Idea1979 : here is my take!! U r bang on target with respect to the question u hv asked!!
this is d answer i hv tried to satisfy myself with
although even i m nt too convinced abut it....
The plan sanction can only happen when the builder also gets d confirmation of 50 bookings...and even if he doesnt get it...i dont stand to lose my money!!
regd secluded aspect...
u sud hv been to Sus Road/Wakad/Baner-Balewadi 2-3 yrs back..u wud hv got the answers urself!! i still remmeber those days when we hv to walk to Veer da Dhaba...cos it was a nice trekking experience on Sus-Road...lemme nt mention Wakad..i still consider as a Slum..i ll nvr buy a flat in thr even 1500 ..its a personal choice..i dont want to see slums on my way to office!!
with Rohan's project coming up and being on ther other side of the highway, it has potential for structured development!!and how many times we buy stuff from the kirana store (medicines and urgencies set aside of course)..one weekly trip to Reliance / FB is gud enuf!!
regd the investment being locked in...thts y they r called investments!!i m in no hurry to take up a ready possession flat!! i wud rather wait for months and take the least amount of loan possible!! pple might argur on this front saying the monthly rental n stuff!! true...but i think the mathematics ll favour nt going for a hugr loan thn paying rent...
i m nt even sure if the project is ever gonna kick off!! neother 4 of my fredns whi hv just booked after i did...but smhow we knw if at all it does...i nvr hv to bother abut all issues like
- promised n nt delivered
- poosr construction
- possession issues
- negihbourhood (i m more comfrtable wid a cosmopoiltan one!! )
just to summarise...the project has more cons thn pros...as of now!!! but still i feel like going for it...may b i ll b wrong..may b i ll nt b!! time ll tell!!