The Last Hope to Own a Good Affordable Home near Katraj & Sinhagad Road

Review of Venkatesh Lake Life (Phase 1),
1 BHK Flats - 389 - 398 Carpet + Terrace - Rs. 27.59 - 28.65 Lakh,
1 BHK Flats - 396 - 397 Carpet + Sit Out + Terrace - Rs. 30.27 - 40.79 Lakh,
2 BHK Flats - 640 - 660 Carpet + Sit Out - Rs. 45.73 - 48.11 Lakh,
2 BHK Flats - 640 - 664 Carpet + Sit Out + Terrace - Rs. 50.36 - 60.44 Lakh
(Approximate All Inclusive Launch Property Prices)
near Jambhulwadi Lake, on Dattanagar - Jambhulwadi Road, off Mumbai Bangalore Highway, Ambegaon Khurd, Pune:

Mumbai Banglore Highway - Bridge at Jambhulwadi Lake - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Even before visiting the site & sample flat, I knew that I was going to recommend Venkatesh Lake Life (www.venkateshlakelife.com) near Jambhulwadi Lake at Ambegaon Katraj. Mainly because of 3 reasons:

1) Ownership of Property:

Mr. Ankush Asabe, Chairman & Managing Director, Shree Venkatesh Buildcon Pvt. Ltd. (www.venkateshbuilders.com), gives you complete ownership of the property. While giving possession of your flat, Mr. Asabe, does the sale-deed and gives you ownership of the flat and of the proportionate land on which your flat is built.

This is rare in Pune real estate market. Most of the property buyers in Pune get possession, start living, keep on paying EMI of the flats which are actually owned by the builders!

Most of the builders in Pune do not bother about completion & occupancy certificate, society formation & conveyance. So, most of the property buyers in Pune, mostly for years and sometimes never, become true owners of the flats for which they have paid. They remain nothing more than the paid guests of the builders.

2) Competitive Prices & Efficient Execution:

Mr. Ankush & Mr. Lahuraj and the other Asabe family members are personally responsible & are personally involved in the construction of their project.

When most of the builders in Pune have become marketing outfits, these guys are working as any builder is supposed to work - providers & facilitators of construction services.

Because of this, at the time of booking, property buyers are sure that Venkatesh Group's project is priced competitively & will be executed efficiently.

3) Less Risk:

13th Anniversary Celebration of Shree Venkatesh Buildcon Pvt. Ltd. An Ankush Asabe Venture

To deliver good quality is not impossible. But, certainly, difficult. So, builders commitment to property buyers & ability to deliver quality matters a lot.

Only those builders who have ability and genuine commitment to delive quality - dare face their property buyers. Obviously, most of the builders in Pune, prefer to remain inaccessible to the property buyers.

M/s Asabe Brothers are one of the few builders in Pune - who are not like that. They are accessible to the property buyers. Recently, on the 13th anniversary celebration, after honoring the property buyers of Shree Venkatesh Buildcon, the guest said, "What a daring-bazz builder! He is not afraid of property buyers!! A friendship between a builder & his property buyers is a rare phenomenon!!!"

But, for Mr. Ankush Asabe it's routine. He is always there for his buyers. Ready to solve any issue about quality. It means that, booking a flat in Mr. Ankush Asabe project is less risky.

4) Book Now or Buy Ready Possession - Home Buyers, Choice is Yours!:

View Venkatesh Lake Life (Phase 1), near Jambhulwadi Lake, on Dattanagar - Jambhulwadi Road, off Mumbai Bangalore Highway, Ambegaon Khurd, Pune in a larger map

I took Narveer Tanajiwadi - Ambegaon PMPML bus to Venkatesh Lake Life. For 10 rupees this bus gave me darshan of Shaniwarwada, Dagdushet Halwai Ganpati, Mahatama Phule Mandai, Swargate, Satara Road & Katraj.

When I got down & started walking on Dattanagar - Jambhulwadi Road, I saw the advertising balloon of Lake Life above the flyover on Mumbai Bangalore Highway. This reminded me of a joke while Viva Sarovar at Jambhulwadi Lake was launched - If You don't book Today - Tomorrow you have to go to Shirwal! Today, for a fact, those who have limited budget are booking in affordable housing projects at Khed Shivapur, Nasrapur, and Shirwal!!

Looking at the unplanned growth without any proper infrastructure on the both sides of the road, I admired Mr. Ankush Asabe for developing Lake Life for the actual home buyers.

Otherwise, recently launched Lake Shire has demonstrated that investors & second property buyers are easy kill for making a quick buck. What you have to do is just keep the bets small - 1 BHK - Rs. 21.5 Lakh Onward & 2 BHK - Rs. 35 Lakh Onward - and romanticize the location - near Jambhulwadi Lake!

But, Mr. Ankush Asabe took the tough road. Mr. Asabe didn't go for what is easy to sell. He planned Venkatesh Lake Life for the actual home buyers. A 1 BHK for 28 - 29 Lakh & a 2 BHK for 46 - 48 Lakh.

Though within budget, for a home buyer, it's not an easy decision. Actual home buyer has to accept that this is the best option in his limited budget.

Accepting reality is not easy. When you have a budget of 30 lakh for a 1 BHK & 45 lakh for 2, accepting reality becomes very difficult. Your expectations are high. You want to live on Sinhagad Road - around Dhayari Phata - at least at Ambegaon Budruk or on Katraj - Ambegaon - Narhe Road - at Dattanagar - near Amit Bloomfield!

At the end of Dattanagar Jambhulwadi Road, near Jambhulwadi Lake - below the Flyover on Mumabi Bangalore Highway - is not your first or even the last preference!

Sad thing is - no one can convince you to accept the reality & book an affordable home at some unfamiliar location. Only you can convince yourself. For which you take a lot of time. That's why selling affordable homes to genuine home buyers is a challenge. That's why when I met Mr. Ankush Asabe at the site of Venkatesh Lake Life, I said, "Congratulations for launching 770 homes & 50 shops! Isn't it a big risk?"

"Indeed a big risk - in the current market! But, you know, I play safe. I have divided Lake Life in 3 phases. Today, I have opened bookings of only 1st phase. This 1st phase is complete in itself. It has it's own amenities. Consider it as an independent project!," said Mr. Ankush Asabe.

"How is the response? How many bookings?," I asked.

"As expected - good response! Some 60 flats are booked. This is my second project in Ambegaon. Lake Life is an option for Lake Vista. I am well prepared. I know Ambegaon market well. While planning the project I have taken into consideration that the location of Lake Life is out of PMC limits," said Mr. Ankush.

"But last weekend you launched - Venkatesh Graffiti - 660 Flats at Keshav Nagar! Isn't this over trading?," I asked.

"You realized that it's over-trading - only after you over-trade - Right? But that's not the only way. I am ready - in every way - time, people & funds - to develop both the projects at the same time. In my own way. Means, I am planning to open for booking only 70 - 80 per cent flats - balance 30 - 20 per cent flats will be sold at ready for possession stage - like I did at Lake Vista!," said Mr. Ankush.

"What would be the rate of ready for possession flats at Venkatesh Lake Life?," I asked.

"Certainly, minimum 1,000 more than the launch price," said Mr. Ankush.

"It means that - 1) It's safe to book a flat at launch - because irrespective of market - you are going to complete Lake Life 1 as planned. 2) If one is not sure about booking today - he can get a second chance to own a home at Lake Life by paying some 1,000 rupees more per sq ft," I said.

5) Minimum Required Carpet Area - Maximum Space Utilization:

Floor Plans of 2 BHK Flat No 8 - Carept 660 + Sit Out 75 - For Rs. 48.11Lakh - A 1 Wing - Floors 4 & 6 - Venkatesh Lake Life Phase 1 - 1 BHK, 2 BHK Flats & Shops at Jambhulwadi Lake, Ambegaon Khurd, Katraj, Pune

Floor Plan of 2 BHK Flat No 1 - Carept 640 Sit Out 75 - For Rs. 46.92 Lakh - A 1 Wing - Floors 4 & 6 - Venkatesh Lake Life Phase 1 - 1 BHK, 2 BHK Flats & Shops at Jambhulwadi Lake, Ambegaon Khurd, Katraj, Pune

Floor Plan of 1 BHK Flat - 397 Carpet 42 Terrace For Rs. 27.59 Lakh - E 2 Wing - Venkatesh Lake Life Phase 1 - 1 BHK, 2 BHK Flats & Shops at Jambhulwadi Lake, Ambegaon Khurd, Katraj, Pune

Then we visited the show flat of Venkatesh Lake Life. Looking at the living, I said, "Impressed! Good size of living for an affordable home!"

"Yes! 10'2" x 15 / 14 is the size of living of a 2 BHK Flat & 10' x 14' / 13' of a 1 BHK Flat!! But that's not all - main attraction is - 2 BHK Flats have Sit Out - treat is as an extended living room or an independent room - it's yours - it's in FSI," taking me to the sit out of the show flat, said Mr. Ankush.

"Focus is on providing minimum required space - essential for a good home - fitting in your budget and then maximizing the usage by efficient planning. Sit out is one example. For the terrace you pay 100 per cent - the rate of carpet area. But like any other room - you can not use it 24 x 7. Not so about the Sit Out. You own it and can use it as you wish!," said Mr. Ankush and took me to the kitchen cum dining.

"I love this layout. This is typical traditional Puneri housewife centered layout of a flat. Kitchen & dining in the center. Living at the entrance. And bedrooms at the other - deep - end. It's home. But how come there is no dry balcony?," I asked.

"It may be of whatever size, housewives find kitchen small - so we decided to shift dry balcony in the common passage in front of the bedrooms - so that every sq.ft. in the kitchen is at the disposable of a housewife," taking me to the dry balcony, said Mr. Ankush.

"Your dry balcony has a door!," I said.

"Yes! And the window too!! Which will keep kitchen bright and well ventilated!," said Mr. Ankush.

"Look around! You are standing in a common passage. Can you see a single square foot of wasted space? Not a single square inch!," said Mr. Ankush.

Yes, there was no wastage of space at all. Whatever space was there was essential and well planned. Particularly, in the mornings, when intense activities will take place in this part of a home. Housewife will be cooking in the kitchen. Kamwali bai will be washing and cleaning in the dry balcony. Children will be bathing in the common toilet or getting ready in the bedroom. There was enough space for every one.

"How-come commode is in front of the main door of the common toilet?," I asked.

"Because, the basin is out in the passage. So, common toilet has a commode and shower. You can't fit shower in front of the main door - so it's the right place for the commode. Whereas, if you see the attached toilet of the master bedroom, the toilet door is in the center and basin is opposite the door. So the shower & commode are placed at two opposite ends. Looks clean and divides toilet into wet and dry area," taking me to Master bedroom, Mr. Ankush said.

While we were in the master bedroom, I realized that I didn't give compliments for the interior of the show flat and I said, "I liked the furniture"

"More than this you will like the furniture in the floor plans! The architects, Mr & Mrs Hingmire, have shown the actual furniture. Means the dimension of the furniture are actual. Not only suggestive shapes. It means that you get realistic idea of the space in every room," showing the floor plans, Mr. Ankush said.

You know what? A 1 BHK Terrace Flat with separate W C & Bath in Venkatesh Lake Life is as good as a 2 BHK Flat. One journalist who gave me the lift from Venkatesh Lake Life to Katrj Dairy, said, "If my 1 BHK had been like the 1 BHK in Lake Life, I would not have though of a 2 BHK. You know? For the last few months, every minute I could spare, I have wasted in visiting each & every project in this vicinity. From Nanded City Pune on Sinhagad Road to recently launched Ceratec City on Katraj Kondhwa Road. But, today, for the first time, at Lake Life, I found a 2 BHK worth considering!"

"He means to say that a 2 BHK Flat fitting in our budget!," his wife said.

"And it may be the last!," I said.

Contact Venkatesh Lake Life, Ambegaon Khurd, Pune:

86055 11333 / 020 6470 2813 / sales@venkateshlakelife.com / www.venkateshlakelife.com

From Katraj - Dattanagar Chowk - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

From Dattanagar - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

View of Ambegaon Khurd - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Bliss Coast on the way to Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Viva Sarovar neighbor of Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Site - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Site Office & Show Flat - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Reception of the Site Office & Show Flat - Visit Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Living - Visit 2 BHK Show Flat of Venkatesh Lake Life Phase 1 - 1 BHK 2 BHK Flats Shops - Dattanagar Jambhulwadi Road Ambegaon Khurd Pune

Sit Out - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Dining & Kitchen - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Dry Balcony - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Common Toilet - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Children Bedroom - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Master Bedroom - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

View of Dining & Living - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

View of Main Entrance & Living - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Pandal on the day of launch - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

Property Buyers on the day of launch - Visit 2 BHK Show Flat of Venkatesh Lake Life, Phase 1 - 1 BHK 2 BHK Flats & Shops on Dattanagar Jambhulwadi Road, Ambegaon Khurd, Pune

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