Nitin_P

Famous Hafeez Contractor has started new venture XRBIA and first project is in Hinjewadi

XRBIA Developers launches affordable Housing project

Anybody seen hoarding around Hinjewadi identifying the site location ?

Nitin_P

Reading below line for first time ever from any builder, superlikes to this

"the flats will be priced only on carpet basis and not on built-up or super built-up,” said Rahul Nahar, MD of Xrbia Developers.

News | Book and buy homes at the click of a mouse

pune_friend

Even builder like DSK clearly states that flat will be sold on the basis of carpet area. It means two things
Even terrace will be considered 100 %

Both flat carpet and terrace will be applied latest loading (e.g. 30%), built up arrived at, total price calculated and then conveyed to customer

In Pune dsk has loading of 30 % after considering 100 % terrace. Their project in Andheri (Madhukosh) had loading of 60 % with clearly stated salable !!

So flat sold on carpet area is for benefit of builder and not buyer

Blitz

Are these the same people: http://sampatca..in/2011/03/eiffel-d...beware-of.html

Jitu_Sir

Dear pune_friend,
Just a correction. It's DSK Madhuban. Rightly said. It does have almost 60% loading.

__________________
Jitendra Pethkar [Pethkar Projects]

Nitin_P

I was very keen to know details of Xrbia's site in hinjewadi, googled for nearly two hours and found a presentation (ppt) which reveals there first project in hinjewadi is nothing but Eiffel's silicon city(page 16 and 17 of presentation).

http://siteresources.worldbank.org/F...h_Krishnan.pdf

ppt is impressive on papers and theory, I have fingers crossed for implementation.

Is it a worldbank website ?

P.S. If I sound like there promoter let me clarify, I am not

realenquiry

As per agreement following MOFA, Flats are being sold on the basis of carpet area only. It's a separate story that builder charges on the basis of built-up area and makes an agreement on the basis of carpet area. As a result if the rate is 3000psft say as per built-up area then the rate comes up around more than 4000psft as per carpet area.
In this project's case, builder might have already done the calculations and provided you carpet area rate psft. You need to check this. By the way what's the rate psft?? 

Looking at the title seems this is the first project of Hafeez Contractor in Hinjewadi but actually it's not. There are couple of more. One of those is Kul Ecoloch. As a partner, yeah, this new project may be his first.

ankush12325

IS this launched...where is the sales office?

rohanmalik

I really hope this Rahul Nahar chap is no where related to Nahar group of chandivali & powai which are very notorious for malpractices, can anyone please cross check ?

here's the story of nahar builders mumbai:

Beware! Agreement of Nahar Amrit Shakti (Chandivali) is a Trap - thebravepedestrian's blog

pune_friend

Dear jitu_sir,

Actually it is both.

DSK madhuban is existing scheme. Madhukosh is a new scheme going on very close to it. I was referring to this ongoing scheme's details but both may be following the same as both are from dsk.

They call saleable as - Total Area including Common Proportionate Area

http://www.dskdl.com/brochure/madhukosh.pdf (see floor plan)
It is reviewed elsewhere on this forum by simsagar.