I've seen a couple of projects in Baner and Aundh / Aundh Annexe and Nandad seems to be the one to fit my needs. Though it is much out of my budget, after seeing the project, i think i can stretch it....... but i'm still hesitant about the price.... and that's where i really need your help

1) im buying the place to live but do u think that buyin a property in this area at 5600 rs psf will appreciate any further in future?

2) is the location worth it?

i saw pride platinum and was impressed too but the diff between the two is just 9 lacs and the possession of pride is uncertain....as the new buildings havent started as yet...

also saw kolte patils 24k and loved the 4 bhk but its too expensive......1.3 cr.... no way ....

i need any feedback on Nandan Prospera... if anyone has booked the flat there already.....or 'any' comments whatsoever will be helpful .....

also if u know of any good 3 / 4 bhks in the range of upto 90 lacs to 1 cr.... in baner or aundh ... im basically lookin for privacy and good ventilation ...

thanks a ton..!!!!
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  • Originally Posted by RAJESHP
    Yes and people prefer such location and they prefer luxurious tanker water over ordinary PMC water. People stand in queue to making booking at such locations


    And still you believe RE prices going down in Pune???

    Even project near nallah, sewage treatment plant are selling like hot cakes, so how come good project's rate will come down:bab (34):
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  • Originally Posted by ash7979
    And still you believe RE prices going down in Pune???

    Even project near nallah, sewage treatment plant are selling like hot cakes, so how come good project's rate will come down:bab (34):


    Yes yes yes and yes:D
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  • Originally Posted by RAJESHP
    Yes yes yes and yes:D

    I like your confidence man...keep it up:D:D:D

    As we are getting good monsoon this years, so just see the fun during this festive season & later on...Now next year you have go further 2 kms out from Pune to buy flat in your budget...Dont believe me, Mark my words & speak with me on 9th aug,2011:D:D
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  • Ashish,

    I have heard that PMC water connection is available there....have not checked it myself.

    However I am personally not too worried about water supply. I stay very close to food bazar in Baner and my society was mainly dependent on tankers and bore well for 6-7 years before full fledge water connection came couple of years ago. We never felt the shortage of water at anytime.

    This is important but when I look at a project, I will not break my deal for this during these times when we know that many societies have alternate source of water arranement. Well if there is a comparison with similar project with PMC water then definitely I will buy where water connection is there. But would not rule out a project just for water connection.

    Again this is my personal view. To me the main issue with Nandan Prospera is the rate.

    Cheers,
    Birendra.
    Originally Posted by ash7979
    As unusual very nice post Birendra...

    But you forgot to mention a very important Amenity "PMC Water Supply"( Yes PMC water supply is really a big Amenity these days), do they have PMC water connection???

    It Pity that even after spending a 1 Cr Rupees, people has to depend to Water tanker..what are we building in India????...I feel that we have very big problem here about managing our cities:bab (45)::bab (45):
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  • Originally Posted by realacres
    Coming back to Nandan Prospera:-

    The adjoining plot is reserved for Dehoused project, similar to the lines of Slum Rehab project. Imagine paying 1Cr & staying adjoining a slum.

    * Now some may say that slum dwellers are people, we should not think only of the elite etc. but man when it comes to home, the neighborhood has to be neat. I would not like to see drunkard fallen in front of compound gate & I am not talking about the BAI. Hope you got the point.


    Hi realacres, can u pls elaborate more on d plot alloted for dehoused project??whch one is it?? Ur reply came just in time wen i ws abt t make a decision...thanks newaz...
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  • I am also interested in the impact of this dehoused project since one of my friends has booked it. It might be a deal breaker if LIG housing is made adjacent to such a HIG project
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  • Originally Posted by rameshyahoo
    I am also interested in the impact of this dehoused project since one of my friends has booked it. It might be a deal breaker if LIG housing is made adjacent to such a HIG project


    is it really true? tht too for a project with so called 7 star rating and costing close to 1 cr.

    Don't think even if it is planned, ii will actualize considering the high profile neighborhood around!!

    Newone : Listen to everything, but act as per ur own conscience!! The closer u get to ur decision, the more repulsive the product will look to you!!
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  • Originally Posted by chinmay686
    is it really true? tht too for a project with so called 7 star rating

    7 start rating is for construction quality..how crisil can assign rating based on future development near any project...
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  • Originally Posted by chinmay686
    is it really true? tht too for a project with so called 7 star rating and costing close to 1 cr.

    Don't think even if it is planned, ii will actualize considering the high profile neighborhood around!!

    Newone : Listen to everything, but act as per ur own conscience!! The closer u get to ur decision, the more repulsive the product will look to you!!


    thanks Chinmay, you're right.... its just that putting in so much money.... anyone would expect it to be worth a 'home' .... if not anything else like investment, profit etc etc......
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  • Originally Posted by ash7979
    7 start rating is for construction quality..how crisil can assign rating based on future development near any project...

    Ashish,

    Tht was sarcastic, not a fact :)

    ---Chinmay
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  • Originally Posted by chinmay686
    Ashish,

    Tht was sarcastic, not a fact :)

    ---Chinmay


    Here is link for criteria for rating, you read yourself & let me know where that where they have written that rating also include surrounding development:

    crisil.com/...ratings.../ratings-real-estate-projects-methodology-criteria.pdf-projects-methodology-criteria.pdf-projects-methodology-criteria.pdf-projects-methodology-criteria.pdf-projects-methodology-criteria.pdf
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  • Originally Posted by ash7979
    Here is link for criteria for rating, you read yourself & let me know where that where they have written that rating also include surrounding development:

    www.crisil.com/...ratings.../ratings-real-estate-projects-methodology-criteria.pdf


    yes sir..i got it in ur previous post itself :) ...think u missed out reading on my post before posting this one!!

    What i meant is, how can CRISIL actually assign a rating overlooking, something as basic a parameter as this!! This rating is losing the practical significance by doing so!!
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  • The adjoining land has been reserved by PMC for constructing houses for dehoused people, similar to SRA.

    Chinmay, is the builder going to guarantee that no such scheme will come up?? Man, it is there not only in DP plan but check out even satellite maps, & you will find it. Aditya Garden City too is not a cheap project but SRA, slum rehab project is bang behind it as abeer pointed out. Btw, I don't understand why you always oppose the views man, I know you are a RE bull, but this is not related to price but neighborhood.

    Our work is to provide info, use it or dump it, as simple as that. Those who are interested in this area, I suggest that let the DP plan be sanctioned first & then buy else you may end up spending INR 1Cr for slum view. Ofcourse, those looking at central areas need not worry about DP as it is only for 23 merged villages.
    Originally Posted by newone
    Hi realacres, can u pls elaborate more on d plot alloted for dehoused project??whch one is it?? Ur reply came just in time wen i ws abt t make a decision...thanks newaz...
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  • Originally Posted by realacres
    The adjoining land has been reserved by PMC for constructing houses for dehoused people, similar to SRA.

    Chinmay, is the builder going to guarantee that no such scheme will come up?? Man, it is there not only in DP plan but check out even satellite maps, & you will find it. Aditya Garden City too is not a cheap project but SRA, slum rehab project is bang behind it as abeer pointed out. Btw, I don't understand why you always oppose the views man, I know you are a RE bull, but this is not related to price but neighborhood.

    .


    Real : I am not a RE Bull or BEAR- i prefer myself to be termed as a rational buyer!! I think there is a value buy price attached to any project, and that is my own calculations, not sure if it is right or wrong!! I won't pay even a single paisa more than tht...I have my own set of considerations while i evaluate a project for purchase and tht is strictly MY VIEW!! I don't think everyone evaluates it the same way only!!

    e.g : PS at 3500 psf is a complete NO-NO, but a deal around 2700-2800 psf - may be i will go for it!! I know there are folks who might stick to 2000 psf as a value buy in there citing enuf articles and explanations - but I really don't CARE!! I should be happy with my purchase of 2700 psf even if the prices go down to 2000 psf also, in case of DIWALI 2011 or next recession in 2012!!!Hope that clarifies..

    Regd the issue mentioned, i think i hv been completely misunderstood..When did i oppose the views man? Opposing means saying there is no rehab and all izz well, which i really did not proclaim!! Infact I have no idea if this Rehab thing is there in a DP plan or not!! Neither I will bother to check it, since Nandan is not my kind of project as per my budget/requirement..

    What really astonished me is how can a builder actually launch a high luxury project in the vicinity of such a proposed demography!! Hard to believe, they don't know about it...If they know, i think they can change the DP plan, shouldn't be a problem if they want to spare some money for PMC or the babus involved :) -

    but if they are duping the customers, i can only pity on folks who have bought it and have no clue about it!! I don't think this project is even worth looking at in the midst of a Slum Rehab Center...
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  • Originally Posted by chinmay686
    Real : I am not a RE Bull or BEAR- i prefer myself to be termed as a rational buyer!! I think there is a value buy price attached to any project, and that is my own calculations, not sure if it is right or wrong!! I won't pay even a single paisa more than tht...I have my own set of considerations while i evaluate a project for purchase and tht is strictly MY VIEW!! I don't think everyone evaluates it the same way only!!

    e.g : PS at 3500 psf is a complete NO-NO, but a deal around 2700-2800 psf - may be i will go for it!! I know there are folks who might stick to 2000 psf as a value buy in there citing enuf articles and explanations - but I really don't CARE!! I should be happy with my purchase of 2700 psf even if the prices go down to 2000 psf also, in case of DIWALI 2011 or next recession in 2012!!!Hope that clarifies..

    Regd the issue mentioned, i think i hv been completely misunderstood..When did i oppose the views man? Opposing means saying there is no rehab and all izz well, which i really did not proclaim!! Infact I have no idea if this Rehab thing is there in a DP plan or not!! Neither I will bother to check it, since Nandan is not my kind of project as per my budget/requirement..

    What really astonished me is how can a builder actually launch a high luxury project in the vicinity of such a proposed demography!! Hard to believe, they don't know about it...If they know, i think they can change the DP plan, shouldn't be a problem if they want to spare some money for PMC or the babus involved :) -

    but if they are duping the customers, i can only pity on folks who have bought it and have no clue about it!! I don't think this project is even worth looking at in the midst of a Slum Rehab Center...


    Making changes in the DP and removing the slum rehab projects is not an easy task even for the builders. (unless the builder is as powerful as Avinash Bhosle). Ideally, the buyer should always make sure about the developments in the neighboring plots. It is the buyer's responsibility. These days, the DP maps are available online and the DP clearly shows these projects.
    As Real has said, a similar project has come up next to Garden City. The people who have purchased flats in the last row (facing this project), have suffered. These people had bought the flats thinking that they would get "Hill view". The reality is that today they can't even open their balconies. However, for the people whose flats are in the other buildings OR are facing inwards (Garden View) in the last row, there is no problem due to this SRA project.
    So if you are keen on buying in this project and don't want the views of SRA project from your balcony, make sure that you book a flat facing inwards.
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