Reelicon believes that even if your budget is in the range of Rs. 60 to 65 Lakhs, 'gabru jawan' like you deserves to own a 2.5 BHK or a 3 BHK Flat near Pancard Club in Baner Pune!
"What's up at Pancard Club, Baner Pune?"
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| Mr. Milind Jadhav, Mr. Dhananjay Nimbalkar, Mr. Anil Salunlkhe at the launch of Reelicon Felicia on Baner Pashan Link Road, Pune |
Guys, you would be happy to know that M/s Dhananjay Nimbalkar, Anil Salunkhe and Milind Jadhav, Directors, Reelicon Shelters Pvt. Ltd. (www.reelicon.org), love to build homes for you. Even at a premium location like Pancard Club at Baner Pune!
Because, all of them are like you - 'Gabru Jawan', in their thirties and share your aspirations and desires.
They know that - every 'Gabru Jawan' wants to live in Baner. In real Baner.
They know well - how painful it would be for you to go to the other side of Mumbai Bangalore Bypass or in Balewadi and pretend to live in Baner.
So, they have planned their upcoming project - Reelicon Alpine Ridge - near Pancard Club, at Baner Pune, in your budget. (Click here to visit the location plan of Reelicon Alpine Ridge)
Here, at Reelicon Alpine Ridge, you can get a 3 BHK Flat or a 2.5 BHK Flat in 60 to 65 Lakhs. And a 2 BHK Flat in 49 - 51 Lakhs. (Click here to visit the floor plans of Reelicon Alpine Ridge)
If you are aware about the current property prices in Baner, you will appreciate their efforts and consider their pre-launch offer seriously. (Click here to contact Reelicon Alpine Ridge)
For example, at Crimson Dale Baner, at the property rate of Rs. 4,500 per sq.ft. a 2 BHK Flat of 1264 - 1282 sq.ft. saleable area goes for Rs. 63 - 64 lakhs, a 2.5 BHK of 1433 - 1445 saleable for Rs. 71-72 Lakhs and a 3 BHK of 1624 - 1633 for 80!
When i found out about this huge difference between the property prices at Reelicon Alpine Ridge and other projects in Baner Pune, i tried to call the Home Minister of the Central Government of India to find out whether - RSS - VHP is behind this too? After Black Money and Corruption are they trying to bring down the 3rd pillar of Indian Economy - real estate market and destabilize the Indian democracy? - but his phone was out of range.
So, i called the builder and directly asked him, - "When all are selling 2.5 BHK & 3 BHK Flats in Baner above 70 Lakhs - how are you managing to sell it in less than 70? Is RSS - VHP behind this project?"
- Milind Jadhav, one of three directors of Reelicon, said, "No one but 3 Gabru Jawans are behind this! You see the difference because Reelicon Alpine Ridge is by the Gabru Jawans and for the Gabru Jawans! We manage this by controlling 'greed'! By controlling construction costs - without compromising on quality and by planning smartly! Result is affordable and luxurious Reelicon Alpine Ridge - Gabru Jawan's Den!"
Have a look at the site of Gabru Jawan's Den -
Reelicon Alpine Ridge, 3 BHK, 2.5 BHK & 2 BHK Flats near Pancard Club, Baner Pune:
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| Reelicon Alpine Ridge, 2 BHK - 2.5 BHK & 3 BHK Flats near Pancard Club, Baner Pune - Elevation Layout |
View Reelicon Alpine Ridge, affordable & luxurious 2 BHK - 2.5 BHK & 3 BHK Flats near Pancard Club, Baner Pune in a larger map
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| Soon....Baner Hills will become green and a smart project of affordable & luxurious ..... |
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| Soon....Baner Hills will become green and Reelicon Alpine Ridge, a smart project of affordable & luxurious 3 BHK, 2.5 BHK & 2 BHK Flats will be launched! |
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| Soon....Baner Hills will become green and Reelicon Alpine Ridge, a smart project of affordable & luxurious 3 BHK, 2.5 BHK & 2 BHK Flats, between Pancard Club and Pride Platinum at Baneer Pune will be launched! |
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| Construction Begins! - Reelicon Alpine Ridge 2 BHK 2.5 BHK 3 BHK Flats near Pancard Club Baner Pune |
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| Pancard Club is really near! Reelicon Alpine Ridge 2 BHK 2.5 BHK 3 BHK Flats at Baner Pune |
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| View of Pride Platinum from Reelicon Alpine Ridge, 2 BHK 2.5 BHK 3 BHK Flats, near Pancard Club Baner Pune |
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| Site office of Reelicon Alpine Ridge 2 BHK 2.5 BHK 3 BHK Flats near Pancard Club Baner Pune |
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| A few residential projects near Pancard Club, Baner Pune - view form the site of Reelicon Alpine Ridge, a township of 2 BHK 2.5 BHK 3 BHK Flats at Baner Pune |
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| Venkateshwara Mirabel (www.venkateshwara.net) from Reelicon Alpine Ridge, 2 BHK 2.5 BHK 3 BHK Flats, near Pancard Club, Baner Pune |
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| Supreme Pallacio (www.supremeuniversal.in) From Reelicon Alpine Ridge, 2 BHK 2.5 BHK 3 BHK Flats, near Pancard Club, Baner Pune |
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| Baner road to Mumbai Bangalore Bypass - Under-Construction D P Road for Reelicon Alpine Ridge, 2 BHK 2.5 BHK 3 BHK Flats, near Pancard Club, Baner Pune |
Dear Gabru Jawan, for the pre-launch offer of Reelicon Alpine Ridge, Pancard Club, Baner Pune, please, contact:
Mr. Prasanna Shetty 99227 99777 / reeliconshelters@gmail.com / www.reelicon.org
Latest Updates:
4) WEDNESDAY, JUNE 20, 2012
2 & 3 BHK Flats near Pancard Club Baner, Pune
3) SATURDAY, JUNE 16, 2012
Amit's Sereno Baner Unveiled!
2) MONDAY, MARCH 12, 2012
For Those Can Make Who an ATM Spit Out Money!
1) FRIDAY, JULY 22, 2011
Reelicon Alpine Ridge, Pancard Club, Baner, Pune 411 045; Launched!
Related Stories:
1) THURSDAY, JUNE 2, 2011
What's up at Pancard Club, Baner Pune?
2 Roads & 1 Upcoming Project!
2) FRIDAY, JUNE 3, 2011
Looking for a 3 BHK Flat in Baner Pune which has 23' x 15' living cum dining, 10' x 10' kitchen, 16' x 11' master bedroom?
3) WEDNESDAY, JUNE 1, 2011
May 2011 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog
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Two things here: -
ReplyDelete1) Terrace is 100%.
2) Loading is 30%.
When calculating the rate take this into consideration when comparing with nearby projects that charge 50% for terrace and have 25% loading. Then this does not look so cheap and attractive.
Dear Ani,
ReplyDeleteNow, we are in 2011.
"Saleable area" "Loading" "50% 0r 100% Terrace" were considered in the last century.
In Maharashtra, property is sold on the 'carpet area'. Carpet area gives you more clear idea about the usable space in side the 4 walls.
Please, de-learn.
Look at the property price from the buyer's point of view.
Not from the 'builder's' point of view'!
You can do that!
Ahh...."Last Century"
ReplyDeleteHere comes mine as well as Ravi's pet term.
Good old “Last Century”
-----------------------
Consider a flat with 1000 sqft carpet & 200 sqft terrace.
In the good old “last cenury”:
50% of terrace (100sqft) + 30% loading on (1300sqft) gives salable area = 100+1300 = 1400 sqft
In RaviK pet Gabru Jawan’s GenX+ century, same flat salable area is calculated as:
30% loading on [ 100% of terrace (200sqft) + Carpet (1300sqft) ] = 130% of 1500sqft gives salable area = 1950 sqft
With change of formula to calculate salable area, the same flat which was earlier being sold as 1400 salable/built-up now sells as 1950sqft (that’s whopping ~40% more as compared to )
This is applicable to all builders, nothing particular against Relicon. As a buyer, we need to keep our eyes open and ask right questions – after all its about OUR hard earned money and half life burdened with EMIs.
Is my calculation wrong or is it just a trap by builders or are buyers buying in wrong century Ravi?
Oh, BTW location of this project sucks big time.
Typo correction:
ReplyDeleteIn the good old “last cenury”:
50% of terrace (100sqft) + 30% loading on 1000sqft carpet area (1300sqft) gives salable area = 100+1300 = 1400 sqft
waiting for Ravi's comment
ReplyDeleteWhy carpet area?
ReplyDeleteBecause 'saleable area' 'built-up" 'super-built-up' did't tell you exactly how much space you get inside the 4 walls.
In a flat you - only - own 'a space' inside the 4 walls - not the walls, not the ceiling, not the floor - only the 'space'.
To give falls idea about the space you pay for the builders used to give bigger numbers by adding terrace and other common areas and reducing the price by dividing it under many heads - parking, club membership etc.
So, to give almost realistic idea - now - property is sold on the carpet area.
It means that, now, you should divide all inclusive property price by the carpet area.
Means, at Crimson Dale & Reelicon Alpine Ridge the property rate is Rs. 7,090 per sq.ft. + ST+VAT. (approx)
But, besides the per sq.ft. rate - point is - in Pune real estate market - now - builders are building only for the people who have a certain budget.
In the prime areas - like Baner - Pune builders no more want to build a 1 bhk flat for those who have less than 40 lakhs budget.
(If your budget is not above 80 laksh you can't live in Kothrud.)
In the prime areas - Pune builders no more want to build a 2 bhk flat for those who have less than 50 lakhs budget.
In the prime areas - Pune builders no more want to build a 3 bhk flat for those who have less than 70 lakhs budget.
It means that young Punekars who earn around 1 lakh per month can buy only 1 BHK flat in Baner.
I am concerned about these buyers who are forced to live in a fringe village.
But Reelicon Alpine Ridge offers you an opportunity to own a 2.5 BHK or 3 BHK even if your budget is 60 - 65 and live in Baner.
- I am happy about 'an opportunity' and do not claim that the property is 'cheap'.
- Discussing old - out dated - ideas - means - not considering whether "is it worth to pay Rs.7000 plus per sq.ft. to live in Baner - or should be better to go to Megapolis (approx property rate Rs. 5018 per sq.ft.) or live in a fringe village like Sus?
I am real estate salesman. I care for the buyers. I write this blog to help them to take an informed decision.
Nice one Ravi. By the way, what are you saying?
ReplyDeleteGo for ones that are in market right now as ready possesion. These projects are still being sold with 25% loading and 50% carpet. I know trend for newer projects in Pune is now going to be 30+% loading & 100% terrace. I agree with Ravi that you should only worry about carpet area finally and not saleable area. Point is just to be aware of the terrace % and loading when calculating rates and people often get caught up in this builder is offering 4500 psf vs that one is 5000 psf. Even though when you do the agreement it is on Carpet area builders will generally tell you and quote you on Saleable area. I am happy that Ravi agrees that this property is not cheap even if it may appear so if you don't compare in the right way. Whether you buy or not depends on factors like your budget, location preference, infrastructure availablity etc. Just don't buy this because you have been misled that it is cheaper than the others in the area.
ReplyDeleteGrow up, guys! Start considering property rate based on the carpet area.
ReplyDeleteProperty rate = all inclusive price (means including VAT, Service Tax & Maintenance which you give at the time of possession) / carpet area
Property rates based on saleable area is an outdated idea.