Published at Thursday, February 14th, 2019 - 06:19:23 AM. Apartment. By .
The Concept of Low Cost Apartment in Nepal Whenever, we see an advertisement in daily newspaper referring to Apartments available in 13 Lakhs to 14 Lakhs, we do not try to understand more about it. People rush to the Apartment office or the site office. I myself was very surprised, when I went to the Mero City Apartment office in Hattiban. The site was packed with visitors cars, as if a wedding reception was going on. Inside the office were around 20 Sales girls. All were busy explaining their apartment features to the customers. In fact, when I asked for the brochure, the number of brochure also had finished. The hall was packed with customers and I could see some bookings were done. The model apartments and the computer aided 3D movie were in display. People were busy viewing it. The price range of the Apartment was amazing. The price range of the Mero City Apartment varied from Nrs 1,500,000 for 1 BHK (386.45 sq.ft) to Nrs 4,000,000 for 3 BHK (1013 sq.ft) Similarly Eastern Apartment by Aayusha Developers a subsidiary of Oriental Builders Pvt. Ltd in Kaushaltar also was a huge attraction for Apartment buyers. The builders have opened the booking for only 348 of the total 448 apartments. However, they were able to sell 50% of the total booking in just first 5 days. The huge response from the customers surged the developer to call all the 448 units on booking. Due to the huge demand, the developer requested the interested buyers to fill up an application form along with a cheque of NRs 10,000. The applicant would get the apartment on first come first serve basis. These are the basic strategies for Developers which was already been implemented by Guna Colony for their sale of their Bhaisepati Apartment. Then, they had opened booking for the Bhaisepati Apartment price starting from 13 Lacks. There was huge respondent to the Apartments in Bhaisepati which was organized in the Real Estate Expo in Bhrikuti Mandap, Kathmandu. Most of these apartment sizes is ranging from 386.45 sq.ft to 548 sq.ft. The apartment size of 300-500 Sq. ft is very small for a family to live in and are similar to Studio Apartments abroad. These kinds of Apartments can adjust 1/2 people in a family to live in. The Rooms are very tight and no space for adding more luxury items. The customers must not just make their decision by viewing the 3D Modeled video. The actual room and the customers view before buying the apartment might actually just not match. Another important factor to decide before making the booking is that the customer must check the background of the Apartment Developers. Normally, we must only trust experienced Apartment Developers. These low cost apartments that are coming up in the market have been raising huge amount of funds from the market for the Proposed Apartment/Housing. The delivery and execution of these apartments is a real challenge and we must wait and see, if they can really develop these projects and their handover to their customer. So far, the construction of any of these low cost apartments has not started yet. Some established developers claim that the price the low cost apartments are offering is suspicious. Some claim that these low cost apartments are very expensive if one calculates the rate per sq ft. Such small apartment size is not feasible for a family to live in. The Eastern Apartment is the least expensive with price per sq. ft of Nrs 2,890 followed by The Sun City. The most expensive is the Imperial Court. However the target market for both the apartments is completely different as Imperial Court is a Luxury Condominium. And when we compare the different apartments, all has different facilities. Some important comparison factors of the facilities for different Apartments are as following: 1. Location of the Apartment 2. Number of Lifts 3. Size of the Balcony 4. Project Land Site Area 5. Size of the swimming pool 6. Open Area 7. Distance from the city 8. Quality of finishing goods and specification 9. Developers profile & Construction company associated The Apartment buyers must also think in mind the extra facilities the Apartment has. Normally, these apartments will have very poor infrastructures and facilities. They might actually come up with a very small swimming pool & very less open space. And not to forget is the fact that these low cost apartments come with hidden cost. Mero city Apartment comes with cement flooring. If you want a Parke ting or tiles on the floor, you will have to add all the internal decorative items for the Apartment. Mero City offers the following features: * Kitchen: Tiles, Sync * Flooring: Cemented * Wall: Distemper Things you have to add by yourself 1. Mostly, the modular kitchen 2. Bathroom sanitary items 3. Electricity bulbs 4. Flooring Tiles or Parke ting This will at least cost you Nrs 400,000 to 500,000 for the completion of the Apartment. So the Total cost for the 391 sq.ft Apartment is now Nrs 2,000,000 which actually brings the price per sq.ft for the Apartment to Nrs 5115.
Where to stay in Kiev, Ukraine: Kiev Apartments or Kiev Hotels? Are you planning a trip to Kiev, Ukraine? If so, you may be wondering whether it is better to stay in a Kiev hotel or rent an apartment in Kiev. The purpose of this brief article is to list here some of the factors that will hopefully help you take the decision right for you. Staying in Kiev hotels Kiev hotels vary in quality and prices. Daily rates for some of them start from around USD50 per night, but usually hotels within this price category are located outside Kiev downtown and have pretty Soviet-like style. The average hotel rooms cost about USD100 per night and provide major amenities that you may need while in Kiev - room with a bathroom and hot water, telephone line, satellite or cable TV. More expensive hotels can provide high speed Internet and other nice amenities like hotel gym or nice swimming pool. Charge for some Kiev hotels includes breakfasts that may be pretty convenient way to start your day. The daily rates for some of the most expensive Kiev hotels are around USD500 per night. Advantage of staying in a Kiev hotel is the ability to check-out any day you wish or extend your stay for as long as you want. Also, every-day cleaning, room service, some in-house restaurants, cafés, gyms, swimming pools can be a nice thing to have around. Disadvantages include relatively high price for a small space you are getting, and low privacy. Staying in Kiev apartments Renting an apartment in Kiev is becoming increasingly popular among foreign guests to Kiev. Kiev apartments provide a lot of space (one-bedroom, two-bedroom or even three-bedroom apartments), excellent western-standard renovation, variety of amenities. All of Kiev apartments have telephone lines, cable TV, fridge, oven, kitchen with everything you may need to avoid expensive Kiev restaurants. Many apartments have satellite TV with numerous international channels, air-conditioning, CD-players, DVD-players. Some apartments have high-speed Internet or Jacuzzi. Prices for Kiev apartments vary depending on the amenities and the exact location of any specific apartment. In particular, apartments in the very center of Kiev near Khreshatik St. and Independence Square are much more expensive than those further from Khreshatik or in other areas of Kiev. Accordingly, rates for the apartments vary considerably depending on those factors. The least expensive one-room apartments outside Kiev center can be available at the rates starting around USD30 per night, the most expensive luxury apartments can cost up to USD300 per night. The average rates are around USD60 for a studio, USD80-100 for a one-bedroom apartment, USD120-130 for a two-bedroom apartment. The above rates tend to change and may be different at the time you are reading this article. There are no two Kiev apartments alike. It is not a hotel where you book one of the rooms which are all nearly the same. All of Kiev apartments are unique. Though, it is obviously an asset of apartments, it has also some downsides. In particular, it may be hard (if not impossible at all) to change the dates of your stay. For example, if you want to extend your stay in the apartment for a few days more, the apartment may already be booked by someone else. On the other hand, if you want to leave the apartment earlier, you will be required to cover for the whole period of your booking anyway, since the apartment was kept for you, and all other clients interested in the same dates were refused. The above disadvantages can be easily eliminated by more careful and thorough planning of the exact dates of stay. The same uniqueness of the apartments causes another inconvenience. Landlords of good apartments are reluctant to commit to bookings shorter than five nights. If someone agrees to book an apartment for a shorter period, it often means that they will accommodate you in any apartment available at the date of your arrival. One-three night stays are not attractive for apartment landlords and agencies at all, so they will hardly be able to book anything specific. Exception is the situation when there is a few day opening between other bookings that fits the dates you are interested in. Four-night stays are somewhere on the edge. The agencies may book a specific apartment, but there is always a chance that its landlord will let the agency down and do not keep the apartment for such a short period. In order to book a Kiev apartment, you will be required to provide a booking deposit in the amount equal to a one-night stay or a higher amount depending on each particular apartment and the length of your stay. Availability of specific apartments is changing very fast, and some agencies have availability calendar with bookings a few months in advance. So, it is always good idea to book an apartment well in advance, at least three or four weeks before your trip. Those are basically the major things to keep in mind when choosing between a stay in Kiev apartments or Kiev hotels. Regardless of what kind of accommodation you choose, you will enjoy your stay in this beautiful European city with so many things to offer to its visitors.
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