Difference Between Small builders and Big builders..!

By a Chennai Based Small builder

Really, it is  a good property fair happening last week at Chennai trade centre, where you can see all big builders under one roof..!

Many were doing really a fair job, you may think why others espl. Small builders were not like it ? The reason is very simple, for big builders, due to their big project sizes, wider roads, they were allowed to build more area..!

In 1,000 square feet plot, they could build nearly 2, 500 to 2,750 square feet, whereas, small builders were allowed to build about 1,500 square feet only.

In order to match the selling price of those big builders, these small one were forced to build 2,500 to 2,600 square feet, which leads to violation!

Just think, in a same location, if a big builder sells at Rs.4,000 per square and if a small builder says Rs. 5,000 per square feet where will you buy?

Most importantly monthly maintenance of Small builders will be Rs.500 to Rs. 600 only!

Assured completion in about 10 to 12 months, no need to wait for 2 to 3 years..! Sometimes  4 to 5 years.

Surely, this is not just a challenge!, Small builders want to be the ‘best’ in the industry, if anyone delivers better, let iss appreciate that good effort and learn from them!

We agree, with those big projects, you could get all big features, the only worrying issue is very high maintenance cost, that too, without using most of the features, you have to pay minimum Rs.4,000 Rs. 5,000 per month.

Also, timely completion is not guaranteed and everything is costing more than Rs. 60 lakh to Rs. 1 cr. (or) you have to travel Rs. 40 to 50 kms away from city!

One simple doubt Small builders have is, even though they have some ‘extra’ advantage over small builders, Do they deliver a ‘real value for money’? Do they pass on those benefits to buyers?

Just a single page paper Advt. Costs more than Rs. 16 lacs / per day / per issue/ per newspaper..!

Then you yourself think how many paper ads / TV ads / Radio ads / Hoardings / Brand Ambassador /Property fairs / Online ads….

You will be shocked,  if you know the total promotional / marketing expenses of a project.

Remember, everything will be added in your flat cost, All their brand building & image boosting happens on your cost and falls on your head!?...

Actually,  Small builders not against promotional / marketing, without which we could not reach you, but just think, just a 2 page advt. for one day / city / newspaper costs more than Rs. 32 lacs, but for the same Rs. 32 lacs, Small builders someway manage to give you a safe house to live for life time!

Like others, Small builders also could sell the same at Rs. 40 to Rs. 50 lacs with all those full page ads. But, again it is upto you, you should tell which one is right? Which one is good?..

Just think!

Also, now you will realise why real estate investment is that much costly?

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