Anant chaturvedi

Building systems that fix everything broken in Indian real estate.
Writing to clarify what I’m building.

[Anant chaturvedi @definedanant]

@Aptwincities @AsblIndia Is FSI the whole answer to affordability? No. But asking why FSI exists while ignoring what happens without it is like blaming the ambulance for the accident.

[Anant chaturvedi @definedanant]

@Aptwincities @AsblIndia On infrastructure, Hyderabad's model isn't actually unlimited. It's road-width based. Wider the road, higher you can build. The infrastructure capacity is built into the permission itself.

[Anant chaturvedi @definedanant]

@vijaykrishna63 @AsblIndia Prestige, My Home, Aparna and many more built here basis the same policy. Same documents same policy,
If 15+ developers all made the same bet, it wasn't insider info it was just good reading of public policy.

[Anant chaturvedi @definedanant]

@vijaykrishna63 @AsblIndia GO Ms. 168 was passed in 2012. HMDA Master Plan 2031 is a public document. These aren't private memos they're gazette notifications that every developer, investor, and urban planner in Hyderabad had access to.

[Anant chaturvedi @definedanant]

@saikumarnumb @AsblIndia So the full FSI upside doesn't get bid into land price, builders have to account for what it costs to actually build those floors. Tokyo has been doing this for 30 years. Most liveable city in Asia. Land is expensive but flats /condos not that much.

[Anant chaturvedi @definedanant]

@saikumarnumb @AsblIndia That ₹150Cr is split across 2x the flats.
You paid more for the land. But each flat is carrying less of that cost. Construction cost is the variable that breaks the 1:1 relationship. Every extra floor you build costs extra money.

[Anant chaturvedi @definedanant]

@p_sravan @AsblIndia The mistake is the way we are measuring land price. The right number is land cost per sq.ft built. That's what is passed to end user. That number goes down with higher FSI. Always.

[Anant chaturvedi @definedanant]

@p_sravan @AsblIndia Actually the opposite happens. Yes, higher FSI increases land value, it increases buildable area even more.
Ex: Land doubles in value from ₹50Cr -₹100Cr. But FSI lets you build 3x the units on it. Your land cost per sq.ft just fell even though the land got more expensive.

[Anant chaturvedi @definedanant]

@Pabba_Varun @AsblIndia Without FSI freedom, your flat would have absorbed that full 4x land cost jump. With it, builders could spread that cost across more units.

[Anant chaturvedi @definedanant]

@Pabba_Varun @AsblIndia 2019: Hyderabad land ₹50,000/sq.yd
2024: Same land ₹2L/sq.yd

Land got 4x expensive. But your flat didn't get 4x expensive. Why?
Because more sq.ft got built on the same plot. The land cost per flat was diluted by higher FSI.

[Anant chaturvedi @definedanant]

@archerabi

[Anant chaturvedi @definedanant]

@poeticalphotos Trek oe le ja isko himachal ne baith jayegi

[Hyderabad Real Estate @hyderabadprop]

Exclusive X Space session by Mr. Ajitesh Korupolu @AjiteshASBL the visionary Founder & CEO of ASBL @AsblIndia hosted by PropGo & HyderabadProp Twitter Handle !! Don’t miss this exclusive session for our followers.

Date: 4th February 2024
Sunday 7.45 PM

https://t.co/WRBqKdeDoj

[ASBL India @AsblIndia]

Ever noticed benches you can't comfortably sit on or spikes on the ground? That's hostile architecture. Let's dive into the world of designs meant to shape behaviour and question its impact on public spaces and communities.

[Ajitesh Korupolu @AjiteshASBL]

Chandigarh, India's "City Beautiful," crafted by Le Corbusier in 1952, has always fascinated me as a marvel of urban planning. Have you ever wondered about the genius behind its design? Join me to explore Le Corbusier's visionary principles that shaped this iconic city.

[Alex Colombo @AlexColomboNYC]

@Rainmaker1973 Now’s the time to buy property folks, that’s going to be beach front real estate in 5 - 10 million years!

[Ajitesh Korupolu @AjiteshASBL]

"Cost-effective houses are not just for the poor, they are for everyone." Explore the visionary world of Gandhian Architecture of Laurie Baker.👇