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Old 11-10-09   #1
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Default Suggestion for house in Pune

Hi,

We are looking to buy a 3 to 4 bhk at a budget of around 75 L in Pune.
Can someone please suggest the areas, complex which are pure residential in pune.Are there complex with independent houses available near aundh, koregaon park etc.

Thank You

Regards
DAS
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Old 12-10-09   #2
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Put it in a bank and have a rented apartment. Interest can give you sufficient amount for rent!!!
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Old 12-10-09   #3
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We are looking to live in this house for good. Not looking to live in a rented place.

Appreciate some genuine feedback from the group.

Regards
DAS
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Old 12-10-09   #4
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I would check out Kalyani nagar if I had your budget. Kalyani nagar is a very good residential location. But the problem is that there are very few new projects around. Most of the new projects are at Wadgaon sheri and claim that they are in kalyani nagar. You can check out the following new projects in Kalyaninagar -

Mittal crest
Fortelezza- This is in a prime location in kalyaninagar and have different sized apartments. Some in the forum dont regard this builder- Raviraj well. There is also a review which says that the complex is over crowded.

Victoria garden and Marigold are very expensive, I think about 90ls but not sure

Some good apartments for resales here are Raheja woods, Lunkad skylounge(I think this is expensive, but not sure), Clover water garden, Kumar Sophronia.

Viman nagar is another area I prefer as a good residential area with more scope for more commercial development.

Clover acropolis may fit into your budget- I have not seen the project, but these are ready possession spacious flats and the builder is reputed clover builders.

Mystique moods by Naiknavare are also having 3bhk with possession dates in Sep 10.

For resales, Zircon is a good option. Other resale options are lunkad amazon, lunkad gold coast, konark campus.

Koregaon park have very less new projects. The new projects like Kumar presidency, blossom boulevard are very expensive, starting 1 crore. All the resales I have enquired about so far are very old societies.

On the other end, Aundh, Erandwana are also very good residential locations. But I'm not looking at these places. Hopefully there are others in the forum who can give you inputs on projects here.

Last edited by Navina; 12-10-09 at 04:38 PM.
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Old 12-10-09   #5
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Thank you for your reply. How about areas like Sopan Baug. Does anyone else have any suggestions. Any good projects in Aundh for my budget.

Thank You

DAS
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Old 12-10-09   #6
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Are you looking for Sopan bag or Aundh? Your target Destinations don't sound closer...your budget is such that you can easily get near wherever you are working...
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Old 13-10-09   #7
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Hi,

I am open to any good residential area with very good school around nearby.

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DAS
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Old 13-10-09   #8
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Default Magarpatta ...

Checkout Magarpatta Township as well. Individual bungalows are not available from builder but might be available in resale.

With your budget you might be able to get a decent 3BHK in Laburnum park (which is part of Magarpatta city).
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Old 14-10-09   #9
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Quote:
Originally Posted by DASaaa View Post
Thank you for your reply. How about areas like Sopan Baug. Does anyone else have any suggestions. Any good projects in Aundh for my budget.

Thank You

DAS
Sopan baug is also a very nice quiet residential area behind empress gardens with good accessibility to camp(as you were also looking at good schools, there are some very good schools in camp). La Cresta from Paranjpye is there. They were quoting 63 ls for 2bhk. 3bhk may fit into your budget after negotiations. you can check up with them. There is also a project from Devi group there, but I'm not sure about the rate. Amar Renaissance is also there, but I think it is exclusively 4bhk. There are others projects too in Sopan baug area which I do not remember now. I dropped Sopan baug from my list after I found out that they are way beyond my budget. There is an exhaustive list of properties available in Sopan baug area from puneproperties.com-http://www.puneproperties.com/sopan-baug-projects.php. Just make sure that teh projects in Sopan baug dont fall under BT kawade road, since that area has mixed residences with lower middle class older constructions and new constructions. It will not give the exclusive posh appearance like the core Sopan baug area.

I personally wouldnt prefer the Magarpatta or Amanora township. They don't form housing societies and the entire township is still under Magarpatta group. So technically we never own the place even though we pay the market rate or above to buy the place. Also I'm not very comfortable with the lease concept they have. They have an agreement with the original owners of the land, I think the farmers, that the land is on lease for 99 years. Though in the agreement they mention that the lease period can be renewed, and many people are in the view that they will not push out the original residents even after lease is over, I'm not comfortable with this fact- Just my persona opinion.

Last edited by Navina; 14-10-09 at 09:46 AM.
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Old 14-10-09   #10
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I feel same too...
99 year lease is complicated...
Over that you are assured that the builder will always be there and society will never be formed. so u have to bear the arrogance of builder everyday.
If you sell your house to someone else, you will have to get NOC from builder, if you transfer you loan from one bank to another bank, you will need NOC from builder. So everytime u r forced to deal with builder in magarpatta. I think same will be case for Amanora and any other township.
You are never an owner of ur own house.



Quote:
Originally Posted by Navina View Post

I personally wouldnt prefer the Magarpatta or Amanora township. They don't form housing societies and the entire township is still under Magarpatta group. So technically we never own the place even though we pay the market rate or above to buy the place. Also I'm not very comfortable with the lease concept they have. They have an agreement with the original owners of the land, I think the farmers, that the land is on lease for 99 years. Though in the agreement they mention that the lease period can be renewed, and many people are in the view that they will not push out the original residents even after lease is over, I'm not comfortable with this fact- Just my persona opinion.
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