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Sunday, March 14, 2010

Effective RPSF

Effective Rs/square feet (ERPSF).

Lot of developers try to make fool of customers by using RPSF @ a different step in calculation.


Effective Rs/square feet (ERPSF) =
         Total Cost (including registration, taxes)/SBA(super built-up-area)


Gopalan Grandeur has 2bhk of 1420 sq ft apartment available for 47.2L (including reg, taxes).

Effective RPSF = 47.2/1420 = 3323

Compare it with SJR unity, 3bhk of 1250 being sold @ 36 Lacs (incl reg,tax)
            = 3600000/1250
            = 2880

The possession of SJR Unity will take at least 2 years.

A deal of SJR Unity's 3BHK is bad compared to Gopalan Grandeur's 2bhk.

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