Confusion - is it really worth immigrating to Canada?


Jump to Page:
< Previous  [ 1 ]  [ 2 ]  [ 3 ]  [ 4 ]  [ 5 ]  [ 6 ]  [ 7 ]  [ 8 ]  [ 9 ]  [ 10 ]  [ 11 ]  [ 12 ]  [ 13 ]  [ 14 ]  [ 15 ]  [ 16 ]  [ 17 ]  [ 18 ]    Next >



Blue_Peafowl   
Member since: Dec 08
Posts: 1351
Location: Brampton, Ont, Canada

Post ID: #PID Posted on: 05-02-15 17:31:05

Quote:
Originally posted by AshwaniG

I think you forgot to factor in land cost which can be easily up to 50 % cost of whole building besides different permission and license fees that are required to be paid to the city .
If there was a guaranteed profit of 100 % every Tom, dick and Harry would have grabbed this opportunity .
I am sure that you are aware that there is no mortgages avlbl to buy a lot ( land ) . One has to have cash in hand to buy piece of land which is rare and quite expensive if its in city . Bldg a house by builder is a different ball game than individual doing it for living . It is definitely lucrative but quite risky requiring lot of efforts to put all bit and pieces in place as TIMING is most important factor starting from excavation to have the external walls built .



Quote:
Originally posted by Blue_Peafowl

I am not expert but to my knowledge...

to build a house it cost builder anywhere between $90 to $120 per sq ft ( they use cheap materials)

3000 sqft house will cost them about $300-350K to build and that house easily sale for 700k - 800K

I think Profit margin is high - of course ( all depends not how much cash they have - loans are costly)






AshwaniG : if you see my post i said already ( it all depends on how much cash they have, loans are expensive)

But its very true big builders make lot more money then we think ... i met a builder in scarborough threw close link... their cost is per sqft $92.

this is no more game for small builders


-----------------------------------------------------------------
'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)



Discussions similar to: Confusion - is it really worth immigrating to Canada?

Topic Forum Views Replies
Can I land in another city
Independent Category 1685 3
When to land in Canada:
Moving Soon 2005 4
Can I land in Calgary (Alberta)?
Moving Soon 2127 2
Can my wife get G2 license
Driving 2274 5
Confusion regarding Intended City
Independent Category 1418 2
Can I land in Toronto and then apply for H1 visa in ottawa?
Jobs 1915 1
Buying land as an investment/development in Canada ( 1 2 )
Real Estate & Mortgages 3039 8
Land in Vancouver and provide address in Toronto for PR card
Moving Soon 1535 4
No New Home Buying tax
Real Estate & Mortgages 2446 4
Rani Mukherjee duped in fake land deal - Then what about people like us? ( 1 2 )
Real Estate & Mortgages 3596 10
Building and Bursting of a 'BUBBLE'
Have Fun! 2867 1
Dual Citizenship – Any idea on land ownership?
Citizenship 4848 6
Residential Wind Turbine Energy Cost?
General 2359 6
Courses on Marketing
Moving Soon 1317 2
Canadian Citizen right to buy property in India ( 1 2 3 )
Our Native Country! 17801 18
Immigration Finalized
Ask Immigration Expert 1376 5
FTB Cost of Ownership
Real Estate & Mortgages 1392 3
QUESTION ABOUT HOUSING
Real Estate & Mortgages 1574 2
Harmonized Tax
Feedback and Comments 1479 4
How to get rented apartment before landing ( 1 2 )
Wanted 3167 7
Question about Foreign Property Declaration in Canada.
Financial Planning 3515 0
My Wife (PA) Landed and Came Back to USA , May i land now ? ( 1 2 )
Family Class 2158 9
Buying land in India- How safe is it ?
Our Native Country! 1328 3
T1135 - Foreign Spec Property: How to report vacant land in india?
Accounting and Taxation 2570 6
Best time for Landing? Places for IT opportunities? ( 1 2 )
Where to settle 7038 9
 


Share:
















Advertise Contact Us Privacy Policy and Terms of Usage FAQ
Canadian Desi
© 2001 Marg eSolutions


Site designed, developed and maintained by Marg eSolutions Inc.