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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Pune > Seven 7 Avenues Balewadi, Pune
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Old August 28 2012, 05:39 PM   #11
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I visted this project last week and found it good. The only concern I am seeing is the no of partners in joint venture. 5 people are constructing this (comparatively) small project together.
Has anyone booked here? They are quoting 5100 psf but said can negotiate.

 
Old August 29 2012, 12:15 PM   #12
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When I visited this project I specifically asked about the experience of the developers.
Chandraranga developers is owned by Laxman Jagtap. He is the 'political muscle' behind this project. (Jagtap family have a strong hold in wakad, PS area).
(If you Google for Chandraranga, you will find many projects)
Sarada group are more of a contractors (they have done contract work on ICC towers on SB road). Others are relatively new in this area.
Do you have any idea till what price they are ready to negotiate?
 
Old August 30 2012, 01:01 PM   #13
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I did not ask how much they will negotiate. But she said that they have completed 35% of work and if you can pay upto that at time of aggreement they can negotiate.
Though the possesion is in Dec 2013, I think it will get delayed.

One more problem I see is the layout for amneties is not porperly mentioned on website.

Kala group owns a genset company in Bhosari MIDC.
 
Old August 31 2012, 11:58 PM   #14
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Quote:
Originally Posted by potpourri View Post
Looks like most of the projects in that area (43 Acres, Madhuban, K-Square, Paramount, Palladion, Park) are going above 5000 PSFT.
2/3 new project launching soon with 6K+/sqft rate !!
 
Old December 3 2012, 11:05 PM   #15
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Hi All,
so any thought on a 2BHK flat in 7 Avenues for 65 Lakhs+??? I also inquired on some other project in same area (43 Private drive, Kool homes) but their rate is 5500+ which will make 2BHK there 70 Lakhs +. So I am thinking of taking it in 7 Avenues for possession in Decc 2013.
 
Old December 4 2012, 12:05 PM   #16
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Quote:
Originally Posted by sachdeshmukh View Post
Hi All,
so any thought on a 2BHK flat in 7 Avenues for 65 Lakhs+??? I also inquired on some other project in same area (43 Private drive, Kool homes) but their rate is 5500+ which will make 2BHK there 70 Lakhs +. So I am thinking of taking it in 7 Avenues for possession in Decc 2013.
I have visited 7 Avenues multiple times and this project looks good. The layout is decent and list of amenities is good. Having said that I think 65 lakhs+ seems on a higher side. I think you should re-negotiate. Anything under 60 should be a good deal.
It really feels weird to say 60 lakhs for a 2 bhk in balewadi is a good deal. If I had said this couple of years ago, everyboday whould have laughed their heads off. Times have changed.
However i see Balewadi as a good area to be in.
Best of luck for your house hunting.
sachdeshmukh likes this.
 
Old December 4 2012, 01:15 PM   #17
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Big problem in Balewadi / Baner area is water supply. Water is delivered using tankers, which I have heard is going to be a permanent arrangement. Water shortage is on the rise & will only get worse.

Also, do not consider the Balewadi area very safe. There have been lot of thefts that have been reported in various societies.

I would also suggest talking to people who work in the societies within the area. E.g. car drivers, because they know what is going on in the area more than the residents.
 
Old December 4 2012, 11:13 PM   #18
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Quote:
Originally Posted by pnq2012 View Post
Big problem in Balewadi / Baner area is water supply. Water is delivered using tankers, which I have heard is going to be a permanent arrangement.
How do you know this is permanet arrangement?
Regarding security, I think Balewadi is like any other upcoming area. I guess you will hear the same story (there was a theft in my friends' neighbours' cousin' society in XYZ area) for any area. I am not trying to say that Baner balewadi is the safest place in Pune. But every area have it's share of security issues. Baner/Balewadi are no different.
 
Old December 5 2012, 05:09 AM   #19
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Quote:
Originally Posted by potpourri View Post
How do you know this is permanet arrangement?
Regarding security, I think Balewadi is like any other upcoming area. I guess you will hear the same story (there was a theft in my friends' neighbours' cousin' society in XYZ area) for any area. I am not trying to say that Baner balewadi is the safest place in Pune. But every area have it's share of security issues. Baner/Balewadi are no different.
Thank you Guys..!!
 
Old December 5 2012, 11:21 AM   #20
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Quote:
Originally Posted by potpourri View Post
How do you know this is permanet arrangement?
Regarding security, I think Balewadi is like any other upcoming area. I guess you will hear the same story (there was a theft in my friends' neighbours' cousin' society in XYZ area) for any area. I am not trying to say that Baner balewadi is the safest place in Pune. But every area have it's share of security issues. Baner/Balewadi are no different.
I did not mean to bad mouth the area. I myself live there in a rental waiting on moving out of this area. For me - good water, power, security, good clean environment and better living lifestyle is equally important than just picking an area.

I know the chairman of the society where I live & he is responsible for managing the water supply. According to him (and you really don't need to ask anyone), having a constant water supply in this area is just not possible because of so much development. This summer itself around 57 water tankers per day had to be commissioned in this area. There are many articles in newspapers about the water shortage and also about the misuse of water tankers. For me, I simply cannot live in an area where I have to depend on water tankers.

I understand that security is an issue everywhere but this area is close to many slums and also close to the highway, which makes it more vulnerable to such crime.

The environment around this area is not clean at all. Just try walking around in the Balewadi area & it has become more dirty. There is ton of air pollution due to development around this region. This wasn't the case before. And possible that the 7 avenues area might be better but I just had to bring it up because it is affecting me.

There are definitely better areas where you may be able to find a place, that is cheaper. The rates are just a joke because of high demand but living lifestyle is not at par with other areas.

This is just my observation & my opinion. My point is that - just don't go with a builder and the floor plan. You also need to think about other factors.
 
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