The most frequently asked question to me is:
"To Book or Not to Book?"
Inflation is out of control,
cost of living is increasing,
home loan interest rates are not coming down,
booking is slow,
possession is delayed,
construction quality is not satisfactory,
development has stopped,
is it a right time to book a flat in Pune?
or should I wait?
Answer is in the question!
But irrespective of all these things - property rates are going up! So, the question remains unanswered - To Book or Not to Book?
What was the rate of inflation in the last 5 years?
7 to 11 per cent - from 2007 to 2012!
What was the property rate in 2007?
Around 3,000 per sq.ft.
What is the property rate in 2012?
Around 4,500 to 5,000 per sq.ft.
When inflation is 7 - 11 per cent, isn't 11 - 12 per cent increase in the property prices obvious?
Is there any point to risk your life by booking a flat when the property price rise is in tune with the inflation?
Certainly, not! Why book if there is no price appreciation? Why pay 10 - 11 per cent interest on home loan when the property prices are increasing by only 11 - 12 per cent per year?
Yes! The answer is in the question!!
Book or Not to Book!
3 BHK Flats at Suyog Aura, opposite Cipla Foundation, Motiram Nagar, Warje Pune 411 052:
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| Suyog Aura 3 BHK Flats opposite Cipla Foundation Motiram Nagar Warje Pune 411052 Launch Ad |
A month ago, On 19th May 2012,
Suyog Aura Warje opened booking. When I visited the site office on Monday, 21st May 2012, I was shocked to hear that - almost - all 2 BHK Flats - 44 units in the C Building - costing 59 to 65 Lakhs - were booked.
I was told that 3 - 4 units which are on hold - may become available - if the booking is not confirmed by giving a cheque of Rs. 1,80,408.
However, ample number of 3 BHK Flats - 44 units in the D Building - costing 80 to 86 Lakhs - were available for booking.
Today, before writing this blog, more than 30 days after the launch day, I called 93721 70025 / 93723 40025 and asked about the availability at Suyog Aura Warje.
You know what? Even today, 3 - 4 units of 2 BHK Flats are available. And, good choice is available in 3 BHK Flats at
Suyog Aura Warje.
A month ago, I was wondering about bookings of 2 BHK Flats. Whereas, today, I am curious to know why 3 BHK Flats at Suyog Aura Warje are available for booking. Here are some of my observations which will help you to make up your mind - To Book or Not to Book?
1) Property rate at Suyog Aura starts at Rs. 4,700 per sq.ft. Less than the property rates at Bonjour (4,900 per sq ft), and Adity Garden City, GPL Sankalp Audumbar (Rs. 5,000 per sq.ft.) and SVS - Excellencia (Rs. 5,100 per sq.ft.). More than Pinnac West End Residency Warje (Rs.4,500 per sq.ft.), Jubilee Park (Rs. 4,600 per sq.ft.) And at par with ready possession with completion certificate flats at Rahul Park at Warje Pune.
2) After the recent fire at Mantralaya at Mumbai, who will pay premium for the higher floors in any project in Pune real estate market? Rs. 4875 for the 11th, Rs. 4850 for the 10th, Rs. 4825 for the 9th floor of the D Building in Suyog Aura Warje?
3) At Warje, a very few 3 BHK Flats are available at this point of time. A 3 BHK Flat at Jubilee Park Warje costs Rs. 70.30 to 80.56 Lakhs, onwards. A 3 BHK Flat at SVS Excellencia Warje costs Rs. 88 & 89 Lakhs, onwards. The property price of a 3 BHK Flat at GPL Sankalp Audumbar Warje is from Rs. 80 to 84 Lakhs. Ready possession 3 BHK Flat with completion certificate at Rahul Park goes for Rs. 79 to 87 Lakhs. So, one wonders - why a 3 BHK Flat at
Suyog Aura Warje is in the price range of Rs. 80 to 86 Lakhs?
The new phase of Adity Garden City Warje has only 2 BHK Flats costing Rs. 59 to 65 Lakhs. Bonjour Warje has only 2 BHK Flats for Rs. 70 to 78 Lakhs. Only a couple of 2 BHK Flats in the property price range of Rs. 50 Lakhs are available at Aditya Garden Floraa Warje. Pinnac West End Residency Warje has around 10 units of 2 BHK Flats for Rs. 48 to 54 Lakhs. A 2 BHK Flat at Jubilee Park Warje goes for more than 59 Lakhs. GPL Sankalp asks Rs. 64 to 68 Lakhs for a 2 BHK Flat in Audumbar Warje. Only 2 or 3 units of 2 BHK Flats are available at Sharada Alliance' Spandan at Warje.
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| Suyog Aura Warje Pune - D Building - Odd Floors - 3 BHK Flats |
3) When all reputed builders in Pune claim that property buyers love bigger and more number of terraces, why a 3 BHK Flat at Suyog Aura - 1031 to 1083 sq.ft. Carpet Area - has smaller terraces - from 73 to 83 sq.ft.? Paying 100 per cent for a terrace makes Pune property buyers very happy. Doesn't Suyog Group want Pune property buyers to become more happy? Look at
Amit's Sereno near Pancard Clubs Baner - carpet area of a flat is small - from 753 to 1041 sq.ft. - but the carpet areas of terraces are very very big - from 140 to 239 sq.ft.!
4) There are 4 types of plans of 3 BHK Flats at
Suyog Aura Warje. All are designed as per some principle. The principal which will help the home buyer to live a better life. This idea makes a typical Pune property buyer awkward. Because, generally, builders in Pune don't bother about the property buyers. While planning, Pune builders only consider their own interest - the construction cost.
5) Suyog Aura Warje has 4 flats on a floor. All are open from all sides. There are no common walls between the flats. Even the main doors of 2 flats are not next to each other. So, Pune property buyers feel shy. They start wondering - why Suyog Aura Warje doesn't have a chawl type long connecting passage? They should learn something from Amit Sereno and save their construction cost! At Suyog Aura - Pune property buyers feel shy to take more and give less.
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| Amit's Sereno Baner Pune - Chawl Type Long Connecting Passage to save construction cost and to fit more flats on a floor. |
6) Having a service road, a proper approach road, not only essential shops, but a hospital too, makes Suyog Aura Warje less glamorous than any project at Bavdhan Budruk Gram Panchayat, near Pancard Clubs, near Rohan Leher Baner, Balewadi & Sayaji Hotel at Wakad near Hinjewadi.
All these observations, I believe, add to the confusion. After visiting
Suyog Aura Warje, an educated and intelligent Pune property buyer keeps on wondering - To Book or Not to Book?
Contact Suyog Aura Warje Pune:
Call: 93721 70025 / 93723 40025 / sales@suyoggroup.com /
www.SuyogGroup.com
A 3 BHK Flat at Suyog Aura Warje Pune:
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| 3 BHK Flat at Suyog Aura Warje Pune - D Building - Odd Floors - 1083 Carpet + 73 Terrace - Rs. 82,66,778 to 85,53,903 All inclusive property price |
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| 3 BHK Flat at Suyog Aura Warje Pune - D Building - Odd Floors - 1031 Carpet + 82 Terrace for Rs. 79,76,966 to 82,53,400 All inclusive property price |
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| 3 BHK Flat at Suyog Aura Warje Pune - D Building - Odd Floors - 1048 Carpet + 78 Terrace for Rs. 80,64,944 to 83,44,624 all inclusive property price |
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| 3 BHK Flat at Suyog Aura Warje Pune - D Building - Odd Floors - 1031 Carpet + 78 Terrace for Rs. 79,56,265 to 82,31,935 all inclusive property price |
Visit Suyog Aura and GPL Sankalp Audumbar, Sharada Alliance Spandan, Calyx Bonjour, Sneha Corp's Homes, Aditya Garden City, Adity Garden Floraa, Jubilee Park, SVS Excellencia, Pinnac West End Residency, Rahul Park at Warje, Pune 411052 - Photo-Walk:
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| Hoarding of "Bonjour" - 2 BHK Flats at Warje - on the Flyover - Visit Suyog Aura Warje Pune 411052 |
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| Audumbar Warje by GPL Sankalp |
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| Audumbar - 2 BHK & 3 BHK Lifestyle Apartments at Warje - Pune - Visit Suyog Aura Warje Pune 411052 |
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| Excavation for basement parking at Audumbar Warje Pune |
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| BAIF Development Research Foundation, Dr. Manibhai Desai Nagar Warje, Pune |
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| Rent at Warje Pune - Visit Suyog Aura Warje Pune 411052 |
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| Mai Mangeshkar Hospital - More - at Warje - Visit Suyog Aura Warje Pune 411052 |
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| Viola Society - Near Cipla Foundation - Warje - Visit Suyog Aura Warje Pune 411052 |
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| Mumbai Bangalore Highway at Warje |
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| Viola Society - Near Cipla Foundation - Mai Mangeshkar Hospital - More - Warje -Visit Suyog Aura Warje Pune 411052 |
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| Hoarding of Suyog Aura - View from Warje Service Road |
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| To Cipla Foundations's Palliative Care & Training Centre Warje -Visit Suyog Aura Warje Pune 411052 |
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| Viola at the entrance of the lane to Cipla & Suyog Aura - Visit Suyog Aura Warje Pune 411052 |
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| Davangiri Dosa & Kacchi Dabeli Vendors at the entrance of the lane to Suyog Aura Warje - Visit Suyog Aura Warje Pune 411052 |
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| Motiram Nagar & Suyog Aura Warje - Visit Suyog Aura Warje Pune 411052 |
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| Viola from Suyog Aura Warje |
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| Kalpa Complex - Visit Suyog Aura Warje Pune 411052 |
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| Hirlekar Devgad Ambewale, Motiram Nagar, Warje Pune |
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| Approach Road of Suyog Aura Warje |
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| Entrance of Suyog Aura Warje |
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| Motiram Nagar & Site of Suyog Aura Warje |
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| Remains of the launch event at the site of Suyog Aura Warje |
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| Tejovalay Warje from the site office of Suyog Aura Warje |
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| Site Office - Visit Suyog Aura Warje Pune 411052 |
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| Open plot in front of Suyog Aura Warje |
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| Warje Service Road |
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| Ikon Projects' Wall-Street 24, Showrooms & Offices at Warje Pune 411052 - 5 |
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| Ikon Projects' Wall-Street 24, Showrooms & Offices at Warje Pune 411052 - 1 |
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| Meghvarsha Warje - near Sneha Corp's Homes, 1 BHK & 2 BHK Flats, behind Shell Petrol Pump, at Warje, Pune 411052 |
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| Shell Petrol Pump Warje |
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| Site of Sneha Corp's Homes, 1 BHK & 2 BHK Flats, behind Shell Petrol Pump, near Meghvarsha, at Warje, Pune 411052 - 2 |
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| Sobapuram Warje Pune |
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| Calyx Bonjour 2 BHK Flats at Sobapuram Warje Pune |
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| Housing Scheme Stalled for Years, Sobapuram, Warje Pune 411052 |
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| A Road From Stalled Sobapuram to Aditya Garden City Warje Pune |
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| Sinhgad Institute Campus near Aditya Garden City Warje Pune |
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| Available! A Plot of Land, opposite Aditya Garden City Warje Pune |
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| Aditya Garden City Bus Stop, Warje, Pune! |
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| Aditya Garden Floraa Warje Pune - Early Possession - To Sales Office |
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| Aditya Garden City Warje Pune - 4 Phases Complete - 5th Phase Open! |
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| Aditya Garden City Warje Pune |
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| Aditya Garden Floraa, Warje Pune - Early Possession! |
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| SVS Excellencia & SRK Developers' Oval Nest from Aditya Garden Floraa Warje Pune |
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| SVS Excellencia near Oval Nest Warje Pune |
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| SVS Excellencia, 2 BHK & 3 BHK Flats near Oval Nest Warje, Pune |
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| Dnyaneshwari Udyan and Oval Nest & SVS Excellencia Warje, Pune 411052 |
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| Dnyaneshwari Udyan near Oval Nest Warje Pune |
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| From Oval Nest to Service Road of Mumbai Bangalore Highway at Warje Pune |
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| Jubilee Park, 2 BHK & 3 BHK Flats between Oval Nest & Aditya Garden City at Warje Pune 411052 |
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| Pinnac West End Residency 2 BHK Flats behind Sinhagad Institute Campus Warje Pune - 2 |
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| A road between Aditya Garden City & Sinhagad Institute Campus at Warje Pune |
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| Crossing Mumbai Bangalore Highway at Aditya Garden City Warje Pune |
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| Site of Vastushodh Projects at Warje Pune |
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| Domino's & Cafe Coffee Day at Warje Pune |
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| Rahul Park Warje Pune |
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| Yashoda Heights 2 BHK 3 BHK Flats Warje Pune |
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| Bangalore Mumbai Highway - Warje Service Road - Visit Suyog Aura Warje Pune 411052 |
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| Spandan - 2 BHK 2.5 BHK Flats Showrooms Offices - at Popular Nagar Girdhar Nagar Warje, Pune 411052 |
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| Popular Nagar - Girdhar Nagar at Warje - Visit Suyog Aura Warje Pune 411052 |
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| Excavation of the plot of E Wing of Sneha Paradise, near Warje Police Station, Warje, Pune 411 052 |
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| Warje Service Road of Bangalore Mumbai Highway |
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| Mumbai Bangalore Highway Warje Flyover - Visit Suyog Aura Warje Pune 411052 |
Contact:
1) GPL Sankalp Audumbar Warje Pune:
Mr. Jitesh, 86003 33336, +91-20-32395060 / 2523 7001 / gplsankalp@yahoo.com
2) Calyx Bonjour Warje Pune:
Ms. Deepali / Mr. Rahul, 88888 41686 / 87
3) Aditya Garden City & Aditya Garden Floraa:
Mr. Sandeep, +91 9623453440 / homes@adityabuilders.com /
www.adityabuilders.com
4) SVS Excellencia Warje Pune:
Mr. Bhaskar Bhosale, 98508 87177 / 77091 21132 /
5) Jubilee Park Warje Pune:
Mr. Mahesh, 88051 23456 / 88051 99999 / info@jubileepark.co.in /
www.jubileepark.co.in
6) Pinnac West End Residency Warje Pune:
Mr. Amit Kulkarni, 93710 25968 / 93710 25961 / pinnac_housing@yahoo.com /
www.pinnacgroup.com
7) Sharada Alliance Spandan Warje Pune:
8888 14 9000 / 8888 15 9000 /
www.sharadaalliance.com
8) Sneha Corp's "Homes" & Sneha Paradise Warje Pune:
97 67 00 5888 / 97 67 00 6888 /
www.snehacorp.in
9) Rahul Park Warje Pune:
Corporate Office: 020 25 43 79 21 / 25 43 76 26 / enquiry@rahulconstruction.com /
www.rahulconstruction.com
Related Stories:
1) FRIDAY, JUNE 8, 2012
1 BHK Flats at Warje-Pune Launched!
2) WEDNESDAY, FEBRUARY 22, 2012
Affordable 1 BHK & 2 BHK Flats at Warje Launched!
3) MONDAY, APRIL 16, 2012
Jubilee Park Warje Pune Launched!
4) WEDNESDAY, SEPTEMBER 28, 2011
Looking for a 2 BHK Flat at Warje Pune?
5) SUNDAY, JUNE 3, 2012
May 2012: Ravi Karandeekar's Most Popular Pune Real Estate Market News Blogs
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