Ravi Karandeekar's Pune Real Estate Market News Blog: Hinjewadi

Showing posts with label Hinjewadi. Show all posts

Wednesday, September 21, 2011

Lunch date with Mahesh Saluja at Kolte-Patil I-Ven Marunje Hinjewadi "Special" Township

The Last Lunch before the Launch?

1st Phase of Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune from 'viewing gallery'

It was my first lunch date with Mahesh Saluja, AVP - Sales & Marketing, Kolte-Patil I-Ven Townships (Pune) Pvt. Ltd. For a while, we had been in touch, but hadn't met in person. But, that was fine with me.

I was sure, like all senior managers in Kolte-Patil Developers, Mahesh Saluja must be highly experienced real estate professional. I was also sure that, like all senior managers in Kolte-Patil, Mahesh would be there for the next 10 - 15 years. So, I didn't see any urgency.

Anyways, there was no need and scope for me to write about Kolte-Patil I-Ven Hinjewadi Township. For a while, instead of I sharing some news, you were all providing me, latest information about the pre-launch offer of Kolte-Patil I-Ven Hinjewadi Township!

Considering the response to the pre-launch offer, i had come to conclusion that Kolte-Patil I-Ven Hinjewadi Township has become the first "cool property" in Pune real estate market. The other day, when someone told me that it will be launched in a month's time, i said, i should taste the ice-cream before it melts.

Well Designed Sail Plan:

Mr. Mahesh Saluja welcomed me in the plush marketing office of Kolte-Patil I-Ven Hinjewadi Township. At the end of a guided trip of the entire establishment, we went to the 'viewing gallery' from where we can see the entire 400 + acres.

The view was awesome. The way Mahesh was describing the plan, i could actually see the complete township taking a shape in front of my eyes.

In an instant, i stopped visualizing, took a few steps back and focused my eyes on Mahesh Saluja. What was he up-to? By painting an attractive picture of Kolte-Patil I-Ven Hinjewadi Township, was Mr. Mahesh trying to sweep me off my feet?

No. He wasn't! In fact, Mr. Mahesh was completely, in touch with the reality and constrains in the development of such a huge township. He was not daydreaming. Standing on the bridge of a ship, like an able Officer of the deck (OOD), he was just explaining his "sail plan"!

Looking at him, i felt that it would be quite a safe journey for the home buyers. Certainly, this was coming from my experience of what is happening in other "Townships" in Pune - Amanora - Blue Ridge - Megapolis - Nanded City Pune. Moral of the story was the captain of the ship plays an important role in making the journey safe. Which looked quite possible with Mr. Mahesh Saluja, AVP - Sales & Marketing, Kolte-Patil I-Ven Townships (Pune) Pvt. Ltd. So, i asked him, "Mahesh, can i take one photo of the 'cool guy' in Pune real estate market?"

Mr. Mahesh Saluja, AVP - Sales & Marketing, Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune and the skyline of PCMC

Construction of 3 BHK Row Houses & 4 BHK Twin Bungalows has began!

Sample Bungalow at Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Lunch time at Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Admin & Engineering Block of Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Site Office of 421 Acre Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Lotus at Kolte-Patil I-Ven "Special" Township at Marunje Hinjewadi Pune

Hoarding of Kolte-Patil Developers' Proposed Township at the site, Marunje, Hinjewadi, Pune

View Kolte-Patil I-Ven Marunje Hinjewadi "Special" Township in a larger map

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Thursday, August 19, 2010

Paranjape Schemes open booking of 1 BHK Slim Fit Home in Blue Ridge Hinjewadi Pune 411057

Big event in Blue Ridge Hinjewadi -
1 BHK Flat of 569 / 571 sq.ft. Saleable Area
At the Property Rate of (approx) Rs. 3,500 per sq.ft. and
For the (approx) Property Price of Rs. 25 - 26 Lakhs!

Freedom to enjoy life the way you like it!

I was curious to open today's The Times of India, Pune Edition. But when i opened and saw what i wanted to see, i was shocked.

It was all about a 1 BHK Flat of 569 / 571 sq.ft. saleable area in Paranjape Schemes' Blue Ridge Hinjewadi.

Not only that, this 1 BHK Flat is called "1 BHK Slim Fit Home" and is presented as a designer product, a style statement for a young and single individual!

A home for an individual! Not for a family!! Poor real estate salesman in me found it very difficult to accept. What about you?

Real estate investors, EMI-addicts this question is not for you!! Why are you wasting your time reading this? Run to Blue Ridge Hinjewadi Pune 411 057.

1 BHK Flat at Paranjape Schemes' Blue Ridge Hinjewadi Pune 411057: Launch Ad

A 1 BHK Slim Fit Home in Blue Ridge Hinjewadi Pune:

1 BHK Flat in Blue Ridge Hinjewadi: Views

1 BHK Slim Fit Home in Blue Ridge Hinjewadi is for the couples!

When i read Mr. Shashank Paranjape, MD of Paranjape Schemes, message, i realized that I was wrong! 1 BHK Slim Fit Home in Blue Ridge Hinjewadi is not only for a single individual, as i thought. 1 BHK Slim Fit Home is ideal for couples! Now, don't ask me what type of "couples"! Have a look!

1 BHK Slim Fit Home in Blue Ridge Hinjewadi - for the cozy twosome!

Blue Ridge Newsletter on 1 BHK Slim Fit Home:

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Saturday, August 14, 2010

Blue Ridge Hinjewadi - What is the big event on 19th August 2010?

Paranjape Schemes (Construction) Ltd (www.pscl.in)

www.pscl.in

Do you have any idea? I heard that there is some big event on 19th August at Paranjape Schemes. Mostly at Blue Ridge Hijewadi. It looks quite possible to me. Because, lots of changes - developments are happening in Paranjape Schemes. For example:
1) Now, Paranjape Schemes have redesigned their website at http://pscl.in/
2) You can chat with the expert on their website.
3) Paranjape Schemes is now on Twitter at http://twitter.com/paranjapescheme
4) Of course, on the Facebook too!

To find out about the upcoming event, I even visited Paranjape Schemes' Blue Ridge, near Cognizant, Rajiv Gandhi Infotech Park - Phase 1, at Hinjewadi Pune 411 057. The receptionist asked me, "Inquiry?"

"Yes! I am Ravi Karandeekar. I write a blog on Pune real estate. I want to know what is the big event on 19th August?," i said.

"What event? I don't have any idea! Would you like to have a coffee?," she said.

Shri Shashank P. Paranjape, Director, Paranjape Schemes (Construction) Ltd (www.pscl.in)

Shri. Shashank Paranjape, Paranjape Schemes

While i was enjoying my cup of coffee, suddenly everyone in the reception stood up! Mr. Shashank Paranjape, Director, Paranjape Schemes (Construction) Ltd., had come in the lounge to see-off an important delegation. I let him say bye bye to his guests. As soon as he became free, I asked Mr. Paranjape, "Sir, what's the big event on this 19th August at Blue Ridge?"

"Come on! Let us go to my cabin and talk," Mr. Shashank Paranjape said.

"Ravi, You know? For last 3 - 4 years i am doing a research on this subject. I am going to develop a facility for the families who have - physically and mentally challenged - children," Mr. Shashank Paranjape said, as soon as we entered his cabin. Very passionately Shashank described the need of such facility. When he was describing how these parents suffer and worry about the future of their challenged sons and daughters, his blue eyes were melting. His handsome face was full of care and love. His well built figure started looking soft and gentle.

"You make me nervous. I started feeling as if i am a selfish pig - an insensitive person. I always try to forget - ignore - all the sad things and focus on joy - happiness. And look at you - who has wealth and opportunities to enjoy all luxuries - thinks and cares for old age, seriously unwell old people, and now - you want to develop a facility for these unfortunate families! Why?," I asked Mr. Shashank.

"It's my job! I am "Builder". I provide housing," Shashank said.

"Yes, but these are serious issues. Huge responsibilities. It's not plan - build and - sell business," i said.

"I am not into charity! I develop a business model. Like Athashri. As a builder, i believe, it's my duty to develop housing for the people who have special needs," Shashank Paranjape said.

"Are you going to launch this on 19th?," I asked him and did my duty.

"It's still in the planning stage. I discussed because we are meeting after a long time," Mr. Paranjape said. His secretory told Mr. Paranjape that someone has come, so i took his leave.

Mr. Prasanna Tamaskar, Sales Manager, Blue Ridge Hinjewadi (www.blueridge.in)

Visit to Paranjape Schemes' Blue Ridge Hinjewadi Pune 411 057 on August 11, 2010

Mr. Prasanna Tamaskar, Blue Ridge Hinjewadi Pune

When i came back to the reception, receptionist asked me, "Tell me - what is the big event on 19th August at Blue Ridge?"

"Are you making fun of me?," i asked her.

"No. I am as curious as you are," she said.

"Mr. Prasanna Tamaskar, I am sure, will tell me. Can i see him?," i asked.

"Sure," she said and called him. "Prasanna has told you to go and have a look at the site. He will be free by then," receptionist told me.

"Site? Blue Ridge is 140 acres! Is this his way to say 'No - i don't want to meet you?," I asked her and reluctantly went out.

There was not enough sunlight, but i couldn't resist taking photographs of Blue Ridge. Have a look. As usual, i have posted these photos at the end of the blog. I didn't even reach the towers, Prasanna called me. On my way, i noticed that, now, there is only one sample flat - of a 1 BHK Flat. Some activity was going on around that sample flat. But i didn't shoot, because i was in a hurry to meet my old friend, Prasanna Tamaskar.

"What's up? Ravi Karandeekar is in Blue Ridge!," Mr. Prasanna Tamaskar gave me warm welcome.

"What do you think? Because - i couldn't find any place in Hinjewadi which has a clean toilet and offers free coffee - I am here, because - i want to know what is the big event on 19th August at Blue Ridge?," I said.

"On 19 August 2010...," Prasanna turned his monitor and showed me Google search results and said "Events on August 19, 2010 ...Afghanistan: Independence Day....Whyday....World Humanitarian Day..it would be a Tax Free Weekend 2010..,"

"I said in Blue Ridge Hinjewadi....Are you opening bookings of Bungalows in Blue Ridge?," i asked.

"There are only 65 bungalows. We are not going to open bookings. Bungalows is the Directors' privilege!," Prasanna said.

"Prasanna, i take your word. But, i know for sure that something is cooking...," I said.

"Ravi, give up the idea of a big - sensational - happenings. Here at Blue Ridge, my main priority is to keep my sales on an even keel...," said Prasanna and went on describing steady flow of "walk in" visitors on the weekends.

Good number of property buyers come to Blue Ridge with their families. Not only husband - wife - and children but even with important members - relatives - parents - friends whose opinion matters. Generally, they have researched and short listed Blue Ridge. So, sales executives at Blue Ridge don't give them a sales talk. They answer their queries. Sales executives tell you what is available in all 14 towers of Blue Ridge Hinjewadi. Available properties in the budget range of Rs. 40 lakhs (very few) to 125 lakhs. There is no pressure selling. We discuss, said Prasanna, the available 5 BHK, 4 BHK, 3 BHK, 2 BHK Flats. The positive, negative points, doubts and concerns. Possession dates. Payment schedules. No convincing. Only explaining. It is more like a professional business transaction. My property buyer is mature. Generally, salaried persons who's monthly family income is 1.5 to 2.5 lakhs. He has good savings. Looking for not more than 50% home finance. Very less investors. 70 to 80% are from Pune and Mumbai. A few NRIs.

"So, understand that now we don't sell - we serve. If you are not sure, or want to change your decision, no problem. No cancellation charges. We refund all booking amount without cutting. As early as we can," Prasanna said.

"In fact, now, pressure is on us. Challenge is not of booking but delivering. Pressure of giving possession by March 2011. This phenomenon is not limited to Blue Ridge - but the same kind of response you will see in Megapolis and Nanded City Pune! Right?," Prasanna asked me.

"Yes! Now, boys are out of the market! Pune real estate market has become an adult!!," I said.

I admire and believe in Prasanna Tamaskar. I got his point. But, i know that big boys also like to play - so, you can't deny the possibility of some big event on 19th August at Blue Ridge Hinjewadi! Right?

Visit to Paranjape Schemes' Blue Ridge Hinjewadi Pune 411 057 on August 11, 2010:

Blue Ridge Hinjewadi Pune - 1

Blue Ridge Hinjewadi Pune - 2

Blue Ridge Hinjewadi Pune - 3

Blue Ridge Hinjewadi Pune - 4

Blue Ridge Hinjewadi Pune - 5

Blue Ridge Hinjewadi Pune - 6

Blue Ridge Hinjewadi Pune - 7

Blue Ridge Hinjewadi Pune - 8

Blue Ridge Hinjewadi Pune - 9

Blue Ridge Hinjewadi Pune - 10

Blue Ridge Hinjewadi Pune - 11

Blue Ridge Hinjewadi Pune - 12

Blue Ridge Hinjewadi Pune - SEZ - 13

Blue Ridge Hinjewadi Pune - 14

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Saturday, July 31, 2010

Piramal Group's realty fund picks up 24% in Flagship Infrastructure - Paranjape Schemes' venture which is developing Blue Ridge Hinjewadi Pune 411057

Ajay Piramal Group promoted real estate fund Indiareit has picked up 24% stake in Paranjape Schemes' Flagship Infrastructure that is developing a township project, Blue Ridge, and special economic zone (SEZ) project in Hinjewadi near Pune, a person familiar with the development said.

Blue Ridge Hinjewadi Pune 411 057:

Indiareit Offshore Fund had subscribed to 4,000 warrants of the entity and is now converting it into equity that will give it a 24% stake. “The warrants are being converted at Rs 55,110 per share translating into a deal worth Rs. 22 crore as per an application made to foreign investment promotion board (FIPB),” said the person on condition of anonymity. FIPB is the nodal body that clears foreign investment proposals in the country.
The Economic Times

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Thursday, March 11, 2010

Imperial Twin Towers, Cumballa Hill, Mumbai - tallest Indian skyscraper gets its act together

Imperial twin towers, the Rs1,200 crore project, India's most expensive residential address, has been bogged down by legal issues over the dangers its construction posed to the stability of Cumballa Hill, Mumbai, on which it was being built.

Eight years after construction began at the Imperial twin towers project in Mumbai, its developers have finally received the mandatory occupancy certificate to start handing over homes to buyers.

At 827tf, the Imperial is India’s highest skyscaper. It comprises two 60-storeyed towers, with 228 apartments of up to 10,000 sq. ft. overlooking the Arabian Sea and the Mahalaxmi Race Course. The apartments are priced between Rs8.5 crore and Rs90 crore.

Despite its prime location, it has been a challenging maiden project for SD Corp., a joint venture of India’s oldest construction company Shapoorji Pallonji and Co. Ltd and entrepreneur Dilip Thacker.

In future, SD Corp. will focus on residential and redevelopment projects in Mumbai, Pune and Alibaug, said a company official, who did not want to be named.

It has bought 200 acres in Hinjewadi near Pune for a township and has a huge redevelopment project in suburban Mumbai, among others.

I wanted to share this story with you: http://digg.com/d31LE37?e

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Wednesday, January 27, 2010

100 acre land at Hinjewadi - Sobha Developers calls off land sale

Thanks to Infosys co-founder N S Raghavan:

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Sobha Developers had put up for sale some of their lands, including 100 acre at Hinjewadi in Pune. The total value of these lands is between Rs 600 and 800 crore. The sale would have generated the much-needed cash for Sobha to develop its projects. Like Sobha Carnation on Kondhwa road, Pune.

However, Sobha Developers, is learnt to have called off the land sale. Because Sobha managed to strike a deal with an investment fund owned by Infosys co-founder N S Raghavan to raise Rs 225 crore by selling a part of its land bank. And also because Sobha managed to reschedule a substantial part of its loan portfolio.

To read more, please, visit The Economic Times

Links:

1) The amazing Infosys story How Infosys was born

2) Nadathur Holdings and Investments Pvt. Ltd.:
An investment firm established by N.S. Raghavan , Founder and Former Joint Managing Director of Infosys, with the aim of nurturing knowledge based and innovation driven ventures that either target the Indian market or leverage Indian resources to target the global market.

3) Nadathur S. Raghavan Centre for Entrepreneurial Learning:
The NSRCEL has been formed with this mission to bring ideas to implementation through a structured mentored programme which will help entrepreneurs see their idea taking shape into a planned Organisation which will render itself in a phased manner to be a successful business entity. The NSRCEL set up by the Indian Institute of Management, Bangalore, is a world-class Centre of Excellence for seeding, nurturing and promoting entrepreneurship.

4) Outsourcing dollars fund real estate in Bangalore

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Saturday, January 23, 2010

Blue Ridge Hinjewadi to launch "Boat Club" on 26 January 2010

You all are invited!

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Hello Global Citizen!! On the occasion of launch of Boat Club, on 26TH January 2010, at 10.30 am, Blue Ridge Hinjewadi is inviting you to watch "Professional demonstration of Races" and designer 1 BHK, 2 BHK, 3 BHK, 4 BHK, 5 BHK flats!

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Friday, December 18, 2009

Paranjape Schemes' Blue Ridge Public School, Hinjewadi, to open doors for admission on 19 December '09

Blue Ridge Public School to have an exceptionally high teacher-pupil ratio, to ensure pedagogic excellence as well as all round development of students at par with global standards

The unique feature of the Blue Ridge Public School’s curriculum is to focus on the social context which has been kept inseparably linked with the academic aspect.

Also, teaching is designed to address the differing needs of children with varying styles, speeds and potentials of learning, so that they emerge well-equipped to face the challenges of life.

The school lays great emphasis on soft skills and personality development. The sports complex, spread over 5.2 acres, encompasses a soccer field, three large courtyards and an indoor basket ball court.

The school also provides three libraries, well equipped labs for physics, chemistry, biology, math and computers, in addition to a multipurpose hall with a built in stage.

Mrs Swapna Joshi will head the pre-primary section while Mrs Smita Kshirsagar will be at the helm of the primary school.

The Blue Ridge Public School, run by the Blue Ridge Education Institute, set up by the Paranjape schemes in the field of education, will open its doors to the public on 19 December for admission to the academic year 2010-2011.

Admissions will initially be only for the pre-primary and primary sections. The pre-primary section will have two divisions each to begin with and four divisions each eventually. The six sections of at the pre-primary level will have six activity rooms, apart from the spacious classrooms.

“The ICSE curriculum at our Blue Ridge School is specially designed to cater to a child’s overall development in respect of academics, culture, language and social dynamics,” said the PSCL Managing Director, Mr. Shashank Paranjape, who is also the Chairman Blue Ridge Education Institute.

“A part of this endeavour is the high teacher-pupil ratio at the School, which is unprecedented in India. It is 1:12 for the pre-primary and 1:15 for the primary section against the national average of 1:42. As very few schools in India can boast of such a high ratio, the Blue Ridge School will set up a benchmark in this respect for other schools to emulate.” He adds.

Backed by an illustrious tradition of close association with such distinguished institutions of learning as Parle Tilak Vidyalala (Sathe College – Vile Parle), Ramabai Paranjape School (Andheri), Paranjape Vidya Mandir, Kothrud and Maharashtra Vidya Mandal, ( Pune), the Paranjape Schemes Construction Limited (PSCL) now offers at its Blue Ridge Township, the Blue Ridge Public School.

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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

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

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Saturday, October 24, 2009

InSignia_Pune to launch their 2nd group housing project of 2 & 3 BHK Flats and Row Houses for Hinjewadi IT professionals!

2 BHK Flats - Only 60!

3 BHK Flats - Only 40!

3 BHK Row Houses - Only 20!

4 BHK Row Houses - Only 10!

Hot Pune Real Estate Market News!

InSignia_Pune hasn't officially announced the launch of 2nd project because all details are not yet finalized.

But when i found out that members of InSignia_Pune Yahoo Group (724 Members) have already started registering, i thought, i should share this hot Pune real estate market news with you.

This is an opportunity for you, the readers of Ravi Karandeekar's Pune Real Estate Market News Blog who are not members of InSignia Group and didn't book in Vanshaj InSignia at Sus Baner only because the property of your choice was not available!

Considering the refundable registration amount and the number of properties on offer, i am sure, if you are serious about the booking, it would be better if you act fast! Have a look at these details from the email message of InSignia:

We can start registration for the flats and town houses with refundable payment of registration amount -

Rs. 10,000 for 2 BHK flat 60nos.,

Rs.15,000 for 3 BHK flat 40 nos.,

Rs.20,000 for 3 BHK Town house 20 nos and

Rs.25,000 for 4 BHK town houses 10 nos.

In case any member wants refund we may deduct max. Rs.1,000 towards expenses incurred.

We shall have the claim on units as per the ranking of registration and make allotment in that order.

At this point, it would not be fair to write about the property rates of the 2nd project or any other details. So, i request you to join InSignia_Pune Yahoo Group to know more about the upcoming 2nd project located near their first group housing project for Hinjewadi IT professionals.

InSignia Group home page:
http://groups.yahoo.com/group/insignia_pune

InSignia Group email address:
insignia_pune@yahoogroups.com

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 5 minutes!) Call +91 98600 44110

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.

To share your good and bad experience about investing in Pune real estate market, your complaint against the builder or an issue your society is facing, please, write to
ravi-karandeekars-group@googlegroups.com
with the necessary documents and proofs.
For more info, please, click here.

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

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Tuesday, October 6, 2009

Now, 96 IT Professionals can buy spacious 2 & 3 BHK Flats at an affordable property rates in an ITPWAP's township at Sus which has all amenities!

Aarohi at Sus to open booking of 2 BHK and 3 BHK flats!

"Aarohi at Sus?!"

"Aarohi is Tirth Developers' Eco-Friendly Township for IT Professionals Welfair Association Pune ( ITPWAP ) at Sus!"

2 BHK and 3 BHK Flats on 8th, 9th and 10th floors in the 1 st phase:

Prashant Gaikwad, Vice President, Marketing & Business Development of Tirth Developers, told me that because of the recent changes in Development Control rules, now all buildings in the 1st phase of Aarohi, an Eco-Friendly Township of IT Professionals Welfair Association Pune ( ITPWAP ) at Sus, will have 11 floors.

So, now, 2 BHK Flats of 1,122 sq.ft. saleable area and 3 BHK Flats of 1,500 sq.ft. saleable area are available on the 8th, 9th and 10th floors in the 1st phase of under construction group housing project of IT professionals working in Hinjewadi!

2nd phase of Aarohi at Sus: 2 new buildings of 2 BHK Flats!

Besides 2 BHK & 3 BHK Flats in the under construction 1st phase, Tirth Developers is going to launch the 2 nd phase of Aarohi! In this phase, there would be 11 story 2 buildings which will have 2 bhk flats of 1,040 or 1, 080 sq.ft. saleable area.

Including 1st and 2nd phase, 96 IT Professionals working in Hinjewadi can buy luxurious 2 BHK & 3 BHK Flats at an affordable property rates in ITPWAP's township Aarohi at Sus which has all upmarket amenities!

Contact for Property Rates and Bookings:

Prashant Gaikwad
Vice President
Marketing & Business Development
TIERTH DEVELOPERS
8, Sneh Centre, Opp. Lalit Mahal Hotel,
F.C.Road, Shivajinagar,
Pune 411005 (Maharashtra), INDIA

Mobile : +91 90499 87234
Office : +91 20 2025 1969
E Mail : tierthdevelopers@gmail.com

To know more about Aarohi at Sus:

Aarohi at Sus:
Tirth Developers' Eco-Friendly Township for IT Professionals Welfair Association Pune ( ITPWAP )

An attempt to collect information about the housing project started by Information Technology Professionals working in Hinjewadi, Pune!

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

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Sunday, September 27, 2009

PRA Realty launches The Lake District, 110 acre township of 1.5 BHK, 2 BHK, 2.5 BHK and 3 BHK flats, at Yeolewadi village, Kondhwa annex

First 100 plus acre township launched in the last 2 years of recession in Pune real estate market!

In the first week of October 2007, after the sub-prime crises in U.S., Deepak Parekh, Chairman of HDFC, announced that Indian economy and real estate in particular is badly hit and slowing down.

However, in the last week of the same month, on October 27, 2007, Paranjape Schemes, in which HFDC has a stake, launched Blue Ridge Hinjewadi, first integrated township of 100 plus acres in Pune real estate market which had foreign direct investment.

Though most of the experts were rejecting the real estate slow down as a "short term phenomenon", or "not as serious as 1996" , Kumar Properties and Avinash Bhosale Group launched their 100 plus acre integrated township with foreign direct investment Megapolis in the third phase of Hinjewadi without any fanfare in the last week of April 2008.

Sensing the impeding danger, on the first day of June 2008, Mr. Satish Magar not only opened the mega-shop Nanded City Pune without any merchandise but pre-sold the future stock too! However, since Nanded City Pune has Magapatta City and Amanora Park Town at Hadapsar type farmers ownership and business model, it is not in the league of Blue Ridge and Magapolis.

Point is, launch of PRA Reallty's The Lake District ( www.thelakedistrict.co.in ) , 100 acres plus township with foreign direct investment, nearly two years after the launch of Blue Ridge Hinjewadi, proves that every patient admitted in the Intensive Care Unit (ICU) doesn't die. The patient can survive and enjoy few happy moments in the process of recovery!

Click to Enlarge

Wednesday, September 21, 2011

The Last Lunch before the Launch?

Well Designed Sail Plan:

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Thursday, August 19, 2010

Big event in Blue Ridge Hinjewadi - 1 BHK Flat of 569 / 571 sq.ft. Saleable Area At the Property Rate of (approx) Rs. 3,500 per sq.ft. and For the (approx) Property Price of Rs. 25 - 26 Lakhs!

Freedom to enjoy life the way you like it!

A 1 BHK Slim Fit Home in Blue Ridge Hinjewadi Pune:

1 BHK Slim Fit Home in Blue Ridge Hinjewadi is for the couples!

Blue Ridge Newsletter on 1 BHK Slim Fit Home:

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Saturday, August 14, 2010

Paranjape Schemes (Construction) Ltd (www.pscl.in)

Shri Shashank P. Paranjape, Director, Paranjape Schemes (Construction) Ltd (www.pscl.in)

Mr. Prasanna Tamaskar, Sales Manager, Blue Ridge Hinjewadi (www.blueridge.in)

Visit to Paranjape Schemes' Blue Ridge Hinjewadi Pune 411 057 on August 11, 2010:

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Saturday, July 31, 2010

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Thursday, March 11, 2010

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Wednesday, January 27, 2010

Thanks to Infosys co-founder N S Raghavan:

Links:

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Saturday, January 23, 2010

You all are invited!

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Friday, December 18, 2009

Blue Ridge Public School to have an exceptionally high teacher-pupil ratio, to ensure pedagogic excellence as well as all round development of students at par with global standards

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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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Saturday, October 24, 2009

2 BHK Flats - Only 60!

3 BHK Flats - Only 40!

3 BHK Row Houses - Only 20!

4 BHK Row Houses - Only 10!

Hot Pune Real Estate Market News!

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Tuesday, October 6, 2009

Aarohi at Sus to open booking of 2 BHK and 3 BHK flats!

"Aarohi at Sus?!"

"Aarohi is Tirth Developers' Eco-Friendly Township for IT Professionals Welfair Association Pune ( ITPWAP ) at Sus!"

2 BHK and 3 BHK Flats on 8th, 9th and 10th floors in the 1 st phase:

2nd phase of Aarohi at Sus: 2 new buildings of 2 BHK Flats!

Contact for Property Rates and Bookings:

To know more about Aarohi at Sus:

Related Story:

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Sunday, September 27, 2009

First 100 plus acre township launched in the last 2 years of recession in Pune real estate market!

Related Stories:

Feel free to call me:

Subscribe for Free!

Big event in Blue Ridge Hinjewadi -
1 BHK Flat of 569 / 571 sq.ft. Saleable Area
At the Property Rate of (approx) Rs. 3,500 per sq.ft. and
For the (approx) Property Price of Rs. 25 - 26 Lakhs!