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Saturday, May 30, 2009

Suyog Development Corporation Ltd opens booking of 1 bhk, 2 bhk & 3 bhk budget flats in Suyog Lucky Homes, near Moze Engineering College, Wagholi

1 bhk flat for 13 lakhs

2 bhk flat for 18.5 lakhs

3 bhk flat for 32 lakhs

Carpet area and property rates:

Suyog Lucky Homes' ad published on the front page of today's Sakal (30th May 2009) warns you about the misleading attractive low property rates based on the saleable areas.

To avoid disappointment of realizing (after taking possession!) that your flat is too small than you had "imagined", Suyog Development Corporation Ltd strongly suggests that you should insist on the carpet area - internal area - wall-to-wall area - of the flat.

Without going into the details of "loading" on the carpet area, Suyog - one of my favorite clients in my real estate advertising days, claims that they give you more carpet area.

At a first glance you may feel that their property rates based on the saleable area are on the higher side. But when you will understand that you are getting more carpet area, Suyog says, you will realize that at Suyog Lucky Homes you are getting value for your money. (!?)


View Affordable Housing Projects in Pune Real Estate Market in a larger map

What is your take on the "other charges"?

Recently, you may have seen that i try to give carpet area and all inclusive total cost of the flat. Because, we all believe that, there is no point in focusing only on the per sq.ft. property rate based on the saleable area. Other charges also need 'correction'. Right?

Besides getting an idea of the real rate we pay for property or following the law ("Builders, sell on the basis of carpet area or go to prison!") considering carpet area and total cost has a practical benefit. While negotiating, i am sure, it is easy to bargain about the total cost than talking about each head separately, like parking charges, club membership, MSEB and society formation. Isn't it? Please, share your experience in the comments.

To know more about Suyog Lucky Homes at Wagholi:

Ashish - 91 93702 60025

Meenakshi - 91 93717 70025

Suyog Development Corporation Ltd.

27, Parshwa,
Sujay Garden,
12, Mukund Nagar,
Pune. 411037

Tel : + 91-20-24260025
+ 91-20-24272166
Fax : +91-20-24266188

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009, 1st to 15th most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

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Om Developers launches budget flats - 1 bhk for 13.53 & 2 bhk for 19.38 lakhs in Golden Palms, 2nd phase of The Island at Wakad Pune, near Hinjewadi

Savings, Luxuries and Fitness :

Half page ad, Times Property, (30th May 2009) says it's Golden Palms. Om Developers' website (www.omdevelopers.com) says it's 2nd phase of The Island at Wakad Pune. Preferred location of IT professional working in Hinjewadi.


View "Take a first left turn as you drive down the Hinjewadi flyover!" in a larger map

The ad also says that 1 bhk flat for 13.53 & 2 bhk flat for 19.38 lakhs is only 'special launch offer'. Big savings opportunity, which will not last long.

However, book 1 bhk / 2 bhk budget flat at Golden Palms and keep on enjoying the luxury of walk 2 work (available at Blue Ridge Hinjewadi) or super luxury of cycle 2 work (possibility at Megapolis Hinjewadi) for life.

Thanks to the size of kitchen in 2 bhk flat / no dinning in 1 bhk flat for your improved diet. Result is your slim and trim family will not only fit in your 1 bhk flat (556 sq.ft. built up) / 2 bhk flat (815 sq.ft. built up) but will start enjoying it too!

To book 1 bhk budget flat or
2 bhk flat in 20 lakhs call:

Deepali Kulkarni - 91 93712-75302

Jitesh Panikar - 91 93705 22225

Gajendra Ganjane - 93712-75300

The Island -
Survey No.169,
Hissa No.3 - 7,
Opposite Wakad Petrol Pump,
Wakad, Pune - 411 057
India

Phone: +91-20- 27208100 / 01 / 02
Fax: +91-20-2720 8103

USA:

Mrs. Shubhangi Awate,
Denver Colorado, USA.
Contact No. :- 1-303-800-5604

Australia:

Mr. Amol A. Awati,
Melbourne, Australia.
Contact No.:- 0061-390772218 (R) / 0061- 411169913 ( M)

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009, 1st to 15th most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

Friday, May 29, 2009

Google Search Engineer Videos - Search engineer stories about their projects and features behind Google Search

Google Ravi Karandeekar!

Most of you visit "Ravi Karandeekar's Pune Real Estate Market News Blog" because you find me on Google. Those who know me search Google for "Ravi Karandeekar". As per Google Webmaster Tools, "Ravi Karandeekar" is the most popular search query. Which is very flattering and motivating for me. It creates a sense of responcibilty and commitment in me.

Top 10 search queries:

Besides number 1 search query Ravi Karandeekar, Google Webmaster Tools give me a long list of 70 search queries. Though this list keeps on changing, there are some very popular queries which you use when you search Google, find me on the first (or second) page of Google and visit "Ravi Karandeekar's Pune Real Estate Market News Blog" and my other blogs on Pune real estate.

Other day, when i read 'Search engineer stories', posted by Patrick Riley on Official Google Blog and saw 'Google Search Engineers Videos' on You Tube (subscribe to my You Tube channel,please!), i thought i should blog the list of top 10 search queries and these videos.

I am sure, these 'videos' will help you to search your 'queries' better. You will find more useful info and exclusive news about Pune real estate market. You will get current property rates and trends in Pune. You will take more informed decision to book a 2 bhk or 3 bhk flat at your preferred location.

Here is a list and videos:
1) ravi karandeekar 2) pune real estate prices 3) pune real estate 4) pune real estate blog 5) pune property rates 2009 6) pune property blog 7) ravi karandikar blog 8) pune real estate ravi 9) ravi karandikar 10) ravi karandeekar blog

Spell "karandEEkar" or subscribe for frEE!

One more good news, did you know that from 1 st of June 2209, all Pune property buyers and Pune real estate investors have unanimously decided to spell "karandEEkar" when they will Google 'Ravi Karandeekar'? Or:

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

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Wednesday, May 27, 2009

Nanded City Pune reduces the property rate to Rs. 2,500 per sq.ft.

10th June 2009 - Last date to finalize your booking!

Magarpatta's Nanded City, Pune - 700 acre mega township on Sinhagad road, Pune

Deepak, thanks for giving this breaking news! When i called the site office of Nanded City Pune, a salesman confirmed the news about the reduction of property rate to Rs. 2,500 per sq.ft.

Now, instead of Rs. 2,750 per sq.ft., till June 10, 2009, you can finalize your booking at Rs. 2,500 per sq.ft. he said.

What is your take on the property price reduction at Nanded City Pune?

You may remember that Rs. 2,750 was the special pre-launch invitation offer for the residents and "family members" of Magarpatta City and Nanded Village.

On 1st of June 2008, when Nanded City Pune was launched and bookings opened for all, property rate was Rs.3,250 per sq.ft., which eventually went up to Rs.3,500 per sq.ft.

Now, at this point of time, when you don't believe in booking in a project where work has just started, i wonder what Nanded City Pune is going to achieve by reducing the property rate to Rs. 2,500 per sq.ft!

I feel this is not the price reduction but serious devaluation of the 700 acre integrated township. Instead of motivating the property buyers, this reduction in the property rate is going to demoralize the existing buyers who had expressed their confidence by taking early decision to confirm their bookings.

These property buyers are going to ask themselves, "Why Rs. 2,500 per sq.ft.? Why not Rs. 2,300 or Rs. 2,200 per sq.ft.?

When Nanded City Pune asked for Rs. 2,750 per sq.ft. i did not ask for the justification. I didn't bother to see the plan or any details. I trusted Nanded City Pune.

Now, when they themselves, the promoters of Nanded City Pune, don't trust in the value of their project, how can i trust it? How can i believe that Rs. 2,500 per sq.ft. is the right property price? I won't make the same mistake again!"



It is going to create a doubt in the minds of property buyers like you, who haven't confirmed your bookings yet, about the possible depreciation of the property in 2 years down the line, when it will be ready for possession. When your sentiments will become completely negative, you will consider "lock in period" as a trap and not a protective net around your investment.

Am I right? Or is this property rate reduction going to motivate you to confirm you bookings in Nanded City Pune? Please, share your views in the comments.

Related Stories:

1) Everybody in Pune is talking about Magarpatta City's upcoming project 'Nanded City' on Sinhgad Road

2) Launching of Nanded City, Pune - A farewell to India!

3) Is Nanded City, Pune all about real estate development?

4) Magarpatta's Nanded City Pune closes it's offer of phase 1 with a promise to open 2nd phase in December 2008

5) How many cancellations happened at Blue Ridge?

6) Satish Magar on Nanded City Pune

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009, 1st to 15th most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

Tuesday, May 26, 2009

Be aware when somebody asks you these two questions: "Do you love your country?" "Would you like to become a member of the club?"

Search Google!

Ashutosh, reader of Ravi Karandeekar's Pune Real Estate Market News Blog, shared his experience with me and said that it's my moral responcibility to make my readers aware about this "issue".

He has also suggested that one should search Google for these two attractive terms before taking any step.

Elections are over, so nobody is going to ask you whether you love your county or not.

But, be aware, Ashutosh says, you may receive a call asking you about the membership of the club. Caller may offer a plot of land along with the membership.

Generally, i don't get involved in these "issues". I am real estate salesman. I blog to help property buyers to book a flat. If i have any doubts about a certain project, i prefer not to write about it. However, I searched Google, as Ashutosh told me to do. Result is this post!

Thanks, Ashutosh! You are right. I should make my readers aware about this "issue".

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Monday, May 25, 2009

Amanora Trendy Homes - Pre-Launch Offer

Amanora Trendy Homes:


2 BHK & 2.5 BHK apartments in Towers 30-35, twenty storied sky scrapers, in Amanora Park Town, Hadapsar Kharadi bypass - Pune, are called "Amanora Trendy Homes".

Pre-Launch Offer:


2 BHK & 2.5 BHK apartments in Towers T-030 & T-031 are open for bookings.

Pre-launching property rate:
(up to 4th floor)

1) Rs. 2,700 per sq. ft. for external view

2) Rs. 2,800/sq. ft. for internal view

Pre-launch offer ends on 4th June, 2009.

Floor plans & Costing of Amanora Trendy Homes:

(Click the plan to enlarge)

2 bhk flat - 653 sq.ft. carpet area :

Up to: 4th floor & 4th June, 2009

1) External view: Rs. 26,85,400 + Stamp Duty, Registration and electrical charges

2) Internal view: Rs. 27,70,400 + Stamp Duty, Registration and electrical charges

1) Living: 10' x 14'3"
2) Kitchen: 9' x 12'2"
3) Master bedroom: 10' x 11'
4) Children's bedroom: 9' x 11'
5) Toilets:
Attached to master bedroom: 4'9" x 7'1"
Common: 4'6" x 7'7"
6) Dry Terrace: 5'10" x 5'3"
7) Balcony: 9'9" x 4'1"

2.5 bhk flat - 823 sq.ft. carpet area :

Up to: 4th floor & 4th June, 2009

1) External view: Rs. 33,28,680 + Stamp Duty, Registration and electrical charges

2) Internal view: Rs. 34,35,680 + Stamp Duty, Registration and electrical charges

1) Living: 10'3" x 14'11"
2) Kitchen: 7'6" x 7'10"
3) Dinning: 11'10" x 8'
4) Master bedroom: 10' x 12'9"
5) Children's bedroom: 9'6" x 11'
6) Study: 7'6' x 11'
7) Toilets:
Attached to master bedroom: 8' x 4'11"
Common: 4'6" x 7'5"
8) Dry Terrace: 4'4" x 7'10"
9) Balcony: 10'3" x 4'7"

Specification and Amenities:

For the price list, layout plan, specifications of Amanora Trendy Homes and amenities of Amanora Park Town, please, have a look at the presentation:


Terms and Conditions:

1) 10% of agreement value (agreement value=rate*area + car parking) has to be paid for booking.

2) Incase of cancellation after 7 days of booking, cancellation charges of Rs. 1,00, 000/- would be applicable.

3) Incase of transfer of apartment after registration, before possession a transfer charge of Rs. 25,500/- would be applicable.

4) Incase of transfer of apartment after possession transfer charge of 1% of agreement value (subject to agreement value at the time of sale) would be applicable.

5) The entire payment schedule is calculated on the agreement value. The payment is to be made in slabs from the booking till the possession time.

6) The stamp duty and registration charges are to be paid over and above the 2nd installment of 5%.

7) The OTM & Yearly infrastructure charges to be paid at the time of possession over and above the final installment of 5%.

8) Electrical charges are payable 3-4 months prior to possession.

For Bookings Contact:

Vikas Jaiswal

Sales & Marketing

Mob: +91-9922935375

e-mail: vikas.jaiswal@amanora.com

Amanora Park Town

Hadapsar-Kharadi ByPass, Pune - 411028

Tel: +91-20-30410028

website: www.amanora.com

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009, 1st to 15th most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

Sunday, May 24, 2009

Tata Shubh Griha, Nano Homes between Rs 3.9 to Rs 6.7 lakh at Boisar Mumbai, last date for the submission of the application form - May 28, 2009

Where is Boisar?

Boisar is located 45 kilometers north of Virar and 102 kilometers from Churchgate, on the Western Railway line of Mumbai Suburban Railway.

To reach Boisar, one can catch Shuttle/MEMU trains from Virar.

Have a look at Mumbai Suburban Rail Network Map.

Long Distance trains also stop.

By Road, it can be reached from National Highway NH-8, 22 kilometres (14 mi) off from Chilhar Phata.

There are regular state transport buses from Palghar, Thane, Bhiwandi and Wada. Read More

Tata Shubh Griha is conveniently located within 5 mins of Boisar railway station & MIDC.


Bookings will be accepted till May 28 along with the initial booking amount of Rs 10,000 through a bank pay-order at:

1) Tata Housing Regional Office

City Ice Building,
2A, 2nd floor,
298, Perin Nariman Street,
Fort, Mumbai 400 001
Tel: 022 - 6661 4500

2) Shubh Griha

Site Office
Near Tarapur Industrial Area (MIDC), Boisar.

Email:
shubhgriha@tatahousing.com
Website:
www.shubhgriha.com
www.tatahousing.com

Home loans for Shubh Griha:

Tata Housing Development Company has partnered with Micro Housing Finance Corporation (MHFC) to provide easy housing finance to the lower income group for Shubh Griha.

MHFC has set up a stall at Shubh Griha site at Boisar in order to assist consumers in the procedure.

The MHFC loans will be long-term micro mortgages for need-based housing.

MHFC would be flexible in its documentation requirements and will make its interest rates affordable.
Business Standard

Related Stories:

1) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

2) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

3) Tata Shubh Griha at Boisar - Tatas' nano housing plan takes off in style

4) Tata’s Nano Homes And The “Bottom of the Pyramid”

5) Nano-dreams: Raghavendra Kamath

6) Awards Galore for TATA Housing, promoters of Shubh Griha, Nano Homes at Boisar near Mumbai, at the Asia Pacific Property Awards, 2009

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009, 1st to 15th most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

Friday, May 22, 2009

Kumar Builders open booking of the first 30 stories skyscraper in Pune, 45 Nirvana Hills, first phase of 79 acre township at Paud phata on Karve road

Property rate Rs. 4,500 per sq.ft.
(on saleable area)!

2 bhk flat - 728 sq.ft. - 64.60 lakh

2.5 bhk flat - 991 sq.ft. - 82 lakh

3 bhk flat - 1,380 sq.ft. - 1.10 crore

4 bhk flat - 1,884 sq.ft. - 1.5 crore

(All inclusive total cost in rupees,
including 1 car park (as per the law!)
Carpet Area)

Floor rise Rs. 25 per floor extra

No Specifications:
Raw or Bare Flats - without internal finishing!

No finishing, paint, tiles, plumbing and sanitary fittings! You are free to choose and get it done on your own!!

Basement and 6 floors for parking, 2 floors for amenities

Flats from 9th floor to 30th floor

21 floors sanctioned by PMC, 22 to 30th floors pending

Possession 36 months: July 2012

421 flats in 4 buildings

provision for 3 car parks per flat

High-rise buildings: Solution to the shortage of residential space in Pune city:

The proposal to allow construction of buildings with height of up to 100 metres was cleared by the civic body during the tenure of commissioner Pravinsinh Pardeshi. The proposal had come as a response to the shortage of residential accommodation in the city.

The government, while clearing the PMC proposal, has divided the high-rise buildings into four categories: 36-40 metres, 40-50 metres, 50-70 metres and 70-100 metres. These categories will have to be constructed on plots admeasuring 2,000 square metres, 4,000 sq m, 6,000 sq m and 8,000 sq m, respectively and will require minimum access road width of 12 m, 15 m, 18 m and 24 m, respectively. The Times of India

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Wednesday, May 20, 2009

Times Property Showcase 2009 - May 30 and 31 - at Le Meridien - Don’t miss Pune’s most prestigious property exhibition!


The Times Property Showcase is Pune’s most successful property exhibition, conceptualized with an aim of providing a transaction focused platform to the top builders and developers in Pune.

Select projects spread over the entire city suiting the needs of today’s discerning home buyers and investors will be showcased at the exhibition.

More than 50 top builders with 300 plus projects will be participating in the exhibition.

Entry to the exhibition is free.

The exhibition timings are from 10.30am to 7.00pm on both days.

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Live a long life!

It's time to prolong your life.

Burn calories.

Reduce fat.

Trim your waistline.

Drop your blood pressure.

It's time to jog on the top terrace, in the morning.

It's time to climb stairs, at any time of the day, or night.

Presenting, first, 30 story building in Pune

It's time to go up!

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May 2009, 1st to 15th - Most popular posts on Ravi Karandeekar's Pune Real Estate Market News Blog

1) DSK Vasantotsav - A daring effort for reducing real estate prices begins from today

2) April 2009 - Most popular posts on Ravi Karandeekar's Pune Real Estate Market News Blog

3) nano homes, Ravet in Pimpri Chinchwad, offers (limited period) 1 bhk flat for Rs. 11.97 lakhs and 2 bhk flat for Rs. 14.94 lakhs (conditions apply)

4) Eiffel City, Chakan, opens booking of 489 sq.ft. fully furnished 2 bhk terrace flat for 12 lakhs!

5) Satish Magar on Nanded City Pune

6) Lorelle, Wakad - last few days left to save 3% interest on home loan & to book a flat at the property rate of Rs. 2,500 per sq ft

7) D. S. Kulkarni Developers opens booking of 1 bhk flat for 17.80 lakh and 2 bhk flat for 27.66 lakh at Baner and 1 bhk budget flats at Bavdhan!

8) D.S.Kulkarni Developers opens booking of 3 bhk flats and duplex apartment in DSK Hariyali at Modi Baug on Pune University road

9) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

Most popular posts on Ravi Karandeekar's Pune Real Estate Market News Blog:

1) March 2009:

2) February 2009:

3) January 2009:

4) Most popular posts in 2008

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group

Monday, May 18, 2009

Palash 2i, Wakad Pune, construction updates

Oh! What foresight some property buyers have!!



"Don't pay ADF to the builder."

"If builder gets 100 % down payment at the time of booking, what guarantee do you have that the builder will complete the project in time?"

Most of us, including me, had a some what similar opinion. Obviously, in July and October 2008, when Vilas Javdekar and Associates launched The Green Umbrella Offer for Palash 2.0 and then for Palash 2i, at Wakad, we strongly opposed the "scheme".

However, you know, many property buyers, in fact, too many property buyers, booked the flat under "No EMI till Possession" scheme!

Today, if you visit the website of Palash 2i ( www.palash2i.com ) and have a look at the progress of construction, you may wonder about the foresight these property buyers had!


View "Take a first left turn as you drive down the Hinjewadi flyover!" in a larger map

About Palash 2i, Wakad:

Palash 2i, built around the concept of "ego-friendly, eco-friendly", is a 12-storey high residential complex. The tower consists of twenty-four 2-BHK apartments and twenty-four 3-BHK apartments.

12th slab of Palash2i completed:

External Plaster of Palash 2i starts:

Brickwork 8th floor of Palash 2i:

Palash2i from the podium of C building of Palash 2.0

Palash 2i front view:

2 bhk and 3 bhk compact flats in Palash 2i, Wakad:


If you visit my blog "Wakad: Palash 2i news - 45 bookings in just 3 days!" posted on September 15, 2008, you will find Mr. Aditya Javdekar, Managing Director of Vilas Javdekar and Associates, promoters of Palash 2i, humbly announcing, "we have not only sold out all 2 bhk's but now have only a couple of 3 bhk's with us for sale .... taking the tally to 45 bookings in just 3 days."

However, today few 2 bhk and 3 bhk flats are still available for booking in Palash 2i.

How come? Why? Because, after the Global financial crises, cancellations happened not only in Paranjape Schemes' Blue Ridge at Hinjewadi or Magarpatta's Nanded City Pune on Sinhagad road but in all small and big projects in Pune real estate market.

Good news is that Palash 2i has not only managed to construct, till now, as per the promise ( and proved us wrong! ) but they are trying to give the possession before the promised date, March 2010!

Considering the current preference of booking in the project in which 70 % construction is complete and 70 % not bookings but agreements are registered, i thought some of you may reconsider Palash 2i!

For your convenience, personally i find downloading PDFs of floor plans and viewing them in Google Docs very inconvenient and time taking process, i am blogging the floor plans and costing of Palash 2i, Wakad.
Please, click to enlarge:

Total cost= basic cost (saleable area x rate) + MSEB & Open Parking (Rs. 1,50,000) + Development Charges (Rs. 50,000) + Society (Rs. 10,000)

Stamp Duty and Registration charges extra

3 bhk flat in Palash 2i - A1 type:

Carpet Area 913 sq.ft. - Rs. 36.54 Lakhs to Rs. 39 Lakhs

3 bhk flat in Palash 2i - A type:

Carpet Area 913 sq.ft. - Rs. 36.15 Lakhs to Rs. 38.58 Lakhs

2 bhk flat in Palash 2i - B type:

Carpet Area 718 sq.ft. - Rs. 29.46 Lakhs to Rs. 31.41 Lakhs

2 bhk flat in Palash 2i - B1 type:

Carpet Area 718 sq.ft. - Rs. 30 Lakhs

Related Story:

What's happening at Vilas Javdekar and Associates' Palash 2 and Palash 2i at Wakad near Hinjewadi, Pune?

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3) February 2009: most popular posts

4) January 2009: most popular posts

5) 20008: most popular posts

Sunday, May 17, 2009

Fractional ownership of property - a new concept that emerges from the recession

An alternative to a wholly owned second home

Innovative solutions to the recession can include fractional ownership of property - typically a second home, where the total cost is borne by multiple parties, so reducing the capital and yearly load on an individual.

This ensures that the person who has the money and the inclination to spend on leisure time pursuits does not need to think about too many repercussions.

RCI, the resort affiliation group who deal in timeshare holidays, have gone one step further into this market where they will help in negotiating and making the most of a timeshare home, a deeded property.

According to Radhika Shastry, Managing Director, Group RCI, India, "Shared ownership offers considerable potential for developers, operators and financial institutions. These models offer increased resilience during fluctuating market conditions.

In response to a desire for a high quality alternative to a wholly owned second home, without the associated costs, hassles and responsibilities, sales of fractional homes have demonstrated a market with considerable untapped demand in India.

In the US and Europe this concept has caught on big time, with people exchanging their own fractional home for fractionally held homes in other countries - which is where we come in"
To read more, please, visit - Times Property

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Do you think new UPA government will do anything to reduce the property rates?

UPA should encourage low cost housing - (means give incentives to builders)
"For the real estate sector we expect them (UPA) to really work on initiatives to encourage the sector to produce low cost housing," said Sanjay Chandra, MD, Unitech.

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PCMC to issue notices to property tax defaulters

The Pimpri-Chinchwad Municipal Corporation's (PCMC) property tax department will soon issue notices to property tax defaulters having arrears of more than Rs 1 lakh and give them 15-day time to clear their dues before initiating the process of seizing their properties.

Shahaji Pawar, the PCMC's assistant commissioner, said, 'Property tax arrears of Rs 52 crore are yet to be recovered and we will take strict action to recover the dues.'

He said, 'The property tax defaulters will be given one chance to clear the arrears.'
To read more, please, visit - The Times of India

Click for PCMC Property Tax Calculator and To Pay Property Tax On-line

Visit: http://www.pcmcindia.in/Boundry.asp?MID=3&PID=3&MenuID=88&Title=Property%20Tax#

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Saturday, May 16, 2009

Amit Enterprises - ready possession, early possession 2 bhk, 3 bhk flats and special offers, discounts on property rates

Amit's Treasure Park at Sant Nagar, Parvati, off Satara Road:

I have an interesting memory of Amit's Treasure Park.

More than an year ago, in the last week of February 2008, i had spend half a day in most of these 2 and 3 bhk ready possession flats. I was assisting my client, who was in US, to finalize his flat.

Before he went to US, my client had been to Amit's Treasure Park. So, he knew that few 3 bhk flats had a view of Parvati and Talajai Hills. But he took time and on the day, he was ready to book, those flats were not available.

Now, it was my duty to find an equally good option! Over the phone, we discussed each and every flat, it's terrace and the view. A tough job!

14 months ago, property rate of Amit's Treasure Park was Rs. 5,600 per sq.ft. Today it is Rs. 5,800 per sq.ft. At this rate simple 2 bhk flat goes for 66 lakhs!


View Ready possession, possession by December 2009 properties in Pune Real Estate Market in a larger map

Amit's 9 Green Park:

Along with Amit's Treasure Park, in the last 14 months, Amit's 9 Green Park's property rate has also increased by 200 rupees.

Located in the 'up market' locality ( means up on the hill slop!) of Sahakar Nagar 2, 9 Green Park's current property rate is Rs. 5,800 per sq.ft.

At this rate including everything, 2 bhk flat ( carpet area 686 sq.ft.) goes for 63 lakhs and 3 bhk ( carpet area 926 sq ft.) for 83 lakhs. Possession is in October 2009!

Amit's Bloomfield, off Sinhagad Road, at Ambegaon:

Amit has rationalized the property rates of Bloomfield! Now, along with the standard rate of Rs. 4,200 per sq.ft., for the flats with less specifications, there is a special property rate. Rs. 3,600 per sq.ft.!

Ready possession flats at Baner - Balewadi:

Emerald Park has ready possession 3 bhk flat for 38 lakhs. Sapphire Park has ready possession 2 bhk and 3 bhk flats. Amit has reduced the property price of Sapphire Park by 400 rupees. Thanks to new reduced property rates. Now, at Rs.3,200 per sq.ft., minimum budget has come down to only Rs.45 lakhs!

Now, all inclusive price of 2 bhk flat in Amit's Astonia, Amit's third project at Balewadi, is Rs. 26 lakhs.

Thanks Amit for presenting "A Home For Everyone"!

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Kalpataru Estate at Pimple Gurav, Pune, increases the property rates of 2 bhk and 2.5 bhk flats by 100 rupees and 3 bhk flats by 50 rupees!

New increased property rates of Kalpataru Estate, Pimple Gurav:

2 bhk flat: Rs.2,400 per sq.ft.

2.5 bhk flat: Rs. 2,300 per sq.ft.

3 bhk flat: Rs. 2,300 per sq.ft.

Increasing property rate works as a trigger!

You see an ad in today's newspaper. Call Amit 99701 65776. First, he refuses to talk about property rates over the phone. Then he tells you about the price rise. You panic. He tries to calm you down by saying,"Come to the site and we will see!" You rush to Kalpataru Estate at Pimple Gurav. Negotiate for the old property rates. Instantly book the flat. Right?

What an idea to motivate you to take a decision to book high budget flat. 2 bhk flat: 32 lakhs. 2.5 bhk flat: 36 lakhs. 3 bhk flat: 38 lakhs!

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DSK Vidyanagari, behind Pashankar Auto, Baner and DSK Janhavi, Bavdhan - last 2 days, 16TH & 17TH May, to get the benefit of launching property rate!

1 bhk and 2 bhk flats near Hinjewadi, Pune:

D. S. Kulkarni Developers' DSK Vidyanagari, on Pashan Sus Roda, behind Pashankar Auto in Baner and DSK Janhavi at Bavdhan were launched on Thursday, 14TH May, 2009.

Ad in today's newspaper says that 16Th and 17TH May, today and tomorrow, are the last 2 days to get the benefit of an "inaugural property rates" when both projects have a "package deal". No per sq.ft. property rate!

In a way, this is good! Because, saleable areas and property rates based on saleable area are misleading!

DSK quotes only lump sum total cost. For example:
(total cost including stamp duty and registration)

DSK Vidyanagari, Baner:

1 bhk flat: 508 sq.ft. Carpet: Rs. 19.97 lakhs

2 bhk flat: 795 sq.ft. Carpet: Rs. 30.42 lakhs

DSK Janhavi, Bavdhan:

1 bhk flat: 438 sq.ft. Carpet: Rs. 16.17 lakhs and 16.47lakhs

Related Story:

D.S.Kulkarni Developers opens booking of 3 bhk flats and duplex apartment in DSK Hariyali at Modi Baug on Pune University road

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Friday, May 15, 2009

Lok Shasan Andolan suggests that if the State Govt along with PMC, PCMC amend their policies 3 -4 lakh affordable flats can be constructed

PMC & PCMC, free the land acquired under one or other pretext:

Satish Khot, sec-retary of Lok Shasan Andolan said, “There is about 500 hectare land avail-able in the rural areas adjoining Pune.

If more land becomes available under the residential area, it will also mean that more houses will be built.

According to Joshi, “There can be 220 flats of 450 sq ft built on one hectare of land.

If we consider the total amount of land, total number of flats available will be at least 3 to 4 lakhs."
To read more, please, visit - House that? Devidas Deshpande

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Service apartment - creche-like facility - for the senior citizens at Baner - Apple Assisted Service Apartments

Apple Hospitality Services introduces international Standard Assisted Living facility for elderly

Bookings for the service apartments to commence from June 1:
Apple Hospitality Services, Pune, has ventured into healthcare hospitality introducing an international standard assisted Living facility for the elderly.

Speaking to reporters the promoters of Apple Hospitality Mr. Gautam Dedhia and Mr. Chirag Naik said that Healthcare hospitality is a new concept be it medical tourism, old age care, pre and post operative care or just having to care for elderly in case children are abroad or out on work.
Apple team comprises of professionals is already established into Service Apartments business and this venture is in consulting collaboration with HE-Tech focusing on US healthcare outsourcing.

Assisted Living means:

Many definitions embrace a philosophy of assisted living that includes:
meeting a resident's scheduled and unscheduled needs; maximizing a resident's independence, privacy, autonomy, and dignity; minimizing the need for a resident to move when his or her needs change; and providing a homelike environment.

Assisted living residences or assisted living facilities (ALFs) provide
supervision or assistance with activities of daily living (ADLs);
coordination of services by outside healthcare providers;
and monitoring of resident activities to help to ensure their health, safety, and well-being.

Residents of assisted living facilities need not be concerned with daily meal preparation, because a central kitchen and dining facility typically provides three meals each day.

The central dining facility also allows for visiting with others without having to leave home. This greatly reduces the isolation that elderly, disabled people may suffer when living alone and who are afraid (usually for physical reasons) to leave their homes.

The first of its kind for elderly in form of Apple Assisted Service Apartments in will provide an opportunity for senior citizens living alone, a safe, sound and 24/7 help along with company of other senior citizens.

Mr. Naik added that, there is an immense need in market for such reasonably priced but yet very comfortable facilities for old people.

Working couples, NRIs, Traveling Professionals and Business persons can find appropriate solution to provide comfortable stay with total care for their parents.

Senior citizens living alone will also find it very appealing.

Hospitals Vs Apple Assisted Service Apartments:

According to survey done at leading hospitals in Pune, there is significant number of old age occupants. Most of them had no sickness, but their children are worried about them.

Old age, it seems, is the illness which is forcing them out of their homes and permanently into hospitals. So instead of occupying much needed hospital beds they can use such facilities.

Moreover at the leading Hospitals, private room charges are astronomical, so there is a need to provide facilities at the rates which are affordable for the children of these elderly patients. Most of these children stay abroad and are a worried lot, especially when their over elderly parents live on their own.

The fact that 71 million people, or 11% of the country's total population, are over 60 years, and a significant 0.3% are over 80 years, makes it all the more imperative to create an alternative (to the family) institutions to take care of this segment of the population. These figures are from the 2001 census, with the country's total population touching 1.02 billion.

Facilities at Apple Assisted Service Apartments:

The facilities are made up on international standards with 24/7 monitoring and help, on call facilities tie-up and modern communications.

Psychological counseling which is found the one needed most by US old age homes.

AC rooms with TV sets on sharing/non sharing basis,

Separate arrangement for ladies and Gents

24/7 nursing attention

Routine Medical checkup

Online upload of critical data for remote physicians /relatives.

Video conferencing/chat facility for remote physicians/relatives,

Advanced electronic security and 24/7 Guards


On Call Ambulance and tie up with leading Hospitals/physician for emergency care

Psychological Counseling

Hygienically Boarding Arrangements designed by nutritionist

Admission on Monthly/weekly/daily basis.

Individual storage

On call provisions, medicine, transport

Reading Room

Activity center for common interaction:
prayer room, TV, cultural program, Music and Old movies collection, Special sessions of yoga etc from experts.
Tie-up, soon, with Laughter clubs
and associations like NRIPO to have some innovative activities.

The staff: well trained by means of qualified nursing experience.
The entire show will be run by a qualified Doctor.
The staff has been trained on soft skills and old age psychology sessions by experts.

1 month camp for senior citizen from 1st June:

The company also has planned to conduct a one month camp for senior citizen from 1st June.

This camp is one of its unique kind . Normally one associates activity camps with children. But here senior citizens will enjoy ambiance of the facility, service while interacting with other senior citizens having common interest.

The activities include picnic, cultural program, yoga, counseling session, creative arts, quizzes etc.

Future plans: Kothrud, Koregaon Park and Medical Tourists form US!

Speaking on the future plans Mr. Dedhia said that the idea here is to grow from this single facility into at least 3 facilities in Pune like another one at Baner Rd, Kothrud, Koregaon Park.

"We are currently talking with several US-based agents to bring non-critical medical cases to India who can stay at our facility. Our next move is to promote medical tourism," Dedhia said.
IndiaPRwire

Prices of the apartments:

Speaking more about the prices of the apartments, Gautam Dedhia, partner Apple Hospitality Services, added, “as of now a total of 35 such apartments will be available, which will be spread over two apartments in Baner. The area of the two properties will be 10000 sq ft and 3000 sq ft respectively.

As far as pricing goes, the range is Rs 600 for the normal apartments, and Rs 1000 for the exclusive apartments for a day.

The rates for them for a week are between Rs 3500-Rs 6000 and between Rs 13000-Rs 20000 a month.”

The area of the houses will be in between 250 sq ft to 500 sq ft. and a maximum of 75 people can stay at the two apartments at any given time. To read more, please, visit IndianExpress

For Bookings Contact:

Apple Assisted Living Apartments

Survey No 276, Sai park

Behind Seasons, Sanewadi

Baner. Pune

India

Tel : +91-20-66269900/99

Mr. Chirag Naik +91 98501 34444

Mr. Gautam Dedhia +91 98225 49530

Email: service@puneassistedliving.com

Website: www.puneassistedliving.com

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) April 2009: most popular posts

2) March 2009: most popular posts

3) February 2009: most popular posts

4) January 2009: most popular posts

5) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

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Thursday, May 14, 2009

Tata Shubh Griha at Boisar - Tatas' nano housing plan takes off in style

Tata Group has sold around 3,500 application forms for its low-cost housing project, Shubh Griha near Mumbai, in the first two days of booking, three-and-a-half times the number of apartments the company is planning to build under the project, a company executive said.

The pricing of the project has taken many by surprise. Its Shubh Griha website (www.shubhgriha.com) has received 15 lakh hits in four days since announcement of the project.

This includes 6.7 lakh hits from the US and 3.3 lakh hits from India, as per the executive.
To read more, please, visit - -The Economic Times

Related Stories:

1) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

2) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) April 2009: most popular posts

2) March 2009: most popular posts

3) February 2009: most popular posts

4) January 2009: most popular posts

5) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

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D. S. Kulkarni Developers opens booking of 1 bhk flat for 17.80 lakh and 2 bhk flat for 27.66 lakh at Baner and 1 bhk budget flats at Bavdhan!

DSK Vidyanagari, Pashan Sus Road, Baner

DSK Janhavi, near DSK Ranwara, Bavadhan

DSK Vidyanagari, township of 188 flats, behind Pashankar Auto, on Pashan Sus road, is designed by Arc. Hafeez Contractor. I liked 1 bhk flat he has designed in DSK Meghmalhar in DSK Vishwa. I am very curious to see this plan. As per the ad it looks like that garden, children's play park, gym and generator back up are the amenities.

DSK Janhavi, Bavdhan, has 16 flats of 1 bhk.

For booking visit sites.(10 am to 7 pm)
Call: 020 6604 7100
www.dskdl.com

Relates story:

D.S.Kulkarni Developers opens booking of 3 bhk flats and duplex apartment in DSK Hariyali at Modi Baug on Pune University road

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Eiffel City Chakan - Fully furnished 489 sq.ft. 2 bhk flat for (12 + 1) lakhs offer ends today!

You must be joking!



No! I am not. I saw an ad on the front page of today's Sakal! Anyway, the offer was supposed to close today. Isn't it?

Related Stories:

1) Eiffel City at Chakan gets a huge response!

2) Eiffel City, Chakan, opens booking of 489 sq.ft. fully furnished 2 bhk terrace flat for 12 lakhs!

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