tag:blogger.com,1999:blog-5269558537262232516.post8291399690184131886..comments2024-03-28T14:01:25.631+05:30Comments on Ravi Karandeekar's Pune Real Estate Market News Blog: An exclusive offer from Palash-2, Wakad- No EMI till possession if you give Advance Loan disbursement to the builder (!)Ravi Karandeekarhttp://www.blogger.com/profile/01681035021606018101noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-5269558537262232516.post-24480676769893212282008-09-16T19:07:00.000+05:302008-09-16T19:07:00.000+05:30Ravi what you think about buying property in Nagpu...Ravi what you think about buying property in Nagpur near Mihan project? What you think?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-48280791920079938902008-08-24T13:44:00.000+05:302008-08-24T13:44:00.000+05:30Dear Ravi,I think this is just a trick to misguide...Dear Ravi,<BR/>I think this is just a trick to misguide buyers. The fact remains that the buyers will have to pay the EMI's after taking the possession on the remaining sum. The buyers calculate the EMI's for their entire loan tenure & not just one year or till possession. It would have been much better if the builder would have given discounts equivalent to the EMI's on the base price. If even Rs.2 lacs are reduced from principal amount, buyer needs to pay almost 14-15 lacs less by the end of the loan tenure. But I know the builders won't do this currently as it would mean correction in prices which would give free hand to rest of the builder who face liquidity crunch to reduce prices. The PBAP must have opposed this. Also, if a person wants to purchase taking no loans or say loan amount of only 10-15% of total cost of the flat, what is the benefit to him/her in such case? <BR/>Time has come for builders to think logically with open eyes & see what is happening in rest of the cities in India. Buyers in Pune won't fall to such tricks. They will buy only when the prices correct per square feet & the total cost of the flat which is favorable to those who won't take loans & to those who need to pay EMI's for 15-20 years too.<BR/><BR/>Regards,<BR/>ParimalAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-15356239045874310582008-07-31T03:38:00.000+05:302008-07-31T03:38:00.000+05:30Hi RaviThis is Ravi from USA>.On first time if ...Hi Ravi<BR/><BR/>This is Ravi from USA>.On first time if you look this offer..looks very attrative but they have many other hidden thing such as CAR PARKING,Mainete..fee and etc..<BR/>Which can cover up there EMI part which they are planning to pay..<BR/><BR/>Look like this builder is smart enough to play with INR amt..<BR/><BR/>I do not see this as great offer..its very comman offer but with indian film style ...having different end..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-63102752539383887452008-07-29T16:28:00.000+05:302008-07-29T16:28:00.000+05:30Ravi,We all know what is the answer to your questi...Ravi,<BR/>We all know what is the answer to your question <BR/>Plesae check this:<BR/>http://www.rediff.com/money/2008/jul/29inter.htm<BR/><BR/>http://specials.rediff.com/money/2008/jul/29sli01.htm<BR/><BR/>As per the law of demand supply, prices keep on rising when the supply is low and vice versa. Builders kept on rising the rates till demand was rising and people were booking despite of hiking rates every month or sometimes every week.<BR/><BR/>Today despite of stagnant rates , people are not buying homes. Though demand has lowered , builders have not lowered their rates. Its probably because they are able to hold on the rates universally in all over pune through PBAP.You are not seeing any fall in prices of homes because of unanimous authority of PBAP.<BR/><BR/>The question which should have been asked in this case is "Do you really wanna see rates fall and buy home at affordable rates ?"<BR/><BR/>If you are really not in hurry then wait for sometime. Noone can cling on to the dead investments for long enough.Real estate analays expects rates to fall by 15-20 % in next 15-18 months. <BR/>for a 30 lacs home , 20% lower price accounts to around 6 lacs. Quite a good sum. <BR/>Hold on guys. Stop getting bullied like morons.Dont buy on high.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-13823426349595625122008-07-28T12:38:00.000+05:302008-07-28T12:38:00.000+05:30or the builders is going to pay the EMI? Yes, you ...<B>or the builders is going to pay the EMI?</B> Yes, you are right! Builder is going to pay the EMI till he gives you the possession of your flats. Consider it as a discount, offered to you by the builder, against 100% payment received in advance! <A>Is this an attractive discount?</A> One project charges Rs. 100 per sq.ft. less for ADF! However, <A>is it safe to give ADF?</A> What do you think?Ravi Karandeekarhttps://www.blogger.com/profile/01681035021606018101noreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-55122281468297489212008-07-28T11:25:00.000+05:302008-07-28T11:25:00.000+05:30Hello Ravi Which bank id offering the loan with n...Hello Ravi<BR/><BR/> Which bank id offering the loan with no EMI till possesion?<BR/>or the builders is going to pay the EMI?<BR/>Evenif ...no EMI is there...interest will get accumulated in yr loan account?<BR/>SO if u take loan of 40 lakhs....<BR/>and if possesion is in another 1 years....another 4 lakhs will be added to yr principle.....and EMI u will pay is for 44 lakhs....Isn't this true..<BR/><BR/>Please correct me if I am wrong?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-50594674403104422222008-07-27T20:30:00.000+05:302008-07-27T20:30:00.000+05:30"An initiative to sell high budget flats in Pune r..."An initiative to sell high budget flats in Pune real estate slow down and rising inflation:"<BR/><BR/>Ravi, does this mean that there is a slow down in Pune real estate???<BR/>The present rates don't indicate that, prices are still up and rising irrespective of number of incoming/new bookings.<BR/>Probably then, Pune builders have caught habit of rising prices regularly, which is going on from last 5 years.<BR/>I will not call this as "Pune real estate slow down", instead we should say that Pune real estate prices are doubling in today's market and there is a fierce competition among pune builders on who is most expensive, isn't this true???<BR/>Good luck Pune builders and pune real estate, keep rising prices and live in your world, we will only watch you and have fun...!!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-18264121070485998672008-07-27T19:57:00.000+05:302008-07-27T19:57:00.000+05:30The occupancy date could be some where by December...The occupancy date could be some where by December, as this is quite old scheme and must be in a completion stage. Can someone update what is the possession date, if correctly aware of???<BR/>So investors are not actually getting any big/exclusive offer and benifit of saving on the EMI.<BR/>The builder is quoting this offer on 20 apartments only, but the number actually will go much much beyond 20 as I can see increased number of cancellations and no new bookings these days.<BR/>Investors needs to be really careful in investing against such offers. Not a exclusive offer at all...!!!<BR/><BR/>Green Umbrella>>> We are losing the green and heading towards a drought. Do builders care about the environment? How many builders plant trees and really care for the environment.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5269558537262232516.post-78946187624165601082008-07-27T18:22:00.000+05:302008-07-27T18:22:00.000+05:30Thank you for your good information.Cat Island Rea...Thank you for your good information.<BR/><A HREF="http://www.islandlivingrealestate.com/agency-information.html" REL="nofollow">Cat Island Real Estate</A>Anonymousnoreply@blogger.com