How to Negotiate Price at Godrej Bannerghatta?

The easiest way to get a huge discount from a big builder is to buy more than one flat at the same time. If you have friends, office colleagues, or family members who also want to buy a house, you should visit the sales office together.

When you offer to book two or three flats on the same day, the builder treats it as a "bulk booking." Because you are giving them massive business all at once, the sales head will happily drop the base price by a few hundred rupees per square foot for everyone in your group.

Builders make a lot of extra profit by charging you for the specific location of your room. These are called Preferential Location Charges (PLC) and Floor Rise charges.

• Instead of asking them to lower the basic flat cost, ask the sales manager to completely waive the PLC fee for a park-facing unit.
• If you want a flat on the 15th floor, ask them to drop the extra floor rise charges. Sales teams have much more power to cut these extra hidden fees than they do with the main property price.

Builders always love buyers who have liquid cash ready. Most buyers choose a standard construction-linked plan where the bank pays the builder very slowly over three years.

If you have savings and can pay a large 20 or 30 percent down payment immediately, tell the sales team. When you offer to give them a huge chunk of money upfront, they will easily give you a special "Down Payment Discount." This can drop your final bill by a very large amount.

Sometimes, the builder's computer system simply will not allow the sales team to drop the printed price any lower. If they say no to a direct cash discount, start asking for free benefits instead.

• Ask them to give you a free second car parking slot.
• Ask them to completely waive the clubhouse membership joining fee.
• Ask them to give you free modular kitchen cabinets or free air conditioners.

These items cost a lot of money in the open market. Getting them for free from the builder keeps your hard cash safe in your pocket.

The absolute best negotiation tool is paying the Expression of Interest (EOI) token money before the project officially launches to the public. Right now, Godrej is testing the market. Buyers who give the 5 Lakh token early are automatically given the lowest possible base price. Once the big launch event happens, the prices become fixed and the sales team stops listening to any negotiation requests.