Ravi Karandeekar's Pune Real Estate Market News Blog

Showing posts with label 2009 - property rates in Pune real estate market. Show all posts

Saturday, January 2, 2010

Ravi Karandeekar's Pune Real Estate Market News Blog - 50 popular blogs of 2009

3,77,132 Thank Yous!

1) Saturday, February 21, 2009
Paranjape Schemes opens booking of first 200 bungalows in Forest Trails - 140 acre township at Bhugaon, 10 -15 minutes away from Kothrud and Hinjewadi

Forest Trails, Bhugaon - Sample Bungalow

2) Thursday, January 8, 2009
Property rates in Pune real estate market

3) Monday, February 2, 2009
Rohan Builders cuts property rates of Leher and Mithila by Rs. 600 per sq. ft. and 'agrees' to reduce your booking rate in case of future reduction!

4) Sunday, December 13, 2009
Megapolis Hinjewadi Phase 3, Pune - Are you investing in a 1 BHK for Rs. 16.87 lakh or a 2 BHK for Rs. 25.34 lakh Smart Home?

5) Monday, May 25, 2009
Amanora Trendy Homes - Pre-Launch Offer

6) Saturday, April 25, 2009
nano homes, Ravet in Pimpri Chinchwad, offers (limited period) 1 bhk flat for Rs. 11.97 lakhs and 2 bhk flat for Rs. 14.94 lakhs (conditions apply)

7) Sunday, February 15, 2009
What should be the rational property rate of Blue Ridge Hinjewadi?

8) Wednesday, September 9, 2009
3 bhk flat of 1,400 sq.ft. for Rs. 35 lakhs (approx.) - most preferred property in Pune real estate market!

9) Monday, June 1, 2009
Swiss County Too, Thergaon - Wakad annexe Pune - launches 2 bhk flat of 655 carpet for 26 and 3 bhk flat of 815 carpet for 31 lakhs

10) Tuesday, March 31, 2009
Insignia - housing group formed by IT professionals working in Hinjewadi, Pune, finalizes their first scheme of 2 and 3 bhk flats and Town Houses

Forest Trails, Bhugaon - Sample Bungalow

11) Saturday, July 4, 2009
Kumar Properties' celebration offer - Rs. 430 per sq.ft. discount on property rate and a gold coin!

12) Saturday, June 20, 2009
Silver Mist, Pimple Saudagar, Pune - 2bhk for 22.32 and 3 bhk flat for 26.91 lakhs - an unbelieveable property price?

13) Sunday, May 3, 2009
DSK Vasantotsav - A daring effort for reducing real estate prices begins from today

14) Thursday, April 16, 2009
Can’t afford a home in Pune? There’s one up for grabs in.....

15) Saturday, June 6, 2009
Aldea Espanola, Near Balewadi Stadium, Baner Pune - quick review!

16) Tuesday, January 8, 2008
Everybody in Pune is talking about Magarpatta City's upcoming project 'Nanded City' on Sinhgad Road

17) Thursday, April 2, 2009
Anand Jog, Director - Darode Jog Properties, on budget homes and property rates of Greenland-County at Narhe Ambegaon, off Sinhagad road, Pune

18) Wednesday, June 10, 2009
Rohan Builders' upcoming project of cozy 1 bhk, 2 bhk and 2.5 bhk flats at Bavdhan

19) Saturday, August 22, 2009
Nandan Prospera - if you are planning to invest 60 - 70 lakhs in Pune real estate market, first visit this property near Sadanand Hotel, Baner

20) Wednesday, May 27, 2009
Nanded City Pune reduces the property rate to Rs. 2,500 per sq.ft.

Forest Trails, Bhugaon - Sample Bungalow

21) Wednesday, August 6, 2008
To know more about Tanaji Malusare City at Karjat, please, visit their website www.tmcity.in

22) Tuesday, April 29, 2008
Kumar Properties' Megapolis at Hinjewadi - 3rd integrated township after City Group’s Amanora Park and Paranjape Schemes' Blue Ridge

23) Saturday, April 11, 2009
Mont Vert reduces property rates, infrastructure charges & offers 11 months rent as an additional discount for spacious flats in Tropez at Wakad, Pune

24) Sunday, January 4, 2009
Sara City, a 50 acre mega township at Chakan, offers 1 BHK flat for Rs. 6.99 lakh!

25) Friday, August 28, 2009
InSignia_Pune News - Hooray! Only SIX 2 bhk flats, for Rs. 24.50 lakhs, to go!

26) Thursday, May 14, 2009
D. S. Kulkarni Developers opens booking of 1 bhk flat for 17.80 lakh and 2 bhk flat for 27.66 lakh at Baner and 1 bhk budget flats at Bavdhan!

27) Monday, November 16, 2009
Property rates and budgets of 2 bhk flats in Pune real estate market

28) Monday, July 13, 2009
Krome Builders to launch 1BHK and 2BHK flats at the property rate of Rs 1,500-2,000 per sq ft. in Vishrantwadi

29) Wednesday, November 4, 2009
P N Gadgil & Co, Jewelers since 1832, announce Anantshilp, Bavdhan Pune, their 1st residential project of 1 BHK, 2 BHK & 3 BHK Flats!

30) Tuesday, June 16, 2009
Kumar Properties - ready possession 2 bhk and 3 bhk flats in Kharadi, Wadgaon Sheri and Hadapsar

Forest Trails, Bhugaon - Sample Bungalow

31) Saturday, May 30, 2009
Om Developers launches budget flats - 1 bhk for 13.53 & 2 bhk for 19.38 lakhs in Golden Palms, 2nd phase of The Island at Wakad Pune, near Hinjewadi

32) Saturday, May 16, 2009
Kalpataru Estate at Pimple Gurav, Pune, increases the property rates of 2 bhk and 2.5 bhk flats by 100 rupees and 3 bhk flats by 50 rupees!

33) Tuesday, August 11, 2009
Park Xpress Baner, Balewadi Pune, offers Home Possession Insurance...!

34) Thursday, November 26, 2009
Celestial City Ravet, 25 acres township of 1 BHK, 2 BHK & 3 BHK Flats, opens booking of 1st phase

35) Friday, May 22, 2009
Kumar Builders' 45 Nirvana Hills at Paud phata on Karve road in Kothrud Pune

36) Friday, May 22, 2009
Kumar Builders open booking of the first 30 stories skyscraper in Pune, 45 Nirvana Hills, first phase of 79 acre township at Paud phata on Karve road

37) Tuesday, May 12, 2009
D.S.Kulkarni Developers opens booking of 3 bhk flats and duplex apartment in DSK Hariyali at Modi Baug on Pune University road

38) Tuesday, November 18, 2008
How many cancellations happened at Blue Ridge?

39) Friday, June 26, 2009
Last call for booking your 2 bhk flat in Darode-Jog's Crossover County on Sinhgad road

40) Saturday, October 10, 2009
Pride Platinum, near Pancard Club at Baner Pune, launched

Forest Trails, Bhugaon - Sample Bungalow

41) Monday, March 2, 2009
Shame, Shame, Shame ...

42) Tuesday, March 3, 2009
Rent Today Own Tomorrow

43) Thursday, September 17, 2009
2 bhk flat for Rs. 24.50 lakhs in Vanshaj InSignia at Baner-Sus -
Are you the lucky Hinjewadi IT professional?

44) Saturday, April 25, 2009
Akruti Countrywoods, on Katraj Kondhwa link road, offers property rate of Rs. 2,250 per sq.ft. for the first 50 bookings of 1 and 2 bhk terrace flats

1 bhk terrace flat - Rs. 12.60 lakhs
2 bhk terrace flat - Rs. 16.65 lakhs

45) Saturday, May 9, 2009
Eiffel City, Chakan, opens booking of 489 sq.ft. fully furnished 2 bhk terrace flat for 12 lakhs!

You must be joking!!

46) Sunday, December 14, 2008
Lavasa - bookings for the 2nd phase to open in the coming festive season

(Property rates would not be less than the 1st phase!)

47) Saturday, September 26, 2009
Now, property rate in Wakad Pune - Rs. 2,300 per sq.ft. for 2 bhk and 3 bhk flats of 1,055 to 1,528 sq.ft. saleable area

48) Friday, October 2, 2009
Upcoming project of 2 BHK and 3 BHK flats near Pancard Club, Baner, Pune

49) Monday, July 6, 2009
What should i write about Pune real estate market? Please, tell me!

Requesting all of you who came from 2,229 cities and visited Ravi Karandeekar's Pune Real Estate Market News Blog 78,488 times and read 1,58,724 pages in the first half of 2009
Is it the right time to buy property in Pune?
Is it the right property price?

Forest Trails, Bhugaon - Sample Bungalow

50) Kumar Properties - current property rates and budgets of 2 bhk and 3 bhk flats and bungalows in Pune real estate market

Kumar Properties' Celebration offer is over!

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Tuesday, December 15, 2009

Visit to Ravet to buy a plot of land

Can you guess the current land prices in Ravet?

Visiting Ravet to buy a plot of land is going to become one of the memorable experiences, in this life.

I was visiting Ravet for the second time. With the same builder, i remember, i had visited Ravet 4 years ago. My builder friend remembered the exact day, date and time of our last visit, which i didn't. "I have seen the new Ravet bridge only from the window of a airplane," the builder said. So, we decided to go by Aundh - Dange Chowk - Ravet road and return by Expressway.

At Ravet gaon, builder's reliable agent was waiting for us. The agent insisted that first we should drive up to the Expressway to see the ongoing infrastructure work and familiarize ourselves with the development plan of Ravet. Indeed, this was a unique experience. "We are in PCMC!," our agent said proudly.

Mr. Agent was talking like a real estate salesman! Remember?, When you visit a site office, first we tell you about the layout plan of the township! Just like that! However, like a real estate salesman at a site office, he didn't have to ask us, "What is your requirement? 2 BHK or a 3 BHK Flat?". Because, the builder had already told him that minimum plot size should be 5 acres.

Driving up and down, we came back to Ravet village where we had met for the first time. Of course, Mr. Agent took us to Celestial City. Told us about the "exact" number of bookings. How Rama Group and Pharande Spaces, builders of Celestial City, have increased the property rates by 100 rupees, from the launch property price of Rs. 2,400 to the current Rs. 2,500 per sq.ft. And predicted that, in no time, the property rates in Ravet would rise to the level of Wakad and Balewadi!

"This is not done! Property rates in Ravet shouldn't go up!!," the builder said.

For a moment, i didn't believe what i was hearing. A builder was not happy about the rising property prices!

"Launching property rate Rs.2,400 per sq.ft. in Ravet, is nothing but killing the competition. Now, by increasing the property prices they are eliminating the competitor!!," the builder said. "How can a small builder like me survive in this market?," he asked the agent.

"It always happens like this. Isn't it? Big builders take a risk, launch a project in the new area, establish the property rate, and small builders profit from it!," the agent said.

"Those days are over! We have burned ourselves enough," the builder said. "Show me your plots and talk about the rates," he ordered the nervous agent.

View Ravet, PCMC - New Found Land in a larger map

The agent showed us one plot on the main road and took us towards the railway line. He was trying to point out the water, power, drainage lines which were already at place but the builder cut him short and told him to show the boundaries of the plot.

"What's that on the other side of the railway line?," i asked the agent.

"It's Defense land. Depot. No development. Going to remain green like this!," he said.

Looking around, i realized that last time we had been exactly at this point and seen the same plot!

"How much?," the builder asked.

"Oh Sh...! We didn't visit the site of the upcoming MCA Pune International Cricket Centre !! Our Mahalunge Stadium going to be better than their Melbourne Stadium!!!," the agent said.

"I construct flats for IT people. They need big LCD TV. Not a stadium. Talk about the land price," the builder said.

"We are in PCNTDA. Here TDR and premiums are not expensive like PMC. So, for the plot on the main road rate is Rs.1,100 sq.ft. and for this plot of 5 acres by the railway line, the farmer is asking Rs.750 per sq.ft. But, in the meeting he will come down," the agent said.

"He must. Payment terms?," the builder asked.

"Usual. Down payment!," the agent said.

"Is this usual? Are you dealing with me for the first time?," the builder got upset.

"Let us sit and talk. Tell me when can i arrange the meeting?," the agent said in a calm voice. The builder told the agent to call him next day to fix an appointment and took his leave.

Till we reached the Expressway, we didn't talk much. Parking the car on the service road, the builder said, "Let us go up on the flyover and have a look at the Expressway and the feeder road to Ravet." I liked the idea. I had never stopped at this point.

"Isn't Ravet better location than Wakad or Baner for Mumbaikars?" the builder asked me.

"Yes, Ravet, next real estate investment destination in Pune!," i said as if i was reading a slogan. "But no use! You knew it long time ago. Didn't we see the same plot, last time? 4 years ago?," i asked the builder.

"Yes! Do you remember how much he was asking at that point of time?," the builder asked me.

"Yes, very well. Rs. 100 per sq.ft. Payment in installments," i said.

"Right. But you have to add interest to it!," the builder said.

"Should i?," i asked him.

"Yes, of course!," builder said with a smile.

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Sunday, December 13, 2009

Megapolis Hinjewadi Phase 3, Pune - Are you investing in a 1 BHK for Rs. 16.87 lakh or a 2 BHK for Rs. 25.34 lakh Smart Home?

Pre-launch offer of Avinash Bhosale and Kumar Properties' joint venture Megapolis creates buzz in IT companies in Rajiv Gandhi Infotech Park, Hinjewadi!

Megapolis Island

Should I or shouldn't I recommend Megapolis Smart Homes?

Megapolis Fountain

Click to Enlarge

Now, this is my tern to ask a question! When someone asks me to recommend a project for investing in a 1 BHK or a 2 BHK Flat in Pune real estate market, should i recommend him to invest in this upcoming phase of Megapolis, Hinjewadi Phase 3? What will you advice me?
Before you answer, you may ask, "Ravi, why are you asking?" Right? Here are my reasons:

1) An investment opportunity in Pune real estate market:

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I find it difficult not to mention Megapolis' upcoming phase of Smart Homes to some "outsider", meaning not working in Hinjewadi IT company, when you all are talking so much about this pre-launch offer.
If i don't mention about this investment opportunity in Pune real estate market now, I wonder, what these people who call me from all over the world, will think of Ravi Karandeekar when Megapolis Smart Homes will be officially launched in the first week of January 2010?

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2) Returns on Investment:

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Most of these callers are interested in investing in the 2nd property which will give them some rental income.
Considering the amount you invest, all inclusive Rs. 16,87,050 for a garden facing and Rs. 16,56,150 for hill facing 1 BHK Flat and Rs. 25,34,250 for a garden facing and Rs. 24,85,300 for a hill facing 2 BHK Flat, (Click for the budgets of Megapolis Smart Homes) "return on investment" would be better in Megapolis Smart Homes at Hinjewadi than any other properties in Balewadi, Wakad, Pimple Saudagar, Bavdhan and Warje where availability of a 1 BHK Flat is very less and a budget of a 2 BHK flat goes over Rs. 30 lakh!

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So, how can i avoid not recommending Megapolis to a salaried Pune real estate investor who wants to create an asset which will give him better returns on investment?

3) Not a socio-economic crime!

Do you think, like me, that it's socio-economic crime to invest for a profit in an affordable 1 BHK or a 2 BHK Flat?
You know, when someone from Mumbai asks me to recommend an affordable property in the price range of 20 - 25 lakhs in Pune real estate market to invest for a profit, i request him not to commit a crime of inflating property rates and making these affordable properties unaffordable for the actual end user, a home buyer who was thrown out of the market when Pune real estate was booming.
In the last 3 - 4 months without any reason, property rates of these affordable flats have increased by 300 to 400 rupees, only because Pune builders realized that these investors don't mind to pay more!

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Now, i know, you must be wondering, "Ravi, Isn't it a socio-economic crime to invest for a profit in Megapolis Smart Homes?" My answer is "possibly" not! Because:
1) If you see the real estate pricing policy and a track record, from the day of the launch till today, property rates at Megapoils are stable.
2) If you see the volume, 600 Flats of 1 BHK + 600 Flats of 2 BHK = Total 1200 Flats in this upcoming phase, i think, Kumar Properties and Avinash Bhosale Group will keep the prices of Megapolis Smart Homes stable.
3) Plus, considering the number of bookings, mostly group bookings and corporate tie-ups with IT companies, according to Mr. Hemant Kulkarni, Genaral Manager of Pegasus Properties, promoters of Megapolis, booking would be over in 3 months time.
So, i believe, couple of individual readers of Ravi Karandeekar's Pune Real Estate Market News Blog who will be investing for a profit will not help the builder to hike the property rates of Megapolis Smart Homes and will not be committing a socio-economic crime!

4) Vigorous enthusiasm about life and career - returns!:

I want to infect those IT professionals, who at this point of time, are not working in Hinjewadi! I want to infect them with vigorous enthusiasm about life and career, i have experienced while talking to all of you who are working in Hinjewadi and who called me to discuss their decision to join the group in their company to enjoy the pre-launch offer of Megapolis Smart Homes.
Who knows, at some point of time, they may join an IT company in Hinjewadi! If not, there is no harm in being vigorously enthusiastic about life and career, once again! Right? Just like your previous generation of IT professionals! Who enjoyed the experience of joy of buying a home in Pune real estate market.
Before 2004, it was not exactly easy for them, your previous generation of IT professionals, but not difficult too. "What should i do first? Book a flat or buy a car? Before getting married, 2 -3 years down the line, for sure, i want to have both!" they used to plan and work on it.
Same possibility, same vigorous enthusiasm about life and career, i could hear and see, in you who were discussing about booking a flat in Megapolis Smart Homes! Let me confess, i really enjoyed it after a long spell of desperation and frustration about Pune real estate market in all of you!

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Look at the points you admire about Megapolis Smart Homes:
Possession in 18 months, July 2011
Sensibly planned 1 BHK Flat of 480 sq.ft. carpet area and a 2 BHK Flat of 760 sq.ft. carpet area with proper room dimensions,
12 story elegantly designed buildings,
Essential sophisticated specifications,
Rational amenities along with a school for your kids and grocery shops run buy the traditional Chowdharies,
Surrounded by green hills, picturesque location,
All this in the manageable budget! (Click here for "Budgets of Megapolis Smart Homes")
Isn't it an opportunity, everybody deserves in Pune real estate market. Right? Then, tell me, how can i keep mum about the pre-launch offer of Megapolis Smart Homes? So, not recommending to those who are not working in Hinjewadi won't be fair. Right?

For more information about pre-launch offer of Megapolis Smart Homes:

Pramod Fand
Asst. Manager - Sales & Marketing Megapolis
pramod.fand@megapolis.co.in
Pegasus Properties Pvt.Ltd,
R 1/1 To R 1/2, Phase III,
Rajiv Gandhi Infotech Park,
Hinjewadi, Pune-411057
Telephone Nos: 020- 32348180, 8181.
GSM: 91-9011009230
Web - www.megapolis.co.in

Updates:

1) Sunday, February 7, 2010
Megapolis Smart Homes News - flat owners perform Bhoomi Puja

2) Friday, January 22, 2010
Megapolis Smart Homes invite you to perform Bhumi Pujan ceremony!

3) Wednesday, January 6, 2010
Megapolis Smart Homes Carnival, Hinjewadi Phase 3

4) Sunday, January 3, 2010
Megapolis Hinjewadi Phase 3 news - Visit puneprophinjewadi's Picasa Web Album

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.
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Thursday, December 3, 2009

November 2009 - Top 10 popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

2) September 2009:

3) August 2009:

4) July 2009:

5) June 2009:

6) May 2009:

7) April 2009:

8) March 2009:

9) February 2009:

10) January 2009:

11) Most popular posts in 2008

12) What should i write about Pune real estate market? Please, tell me!

13) Who is Ravi Karandeekar?

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Thursday, November 26, 2009

Celestial City Ravet, 25 acres township of 1 BHK, 2 BHK & 3 BHK Flats, opens booking of 1st phase

26/11.
Last year on this day, a few terrorists brought India's financial nerve center to it's knees, injuring the nation's psyche permanently.
On the same day, 26/11, this year,
Rama Group and Pharande Spaces launch their new residential real estate project at the property rate of Rs. 2,400 per sq.ft. at Ravet in Pune real estate market.
Is there any coincidence?

Everything is inside. Even terrace!

Before you shout "Rs. 2,400 per sq.ft. property rate in Ravet?", Rama Group and Pharande Spaces tell you, "Because in Celestial City ( www.celestialcity.in ) in Ravet everything is inside! Not only Lounge, Mall, Sports and Multiplex but the terrace of your flat is also considered 100% inside the carpet area of your flat!"

Are you a builder or a terrorist?

Because, you are not aware about the recent tricks of the builders in Pune, you shout, "100% Terrace? Are you a builder or a terrorist? Why don't you shoot straight?"

"Builders. Kind builders of Pune! Look, we have loaded only 30% on the (carpet area + terrace)!," the builder says.

"30% loading for a building of Parking + 8 Floors in Ravet? Wasn't it only 25%? Wasn't terrace charged at 50%? Are you a builder or a terrorist turned finance minister?,"now, you start screaming about the builder politician nexus!

Dance Bar Properties in Pune:

If you are an outgoing type of a person who knows how things are charged in the trendy joints, you will not waste your time in counting rupees and sq.feet You know well that you have to pay 3 times more for a drink or a snack because the joint offers entertainment. You will only focus on major attractions. You will try to find out "inside" means exactly where?

"Lounge inside! Where is it in the 1st phase?"

"Mall inside! Where is it in the 1st phase?"

"Sports inside! Where is it in the 1st phase?"

"Multiplex inside! Where is it in the 1st phase?"

"But, show me, Where is all this in the 1st phase?"

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"Only Terrace is "Inside"! Yes, i can see it completely considered inside the carpet area! What about the rest?"

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"Look at the complete picture! Celestial City is an "integrated township" in 4 parts!"

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"What about my second honeymoon? Are you planning to complete the construction of all proposed 4 parts of Celestial City by that time?"

You are very much convinced that Celestial City is like your family! Though your parents, brothers and sisters stay in different parts of the world, you are all one family.

You also start admiring the builder for not over exaggerating! Though, the railway line is very close, Celestial City is not claiming that Akurdi railway station is "inside".

Though, Pune Mumbai Expressway is so near, Celestial City is not claiming that Khandala Hill Station is "inside".

Though, Chakan air port would be nearer to Celestial City than any project in Wakad, the builder is not claiming that New International Air Port is "inside"!

You have only one doubt. That radio commercial was talking about celebrating "second honeymoon"! So, you ask the builder, "What about my second honeymoon? Would you be able to complete the project by that time?"

"Sure, we will! Generally, people go after retirement. When are you planning your second honeymoon? ," the builder asks you.

"Certainly, i will let you know. At this point of time, i have to make arrangements for my first honeymoon!," you tell him while trying to calculate travel time from Ravet to Hinjewadi. "Except Hinjewadi, why go out?," you ask yourself!

Click to enlarge!

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Increase in prices sours revival in demand for real estate

Any resurgence would be hit harder by prices rising excessively, than by loan costs

The much-heralded revival in home-building could come to nothing as property developers may have raised prices too much too soon, data from realty research company Liases Foras shows.

The country’s largest mortgage lender has a word of caution for real estate companies looking to cash in on the increase in demand.

Liases Foras founder and managing director Pankaj Kapoor says builders have raised prices to push up their valuations in the run-up to raising money.

“Developers have to be careful about prices, otherwise they will erode the long-term benefits for short-term gains,” said Renu Sud Karnad, joint managing director of Housing Development Finance Corp. Ltd (HDFC).

Any resurgence would be hit harder by prices rising excessively, than by loan costs.

“The effects of higher prices are more on demand than higher interest rates,” Karnad said at the launch of the Liases Foras Real Estate Sensitive Index.

To read more, please, visit livemint.com

Liases Foras launches RESSEX

Realty research firm Liases Foras launched its Real Estate Sensitivity Index – RESSEX,( www.ressex.com ) that will provide structured data and property analysis on the country's real estate market. To read more, please, visit Ravi Karandeekar's Pune Real Estate Investment Blog

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Saturday, November 21, 2009

Park Titanium at Wakad Pune, 3 BHK & 4 BHK luxurious condominiums in Park Street, launched!

So, it was all about Pride Purple Group's new residential project of 3 BHK Flats - 1950 sq.ft. onwards - and 4 BHK Flats - 2575 sq.ft. onwards - in Wakad, Pune!

Day before Yesterday, Thursday, 19th November 2009, Page 3, Times of India:

Yesterday, Friday, 20th November 2009, Page 3, Times of India:

Today, Saturday, 21st November 2009, Page 3, Times of India:

Rs. 3,750 per sq.ft. : Property rate of Park Titanium, Park Street, Aundh Chest Hospital Road, Near Kalewadi Phata, Pune 411 057:

I called the phone number give in the ad.
Girish, took my call.
He said the special introductory property rate of Park Titanium is only Rs. 3, 750 per sq.ft.
Saleable area of a 3 BHK Flat is 1,950 sq. ft. and above.
Total property price of a 3 BHK Flat is Rs. 80 lakhs onwards.
4BHK Flats have saleable areas 2,575 sq.ft. onwards and property prices are above Rs. 1 crore.
For floor plans, specifications and amenities of Park Titanium, Girish told me to visit the website of Pride Purple Group www.pridepurplegroup.com
What about you? Did you call the telephone number for an appointment?
If you have visited the sample flat, please, share your views in the comments.
Yes, of course, i have visited the sample flat!

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Monday, November 16, 2009

Property rates and budgets of 2 bhk flats in Pune real estate market

What do you do when you realize that the builder is trying to hide from you exactly how much space you are going to get?

1) Amanora Park Town - Trendy Homes - Tower 30 -35:

653 Carpet: Rs. 29,40,400 total cost up to 4th floor with an External View:

Including: Car parking + Maintenance Payable at Once + Infrastructure Charges for 1 year
Excluding: Stamp Duty, Registration Charges and Electrical Charges Rs. 80,000

2) Amanora Park Town - Tower 1 - 10:

1,006 Carpet: Rs. 60,42,340 total cost up to 4th floor:

Including: Car parking + Electrical Charges + Stamp Duty + Maintenance Payable at Once + Infrastructure charges for 1 year

Including: wardrobe + bed + television + refrigerator + air conditioner + washing machine + computer + kitchen system with chimney + water purifier + geysers in all bathrooms + light and fan fittings in all rooms

www.amanora.com

3) Megapolis Hinjewadi Phase 3:

Carpet area not published: Rs. 40,86,000 total charges for 1st to 11th floors in D building
Including: Infrastructure charges + other charges + Stamp Duty + Registration charges

www.megapolis.co.in

Kumar Properties' Projects:

Carpet area not published: total cost including: MSEB + other charges + Stamp Duty + Registration charges + Legal charges + Club charges

www.kumarworld.com

4) Kumar Palms, Kondhwa: Rs. 34,02,050 - 34,61,900

5) Kumar Palmgrove, Kondhwa: Rs. 35,51,350 - 37,30,350

6) Kumar Gulmohar, Salunkhe Vihar: Rs. 53,83,250

7) Kumar Prithvi, Market Yard Annex: Rs. 37,99,450 - 39,20,700

8) Kumar Periwinkle, Chandan Nagar: Rs. 33,42,550 - 34,94,800

9) Kumar Princetown, Undri: Rs. 45,99,000 - 47,77,000

10) Kumar Papillon, Susroad: Rs. 36,37,600 - 37,00,600

11) Park Infinia, Fursungi: Rs. 28,63,000

12) Kumar Picaso, Hadapsar: Rs. 44,11,800

13) Karishma, Karve Road: Rs. 88,22,100 - 88,61,500

Belvalkar Housing:

14) Solacia, Wagholi: F Type:
685 Carpet (approx) + Terrace: Rs. 20,26,850
Including: MSEB + Formation charges + Stamp duty + Registration + Legal charges
Extra: Open Parking (optional) + Club House charges (optional) + Advance maintenance for 2 years

15) Solacia, Wagholi: D Type:
Carpet area not published: Rs. 26,22,380
Including: MSEB + Formation charges + Club House charges + Stamp duty + Registration + Legal charges
Extra: Open Parking (optional) + Advance maintenance for 2 years

www.visitsolacia.com

16) Chaitrangan Phase 2, Bibvewadi - Katraj Road:
604 Carpet + Terrace: Rs. 26,80,908
including: MSEB + Maintenance Deposit Open Parking + Stamp duty + Registration charges + Legal charges

www.belvalkarhousing.com

17) Savannah, Wagholi: I & K wing:
Carpet 640 (approx) + Terrace: Rs. 19,86,600
Including: Infrastructure charges + MSEB + Stamp duty + Registration charges + Maintenance charges for 1 year

www.savannah-pune.com

B U Bhandari Landmarks:

18) Unity Park, Kondhwa:
Carpet 770 (approx): Rs. 27,13,950
Including:MSEB + Legal charges + Society formation + Other charges + Stamp duty + Registration charges
Extra: Maintenance at the time of possession

19) Ekta Residency, Kondhwa:
Carpet area not published: Rs. 21,75,380

20) Kaasp Countyy, Wakad:
Carpet area not published: Rs. 27,22,000

www.bubhandarilandmarks.com

Saarrthi Group:

21) Saarrthi Shilp, Kothrud:
659 Carpet + Terrace: Rs. 42,70,429
Including: Parking + MSEB + Legal charges + Society formation + Stamp duty + Registration charges + Maintenance charges for 2 years

22) Saarrthi Satin Hills, Bavdhan:
Carpet area 665 - 754 + Terrace: Rs. 34,13,842 - 39,90,376
Including: Covered car park + MSEB + Legal charges + Society formation + Stamp duty + Registration charges + Club development charges + Maintenance charges for 2 years

www.saarrthigroup.com

Atul Enterprises:

23) Alcove, Pimple Saudagar, Aundh annex: Phase 2: Building B
Carpet area not published: Rs. 34,26,592 - 35,41,100
Including: Car parking + MSEB + Society formation + Stamp duty + Legal charges + Maintenance for 2 years

www.atulenterprises.com (Under construction!)

Om Developers:

24) The Island, Wakad Pune:
Carpet area not published: Rs. 35,95,990 - 39,63,623
Including: Covered car parking + Club + Legal charges + MSEB + Society charges + Stamp duty + Registration charges + 3 years advance maintenance

25) Vista Residency, Baner:
Carpet area not published: Rs. 32,59,585 - 33,53,980
Including: Parking + MSEB + Society + Stamp duty + Registration charges

26) Angel Hills, Phase 2, Talegaon:

1) Garden flat: 546 Carpet + Garden: Rs. 16,49,304 - 17,43,678

2) 609.63 Carpet : Rs. 15,58,782
Including: Covered car park + MSEB + Society + Legal + Stamp duty + Registration
Extra: Advance Maintenance charges for 2 years

www.omdevelopers.com

Manav Promoters:

27) Silver Skyscapes, Wakad Pune: C Building - Odd floors - August 2010:
Carpet are not published: Rs. 33,00,600

Silver Skyscapes, Wakad, B building - Odd floors - July 2011:
Carpet area not published: Rs. 33,16,000 - 33,32,800

Silver Skyscapes, Wakad, B building - Even floors - July 2011:
Carpet area not published: Rs. 32,48,800 - 34,19,600
Including: Infrastructure & development + MSEB + Legal charges
Extra: Stamp duty, Registration, Maintenance charges + Rs. 25 per floor, Floor Rise above 5th

www.manavpromoters.com

Sonigara Homes:

28) Sonigara Kesar, Phase 2, Wakad Pune:
Carpet area not published: Rs. 37,17,210 - 37,20,160
Including: MSEB + Other charges + Stamp duty + Registration charges + Handling charges
Extra: Advance maintenance Rs.75 per sq.ft. at the time of possession

29) Sonigara Aangan, Ravet:
Carpet area not published: Rs. 25,46,400 - 26,55,050
Including:Stamp duty + Registration + Other charges + Parking
Extra: Advance maintenance at the time of possession Rs. 10 per sq.ft.

www.sonigarahomes.com

Pride Purple Group:

30) Topaz Park in Park Street, Wakad Pune:
Non Garden - Carpet area not published: Rs. 36,92,166

Garden Facing - Carpet area not published: Rs. 38,57,856
Including: Infrastructure charges + Stamp duty + Registration + Legal charges + Advance maintenance for 2 years

www.parkstreetpune.com

Park Royale, Rahatani:

Non-Garden Facing- Up to 3rd Floor - Carpet area 856 + Terrace + Dry balcony: Rs. 41,76,028

Garden Facing- Up to 3rd Floor - Carpet area 856 + Terrace + Dry balcony: Rs 43,62,728
Including: Infrastructure charges + Stamp duty + Registration + Advance maintenance for 2 years

www.pridepurplegroup.com

Park Xpress, Balewadi:

Garden Facing - 662 Carpet area + Terrace + Dry balcony: Rs. 37,39,980
Including: Other charges + Stamp duty + Registration charges + Advance maintenance for 2 years

www.parkxpress.com

Cut the crap! Tell me the carpet area of my flat:

What do you do when you find out that the builder has increased the saleable area by increasing the loading from 25 % to 35 % ?

What do you do when you find out that instead of 50% the builder has charged 100 % for terrace?

What do you do when you find out that the builder has removed the carpet area of the flat from the brochure and from the website?

What do you do when you realize that the builder is trying to hide from you exactly how much space you are going to get?

Do you say, "Mr. Builder, Cut the crap! Tell me the carpet area of my flat."

When once i asked for the carpet area, you know what answer i got?

"Do you want to know the carpet area form "brick to brick" or from "plaster to plaster"?"

What is your experience?

Do you still calculate the property rates on the saleable area or have you started considering Property Rate = All Inclusive Total Cost / Carpet Area ? Please, share your views in the comments. Comments Policy

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Thursday, November 5, 2009

Dajikaka's Anantshilp at Bavdhan Pune news - all 1 BHK, 2 BHK & 3 BHK Flats, in the 1st phase, booked!

Dajikaka ( www.dgdl.in ) may open booking of the 2nd phase of Anantshilp in January 2010:

Last 2 bhk flat, flat number 206 in Anantshilp, 1st real estate project of Dajikaka Developers Pvt.Ltd.(DGDL) (www.dgdl.in) at Bavdhan Pune, was booked at 2 PM today.

With this booking, DGDL declared that the booking of the 1st phase which informally opened with an ad of Dajikaka's announcement of his maiden venture in real estate just before Diwali.

It means that, now, you have to wait till January 2010 to book a 2 BHK Gold or a 3 BHK Flat in the C building, 2 nd phase, of Anantshilp, real estate project of P N Gadgil & Co (Jewelers since 1832).

Rs. 3,100 per sq.ft. - current property rate at Bavdhan Pune:

"Keeping in mind that Anantshilp is our 1st real estate project we are charging you only the current property rate in Bavdhan. Rs. 3,100 per sq.ft.!," I was told in Dajikaka Developers Pvt.Ltd.(DGDL) office on Laxmi Road in Pune.

"Oh! So nice of you!," lady sitting next to me said with a smile. Before i could dare to ask her, "Do you know where is Bavdhan?" Sanjay, sales executive, started explaining all of us the location of Bavdhan. The lady was happy to know that an area in Pune has such a sweet name!

I am very much sure, i must be the only gentleman in Pune who has ever payed any attention to Sanjay's informative talk on Anantshilp.

He was telling me wonderful things. For example,..... brochure of the project is not ready........ site office of Anantshilp is under construction........ sample flat at Anantshilp would be ready only after 2 months......... 1 BHK Flat, 580 sq.ft. saleable area, was for Rs. 20,27,000........... 2 BHK Silver Flat, 850 saleable, for Rs. 28,88,800 and 2 BHK Gold, saleable 1021, for Rs. 34,31,500............. 3 BHK Flat of 1,350 sq.ft., saleable area was for Rs. 44,71,800. .....these were all inclusive property prices.....including flat with covered car park, stamp duty and registration, maintains charges for...

I was listening not because I didn't know that Dajikaka's word and touch is more valuable than gold and diamonds, but because, i have to post these details here!

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Monday, November 2, 2009

Barbara can't wait for you forever!

Mont Vert Seville, Wakad Pune, to increase the property rates from 5th November 2009

Click to Enlarge

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Wednesday, October 28, 2009

Thanks to RBI! Property rates to go up!!
-How much?
Depends upon the liquidity and cash flow of the real estate developer

RBI's move may boost cost and reduce the demand:

The Reserve Bank of India’s move to ask lenders to set aside more funds to cover defaults on loans to property companies may boost costs at real estate developers and reduce demand for homes, company officials said.

The central bank yesterday ordered lenders to set aside an equal amount of their loans to cover for potential bad debts at property companies, an increase from 40 percent to help banks build a cushion against likely bad debts.

"Property developers may be forced to “pass on the prices to the end user," said DTZ’s Bhikshu. "This, combined with the sluggish sales of last few months, indicates that the sector’s recovery path could see some hurdles in near future." Read More

No asset bubble. It's turned around !

The Reserve Bank seeks to head off a real estate bubble, withdraws an earlier move to revive the sector..

According to Mumbai-based Housing Development and Infrastructure Ltd (HDIL), the third largest developer by market value, home prices may increase depending on the liquidity levels of companies.

“The new provisioning norm will make lending more expensive for developers, squeezing their profitability, and so those in need of cash flow may pass it on to buyers, leading to a rise in prices,” said Hari Pandey, vice-president, finance and investor relations, HDIL. Read More

Saturday, January 2, 2010

3,77,132 Thank Yous!

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Tuesday, December 15, 2009

Can you guess the current land prices in Ravet?

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Sunday, December 13, 2009

Pre-launch offer of Avinash Bhosale and Kumar Properties' joint venture Megapolis creates buzz in IT companies in Rajiv Gandhi Infotech Park, Hinjewadi!

Should I or shouldn't I recommend Megapolis Smart Homes?

1) An investment opportunity in Pune real estate market:

2) Returns on Investment:

3) Not a socio-economic crime!

4) Vigorous enthusiasm about life and career - returns!:

For more information about pre-launch offer of Megapolis Smart Homes:

Updates:

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Thursday, December 3, 2009

Top Content - According to Google Analytics:

Related Stories: Most Popular Blogs

12) What should i write about Pune real estate market? Please, tell me!

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Thursday, November 26, 2009

Everything is inside. Even terrace!

Are you a builder or a terrorist?

Dance Bar Properties in Pune:

"Lounge inside! Where is it in the 1st phase?"

"Mall inside! Where is it in the 1st phase?"

"Sports inside! Where is it in the 1st phase?"

"Multiplex inside! Where is it in the 1st phase?"

"But, show me, Where is all this in the 1st phase?"

"Only Terrace is "Inside"! Yes, i can see it completely considered inside the carpet area! What about the rest?"

"Look at the complete picture! Celestial City is an "integrated township" in 4 parts!"

"What about my second honeymoon? Are you planning to complete the construction of all proposed 4 parts of Celestial City by that time?"

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Saturday, November 21, 2009

So, it was all about Pride Purple Group's new residential project of 3 BHK Flats - 1950 sq.ft. onwards - and 4 BHK Flats - 2575 sq.ft. onwards - in Wakad, Pune!

Day before Yesterday, Thursday, 19th November 2009, Page 3, Times of India:

Yesterday, Friday, 20th November 2009, Page 3, Times of India:

Today, Saturday, 21st November 2009, Page 3, Times of India:

Rs. 3,750 per sq.ft. : Property rate of Park Titanium, Park Street, Aundh Chest Hospital Road, Near Kalewadi Phata, Pune 411 057:

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Monday, November 16, 2009

What do you do when you realize that the builder is trying to hide from you exactly how much space you are going to get?

1) Amanora Park Town - Trendy Homes - Tower 30 -35:

2) Amanora Park Town - Tower 1 - 10:

3) Megapolis Hinjewadi Phase 3:

Kumar Properties' Projects:

Belvalkar Housing:

B U Bhandari Landmarks:

Saarrthi Group:

Atul Enterprises:

Om Developers:

Manav Promoters:

Sonigara Homes:

Pride Purple Group:

Cut the crap! Tell me the carpet area of my flat:

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Thursday, November 5, 2009

Dajikaka ( www.dgdl.in ) may open booking of the 2nd phase of Anantshilp in January 2010:

Rs. 3,100 per sq.ft. - current property rate at Bavdhan Pune:

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Monday, November 2, 2009

Mont Vert Seville, Wakad Pune, to increase the property rates from 5th November 2009

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