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Showing posts with label builders in Pune. Show all posts
Showing posts with label builders in Pune. Show all posts

Saturday, August 15, 2009

A few good words about Pune Builders and Pimpri Chinchwad

Why local developers of Pune enjoy enormous goodwill?


Deepika Mital tells us "why" in an article "Think Local" published in "Times Property". I completely agree with what Mr. Lalit Kumar Jain says about Pune Builders.

Yes, real estate is a local business, geographically and sentimentally, as Mr. Satish Magar claims and Pune builders are unique in their own ways.

In fact, when someone uses harsh words about the builder community in the comments, my instant response is, "The fellow must be new to Pune. Punekars don't talk about the builder like this!" What say you? Please, share your views in the comments. Comments Policy

Lalit Kumar Jain, Chairman, Kumar Builders:

"In general terms it would be fair to say that we in Pune are a very studious and passionate lot, dedicated to giving the best to our customer.

The drive to be better is seen in the extensive market research we do, whether individually or as a whole (PBAP), which again goes to help immensely in gaining a knowledge base.

Transparency in customer dealings is another given - for instance the built up area is defined and known, so the buyer knows what he is getting and is therefore happier.

The third reason is that margins in Pune are much lower than elsewhere, which we are used to, but for developers from outside this poses a problem!"

Satish Magar, Chairman and Managing Director of Magarpatta Township Development & Construction Company Limited:

"Real estate has always been a largely local business - people would prefer to buy from a local developer they have seen grow with them."

Prasad Deshpande, GM, Pharande Spaces:



"Pimpri Chinchwad New Pradhikaran Development Area is now set to be the next Gurgaon of India.

Modelled after Chandigarh, it has regulated infrastructure and every aspect like water and electricity has been looked after.

Pune and PCMC are two different cities altogether; the former is driven by the IT sector and to some extent due to being an educational hub, which incidentally has gotten diluted now as educational institutes are now spread far and wide.

PCMC has evolved, or been planned with the idea of being a totally regulated city with the industry - automobiles in particular - as the driver.

An international convention center and community center covering 150 acres is on the cards.... Since 10,000 hectares are dedicated to industrial development - it translates into one-lakh acres of residential requirement.

Today Pune hardly has any large areas yet to be developed - three years ago it was a different story."

Related Stories:

July 2009 - most popular posts on Ravi Karandeekar's Pune Real Estate Market News Blog

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Monday, July 27, 2009

DNA Pune Speak Up -
Would you like to react to the "water affidavits" issue in Pune?
Write to punespeakup@dnaindia.net

Pune's Watergate

PMC, builders must come clean

The common man in the fringe areas of Pune has suffered at the hands of the Pune Municipal corporation (PMC), which indiscriminately gave building permissions without making a provision for water supply. The PMC's "water affidavits" were dishonored by many builders who did not provide a copy of these affidavits to flat buyers. Here are some "Speak Ups":

1) It's imperative that builders show the affidavits to buyers -
Col (retd) SG Dalvi:

List of real estate projects: Both the stakeholders, the PMC and Credai (Pune) should come together to make a list of societies that have made these affidavits. The list should be kept in the public domain, like on the PMC website. If this is done, people will at list know which societies come under this list.

Builders - Advertise and Show: Credai (Pune) should enforce members to give advertisements saying they have made water affidavits. It's imperative that builders show the affidavits to the buyers before selling flats to them.

Water Bill?:If PMC rules make it mandatory for the builders to provide water to residents, they should also mention who has to foot the water bills.

Water Tax?:If the society comes under the "water affidavit" list, the property buyers should not be liable to pay water tax.

2) The issue is not affecting us as we take care of this aspect -
Rohit Gera, Executive Director of Gera Developments Pvt. Ltd. and Vice President (Market Study & P.R) Credai (Pune):

We sign many affidavits before we get the completion report for our projects.
Every builder has to sign them.

As far as I and my company are concerned, we are not facing any problems because of the water affidavit issue since we are taking care of this aspect as far as our customers are concerned.

3) It is PMC's duty to provide water in residential areas -
SR Kulkarni, President, Pune Marathi Builders Association:

The PMC has adopted a wrong policy of taking affidavits from the developers to arrange for water supply. In reality, it is not possible. If the PMC is charging the tax to citizens and taking these charges from developers, it is the civic body's duty to provide water.

Developers need permission, so instead of fighting with the PMC, they just file these affidavits.

Related Stories:

1) Drinking Water - Pune Municipal Corporation, Builders, tanker mafia and you - news links

2) Correct 'water affidavit' mistake - news link to DNA on Water, PMC, Builder and You

3) City waiting for PMC's call on 'water affidavits'

4) Nyati Enclave residents nail PMC's lie on 'water affidavits' - Ritu Goyal Harish

5) Citizens can move high court against Pune Municipal Corporation's "water affidavits" policy

6) Bhusari Colony on Paud Road, Kothrud, was freed of tanker lobby - "Water Affidavit" on DNA

7) Withdraw artificial water cut, says civic activist

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Wednesday, July 15, 2009

Builders in Pune, make left-handers friendly flats

Mr. Satish Magar, president of Credai Pune are you listening? Since you believe in "inclusive" growth, you should make a few flats in Nanded City Pune for the left-handers.

Well, we are talking about the left-handers, the silent minority.
Will this silent minority continue to be suppressed by all those who are associated with the world of realty sector?

Bipinchandra Chougule of Pune based organisation for southpaws Associations of left-handers says that they have not came across any builder who make even little changes so that left-handers live peacefully.

What can be done in this regards?
To read more, please, visit - When builders make flats for the likes of Big B - MyNews.in

Related links:

1) A League for Lefties

2) Association of left-handers

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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