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

Showing posts with label 1 room kitchen flat. Show all posts

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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Tuesday, January 19, 2010

"Yes! I can own a home!!"

On 8TH January 2010, you know, my friend Sachin Kulkarni, M. D. of Vastushodh Projects, launched his first satellite township Anandgram Yavat. On Pune Solapur Highway, 35 Kms from Magarpatta City, Hadapsar.

On 10 acres of land, Anadgram Yavat has 720 homes. 1 Room Kitchen Flats - 210 units. 1 BHK Flats - 400 units. And 2 BHK Flats - 110 units. All in the budget range of Rs. 3.25 to 7.25 lakhs. For those who earn Rs. 5,000 to 10,000 per month. Anandgram Yavat has roped in Micro Housing Finance Corporation (MHFC), to provide home loans for those who are unable to submit any proof of income.

From the day, i visited the plot of Anandgram Yavat for the first time, i was completely fascinated by Sachin Kulkarni's concept. After the press conference, Sachin Kulkarni realized that i was not the only one who found Aanadgram Yavat an interesting idea. Newspapers, you know, don't print "contact details" in the news story. But, people took trouble to Google Vastushodh's address and phone numbers. Some called to congratulate Sachin Kulkarni for constructing houses for this income group. Some visited Vastushodh's office to appreciate the builder!

The response to the news, number of hits on my blogs and your comments were telling me that something exciting was going to happen at the 3 day launch event of Anandgram Yavat. So, to experience it first hand, I requested Sachin Kulkarni to let me participate in the launch event on 8TH, 9TH and 10TH of January 2010. I would like to attend the property buyers and sell the flats, i told him.

Obviously, Sachin said yes, but on one condition. I had to do a little homework and pass the test. Considering, our friendship and professional association, it was not fair of him but i accepted his terms and conditions. Mr. Sachin Kulkarni, M. D. of Vastushodh Projects, told me to do 3 things.
1) Take a walking tour of Yavat
2) Find a room on rent in Yavat
3) Write my sales talk

Test was quite easy. Sachin's questions were rather difficult. But, answers were very simple. Within no time, i found out two best facilities in Yavat which offer rooms on rent. Shri Datta Kripa and Chavhan Nagar, both on the station road. For a double room with a bath (Mori) they were charging Rs. 1,000 per month. And 2,000 rupees was the deposit. You have to pay the electricity bill of your meter. Water and Toilets were common. At both the places rooms were not available and were not going to become available in the near future. Same answer i got at main town of Yavat.

Conclusion was, if you don't own an ancestral property or land, or if you are not a businessman there was no chance of getting any kind of a shelter. Besides the private residences, practically, no houses are built for selling. So, most of the families were renting rooms for years. For them owning a home was beyond imagination.

As usual, i shot a few photographs, which you can see below, and went back to Anandgram Yavat's site office. Of course, i passed the test. Sachin Kulkarni told me that i would find the same situation in most of the satellite towns of Pune. No housing!

Now, tell me what would be your sales talk, Sachin asked me. No sales talk, i told him. I have to convince the site visitor that, now, he can own a home and tell him how. Convince him till he really believes that "Yes, i can own a home!" Because, for him, owning a home is as good as being able to fly. You know what? I got the job!

Today, you know, Anandgram Yavat has become a hot property in Pune real estate market!

A home in Yavat

Shri Datta Kripa Rental housing in Yavat

Rental Homes in Shri Datta Krupa

Mr. Chavhan and his son, owners of Chavhan Nagar

Chavhan Nagar, Rental housing in Yavat

View of Chavhan Nagar

Common water tap in Chavhan Nagar

Common toilets in Chavhan Nagar

Washing and cleaning in front of your home

College Students in Yavat

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Sunday, January 3, 2010

2 BHK Flat for 7 Lakhs!

Anandgram Yavat News:

Whenever small budget 1 BHK & 2 BHK Flats are launched, they are advertised as something unexpected, impossible, unbelievable happening in Pune real estate market!

For example, when Darode Jog Properties launched "1 BHK home in just 12 lakhs!!" in Greenland-County at Narhe Ambegaon, off Sinhagad Road, it was "An Unbelievable Truth".

Darode Jog Properties' Greenland County at Narhe Ambegaon Pune

When Sara City Chakan launched 1 BHK Flat for Rs. 6.99 lakhs, you were warned "To get ready for the shock of your life!"

Sara City at Chakan

When Eiffel City Chakan launched 'fully furnished 2 BHK Flat at Rs. 12 lakhs only', they thought "You must be joking!" would be your reaction.

Eiffel City at Chakan

2 BHK Flat for 7 Lakhs!:

For a builder "2 BHK Flat in 12 lakhs, and 1 BHK Flat in 7 lakhs" may be unbelievably less property price. But for a property buyer in Pune it was not too less a cost and not an easily affordable home. However, we didn't object much because, after all it was just real estate advertising. Where "Only" comes, without fail, after any "per sq. ft." property rate. Right?

However, in case of Anandgram Yavat, 35 klms from Magarpatta City Hadapsar, on Pune Solapur Highway, it's not the builder, Vastushodh Projects, but the critical press found "2 BHK Flat for 7 Lakhs" something unexpected, impossible, unbelievable news!

View Satellite Towns of Pune in a larger map

At the press conference, reporters asked probing questions. But their tone was not sarcastic, as usual. They were actually curious to find out why this builder, my dear friend Sachin Kulkarni, MD of Vastushodh, is building homes for the class of people which was completely ignored by all builders in Pune.

The press wanted to find out how Vastushodh has managed to give 2 BHK Flat for 7 Lakhs. As much as me, even they were concerned about the finance and profitability of the builder!

The appreciation expressed in the press conference, reflected in the news about Vastushod Projects' initiative of developing satellite townships of affordable homes for the masses.

2 BHK Flat for Rs. 7 Lakhs!

"2 BHK Flat for 7 Lakhs" was the breaking news for Sakal, leading Marahti Newspaper, and DNA .

2 BHK Flat for Rs. 7 Lakhs

For the first time in Pune real estate market, these newspapers gave the information about the property prices of 1 Room Kitchen, 1 BHK Flats and 2 BHK Flats in Anandgram Yavat!

About Anandgram Yavat

If these newspapers had published "For Bookings Contact", the address and phone numbers, I am sure, for Anandgram Yavat there was no need to give a launch ad!

Have a look at these news stories and tell me what do you think of Anandgram Yavat. Isn't it a good idea to build satellite townships of affordable homes for those who earn 5,000 to 10,000 rupees per month?

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 3 minutes!) Call +919860044110

If you like to chat, join me, RaviKarandeekarsBlogs on Google Talk.

Yes, my email id is RaviKarandeekarsBlogs@gmail.com Feel free to write. I reply as soon as i can.

Check my Google Profile: http://www.google.com/profiles/ravi.karandeekar

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!"

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

2 BHK Flat for 20 Lakhs!

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Tuesday, January 19, 2010

"Yes! I can own a home!!"

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Sunday, January 3, 2010

2 BHK Flat for 7 Lakhs!

Anandgram Yavat News:

2 BHK Flat for 7 Lakhs!:

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Pethkar Projects Opens Booking of Phase 2 of Siyona at Punawale