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Which are new 2bhk,3bhk projects at baner and balewadi

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Which are new 2bhk,3bhk projects at baner and balewadi

Last updated: June 26 2011
17 | Posts
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  • #11

    #11

    Re : Which are new 2bhk,3bhk projects at baner and balewadi

    Originally posted by UncleScrooge View Post
    Not a bad idea if your company has work from home facility. Remaining 80L will buy you a lot of return air tickets for occasional visits.
    The topic of discussion is not shifting to other place. The topic is unreasonable price being demanded for flat with a bad infrastructure around in contrast to the less price at a place with very good infrastructure. The question is why so high price? Do we have such a scarcity of land ?
    Are we at such a high growth area ? Why do we have to pay a unreasonable price to stay just because we earn here ? I think it doesn't make sense.
    And for investment purpose it certainly doesn't make sense when you can buy a good product at less price elsewhere.

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    • #12

      #12

      Re : Which are new 2bhk,3bhk projects at baner and balewadi

      This is very typical all topics lead to whether pune prices are reasonable or not :-)

      Originally posted by HemantDesh View Post
      The topic of discussion is not shifting to other place. The topic is unreasonable price being demanded for flat with a bad infrastructure around in contrast to the less price at a place with very good infrastructure. The question is why so high price? Do we have such a scarcity of land ?
      Are we at such a high growth area ? Why do we have to pay a unreasonable price to stay just because we earn here ? I think it doesn't make sense.
      And for investment purpose it certainly doesn't make sense when you can buy a good product at less price elsewhere.

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      • #13

        #13

        Re : Which are new 2bhk,3bhk projects at baner and balewadi

        Originally posted by vinod bijlani View Post
        This is very typical all topics lead to whether pune prices are reasonable or not :-)
        Isn't it true?

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        • #14

          #14

          Re : Which are new 2bhk,3bhk projects at baner and balewadi

          Prices are high and i think there is no debate about that.

          but there are many other reasons:
          1. most of the people want to live in thier own house.
          2. many of us had inherited a lesson that real estate investment is the best option (and all of us dont question, many of us directly believe - although if u see last 20 year real estate did had generated return). Still equity investment is taboo.
          3. builders use to take loan (althogh at high rate when compared with buiders from developed countries where credit is cheaply available) and apportion for higher profits post interest payment. this shoots up the price and whatever rate hike RBI does doest have the necessary affect on ground except that on the share price of the real estate stock (downward) and bank stocks (upward - increased loan book and still number of defaults in most of the bank is within limits)
          4. there is lot of black money in the market. Even people with large following doesnt able to make it a big point of discussion (i wont like to discuss the right way of doing that) , so forget about the common man.
          4. india has a large popution and still the housing industry is not able to fulfill the demand.
          with growth in earning and need to work for extended working hours amidst poor infra , people tend to stretch thier financial risk taking capability to live close to thier work place and other benefits.


          i had seen seen debate from last one year about high real estate prices, seen reasonable number of rate hikes from RBI, tanking realty stock prices but still on ground baner balewadi rates are in excess of 3500, much beyond the reach of normal person

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          • #15

            #15

            Re : Which are new 2bhk,3bhk projects at baner and balewadi

            There are 6300 people per sq.km living in HONGKONG where as we have 17500 people per sq.km living in PUNE hence the rates. The corrupt politicians, bureaucrats and non participation of educated class in politics are the reasons for poor development.

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            • #16

              #16

              Re : Which are new 2bhk,3bhk projects at baner and balewadi

              Originally posted by anildc View Post
              There are 6300 people per sq.km living in HONGKONG where as we have 17500 people per sq.km living in PUNE hence the rates. The corrupt politicians, bureaucrats and non participation of educated class in politics are the reasons for poor development.
              By this logic Bangladesh should be the costliest RE market in the world.

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              • #17

                #17

                Re : Which are new 2bhk,3bhk projects at baner and balewadi

                Here the buying power of people comes into the picture..beacause of IT boom in India for last few years buying power has increased in India which affects adversely to the non IT guys..And i dont think Infra really plays a big role in this inflated prices..

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                • #18

                  #18

                  Re : Which are new 2bhk,3bhk projects at baner and balewadi

                  Originally posted by UncleScrooge View Post
                  By this logic Bangladesh should be the costliest RE market in the world.
                  LoL!! Now that was hilarious!!!

                  Having lost a property to another buyer (because of indecision) today, this really brought smiles to me!

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