Megapolis Hinjewadi - To Buy or Not to Buy?

Visit to Megapolis Hinjewadi Phase 3:

When i decided to visit Kumar Properties and Avinash Bhosale Group's Megapolis (www.megapolis.co.in) in Hinjewadi Phase 3, I was not expecting that i would have to face some kind of "internal conflict"!

For me, Megapolis was the project to test that i can manage to travel by public transport, can walk a Kilometer or two and, if necessary can climb the staircase.

In the Sunway - Smart Homes 2, everyone knew that, for a while, only a few Non Garden Facing 2.5 BHK Flats on the first or top floors were available for booking at the property rate of Rs. 3,400 per sq.ft.

Same with the Sexy Sangria Towers! We all knew that a few 2 BHK Flats, 2.5 BHK Flats & 3 BHK Flats were available - mostly on higher floors - means above 16th floor - whose possession is after 2 years - in 2013 - 14!

True, some of you were somewhat angry because Megapolis hasn't launched Smart Homes 3 and were pressing me to find out "what's the problem?" But, i myself was not at all eager about a new launch - instead of that - i was concerned about the progress of construction of Sangria - Smart Homes 2 and possession of Sparklet - Smart Homes 1 and Sangria Towers.

When i found out that Mr. Hemant Kulkarni and all senior executives were not at site, i accepted that i was not going to get any info to share with you. As i have planned, my trip to Megapolis would be nothing more than my fitness test. And, that was OK for me.

Though, it was a working day, there were a few new "inquiries" at the site office of Megapolis, as well as a few property buyers who were visiting to complete the formalities. For a while, i had a small talk with the satisfied and successful salespersons and went on observing their interactions with the new "inquiries" - home buyers who were interested in Sangria Towers in Megaplois.

"95 Years Lease" "Distance from Hinjewadi Flyover" & "Basic Amenities - Services" were always concerns about Megapolis for many. But, generally, never the property and prices at Megapolis!

Yesterday, for the first time, i observed that the home buyer was in a dilemma because of the property and price of Sangria!

If the builder keeps on pushing irrational property prices, for sure, not only the new "inquiries", but the real estate investors who had booked with an idea to sell at higher rates and en-cash appreciation may face the problem, i felt.

What should i do? At these property prices and with these possession dates, should i recommend to buy or not to buy in Megapolis Hinjewadi Phase 3?

Oh! My God!! I am facing "internal conflict" about Megapolis! One of my favorite projects in Pune real estate market!!

Have a look at these 2 BHK, 2.5 BHK & 3 BHK Flats in Sunway - Megapolis Smart Homes 2, Sangria Towers in Megapolis and, please, suggest what should i do...

1) Sunway - Megapolis Smart Homes 2 -
Non Garden Facing 2.5 BHK Flat on the First or 14th Floor -
964 sq.ft. Carpet Area - 1,205 sq.ft. Saleable Area - All Inclusive Property Prices:

1) 457 Days Ago:
Rs. 33,50,227 for the 1st Floor and
Rs. 38,96,293 for the 14th Floor

2) 280 Days Ago:
Rs. 39,86,766 for the 1st Floor and
Rs. 42,59,899 for the 14th Floor

3) 185 Days Ago:
Rs. 42,41,282 for the 1st Floor and
Rs. 44,95,697 for the 14th Floor

4) Today:
Rs. 46,22,905 for the 1st or 14th Floor

Sunway - Megapolis Smart Homes 2 - 2.5 BHK Flat - 964 sq.ft. Carpet - 1205 sq.ft. Saleable - for Rs. 46,22,905 All Inclusive Property Price

2) Sangria Towers Megapolis Hinjewadi Phase 3 -
Hill View 2 BHK Flat on 17th to 19th Floor -
894 sq.ft. Carpet Area - 1,118 sq.ft. Saleable Area -
All Inclusive Property Prices:

1) 400 Days Ago:
Rs. 44.32 to 44.95 Lakhs

2) 185 Days Ago:
Rs. 48.78 to 49.37 Lakhs

3) Today:
Rs. 52.32 to 52.91 Lakhs

Sangria Towers Megapolis 2 BHK Flat 894 sq.ft. Carpet - 1,118 sq.ft. Saleable - F Towers (Type 2)

3) Sangria Towers Megapolis Hinjewadi Phase 3 -
Hill View 2 BHK Flat on 17th to 19th Floor -
899 sq.ft. Carpet Area - 1,124 sq.ft. Saleable Area -
All Inclusive Property Prices:

1) 400 Days Ago:
Rs. 44.53 to 45.17 Lakhs

2) 185 Days Ago:
Rs. 49.02 to 49.61 Lakhs

3) Today:
Rs. 52.58 to 53.17 Lakhs

Sangria Towers Megapolis - 2 BHK Flat 899 sq.ft. Carpet - 1,124 sq.ft. Saleable - H Tower (Type 3) - G Tower (Type 4)

4) Sangria Towers Megapolis Hinjewadi Phase 3 -
Hill View 2.5 BHK Flat on 17th to 21st Floor in G & H Towers -
1,044 sq.ft. Carpet Area - 1,305 sq.ft. Saleable Area -
All Inclusive Property Prices:

1) 400 Days Ago:
Rs. 51.18 to 52.66 Lakhs

2) 185 Days Ago:
Rs. 56.38 to 57.76 Lakhs

3) Today:
Rs. 61.21 to 62.59 Lakhs

2.5 BHK Flat - 1,044 sq.ft. Carpet - 1,305 sq.ft. Saleable
in H, I Towers (Type 3) in Sangria Towers Megapolis Hinjewadi Phase 3

5) Sangria Towers Megapolis Hinjewadi Phase 3 -
Hill View 3 BHK Flat on 17th to 21st Floor in G Tower -
1,206 sq.ft. Carpet Area - 1,485 sq.ft. Saleable Area -
All Inclusive Property Prices:

1) 400 Days Ago:
Rs. 58.57 to 60.25 Lakhs

2) 185 Days Ago:
Rs. 64.50 to 65.67 Lakhs

3) Today:
Rs. 69.20 to 70.77 Lakhs

3 BHK Flat - 1,206 sq.ft. Carpet - 1,495 sq.ft. Saleable in G Towers (Type 4) in Sangria Towers Megapolis Hinjewadi Phase 3

6) For Bookings Contact - Megapolis, Hinjewadi - Rajiv Gandhi Infotech Park, Phase 3, Pune 411 057:

Team Megapolis:Sitting - Mr Chetan, Mr Hemant Kulkarni (GM), Mr Deepak Standing - Mr Suryakant, Mr Nishikant, Mr Pramod Fand, Mr Amit, Ms Kiran, Mr Hande, Ms Meenakshi, Mr Ginder, Ms Supreet, Mr Ved, Mr Rakesh, Mr Shailesh, Mr Datta

Megapolis Office: 020 3234 8180 / 8181 or

Pramod Fund 91 90110 09230

Deepak Choudhari 91 90110 09234

Chetan Shirude 91 90110 09228

Ginder Thakur 91 90110 09232

write:

smarthomes@megapolis.co.in

sales@megapolis.co.in

Related Stories:

1) MONDAY, MAY 2, 2011

Property Prices of Sunway - Megapolis Smart Homes 2:
2 BHK & 2.5 BHK Flats at Hinjewadi Phase 3, Pune 411 057

2) TUESDAY, MAY 31, 2011

Sexy Sangria Towers, Megapolis, Hinjewadi Phase 3, Pune

3) WEDNESDAY, JUNE 1, 2011

Sexy Sangria Towers, Megapolis, Hinjewadi Phase 3, Pune - Photo Visit

4) THURSDAY, NOVEMBER 3, 2011

Ravi Karandeekar's Most Popular Pune Real Estate Market News Blogs in October 2011

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

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

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Megapolis Smart Homes 2 - "What's up?"

"Booking!.....250"

Megapolis Smart Homes 2, Hinjewadi Phase 3 - Hemant Kulkarni, General Manager, in the sample flat

I haven't posted updates about Megapolis Smart Homes 2 for a while. In fact, on 15th of August, i visited Megapolis, visited site & sample flat, had a chat with Mr. Hemant Kulkarni, General Manager of Megapolis (www.megapolis.co.in) and, of course, took some photos too. However, i got busy with some other projects and couldn't post any updates about Megapolis Smart Homes 2.

But, i was in touch, frequently asking "What's up Megapolis?" "Booking!," was always the standard answer. But not the complete answer. "Booking!....100" "Booking!...150" were the complete answers. Today, when i received an answer, "Booking!.....250", I realized that, before it is too late, i should post a quick update.

Open the gates and seize the day:

Megapolis Smart Homes 2 - Amenities

Yesterday, a lady from Mumbai asked my opinion about investing in Megapolis Smart Homes 2. She said, "I was serious about some other project, but i changed my mind"

When i asked her 'why?', she said, "My children want a swimming pool! And the layout posted on your blog shows that Megapolis Smart Homes 2 has 2 swimming pools. Are they really going to provide 2?," the lady asked.

"Yes! 2 swimming pools," I said. "Good! I will not waste my time elsewhere. Thanks, i will visit Megapolis this weekend," she said.

My dear lady, you are not the only one, even i wasted my time by checking up every newly launched project.

Recently, builders in Pune have realized that property buyers are out on the road for shopping, so every builder says, "Open the gate and seize the buyer!"

Though his first phase was behind the schedule, one builder invited some model to launch a second phase. Someone suddenly realized that he is not a builder but a designer and launched a lifestyle brand. One builder who took one year to construct the sample flat, opened the booking of the next phase. A builder who was badly bitten on the stock market wants you to pay 20 % now and 80% on possession.

I thought, i must post updates today because, even if 5% of property buyers had wasted less time in considering other projects, i am sure, i would have heard, "Booking!....500"

Special Offers from Housing Finance Companies:

Megapolis Smart Homes 2, Hinjewadi Phase 3 - property buyer checking the special offers

Someone told me that he could manage to pay his own contribution and book a flat in Megapolis Smart Homes 2 because a leading private bank offered him more than 85% home loan!

When i called to confirm, i was told that - yes, depending upon your "papers", private banks are offering attractive special offers and waving fees to get maximum business from Megapolis Smart Homes 2! It's good news for the first home buyers in Pune, i must post a update today.

It's a trap!

Megapolis Smart Homes 2, Hinjewadi Phase 3 - property buyers at the reception 

Recently, quite frequently callers tell me that, "It's a trap!".

I booked at Wakad, but haven't signed the agreement yet. Builder doesn't have some clearance. It's a trap!

Six months ago, I booked at Rs. 2,600 in Pimple Saudagar. Now the rate is 3500. But the construction of my building is stalled because plans are submitted for revision. And will be sanctioned only after the BRTA Corridor issue is solved. It's a trap!

Big group. Good location in Thergaon. Fits in my budget. But revised plans are not yet sanctioned because of the new rule of 2 staircases. It's a trap!

I liked the project and wanted to book but found out that some people are planning to go to court and stall the project. It's a trap!

Thank god! Megapolis is not in PMC or PCMC!! I must post the update today. Otherwise, how can anyone from Mumbai can understand that 'this weekend' would be better than 'the next weekend' to visit Megapolis Hinjewadi Phase 3.

Be There or Be Square:

In this blog, i must share a few useful tips, i thought. After all, i blog to help you book a flat. Right? What would be the most useful tip? I asked myself.

Oh! Yes!! Weekends are the most busiest days at Megapolis Hinjewadi Phase 3. IT professional working in Hinjewadi come with their families. Real estate investors come down from Mumbai. Defense personnel looking for a cool place to stay after retirement come from all corners of India.

This weekend, i heard, new buildings will be opened for booking. So, be there or be square. Oh! That was not the tip! Tip is: Main entrance gate closes at sharp 6 PM and booking office at 6.30 PM. So, reach Megapolis before 5PM!

If you are in Pune, visiting on a weekday is the smartest idea!

Megapolis Smart Homes 2, Hinjewadi Phase 3 - Reach before 5PM!

How to catch a chicken:

Park your car. Enter the site office. Reach the reception counter. Sit on the couch, waiting for your turn. This may be the proper way, but not the only way. Not, at least, for the subscribers of Ravi Karandeekar's Pune Real Estate Market News Blog.

To get the preferential treatment in the normal crowd of a few hundred visitors on any weekend, please, have a look at the photograph of "Team Megapolis". Remember every face with it's name. As soon as you enter the site office, identify the person and start, "Hello! Deepak!!", "Hello! Suryakant!!" "Hello! Kiran!!" and see the wonders!

Team Megapolis: Sitting - Chetan,  Hemant Kulkarni (GM),  Deepak  Standing -  Suryakant,  Nishikant,  Pramod Fand,  Amit, Ms Kiran,  Hande,  Meenakshi,  Ginder,  Supreet,  Ved,  Rakesh,  Shailesh,  Datta

Simple Relaxation Techniques:

What i admire most about Megapolis Smart Homes 2 is - it's simplicity and transparency.

Because of the simplicity in planning and transparency in transactions, booking a flat in Megapolis Smart Homes 2 is "no stress" mission. Of course, for that you have to do a little homework.

To know about the offer, please, visit my blog: "Sunway - Megapolis Smart Homes 2 - Hinjewadi - Rajiv Gandhi Infotech Park Phase 3, Pune 411 057 - Brochure and Property Prices of 2 BHK & 2.5 BHK Flats". Click the images, floor plans to enlarge and study. Refer the property price chart to see the cost of your choice of a flat.

At the end of this blog in "Related Stories", I have given links to all my blogs on Megapolis Smart Homes. Visit these blogs and comments. I am sure, you will not have more than 2 questions. Write down your questions and ask when you visit. If you do this home work, when you will visit Megapolis Hinjewadi Phase 3, for sure, you will be ready and relax!

Megapolis Smart Homes 2, Hinjewadi Phase 3 - relaxed and ready property buyers

How to book a 2 BHK Flat in Megapolis Smart Homes 2 at Hinjewadi Phase 3:

You have done your home work. You want to book a 2 BHK Flat. Your first preference is for the 6th floor. But you don't know which buildings are open for booking. So, after "Hello! Chetan!!" you will tell him your choice, "2 BHK on 6th Floor" and ask, "Which are the buildings open for booking?"

At this point of time, A4, A5, A6, A7, A8, A9 buildings are open. Chetan will refer to the most important "book" in Megapolis, Availability Chart, and confirm. If your choice of a flat is not available, both of you will discuss different options and finalize.

If you prefer to wait for the new buildings, you can tell Chetan your choice and give a check of booking amount. For example, nearly 75 people have already given their preferences and cheques for A10, A11 & A12 buildings, which might be opened on this weekend!

Isn't it simple to book a 2 BHK Flat in Megapolis Smart Homes 2?

Congrats! I am happy for you!!

Megapolis Smart Homes 2, Hinjewadi Phase 3 - checking the availability!

Related Stories:

1) FRIDAY, AUGUST 20, 2010

Sunway - Megapolis Smart Homes 2 - Hinjewadi - Rajiv Gandhi Infotech Park Phase 3, Pune 411 057 - Brochure and Property Prices of 2 BHK & 2.5 BHK Flats

Re-Publishing with new images of Elevation and Amenities and bigger readable floor plans! Please, click the image to enlarge. Thanks, Anuraag!

2) MONDAY, AUGUST 2, 2010

Big news about the soft launch of Megapolis Smart Homes 2 at Hinjewadi Phase 3, Pune

3) MONDAY, JUNE 7, 2010

Megapolis Smart Homes 2 - upcoming bigger and better 2 BHK Flats for Rs. 32 lakhs in Hinjewadi Phase 3


View Megapolis Smart Homes Hinjewadi Phase 3 in a larger map

4) SATURDAY, JUNE 5, 2010

Yes, Megapolis Smart Homes Hinjewadi Phase 3 will have 15 floors, means 160 additional 2 BHK Flats!

5) THURSDAY, MAY 6, 2010

Megapolis Smart Homes Hinjewadi Phase 3 Pune - construction begins!
Smart "Homes" or Smart "Home Owners"?

6) 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!
Should I or shouldn't I recommend Megapolis Smart Homes?

7) WEDNESDAY, JANUARY 6, 2010

Megapolis Smart Homes Carnival, Hinjewadi Phase 3

8) SUNDAY, JANUARY 3, 2010

Megapolis Hinjewadi Phase 3 news - Visit puneprophinjewadi's Picasa Web Album
Construction progress, sample flat and bus terminus at Megapolis:

9) FRIDAY, JANUARY 22, 2010

Megapolis Smart Homes invite you to perform Bhumi Pujan ceremony!
11AM on 30TH January 2010 at Hinjewadi Phase 3:

10) SUNDAY, FEBRUARY 7, 2010

Megapolis Smart Homes News - flat owners perform Bhoomi Puja
It's all about integrity and integration:

11) SUNDAY, AUGUST 1, 2010

July 2010 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

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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http://www.google.com/profiles/ravi.karandeekar

Subscribe for Free!

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Big news about the soft launch of Megapolis Smart Homes 2 at Hinjewadi Phase 3, Pune

Is Megapolis Smart Homes 2 named "Sunway"?

Have you heard that, like Megapolis Smart Homes was officially named "Sparklet", this new phase of Pegasus Properties' Megapolis (www.megapolis.co.in) - 150 acre integrated township in the Phase 3 of Hinjewadi IT Park (officially called as the Rajeev Gandhi IT Park Pune) - Kumar Properties and Avinash Bhosale Group's joint venture - is named as "Sunway"?

However, I will prefer to call it Megapolis Smart Homes 2!! For me, it means that 'Bigger and Better Flats' than the Megapolis Smart Homes and still affordable! Of course, only for those who are not living in the past or for those who are not born to live in Baner, Balewadi, Wakad, Pimple Saudagar!

Big News - Property Rates of Megapolis Smart Homes 2:

We all were expecting this launch, so "Bookings Open!" is not a big news for us. We were aware that this phase will have 2 BHK & 2.5 BHK Flats. Saleable area of a 2 BHK Flat would be bigger - 1,000 sq.ft. and 2.5 BHK Flat - around 1,200 sq.ft. Total number of flats, would be approx. 1,100, in 20 -21 towers of 14 floors. With all expected amenities like Club House, Community Hall, Swimming Pool, Gym, and party lawns - land scape gardens. Right?

But who was expecting that the basic property rate of Megapolis Smart Homes 2 would be Rs. 2,400 per sq.ft.? Same as Megapolis Smart Homes 1? Particularly, when in the last 6 months, the property rates in Pune real estate market have gone up! Isn't this "Big News"? If you find this property rate unbelievable, call Megapolis 020 3234 8180 / 8181 or
Deepak Choudhari 91 90110 09234
Pramod Fund 91 90110 09230
Chetan Shirude 91 90110 09228
Ginder Thakur 91 90110 09232 and if you want to write:
smarthomes@megapolis.co.in
sales@megapolis.co.in

Related Story:

SUNDAY, AUGUST 1, 2010

July 2010 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

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.

Join me on Google Buzz at
http://www.google.com/profiles/ravi.karandeekar

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group