Dear land investors before investing you should know this...and if you already know this...please share this with your friends...

Dear land Investors, before investing in sites...you should know this...

Whenever we talk about buying sites...we mention 30x40, 30x50, 40x60, and 50x80 sqfts...and we all think site papers also comes in sqft...But most of us do not know that in papers/approvals site dimensions would be meters.

In most of the time what we call,

1)     A 30x40 site, it is a 9x12 meter(108 sqmtr) site and when converted to sqft it is 1162 sqft, not 1200 sqft as generally assumed and you pay for extra 38 sqft which is not there actually.

2)    A 30x50 site, it is a 9x15 meter (135 sqmtr) site when converted to sqft it is 1453 sqft, not 1500 sqft as generally assumed and you pay for extra 48 sqft which is not there actually.

3)    A 40x60 site, it is a 12x18 meter (216 sqmtr) site when converted to sqft it is 2324 sqft, not 2400 sqft as generally assumed and you pay for extra 76 sft which is not there actually.

4)    A 50x80 site, it is a 15x24 meter (360 sqmtr) site, when converted to sqft it is 3875 sqft, not 4000 sqft as generally assumed and you pay for extra 125 sqft which is not there actually.

But most of the developers will not disclose this to you...and most of us will not question...Ultimately we end up paying more…

So whenever you buy a site ask your developer/broker/agent...What is the actual dimension they are offering you...or ask for Correct Dimension Report (CDR) copy given by MUDA for each site and pay the amount for the dimension mentioned in the report.

If they say

1)     A 30x40 site, in the report it should be 9.144 x 12.192 meter

2)    A 40x60 site, in the report it should be 12.192 x 18.288 meter

3)    A 30x50 site, in the report it should be 9.144 x 15.24 meter

4)    A 50x80 site, in the report it should be 15.24 x 24.384 meter

Dear investors, in Adishwar Nagar by Mahaveer Developers...we charge for actual sqft we give...not for 1200, 1500 or 2400 sqft as generally assumed

For sites of 9x12, 9x15, 12x18 and 15x24 meter dimension with north, south, east and west facing in Adishwar Nagar…

Price starts from Rs.1300/sqft.

Loan by ICICI and India Bulls

Loan up to 6 lakh for 30x40, 8 lakh for 30x50, 12 lakh for 40x60

Please feel free to call 0821-427 11 77, 99450-03730