Pune Property Blues:
One of my builder friends was upset with me. I am writing much too negative about 'investing in Pune real estate', he complained.
Insisting about not booking a flat at the launch stage of construction is against the law of nature, my builder friend claimed.
Speaking against the builders who launch projects without any sanctions & approvals is cruelty against the human spirit, my builder friend told me.
"As a real estate blogger it's your job to pump positive energy among Pune property buyers. Spread the message of sacrifice & hope and not cynicism & criticism!," said my builder friend and appealed, "Ravi, you have to re-fill your heart with positive sentiments about Pune real estate market!"
Since, i take my friend seriously, i decided to visit 138 acre reservoir of hope, sacrifice, faith & satisfaction at Hinjewadi Phase 1. The same place i had visited for the first time on 26th October 2007. Nearly 4 years ago, when i had just stared my Ravi Karandeekar's Pune Real Estate Market News Blog. To re-fill my mind with positive sentiments about investing in Pune real estate market, Paranjape Schemes' Blue Ridge (www.blueridge.in) was the ideal place.
At the reception of Blue Ridge Hinjewadi, i was asked, "what is your requirement? 2 BHK / 3 BHK?"
"I am looking for 1 BHK!," before i could say anything, a person next to me said.
"All are gone. But you may get against cancellation. Fill this form," the receptionist said.
"My full payment is ready. When is possession?," the 1 BHK Investor said.
"3 years," the receptionist said.
"Cool!," the 1 BHK Investor said.
"We are for 2 BHK," filling the form, M/s father and son said.
"2 BHK - 867 carpet - 53.2 lakhs & 3 BHK - 1107 carpet - 67 lakhs - possession after 3 years!," scribbling the prices on the brochure of Next-Gen Apartments - receptionist said.
"A 3 BHK in early possession?," son asked.
"Only 2 - 3 flats in Tower 2 / 3 / or 4. C Type 3 BHK - 1730 saleable area - 87.27 lakhs. December possession," the receptionist said and instructed the driver to take us all to the sample flat in Tower 1.
In the next 15 - 20 minutes, M/s Father & Son could only see me taking photographs, when actually, i was re-filling my mind with positive vibrations of thousands of property buyers who had booked flats in Blue Ridge Hinjewadi and were happily paying rent & EMI for more than 3 years.
View Paranjape Schemes' Blue Ridge, 138 Acre Integrated Township, Hinjewadi Phase 1, Pune in a larger map
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| Persistent Systems Limited, Plot No. 39, Phase 1, Rajiv Gandhi Information Technology Park, Hinjewadi, Pune - 411 057 - On Sunday Afternoon |
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| Infosys, Hinjewadi Phase 1, Pune |
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| Hinjewadi Phase 1 Circle |
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| Cognizant, Hinjewadi Phase 1, Pune |
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| Symbiosis Institute of International Business, Hinjewadi Phase 1, Pune, next to Paranjape Schemes' Blue Ridge |
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| Layout Plan of Blue Ridge Hinjewadi Pune |
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| Offices of Accenture at Paranjape Schemes' Blue Ridge SEZ, Hinjewadi Phase 1, Pune |
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| Paranjape Schemes' Blue Ridge SEZ at Hinjewadi Phase 1, Pune |
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| Paranjape Schemes' Blue Ridge SEZ & Residential Towers at Hinjewadi Phase 1, Pune |
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| Tower 1 - 4, Slim-Fit Homes & Site Office of Paranjape Schemes' Blue Ridge Hinjewadi Phase 1, Pune |
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| SEZ, Tower 1- 4 & Slim-Fit B1 & 2 in Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Residents of Tower 1 in Paranjape Schemes' Blue Ridge Hinjewadi Phase 1, Pune |
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| Entrance lobby of a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge Hinjewadi Phase 1, Pune |
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| At your service at 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Living cum dining of a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Dining cum living of a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Kitchen of a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Balcony & Master Bedroom (11'x14'1") of a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Blue Ridge Boat Club - Marina - from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Kumar Builders' KUL Ecoloch at Mahalunge from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Club House! - from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Tower 12 - 14 & Blue Ridge School - from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Tower 12 - 14 - view from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
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| Tower 2-3 & SEZ from a 3 BHK Sample Flat in Tower 1 at Paranjape Schemes' Blue Ridge, Hinjewadi Phase 1, Pune |
Related Stories:
1) SATURDAY, AUGUST 14, 2010
Blue Ridge Hinjewadi - What is the big event on 19th August 2010?
2) TUESDAY, MAY 3, 2011
Megapolis, Hinjewadi Phase 3, Pune 411 057 - from 28th April 2008 to 30th April 20011
3) WEDNESDAY, SEPTEMBER 21, 2011
Lunch date with Mahesh Saluja at Kolte-Patil I-Ven Marunje Hinjewadi "Special" Township
4) THURSDAY, SEPTEMBER 15, 2011
Sign "Improve Hinjewadi Roads, Traffic, Transport Service" Petition
5) FRIDAY, SEPTEMBER 2, 2011
Ravi Karandeekar's Most Popular Pune Real Estate Market News Blogs in August 2011
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Heard that BR has cancelled the bungalow part of the original layout. Any update of this as to why so and what will be coming there instead?
ReplyDeleteMegapolis or Blude Ridge ? What's ur call?
ReplyDeleteHello Ravi
ReplyDeleteAs you have written , 'One of my builder friends was upset with me' It seems your interest ‘rate’ ( sorry vested interest) has gone up. And he is not able to cope with his monthly EMI and his budget has collapsed. :)