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Wednesday, September 8, 2010

Reelicon Felicia Baner Pashan Link Road - 1 BHK Flat for Rs. 29.6 to 33.08 Lakhs & 2 BHK Flat for 41.22 to 42.89 Lakhs only!

Property Rate at Reelicon Felicia on Baner Pashan Link Road - Only Rs. 3,750 per sq.ft.!


Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Bookings!
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Bookings!

When i visited Reelicon Felicia on Baner Pashan Link Road, i was curious about many things. For example -
1) What would be the property rate at Reelicon Felicia on Baner Pashan Link Road?
2) What would be the property price of a 2 BHK Flat at Reelicon Felicia on Baner Pashan Link Road?
3) Are 1 BHK Flats at Reelicon Felicia on Baner Pashan Link Road open for booking?
4) What would be the property price of a 1 BHK Flat at Reelicon Felicia on Baner Pashan Link Road?
5) Who is the builder of Reelicon Felicia on Baner Pashan Link Road?
6) What is the exact location of Reelicon Felicia on Baner Pashan Link Road?

It sounds weired, i know, but yes, i was repeating the "full name", exactly as i have written above, "Reelicon Felicia on Pashan Baner Link Road" when i was asking these questions to myself! Because, this time real hero was the location - Baner Pashan Link Road. Right?

For me "1 BHK Flat on Baner Pashan Link Road" was as exciting as "1 BHK Slim Fit Home in Blue Ridge Hijewadi" for Paranjape Schemes. For my reader, Mr. Atul, "Compact 2 BHK Flat with Swimming Pool and Club House on Baner Pashan Link Road" was a big attraction. In his comment on my blog on the launch of Reelicon Felicia on Baner Pashan Link Road, Atul has said:
"Would like to know the rates too.

My guess is that since the area is smaller for 2 BHK flats, 948 sq.ft. - the rates would be approximately around Rs 4000/- to Rs 4250/- costing a 2 BHK flat minimum Rs 40,00,000/-"
So, on the day of a launch, when i visited Reelicon Felicia on Baner Pashan Link Road, i straight way went to "booking counter" - which was crowded like a booking window of a Cinema Theater of the old days!

"Mr. Botre! Good to see you here!! I am Ravi Karandeekar...," extending my hand, i said to the salesperson.

"I am here for ages!," Mr. Botre, age 65 - may be 70, said and gave me the brochure and property price list of Reelicon Felicia on Baner Pashan Link Road.

Looking at the property price list, i said,"Rs. 3,750 per sq.ft.?"

"Launch offer for 1st to 4th floor! From 5th floor Rs. 50 per sq.ft. premium! My neighbor is charging Rs. 4,000 per sq.ft.!" Mr. Botre said.

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - property buyers at the launch
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - property buyers at the launch

Site of Reelicon Felicia on Baner Pashan Link Road was looking like a venue of wedding reception, so i had to search for a chair. When i was browsing the brochure and the property price list of Reelicon Felicia on Baner Pashan Link Road, I was forced to drink a couple of cold drinks, and eat multiple dishes of the snacks.

When i finished with the brochure, and started looking around, i didn't have to ask anybody "Who is the builder of Reelicon Felicia on Baner Pashan Link Road?". I saw three young fellas standing together, surrounded by a crowd, like a bride and a groom at the reception, accepting flowers from the visitors. I went ahead and took their photograph. Of course, i didn't forget to ask someone "who's who?"!

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Directors - Mr. Milind Jadhav, Mr. Dhananjay Nimbalkar, Mr. Anil Salunlkhe
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Directors - Mr. Milind Jadhav, Mr. Dhananjay Nimbalkar, Mr. Anil Salunlkhe

Coming out of pandal, i took photographs of all prestigious projects which are sharing compound wall with Reelicon Felicia - Mont Vert, Paranjape Schemes' Magnolia, Cristal Garden etc. Not only that, i zoomed my camer to max and tried to see whether my friend is taking a sunbath in her penthouse in Rachan Goldcost. But a helicopter "took off" from the bungalow near Gold Cost and i saw a familiar waving hand! Oh! What an offer!! 1 BHK Flat for Rs. 29.6 to 33.08 Lakhs... 2 BHK Flat for 41.22 to 42.89 Lakhs.... only!

Have a look at the property prices of 1 BHK & 2 BHK Flats and a few photographs i shot at Reelicon Felicia on Baner Pashan Link Road:





1) Service Tax and / or any other tax extra.
2) Registration within 15 days form the booking
3)Project approved by HDFC, ICICI, SBI & other banks
4) Possession - September 2012 approximately
5) Maintenance @ Rs. 1.5 per sq.ft. per month for 12 months to be paid at the time of possession
6) This is a launch offer - for the current rates, please, contact Mr. Botre on 91 99229 12015


View Reelicon Felicia 1 BHK & 2 BHK Flats on Pashan – Baner Link Road, Pashan, Pune in a larger map

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - site
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - site

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Paranjape Schemes' Magnolia
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Paranjape Schemes' Magnolia

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Mont Vert  Biarritz 2
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - Mont Vert  Biarritz 2

Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - neighbors - Paranjape Schemes' Crystal Garden and Felicita Baner
Reelicon Felicia, 1 BHK and 2 BHK Flats on Pashan Baner Link Road - neighbors - Paranjape Schemes' Crystal Garden and Felicita Baner


Reelicon Felicia and Baner Pashan Link Road from my friend's penthouse in Rachana Goldcost:


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3) FRIDAY, MARCH 5, 2010

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7 comments:

  1. I am currently working Hyderbad but I belong to Pune. I am worried to see rates in Pune crossing 4000/- per sq.ft!.
    Currently, in hyderabad reputed builders like DLF are offering rate around 3,000/- per sq.ft!. Pune and Hyderabad being similar sort of cities (for e.g: population, IT people etc...), I am really worried that Pune is getting into bubble ahead of its time.

    Thank you.

    ReplyDelete
  2. Hi ,

    I am in US right now and am considering owning a flat in Pune. However I plan to move into it only after 3-5 years and would like to rent the flat till then. Is it a good site to get a handsome rent to offset my housing loan cost ?

    Thanks and keep up the good blog !!

    ReplyDelete
  3. Dear P1, when the pre-tax rental yield is just around 3.5%, do you think you'll able to offset your housing loan cost with the rent?
    I guess not unless you put in a hefty down-payment amount.

    ReplyDelete
  4. See what happened in Baner and Pashan after the rains in last couple days. The area is totally screwed due to illegal constructions in riverbed.
    And people have to shed 50 lakhs to get a decent flat in Baner. Pune's infrastructure is crap and still the property prices are sky rocketing.
    I hope people think 10 times before investing so much money in Pune.

    ReplyDelete
  5. Nice project....it look very interesting

    ReplyDelete
  6. Ravi,Have been reading your blogs and it gives a really good insight into what is happening in pune. I am from Thane and looking at investing in real estate (2 BHK) in Pune. Being from Mumbai/Thane area, most people I came across are investing in Wakad or neary the bypass. I personally felt that this area is overpriced. This project "Reelicon Felecia" sounds like a good buy given the location. I am not sure if the other building are too close by. I am also exploring other options from the perspective of 1) Long Term returns 2) Rental. I am not sure if Talegaon is a good option or if PCMC around old Mumbai-Pune Hwy is a better option.
    Any oter suggestions?

    ReplyDelete
  7. Hi Ravi,

    I work with an IT company in Hinjewadi and looking for a flat with a budget of around 33 lacs.I know the budget is quite stiff and i might have to compromise with the location in that case but I am equally concerned about the connectivity to pune city and adjoining areas.
    How about going for 1 BHK in Baner,pashan and adjacent areas? plz suggest and also if you can help me with the names of some good projects that will be great...Thank you.

    ReplyDelete