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Sunday, January 3, 2010

2 BHK Flat for 7 Lakhs!

Anandgram Yavat News:

Whenever small budget 1 BHK & 2 BHK Flats are launched, they are advertised as something unexpected, impossible, unbelievable happening in Pune real estate market!

For example, when Darode Jog Properties launched "1 BHK home in just 12 lakhs!!" in Greenland-County at Narhe Ambegaon, off Sinhagad Road, it was "An Unbelievable Truth".

Darode Jog Properties' Greenland County at Narhe Ambegaon Pune

When Sara City Chakan launched 1 BHK Flat for Rs. 6.99 lakhs, you were warned "To get ready for the shock of your life!"

Sara City at Chakan
When Eiffel City Chakan launched 'fully furnished 2 BHK Flat at Rs. 12 lakhs only', they thought "You must be joking!" would be your reaction.

Eiffel City at Chakan

2 BHK Flat for 7 Lakhs!:

For a builder "2 BHK Flat in 12 lakhs, and 1 BHK Flat in 7 lakhs" may be unbelievably less property price. But for a property buyer in Pune it was not too less a cost and not an easily affordable home. However, we didn't object much because, after all it was just real estate advertising. Where "Only" comes, without fail, after any "per sq. ft." property rate. Right?

However, in case of Anandgram Yavat, 35 klms from Magarpatta City Hadapsar, on Pune Solapur Highway, it's not the builder, Vastushodh Projects, but the critical press found "2 BHK Flat for 7 Lakhs" something unexpected, impossible, unbelievable news!

View Satellite Towns of Pune in a larger map

At the press conference, reporters asked probing questions. But their tone was not sarcastic, as usual. They were actually curious to find out why this builder, my dear friend Sachin Kulkarni, MD of Vastushodh, is building homes for the class of people which was completely ignored by all builders in Pune.

The press wanted to find out how Vastushodh has managed to give 2 BHK Flat for 7 Lakhs. As much as me, even they were concerned about the finance and profitability of the builder!

The appreciation expressed in the press conference, reflected in the news about Vastushod Projects' initiative of developing satellite townships of affordable homes for the masses.

2 BHK Flat for Rs. 7 Lakhs!

"2 BHK Flat for 7 Lakhs" was the breaking news for Sakal, leading Marahti Newspaper, and DNA .

2 BHK Flat for Rs. 7 Lakhs
For the first time in Pune real estate market, these newspapers gave the information about the property prices of 1 Room Kitchen, 1 BHK Flats and 2 BHK Flats in Anandgram Yavat!

About Anandgram Yavat
If these newspapers had published "For Bookings Contact", the address and phone numbers, I am sure, for Anandgram Yavat there was no need to give a launch ad!

Have a look at these news stories and tell me what do you think of Anandgram Yavat. Isn't it a good idea to build satellite townships of affordable homes for those who earn 5,000 to 10,000 rupees per month?

Related Stories:

1) Get Rs7 lakh flats 50-km from city

2) About Anandgram Yavat: Slide Show

3) Sachin Kulkarni, of Vastushodh Projects, to announce satellite townships of 1 RK, 1 BHK & 2 BHK Flats in the budget range of Rs. 3 to 9 lakhs

4) Ravi Karandeekar's Pune Real Estate Market News Blog - 50 popular blogs of 2009

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  1. That should be the price in Pune rather than outside Pune and that too some 50 kms from Pune.

    In fact, that was typical price in Pune (PS, PG, etc) in 2005.

    Now same flats cost three to four times in just 4 years.

    This shows how builders have screwed up Pune RE ...

  2. Mr Darode Jog, 1-BHK for 12L is NOT cheap.

    Stop fooling ....

    Jago Grahak Jago!