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Wednesday, 25 June 2014

Booking opened for phase 3 and phase 4 at Aldea Espanola Baner

                   Aldea Espanola is a 17 acres project located next to VITS hotel, near to Balewadi stadium, Baner Pune.
Project is located on Mumbai Pune express highway. Distance between highway and project is even less than 100 meters.

According to developer Project is inspired by the mijas village of Spain.

                   Project is developed by Puraniks developer which has developed more than 35 projects across Maharashtra. This project is divided among four phases. Currently booking is opened for Phase 3 and Phase 4.
Approximate Property price of Aldea Espanola




Entrance gate of Aldea Espanola







Under construction building of Aldea Espanola






Aldea Espanola Project





VITS hotel Pune






constructed phase of Aldea Espanola





Aldea Espanola Phase 4







Sales office of Aldea Espanola Project 









Club house of Aldea Espanola







Phase 3 Price sheet
1 BHK carpet area 449 sq.ft. :  + Basic cost 39.51 Lac. +Infra charges 4 Lac. +  Advance Maintenance  53 K  + Service Tax 1.26 Lac. + VAT 41 K + Stampy duty 2.05 Lac. + Registration charges 30 K

2 BHK carpet area 729 sq.ft. :  + Basic cost 66.70 Lac. +Infra charges 4.5 Lac. +  Advance Maintenance  53 K  + Service Tax 2.10 Lac. + VAT 41 K + Stampy duty 3.41 Lac. + Registration charges 30 K

3 BHK carpet area 1018 sq.ft. :  + Basic cost 89.58 Lac. +Infra charges 4.50 Lac. +  Advance Maintenance  53 K  + Service Tax 1.81 Lac. + VAT 92 K + Stampy duty 4.5 Lac. + Registration charges 30 K

Cost Sheet for Phase 4
1 BHK carpet area 450 sq.ft. :  + Basic cost 39.60 Lac. +Infra charges 4.14 Lac. +  Advance Maintenance  53 K  + Service Tax 1.26 Lac. + VAT 41 K + Stampy duty 2 Lac. + Registration charges 30 K

2 BHK carpet area 776 sq.ft. :  + Basic cost 39.51 Lac. +Infra charges 40.02 Lac. +  Advance Maintenance  53 K  + Service Tax 2.10 Lac. + VAT 68 K + Stampy duty 3.4 Lac. + Registration charges 30 K


Carpet Rate -   8800 sq. ft.
Base Price above 2nd floor would be 9000 Rs. Sq. ft.
Floor Rise of Rs. 35/per sq. ft. above 2nd floor.
For Garden facing flat 210 per  sq. ft. would be extra charge.
Legal charges -  6000 Rs.








House buyers ! Do not expect much from new Indian government's upcoming budget.


                House buyers, Do not expect much from government budget.  After 10 years NDA government has come in the power after ruling of UPA government of 10 years.
 House buyers are hoping some positive steps  from  one month old NDA government in support of  house buyers.
 
                 First union budget of Narendra Modi’s government will be presented by honorable finance minister Mr. Arun Jaitley of financial year 2014-15 on 10th July 2014. People have lot of hope from the budget announcement.

                All common people have lot of hope from the upcoming union budget by Indian government.
Every common man dreams to own a house. House buyer will always expect that government should take some positive steps on tax exemption limit on housing loan and also other taxes which has to be paid by house buyers.

                While buying a house a house buyer has to pay many government taxes. If we include all government taxes it comes around 8 to 10% of property price. 8 to 10% amount is a huge amount which is paid by a house buyer while buying house. High property rates and these government tax already made it difficult to own a house for a common man.

               The main agenda of NDA government is to reviving Indian economy. It  shows by some steps taken by the  less than one month old government. For revival of Indian economy government has to take some harsh decision against the common man. One month old government has already increased rail fare by 14.5%.  Government is also planning to increase cooking gas prices and fuel prices. 

              These all decisions will be helpful for revival of Indian economy. It seems that government is more keen on revival of economy rather than issues of common man. 

       But I am not expecting anything positive for house buyers from the upcoming union government budget.



Thursday, 12 June 2014

Learning for house buyers from Campa Cola illegal construction Issue


Campa cola compound is almost 30 years old residential society located at Warli Mumbai. Supreme court has given the judgement to demolish illegal 102 flats. All the flat owners has to vacate the home within 24 hours. It is really scary thing. Indian media is highlighting this issue from since last some days. BMC has already given the notice to vacate the flats.

Who is responsible for this issue ?

 Flat owners or builder or goverment authority ?

It can be a debate issue but ultimately the flat owner is loosing his home.

 It is really painful to loose your life time hard earn money or your home.
So I want to make aware all house buyers to check out all documents related to the construction.
Make sure that your developer have taken all the necessary permission for construction.
How many floors are allowed to construct.
Make sure that developer has got the occupation certificate and completion certificate.
Ask the developer to show the land paper.

These all things looks small but are very important.

Feel free to ask me about real estate market or any project in Pune.
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