Ravi Karandeekar's Pune Real Estate Market News Blog: On the auspicious day of Dasara, Magarpatta City opens the bookings of 1 bhk flats!

Property rate Rs. 3,750 per sq.ft.!

An ad was released the day before Dasara. But the property rate was not 'disclosed' in the ad or even on the phone. The floor plan of 1 bhk flat was not available in the office or on the website, www.magarpattacity.com

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When i called the Magarpatta City's office, i was told to come with the booking amount, cheque of Rs. 50,000, at 10 a.m. on the morning of Dasara.

When i asked, would it be better if i come early in the morning and stand in the queue, the answer was obviously 'yes, that would be better. We have got hundreds of telephone calls since morning.'

Must be! I am very much sure about the telephone calls. Pune property buyers have a great sense of humor. PBAP Property Exhibition is a recent proof.

1 bhk flat of 553 sq.ft. for 25 lakhs:

On the auspicious day of Dasara, i behaved like a true Punekar. I did not go to Magarpatta City. I made one more telephone call. Good, now, i have all the details!

1 bhk flat. 553 sq.ft. Real estate price is Rs. 3,750 per sq.ft. Total budget is Rs. 25 lakhs. Possession is after 2 years. Booking amount, may be because of 'liquidity crisis', is Rs. 50,000 only!

But what about the parking? Is it extra? How much? Whatever! Who bothers about 2/3 leaves when "Aapta tree" is here, in your neighbor's compound?

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Friday, October 10, 2008

On the auspicious day of Dasara, Magarpatta City opens the bookings of 1 bhk flats!

Property rate Rs. 3,750 per sq.ft.!

Be on top of the world! For the rest of your life!!

1 bhk flat of 553 sq.ft. for 25 lakhs:

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