Flat Buy Group ! Nearby Hinjewadi - Ready Possession - Indian Real Estate Forum

idea1979 · 04-08-09

Hi,

I am looking for a 2/3 BHK flat near hinjewadi. Preferably ready possession. Budget is 25-30L

Rohit Tadwalkar · 05-08-09

After June 2009 the property prices are increasing. There is an increase in property prices in areas like Pimple Saudagar, Wakad, Kondhwa wtc. Is anyone also feeling the same??? So bad about these builders. First they ask relief from government & ask RBI to reduce home loan rates. After that is done there is a small increase in demand. Then they increase rates. Builders should not be given any advantage. they are just not ready to reduce there profit margin. What do you feel???

hitmady · 05-08-09

Quote:

Originally Posted by Rohit Tadwalkar

After June 2009 the property prices are increasing. What do you feel???

I feel RE buyers must be fool-hardy to pay higher price this year, as due to recession, construction costs has reduced.
Builders are always ready to take advantage of buyer's emotions irrespective of construction cost.

Genuine buyers should be patient. These suckers will creep around your leg to sell RE.
Investors should buy if they see value

m_square · 05-08-09

^ you are right in some way but the mindset prevailing now is that the fence-sitters are just buying homes coz they are thinking the market might not go down further...

Only those can sit patiently who already are sitting in their homes and looking for a second one as an RE investment.

hitmady · 05-08-09

Quote:

Originally Posted by m_square

Only those can sit patiently who already are sitti1ng in their homes and looking for a second one as an RE investment.

What ever may be case, it is recession now with no job-security.
I would avoid buying either 1st or 2nd home.
Have no issue renting as at current rates EMI would be at least 3 times of rent.

hitmady · 05-08-09

Quote:

Originally Posted by m_square

Only those can sit patiently who already are sitti1ng in their homes and looking for a second one as an RE investment.

What ever may be the case, it is recession now with no job-security. Would avoid buying either 1st or 2nd home.
I have no issue renting as EMI would be 3 times rent.
There is no scarcity of land and flats in pune.

abhi.basis · 07-08-09

Quote:

Originally Posted by idea1979

Please Stop Crapping my Thread. You have already made your point here

]http://www.indianrealestateforum.com/pune/t-property-prices-increasing-after-june-2009-5779.html[/URL]

I have created this thread to form a group of Serious buyers.

All, Please join in if our interests are same.

Dont buy in these crunch times for developer guys, they will break sooner or later provided majority keep sitting outside the fence like I know almost a dozen people from my company sitting around me. All the group schemes that were being started through our office portal in April-July have been slow poisoned by its members including me. Majority of the reality investors think that its not the right time, correction expected 10-20% more in the current rates. Dont think, we will manage EMI somehow, apna ghar to ghar hota hai & all the emotional dialogue's parents tell us coz their time was secluded from these blood sucking realtors. Isnt it ?

1001acres · 07-08-09

Have u guys checked "The Island" in wakad. I liked the plan of the flats. They have quoted me rate of 2400 psf.

idea1979 · 07-08-09

Quote:

Originally Posted by chinmay686

Please include me as well!!! but what are d aresa r u looking at when u say close to Hinjewadi?

Hi... Wakad, warje, balewadi .. something 5-6 km from hinjewadi. It is flexible as budget is tight :-)

realacres · 07-08-09

Quote:

Originally Posted by 1001acres

Have u guys checked "The Island" in wakad. I liked the plan of the flats. They have quoted me rate of 2400 psf.

What's the possession date they are quoting currently? Btw, it is by Om developers, right?

04-08-09	#1
idea1979 New Member Join Date: Aug 2009 Posts: 40 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Flat Buy Group ! Nearby Hinjewadi - Ready Possession Hi, I am looking for a 2/3 BHK flat near hinjewadi. Preferably ready possession. Budget is 25-30L Last edited by IGRM; 06-01-10 at 11:58 PM.

05-08-09	#2
Rohit Tadwalkar New Member Join Date: Jul 2009 Posts: 34 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Property prices increasing post June 2009 After June 2009 the property prices are increasing. There is an increase in property prices in areas like Pimple Saudagar, Wakad, Kondhwa wtc. Is anyone also feeling the same??? So bad about these builders. First they ask relief from government & ask RBI to reduce home loan rates. After that is done there is a small increase in demand. Then they increase rates. Builders should not be given any advantage. they are just not ready to reduce there profit margin. What do you feel???

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05-08-09	#4
m_square Member Join Date: Jul 2009 Posts: 461 My Mood: Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	^ you are right in some way but the mindset prevailing now is that the fence-sitters are just buying homes coz they are thinking the market might not go down further... Only those can sit patiently who already are sitting in their homes and looking for a second one as an RE investment.

07-08-09	#8
1001acres New Member Join Date: Jul 2009 Posts: 45 Thanks: 0 Thanked 0 Times in 0 Posts Rep Power: 1	Have u guys checked "The Island" in wakad. I liked the plan of the flats. They have quoted me rate of 2400 psf.