Nikhil Rane succumbs to bullet injury

Nikhil Rane (42), builder of Vanshaj InSignia at Baner - Sus, group housing project of IT professionals working in Hinjewadi, who was shot at by unidentified assailants in broad daylight at his office on Jungli Maharaj Road on November 23, passed away at 10.45 am on Monday at the Sancheti Hospital due to spinal shock complications.

Sancheti Hospital chairman Dr Parag Sancheti said Rane was proclaimed dead after his pulse went down due to the shock he sustained in his spinal cord as a bullet fired by the assailants got lodged in his neck.

To read more, please, visit DNA E-Paper

Builder who was shot at dies (TOI)

InSignia_Pune News - How come some 2 BHK Flats in the 2nd Group Hosing Project at Sus are still available for booking?

Is it because some of us find it difficult to believe in ourselves?

When i saw the latest list of members of 2nd Group Housing Project of InSignia_Pune, housing group of IT professionals working in Hinjewadi Pune, i was shocked.

In the 2nd Group Housing Project of InSignia_Pune, all 4 BHK Row Houses ( Town Houses) are booked, means applied for. Only couple of 3 BHK Row Houses are available which may go at any point of time. For 3 BHK Flats, response is satisfactory. But how come all 2 BHK Flats are not booked by this time? Considering the current trends in Pune real estate market, i thought, not a single 2 BHK Flat should have been available for booking by now!

"This is not right. I am over expecting, I should be more realistic. I should see the positive s and be less critical," I told myself. Yes, actually, the response for the second project is much better than the first project. In just 1 month more than 50% project is already booked!

I should remember that the property rates of InSignia_Pune Group's 2nd housing project, budget of a 2 BHK Flat and floor plans are not yet finalized. Considering the tight budgets of the first time home buyers, it sounds reasonable if they decide to book only after these details are finalized, i convinced myself.

Then came Pune Expo 09 and The Times Property Show. Away from the site office, in comparatively relaxed mood, i could chat with many real estate salespersons. Like typical salespersons working in any field, we started gossiping about our past and present bosses, means Pune builders, and then went on bitching about our customers, over smart property buyers from Hinjewadi.

However, the conversation became serious when someone opened the topic of pay scale, incentives and commission in Pune real estate market. Certainly, prospects are very dull. New projects are not coming. Availability of flats is less. Property prices have increased more than in the days of real estate boom in Pune. Low budget projects have failed to speed up.

Most important, first time home buyers market which creates job opportunities for the real estate salespersons is shrinking. Today, if you want to buy a 2 BHK flat in Aundh annex, or in any popular location in Pune real estate market, your budget must be above 35 lakhs. When we crosschecked the list of upcoming projects, all were above 50 lakhs which made my friends more nervous.

This conversation motivated me to post the blog on the property rates and budgets of 2 BHK Flats in Pune real estate market. While compiling the data, i was wondering about the availability of 2 BHK Flats in InSignia_Pune Group's 2nd project.

Not only 850 members of InSignia_Pune Group but every IT professional in Hinjewadi, i am sure, knows that, today, only in this project you can get a 2 BHK Flat in less than 30 lakhs. Then, i was wondering, why aren't all 2 BHK Flats booked?

Is it because it's easy to believe someone else, even a small time builder or his fly by night broker, than yourself? What do you think? Why some IT professionals are taking so much time to book their 2 BHK Flat in InSignia_Pune Group's 2nd housing project at Sus? Please, share your views in the comment. Comments Policy

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Monday, November 16, 2009
Nandan Inspera, 2 BHK Flats at Wakad Pune - an interesting pre-launch offer for the first 50 bookings!

Monday, November 9, 2009
October 2009 - Top 10 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 5 minutes!) Call +91 98600 44110

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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

Related Stories:

1) InSignia_Pune News - Allotments completed for the group housing project

2) InSignia_Pune News - Hooray! Only ONE 2 bhk flat, for Rs. 24.50 lakhs, to go!

3) InSignia_Pune News - Hooray! Only SIX 2 bhk flats, for Rs. 24.50 lakhs, to go!

InSignia_Pune, behind Rohan Leher Baner,
- housing project by IT professionals working in Hinjewadi gets huge response!:

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

5) Is it an invitation for a collaboration or a proclamation of war or the last warning to Pune real estate developers?

Housing group of 100 IT professionals in Infosys is looking for a reputed developer!:

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.

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InSignia_Pune News - Allotments completed for the group housing project

Vanshaj InSignia at Baner-Sus:

Nitin Degaonkar, leader of Hinjewadi IT professionals' group housing project Vanshaj InSignia at Baner-Sus, has announced the completion of the allotments. In an email send to the InSignia_Pune Group, Nitin says:

Dear Members,

I am pleased to inform that we have completed allotment of all 68 units in Insignia Project as per list posted today.

Thanking the core group members, Nitin appeals to all members to actively participate in the development of the next project. He says:

As there are many members wanting to have houses in the group housing project we can certainly have another project. However going by the learning so far it is quite a task to do and if we want to have another project, we need some members to work actively on this.

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2 bhk flat for Rs. 24.50 lakhs in Vanshaj InSignia at Baner-Sus - Are you the lucky Hinjewadi IT professional?

Guess who is the lucky one?

Hinjewadi IT professional who books 2 bhk flat for Rs. 24.50 lakhs, 1 of the last 7, in Vanshaj InSignia Housing Project or the one who books in some "builder's project" in Pune real estate market?

2bhk flat in Vanshaj InSignia at Baner - Sus:

E Building in Vanshaj InSignia at Baner - Sus:

A Building in Vanshaj InSignia at Baner - Sus:

Layout of Vanshaj InSignia at Baner - Sus:

Location Plan of Vanshaj InSignia at Baner - Sus:

Related Stories:

1) Niharika: Dew Drops - 1 bhk, 2 bhk flats and Row Houses at Sus - "upcoming" group housing project!

2) Neighbors of InSignia_Pune:
update 3
Bhandari Associates' Nea pure homes, Sus:

3) Neighbors of InSignia_Pune:
Update 2:
Rohan Builder's Rohan Leher, Baner, Pune:

4) Neighbors of InSignia_Pune:
Update 1:
Multicon Developers' Pinewood, Baner, Pune

5) InSignia_Pune News - Hooray! Only ONE 2 bhk flat, for Rs. 24.50 lakhs, to go!

6) InSignia_Pune News - Hooray! Only SIX 2 bhk flats, for Rs. 24.50 lakhs, to go!

7) Possession Insurance or Life Insurance?

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

9) Is it an invitation for a collaboration or a proclamation of war or the last warning to Pune real estate developers?

10) Ravi Karandeekar's Pune Real Estate Market News Blog - most popular blogs - August 2009

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.

Check my Google Profile: 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