Vilas Javdekar Developers' Yashwin at Sus is not suitable for a young human couple with a baby:
|Vilas Javdekar Developers' Yashwin at Sus is not suitable for a young human couple with a baby|
When I booked a flat at Vilas Javdekar's Yashwin at Sus....I was told that.....by the time the flat would be ready for possession.....Sus will be merged in Pune Municipal Corporation. It means that.....I assumed....when I will shift in this flat.....Sus would be developed....but the fact is....no development has happened in the last 3 years....infact, the situation has become worse.....and now.....because we have a baby.....I find it difficult to live here.....Ravi Karandeekar.....do you have any idea.....when will Sus develop.....how many more years I have to suffer like this....should I wait for the development....or should I sell this flat and buy somewhere at Baner....Wakad?
When Kaushik asked me this question on 91 98600 44110, I told him that instead of talking over the phone - let us meet & discuss. So, on Sunday morning, I was with Kaushik at Vilas Javdekar Developers' Yashwin at Sus. This is a rough summary of our discussion - a sad story of a son who purchased a flat in Vilas Javdekar Developers' Yashwin at Sus.
Of course, this story is not only of Kaushik at Yashwin. This story is of all Kaushiks who are living in Sus. And, for sure, this would be the story of all Kaushiks who have booked the flats in Sus.
Why only Sus? This is the story of all Kaushiks who are living or have booked the flats in all fringe villages of Pune! Bhugaon, Pirangut, Lohegaon, Chakan, Wagholi, Undri, Pisoli, all.
Of course, I would be happy if I am proved wrong. In fact, I pray every night - God, please, prove me wrong!
Why we get into the soup - Sus?:
Kaushik & Kirti were born & brought in Nagpur. Both of them fell in love with Pune when they got a job in an IT company in Hinjewadi. Eventually, they went on site in USA. After returning to India they were posted in Mumbai. Where they decided - let us get a job in Pune and raise a family.
They started visiting Pune on weekends. At one of the property exhibitions they came across Vilas Javdekar Developers' Yashwin at Sus. Javdekar was offering 'No EMI till Possession Scheme' with 10 - 80 - 10 payment plan. Both of them liked the location of Yashwin at Sus - soon to be merged in PMC - near Mumbai Bangalore Highway - near Baner - near Hinjewadi. One of their colleague told them that - Javdekar is a good builder. He had constructed a few projects in Wakad.
Location is convenient. Builder is reputed. Payment plan is suitable. What more we want? They asked themselves.
Their parents loaned them money. Some 5 percent for their 10 percent down payment. Plus, some 20 percent more. Because they were not eligible for 80 percent home loan. Their combined monthly income was enough to get only 60 percent home loan. Plus, their parents assured them that they will take care of the 10 per cent to be paid at the time of possession. Their parents' ultimate ambition was to see Kaushik & Kirti settled in their own flat.
Done! They booked the flat. Got the possession and the jobs in Hinjewadi. And, eventually, Kirti was pregnant. Everything was as per their plan.
Pregnant Kirti found driving from Yashwin to service road of Mumbai bangalore Highway terrible. Walking on that kaccha road without the street lights after the sunset risky - so comapny bus was not an option. Visiting doctor for the regular check ups became a painful experience. Home loan EMI didn't permit her either to avail leave or leave the job. Kirti will be able to deliver the baby in hospital - only if this road allowed her - they had realized. Both of them were counting months. God bless. Kirti delivered in the hospital.
The stressful situation was over. Both were emotionally drained. After the brief interval their rational mind started questioning them - Do we deserve to live like this? Did we make mistake of booking a flat at Yashwin? When will Sus develop? Should we sell the flat in Yashwin and buy somewhere in PMC or PCMC? And on that Sunday - they had called me to discuss this.
Why did you get into the soup? I mean, in Sus? I asked.
Because, our assumption about the development of Sus was wrong. Kaushik said.
Why did you make that assumption? I asked.
So many projects were coming in Sus - so we assumed that Sus will develop in the next 2 - 3 years. Kaushik said.
But there were many ongoing projects in Wakad & Baner too! I said.
But they were not in our budget. Said Kirti.
Even this Yashwin was not in your budget! You could book this only because your parents loaned you money. It means that, you are into this soup because of your parents. You are into this soup because the builder was running the racket of 'No EMI till Possession' - you were paying EMI to the bank and he was refunding it to you - right? You are into this soup because the foreign owned private bank offered you 10 - 80 - 10 subversion scheme. Your parents, builder & bank conspired against you. They compelled you to misjudge. You became victim of your parents, builder & bank and got in the soup - in Sus. I said.
No. Not at all. It was our idea to own a home. Not theirs. In fact, we had to convince them to loan us money. Important question is what to do now. Should we wait for the development of Sus or sell this flat in Yashwin and buy at Wakad or Baner? Kirti asked.
Why? Kirti, why are you so eager to jump from the frying pan into the fire? See...the main reason for all this mess is - you do not have enough money to own a home.....you never had enough money to book a flat at Wakad - Baner - when you booked a flat in Yashwin at Sus.....today, you don't have enough money to book a flat at Wakad & Baner. Your parents will be glad to loan more money to you - but if you keep on paying 50 percent of your monthly income to the bank for the rest of your life - at least - for the next 15 - 20 years you will be living from paycheck to paycheck - in that situation - you will not be able to save for retirement - you will not be able to save for your daughter's college education - by buying a home which you can not afford you will put your financial future in danger. I said.
You mean to say that we have no option but to suffer in Sus - Kaushik said.
No. You don't have to suffer in Sus. You have an option. You can rent a flat in Baner or Wakad. I said.
But what should we do about this flat in Yashwin? Kaushik asked.
Sell it. Give back your parents their money. Tell them - you have done enough for us. Your education & sanskar have made us strong to live a successful life. Now, don't cripple us by giving money - for the wrong reason - at the wrong time. For the time being - your blessings are enough for us. I said.
Renting is not a good option. Kirti said.
Yes, may not be good for you. But very good option for your daughter. She will grow in a better & safer place. Afterall, we buy a home to live a safe & comfortable life - not for the walls, windows & doors or to pay the property tax. Right? I said and took their leave.
|Ravi Karandeekar at Vilas Javdekar Developers' Yashwin at Sus|
When I came down, there was a small crowd of agents & brokers at the pandal in Javdekar's Yashwin. One broker came to me and asked for the selfie.
"Sure! How is the business?," I asked.
"Great! Yesterday, in one day, last two buildings in Yashwin Anand were booked!! All through the channel partners like us," the broker said.
"Congratulations! You make miracles!!," I said.
"Strategy! We were working for this for 1 month. We purchased data. Called everyone. Collected token cheques. Invited them all yesterday. And sold the entire inventory," the broker said.
"Whose strategy is this?," I asked.
"Aditya Javdekar! He is a genius!! He saved the advertising & marketing cost and passed over that benefit to the buyers - he offered Yashwin Anand at the lowest property rate than any project in this part of Sus - plus his brand name - our efforts - created the magic," the broker said.
"Yes! Aditya is a magician - a few weeks ago - I was here when he sold two buildings to a group of LIC employees," I said.
"Yes! In Pune market only Aditya Javdekar knows whom to sell & how to sell flats!!," the broker said.
"You are right. Aditya knows whom to sell & how to sell the flats in Sus!," I said.
Moral of the story is - sons will change - but the sad story of a son who purchased a flat in Vilas Javdekar's Yashwin at Sus will never end.
God, please, prove me wrong!
5) Struggling for Survival at Sus
4) Donate your eyes and get Ray-Ban for free!
3) What a Fantastic Cash Back Offer! Pay 78 Lakhs for a Worthless Property and Get 4.5 Lakhs Back!!
2) Aditya Vilas Javdekar Invites You to Rob a Bank
1) Prudentia Towers at Wakad, Pune - Any Questions for Mr. Aditya Javdekar?
Subscribe for Free!
To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog
Feel free to call me:
I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.
My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.
If you want my advice, feel free to call me on 919860044110. First 3 minutes are free! And for more than 3 minutes - pay as you wish - you decide the value of my advice.
Of course, for a serious discussion, better fix an appointment at a time convenient to both of us. So that we can have uninterrupted & in depth discussion on my mobile (919860044110)
- on Video Hangout on Google+
- or on Skype (ravikarandeekar) .
For more than 3 minutes and up to 30 minutes - pay as you wish. After the conversation - transfer the money to my bank account. As much as you wish. From a few hundred to a few hundred thousand crore of U S Dollars or Indian Rupees. Here are my bank account details:
Bank of Maharashtra.
Savings A/c no- 20047674794.
Branch- Bajirao Road Pune MICR Code 411014010.