Sunday, August 31, 2008

Mumbai Metropolitan Region Development Authority plans to construct 35,000 inexpensive rental homes at Tiwri village, Vasai

Mumbai to get 5,00,000 cheap rental houses:

According to the news in The Economic Times, around 5,00,000 inexpensive rental homes, targeted at low income groups, are to be built within three years in an effort to arrest the proliferation of shanties in Mumbai.

Self-contained unit measuring 160 sq. ft.!

The first lot of 35,000 houses — each self-contained unit measuring 160 sq ft — will come up in Tiwri village, Vasai, around 25 km from city, in neighbouring Thane district.

MMRDA has decided to allot the tenements in the joint names of the husband and wife if the applicants are married.

One of the eligibility criteria stipulates a minimum family income of Rs.5,000.

The rental period and monthly amount shall be decided later by the MMRDA taking into account various aspects like location, construction costs, prevailing market conditions, etc


View Larger Map

Self-sufficient Township:

The colony would be self-sufficient in terms of other infrastructure like schools, community halls and shopping areas. “We plan to construct 2,00,000 rental homes in different areas within the next one year, as per the state government’s policy to arrest mushrooming slums and illegal constructions,” Kawathkar, MMRDA joint project director, said.

Flats will be constructed by a private builder, Dhanashree Developers, over a 50-acre plot and the work is expected to start soon.

Saturday, August 30, 2008

Mori's 'Vertical Garden City' Opens Far Above Shanghai

After 14 years of struggle, controversy, and redesigns, Mori Building's Shanghai World Financial Center is China's tallest skyscraper

On Aug. 30, Japanese visionary real estate developer Minoru Mori will unveil his latest project: the 101-story Shanghai World Financial Center (SWFC). The 1,614-foot tall, bottle opener-shaped skyscraper, which towers over Shanghai's other skyscrapers in the Pudong financial district, holds the title of tallest building in China.

read more | digg story

Friday, August 29, 2008

Who is Ashish Yadav, the property price negotiator and deep discount dealmaker?

After i posted the blog - Pune Real Estate Market's Most Wanted, all are asking me, "Who is Ashish Yadav?"

Home buyers in Pune real estate market want his phone number to find out whether could they join his group and get a discounted property rates from the builders.

Pune real estate developers want to know exactly how many assured bookings they can expect from him?

The property price negotiator and deep discount dealmaker, Ashish Yadav talks about himself and his deals:

I am a complete out and out person, who never likes to stay indoors with most of my free time spent in traveling, trekking or in following football. I like talking to people and am an avid networker.

Ashish Yadav
I am working with Infosys as an Associate Consultant for last 7 months. Before this, I have worked with Kotak Mahindra Bank in retail lending division for about 3 years in various capacities like Relationship Manager, Sales Manager and Area Manager at Mumbai and Delhi markets. I am an MBA from FORE School, Delhi and a Mechanical Engineer from SIT, Pune.



Amit Kaushik, who has been an integral part of this team, has worked with Tech Mahindra before joining Infosys. We share many common interests and so things work better when like minded people come together.

I also like to thank our one more core member Tushar Bengali as we all, together, made it possible.



About Abode:

Me and a very good friend of mine, Amit were both looking to buy something in Pune. A lot of things were happening simultaneously. Infosys has a group called Insignia, which has about 80 members and they were doing something for group housing. We discussed this and thought of doing it differently. We agreed to focus on Builders and negotiate with them on their projects rather than buying land and then getting constructed. We named this effort “Abode”.



Why?

We needed to buy some property and we thought others would like to do so as well. Numbers always have strength and we thought of playing that to our advantage. The builders would negotiate because they didn’t have to go looking for buyers and buyers would get good deals (10-20% discount than the prevailing market rates). Works out to be a WIN-WIN situation.



How?

We called up some 70-80 builders, visited some 20 sites and finally shortlisted some 4-5 to negotiate further. Things happened, people were interested and we then did funneling to arrive at serious buyers (you would always find floating people who want to get CCed on everything!!).



We completed the first task in 1.5 months with a very good project at Wakad, near Hotel Ambience and did some 25 bookings there. Within some 2 days of booking there, me and Amit got a call from a very good project at Baner-balewadi and went for negotiations there. Things moved in fast and we closed the deal for 25 in 2 weeks time, with bookings!!



What next?

This start with very small thought “I want to buy a house” but ended with "We, 50 odd guys, booked flats in Pune."

Well, lets see how things work out!



Our contact coordinates are:

Ashish Yadav:
ashish.yadav@gmail.com
ashish_yadav02@infosys.com

Amit Kaushik:
Amit_Kaushik02@infosys.com

How to negotiate the property rate and get a deep discount in Pune real estate market?

Answer is "number of bookings"!

So, like Ashish, if you are negotiating with some builder and want enough numbers to make a deal, please, share your info in the comments.

Or if you want to join a group interested in booking at certain project, share your interest in the comments.

This is not going to happen in a day or two so keep yourself updated subscribe for free to my Ravi Karandeekar's Pune Real Estate Market News Blog.

If you want to publish about you or your group, please, send me the info in the above format.

To know more about my other blogs, please, visit and join my Google Group, Ravi Karandeekar's Pune Real Estate Blog Group! Unite and get the best deal in Pune real estate market!

Vilas Javdekar and Associates of Palash 2 to launch 3 bhk flat for 36 lakhs, all inclusive!

Now,
pay just Rs. 4.3 Lakhs and own a 2 bhk flat
OR
pay just Rs. 5.3 Lakhs and own a 2.5 bhk (3 bhk) flat
in Wakad

'No EMI till possession if you give Advance Loan disbursement' scheme works!

Green Umbrella scheme had worked wonders! Looks like that Vilas Javdekar and Associates have sold out all 2 bhk flats in Palash 2!

Now, they have given up the idea of an "un-boxed living" for once and all. New 2 bhk flats, in wing I, are "traditional flats"! Saleable areas of these new 2 bhk flats are only 962 and 977 sq.ft.. (Not 1293 - 1340 sq.ft.)

Plus, the new wing I, which will be constructed where the sample flat is, also has 2.5 bhk flats (3 bhk flats) whose saleable areas are 1216 and 1230 sq.ft.

Now, pay 12%!

While successfully selling high budget 2 bhk flats in Pune real estate slow down, Palash 2.0 has realized how much amount you can easily shell out to save your EMI till you get the possession.

As per the old Green Umbrella scheme, you were paying 4.5 lakhs, means only 10% before the registration of an agreement but now you have to pay 12% means 4.3 lakhs for 2 bhk and 5.3 lakhs for 2.5 bhk (3 bhk) flat!

Discounts and special offers in Pune real estate market:

Ravi Karandeekar's Pune Real Estate Market News Blog has become a blog of special offers and deep discounts in Pune real estate market.

Here, we all share info about the best deals in Pune real estate. Because the end user, actual buyer follows his own time table. Real estate investor may look for the real estate slow down or real estate boom in Pune. Not the home buyer!

So, be in the know. Subscribe for free to my Ravi Karandeekar's Pune Real Estate Market News Blog.

To know more about my other blogs visit and join my Google Group, Ravi Karandeekar's Pune Real Estate Blog Group.

Share your tips in the comments and let us all get the most out of this blog.

Related Stories:

1) An exclusive offer from Palash-2, Wakad- No EMI till possession if you give Advance Loan disbursement to the builder (!)

2) Palash 2 at Wakad - only few flats are available for booking!

3) Now, Topaz Park, Park Street phase 3, at Wakad offers discount of Rs. 300 per sq.ft. against 'advance' disbursement of loan or 100 % down payment!

4 Wakad and Thergaon - real estate investment destination in Pune for Mumbai property buyers

Tata Communications launches work from home services in India

Tele-working will now be for real:

Tata Communications (formerly VSNL) has launched an innovative service, which enables employees of BPOs to work from home. This service will be of immense value to IT enabled Services (ITeS) companies allowing them to give their employees an option to work from home, while maintaining the security and confidentiality necessary for their businesses.

The Tata Communications' Work From Home solution allows companies to empower their employees to tele-work in a secure and cost effective manner. Tata Communications offers this facility as an overlay on its world-class IP-VPN/ MPLS network.

Tata Communications has been closely working with its IT and ITeS sector customers to develop customised managed network and application services for the two verticals. This path-breaking service has been introduced by Tata Communications within days of the Department of Telecommunications permitting other service providers (OSPs, typically BPOs, call centres, tele-marketers, etc.) to appoint extended agent position or work from home.

This is a win-win solution for both employers and employees. Employees are expected to benefit in terms of reduced travel time and being able to maintain a better work-life balance. Employers would gain by way of lower real estate and administrative costs and availability of alternative talent pools, for instance home-makers, to meet their staff growth plans,” said Sunil Joshi, president of the Enterprise Business Unit (India) at Tata Communications.

The Indian ITeS industry, according to a recent Nasscom study, could grow by 45-50 per cent per annum over the next 5 years and provide 2 million additional jobs. One of the biggest challenges that ITeS organisations face is the increasing cost of providing services in urban markets in the light of increasing real estate and salary costs and shortage of skilled manpower and urban infrastructure. The Work From Home solution will enable ITeS organisations to build aggressive growth strategies by tapping into newer and lower cost talent pools, including part-time workers and emerging manpower in tier-2 and tier-3 cities.

The Work From Home Solution would also go a long way in improving the quality of life, for many of the nearly million employed in the ITeS sector. There would also be the added benefits of reduced pollution and lower pressure on transportation infrastructure due to reduction in travel requirements.

About Tata Communications:

Tata Communications Limited (NYSE: TCL) is a leading global provider of the new world of communications. The company leverages its Tata Global Network, vertical intelligence and leadership in emerging markets to deliver value-driven, globally managed solutions to the Fortune 1000 and midsized enterprises, service providers and consumers.

The Tata Communications portfolio includes transmission, IP, converged voice, mobility, managed network connectivity, hosted data center, communications solutions and business transformation services to global and Indian enterprises and service providers, as well as broadband and content services to Indian consumers. The Tata Global Network encompasses one of the most advanced and largest submarine cable networks, a Tier-1 IP network, connectivity to more than 200 countries across 300 PoPs, and more than 1 million square feet of data center space. Tata Communications serves its customers from its offices in 80 cities in 40 countries worldwide. Tata Communications has a strategic investment in South African operator Neotel, providing the company with a strong anchor to build an African footprint.

The number one global international wholesale voice operator and number one provider of international long distance, enterprise data and Internet services in India, the company was named "Best Wholesale Carrier" at the World Communications Awards in 2006 and was named the "Best Pan-Asian Wholesale Provider" at the 2007 Capacity Magazine Global Wholesale Telecommunications Awards for the second consecutive year.

Now the leading integrated provider to drive and deliver a new world of communications, Tata Communications became the unified global brand for VSNL, VSNL International, Teleglobe, Tata Indicom Enterprise Business Unit, and CIPRIS on February 13, 2008.

Tata Communications Ltd. is a part of the $55 billion Tata Group; it is listed on the Bombay Stock Exchange and the National Stock Exchange of India and its ADRs are listed on the New York Stock Exchange.
Tata Group | Tata Communications | Media releases

Thursday, August 28, 2008

Pune Real Estate Market's Most Wanted

Balewadi Baner: Property Rate Rs.2,600 per sq.ft.!

Builders are more than happy to reduce the property rates.

Yes, even in Balewadi Baner, builders can give you a deep discount. Instead of Rs.3,400 per sq.ft., you can book a flat at Rs. 2,600 per sq.ft.! But..to negotiate and execute this kind of a deal, you need someone, like Ashish Yadav!

Ashish negotiated a deal with Gayatri Builders. Because of this deal Gayari Builders is giving away 25 flats of Bravuria at S. No. 115, Baner - Balewadi Road, Balewadi, to his friends from Infosys at Rs.2,600 per sq.ft. Out of 25 flats 19 are already booked. The sales executive says, "for sure, rest will be booked by the weekend!"

Subscribe, share and get the best deal!

Gayatri Builders' deal is just an example. Ashish says few more are in the pipeline. This proves two things:

1) Builders are open for negotiations. They are looking for someone, like Ashish Yadav, who can deliver the bookings at the negotiated rate. That's why Ashish has become the most wanted person in Pune real estate market.

2) I am blogging this because Mr. Anonymous shared this information in the comments on my blog: "Kunal Sancheti Associates's Venezia at Baner continues with the special introductory offer of Rs.3,400 per sq.ft.".

Thank Mr. Anonymous and share your tips about the special offers, discounts and exclusive deals in the comments.

To make most out of my Ravi Karandeekar's Pune Real Estate Market News Blog, if you are visiting this blog for the first time or haven't subscribed yet, subscribe for free and get email of my blog in you mailbox.

In short, to get the best deal in Pune real estate market share and subscribe to my blog and join my Google Group for free!

Wednesday, August 27, 2008

Karan Rhea, off Kharadi Magarpatta road, near Kumar Primavera, offers 1 bhk flat in 22.7 to 23.5 lakhs!

It's Kalyani Nagar Annex!

I liked the location of Karan Rhea. It is on the Kharadi Magarpatta road. Plus, under construction, D. P. road connects you to "Adlabs Multiplex" at Kalyani Nagar. Which transforms this part of Vadgaonsheri into Kalyani Nagar Annex.

1 bhk terrace flat with amenities:

Property rate at Kumar Primavera and Karan Rhea is same. Rs.3,000 per sq.ft. But Karan Rhea has 1 bhk flats. Which Kumar Primavera doesn't.

Or if you compare it with other projects, which have 1 bhk flats, in the same area, only Karan Rhea has all amenities of a township - Multi Purpose Hall, Amphi Theatre, Childrens Play Park, Swimming Pool, Skating Area, Well Equipped Gymnasium and many more!

Budget: less than 24 lakhs including every thing:

In the present economic conditions, it's safe to go for the moderate budget flat. One of my reader from US told me. Was my friend in US more nervous than us? No, he was more realistic. What do you think? Do you find 1 bhk terrace flat, saleable are 641 or 774 sq.ft., including every thing in the budget of Rs. 22.7 or 23.5 lakh, with all amenities, at Kalyani Nagar annex, worth considering?

Subscribe and share:

In this real estate slow down and rising inflation, you will agree with me, buying property has become a risky decision. But, we can reduce the risk to certain level by sharing info and views in the comments. This is my intention behind the blogging.

Here, Ravi Karandeekar's Pune Real Estate Market News Blog, what you share in the comments is as important as i my writing. So, please, share your views and tips and make this conversation meaningful. Subscribe for free to receive each blog in your mailbox and keep yourself updated to make most out of this!

To know more about Karan Rhea and Karan Group, please, visit www.karangroup.com

Karan Rhea:
Call: Makarand: 91 97301 91919
SMS: KARAN to 54646
sales@karangroup.com

Karan Group
Promoters & Builders
Regd. Office:
4. Abhivadan Apt., 1284,
Shivajinagar, Opp. Balgandharva Rangmandir, Pune 411005
Tel: 020-25539298/99
Fax: 020-25539154
info@karangroup.com

Suyog Development Corporation says 2 bhk and 3 bhk flats are available at Suyog Shivalay, behind Nirmiti Showroom on Sinhagad road!

Good advertising = Good construction ..?

Other day, i was amused to see the small display ad of Suyog Development Corporation in Sakal Property Today. The ad talked about the golden opportunity to book a 2 bhk / 3 bhk flat at 'Shivalay' in the auspicious month of Shravan!

I have never seen Suyog Development Corporation's ad in the newspaper. I thought, i must congratulate Bharatbhai Shah for this. I called but could not talk to him. He was out of town.

I have not visited the site of Shivalay. I have only seen the e-brochure on the website. But for me, Shravan or Falgun, any month is "auspicious month" for booking a flat in Bharatbhai's scheme. I am his fan. In my real estate advertising career, i have seen more than 100 small and big builders in Pune, very closely. But very few have impressed me as a person and as a builder. Bharathbhai is one of them.

At Shivalay, property rate is Rs.4,200 per sq.ft. and 2 bhk flat fits in the budget of 47 - 49 lakh and 3 bhk flat in 70 lakh (approx). To know more, call 91 93702 60025 / 91 93721 70025.


If you visit the site, please, tell me your opinion in the comments. Because many confuse excellence in advertising with the excellence in construction. For example...Rohan Builders! I hope, you will get to see "quality construction" at Suyog Shivalay!

If you like to get updates like this, please, subscribe for free to my Ravi Karandeekar's Pune Real Estate Market News Blog and to know about my other blogs, please, visit my Google Group, Ravi Karandeekar's Pune Real Estate Blog Group. If you want to give me some exclusive info, please, call me on my mobile 91 98600 44110.

How to own a piece of paradise near Eklavaya College, Kothrud, Pune

Last Sunday, I saw an English ad in Marahti newspaper Sakal. Head line was "A piece of paradise is now yours to own." The ad had a visual of a brick. "saarrthi aavyakul" letters were engraved on the brick. The ad was about a real estate project by SAARRTHI group.

I called the mobile number printed in the bold type, at the bottom corner of the ad. A person who took the call said, "Project is of 4 buildings and 2 bhk and 3 bhk flats," When i asked the property rate he said, I had to visit the site.

So, i went to the site and sat on the sofa kept outside the cabin. Handsome person came and sat in front of me. "Are you here for an inquiry?" he asked me. I said yes, and told him about my call. He said he is the same person. I said good.

He opened the spiral bound folder, of the color printouts, laying on the coffee table.
He put his finger on the first page and said this is the layout - 4 independent buildings and he turned the page.
Amenity space - finger on the printout - he turned the page.
Finger - swimming pool - on the 10th floor! - he turned the page.
2 bhk flats - finger - inside - garden view and 3 bhk flats - finger - out side - hill view.
And he closed the folder.

"Impressed! Sample flat?" i asked.
He said, "Not, yet".
"Brochure?" I asked.
He said, "Not, yet"
"Website?" i asked.
He said, "Not, yet"
"OK!" I said.
"I am dying to know! What's the rate?" i asked.
He said, "Special offer! Toady is the last day. Only Rs.4,399 per sq.ft. From tomorrow, Rs.4,600 per sq.ft.!"
"Really?" i said in disbelief.
He said, "Should i make a receipt?"
"Receipt! I stay on Paud Road. I am not from Paud." I said.
He did not believe in me. He was looking at me as if i had come down from the fool's paradise.

Pune real estate blog:

I am Ravi Karandeekar.

I am from Blogosphere.

You can subscribe for free to my Ravi Karandeekar's Pune Real Estate Market News Blog.

You can visit and join my Google Group - Ravi Karandeekar's Pune Real Estate Blog Group.

You can call me on 91 98600 44110 and talk.

Really!

Monday, August 25, 2008

Shree Bal Developers offers special Ganapati discounts on property rate for Kapil Upavan at Chaitraban, Bibvewadi, Pune

Real estate price: Rs.3,700 per sq.ft.

When you visit any housing project in Pune real estate market, please, start your conversation with "Ganpati Bappa Moraya!" and without asking you will come to know about the special discounts to celebrate the festival.

Instead of "Hello!" many property buyers in Pune have used "Ganpati Bappa Moraya!" on the phone and, i am told, got discounted property rates. Yes, Pune real estate market loves Lord Ganesha. But builders in Pune feel shy about the discounts so you have to take an initiative!

For example, the headline talks about the convenient location of Kapil Upavan, Bibvewadi off Satara Road in Pune, but the real intention of the ad is to announce a special offer of Rs. 3,700 per sq.ft. Shree Bal Developers feels shy to talk about 10% discount on the old property rate of Rs. 4,140 per sq.ft. but they are doing their best to make you happy. Now, 2 bhk flat fits in the budget of Rs.45 to 47 lakh and 3 bhk flat around 55 - 58 lakh.

What about Kapil Tranquil Greens on Baner Road?

Do you expect a separate ad for Kapil Tranquil Greens, which 'helps you strike a close dialogue with Nature..(!)'? Come on..be creative...try "Ganpati Bappa Moraya!"! Try it even when you visit Kapil Malhar Phase II on Baner road, Kapil Aasmant off Pashan Sus road and Kapil Bakul at Baner

Property rates in Pune:

If you want to know about music in Pune visit Pune Music Circle.

But for the property rates and special offers in Pune, please, subscribe for free to my Ravi Karandeekar's Pune Real Estate Market News Blog

And visit my Google Group, Ravi Karandeekar's Pune Real Estate Blog Group, to know more bout my other blogs.

Call me on my mobile 91 98600 44110and tell me how much discounts you got from the builder. When you call me, you can say, "Hello!"

Contact

Kapil Upavan:
Umesh: 91 99229 01845 / 91 99229 01843

Kapil Malhar - Mr. Deepak Bhatia - Sales Mgr.
Call: +91-020-27291850
Cell: 9922901850

Kapil Asamant - Mr. Milind Patil - Sales Mgr.
Call: +91-020-32909511
Cell: 9423011509 / 9922901845

Pune:
Office No. 9, 3rd Floor, Agarkar Bhavan, Lal Bahadur Shastri Road, Pune 411 030.
Call: 91-20-2433 63 72 / 2433 28 35. Fax: 91-20-2432 09 08.

Mumbai:
4, Buona Casa, Sir P. M. Road, Fort, Mumbai 400 001.
Call: 91-22-226 637 40 / 226 643 36 Fax: 226 620 51


email: sales@shreebaldevelopers.com

enquiry@shreebaldevelopers.com

Know our Political Leaders - Courtesy PIL on Sharad Pawar

Here is a startling report on our great leader from Maharashtra who has played the kingmaker role in Indian politics.Yes it is none other than our Sharad Pawar of NCP whose tenure of 6 times as Member of Parliament, Chief Minister, and Cabinet Minister Roles at the center, Chief of BCCI and many roles prospered him for generations.Thanks to certain P.I.L (Public Interest Litigation) which brought some highlights on Pawar’s wealth for common citizen’s references.

read more | digg story

Saturday, August 23, 2008

Pune Real Estate Market News!

Indradhanu at Vanaz on Paud road, Kothrud to open bookings of 2nd phase:

I am sure, Mr.Anonymous was not the only one, most of you must have said, "Ravi, enough of Tanaji Malusare City (TMC) at Karjat. Give updates of real estate projects in Pune!"

Dear Pradeep Rathi, come on, cool down! After all this blog is on Pune real estate! So, let me stop talking, for a while, about a real estate project in Karjat and start talking about a real estate project on Paud Road in Kothrud, the most popular and well developed neighborhood of Pune.

Yes, I should not talk much about a project where property rate is only Rs.999 per sq.ft. I should talk more about the real estate project where property rate must be around Rs.5,500 per sq.ft.

Actually, i should say, "may be" not "must be" because, officially, Indradhanu's booking is going to open on August 28th and the builder, Home Developers has not yet officially declared the rate.

Redevelopment:

Indradhanu is a redevelopment of workers quarters of Vanaz Engineers. Home Developers, experts in redevelopment projects, are from Mumbai. Do visit the redeveloped part of the project when you will visit the sample flat of Indradhanu. It's very impressive.

Subscribe!

For the redevelopment projects in Pune and Mumbai real estate market, i have started a new blog, do visit it.

To receive every blog in your email box, please, subscribe for free to Ravi Karandeekar's Pune Real Estate Market News Blog.

To know more about my other blogs, please, visit my Google Group, Ravi Karandeekar's Pune Real Estate Blog Group.

Feel free to call me on my mobile 91 98600 44110

Contact Indradhanu:

Nitin Devasthali, Sales manager: 91 98500 08001

Land lines: 020 2538 3588, 020 2538 3894

Site Address: Behind Vanaz Engineers Ltd. 85/1 Paud Road, Kothrud, Pune 411 038.

Friday, August 22, 2008

Over 45,000 applications forms for Tanaji Malusare City (TMC) Karajt?

Have you submitted your application form for a three lakh rupee flat?

If you have purchased the form, you can still submit it! Tanaji Malusare City (TMC) Karjat has extended the last date of submission. Now, 23rd of August '08 is the last day!

But exactly, how many people have submitted application forms? Means, you want to know the number of people. Right?

Second question is, you want to know, how many forms are submitted? Because, you know many people have submitted more than one form.

This brings us to the exact question, how many applications are submitted for the particular type of a flat?

Luck and Lottery!

My dear friend Shilpa Pandya says "Too many applicants flood Tanaji Malusare City! Over 45,000!"

Are number of applications really important? I do not think so!

True, only 3,000 flats are available for bookings. (One room kitchen: 2,000 + 1bhk: 500 + 2bhk: 500= 3,000). Computer is going to generate a list of numbers randomly who will be allotted flat in the first phase of bookings.

Now, do you think it makes any difference for the computer whether there are 50,000 or 5,000 forms to select from? No!

But, it matters to some of us! Luck!! Some feel they are not that lucky! Someone i met at site of TMC Karjat, was very upset with this lottery system. Because he feels it will keep him permanently suspended in an anxiety till he gets the flat!

My friend Vijay, from Navi Mumbai, worries about the number of application forms sold. He keeps me calling to give me the latest numbers. (Very authentic information from his secret sours!) His latest figure is 2 lakh application forms! He says, "I do not know whether i will get a flat in the lottery or not. But TMC ki lottery to lagi!" Then he told me to calculate Rs. 100 x 2 lakh forms! And asked, "How many rupees? Can you count?"

But, i do not find the final amount that impressive. Why? Because, i know more impressive calculation! Rs. 1 lakh x 7,000 = 7,000 lakhs! Someone told me Magarpatta City' Nanded City Pune has collected 7,000 lakh rupees in 2 weeks! Now, that's impressive! Isn't it?

If you do not want to miss an opportunity...

I am not a representative or an associate of TMC Karjat or a real estate broker. I blog on real estate, means, i write an article on this website. You can subscribe for free to my blog, Ravi Karandeekar's Pune Real Estate Market News Blog. If you subscribe, whenever i will write a new blog it will be delivered to your your email box for free and you will not miss a single news!

Besides this blog, i have couple of real estate related blogs too. Visit my Google group, Ravi Karandeekar's Pune Real Estate Blog Group and join my group, for free, if you want to get free emails of all my blogs!

Wednesday, August 20, 2008

You can still submit your application form for Tanaji Malusare City (TMC) Karjat! 23rd of August '08 is the last date!

For those who have purchased an application form but could not submit till 20th!

20th August 2008, was the last day to apply for 1 room kitchen (for 3lakh!), 1 bhk (for 5lakh!) and 2 bhk(for 7 lakh!) flats in 100 acre township at Karjat, Tanaji Malusare City (TMC).

Thousands of people collected and submitted the forms. Because of the various reasons, (passport size photograph - common reason!), some people purchased the forms but could not submit it till 20th of August, the last date. Only for them Tanaji Malusare City (TMC) has extended the last date by three days.

It means, the form are not available for sale but if you have already purchased the form you can submit it till 23rd of August.

Where to submit the forms?

You can submit your application form for Tanaji Malusare City (TMC) Karajt here:
1) Balaji Bhavan,
B wing, 4th floor, opposite railway station, sector 11,
CBD Belapur (E)

2) Silvex House, Nana Master Nagar,
Karjat

3) Tanaji Malusare City, Site Office
Shirse village,
Karjat (W)

For more information call: 022 6772 7100.

Quick overview of Tanaji Maluasre City (TMC) Karjat:

1) I have already posted few blogs on the 'social housing project' of Tanaji Malusare City (TMC) Karjat.

2) The website www.tmcity.in gives detail information about the project and the eligibility and allotment process along with the strategic importance of Karjat.

3) Tanaji Maluasre City (TMC), Karjat is an initiative of Matheran Realty Pvt. Ltd. (MRPL), SPV of Eredene Capital Plc, a UK-based venture capital fund.

4) TMC Karjat is master planned by Sinclair Knight Merz, a leading engineering, sciences and project delivery firm which has offices across Australia, New Zealand, Europe, the Middle East, South America and Asia and who's purpose is to deliver a positive and enduring impact on the world (!).

5) Sterling Construction Systems (SCS) is the project consultants and the contractors of TMC Karjat. SCS is a giant leap in the area of rapid, reliable and cost effective construction.

If you do not want to miss an opportunity...

I am not a representative or an associate of TMC Karjat or a real estate broker. I blog on real estate, means, i write an article on this website. You can subscribe for free to my blog, Ravi Karandeekar's Pune Real Estate Market News Blog. If you subscribe, whenever i will write a new blog it will be delivered to your your email box for free and you will not miss a single news!

Besides this blog, i have couple of real estate related blogs too. Visit my Google group, Ravi Karandeekar's Pune Real Estate Blog Group and join my group, for free, if you want to get free emails of all my blogs!

Tuesday, August 19, 2008

Tanaji Malusare City (TMC) Karjat and the famous 'digg effect'!

It's all about the right to own your home in Mumbai!

Last week, my Ravi Karandeekar's Pune Real Estate Market News Blog received maximum visits from Digg. 1,458 visits to all my stories on Tanaji Malusare City (TMC), Karjat. For me, this is a Digg effect! Because, on an average, i receive 3/4 visits every day from Digg to my Pune real estate market news stories. Which is quite good. I am happy about it. Because, Pune Real Blog cannot expect more than this.

This time, the stories were about Mumbai real estate. Media calls 'cheap homes', 'low budget flats' to the recently launched real estate township project Tanaji Malusare City's 1 room kitchen, 1 bhk and 2 bhk flats.

Pravin Banavalikar, CEO - Matheran Realty Pvt. Ltd., SPV of Eredene Capital Plc, a UK-based venture capital fund and the company behind this 100 acre township, insists on calling his scheme, TMC Karjat, "social housing". He says, if you see the current property rates, the term "affordable housing" has lost it's meaning in Indian real estate market. Plus, Sterling Construction Systems (SCS) is all about quality construction technology which takes less time to build a home which lasts for 100 years!

I think visits to my stories from digg proves Pravin's claim of "Building a home for the big segment of society which was never offered an opportunity to own a quality home was an idea behind the conceptualization of Tanaji Malusare City (TMC) Karjat!"

I think, all my digger friends are the representatives of this 'big segment of the society' - young, dynamic, well educated and net savvy young India. It's one more proof of how anti- social Indian real estate industry is which does not bother to build a home for the back bone of the country.

About digg:

Here are few links for my non-digger readers:
1) Digg: From Wikipedia, the free encyclopedia

2) Digg company profile on CrunchBase

3) How Digg Works: on HowStuffWorks

Join me on digg!

I invite you all to join me on digg. I am sure, you will enjoy it. Because digg is a "fascinating toy for Google guys". In no time you will become a digg addict! You will not only visit my blog to read the story on Pune real estate market news but you will 'digg it' too! Like me, you will believe in, "Digg could do better than $200 million. Google should pay more for 'the social news site Digg'!" Together, we will sing our favorite song "Gotta Digg" by Kina Grannis.
When I'm feeling lazy, at school or when I work
I sneak to my computer, and then I like to shirk
I don't go online shopping, I don't email with my mom
I open up my browser, and go to digg-dot-com

Chorus: Gotta digg, gotta digg, gotta digg
Gotta make this story big!
Did you hear that awful sound?
Another server's down!


Saturday, August 16, 2008

Views of Tanaji Malusare City (TMC) Karjat!

Did you submit your application form?

You may have collected the application form from near by Subhiksha Store or from the CBD Belapur.

But because of the Rakhi, you may not get time to visit the site of Tanaji Malusare City (TMC) at Karjat, 100 acre affordable housing project of Matheran Realty Pvt. Ltd., SPV of Eredene Capital Plc, a UK-based venture capital fund.

No problem! Have a look at these photos (© Eredene Capital PLC 2008). It will give you some idea how Sterling Construction Systems (SCS) constructs low budget flats. Fast and at a low budget!

















Related Stories:

Subscribe to my Ravi Karandeekar's Pune Real Estate Market News Blog and get free emails of all stories i write on Tanaji Malusare City Karjat and real estate projects in Pune!

1) Is it morally improper for well to do people to apply for the flats in Tanaji Malusare City (TMC) at Karjat?

2) TMC, Karjat is hot! Ravi Karandeekar's Pune Real Estate Market News Blog ranked 8th in real estate section of TopBlogArea.com, Blog Directory

3) Tanaji Malusare City (TMC), Karjat, application forms for three lakh rupee flat now available at:

4) TMC - Tanaji Malusare City at Karjat - to launch 1 bhk and 2 bhk flats too!

5) Tanaji Malusare City, Karjat - application form for the first 2,500 three lakh rupee flats will be available from August 12, 2008

6) To know more about Tanaji Malusare City at Karjat, please, visit their website www.tmcity.in

7) Tanaji Malusure City, 100 acre low cost housing scheme near Karjat, to offer 10,000 flats at Rs. 999 per sq.ft.

Friday, August 15, 2008

Is it morally improper for well to do people to apply for the flats in Tanaji Malusare City (TMC) at Karjat?


What do you think?:

While i was overwhelmed by the huge number of readers and subscribers to my Ravi Karandeekar's Pune Real Estate Market News Blog, Mr. Anonymous has raised an important issue about social morality and responsibility! He feels, i am encouraging "investors and speculators" by calling TMC Karjat- HOT! or by posting a blog - Application forms of Tanaji Malusare City (TMC), Karjat - Many people are applying for all 3 types of flats! 1 room kitchen, 1 bhk and 2 bhk flats

His point is "well to do people should not book a flat in Tanaji Malusare City. TMC Karjat is for the lower income group". What is your opinion? Is it "immoral" to book a flat if you are well to do?

Proof of Income and Lock in Period:

Do you think to become eligible to book a flat in TMC, Matheran Realty, promoters of Tanaji Malusare City Karjat, should have asked the applicants to submit the proof of income? Write your opinion in the comments!

What do you say about - to stop the speculators from selling flats at huge profits immediately after the possession, lock in period of few years should have been a good idea!

For sure, i am not trying to encourage the investors and speculators. I am only happy to see that the internet and blogs have become as important as print media for marketing real estate. When i asked one of the top executive of TMC Karjat, "Why did you not upload the application form of TMC on your website? It would have been easy to download than coming down to collect it from Karjat or CBD Belapur!" He said, "We never thought that those who want to book a flat in TMC would be internet savvy!"

Who is eligible to fill an application form of TMC Karjat?

We are having a good conversation on Tanaji Maluasre City on this blog. Truly, blog is a conversation. It's a two way street. What you say is as important as my article. Some times even more so! So, come on, join in the conversation. Say what you want to say. Let us talk! Write your comments. Subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog and keep the conversation going.

If you find it easy to talk, call me on my mobile, 91 98600 44110! This is just the beginning. In coming 10 years, Pravin Banavalikar, group managing director of Great Maratha Corporation, a joint venture between Sterling Construction Systems (SCS) and Eredene Capital Plc, a UK-based venture capital fund, is planning to launch few more projects of an affordable housing around Mumbai!

Related Stories:

Subscribe to my Ravi Karandeekar's Pune Real Estate Market News Blog and get free emails of all stories i write on Tanaji Malusare City Karjat and real estate projects in Pune!

1) TMC, Karjat is hot! Ravi Karandeekar's Pune Real Estate Market News Blog ranked 8th in real estate section of TopBlogArea.com, Blog Directory

2) Tanaji Malusare City (TMC), Karjat, application forms for three lakh rupee flat now available at:

3) TMC - Tanaji Malusare City at Karjat - to launch 1 bhk and 2 bhk flats too!

4) Tanaji Malusare City, Karjat - application form for the first 2,500 three lakh rupee flats will be available from August 12, 2008

5) To know more about Tanaji Malusare City at Karjat, please, visit their website www.tmcity.in

6) Tanaji Malusure City, 100 acre low cost housing scheme near Karjat, to offer 10,000 flats at Rs. 999 per sq.ft.

Thursday, August 14, 2008

Application forms of Tanaji Malusare City (TMC), Karjat - Many people are applying for all 3 types of flats! 1 room kitchen, 1 bhk and 2 bhk flats

Booking to close on 20th August, 2008:

You can submit you application form till 20th of August. If you do not want to wait till the last day, carry your passport size photograph with you when you go to collect the application form. Fill the form, pest your photo and submit it on the spot! Somebody told me, many are applying for all 3 types of flats! What did you do? Please, let me know in the comments!





Related Stories:

Subscribe to my Ravi Karandeekar's Pune Real Estate Market News Blog and get free emails of all stories i write on Tanaji Malusare City Karjat and real estate projects in Pune!

1) TMC, Karjat is hot! Ravi Karandeekar's Pune Real Estate Market News Blog ranked 8th in real estate section of TopBlogArea.com, Blog Directory

2) Tanaji Malusare City (TMC), Karjat, application forms for three lakh rupee flat now available at:

3) TMC - Tanaji Malusare City at Karjat - to launch 1 bhk and 2 bhk flats too!

4) Tanaji Malusare City, Karjat - application form for the first 2,500 three lakh rupee flats will be available from August 12, 2008

5) To know more about Tanaji Malusare City at Karjat, please, visit their website www.tmcity.in

6) Tanaji Malusure City, 100 acre low cost housing scheme near Karjat, to offer 10,000 flats at Rs. 999 per sq.ft.