Be informed about the upcoming social infrastructure for the 'thinking minds'!
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| Readers of Ravi Karandeekar's Pune Real Estate Market News Blog who came down from Katraj & Kharadi to Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
It doesn't matter whether you want to buy or don't want to buy a property, you must visit Kolte-Patil Developers' Life Republic (www.liferepublic.in) on Hinjewadi - Marunji - Kasarsai Road, Pune 411 057, today! Why? Because, the launch event of Life Republic is different from launch of any real estate project you may have attended. Launch event of Life Republic is more about sharing information than selling flats.
No. Not because, almost 30 per cent of the first phase of Life Republic is already booked. But, because, as Mr. Vijay Sane, Project Director, Kolte-Patil I-Ven Townships (Pune) Pvt. Ltd. who has been involved in planning 'urban neighborhoods' in China and South East Asia,says, Life Republic is all about developing social infrastructure for the next generation of Pune.
So, all of us who somehow manage to live a 'modern life' in old and out dated Wakad, Balewadi, Kasba Peth, Chinchwad or any part of Pune and Pimpri Chinchwad, this information event at Life Republic would inspire to think about our neighborhood in a different way.
In upcoming elections of PMC & PCMC, you will stop talking only about roads, water supply, Bio Diversity Park, Metro, BRTA and load shedding. You will start thinking about complete urban infrastructure which will help us all to live a better social life!
To inform how Life Republic (www.liferepublic.in) is going to go about it, Kolte-Patil I-Ven Townships has made good arrangements. Have a look at some pictures i clicked at Life Republic. Visit today. And start thinking about how you are going to change your lovely neighborhood in your city! Some day, your children will say, "My parents had thinking minds!"
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| Reader of Ravi Karandeekar's Pune Real Estate Market News Blog who came down from Kothrud at the show villa in Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
View Life Republic - Kolte-Patil I-Ven Mrunji Hinjewadi Township in a larger map
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| Life Republic, an integrated township at Marunji, hoarding at Hinjewadi, Pune |
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| To Life Republic on Hinjewadi Marunji Kasarsai Road Pune 411057.jpg |
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| Life and Life Republic Marunji Hinjewadi |
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| Entrance gate of Kolte-Patil Life Republic Marunji Hinjewadi |
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| Site Office of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Valet Parking at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Special Offers from Major Housing Finance Companies for Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Reception of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Thinking minds, please, register yourself at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| View the film, have a cup of coffee and wait for your turn at the reception lounge of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Have a look at the availability chart displayed in the reception lounge of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Model of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Cool place to discuss about investing in Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Play zone for the your kids at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Viewing gallery at the patio of the site office of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| 2 BHK & 3 BHK Show Flats are ready at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Dining in the show flat of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Show Villa at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Swimming Pool in the show villa at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Viewing Gallery at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Visitors at the viewing gallery at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| See 'what is where' in the first phase of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Under Construction Villas in Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| PCMC & Villas at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Villas, 6th & 7th Avenue of Apartment Towers (Blue Compound) at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| View of the New Cricket Stadium, Somatane Phata and Sugar Factory Area from Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Rajesh Rane, M D, Marrquee Event & Conferences, event mangers of the launch of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Welcome to the food court of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Punjabi food at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| South Indian food at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Pav Bhaji Stall at the food court of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Pizza Stall at the food court of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Sandwiches at the food court of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Mock tails at the food court of Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Delicious food at Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Udayan Mane, Sales Manager, Kolte-Patil 24K Allure at Undri and the property buyers at Life Republic, Marunji - Hinjewadi, Pune 411 057 |
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| Exchanging notes about Kolte-Patil Life Republic, Marunji - Hinjewadi, Pune 411 057 |
Related Stories:
1) FRIDAY, DECEMBER 9, 2011
Life Republic, Kolte-Patil Developers' "Special" Integrated Township at Marunji - Hinjewadi, - First Impression
2) THURSDAY, DECEMBER 8, 2011
Kolte-Patil Developers' Life Republic Marunji-Hinjewadi Township - Press Release
3) WEDNESDAY, DECEMBER 7, 2011
Life Republic - Kolte Patil Developers' Marunji Hinjewadi Township - will be launched on 9th December 2011!
4) WEDNESDAY, SEPTEMBER 21, 2011
Lunch date with Mahesh Saluja at Kolte-Patil I-Ven Marunji Hinjewadi "Special" Township
5) SATURDAY, DECEMBER 3, 2011
Ravi Karandeekar's Most Popular Pune Real Estate Market News Blogs in November 2011
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Its appalling to see so much "interest" in launch of so huge township whose completion date is unpredictable in an uncertain "tricky" economy....as long as buyers flock and crowd on these launches and express keenness in buying underconstruction property, prices will remain at unaffordable levels even to upper crests of middle class society.
ReplyDelete"duniya zukti hai...zukanewala chahiye.."
ReplyDeletewell done kolte-patil..!
thanks for the blog Raviji.
It was really useful..Thanks for the post..And I hope the same kind would be held in Bangalore..
ReplyDeletereal estate degrees
Life and Life republic frame composition is really fantastic! that picture speaks thousand more words in this blog
ReplyDeleteI liked the "Fresh Halaal" pic. Superb!!!
ReplyDeleteDear Ravi,
ReplyDeleteI am a regular reader of your blog and this is my first comment to your blog. First of thanks for being a source of information for all property buyers like us. I have the similar situation like kampooterwala. Its been so long I am searching for flat here in Pune. And as you are always suggesting, I am looking forward to buy a flat in ready possession. But considering such huge prices for ready possession flats, even though earning 40,000 Rs per month, I am not even able to find flat in my budget (which is 25lakh to 35lakh for 2BHK). Most of the builders expect to pay 8-10 lakh of downpayment amount (out of which 5lakhs would be black money),which is quite difficult for me. Some of my relatives says that there may come a recession in next 4-5 months and property prices in Pune may go down. Please let us know your expert opinion on this.
Also whenever i ask builders for the documents like NA order, 7/12 extract,sanctioned plan, they say that first of make a deal, give some token amount then take documents for verification. How do you suggest to deal in such kind of situations?
prices will not go down in near term...problem I think is lobby of these builders - some association kinda - might be putting pressure/support financially to a builder - who wants to bring property price down to complete project. So no way prices will come down even if they are it will be by very little margin...and these builders can sustain for year or two easily.
ReplyDeleteGreat post.thanks for the valuable information.
ReplyDeleteHi Ravi,
ReplyDeleteAs you earlier criticized Blue ridge for long duration for completion date. people's paying EMI and rent So what is possibility that Life republic will be completed on time (2-3 Years). is there any penalty clause?
Regards,
Chetan
Excellent article!
ReplyDeleteGood Information....
ReplyDeleteToo ambitious in such a economy. Pray for the well being of the people who have invested in these projects.
ReplyDeletehe he he he he
ReplyDeletei saw my photo while i am eating(he he he ... not booking).... Thank god i enjoyed the food at the middle of nowhere...yes no where i can see a tapri or shop.. atleast to buy some water...
price of 3500/- ?? plus + plus + plus ?? , Mr.Ravi - did you see the sample flat ???? yaa.. may be you are busy with your camera by clicking and making the movies at the site. nice job done. i liked my photo. Thanks.
The sample flats were really a crap..... dudes (end users, not investors) if somebody builds the sample flat so nasty, think about the quality of original apartment/flat that you are going to get after 2015..... is this what sales person told me.... i dont remember.... really....may be yes!!.... or more did he told??.....i believe it will be after 2015 by looking at the site.
i dont agree, that builder will collect the money from me and develop the road, plant trees, put fountains, make his dream come true.... who is playing with who's money.... i can pay only what i will get inside the four wall of my flat... nothing more or less..
Share your views....
Dear Ravi,
ReplyDeleteI am impressed by your blogs and your honest opinions which are worth millions. This blog was very interesting and useful.
Thank you,
Regards,
Amol
The blog sounds like a promotion by Mt Ravi. Kolte Patil must be a good friend, i guess!!
ReplyDeleteHi Ravi,
ReplyDeleteDo you have any blog about G.K builder ATLANTA project ?
It's near Wakad Bridge....
Waiting for your reply
Kolte Patil Life Republic (IVEN-TOWNSHIP) buyers group - discussion about current problems and progress - check it at http://groups.yahoo.com/group/iventownship/messages
ReplyDeleteKolte Patil builders are really horrible people. highly unprofessional and inefficient with least concern about others. we booked in December and were told that in case we cancel we will get the full refund. 1 lakh Rs was debited from my account on 20th Dec. Since then we have been chasing them continuously to get back out money. First we were told that we will get the receipt for 1 lkah at home. Then we have to take that receipt and fill the cancellation form. We haven't got the receipt even after 2 months. My wife went to their sales office and filled the cancellation form on 10th Jan. They lost that form. She sent another cancellation form by email on 2nd feb. Since then they keep telling us that our refund is under process. Saleswoman from site office tells us to contact CRM and their phone keeps ringing. Utter nonsense people.
ReplyDeleteMy 2 cents : i went to KP life republic to get myself a 2 BHK flat. They placed me at R4. However after 3 days i decided to cancel the booking because of the following things
ReplyDelete1) There is no doubt that a township project of this size will take time to come to some level of maturity : BUT KP should not be charging such high maintenance rates at this point of time. Note : the initial maintenance deposits goes upto Rs 2 L to 2.5 L. Which is not made very clear in the cost breakup. And this is a variable component and will be changed at later date.
2) a cost of 3600 psf is NOT justified keeping in mind that this is NOT at at developed. I overlooked this at first but then when i was introduced to the "other charges" head i was shocked to be charged ~ 4 L for just parking + Electric + Other amenities (which will not even exist for nearly 4 yrs). Other than that the club charges (which i may possibly never visit) are also VERY high.
3) After attaching all heads the total cost psf comes to ~ 4600 which is the existing cost in good areas of PCMC.
There is no doubt that this is a excellent and ambitious project. I just find it a bit too expensive.
Dear stylus4, what was the carpet area and all inclusive property prices of that 2 BHK Flat?
DeleteAnyway, for sure, you must have found reasonably priced 2 BHK Flat in 'good area of PCMC'. Please, tell us about that property.
Hi Ravi : a 1191 builtup flat on the 14th floor (taking floor rise) was pegged at ~55 L all inclusive, this adds the heavy "maintenance" component too . and assuming that an individual goes for a loan of ~ 30 L to pay for this the pre-emi would take this cost to nearly 60 L . Also, till i get complete posession , no tax saving either !!!
DeleteWith that kind of money, i can get a simple 1350 ~ 1375 sqft resale flat in pimple saudagar. I think the latter is a better deal.
Addition : The reason why i would recommend a resale flat to all my young friends as a first choice for first property is because it saves the burden of pre EMIs and more than anything else, they can give it on rent for some time to "cushion" them from the sudden "drain" of all savings.
DeleteIn my humble opinion (and with all due respect to the real estate industry) the govt should make a rule that a builder can sell only a completed flat. But i am pretty sure thats never gonna happen
Hi Ravi : A 1191 sqft flat on the 14 floor (with floor rise) was pegged at 55 L. This is all inclusive of the advance maintenance charges as well. Assuming a mere mortal takes a loan of ~ 30 L for this, (s)he would end up paying close to 60 L at the end of the 4 year construction time.
DeleteWith that kind of money, i can easily get a ready possession resale flat in Pimple Saudagar with an area of 1350 sqft! I would not have to pay pre EMIs , i would be ready to save tax and most of all , i can give it on rent
The reason why i would recommend a resale flat to all my young friends as a first choice for first property is because it saves the burden of pre EMIs and more than anything else, they can give it on rent for some time to "cushion" them from the sudden "drain" of all savings.
In my humble opinion (and with all due respect to the real estate industry) the govt should make a rule that a builder can sell only a completed flat. But i am pretty sure thats never gonna happen
But buyers are free to change the way they buy a home! Look at you!!
DeleteFlat 40 % Off!
Buy a ready possession flat until there is no real estate regulator!
Why do we borrow at high interest rates and offer interest free funds to builders?
Yes ! No one is constructing any flat from their own resources/fund, every builder/developer is completing their project from customers funds who had borrowed from Banks' or financial institutes at high rate of interest. And still the projects are not completed in given time. I think, there should be Housing Regulatory Authority of India to control these unfair practices of builder/developers lobby
ReplyDeleteIf you read newspapers or watch news channels - you wont say so!
DeleteThis comment has been removed by the author.
ReplyDeleteHello Ravi, i appreciate your great efforts to blog about properties in pune and share your thoughts. I have recently relocated from mumbai to pune, currently on rental basis. I happen to visit Life Republic, and sure they have a great township coming up...Would you suggest buying a flat here in this township,and wait till 2015 ?? Can u let us know the pro's and cons...
ReplyDeleteCan you please also suggest few other townships in same area or any other EAST SIDE of pune, where i can find good deals for buying a bigger flat for my own house. I would be looking at a 3BHK. No words if i can get any deals from 3k - 4k psf.
thanks in advance
Vikrant
Just ask builder how drinking water will be supplied?
DeleteHow far is nearest school?
How far it is from railway station or bus stand?
Then you can find answer yourself.