by Mr.
Om Ahuja, JLL India
Sample
apartments (flats) are indicative only – they basically serve the purpose of
giving the intending purchaser a sense of space and dimension.
The
fact that they are furnished allows for an understanding of how the available
space could be optimally utilized. Sample flats are effective marketing tools
and should be viewed as such.
There
is no compulsion on the buyer to buy anything but a completely unfurnished
flat. While we do see many instances where a luxury apartment buyer is
impressed sufficiently to ask for an exact replica of a sample flat, such
buyers have the requisite financial capacity to pay for such embellishments.
There
is little sense in being either carried away or prejudiced by the appearance of
a sample flat. These flats are showcases, meant to incite interest and indicate
the ‘lifestyle potential’ of the unit.
Once
a buyer gets a fair idea of how furnishings and colour schemes have been used,
he or she should draw a mental picture of how it could be done differently.
A
prospective buyer has – and should exercise – the option of asking for some or
all of the showcased features to be included in the flat one wishes to
purchase, but these will come at an extra cost.
What
matters at this stage is not the visual impact of the sample flat, but an
understanding of how the available space in an unfurnished flat could be used.
Remember
- regardless of the sample flat’s appearance, the developer will quote for the
unfurnished flat, which means that the price includes the flooring, balcony
area (if any), ceilings and walls. In sample flats of less spectacular
mid-budget homes, the basic fittings are usually included in the quoted price.
Om Ahuja, JLL India |
The
buyer must specifically request for any additional features shown in a sample
flat to be retained in the purchased unit, in which case these will appear in
an annexure to the agreement as additional charges to the cost price.
That
said, it is certainly true that sample flats can make a difference in a buyer’s
purchase decision, and developers of luxury homes are pulling out all the stops
to use them to maximum psychological advantage. This is well within the purview
of fair market practices.
In
some cases, visually appealing sample flats may help to detract from the fact
that the project’s location is not exactly cutting-edge. Nevertheless, as in
any other highly competitive market where advertising plays a major role, the
onus of establishing the difference between real and perceived value always
lies on the buyer.
About
the author
Mr.
Om Ahuja is CEO at Residential Services inJLL India
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