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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Pune > XRBIA Hinjewadi by Hafeez Contractor - Pune
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Old January 30 2013, 03:23 PM   #531
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Originally Posted by vaibav123 View Post
Purchase of a flat is an individual decision,but having read the logic behind your decision for a 2 BHK.
I just want to give some thoughts to ponder
When is the likely delivery date of the project/ will it tally with you changing your bachelor status?
what is the size of 2 BHK? I heard it is very small.416 square feet carpet area which is smaller than one bhk in other places.
Fitting in budget is important consideration but what about seeing the reputation of builder and related aspects of location,developmental status of the area.Google the name of builder/company and see for yourself.Some link is given in this thread have a look at it.
Your plan to buy another flat and rent out this flat is ok in theory but will EMI of new flat and rent from old flat tally.
will XRBIA flat be on loan?
Just my two bits for your thought process.
But buying into any project without knowing the history of builder is unsafe. You may have problems of delivery,quality and so many other aspects.Links for your reading http://ravikarandeekarsblog..in/2012...ne-Review.html
Study it more deeply and make your own decision.I end by saying your money your decision.best of luck.
Thanks for your suggestion.Just want to reply what i feel about your specified points.

It's delivery date is dec,2015 and it is OK with me.

It is carpet area and it's carpet area is approx. 100 sqr ft smaller than 2bhk of 750-800 sqr ft (salable area), also i don't need to pay for Salable area.

and about the builder check out the same guy post for Megapolis.

So nobody can't say which builder going to cheat you when & where in complete project development. We can only hope for the best.
About the loan i think some portion of emi can be covered
 
Old January 30 2013, 04:36 PM   #532
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Quote:
Originally Posted by Sarafarpit View Post
Thanks for your suggestion.Just want to reply what i feel about your specified points.

It's delivery date is dec,2015 and it is OK with me.

It is carpet area and it's carpet area is approx. 100 sqr ft smaller than 2bhk of 750-800 sqr ft (salable area), also i don't need to pay for Salable area.

and about the builder check out the same guy post for Megapolis.

So nobody can't say which builder going to cheat you when & where in complete project development. We can only hope for the best.
About the loan i think some portion of emi can be covered


did you just say you don't need to pay for the saleable area ?? then what rate are you paying for carpet .. it would come around 7000 psf then
 
Old January 30 2013, 06:43 PM   #533
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did you just say you don't need to pay for the saleable area ?? then what rate are you paying for carpet .. it would come around 7000 psf then
My 2bhk flat cost is 16.62 and
i paid psf (carpet area) rate Rs. 3000/-+ dev chrgs+registration n that too comes out arnd 4k psf.
 
Old January 30 2013, 07:34 PM   #534
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Their second phase is soon going to open registrations. Stay tuned people !!
 
Old January 30 2013, 07:39 PM   #535
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Has anyone visited the site recently ?

did Xrbia started the construction? or still showing the Hills and selling the Property?
 
Old January 31 2013, 02:33 AM   #536
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Originally Posted by sripallu View Post
Has anyone visited the site recently ?

did Xrbia started the construction? or still showing the Hills and selling the Property?
Yes they started with levelling and pillars at least. Some of the pics here on XRBIA construction updates you can check their facebook page ...
 
Old February 1 2013, 03:11 AM   #537
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Yes construction is already started.You can check snaps http://ravikarandeekarsblog..com/201...Updates-1.html
 
Old February 3 2013, 11:34 PM   #538
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How many agreements have been executed till date ? Any details ?
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If you are happy, you are successful.
 
Old February 6 2013, 01:12 AM   #539
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realacres likes this.
 
Old February 10 2013, 09:01 PM   #540
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Interest in XRBIA has dried down. No news/ update from IREF members. Neither is any property listed in resale market.

Don'o whether I made the right decision of investing in project 6 months back?
 
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