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Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

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Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

Last updated: June 28 2020
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  • Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

    Friends,

    Please spare some time. Need your valuable opinion. I am pretty new to property buying.

    I have been talking to the CP for Runwal Bliss pre-launch I am very inclined to go for it but not 100% convinced.

    I have read in this forum that there is history of delays. But I am ok with 1-2 years delay. rather I have no choice as the other options available in the same area are just not affordable. Also the delay could work in my favor as I will get time to make payments. However apart from the delay, is there any other serious risk? I am not going for it from investment point of view, would like to have it for eventually living in it.

    Whats your views? Are there other who are planning to go for it?

    Please suggest as for me this could be a make or break decision. Perhaps a once in life time one. If I invest, I am putting my hard earned money and all my savings until now, but as far as rewards is concerned, eventually whenever it is completed (with delay i know) it an opportunity to stay in a quality residence.

    Thanks !
    Last edited August 11 2017, 06:00 PM.
  • #2

    #2

    Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

    Even I am interested in buying. Any suggestions would be appreciated. Also, what is advised? Going through a channel partner/broker or directly?

    @pbn78: Have you seen the area around the land? From maps, I think there are slums close by. Also, I have heard they would be asking 10.5-11k/sqft for pre launch. Do you have concrete rates?

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    • #3

      #3

      Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

      Location is fantastic dont worry about that... its Cromptom greaves land...I stay nearby so I can tell you that location is not an issue...connectivity is great

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      • #4

        #4

        Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

        I know about Crompton Greaves land, but it is huge. It borders slums on few of the sides. I heard that the first phase will be developed near the slums. Also there is a high tension wire, that runs through the plot. I am planning to visit the area this weekend to check it out personally.
        Last edited January 28 2015, 01:50 PM.

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        • #5

          #5

          Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

          The location is great

          Problem is the builder -

          a. Delay - he is know for delay of 3-4 years. E.G. Runwal anthurium. Runwal forest pre- launched last year (same status as bliss today with only I2R) tool 1 year for launch..still construction start is 1 year away and will be completed only by 2019 as per builder...assumed 2021...Thank god I did not invest there

          b. Quality - Very bad quality of brickwork, internal piping, concealed electricals at Runwal greens, where I have invested in Mar 2010. The grills planned for fitting are not even used by local builders

          c. Cost - additional 15% would be charged for no ryme or reasons over and above your booking price before possession. Check Runwal Greens homeowners, he is asking every one to pay for increase in area which is already sold to us.

          d. Customer care - very poor. They do not respond. Charge you interest for no fault of yours....and always threaten you to cancel flat

          What ever is the launch / PL price...do not fall prey..Eventually it is worth paying for Lodha at 14-15 K psf for ready property(atleast you can sleep with peace)

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          • #6

            #6

            Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

            Guys - Any suggestions, comments? is there a risk involved?

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            • #7

              #7

              Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

              Great pbn78 - you need more risks besides above - Runwal is looking for you

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              • #8

                #8

                Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

                @sadams: Regarding delays, that is the problem with nearly ever builder in Mumbai - be it Lodha, Oberoi or anyone else. Pbn78 clearly said that its the only thing within budget. No point in suggesting him to invest him in a more expensive prioject. At least land ownership of the project is clear and it is centrally located.

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                • #9

                  #9

                  Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

                  Originally posted by sadams View Post
                  Great pbn78 - you need more risks besides above - Runwal is looking for you
                  Sorry... your response and my response landed at the same time....almost. Couldn't see
                  it before responding. Thanks for your valuable time bro.

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                  • #10

                    #10

                    Re : Runwal Bliss, Runwal Group, Kanjurmarg, Mumbai

                    ravi2401 - Disagree. Investing or buying in PL is not the only option. The money you are investing here - you are better off staying in rent and buy when market cracks. No real estate investor is expecting more than 10% yield. I would be happu to sell after a year with 10% growth from here

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