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Old January 3 2010, 07:06 PM   #1
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Default Crest Avenue, Baner

Builder - Kirti Developers
Location - Behind Pashankar Auto, Sus Road
Other Projects in proximity - DSK VN, Rohan Laher, Achalare 52 GW, et al
Rate - 2850 Rs / Sqft

I am in dilemma whether to book the flat or no ... having below doubts

Whether above is the good rate in that area? or what is a good rate?
How are the growth prospects for other side of highway?
Is that area safe enough?
What is the reputation of builder? will there be time overrun?

Can someone throw some light please?

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Old March 8 2010, 05:26 PM   #2
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makarand.hardas have you got any information abt this Builder...
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Old March 8 2010, 10:09 PM   #3
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when you have so many doubts why buy there? pay 200-300 extra and take a safe area in balewadi/baner

Quote:
Originally Posted by makarand.hardas View Post
Builder - Kirti Developers
Location - Behind Pashankar Auto, Sus Road
Other Projects in proximity - DSK VN, Rohan Laher, Achalare 52 GW, et al
Rate - 2850 Rs / Sqft

I am in dilemma whether to book the flat or no ... having below doubts

Whether above is the good rate in that area? or what is a good rate?
How are the growth prospects for other side of highway?
Is that area safe enough?
What is the reputation of builder? will there be time overrun?

Can someone throw some light please?
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Old March 17 2010, 03:04 PM   #4
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anyone having any idea abt Crest Avenue by Kirti Developers in Baner Area ???
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Old March 17 2010, 03:21 PM   #5
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Whather that area is included in PMC limit ?
As far as possibal , do not cross the highway , opposite to pashankar auto venizuia and some other projects are there , that area is in PMC but not sure on this one.
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Old March 17 2010, 03:32 PM   #6
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Wonder if price is still holding at 2850. It must have reached 3200 by now.
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Old March 18 2010, 12:14 PM   #7
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Quote:
Originally Posted by compuwalah View Post
Wonder if price is still holding at 2850. It must have reached 3200 by now.
they are 2800 now.. but I am skeptical about thier saleable to carpet ratio and terrace 100%...
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Old March 18 2010, 01:31 PM   #8
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Quote:
Originally Posted by sanav3 View Post
they are 2800 now.. but I am skeptical about thier saleable to carpet ratio and terrace 100%...
100% terrace - That is a new revenue stream many builders have started resorting to. I saw another project 'Sapphire Park' in Balewadi. The builder proudly quoted same rate as Rohan Leher. But as always, the devil lay in details. He was charging for 100% of terrace area.

Btw, I finally booked a 3BHK flat in Rohan Leher. And it falls within PMC limits for sure.
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Old March 18 2010, 04:42 PM   #9
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Quote:
Originally Posted by sanav3 View Post
they are 2800 now.. but I am skeptical about thier saleable to carpet ratio and terrace 100%...
What is their formula? It is OK only if -

Saleable Area = (carpet area + 100% terrace) X 1.25.

Now the 'built up' area has gone out of the picture with new PCMC rules. All schemes launched after Oct 09 are required to follow this, per the info that I have. Builders buy 100% terrace from PCMC & sell 100% terrace to buyer. Not so sure about PMC though, may be it is not yet in effect. This is mainly to prevent fraudulent builders who boast of a 1000 sq ft built up area, but has only 600 carpet. The buyer now only sees carpet, terrace & total saleable & has a clear idea about what he can actually use, which was not the case earlier with built up area.

But this means more expenses for a flat with bigger terrace. Though charging on carpet is good, I certainly didn't like the idea of making terrace 100%.
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Old March 18 2010, 05:03 PM   #10
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Quote:
Originally Posted by sanav3 View Post
they are 2800 now.. but I am skeptical about thier saleable to carpet ratio and terrace 100%...
Clarification - hes charging 50% terrace and the salaeble is 1330 sqft for 2 BHK....loading factor is 1.25

A friend of mine is interested in this property, trying to convince him otherwise as hes only looking at the huge rooms - 11 X 15 kinds and not looking at the pathetic surroundings...
Guys please add more points for not buying here
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