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Old 27th July 2020, 14:16   #2311
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Re: The Property / Real Estate Thread

In hyderabad too, this T-Junction plot is strict no. Our colony is divided into 300 sq yard plots, and the plot adjacent to our house had same T-Junction issue. The owner was not willing to construct a house on this plot, and no one else was willing to buy the plot. Someone told that we can buy the plot, and merge it into our compound, and it will still be vaastu compliant. Some reasoning like we can have as much land on north & east side, as long as constructed house is in south west corner, and is not directly facing T-Junction. I felt this is all rubbish but nonetheless, my dad could buy the plot for way cheaper than market rate. And in the end, its all vaastu compliant. We now have very beautiful 200 sq yards garden, 100 sq yards 4-car covered parking, all thanks to Vaastu.

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Last edited by Comrade : 27th July 2020 at 14:29.
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Old 27th July 2020, 14:30   #2312
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by Santoshbhat View Post
Unfortunately Vastu is all about preying on people's fears. So more than giving credit for the good, I feel the house gets blamed for the bad stuff. If I had the option of paying the premium for a good vastu plot, I would definitely take it. Who knows what new vastu theories emerge in the next decade and they start labeling our property with unheard of terms? Builders and developers make new properties vastu compliant by default these days and the choice of vastu compliant homes will be more in the coming years. Old non vastu compliant properties could get stuck with no buyers coming forward. I am scared of getting into such a situation more than anything else.
Why don't you consult a vaastu specialist to ally your fears?

If you are building the house which will be a home for your family, then i would suggest not to think too much about resale value decades down the line. The home may as well stay within the family
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Old 27th July 2020, 15:19   #2313
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by Samurai View Post
There is way to counter it..
Lots of ideas and suggestions there, thanks! I've been on the lookout for nearly a couple of months now and I find that T junction plots are a problem in the market. South facing is not such a big issue. Brokers show me these T plots hoping that I'm not aware of these things. Once I tell them that this is a T plot, they immediately drop the asking price by about 15% and say that such plots are extremely difficult to sell.

The area I am looking in is a well developed old BDA area and empty plots are very rare and plots with old houses have value for the land only. I honestly wasn't aware of any vastu points before my search began, but I am surprised at the number of unsold T plots. Either these plots are empty and on sale for donkeys years or are converted into badly maintained PG or hostel kind of buildings to generate some revenue. Brokers tell me that there are plenty of T junction plots in well developed areas of Bangalore which no one wants to touch.

When the value of the property goes beyond a threshold value , all these things make a huge difference. Buyers become more and more fussy and choosy as you move up the price index. As I said before, I am not a believer and would be happy to take advantage of market idiosyncracies that don't affect me. But at the same time I don't want to end up spending a huge sum + a big loan, on creating an asset that is unmarketable in future for me or my dependents. With cars I never consider resale value as important and don't mind buying unconventional cars as long as I long I like it. But I am unable to apply the same logic to a house property. I know how fussy buyers can be. I myself have been rejecting almost everything the agents have been showing me due to one point or the other. Property prices have reached such levels here, that at these budgets, the buyer has a lot of different options.
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Old 27th July 2020, 16:51   #2314
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Re: The Property / Real Estate Thread

So much has changed since March, 2020. My friends are grabbing deals, left and right. Let's see. I'm hoping for the best
Quote:
Originally Posted by Samurai View Post
25L within Bangalore city is impossible. I sold a 60x40 site in 2017 for 25L near Jigani (beyond Bannerghatta park and Sarla Birla School), which is about 14 kms from IIM-B. Most of my neighbors there thought I sold it for a song, they were all waiting to get 35-40L. I sold it because I found it too far to everywhere.
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Old 27th July 2020, 17:19   #2315
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by Santoshbhat View Post
Lots of ideas and suggestions there, thanks! I've been on the lookout for nearly a couple of months now and I find that T junction plots are a problem in the market. South facing is not such a big issue. Brokers show me these T plots hoping that I'm not aware of these things. Once I tell them that this is a T plot, they immediately drop the asking price by about 15% and say that such plots are extremely difficult to sell.
Sorry for a noob question, but is the below X spot an example of a T Junction plot?

What are/can be the reason for low sales of such plots? Other than vaastu, any specific/probable reasons (like traffic noise, etc.) - don't really believe /care about vaastu hence asking.

| |
| |_________
| __________
| |X
| |

Last edited by ninjatalli : 27th July 2020 at 17:21.
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Old 27th July 2020, 17:27   #2316
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by ninjatalli View Post
Sorry for a noob question, but is the below X spot an example of a T Junction plot?

What are/can be the reason for low sales of such plots? Other than vaastu, any specific/probable reasons (like traffic noise, etc.) - don't really believe /care about vaastu hence asking.

| |
| |_________
| __________
| |X
| |
No,
The plot which is at the dead end of the road is the T Junction plot.

Imagine driving a car without brakes down the road. The building/plot that you will hit if you go straight without any evasive maneuvering is the T Junction plot
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Old 27th July 2020, 17:40   #2317
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by ninjatalli View Post
What are/can be the reason for low sales of such plots? Other than vaastu, any specific/probable reasons (like traffic noise, etc.) - don't really believe /care about vaastu hence asking.
Let me put on my Vastu expert cap on. Ok, there is very scientific reason behind it. It can be explained using bernoulli's principle.

When wind is forced to pass through a narrow channel like a road, with houses on both sides, the wind velocity will increase. This increase in velocity will create a low pressure area all along the road, which sucks out bad juju or negative energy from every home in that road, and it is carried with the fast moving wind. All that negative energy gets dumped into the T junction plot at the end of the road. See... it is all very scientific. Same principle makes all the aircraft fly.

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Last edited by Samurai : 27th July 2020 at 17:41.
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Old 27th July 2020, 18:02   #2318
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by ninjatalli View Post
Sorry for a noob question, but is the below X spot an example of a T Junction plot?
This one - the plot X faces the T junction.

| |
| |_________
| __________X
| |
| |

Last edited by NPV : 27th July 2020 at 18:29.
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Old 27th July 2020, 18:36   #2319
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by Samurai View Post
. See... it is all very scientific. Same principle makes all the aircraft fly.
I'm basically on this thread for your wise and valuable insights on such matters.
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Old 27th July 2020, 18:47   #2320
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by NPV View Post
This one - the plot X faces the T junction.

| |
| |_________
| __________X
| |
| |
It may not have anything to do with a T here does it? The location you have marked is Dead end really.

A house/plot, situated at such a location that if you are driving on a road and lose the braking and steering abilities of the car, that house/plot which you would hit/plough into straight is actually THE site that we are all referring to.

But hey, Samurai neatly explained it with the wind principle

Last edited by paragsachania : 27th July 2020 at 18:48.
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Old 27th July 2020, 19:05   #2321
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by NPV View Post
This one - the plot X faces the T junction.

| |
| |_________
| __________X
| |
| |
Err.. I think T junction plot is this one:

| |
| |__________
X| ___________
| |
| |

PS: I never knew such a thing even existed! I always thought a T-junction is so convenient, you can directly drive in your car with no required turns etc. Who knew even Bernoulli objected!

Last edited by ValarMorghulis : 27th July 2020 at 19:09. Reason: added text
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Old 27th July 2020, 19:44   #2322
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by ValarMorghulis View Post
Err.. I think T junction plot is this one:

| |
| |__________
X| ___________
| |
| |
Sorry that's just some local gunda who's built his house in the middle of the road

Quote:
Originally Posted by Samurai View Post
Let me put on my Vastu expert cap on. Ok, there is very scientific reason behind it. It can be explained using bernoulli's principle.
Saaaar. I think Bernoulli just shifted a bit in his grave thanks to vastu-power.
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Old 27th July 2020, 19:45   #2323
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by paragsachania View Post
A house/plot, situated at such a location that if you are driving on a road and lose the braking and steering abilities of the car, that house/plot which you would hit/plough into straight is actually THE site that we are all referring to.
Quote:
Originally Posted by ValarMorghulis View Post
Err.. I think T junction plot is this one:!
I think all are correct

NPV mentioned plot which X faces the T-junction. X is a person
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Old 27th July 2020, 19:53   #2324
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by Samurai View Post
Let me put on my Vastu expert cap on. Ok, there is very scientific reason behind it. It can be explained using bernoulli's principle.

Attachment 2035204
That was too good.
BTW, don't give ideas to the broker community. Next you hear is they will say Bernoulli's law will bring in all the good from all the houses to the T junction plot. So its a premium now.
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Old 27th July 2020, 20:03   #2325
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Re: The Property / Real Estate Thread

Quote:
Originally Posted by ValarMorghulis View Post
Err.. I think T junction plot is this one:

| |
| |__________
X|. |__________
|. |
| |
What I mentioned was the plot facing the T, but this one is the one bang on the T junction and this too is considered bad as per vastu from what I've heard. I'm neither a believer nor an expert
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