Godrej Properties sales person asks, "What is your budget, sir?" As flat-buyer, I don't disclose!
ฝัง
- เผยแพร่เมื่อ 9 ก.ค. 2024
- Flat buyers are almost always asked by property sales persons what their budget is. Here are my reasons for believing that this is not only an unnecessary question, but an invasive question that the flat buyer must not answer. So, when the sales person from Godrej Properties asked me this question, here's how I replied.
---------- Video Contents ---------
0:00 Intro
1:00 Godrej Properties flats near Suraj Water Park, Thane
2:50 Questions about basic facts about Godrej Properties flats
4:50 Persistent question by Godrej sales staff about budget for buying 3BHK
7:20 Pricing of Godrej Thane flats is between Rs 1.45 cr and 1.75 cr
ISSUED IN PUBLIC INTEREST BY
Krishnaraj Rao
9821588114 and 8169471229
krish.kkphoto@gmail.com
Twitter: @BravePedestrian
Mumbai
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I have no money, unemployed however, still watching and listing their conversation, for nothing. Any one like me ?
Same here bro...we can learn how to negotiate and bargain and Don't fall in trap...
me bro!! life sucks!!
Same here.....😭
I m Thinking, it might help me in the future!
Gandhi said thinking of sin is also sin, so watching negotiations keenly is as good as buying.
@@calvincrow6477 you mean to say, if you cant eat a rasgula, you think of it, what about sex ?
What a nice conversation from both sides. Sales person is just doing her job very politely and sir is also making a point in brilliant way without losing his temper. 👍👍
Absolutely 💯 efforts put the salesman to convince Mr.Rao inspite of knowing the fact he is not going to buy one and use the recording for his crapy analysis.
Im making notes how to negotiate with these builder's. Keep up the good work
me too :p
Please share the notes brother
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Please share the notes sir 😁
Then pls, share with us also 🙏🏿
I went to see a flat which was advertised as "3 side open".
I told the builder "1 side is main door & staircase, 2nd side is lift & adjoining flat, so technically the flat is only open on 2 sides."
The builder is not picking my phone since then.
😀😀
Moral : It's very important to pierce through the lies & half-truths propagated by these money-hungry builders.
🤣🤣🤣
Which project? Let us have some fun too 😁
Whatever you do it doesn't affect them, because the government itself is supporting all these wrong practice
These agents will ask you for your budget. Say you say that your budget is 1.5crore. it means that you have 30lacks liquid money in your account. These shameless people add your phone number and budget into a database for tracking and this is shared with all agents in town.
This can be mixed with other metadata from apnacomplex or ecomerce data and then they can pinpoint to your home address.
It is a big security risk for you and your family if this data falls into goons posing as agents. Never never disclose your personal details while you shop for high-value items.
Don't tell your budget, but surely include your phone number and contact details in the video description . 🤣👌💯
@@NikhilPatildriving He is a journalist and activist trying to educate others.🙄
He is not calling to buy anything, i guess you didnt watch his other videos
@@NikhilPatildriving You're comparing sensitive details (like bank accounts and a budget) to general detail like phone number and email id. He's helped many people, who can reach him by his number to clear doubts regarding the issues he's been explaining, and whoever does not feel comfortable speaking directly, will hence contact through email. If anyone wants to harass him that way, then it's not his fault. The fault is the one's misusing it.
Ha ha, Company give reverse traning to staff to deal with customers but sir always take them on right track by giving daily life examples. Nice Sir.
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Awesome way of talking 👍
I tried to be smart and ended up arguing with sales team 😂😂 but this is how one should deal: calm, composite and to the point 👍
After watching this I have learn 2 things -
1. Not to disclose the budget at the first place whenever you are buying a property.
2. Secondly if you are interested in a property you should ask the rate and final value of it.
But they ask the budget in the first place
@@IndianBoy77 There is nothing wrong with asking for budget because these people have a lot of properties and they will recommend you something based on the budget. What is the point of discussing a 20 cr. flat for someone who can only pay 1 cr. max.
@@ppen8359 Would you like it if you are asked about your budget while shopping for clothes, buying vegetables, entering a mall, etc. I am sure NO. Then why this question is valid here. Every person visiting a property is a prospect and is in the market to buy. Simply quote your price and move ahead. Why ask budget?
@@JK-cw1tp Forget about asking for budget. My realtor asked me for loan preapproval and I did not think much of it. Realtors are doing their jobs and it is impolite to waste their time on asking for things when you do not have any money to buy.
@@ppen8359 Do you visit sites just for window shopping? Malls one can understand but who in their sane minds would go to under-construction properties filled with dust just because they want to escape their wives. Also, invite deluge of follow up calls each day.
What a smart guy. Huge respect.
I don't understand why they ask your budget.They should be like this is base price & these are extra.But knowing your budget means how high you can go by stretching your budget as they have bankers who will tell your loan limit so they can hard sell you xtra's during tour.
Godrej brand charges royalty from group co so they know best how to squeeze even minority shareholders...
Best part of the conversation is , When Mr Rao ask why there is a difference of 35 lacs between agreement and final , she says my Manager will know 🤦♂️
Sales person behave like they are giving their property to us for free.
They know the buyers price first then properties be turn out. How Sales person make batli mein dalna but in these case vice versa....
The entire flat price is a HIDDEN COST 😀😀😂😂😁😁😅😅
.
THE REST IS 1.34 AND 1.75 😅😅😁😁😂
And says, highly negotiable later.
The manager would have told from behind to quote high to reduce later as discount.
In hyderbad they reveal the price without much drama. They don’t ask for budget
Ture.. in hyd they quote price first in ads also.. so people with their budget can negotiate but in Mumbai its a realtors mafia trying to loot people hard owned money 😐
Hyderabad is best place
Don't compare house in mumbai to Hyderabad 😂😂
hyderabad is poor city as comapred to mumbai navi mumbai pune nagpur!!
Ek number sir......salute u....abi madam budget nhi puchoge kisiko
2 things I can hear "you know" , "perfect" 😂😂😂
and "Ya"
This is all they they learnt for that also they need training 😄, if u try speak with them and ask something more it will be like out of syllabus for them.
Exactly
@@sumalways hahaha 🤣😂
That's a big jump from 1.45cr to 1.75 cr, 21% approx. Wow!
Please note 8:15 gst is payable only on under construction property. No gst is applicable on ready-to-move-in or completed property.
Start a flat buying course Sir.
Sir very well done. 9:42 minutes of discussion has taught me something that i might have taken more years to learn the basics points while looking to buy flats. You just got a subscriber for forever. 🤗🙏
Hope everyone here can learn things from such a master.
This will surely help aam janta to respond very politely to these sales tactics....
Agree never disclose your budget it is very risky....
Excellent video! High quality content like this is so rare.
Fantastic negotiations skills! Never disclose your budget first.
Lovely 👍 this is the best way to overpower this sales folks.. you are really helping so many people to not fall in trap and loose hard-earned money🙏🙏🙏
Brilliant! This is a very good tip for all home buyers.
Thanks for sharing this, it will be helpful to deal with sells team.
It is still majiwada was Epic !!
And it was to the point.
9:25 You can hear the nervousness in lady's voice..... she finally faces an enlightened consumer.
Much awaited video..thanks for the upload..
It's a huge learning process 👌
Before buying any property this is the best way of discussion
Don't buy godrej properties...pls pls...1st ask the residents who is already living in godrej's properties and then decide...
Do you have any experience to share about Godrej?My friend was planning to buy ,so asking.
are u a godrej resident? if not then dont malign an honest company
@@kalpanasirsat3499 please go through Google reviews thoroughly and one big suggestion, do not give even one rupee until they show you exact flat. Their demo flats are unrealistic and very different then what is delivered. If your friend is lucky enough and able to see flat, ask him to check out flat size, products (branded as they tell, but usually of inferior quality), fire safety, sewage system (most commonly avoided but becomes major issue later) and go into their maintenance clauses with extreme caution, as you can hear in audio price was moved from 1.45 to 1.75, they fool customers a lot in this aspect. Hope your friend gets his dream house 😊
@@anant-saini Thanks for the information. Will surely advice her the same.
Ahmedabad godrage garden city is very nice..i already stayed there..i am staying on rent..but the place is very nice...i don't know about other project about other place...
Oversmart buyer. No harm in giving a budget if one is an informed buyer. Full marks to the sales person who handled it extremely well.
Thanks for this video. I certainly never thought negotiations for property could be done this way I used to always quote a range of higer and lower value which shall suite my budget
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Thank you Sir. Sir, can you please make a video on what are the factors to be considered while buying a apartment. Like step by step, from apartment features to documentation . I'm sure many are looking for this video. Once again great work sir! We need more citizens like you! Gonna share your videos with my peers!
Start from basics.
Does and if the apartment and location suit your basic requirements?
If yes then and only then discuss ahead or else stay away from this.
1. Transportation and communication. There should be hospitals and schools nearby.
2. What you have and a good locality. Market and the people. No point buying a flat in a slum.
3. Quality of construction. If it's a known builder check their previous apartments. You can easily get some reviews.
For me, I personally always check, if the sunlight is coming and kitchen should be wide enough with space management. If you get a cook/maid tomorrow clumsy kitchens are irritating. But that's upto individual choices. Hope this helps. 😀👍
Great Work Krishna Sir!!!
Wow that's a great lesson on how to handle sales people.
A perfect example of how one should have conversation regarding all the queries.
Hats off..
Ur reply is Awesome... She is arrogant in her tone initially
True.....
This is some great skill,like the way he has correct questions
Sir, you are saviour for buyers like us. Thank you from a future buyer.
Krishnaraj Rao sir is giving more valuable life lessons than school, college, paid media...
Exactly the Sq ft rate should be clearly mentioned whether carpet or built up & rate is depending on location too. Now days builders judge your capacity & finalise the rate it's similar like hospital, they ask patient whether you are covered under mediclaim facility or not ?
Sir you did the right thing.
God bless Sir. You are a hero!
Thank you so much sir for this video. I was thinking how to tackle this budget question.
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Best part 1.45 😂😂😂😂 lakhs😂😂😂😂
Don't know whether that was intentional or slip of tongue 😜
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That u can chk with our manger because sir i have joint this project 2 days back 😁 inadequate training. 7:52
He sounds so sensible,calm and knowledgeable..we need more such educated civilized indias around!!
I've learned something today.. thanks 👍
V helpful sir for any ordinary innocent buyer of flats
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U teach us how to make mass things straight
Why the sales executive sounds like ananya pandey
😂
She is ananya padey only ..she is working part time for passive income
Thanks a lot ❤️
The price is highly negotiable 😂😂😂
I wonder what's wrong in asking "what is your budget"??? in Mumbai flats price ranges from 10L to 10cr
It works both the ways. Especially in a large townships where variety is 1BHK to 5BHK, it is always good to know how large and till how much is a person willing to buy. So you can filter out the options.
Great informative and educational video Sir ! I Thank you from the bottom of my heart !! May
the Almighty shower his blessings on you and your family 🙏🙏🙏
Ammmazing 😄 that's how a consumer should talk with builders /salesperson
You completely rocked Sir.....👍👍👍
brilliant man hats off to you, keep going on.....
This is very nice, actually in vadodara when I buy the falt 1st they show us site, with that they tell us price, with that flat only,then sample house then video, and the
Where in Vadodara
Flat buyers should not assume that property title is clear if bank sanctions your loan. Do not assume that the bank has done due diligence of the property. Banks merely depend on the approvals by the sanctioning authorities (municipality...). If one reads the sanctioning papers it is clear that Sanctioning authority is not responsible for the ownership title of plot by builder. These papers by its language indemnify these authorities of any responsibility and all the onus is on builder. Even buildings without NOC are sanctioned loan.
I am still a student and have no plans to buy any Flat soon....but I am learning the skills to negotiate... please keep uploading these type of Videos...
Very helpful video. Thanks for sharing.
Awesome sir 👍👍
I dont want to buy these shitty apartments. I will build my own house or I will be happy in rented ones.🙂
Thank you sir for sharing this conversation we got to learned many things in this short call 👍
Thanks sir for sharing , I was looking for similar guidance will be a great help (Y)
You are doing a good job .. most of the builders take people for a ride they need to think twice before doing it
Good one sir That gives me an idea how to keep ur foot down and assertive since I’m a novice slowly getting the whole idea now
Great idea that's why I had taken ur advice
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Superb man. This guy nailed on her tongue.
probably the only person in this world who plans for a Maruti and ends up buying Maserati. There is Word called underbudget, Budget, and overbudget.
We just need to say them forget about the budget tell me about your product.
Superb Sir....need to think 100 times before buying 🏠
Good work sir salute government provide license for such type builders not any one controlling builders
Great initiative of Sh. Krishna Raj Rao, 👍👍👍
Today I know how to ask and what to ask when buying a house...
Thanks sir
That is very common questions as I have seen many buyers don't have knowledge about their budget.
People want to buy villa but budget is 40 lacs.
This is very correct Sir
These builders charge as per their brand name and not actually according to the location or as per the government rate of that particular location
it will always be 50% more than what the government value says.....
These small things are amazing. We are learning so much.
Sir u are doing an excellent job. Keep it up.
3:28 perfect😂😂😂
nice conversation, In Bangalore almost every builder have this sick habit of asking budget and if our budget falls below our price then they humiliate... its a very sick practice..
What a smartly asking each and every point you are a saviors to us god bless you ❤❤❤❤❤❤
Nice video!!
Thanks for sharing such informative video.
They trying to know the budget so that they can quote the prices accordingly on customer basis. Using nonsense practices thinking buyers are fool.
Well played Sir.
Could be but sometimes they want to understand your budget so that they can suggest in the same or different projects.
I dont want to get impressed with visual tour. Loved that statement. Will use somewhere.
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Well done, I m learning from you
1.75 crores for flat in GB road is too pricey. The 1000sq feet flat is worth not more than 1 crores.
Great job. Appreciates it.
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Sir last week I saw an add of lodha stant tall of mira road and they put a price of 45 lakh of 1 bhk 350 carpet Area so wisit the sale office and when wisit their they raise their price of 59 lakh
Ur too good sir... Keep up the good work...👍
Much of the funds collected by the builders from Indian citizens are used for overseas projects, in the UK, USA, Middle East etc. As a result, these builders are delaying projects in India where the depositors have to wait longer to acquire possession of flat and/or constructing shoddy flats not worth the crores of rupees and handing them over to the buyers.
i still not able to understand " negotiable" Why they dont keep prices fixed.
One project, quoted me 1.52, after negotiation they came to 1.36.
Now, i have a doubt whether this is a fair deal or scope for further negotiation ?
& yes, i totally agree dont disclose your budget...in case you have to do quote less.
It's no harm in asking the budget. A project usually has multiple configuration or sizes of different prices, if you don't tell your budget it becomes difficult for the sales managers to understand your requirements. Once they understand your requirements they curate the presentation that suits your requirements. On the other hand if you don't have the budget they will not waste their as well as your time. They will focus on other customers who have budget.
What's the problem in disclosing all the flat with all the configuration that are available?
It's time consuming and confusing I assume. If there are 3 or more factors determining the pricing of a house then there would be atleast 10 variations of a price and this includes the pricing structure which is very difficult to explain to a customer.
'The budget' is not a 'requirement' of a customer!!
The requirements were clearly mentioned by Krishna sir in this conversation. If you are giving me a fancy property which has everything for a much lesser amount then I'll happily take it. My 'requirement' won't stop me from buying it. In fact selling a house above a certain price is the requirement of the builder itself. So you are clearly mistaken here dear...
Good job sir. Adbhut 👍👍👍👍
Thanks sir for sharing valuable information
Can u make video on the property paper to check before buying the land ,flat or independent house
It's not even in Majiwada... It's like 30 mins from Majiwada in average traffic 😂
Love Your Videos 😝
When you go to buy mangoes you know want to buy mangoes if they are in certain price range. Likewise when you plan to buy any property you need to have a budget . There was nothing wrong when the tellecaller asked you what's your budget . Buyer has to see his pocket before buying any property . He can't expect A category developer to sell at local developers price tag . If someone is more keen towards in Western suburbs then he should scout properties in Western rather then Eastern suburbs. And you are under wrong impression if you think Eastern suburbs rate are cheaper then Western.
Hello Sir, can you make a detailed video what and which things to be kept in mind before buying a flat? It will help us to decide accordingly... If there's any video already on that (from you) let me know about it too... Thanks in advance sir... Massive respect for u :)
Always start from basics.
Does the apartment suit your basic requirements if yes then and only then discuss further with the developer/broker or else ignore the entire negotiation part even if they offer you a lucrative price.
Also do check the RERA paper work of approved plan and number apartments and parkings.
Thanks Chinmay.. Noted! 👍
Done.