Well Most developers in Pune never deliver what they promised at the time of sale. Some don’t even delivery even 2 yrs of promised completion date. But then there are some projects/ developers who have delivered as promised. We should give credit to those developers’ who have gone out of the way and have built some quality houses in Pune.

I would Paranjape has done good job in Aundh.
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  • Originally Posted by realacres
    Good points man :), here are 2 more:-

    7. Should launch the project only after all the sanctions are in place from concerned bodies.

    8. There should not be any alteration with the layout or floor plan & if at all required in worst condition, it should be only after the consent of the existing buyers.


    9. One who do not lure buyes on the thing called 'PROPOSED' or Annex of Annex :)
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  • What about Shobha Developers; I believe they are originally from Bangalore but now working in Pune also; but cost of their flats is always above 60 lakhs:bab (45):
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  • Originally Posted by realacres
    Good points man :), here are 2 more:-

    7. Should launch the project only after all the sanctions are in place from concerned bodies.

    8. There should not be any alteration with the layout or floor plan & if at all required in worst condition, it should be only after the consent of the existing buyers.


    I think all the following points could be taken care of by the mere fact if the builder is here to protect the interest of his customers, of course not at the cost of profits!!The very first dictum of service industry (if we have to put RE into this bracket!!)..

    sadly, not many in Pune, actually do so..if they do, i haven't heard and experienced so! In an unstructured environment, full of unprofessional people (Uneducated most of the times :))--it is foolhardy to expect so..but can expect someone to pay attention to such factors going forward!!

    There are many start ups getting to RE, some of the renowned names are already there!!They haven't made it too big, bocs they have been deprived of land in premium locations primarily cos of political clout, hindrance to transparent transactions etc!!I think it is not far, when such firms make it big and force all the others to follow the suit!!
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  • If we all agree we can not find any good , honest builder and projects...why we have such threads...:bab (45):
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  • i too like kirti..mentioned in the other thread..they were very good even when i cancelled a plot with them..

    their sales guy ajay gaikwad..very nice guy..very responsive..and owner unnikrishnan..looks ethical and ploite in his interaction..

    Originally Posted by realacres
    Yes, one of my friend has farmhouse plot in Kirti Greens & is happy with the builder. However, as you rightly said, they are more into plotting than constro...don't know why?? Yes, one of my friend has farmhouse plot in Kirti Greens & is happy with the builder. However, as you rightly said, they are more into plotting than constro...don't know why??
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  • Originally Posted by Jitu_Sir
    Dear realacres,
    We are also in search of some good plots in the above mentioned areas. Moreover we had given an advertising for the same in sakal property today. Let's see what works out. Presently we are planning for other plots rather than PH3. If something comes up then IREF members will be the first to know this. :)

    He must have got his possession by this time. If he still accesses this forum then he must submit his feedback.


    Jitu_Sir,

    Time & again, we have said, if the builders start doing business with honesty & complete transparency and try to earn decent profit margins -- from the RE (hen laying en eggs), each year, its WIN-WIN for both consumer and builder.

    In Pune & some other cities as well - specially in West and North India, builders are trying to kill the "hen laying en eggs" in search of a booty of profits --- this doesnt sustain for more than 1-2 years.

    We are in that circle where - the price is right - there are many loopholes, if the price is wrong - but are less loopholes but still there is some headache...

    NO PROJECT IN PUNE CAN DECLARE -- MY PRICE IS RIGHT + NO LOOPHOLES (ZERO HEADACHE)
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  • Originally Posted by pcpune

    NO PROJECT IN PUNE CAN DECLARE -- MY PRICE IS RIGHT + NO LOOPHOLES (ZERO HEADACHE)

    Dear pcpune,
    As far as our project 'Samrajya' is concerned I think it satisfies both the conditions.
    Our pricing is reasonable while our product & service is upto the mark. This is based on the market survey and feedback reports.
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  • Good Days for RE & Buyers are coming

    Based on my understanding, I strongly feel that there will be massive change in RE in next 5 years. I see more professional players entering this sector, infact I spoke with a the director of a MNC firm who are currently into Engg & Power & they said that they have big plans for Realty & Infra. Man, trust me when these players will come in, all the scorpio chaps, Goel Gangas etc. will simply disappear. You will soon see a corporate lifestyle in RE:).

    Btw, these scorpio chaps are banking on NCP & I don't think NCP will survive for long:).
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  • Originally Posted by realacres
    Based on my understanding, I strongly feel that there will be massive change in RE in next 5 years. I see more professional players entering this sector, infact I spoke with a the director of a MNC firm who are currently into Engg & Power & they said that they have big plans for Realty & Infra. Man, trust me when these players will come in, all the scorpio chaps, Goel Gangas etc. will simply disappear. You will soon see a corporate lifestyle in RE:).

    Btw, these scorpio chaps are banking on NCP & I don't think NCP will survive for long:).


    Do u think Corporate culture contains clean persons......they will be better than Scorpio but don't think that will help enduser much....
    As corporate culture is all about running behind profit....

    NCP will not survice....but then NCP workers will enter some other party...and the show will go on
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  • Originally Posted by kothrud_pune
    Do u think Corporate culture contains clean persons......they will be better than Scorpio but don't think that will help enduser much....
    As corporate culture is all about running behind profit....

    Profit is the main intention to start a business, no one is here to do any charity but in case of corporates atleast the interest of shareholders & customers is protected. Eg. Toyota recalled almost half million vehicles to replace some faulty parts, No_kia recalled for changing the battery, ever seen such things in non-corporate orgs??

    NCP will not survice....but then NCP workers will enter some other party...and the show will go on

    Here is the simple thing why RE won't be high on the list:- When Pawar is out, the chelas will have to work based on other parties interest. When the big boss of land scams is gone, why will anyone retain that mettle??

    Man, eliminate the generals, the soldiers will give up automatically :).
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  • Originally Posted by realacres
    Profit is the main intention to start a business, no one is here to do any charity but in case of corporates atleast the interest of shareholders & customers is protected. Eg. Toyota recalled almost half million vehicles to replace some faulty parts, No_kia recalled for changing the battery, ever seen such things in non-corporate orgs??


    Here is the simple thing why RE won't be high on the list:- When Pawar is out, the chelas will have to work based on other parties interest. When the big boss of land scams is gone, why will anyone retain that mettle??

    Man, eliminate the generals, the soldiers will give up automatically :).


    Hi Hopes realacres...I really dream to see those scenrios and en days in RE
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  • Originally Posted by amolkh5643
    Hi Hopes realacres...I really dream to see those scenrios and en days in RE

    Amol, till then happy-renting :D
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  • Originally Posted by Jitu_Sir
    Dear pcpune,
    As far as our project 'Samrajya' is concerned I think it satisfies both the conditions.
    Our pricing is reasonable while our product & service is upto the mark. This is based on the market survey and feedback reports.

    Well, Jitu_Sir, about the pricing - you can ask most of the people on the forum, they would agree its HIGH.Again its 3 stars out of 5.

    About tranparency, -- society conveyance,extra floors, possession delays --- all this are also a part of Samrajya -- hence I would say I would only give you 4 stars out of 5....

    So overall, 3.5/5 -- is NOT 100% for me atleast.
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  • Jitu,

    What exactly are you doing to make your offer VFM?

    As you know, only problem with your project is over pricing. I would suggest, reduce the rates. Sell fast... build fast.. exit fast.. this will lead to growth of your company.

    Pune builders should understand, they are not traders... they are developers/builders.
    If you concentrate more on trading of flats.. you will be only getting chindhi profits.. but never will grow to corporate size.

    Originally Posted by pcpune
    Well, Jitu_Sir, about the pricing - you can ask most of the people on the forum, they would agree its HIGH.Again its 3 stars out of 5.

    About tranparency, -- society conveyance,extra floors, possession delays --- all this are also a part of Samrajya -- hence I would say I would only give you 4 stars out of 5....

    So overall, 3.5/5 -- is NOT 100% for me atleast.
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  • Hi Jitu..

    Seems lot of people here like your project. I just want to know why is that in India Escrow account for property are not used by the developers. Having an escrow account only gives you guarantee that your money for off plan property will only be used for that paticular project and not to finance land purchase for another project.

    Shouldn't escrow account be made compulsory by the builders association as it will only protect the image of builders itself and also will give sense of security to the buyers. Countries like U.K have already made escrow necessary high we should also start thinking about it.
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