Buying a Builder Floor in Greater Kailash: Key Information
Prices in Greater Kailash (GK) 1 and GK 2
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Greater Kailash 1 (GK 1) Builder Floors:
- Price range: ₹4 crore – ₹12 crore
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Greater Kailash 2 (GK 2) Builder Floors:
- Price range: ₹4 crore – ₹10 crore
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3 BHK Builder Floors:
- Both GK 1 and GK 2: ₹4 crore – ₹8 crore
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Builder Floors in Defence Colony:
- Price range: ₹6 crore – ₹15 crore
Safety and Considerations for Buying Builder Floors
Is it Safe to Buy a Builder Floor?
- Due Diligence: Ensure all legal documents are in order, including title deeds and approvals from local authorities.
- Reputation of the Builder: Check the builder’s track record and reputation.
- Construction Quality: Assess the quality of construction, materials used, and adherence to safety standards.
Why are Builder Floors Cheaper?
- No Common Area Maintenance: Unlike apartments, builder floors do not have shared amenities, reducing maintenance costs.
- Less Overhead: Builder floors generally involve lower construction costs and overheads compared to large apartment complexes.
- Customizations: Buyers can often customize their space, which might limit market appeal compared to standardized apartments.
What is a Builder Floor in Delhi?
- Definition: A builder floor refers to a residential unit in a low-rise building, typically 2-4 floors, where each floor is sold separately.
- Ownership: Each floor usually has a separate owner, and the building is divided into independent units.
- Customization: Buyers can customize interiors to their liking, offering more flexibility than standard apartments.
Summary of Current Market Prices:
- GK 1 Builder Floors: ₹4 crore – ₹12 crore
- GK 2 Builder Floors: ₹4 crore – ₹10 crore
- 3 BHK in GK 1/GK 2: ₹4 crore – ₹8 crore
- 2 BHK in GK 2: ₹2 crore – ₹4 crore
Contacting Property Masterz:
For precise and specific property details, contacting Property Masterz directly at +91-9310534515 is advisable.
Conclusion:
Builder floors can be an attractive option due to their customization potential and lower maintenance costs. Ensuring safety through proper checks and understanding the market dynamics can make it a viable investment in areas like Greater Kailash.
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