Comments on: Independent house vs. apartment – part 3

By: Priya

Priya — Tue, 30 Dec 2008 11:04:51 +0000

Great post! Was researching on this topic, it turned out to be extremely informative…

By: Vivek

Vivek — Tue, 12 Aug 2008 10:14:23 +0000

given the difference in cost alone (30 versus 80 lakhs), you could go in for the independant home. You could invest some money into security or even employ a full time guard.

By: Sriharsha

Sriharsha — Sun, 10 Aug 2008 02:50:19 +0000

Pls. guide me.

I am in a dilemma whether to construct an independent house in my plot of 267 sq. yards in Moula Ali, Hyderabad. For construction of around 2000 sq. ft of built up area it may cost around 30 lakhs.

Or to buy an apartment in a central locality of Hyderabad. An apartment of 2000 sq. ft costs anywhere more than 80 lakhs plus (@ the present high cost of 4000/- to 4500/- per sq. ft) which is very expensive, and without the comforts and facilities of an independent house with open place.

Where is the security for an independent house if go out of station? Maintenance of garden and premises is also a pain.

Pls. advise.

By: Independent house vs. apartment - part 5 | aavaas

Independent house vs. apartment - part 5 | aavaas — Sat, 21 Jun 2008 15:56:31 +0000

[...] who has read part 3 & part 4 would know in which direction my views lie. But if I have learned anything in life, it [...]

By: Kathy

Kathy — Wed, 18 Jun 2008 19:44:43 +0000

Thanks from me as well for the explanation!

By: Independent house vs. apartment - part 4 | aavaas

Independent house vs. apartment - part 4 | aavaas — Wed, 18 Jun 2008 17:58:29 +0000

[...] Continuing from here [...]

By: Vivek

Vivek — Thu, 12 Jun 2008 18:31:11 +0000

thanks for this explanation williams. Now I know what FSI means.

By: Williams

Williams — Fri, 06 Jun 2008 18:55:06 +0000

Not a stupid question at all. Actually, stupid of me to skip that part in the post.

FSI is the ‘floor space index’. It dictates how much floor space you can construct within a given plot of land. If the FSI is 8; for a 1000 sq metre plot, we can construct 8000 sq metres of floor space legally.

In Indian cities, FSI is set at absurdly low levels. The limit in Tamil Nadu is set at 1.5; in Mumbai it is 1 in the suburbs. They have now raised this to 4 for redevelopment of older buildings.

Compare this with FSI of 30 in Manhattan and 8-34 in places like Hong Kong & Dubai.

By: Kathy

Kathy — Wed, 04 Jun 2008 17:51:35 +0000

I have a stupid question: What is “FSI”?