Why it is better to buy flats in SMALL STANDALONE buildings rather than BIG township projects

People often make the mistake of thinking that giant modern towers and townships are better than small standalone residential buildings. While it is true that giant towers and township projects have some attraction, the biggest downside is that by purchasing a flat in a giant project, you are unlikely to enjoy ownership of the land. Sometimes, in some circumstances, ownership of proportionate share of the land can be very important. Without such ownership, redevelopment cannot be done by your society. ------------------ VIDEO CONTENTS ------------------ 0:00 New technology is making buildings and towers bigger, taller and wider 3:10 What is wrong with having bigger, taller residential towers? How does it cause a loss to you? 4:40 In a small building, you know all your neighbours, and you are the absolute owner of the flat, and tower, and appurtenant land or compound 8:00 Who owns the land that the residential tower is standing on? 9:30 What if builder refuses to give conveyance of your land plot to your cooperative housing society? 10:30 Getting conveyance is more difficult if there are more cooperative societies on undivided land plot 15:00 How will residents of Lodha Casa Rio get conveyance of the land? 17:00 Flat-buyer in Lodha palava City or Lodha Fiorenza gets a box-in-the-sky, without any rights on land plot 19:33 In a modern residential tower, flat-buyers get no rights on the land ISSUED IN PUBLIC INTEREST BY Krishnaraj Rao 9821588114 and 8169471229 [email protected] Twitter @Bravepedestrian Mumbai