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Blue Ridge - 1BHK "Slim Fit" apartments

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Blue Ridge - 1BHK "Slim Fit" apartments

Last updated: April 29 2013
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  • Blue Ridge - 1BHK "Slim Fit" apartments

    Blue Ridge - 1BHK "Slim Fit" apartments launched today.

    Some observations/queries I have:

    1. Flat layout: No balcony, cramped internal space. Shared wall.
    a. Some flats are actually "studio type". No closed bedroom.
    b. Huge common passage, railway bogie like layout.
    2. Who is the target buyer?
    3. What will be the approx monthly maintenance?
    4. As an investor:
    a. Will there be any appreciation if any during resale?
    b. What will be “in-hand” rent after maintenance & property tax?
    5. 9 flats per floor, approx 20 floors/bldg, 5 buildings = 900 flats and Only one swimming pool & tennis court as amenities.

    Looks like SRS (Slum rehab scheme) to me.
  • #2

    #2

    Re : Blue Ridge - 1BHK "Slim Fit" apartments

    Their Ads are all over the radio since yesterday. Every 5-10 mins there is an Ad related to blueridge. It is so irritating.
    What is the area and cost BTW?

    Comment

    • #3

      #3

      Re : Blue Ridge - 1BHK "Slim Fit" apartments

      ravi karandeekar's blog has marketing info dump.

      Comment

      • #4

        #4

        Re : Blue Ridge - 1BHK "Slim Fit" apartments

        Originally posted by sno247 View Post
        Blue Ridge - 1BHK "Slim Fit" apartments launched today.

        Some observations/queries I have:

        1. Flat layout: No balcony, cramped internal space. Shared wall.
        a. Some flats are actually "studio type". No closed bedroom.
        b. Huge common passage, railway bogie like layout.
        2. Who is the target buyer?
        3. What will be the approx monthly maintenance?
        4. As an investor:
        a. Will there be any appreciation if any during resale?
        b. What will be “in-hand” rent after maintenance & property tax?
        5. 9 flats per floor, approx 20 floors/bldg, 5 buildings = 900 flats and Only one swimming pool & tennis court as amenities.

        Looks like SRS (Slum rehab scheme) to me.
        They are going MegaPolis way.
        Since BR homes are out of budget of IT people so now they introduced 1BHK scrap homes to loot average IT guys. I'm not going to consider this scrap and overprised project.

        Comment

        • #5

          #5

          Re : Blue Ridge - 1BHK "Slim Fit" apartments

          Whats the total cost of this 1 BHK

          Comment

          • #6

            #6

            Re : Blue Ridge - 1BHK "Slim Fit" apartments

            Originally posted by pnb_2k View Post
            They are going MegaPolis way.
            Since BR homes are out of budget of IT people so now they introduced 1BHK scrap homes to loot average IT guys. I'm not going to consider this scrap and overprised project.
            And only yesterday it was posted on this forum by fellow member how BR is only for people earning 1.5-2.5L/month, now if this is the case, why start such projects? This just means that the existing flats are not selling or the builder wants to have a SRA within BR.....housing for all from LIGs (50k/month) to MIG (2L/month), no HIGs here .
            If you are happy, you are successful.

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            • #7

              #7

              Re : Blue Ridge - 1BHK "Slim Fit" apartments

              Originally posted by realacres View Post
              And only yesterday it was posted on this forum by fellow member how BR is only for people earning 1.5-2.5L/month, now if this is the case, why start such projects? This just means that the existing flats are not selling or the builder wants to have a SRA within BR.....housing for all from LIGs (50k/month) to MIG (2L/month), no HIGs here .
              Additionally, you need to be really "slim" to "fit" in these flats!!

              Comment

              • #8

                #8

                Re : Blue Ridge - 1BHK "Slim Fit" apartments

                571 sqft flat costs 23L+. Go grab them before they sell out like hot cakes over this weekend

                Comment

                • #9

                  #9

                  Re : Blue Ridge - 1BHK "Slim Fit" apartments

                  Like 'Rishta vahi, soch nayi',
                  it's 'Profits vahi, soch nayi' for Paranjape and Co..

                  Why can't they come done to reasonable profit margins like 40% to 50%.
                  A typical 2-Bhk would then cost just 12L to 15 L max in such a location.

                  And of which country a citizen you become (their ad of world class citizen) by staying in a 1-Bhk/0-Bhk slim flat?

                  Comment

                  • #10

                    #10

                    Re : Blue Ridge - 1BHK "Slim Fit" apartments

                    Originally posted by amit3011 View Post
                    Additionally, you need to be really "slim" to "fit" in these flats!!
                    Yeah, everyone is the family should get size zero fig., after all it is a brand which one carries around.

                    Btw, I am really fed of these ads in FM....& as my beloved Worldspace Satellite radio is gone, I have no option but to just shuffle these channels.

                    Man, how about buying 2 car park slots & staying in that rather than buying slim apartment?? More VFM + more area as well!!
                    If you are happy, you are successful.

                    Comment

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