Yes! Many love to live beyond their means!!
When Ravi Marda, my friend and Marketing Manager (91 76201 12345) of Balaji Generosia Baner Pune 411 045 (www.generosia.com), said,"70 % flats are booked!", i was not surprised. No! Not because, i believe that you, Pune property buyers, like the head line of their ad says, love to live beyond your means.
I was sure about the response because of the location. Baner! I was sure of a good booking because, I knew you prefer Pancard Club side of Baner, than the Rohan Leher - Hinjewadi side of Baner. Though, "behind Hotel Sadanand" didn't sound that attractive, for sure, it was better than calling it - "on the service road of Mumbai Pune Expressway at Baner Pune!"
Neighbors of Balaji Generosia Baner:
View Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411 045 in a larger map
But, you know? When i actually visited the site of Balaji Generosia, i liked the fact that it is on the service road - easy connectivity and accessibility! Plus, i could see that Balaji Generosia has good neighbors - Nirmiti Albacitta, Paranjape Schemes' Vasant Vihar, Rachana Beverly Hills and the rest.
When i was told that the main entrance of the project is on the internal 9 meter wide road and Shree Balaji Developers, the builders of the project, are planning to construct separate commercial space on the service road, i liked Balaji Generosia more. The commercial complex will protect the residential 11 story towers of Balaji Generosia from the pollution of Mumbai Pune Expressway, I thought.
A building in Balaji Generosia Baner:
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| Balaji Generosia Baner Pune 411045 - Elevation Layout from Club House and approach road |
Balaji Generosia has 2 Towers of 11 story - A & B. I liked the A Building than the B. A building has all 2 BHK Flats. 4 Flats on each floor. Staircase of A building is on the west side and has one window - so, i think, there would be some light on the floor lounge, at least, after the noon.
One more important point, considering that each building in Balaji Generosia has only one staircase, and not 2 staircases as per the recent PMC Development Rules, in case of fire, i guess, (Please, note that, I am not a fire expert! This is just my guess!) though Balaji Generosia may have received Fire NOC for the entire project, I will feel more safe in A building.
Because, looking at the placement of the building - on the stilt (not on the podium) - opposite the main entrance and because of the floor plan, I feel that, fire engines could reach to any side - outer, as well as inner space of the A building, more easily. I am talking about fire safety only because of the recent incident in Mutha Chambers on Senapati Bapat Road and limitations of PMC fire brigade.
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| Balaji-Generosia Baner A building Odd Floors Plan |
Carpet area of a 2 BHK and 3 BHK Flat in Balaji Generosia:
It was disappointing to see that the builder, Shree Balaji Developers, has not given the carpet area of the flat. Website and the brochure of Balaji Generosia Baner only mentions "built up area"! It shows that, even the new builder knows that, educated and financially well to do Pune property buyer, who can afford to buy a property in Baner, is not much aware about his rights as a consumer. We have to work on this and start insisting on our "rights as a property buyer" and tell this to Pune builders in loud and clear words, when we visit the site or a property exhibition. Right?
Is location and property price enough to book a flat?
This weekend, one more question was nagging me. What does Pune builder think about - on what basis property buyer decides to buy a flat in his project? Only on the location and property price?
No. You don't buy a flat in Pune, only on the basis of a location and a price. I know. Most of the conversation we have over the phone and in emails is about the builder's ability to construct and the builder's capacity to deliver quality construction. Right?
But, 2 projects - Felicia Baner and Balaji Generosia - out of 3 - launched on this weekend only focused on the location and property price! They didn't talk about the builder's ability and capacity to deliver!
At Reelicon Felicia, when i saw the huge response - i wondered - like me - do these people on Baner Pashan Link Road in Pune know that Reelicon has delivered reasonably good quality at Garden Grove and Olivia at Ambegaon Village?
At Balaji Generosia, for the first time in my life - when i met and talked to M/s Chitodkar Brothers, builders who were personally working as "on site real estate salesman" - giving information and booking flats, i felt that they will do their best to deliver! But, it was just a feeling - i do not have any proof! Because, the builder didn't bother to give any - in his advertising and marketing communications. Location - Baner and Property rate - Rs. 3700 and 3800 per sq.ft. is enough or what?
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| Mr. Rajendra Chitodkar, Director, Shree Balaji Group, developers of Balaji Generosia Baner Pune |
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| Darode Jog Properties' Westside County Pimple Gurav Pune 411027 |
At Westside County Pimple Gurav, Darode Jog who has "ability and capacity" to deliver quality construction was showing off his "Best Floor Plan in Pune"! However, I could only see "best site office", "best sales staff", "best audio visual presentation", "best brochure", and of course, "best furniture" in his sample flat! The builder, my favorite and ex-client, who launched his first project in PCMC, didn't show a thing that will tell you that Darode Jog Properties (www.darodejog.com) has an ability and a capacity to deliver quality construction!
Do these builders know how you get your job and how you have to prove yourself to get a salary every month? Or do they think that why bother for the bugger who only pays 15% of the property price to me? After all, housing finance company is my real client - who has the right to ask every detail about my project. The property buyer is just a kid - hungry for a candy!
Baner - where only urban missionaries dare to live:
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| Devnadi-Baner-Pune |
Instead of talking only about the price and the floor plans of the residential real estate project, you may be wondering, why is Ravi Karandeekar raising these fundamental questions? I am raising these questions because when you book a flat in Baner, i know, you become a different person. You become the most enlightened citizen of Pune. You start facing big urban challenges this city is facing since it decided to merge 23 villages in PMC in 1997!
You don't remain just a fat cow whom every builder in Baner has milked. You become urban missionary - a few even mercenary - ready to shed their blood. For the implementation of D P of 23 villages. For the Bio Diversity Park. For protecting Devnadi. Right? If for the rest of your life you are going to face serious questions about the development, i though, why not start from the day you book your home in Baner. Amen!
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| Contact for Booking - Balaji Generosia Baner |
Now, have a look at 2 BHK and 3 BHK Flats and property prices and views of Balaji Generosia. Book your flat as soon as you can, and as their brochure says - "walk tall and hold your head high"!
1) Balaji Generosia Baner -
Approx Property Price of - Non Garden Facing - 2 BHK Flat in "A" building - on the 1st & 3rd Floor: 917 sq.ft. Built up + 138 sq.ft. Terrace+Living : For Rs. 45.05 Lakhs + Service Tax + VAT Etc.
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| 2 BHK Flat - 917 Built Up 138 Terrace in A Wing - Odd Floors of Balaji Generosia Baner Pune |
2) Balaji Generosia Baner -
Approx Property Price of - Non Garden Facing - 2 BHK Flat in "A" building - on the 2nd & 4th Floor: 917 sq.ft. Built up + 142 sq.ft. Terrace+Dining : For Rs. 45.25 Lakhs + Service Tax + VAT Etc.
3) Balaji Generosia Baner -
Approx Property Price of - Garden Facing - 2 BHK Flat in "A" building - on the 1st & 3rd Floor: 917 sq.ft. Built up + 138 sq.ft. Terrace+Living : For Rs. 46.16 Lakhs + Service Tax + VAT Etc.
4) Balaji Generosia Baner -
Approx Property Price of - Garden Facing - 2 BHK Flat in "A" building - on the 2nd & 4th Floor: 917 sq.ft. Built up + 142 sq.ft. Terrace+Dining : For Rs. 46.36 Lakhs + Service Tax + VAT Etc.
5) Balaji Generosia Baner - Approx Property Price:
1) Launch offer - for limited period of time - subject to change
2) Including: Property rate (Rs. 3700 / 3800 per sq.ft.) x Saleable Area + Other charges Rs. 3,75,000 + Stamp Duty + Registration
3) Floor Rise - Rs.25 per sq.ft. per floor from 4th floor
4) Booking amount Rs. 1 lakh
Balaji Generosia Baner Pune - Floor Plans:
Balaji Generosia Baner Pune - Brochure:
Balaji Generosia Baner Pune - Photo-walk:
Mumbai Pune Expressway and Service Road at Baner Pune:
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| Hoarding at the site - Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| Rohan Leher & Green Zone opposite Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| Kirloskar Brothers on the opposite side of Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| From Pune - Expressway at Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| Expressway to Mumbai at Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| 9 meter road to Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| Service road - Pandal - Commercial - Site office - Club house of Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 and neighborhood |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 on Sunday evening |
Site Office and Sample Flat of Balaji Generosia Baner Pune:
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - construction site and Nirmiti Albacitta |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - Sample Flat - Living |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - Sample Flat - Dining and Living |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - - Sample Flat - Dining Table and Kitchen Platform |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - Sample Flat - Kitchen - Dining Table- Living |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - attached terrace! |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - Sample Flat - Bed and Bedroom |
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| Balaji Generosia 2 BHK and 3 BHK Flats at Baner Pune 411045 - Booking! |
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Hi,
ReplyDeleteI visited this site today. 3900 psf looks way to high for a flat which is going to delivered after 2 years.
I believe 3300 psf is ok for this one.
Let me know your comments. Also has anyone booked and at what rate?
regards
Interesting! Viraj, i am curious to know why do you believe that Rs. 3300 per sq.ft. is "OK" for this one? Is 3300 today's price or after 2 years price? According to you - What would be the OK price after 2 years?
ReplyDeleteIf anybody has booked at the launch rate of 3700 - 3800 - are you going to change your opinion about 3300?
3900 is for current year. For 2011 it will be 3300, For 2012 it will be 2700 and post 2012 ready flats will be available at INR 2500 at Carpet. Just wait.. the Western investors are about to pull out large funds from Indian market next year onwards. and the pressure will be too much for a 1 billion (40% poor) population country. At current inflation India is likely to be failed state before Pakistan. No jokes. Listen to the researchers and policy makers and global strategists in the alleys of London Business School, Harward and MIT.. India is up for failing like Zimbabe. Leave India asap.
ReplyDeleteTer . . . .. Then where you want to go? Obama came here . . .Is it a joke . . Most of you researchers failed to predict the recession in the US.There failed credit system and so as banking. . Its very difficult to get a loan here in India.I wonder if you ever attempted one :.China? Japan? Korea? Russia? Brazil . . if you cant do good in India then where else in world? Dont compare with PAK . .she is running with most of western funds.
ReplyDeleteglobal strategists are bull shit, where they were when US and UK completely broke out . .UK terrible economy now ask your experts.
Common rise up.whatever the situation is inflation and bla bla the rich will be rich and poor will be poor.
Our biggest advantage is our people and so disadvantage, but I cant run away from it.
I visitied Generosia last Sunday, and was very disappointed to see the progress! When I visited their site on their launching day, they were promising possession by Dec 11. And as of today, after 4 months, just slab for parking is done for buidling B and for building A its absolutely nothing!! So here is the reason why one shouldn't be booking at Balaji Generosia -
ReplyDelete1. NO way builder is going to complete this project on time, if its completed by Dec 12, you will be lucky!
2. And even builder commits you on anything, there is no prior history of what work or projects they have done! Also if there is any way to check, number of flats sold what they claim vs actual booking/agreements done!!
3. The distance between building A & B, dont go with whats shown in brochure, have a look at actual site! I doubt there will be any privacy for flats in either buidlings facing each other.
4. Amenity space - Again, in the brochure you will see large space for amenities, while try to imagine when you are at actual site!! I am not CIVIL engr, but still, I doubt I am wrong.
I am not against this builder or project, I just shared my views, I could be completely wrong, Please correct me if I am, that will help taking decisions for Punekars who is thinking of buying here or already booked their flats!