Start with land development with registered JV with land owners . 1) They ask for an advance on plot size ( it should not be more than 2 cr) . 2) Get the approval for land development from the authority ( Takes 6 months to 12 months ) where fee is around 4 lakh per acre but bribe is 16 lakhs 3) Then start the basic land development ( Soil filing, levelling, marking , making drains , parks , CA. Etc). Around 3 cr will go 4) Start marketing the property before the final release also If you complete it in 18 months to 24 months your margin atleast worst will 30%
You think any CREDAI builder is going to mention the number of bribes they need to pay just to get approvals? A good % of the final price of an apartment is corruption!
the questions asked were so generic, real estate is vast and for a sensible guy its almost impossible to answer this question. only a salesman can answer that question clearly as he will have an agenda there.
thank you nikhil bhaiya aaj ki date me kio bhi entrepreneur sirf khud aage badhna cahta but aap hum sub ko sikharahe hain kaise aur kab aage badhna hai
My dad is much smaller builder than them but man i can bet he can actually explain better than them Dhanda smjhane ke lie why they have to make explanation so complicated Start taking podcast from middle class business man who can explain in a raw way
if you want to start small in Bangalore, you should start by building and selling independent houses on plots of 1200 to 1500 sqft and not start with an apartment project. Once you have experience for 3-4 years, then you can get into JV and apartment development.
So odd that these kind of discussions are supposed to be helpful to everyday middle or even upper.middle class people .... mainly because this is such a nuanced topic and hence can't be answered effectively from the question asked , first at least frame the question properly. Of course I'm biased in that I've suffered at the hands of Zerodha , like so many others , thankfully out and never again in this lifetime .... maybe this Mr. Kamath should pay attention there , of course money already made for him so zero bother now , amazing that he's now regarded as some kind of useful information platform
Dear Irfan Sir, my request please build a Burj Kalifa in Bangalore it can be built only by you, and must build for a small person like me to enjoy the development of Bangalore. If you dont build I will some how try to build with infinite hardwork 😅, but for you its possible pls do.....
Host should not talk when someone saying something.. irfan came to say Brokerage firm then developer aspects suddenly host intrupt and break the sharing.. but its ok useful anyhow
Due to concealed land values (Market vs Govt difference), black money, People had always advantage. Harsh reality is black money , but people expect white money from finished product is the mantra. check the backgrounds of any politicians, govt officers , these people only holding lands in urban markets. So its big gambling market, stay out of it if you are sincere tax paying citizen. Ask governments to build homes for LIG MIG HIG as it is failed private model. FOMO is being created nothing great for Middle class. Governments should start building homes ( atleast land values are transparent ) .
![[TH] 2024 PMGC League | Survival Stage วันที่ 1 | PUBG MOBILE Global Championship](http://i.ytimg.com/vi/FVFT-PFwU80/mqdefault.jpg)
![[LIVE] : ONE ลุมพินี 88 | คู่เอก "ป้อมเพชร vs อัสลามจอน"](http://i.ytimg.com/vi/1ZqTVVbMgbo/mqdefault.jpg)
Being successful at something does'nt mean you are universally good.
Thanks Nikhil for proving that.
Mr Irfan razaak should be interviewed again only. Not others
Exactly. others are a distraction LOL
Start with land development with registered JV with land owners .
1) They ask for an advance on plot size ( it should not be more than 2 cr) .
2) Get the approval for land development from the authority ( Takes 6 months to 12 months ) where fee is around 4 lakh per acre but bribe is 16 lakhs
3) Then start the basic land development ( Soil filing, levelling, marking , making drains , parks , CA. Etc). Around 3 cr will go
4) Start marketing the property before the final release also
If you complete it in 18 months to 24 months your margin atleast worst will 30%
Host persistently asked direct questions, yet the guests appeared reluctant to provide detailed information.
They lack clarity or intent to share information and seem to have an agenda not shared openly like other guests
True
Thats in the genes of real estate guys
You think any CREDAI builder is going to mention the number of bribes they need to pay just to get approvals? A good % of the final price of an apartment is corruption!
the questions asked were so generic, real estate is vast and for a sensible guy its almost impossible to answer this question. only a salesman can answer that question clearly as he will have an agenda there.
thank you nikhil bhaiya
aaj ki date me kio bhi entrepreneur sirf khud aage badhna cahta but aap hum sub ko sikharahe hain kaise aur kab aage badhna hai
My dad is much smaller builder than them but man i can bet he can actually explain better than them
Dhanda smjhane ke lie why they have to make explanation so complicated
Start taking podcast from middle class business man who can explain in a raw way
Good Idea. But majority middle class businessmen don't want to be in the limelight. Better be under the radar. You know the reasons.😊😊
Bas dikhane he ki kitne smart he complicated words use karke. Jyada hi superiority complex he.
Irfan Razack sounds so insightful whenever he speak. Others should never be invited to any interview
if you want to start small in Bangalore, you should start by building and selling independent houses on plots of 1200 to 1500 sqft and not start with an apartment project. Once you have experience for 3-4 years, then you can get into JV and apartment development.
Mr Irfan Razack: SHAHENSHAH of Indian Real Estate. He is a legend. Thanks, Zain from Expertini Properties Hyderabad India.
Irfan sir is too big of stature in that space !!
Leave irfan sir to talk.. His experience is most valuable feedback ever....
Irfan sir is right mentor, rest two are not at all relevant. Request if you can have one more interview with Mr Irfan sir only .
Y would bank give 10 crores in the first place for a 20 year guy
bank is not the only source of finance
@@srishupadhyay1924 Please list the others.
Sab ke mummy papa ke pass itana paisa nahi hota hai... Bank robbery or online scam at the age of 20 is also bit risky
Rofl 😂
Brilliant!
So odd that these kind of discussions are supposed to be helpful to everyday middle or even upper.middle class people .... mainly because this is such a nuanced topic and hence can't be answered effectively from the question asked , first at least frame the question properly. Of course I'm biased in that I've suffered at the hands of Zerodha , like so many others , thankfully out and never again in this lifetime .... maybe this Mr. Kamath should pay attention there , of course money already made for him so zero bother now , amazing that he's now regarded as some kind of useful information platform
This guy Karan seemed like an amateur like me ... NK should get better Experts
Looking for professional advisors who can give me a roadmap considering my present financial situation.
Dear Irfan Sir, my request please build a Burj Kalifa in Bangalore it can be built only by you, and must build for a small person like me to enjoy the development of Bangalore. If you dont build I will some how try to build with infinite hardwork 😅, but for you its possible pls do.....
See the infra around burjkhalifa....
Bhai ye Bunty bubbly ko kyu leke aye ho… wo tau ji ko bolne do.
Host should not talk when someone saying something.. irfan came to say Brokerage firm then developer aspects suddenly host intrupt and break the sharing.. but its ok useful anyhow
Due to concealed land values (Market vs Govt difference), black money, People had always advantage. Harsh reality is black money , but people expect white money from finished product is the mantra. check the backgrounds of any politicians, govt officers , these people only holding lands in urban markets. So its big gambling market, stay out of it if you are sincere tax paying citizen. Ask governments to build homes for LIG MIG HIG as it is failed private model. FOMO is being created nothing great for Middle class. Governments should start building homes ( atleast land values are transparent ) .
Wrong guests
They should call you?
😅just be Congress party worker and occupy lakes
That man serving the tea atleast deserves some eye contact and a more genuine smile. We are not going to take our status and money when we die.
why do people complain about everything these days?
@@wennwenn1422 Its not complaining. It is an assessment of basic human behaviour, status and humanity.
@@mvstrave8892 about someone else = complaining
I just want to earn 10 crores .... What to do 😂
ACT like a cheaper version of Kamat something....present one is USELESS but too costly.