may isolate or quarantine for being safe but all class four workers which are like backbone of our society may be coming from contained area if one such exists nearby my home, causing always a threat to my family, is something never thought of earlier for buying a home!

Then comes the location from angle of prospect of development; frankly in our country people starts living & then development follow is the rule, applicable for commercial as well residential settlements & Pune too is no exception for this rule, which actually is totally in contrast with urban planning. But that’s how we are different, isn’t it, so when you are searching for home, just don’t go for what’s there today, look for what was there five years back & then predict what will be after five years. As where all sorts of developments are complete you won’t get a good deal ever, I mean on term of price is what I am referring to!  This doesn’t means that go & stay some location with no roads, water, schools, shops but this means these all follows eventually at most places in cities like Pune/ PCMC. So, along with the schools, shops & hospitals around, do check for the growth pattern of the locality also; as no illegal or unplanned settlements around your location & pollution creating aspects like narrow roads or some industrial unit etc as these all are going to count when you ask for best deal!

And now at least I hope people will keep their eyes open ( read as senses) when they think of amenities as if not swimming pool & gym, the single stand building must have a walking space all around it & not just a maze of parking & services. As during entire lockdown period I was walking around my residence building, which is a single standing one but good space on all around it & surrounded by the trees. Thankfully our society people haven’t cut the trees for parking or any other purposes & I could every day listen to birds chirping (actually) & shadow of the trees. Redevelopment guys are you reading it, as most of them (existing society people) in the zest of getting more space surrender their tree cover & then the new flat holders in such buildings, can they get a real good deal with a home without trees, ask yourself this also! (Keeping due respect to the builders which keeps space for trees also in redevelopment, magicians they must be!). And yes do ask for monthly outgoings also when you are booking a home with all so called lavish amenities, does we need them & if yes have we provision in our monthly outgoings for the same. Though in big projects such expenses are shared is also true, so just do some maths before you compare between amenities vs. outgoings to maintain them!

The locdown era might be a big dent for the rentals as with so many restrictions laid by the crazy (sorry but that’s fact) society managing committee members, most of the rental families must be thinking of getting their own home than surrendering to inhuman demands from the society members from the tenants! And I don’t blame them as I have seen enough society fights during these periods, the managing committee thinks they are dictators & the flat owners thinks they are rebels & nobody cares what the tenants thinks!  So high time for the present tenants may of 2 bhk flat to become flat owner even it may be 1 bhk as future for time being; this also can be an aspect of a good deal! And then there is work from home aspect too, so a 1 bhk in posh locality or a 2 bhk, slight far; choice is yours!

And lastly, budget front of the deal; well, times are hard, jobs are rare & salaries are decreasing yet life is on! As I said, judge your pocket not just on scale of today but years ahead & your needs & then only call what you are buying as  a good deal (read as good home). As I have seen (meet) many people happily living in their homes & all of them takes pride in how they got a good deal (read as home) but nobody gives the real estate (read as the builder) any credit of such good deal. And I have seen many people who are suffering from the home they have bought & call it as a bad deal & keep blaming the real estate (read as builder)! So, what you think after reading this about good deal while buying your own home, who is responsible, yourself or the builder? 

As Amit Kalantri said, a good home (read as deal) is deserved only by the person who chooses with open mind & has optimist attitude & keeping an eye on future! So go ahead home buyers, have a good home first, a good deal will definitely follow!

--
Sanjay Deshpande 
Sanjeevani Dev.

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