Ravi Karandeekar's Pune Real Estate Market News Blog: 1 bhk flat

Showing posts with label 1 bhk flat. Show all posts

Wednesday, July 22, 2015

WTF is YOLO Homes?

Visit YOLO - My Home. My Way. - Event,
19th to 26th July 2015, 11 am to 9 pm,
Courtyard Marriott, Hinjewadi, Pune:

YOLO Homes Hoarding at Hinjewadi, Pune

YOLO Homes are 'Ready to Move in Homes' for the young bachelors (male & female) & young couples (hetrosexual & same-sex) who are ready to survive on 'Ready to Eat Food'.

Obviously, YOLO Homes have a pantry. Equipped with hot plate, microwave & refrigerator. No typical kitchen. Only living, bedroom. Fully furnished. With TV & AC. And an attached toilet.

At Courtyard Marriott, Hinjewadi, you can see the mockup of 2 Types of YOLO Homes. YOLO Our Home. YOLO My Home.

Yogesh Mehra, CEO, YOLO Homes

YOLO Homes (www.yolohomes.com) is a brand developed by Yogesh Mehra of Radical Spaces Pune.

Over the last 18 years, as a property consultant, Yogesh has realized that there is tremendous shortage of rented accommodation for the young & single - male & female - students & working professionals in Pune real estate market. Most of the housing societies do not allow the flat owners to rent the flats to the bachelors.

To fulfil this need, Yogesh has developed the concept of YOLO - You Only Live Once. Ready to Move in Homes for the Young People Who Survive on Ready to Eat Food.

Mont Vert Luxury Homes has taken the franchise of YOLO. And the first YOLO Homes will be soon launched at Bhugaon, near Chandni Chowk on Mumbai Bangaluru Highway at Kothrud!

The other day, I went to Hinjewadi to visit Try Developers' Kanchan Eleena (www.trydevelopers.com), my neighbour's under construction project, at Wakad. At the Wakad Flyover, I saw the hoarding which said - We don't judge you. Even if you are a vegetarian. YOLO - My home. My way.

"WTF is YOLO?," I said to myself and visited Courtyard Marriott.

At the entrance of Marriott, I was told to remove all metallic things on me. Except my trouser belt. Though it had a metal buckle.
Then at the YOLO event, the entrance form asked me - Are you 'single' or 'couple'?!
WTV!
Do visit Courtyard Marriott Hinjewadi. Experience the YOLO.
And, please, share your views in the comments.

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I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market.

My email id is RaviKarandeekar@RaviKarandeekar.com Feel free to write to me. I reply as soon as i can.

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Monday, September 13, 2010

Aishwaryam Courtyard, on Akurdi Chikhali Road, Near Pradhikaran, Sane Chowk, Pimpri Chinchwad Municipal Corporation (PCMC), Launched!

Property Prices at Aishwaryam Courtyard, on Akurdi Chikhali Road, Pimpri Chinchwad Municipal Corporation (PCMC):
1 BHK Flats - Rs. 14.11 Lakhs Onwards & 2 BHK Flats - Rs. 19.97 Lakhs Onwards!
Other charges Extra - Limited Period Offer!

Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC) Pune

"Whose city is this?"

Looking at the recently launched projects in Pimpri Chinchwad, i have started wondering, "Whose city is this?".

At Darode Jog Properties Westside County in Pimple Gurav, property price of a 2 BHK Flat was around Rs. 40 Lakhs. In the second phase of Celestial City at Ravet, property price of a 2 BHK Flat was in the range of Rs. 30 to 37 lakhs. Rs. 38 to 40 lakhs was the real estate price range of a 2 BHK Flat in Latitude Wakad. Kalpataru Harmony at Wakad soft launched a 2 BHK Flat for Rs. 50 to 52 Lakhs. Paranjape Schemes opened booking of a 1 BHK Slim Fit Homes at Blue Ridge Hinjewadi for Rs. 25 - 26 Lakhs!

Convinced that if you don't have a budget above Rs. 30 Lkahs there is no place for you in the city and not even in the fringe villages, i requested my friend Sachin Kulkarni of Vastushodh who is planning to launch his 2 BHK Flat for Rs. 20 Lakhs at Kondhawe Dhawade, at the end of Karve Road, near NDA Gate, to reconsider his decision!

Thanks to Aishwaryam Courtyard (www.aishwaryam.net)! I can hope that some projects would be launched in Pune real estate market, for the property buyers whose budget is in the range of Rs. 15 to 25 Lakhs!

Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC) PuneIMG_2921

Akurdi Chowk - Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC)

Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC) PuneIMG_2923

Whose city is this? - Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC)

Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC) PuneIMG_2925

Whose city is this? - Akurdi Chowk - Aishwaryam Courtyard Akurdi Chikhali Road Near Pradhikaran Sane Chowk Pimpri Chinchwad Municipal Corporation (PCMC)

Brochure of Aishwaryam Courtyard, on Akurdi Chikhali Road, Near Pradhikaran, Sane Chowk, Pimpri Chinchwad Municipal Corporation (PCMC):

Updates:

MONDAY, SEPTEMBER 20, 2010

Visit to Aishwaryam Courtyard, 1 BHK, 2 BHK & 3 BHK Flats near Sane Chowk Pradhikaran on Akurdi Chikhali Road PCMC

"Itne Paise Me Itna Hi Milega"

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Monday, August 23, 2010

1 BHK Slim Fit Home at Blue Ridge Hinjewadi - For Whom?

Whomsoever wishes to invest Rs. 25 - 26 lakhs in Pune real estate!

Blue Ridge 1 BHK Slim Fit Home 571 sq.ft.

1 BHK Slim Fit Home at Blue Ridge Hinjewadi Pune 411 057

This is a 1 BHK Slim Fit Home at Blue Ridge Hinjewadi.

Floor Plan of 1 BHK Slim Fit Home at Paranjape Schemes' Blue Ridge Hinjewadi Pune 411 057

This is a floor plan of a 23 story building in Blue Ridge Hinjewadi which will have 9 / 10 units of 1 BHK Slim Fit Homes on each floor.

1 BHK Slim Fit Home at Blue Ridge Hinjewadi is not a home. Not a Flat. Not a Service Apartment, nor a Studio Apartment.

In fact, i have realized that, 1 BHK Slim Fit Home is not a real estate product - like a 1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK Flat, Duplex, Penthouse, Row House, Twin Bungalow, Bungalow, Farm House and all.

1 BHK Slim Fit Home at Blue Ridge Hinjewadi is much more than that!

As a consumer, we consume many products which offer something more than they are normally supposed to offer.

For example, diet food like Special K - can take one jeans size off for overweight adults!

You start using Olay and battle against aging!

You give Complan to your child because you know that "Children who drink Complan along with a regular diet grow in height 2 times faster..."

To go on and on and on, there is Kohinoor Xtra Time.

To fulfill our extra-ordinary demands, every manufacturer takes extra efforts. He doesn't stop at manufacturing a product which fulfills our basic need.

Why can't a builder do what a consumer product manufacturer can? Paranjape Schemes' must have asked themselves. And they came up with a 1 BHK Slim Fit Home at Blue Ridge Hinjewadi!

So, there is no point in asking "For Whom is Blue Ridge Hinjewadi constructing these homes?" Whoever goes for Special K, Olay, Complan, Kohinoor Xtra Time could buy a 1 BHK Slim Fit Home at Blue Ridge Hinjewadi. Obviously, whoever has Rs. 25 - 26 lakhs! Look how extra-ordinary it is:

Slideshow of Paranjape Schemes' 1 BHK Slim Fit Home at Blue Ridge Hinjewadi Pune 411 057:

Paranjape Blue Ridge Slim Fit Apartments Hinjewadi Pune Residential Projects Hinjewadi

View more presentations from Paranjape Schemes (Construction) Ltd.

Brochure of a 1 BHK Slim Fit Home at Blue Ridge Hinjewadi Pune 411 057:

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Tuesday, May 18, 2010

Anandgram Yavat, 10 acre Township of 2 BHK Flat for 7.6 lakhs & 1 BHK for 5.5, news

"Yes, I can own a home!"

Anandgram Yavat

This weekend i visited Anandgram Yavat. My dear friend Sachin Kulkarni, M. D. of Vastushodh Projects, is developing this 10 acre township, Anandgram, at Yavat on Pune Solapur Highway, 35 Klms from Magarpatta City, Hadapsar, Pune.

Besides it's my friend's project, Anandgram is very dear to me. Because Anandgram is developed for those whose monthly income is around 10,000 rupees. Anandgram offers a 1 BHK Flat - 417 sq.ft. slaeable - for Rs. 5.5 lakhs and a 2 BHK Flat - 576 sq.ft. saleable - for 7.6 lakhs. These are the maximum property prices for the flats on the ground floors. If you prefer 3rd floor, you can get a 2 BHK Flat for Rs. 6.4 lakhs and a 1 BHK Flat for 4.6 lakhs (approx)!

Lunch ad of Anandgram Yavat

Anandagram has tied up with Micro Housing Finance Corporation to provide them home loans. So, you only need an income - not an income proof - salary certificate, income tax returns or even a bank account - many in this income group don't have these papers - to get a home loan to buy a flat in Anandgram Yavat.

Creating possibility to own a home for this income group, i find, quite a fascinating idea. Fact that, my friend, Sachin Kulkarni, is making it possible, makes me very proud - of myself!

"Yes! I can invest in real estate!!"

This weekend's visit to Anandgram Yavat made me more proud. I was visiting Anandgram for the third time. Last visit was, when Anandgram Yavat was launched. You know? When i visited for the first time, at that point of time, it was just a plot of land, which i visited with Sachin Kulkarni. Only, because, i enjoy going on a long drive in his Mercedes! But, this weekend, i visited Anandgram with Sachin, because, i was curious to see the on going construction of all 17 buildings of 670 flats in Anandgram Yavat.

Sachin Kulkarni & Akil Khan

Launch of Anandgram Yavat

Building A2 in Anandgram Yavat

Sachin Kulkarni and Akil Khan

When i saw that the construction of Anandgram Yavat is going on in full swing, i felt more proud of me, for being a part of my friend's dream. When we, Sachin, Akil Khan and I, were standing on the slab of the building, looking at ongoing casting, Akil Khan, who looks after land purchasing, said, "Who has thought that this will really happen?" All three of us pointed fingers at each others! Oh! This is not done!! We realized. And both of us, - Akil and I - pointed fingers at Sachin Kulkarni, the builder!

"We are professional. We are going to keep on developing ideas. Real credit goes to those who believed in this idea and paid their hard earned money, on time, to make it possible! They - those who booked flats - were sure that this will happen!," Sachin Kulkarni said seriously.

Realizing that my friend is not in a 'thanks giving' but in the analytical mood, I started seriously listening to Sachin Kulkarni, M. D. of Vastushodh Projects Pvt. Ltd. Sachin was talking about the bookings.

At Anandgram local residents of Yavat (and nearby towns), end-users from Pune and real estate investors (from all over) have booked nearly the same number of flats - 125 + flats per type. It means, Anandgram Yavat has not only created an opportunity to own a home but Anandgram Yavat has created an opportunity for those who were never able to investing in real estate. Earning rental income - property appreciation were not their cup of tea - privilege. Now, Sachin said, because of the small ticket size, Rs. 3 to 7 lakhs, they can invest in real estate and prosper!

Sachin Kulkarni and the property buyers at Anandgram Yavat

Swatimam and the property buyers at Anandgram Yavat

Property buyers at the booking office of Anandgram Yavat

2 BHK Flat for 20 Lakhs!

"Sachinsaheb, Vastushodh creates possibilities and solutions! Right?," I asked.

"Yes, that could be a good tag line," Sachin said.

"Is it possible to create a solution for the young, first time home owner, to buy a flat in his limited budget, in the fringe village of Pune? Very few can afford a 2 BHK for 35 lakhs in Wakad, 2 BHK for 35 or even for 24 - 26 lakhs at Amit' Astonia Royal or Viva Sarovar in Ambegoan. And 1 bhk for 19 - 22 lakhs in Nanded City Pune is not enough!," i said.

"What should be the solution? 2 bhk flat for 20 lakhs?," Sachin asked me.

"It will rock! 2 for 20!," i said. What say you? Have a look at these photos, i shot at Anandgram Yavat and keep in touch to know more about Vastushodh Project's upcoming real estate solutions!

Anandgram Yavat The Township

Layout of Anandgram Yavat

View Satellite Towns of Pune in a larger map

Construction of Anandgram Yavat

Sachin Kulkarni at Anandgram Yavat

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Monday, May 3, 2010

About "new-found" boom in Pune real estate market

“The prices of properties in Pune have also gone up by 12-15 per cent”

In today's Indian Express, Mr. Rohit Gera, vice-president of Confederation of Real Estate Developers of India (CREDAI), Pune, says that the spurt in demand had prompted many builders in the city to take up new projects, which they had shunned during the downturn. Mr. Gera says,

“In the last couple of years, builders were reluctant to take up new projects. Also, many projects were on a slow pace. But now, with the market showing positive signs, builders have started to pitch in.”

Actually, to prove his point, after the above "intro", Mr. Gera should go ahead and announces the launch of Gera Developments', project of affordable 1 BHK & 2 BHK Flats (489 to 841 sq.ft. carpet area) and shops (shops near Eon IT Park!), Gera's Park View 1 at Kharadi, Pune!! If Mr. Gera does that, all property buyers in Pune will accept the claim of "new-found" boom in Pune real estate market! What say you?

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Tuesday, March 30, 2010

Going GaGa Over Green City, Handewadi Road, Hadapsar, Pune

When will Green City, Handewadi Raod Hadapsar, open new buildings for booking?

What would be the property rate for 1 BHK, 1.5 BHK & 2 BHK Flats in the new buildings?

When will booking of 3 BHK Bungalows open?

Now, for more than a week, home owners and real estate investors in Pune real estate market who want to book a 1 BHK / 1.5 BHK / 2 BHK Flat or a 3 BHK Bungalow in Green City, Handewadi Road Hadapsar, (www.greencitypune.com) are asking these questions to Ms. Smita Belose, Sales Manger, and her team members. Some, who are not ready to accept the answer "Very soon!", were insisting to take their cheques and give them the flats when Arihant Venkateshwara Housing opens the bookings!

For Smita and her team, "huge response" to their project was not an unexpected phenomenon. Because, before the launch of the project, when the site office and sample flat was getting ready, walk in customers, property buyers who were visiting Handewadi Road in Hadapsar, had started going GaGa over Green City.

Green City, Handewadi Road Hadapsar on Google Map:

View Hadapsar - Handewadi - Fursungi - Manjari in a larger map

Looking at the response, Smita and her team started taking bookings and on the eve of launch, all flats in the 3 buildings of Green City were completely booked!

On the day of launch - Sunday, 21st March 2010 - Green City opened first 50 flats at a special launch rate which were booked in a few hours and by the evening almost all flats in all 3 buildings were booked and for more than a week property buyers were asking for new buildings!

After a long time, i believe, any residential real estate project in Pune Municipal Corporation got such a huge response!

In fact, after a long time, i am sure, a 16 acre township of 1 BHK / 1.5 BHK / 2 BHK more than 1,000 flats in the budget range of 15 to 22 lakhs in 17 high rise towers of 12 floors and 50 - 3BHK Bungalows, offering all amenities like swimming pool, club house, tennis court and many more with necessary shopping was launched in Pune Municipal Corporation!

Layout Plan of Green City, Handewadi Road, Hadapsar:

Yes! In Pune Municipal Corporation!! Not in a village like Fursungi, Manjri, Undri, Pisoli, Narhe - Ambegaon, Sus, Marunje - Hinjewadi, Chakan, Lohegaon or Wagholi but on Handewadi Road in Hadapsar in Pune Municipal Corporation!

Thrown out of Pune:

Particularly, at such a point of time, when to own a 2 BHK home in Pune Municipal Corporation, you need minimum budget of Rs. 30 lakhs! Means, to get a maximum home loan to invest in a 2 BHK Flat, your monthly income should be more than 40,000 rupees per month! Otherwise, your family has no place in Pune Municipal Corporation.

You are thrown out in a village, which lives at the mercy of Pune Municipal Corporation! A middle class home buyer can't afford to live in a Tata or Bata Home at Undri, drinking mineral water for the rest of his life, or don't have an ambition to give up a job in Hinjewadi and become a Sarpanch of Sus Village!

New Indian Caste System:

(Thanks to Reuters for Image)

Arihant Venkateshwara Housing was launching Green City, just after Finance Minister converted Indian Citizens into "Consumers" and India into "Market" - for foreign direct investors - in his 2010 -11 Union Budget.

In new Indian Financial Caste System, if you are earning around 1.6 lakhs per annum, you are born to serve Upper (Financial) Castes.

If you are earning between 1.6 to 5 lakhs per annum - you are free to live as per your choice and income - hand to mouth, salary slip to salary slip, or throw yourself deep into credit card debt - but you have no option, - but to keep on consuming - tooth paste, buy electronics, own and drive a vehicle to consume petrol and, whatever - but keep on consuming - to increase the GDP! However, don't dream of owning a home or investing in a real estate. No.

To make sure that only - Upper (Financial) Caste - those who earn more than 5 lakhs per annum, - have an option to own a property, - to fulfill the Finance Minister's dream, builders in Pune, started increasing property rates! - So that, minimum budget for a 2 BHK Flat, in a couple months down the line, should go beyond the reach of a person who earns less than 60,000 rupees per month. Amen!

Last Hope:

At this point of time, Good Lord!, in Pimpri Chinchwad Municipal Corporation at Wakad "Shonest Tower" and at Handewadi Road Hadapsar in Pune Municipal Corporation "Green City" were last opportunities for the middle class families to live in the city of their dream.

For a young first time home buyer, a 1 BHK Flat - 415 sq.ft. Carpet + 53 sq.ft. Terrace - in Green City, Handewadi Road Hadapsar, for all inclusive property price of Rs. 14,47,499 (+ optional open or covered parking), was last opportunity to live in Pune Municipal Corporation.

Typical 1 BHK Flat at Green City, Handewadi Road Hadapsar:

For a recently married couple, one extra room of 8'x 9'6" in a 1.5 BHK Flat - 535 sq.ft. Carpet + 59 sq.ft. Terrace - in Green City, Handewadi Road Hadapsar, for all inclusive property price of Rs. 18,41,349 (+ optional open or covered parking), was last opportunity to live comfortable life in Pune Municipal Corporation.

Typical 2 BHK Flat at Green City, Handewadi Raod Hadapsar:

For a middle class family, a 2 BHK Flat - 639 sq.ft. Carpet + 71 sq.ft. Terrace - in a 12 story tower at Green City, Handewadi Road Hadapsar, which has all amenities, for all inclusive property price of Rs. 21,76,885 (+ optional open or covered parking), was last opportunity to raise their children in Pune Municipal Corporation.

Life Time Achievement:

You can see the joy of these middle class families in the photographs i took on the day of the launch of Green City, Handewadi Road Hadapsar. For them, owning a home,
- designed by the same architect who has designed Blue Ridge Hinjewadi, Forest Trails at Bhugaon and Madhukosh at Dhayari on Sinhagad road, Aniruddha Vaidya & Associates,
- constructed by reputed builders from Aurangabad and Pune, all my favorite clients when i was in Pune real estate advertising and marketing and
- in a project which has a well done sample flat which has a name plate "Karandikar" (yes, i have told Smita to correct the spelling "Karandeekar"!) on it's main door,
- in Pune Municipal Corporation was a life time achievement. Have a look!