Jitu_Sir

Dear realacres,
being an 80IB scheme we have to restrict the total saleable area to 1500 sft. So in order to increase the kitchen size we need to compromise on area of other rooms. But will surely keep your point in mind and plan in the upcoming phases.

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Jitendra Pethkar
Pethkar Projects
Partner

Jitu_Sir

Dear punerebuyer,
As there are very less number of flats available in L6 we had displayed only L7 on website.

Dear punerebuyer,
At the time of final audit of the scheme, we need to provide sold flat details to Income Tax department. Also all payment takes place through cheque payment only, there is a complete record of transactions.

Jitu_Sir

Dear monds,
climbing everest seems to be a unique way to use one's saving.
Anyways, I hope you are convinced with the fact that we were not amongst those who cheated you for the 50K. And if so then no harm to admit.

Jitu_Sir

Dear raju,
The building L6 was launched in Mar08 with opening rate as 5600 which later dropped to 5200 and then 4500 in recession time, which improved to 4800 and then to 5500.
I am unware whether you had visited samrajya or not. As previously mentioned people from various fields such as IT, consultancy, auto-sector, professionals like Advocates, Judges, Doctors etc are amongst those who prefer to buy here. Many of them are already having around 30 to 40L as their saving while rest is loan.

Dear raju,
Today the cost per acre varies between 2500 to 3500 psft for different areas within Kothrud.

realacres

This means buyers are shelling out 1000/sq ft for no reason.

30-40L as savings....hmmm this means that Samrajya is not for first time buyers.

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IREF Rules - Read Me

thepune1576

Watched interview of Subrato Rai on NDTV profit, he said valuation of amby valley (Lonavala) is now 19000 Cr which was 34000 Cr 3 yrs back

This valuation has done by World No 1 consultancy

When our builder will understand this, god knows

Jitu Sir, I will be happy to read your comments on this

monds

Thaks for reading it...
Regarding that 50K matter, I repeat - it was one of you Pethkars'...so please don't runaway from it.

harishkulks

This is the reason such schemes are not VFM for genuine buyers and normal salaried persons.In FEB 2009, we (my wife & me) could afford a 2BHK flat however, we were not sure how can we survive after purchase by loosing 30 to 40 Lacs savings. This is seriously out of budget for salaried buyers who are in the middle management at this stage.For second time buyers, the purchase is possible as they can encash on their old properties by selling and or the savings they have done over the years or with some internal borrowings. Certainly not a cup of tea for people like me. I have to BE a bsuinessman or have loads of savings. I think 30-40 Lacs is a HUGE saving . Don't know how much time I will spend in accumulating 30Lacs.

Very true.Don't know what is the basis and it is out of my imagination.

mymarji

Yes, the basis is that during recession time, there were not many buyers, whereas now there are a few sale happening, so hike the price.

Seems that media people are also in league with builders on this. None of the papers ever mentions the drop in realty prices for fear of losing their "Full Page Advt" customers.

Also some of us, want to blink first, sensing the fact that the properties may again go out of reach and book at above regular rates, which makes the builder/developers to increase the rates.

Its more of a chicken-n-egg problem created by us and we ourselves are to be blamed for creating this mess.

Jitu_Sir

Dear thepune1576,
Projects like Amby valley are made for completely different sector. i dont think this will have any effect with rest of RE in Pune..