UDS 60% is really good. In east tambram 50% to 60% UDS is very common. If you let out 3 B with 900 sq feet with fair interiors, you may get around Rs. 6000-8000 as rent.
What is a good UDS?
In any project, the undivided share of land (UDS) should conform to the FSI permitted in the building plan. Normal FSI is 1.5 and hence, in most cases, 1.5 times the land should be the flat area.
What is UDS percentage?
UDS is the ratio of the size of one apartment to the total built-up area of all the apartments.
How is UDS calculated in Bangalore?
The UDS can be calculated by multiplying the total land area with the size of the individual apartment (3,500*1,000) in this case and dividing the result by the sum of areas of all apartments which is 1,000*5=5,000. Hence UDS =1,000*3,500/5,000 =700 square feet.
What is meant by UDS in apartments?
This portion is called as ‘Undivided Share of Land‘ (UDS). It is a part of the plot given to the owner of the flat in an apartment complex on which the entire structure is built. This share of land has no defined boundaries and each and every flat built on that particular plot will have associated UDS.
How important is UDS?
The property appreciation depends on the land value (UDS) and not the concrete building. It is important to understand and ensure the UDS of the individual flat before buying it. … In a flat system, it is necessary to check the undivided share (UDS) which will determine the value of the property.
Who owns the land of apartment in India?
In India, there are two ways the land ownership is determined as to when a block of apartments is constructed on the plot. The flat/apartment owners must decide whether they wish to form: An association of apartment owners. A Cooperative Housing Society.
What happens to a flat after 50 years?
Generally multi storied apartments are governed by owners associations. Once a majority of them decides to demolish it, irrespective of the age of the building, each owner will have ownership of their UDS ( un-divided share ) of the land. Well designed buildings can go on for more than 50 years easily.
What will happens to apartment after 100 years?
After 100 years you (your grand children) will get a notice stating the lease is over. You would then have two options. Vacate the property or renew the lease. It would be foolish to vacate the property and most legal fights going on are when the gov refuses to renew a lease term as the property.
How do you calculate carpet area?
How to Calculate Carpet Area. Inner wall area + floor area = Carpet area. Multiplying the length and width of each room, inner walls, inner corridors, etc., and then adding them all up would give you the carpet area of the house.
Should I pay for super built up area?
The stamp duty shall be paid on the super built up area only since the buyer is purchasing the super built up area. There is no such thing in any municipal act for super built up all over india you can find built up area. You can ask builder show your plan where it’s mentioned super built.
What is Builtup area?
Built-up area is the total area measured on the outer line of your flat, including balcony, terrace, etc. It refers to the usable (or carpet area as described below) of your flat plus the area occupied by the walls and columns of your flat plus a little more.
What is the lifetime of an apartment in India?
The life span of a concrete structure is about 75–100 years, the average life span of an apartment is 50–60 years and a house is average 40 years. Although Eco-friendly and green constructions have a longer life span, minimal maintenance can help increase the life span of any building.
What are RERA rules?
RERA stands for Real Estate Regulatory Authority came into existence as per the Real Estate (Regulation and Development) Act, 2016 which aims to protect the home purchasers and also boosts the real estate investments. The bill of this Parliament of India Act was passed on 10 March 2016 by the Upper House (Rajya Sabha).
Can undivided share of property be sold?
If your undivided family’s property is partitioned among the member under a proper partition deed, your portion of property can be sold without the consent of other members as you become sole owner of your share. If such deed is not written, you have to get the same prepared and got signed by all family members.