Hi heard this will be soft launched in a week or two. approximate bsp 8000, it's a part of 100 acres township that they plan to develop.
please advice if it's worth investment ?
Would people be interested in formimg a group for better deal ?
Size seems: 850 for compact 2 bhk and about 1200 for regular bhk.
Thanks
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  • how do we get more details about this project ??
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  • Its definitely worth looking for investment as Kalpatru is very big developer ...
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  • Agree that Kalpataru is a reputed name and delivers good quality. Besides, the project should come out well as this a large (>100 acres) plot.

    However, 8000 in pre-launch is quite aggressive, especially because near RTM properties in Majiwada are available for 9000

    Originally Posted by gaurang
    Its definitely worth looking for investment as Kalpatru is very big developer ...
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  • so 8000 basic sales price = roughly 9200 all inclusive, are we saying RTM is available at 9000 all inclusive ( except reg, std) ?
    Is it advisable to enter KPTR at this rate and time given mumbai is likely to see correction in next 3 months ?
    thanks,
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  • near RTM is BSP (9000) ++. I am quoting rate for the Rustomjee project

    Btw ... what new is going to happen in next 3 months which will lead to correction?


    Originally Posted by bomdel
    so 8000 basic sales price = roughly 9200 all inclusive, are we saying RTM is available at 9000 all inclusive ( except reg, std) ?
    Is it advisable to enter KPTR at this rate and time given mumbai is likely to see correction in next 3 months ?
    thanks,
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  • Originally Posted by propinvest81
    Agree that Kalpataru is a reputed name and delivers good quality. Besides, the project should come out well as this a large (>100 acres) plot.

    However, 8000 in pre-launch is quite aggressive, especially because near RTM properties in Majiwada are available for 9000


    I fully agree with you that its overpriced and 6500-7000 psf may have been better pricing however sadly all projects now a days is overpriced .. Dont forget 8000 is just base rate and all developers claim that they sell lower floors within hours of launching .. So with floor rise etc this can touch 10-11k all inclusive ... not worth it then ...
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  • Dun think 7000 is the price now in Kolshet-majiwade/manpada area any more...now the price is more in the range of Rs 9k-10K for RTM...pre-launches are quoting Rs 8500-9000 i.e. Neelkanth woods is Rs 8800-9500; Wadhwa's prelaunch (just opposite Bayer on Kolshet) is ~8600; another developer is planning to launch in Balkum in the 1st half of 2014 at 8800-9000......
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  • Originally Posted by skjinvestor
    Dun think 7000 is the price now in Kolshet-majiwade/manpada area any more...now the price is more in the range of Rs 9k-10K for RTM...pre-launches are quoting Rs 8500-9000 i.e. Neelkanth woods is Rs 8800-9500; Wadhwa's prelaunch (just opposite Bayer on Kolshet) is ~8600; another developer is planning to launch in Balkum in the 1st half of 2014 at 8800-9000......


    Everest RTM (wadhwa now) is available 8k-9k, so why would anyone invest at same rate in pre-launch, makes no sense.....

    Remember, Kolshet is way less developed than Manpada (woods) / Majiwada, and definitely cheaper than them.... alteast 2k, so comparison not correct....

    Builders also expect a price correction, so launching projects at higher price, if discounted later won't hurt them much.....
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  • Originally Posted by akki2006
    Everest RTM (wadhwa now) is available 8k-9k, so why would anyone invest at same rate in pre-launch, makes no sense.....

    Remember, Kolshet is way less developed than Manpada (woods) / Majiwada, and definitely cheaper than them.... alteast 2k, so comparison not correct....

    Builders also expect a price correction, so launching projects at higher price, if discounted later won't hurt them much.....


    The wadhwa project (with Everest builder) is in pre launch/just launched stage only so the rate their (~8.5K) is comparable to Bayer....

    Majiwada is definitely a better location, so the price their is also higher (9.8K for Rustomjee, 9.5K for Raj tattva, 10.25K for Vasant Avalon etc), so Kolshet area goin for 10%-15% discount looks reasonable...my point is that expecting Kolshet area to go for less than 8K from a reputed developer is unrealistic now...
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  • Hi
    Got more details ..can't make it public. Would be happy to share it over PM if we are interested in making a gruop buy team. Broad indicators: compact 2 bhk, 2 bhk, 2.5 bhk ...500 flats would be up for grab for 1-2 days as pre launch. Investment horizon is 4-5 yrs with buy back / lockin of 2 yrs. something like what omkar does thanks,
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  • Their rates are lower compare to others in surrounding, plus it's a 5 twr project in 8 acres out of total 100. Another advantage is they are offering lockin of only two years with interest on exit. payment is 20% now, rest 10% after 6 months or so when they get all permissions. expect it to be ready in 4.5 years with lower initial out go makes it more attractive.
    I am directly in touch with builder ( not a broker) if we can form a group we can save some more. They may have limited inv for pre launch.
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  • Is this project to be a rental housing scheme ?

    Kalpataru to Acquire Bayer’s Thane Land
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  • The proposition sounds interesting. I would be keen if you are forming a group.
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  • Originally Posted by ujval.anand
    The proposition sounds interesting. I would be keen if you are forming a group.


    Please PM me with your email id and phone number. if you are interested in being part of the group.
    More Details:
    2BHK: 820 or 850, Carpet: 550
    2BHK: 1200, Carpet: 800
    3 bhk:1600
    Rate: 7500, floor rise 50, car park 6 lacs,
    To be paid: 20% of basic+ flr rise + car park now, 10% after 1 yr ..rest is CLP.
    Const to begun after 1 year.
    Lock in: can exit after 1 year from now 12% interest
    Lock in: can exit at 2 year from start of construction
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  • i am interested in group. pls suggest how to pm u mail id.
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