Jameel Mughal® replied on Monday, September 19, 2016 05:28 PM
No Fixed rules I give U examples
27 Vs 28, Direct deal where dealers were asking 32,33 for similar Property
36 Vs 34.6 Dealers were asking 37, 38 for similar property
70 vs 75, direct deal, 75 was almost dealers demands
33 vs 36, 36 was demand advertised in market by dealer.
Non serious demands are about 10 to 20% more. Dealers demands are usually 5 to 10% More they usually don't waste time of unrealistic demands unless price fixing is done with investor., The Correct worth can only be judged by finding a confirm property at lowest price with similar feature, for example I am finding a plot in J Block between 570 to 574 in 41 Lac then any price 43, 44, 45 for similar or weaker locations is non sense for me and that seller also @ 41 is not finding a buyer for 2,3 weeks , I guess at 40 he will sell, 39 may be... and 36,37 will be unrealistic low offer [It is real example of today]
But there are deals as high as 45 on similar location.
That is why dealers keep deal prices top secret. Knowing the Correct worth is first step in buying. |
