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Monday, 21 December 2015

Credai Pune Property Exhibition 2016


Credai Pune Housing Festival 2016



Credai Property Exhibition Pune 2016


Venue:
 SSPMS Ground, RTO Road, Pune

Date: 15th to 17th Jan. 2016.

For stall booking click on below registration form.

Registration Form


For brochure click on below link.

E - Brochure

Contact Details:
Tel. No. 020-26052654
Email: CREDAIpmr@gmail.com,
Web: www.credaipune.org

For more information about exhibition visit Credai Pune


Also read  - 'Why Property buyer should avoid under construction projects ?'




Monday, 2 November 2015

Why property buyers should avoid under construction projects.



If you are planning buy a house in under construction projects than avoid all under construction projects. There are many things which can create trouble for you if you book or buy a house in under construction projects.

What are the reasons for which house buyers prefer to buy a house in under construction projects? 

Must be the price.

 But if I tell you the ready possession flat will be cheaper than under construction projects.

Will you still prefer under construction projects?

I think you will not.

In a under construction project a buyer has to pay service tax and VAT both includes approx 4%. Instead of buying a house in under construction projects if you buy a ready possession flat you do not have to pay service tax and VAT. So your cost of buying will come down by 4%.

For developing a residential project developer has to take many approvals and clearances from government authority. Many times developer does not get all approvals. In such cases projects get stuck in between or the possession will get delayed.

So ultimately who suffers? 

Only property buyer no one else.

Once you book your house through any developers and later on if you find any difficulties  with the project and you decide to exit from it still you have to pay or you have to suffer. For cancellation developer charge heavily and which ultimate creates burden for you.

 Cancellation fee can be vary between one lakh to five lakh or some time they deduct the whole booking amount or advance money as a penalty. Some time they do write about the deduction in booking form and some time it’s hidden from you.

Mr. Vishwas Bhujale booked a flat almost two years ago on eleventh floor Sunway building Megapolis project Hinjewadi Pune. At the time of booking developer commit that there will not be any construction or building facing to their flat or they can enjoy openv garden view from the living room balcony. Mr. Vishwas Bhujale came to the same place after two years to get the possession. When Mr Bhujale entered in his own flat he saw that one fourteen storey building instead of garden view.Megapolis is a township which is developed by Kumar Properties and ABIL group.

The same thing happens with Mr. Sameer who booked a flat at Echoing Greens Wakad Pune This project is developed by Siddhivinayak group which is twenty five years old developer in market. Mr. Sameer booked a flat on 4th  floor B wing Echoing Greens Wakad. 

At the time of booking developer told to Sameer that there will be a garden in front of the flat and a commercial building which will not interrupt open view from your flat. But when he got the possession he saw that there was a three storey commercial building in front of his flat.  

From since last more than two years flat owner at Mandke Armaan by Sudhir Mandke & Co. are paying the interest of home loan but the construction work has stopped since last more than one and half year. Because of the conflict between PMC and Indian Air Force the construction work has stopped and nobody knows when it will get start.

These are just some of example of developer’s unfair practice. There would be hundred of projects which have stuck or not able to give possession on time.







Sunday, 25 October 2015

Lifeville, Govind Developers, 2 & 3 BHK Homes, Pimple Saudagar Pune

LIFEVILLE Pimple Saudagar, Pune a Residential & Commercial Project at Pimple Saudagar Pune.

Project offers 2 & 3 bedroom residences ranging from 1050 sq. ft. to 1600 sq. ft. and shops ranging from 305 sq. ft. to 3000 sq. ft.

Project is being developed by Pune based Govind developers.
Pimple Saudagar is a preferred place for working techies at Hinjewadi IT park. Now there are very few projects are being developed. I think four to five years later buyers will have only resale option in the vicinity.


Positive Points of LifeVille Pimple Saudagar, Pune
(1) Located at center of Pimple Saudagar, Pune.
(2) Small project but all basic amenities at premises.

Negative Points of LifeVille Pimple Saudagar, Pune.
(1) Possession after two years.
(2) Located on Main road, traffic sound issue.



Rama Melange Residences, Hinjewadi. Pune Review

Are you looking for 2BHK in 55  Lac. inclusive all ?

4700 Rs. per sq. ft. including car parking and club house charges. Don't you think it makes attractive for any buyer ?

Rama Group a well known name in real estate sector in Pune. Developed many projects like Costa Rica Wakad, Celestial City Ravet, Silver Mist Pimple Saudagar etc

Now at Hinjewadi Rama group brings Rama Melange Project offers 2 & 3 bedroom apartments.

According to me project is suitable for those who are looking for residences near to working place. or wants to avoid Hinjewadi IT park traffic. Project is recently launched. Project offers all the basic amenities at premises.Total 14 floors. Currently project is under construction and possession will be given from 2017.


Price List of Rama Melange Hinjewadi

Price list.          Saleable Area            Rate per sq.ft.             Basic Rate
2BHK                  975  sq.ft.               Rs. 4700                   45.82  Lakhs
2BHK                 1085 sq.ft.               Rs. 4700                   50.99  Lakhs
3BHK                 1225 sq.ft.               Rs. 4700                   57.57  Lakhs
3BHK                 1335 sq.ft.               Rs. 4700                   62.74  Lakhs
3BHK                 1435 sq.ft.               Rs. 4700                   70.26  Lakhs

Apart from this developer will charge 50 Rs. per sq. ft. floor rise from 2nd floor onward.

EMI Calculator


Positive Points of Rama Melange Hinjewadi
(1) Suitable for working people at Hinjewadi, Can avoid traffic.
(2) Prices are competitive and affordable.
(3)  Rama group is a well known developer for quality construction.

Negative Points of Rama Melange Hinjewadi
(1) Supply is higher in Hijewadi, Many townships offering flats at Hinjewadi.
(2) One can get a better resale deal in Hinjewadi locality.








Vision Boulevard, Siddhivinayak Group, Pimple Saudagar Pune Project Review.



Vision Boulevard is a residential project located at Pimple Saudagar, Pune. Vision Boulevard offers 2 BHK residential flats. Project is located on Kunal Icon lane.
Price range for 2 BHK starts from 77 Lac. to 80 Lac.


Project Location:
Project is located at one of the prime location of Pimple Saudagar. In last four to five years Pimple Saudagar has developed like anything. Better Infrastructure, Wide roads, gardens, shopping center, Multiplex etc. makes Pimple Saudagar a attractive location for home buyers.  In front of this project there will be a PCMC garden. Currently this garden is in under development. At walk in distance from this project we can find some good shopping centers. On this Kunal Icon lane there are some big commercial projects are under construction which will add stars in this locality. Sai Ambiance and Sai Vision are the nearest residential projects.

About Developer:
Project is developing by Siddhivinayak Group, which is a well known name in Pune real estate market. Siddhivinayak is a 25 years old developer has developed many residential and commercial projects in Pune. Even on this kunal icon lane there are two commercial projects are developing. Prime square project is also located on the Kunal Icon lane only. Prime square is also developed by Siddhivinayak developer.

On the same lane there are two to three shopping center are being developed by various developer. Connecting lane from shivar chowk is very well developed. Multiplex, MNC restaurant, etc.



Possession after two years in 2016
Total Plot area is one lac sq.ft.





Actual Site Photo Vision Boulevard, Pimple Saudagar, Pune





Actual Site Photo Vision Boulevard, Pimple Saudagar Pune





One Year ago Price list of Vision Boulvard Pimple Saudagar:
2 BHK Saleable area 1027 sq.ft:
  Basic cost 61.62 Lac. + Development charges 5 Lac.  + Stamp duty + Taxes  7.47, Total = 74.84 Lac

2 BHK Saleable area 1037 sq.ft :
   Basic cost 62.22 Lac. + Development charges 5 Lac.  + Stamp duty + Taxes  7.53, Total = 75.50 Lac

2 BHK Saleable area 1062 sq.ft :
   Basic cost 63.72 Lac. + Development charges 5 Lac.  + Stamp duty + Taxes  7.70, Total = 77.17 Lac

2 BHK Saleable area 1072 sq.ft : 
 Basic cost 64.32 Lac. + Development charges 5 Lac.  + Stamp duty +   7.77, Total = 77.84 Lac




Current Price list of Vision Boulvard Pimple Saudagar:
2 BHK Saleable area 1027 sq.ft:
  Basic cost 63.77 Lac. + Development charges 5.75 Lac.  + Stamp duty + Taxes  7.41, Total = 76.94 Lac

2 BHK Saleable area 1037 sq.ft :
   Basic cost 64.39 Lac. + Development charges 5.75 Lac.  + Stamp duty + Taxes  7.47, Total = 77.62 Lac

2 BHK Saleable area 1062 sq.ft :
   Basic cost 65.95Lac. + Development charges 5.75 Lac.  + Stamp duty + Taxes  7.63, Total = 79.33 Lac

2 BHK Saleable area 1072 sq.ft : 
 Basic cost 66.57 Lac. + Development charges 5.75 Lac.  + Stamp duty +   7.69, Total = 80.01 Lac



Floor Area Statement:
1st, 2nd, 3rd, 5th Floor Plan
Building B, C, D, E
Carpet Area 681 + Terrace Area 113 = Saleable Area 1072
Carpet Area 655 + Terrace Area 113 = Saleable Area 1037

2nd, 4th, 6th, Floor Plan
Building B, C, D, E
Carpet Area 681 + Terrace Area 106 = Saleable Area 1062
Carpet Area 655 + Terrace Area 106 = Saleable Area 1027


Payment Schedule:
Booking – 10 %
Agreement – 10%
Commencement of Work – 10%
Plinth – 15%
1st Slab – 4%
2nd  Slab – 4%
3rd  Slab – 4%
4th   Slab – 4%
5th    Slab – 4%
6th Slab – 4%
7th Slab -  4%
Brick Work – 8%
Plaster – 8%
Flooring – 8%
Possession – 3%





Contact Person:
Mr. Feroz Shaikh
+91-8605012460
+91-9850527700


Site Address:
Vision Boulevard, S. No – 76/2A, 77/1, 77/2,
Pimple Saudagar, Pune
www.sgworld.in



Saturday, 24 October 2015

Pune, Paradise for weekend home for Mumbaikar.

Are you a Mumbaikar ?

Looking for a weekend home or second home ?

Then right place is Pune, Now you must be having so many questions in your mind. First why Pune  not Lonavala or any other hill station ?
In some last few years Pune has become an attractive location for second home buyers or we can say weekend home buyers. There are many reasons home buyers are preferring Pune. Proximity from Mumbai City and the growth of city, presence of many MNC IT companies in Pune, comparatively  and the most important whether of city attracts Mumbaikar to invest in second home in Pune.

Higher rental incomes and lower prices are also one of the factor makes it attractive. Distance between Panvel and wakad is only 90 minutes travel from Mumbai Pune express way. Wakad, Hinjewadi are attractive location in Pune for Mumbaikars, Infosys, wipro, IBM, TCS, cognizant etc. are few names of IT companies located at Hinjewadi IT park. In western Pune area most of the home buyers are from Mumbai.
They gives the flat on rent or they use it for weekend visit.

There are many townships of reputed developers in Hinjewadi like Blue ridge from Paranjape developer, Life republic from Kolte patil developer and Megapolis from Kumar builders are few names of the township which are developing in more than 100 acres area.












Thursday, 15 October 2015

Credai Pune Property exhibition Venue


Organizer - Credai

Credai Pune West Property exhibition

Date - 17th and 18th October

Venue - Hotel Orchid (VITS)
              Mahalunge, Balewadi

Area - Aundh, Baner, Balewadi, Pashan, Kothrud, Bavdhan, Pimple saudagar, Hinjewadi, Mahalunge, Balewadi, Baner, Wakad, Pirangut, Sus, Tathawade, Pimpri chinchwad and  much more.



Credai Pune East Property exhibition

Date - 24th and 25th October

Venue - Hotel Hyatt Regency
              Nagar Road, Pune

Area - Koregaon park, Viman nagar, Kalyani nagar, Wagholi, Hadapsar, Dhonori, Kondhwa, Undri, Pisoli and many more.



Credai Pune Property Exhibition  Venue


Contact Credai:
020-26052655



Register your name 

Wednesday, 5 August 2015

2BHK Royal Majestic, Rahatani Pune.


2BHK 989 sq. ft. Total package 68.30 Lakh.

2BHK 1030 sq. ft. Total package 71.34 Lakh.

               Planning to buy a home at Pimple Saudagar or Rahatani with a reputed developer than Royal Majestic can be a option for you in your mind.

               5 Star construction is known for the quality construction. In the same vicinity they have developed Royal Emperio at Pimple Saudagar. 5  Star is also constructing royal entrada. This project has good connectivity from Aundh Ravet road and also very well connected to Pimple Saudagar.

                Now look at the amenities., according to me total plot area would be one or two acres but developer is providing all amenities like swimming pool, children play area, Fitness center etc. How the developer or architect managing the space ? or It is just a way to sell the project. I think I should leave this issue with home buyers.

                Now look at the floor plan. Bedroom sizes are 10 x 11, and 11 x 12.6. and living is 18.6 x 11. Six flat on each floor. Terrace size 12.6 x 9 which is I think spacious. Most of the buyers prefer a small sizes terrace because they think that space can be utilize in some other areas like bedroom or living. Kitchen is attached with dry balcony size is 4 x 8.



Price List of Royal Majestic, Rahatani:

                                                2BHK                  2 BHK

Carpet Area                              678                          687/690
Terrace Area                            110                           153/149
Area                                          989                          1030/1032
Flat Cost                                   6150000                   6425000

Booking Amount                     500000                     500000
Booking Amount 2, 20%        730000                     785000
On Plinth                  15%        922500                     963750
2nd Slab                   8%          492000                     514000
4th Slab                    8%          492000                     514000
6th Slab                    8%          492000                     514000
8th Slab                    8%          492000                     514000
10th Slab                 8%          492000                      514000
12th Slab                 8%          492000                      514000
On Brickwork         7%          430500                       449750
On Electrical work 5%           307500                      321250
On Possession         5%          307500                      321250

Other Charges
Stamp duty & Reg. fee           404000                      420500
Service Tax                             215250                      224875
VAT                                        61612                        64250
Grand Total                           6830862                 7134625





Royal Majestic Rahatani  Site Photo




Royal Majestic, Rahatani





Royal Majestic Rahatani Pune





Royal Majestic Rahatani Floor Plan Pune




Royal Majestic  Rahatani actual Site photo




Royal Majestic Rahatani Sales office




Royal Majestic Rahatani Location Map






Positive Points of Royal Majestic, Rahatani Pune
(1) 5 Star group is known for quality construction
(2) Developer is providing all basic amenities
(3) Connectivity is good from Pimple Saudagar and Hinjewadi IT park.
(4) All other basic requirement like shopping center, bus stop etc. at walk in distance.


Negative points of Royal Majestic, Rahatani Pune
(1) Construction work is not started yet.
(2) Near by slum area and narrow service road.
(3) Possession is after two years.




Site Address:
S. No. 29/1/1,2,3, Part, Behind Fountain Inn Hotel,
Rahatani, Pune, 411017



Read my other blogs

Pune realty report analysis

Royal Rahadki Greens Rahatani

Hinjewadi or Wakad ?



Monday, 27 July 2015

What Gera's Realty Report Says For Residential Real Estate Market Pune.

Highlights of the report:

•The price rise for the year June ‘14 – June ‘15 was 3.33% as compared to 10.03% in the previous year - June ‘ 13 – June ‘14
•The half yearly growth rate has also slowed down from 3.04% during the period June ’14 – December ’14 down to a miniscule 0.27 % for the period January ’15 to June ’15
•There is a significant increase of 14.36 % in the gross inventory in the past 12 months
•The unsold stock (inventory with developers for sale) has shown a steep jump of 36.85% in the same period.


What would you say after reading these points of the report ?

Is this a right time for buyer to invest or Avoid for some time to buy ?

Will the next three years growth rate would be the same like last year or there will be a different story ?

Are you afraid to buy a property in Pune ? 

You must be having all these questions in your mind after reading this report. But we all know that past performance is not an indicator of future results. No one knows what would be the future growth rate of property rates in Pune. 

But these figure gives  some other indications.


 Just to know about current real estate scenario I discussed with some real estate consultants. I met Mr. Anil who works in Western Pune area.

Hi Anil, "How is the response of buyers in residential market" ? I asked.

"From since last one year we have seen a drop in number of  buyers. I can say the people who are looking for residence purpose only those people are buying homes. People who are looking for investment in real estate market are avoiding and preferring to invest in equity and gold commodities." He said

"Government mission homes for every one till 2022 is also a factor because of people are avoiding to invest in real estate market." He said.

I hope my analysis on real estate market will help for home buyers to understand Pune residence real estate market.





















Saturday, 18 July 2015

Hicare Ties Up With Google's Great Online Home Festival 2015


Hicare, pest management solutions and home care brand tied up with Google for its much-awaited Great Online Home Festival (GOHF) 2015 to provide Indians a healthy, hygienic, pest-free home and work environment.

Thursday, 28 May 2015

Sukhwani Sepia Wakad Pune Review

Sepia Sukhwani is a residential project offers 2 and 3 bedrooms homes.
Project is being developed in 8 acres of land.
There are nine residential towers in this project.


About developer:
Project is developed by Sukhwani Constructions Which have developed many residential projects in Western Pune. Palm Breeze, Sukhwani Campus, 43 Privet Drive are some of the projects name which have developed by Sukhwani group.

Office Address:
32, Sukhwani Chambers,
Station Road, Pimpri,
Pune

Website:
www.sukhwaniconstructions.com



Price list of Sukhwani Sepia Project Wakad
2 BHK Saleable area  1015 sq.ft. :   Basic cost 54.81 Lac. + Infra charges 4.5 Lac.  + Stamp duty 3.56 Lac. + Registration 30 K + VAT 59 K + Service Tax 1.83 Lac., Total = 65.59 Lac

2 BHK Saleable area  1020 sq.ft. :   Basic cost 55.08 Lac. + Infra charges 4.5 Lac.  + Stamp duty 3.57 Lac. + Registration 30 K + VAT 59 K + Service Tax 1.84 Lac., Total = 65.89 Lac

2 BHK Saleable area  1035 sq.ft. :   Basic cost 55.89 Lac. + Infra charges 4.5 Lac.  + Stamp duty 3.62 Lac. + Registration 30 K + VAT 60 K + Service Tax 1.86 Lac., Total = 66.78 Lac

2 BHK Saleable area  1080 sq.ft. :   Basic cost 58.32 Lac. + Infra charges 4.5 Lac.  + Stamp duty 3.77 Lac. + Registration 30 K + VAT 63 K + Service Tax 1.94 Lac., Total = 69.94 Lac

2 BHK Saleable area  1090 sq.ft. :   Basic cost 58.86 Lac. + Infra charges 4.5 Lac.  + Stamp duty 3.80 Lac. + Registration 30 K + VAT 63 K + Service Tax 1.96 Lac., Total = 70.05 Lac

3 BHK Saleable area  1320 sq.ft. :   Basic cost 71.28 Lac. + Infra charges 4.5 Lac.  + Stamp duty 4.54 Lac. + Registration 30 K + VAT  76 K + Service Tax 2.34 Lac., Total = 83.72 Lac

3 BHK Saleable area  1450 sq.ft. :   Basic cost 78.30 Lac. + Infra charges 4.5 Lac.  + Stamp duty 4.97 Lac. + Registration 30 K + VAT 83 K + Service Tax 2.56 Lac., Total = 91.45 Lac




Payment Schedule of A1 & B1 Wing:
Token Amount – 200000
Agreement within 7 days of booking – 15%
Within 15 days of booking or Agreement – 75%
Flooring & painting – 5%
Possession – 5%
Total – 100%

Payment Schedule of C1 Wing:
Token Amount – 200000
Agreement within 7 days of booking – 15%
Within 15 days of booking or Agreement – 40%
Slab 11 – 15%
Slab 12 – 15%
Brick work & internal plaster – 5%
Flooring & painting – 5%
Possession – 5%
Total – 100%

Floor rise charges 25/- per sq.ft.  after 4th floor.
Maintenance charges @ Rs. 3/- per sq.ft. per month, payable for 36 months at the time of possession.
Legal charges – 10000

Positive Points of Sukhwani Sepia Wakad Project:
(1) Sukhwani is a well known developer among property buyer..
(2) Project is located at Wakad which is very well connected to Mumbai Pune express way.
(3) Early possession homes are available.

Negative Points of Sukhwani Sepia Wakad Project:
(1) Project is located at behind to Indira college,there are very fews residential projects.
(2) Near by locality will take some years to develop.




Site Address:
S. No. 96/97, Behind Indira College,
Near Akshara School, Tathwade Wakad,
Pune


Contact person:
Poonam
+91-8888309999

E mail : sepia@sukhwaniconstructions.com



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