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Tracking RE Prices in Pune - Real Estate in Pune

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Tracking RE Prices in Pune - Real Estate in Pune

Last updated: March 16 2016
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  • #21

    #21

    Re : Tracking RE Prices in Pune - Real Estate in Pune

    Originally posted by rameshbende View Post
    Tracking prices based on project is not the way to go forward for finding out trend. Bcos there may not be flats available for sale in some projects after 6 months or 12 months. So only way you can track trend is based on price range in particular area like PS 3500- 4800 etc. And then again revisiting this range after sometime. Anyways these price ranges are available in times property so why bother wasting time.
    Yesterday my friend from mumbai inquired about K-P I V-EN on , and to my shock the SE quoted him 3500/- just because my friend told him that he is from mumbai and interested to invest in pune. Builder lobby is so crook...that at one moment they say something and at other another.

    Thats the reason why we need to keep TRACK of property price in pune, otherwise this lobby takes every buyer for granted and quotes as per their convenience.

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    • #22

      #22

      Re : Tracking RE Prices in Pune - Real Estate in Pune

      Originally posted by ydkcool View Post
      Yesterday my friend from mumbai inquired about K-P I V-EN on , and to my shock the SE quoted him 3500/- just because my friend told him that he is from mumbai and interested to invest in pune. Builder lobby is so crook...that at one moment they say something and at other another.

      Thats the reason why we need to keep TRACK of property price in pune, otherwise this lobby takes every buyer for granted and quotes as per their convenience.
      Everybody in business will take advantage, especially RE which is emotion-driven, non-transparent and unregulated.

      Yesterday went to buy Chitale Srikhand. Shop quoted 40Rs, paid only MRP of 38Rs. How many bother to check MRP?
      Prospective buyers (end-users/investors), pls check the going rent in the area to find actual demand rather than hearsay.

      From my experience would like to see property in flesh before committing. Sample flats are to fool people. You will find builder like Goel-Ganga (Sparsh,Undri) not even good at making sample flat

      Irrespective of market conditions, quoted (inflated) rates are negotiable
      One should be patient & prepared to walk-out the deal if found unreasonable.
      Last edited July 2 2011, 09:21 AM.

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      • #23

        #23

        Re : Tracking RE Prices in Pune - Real Estate in Pune

        This is excellent thread.
        It would help to post the approximate possession dates as well for the given rates. It would give a better picture.
        For eg. I asked in Petals and the possession date is in 2013. (Rates around 3800/- not bargained much)

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        • #24

          #24

          Re : Tracking RE Prices in Pune - Real Estate in Pune

          Brilliant work guys - this price comparison is very helpful indeed. So, looking at the ongoing market rate in Pune, 3,500 - 4,700 looks like the average range to me; given this, would it make sense to invest in Colte Patil's I-Ven township - guess the booking rate is circa 2,700 may be because it's still in pre-launch phase?

          I am based in London and actively looking to invest in Pune RE market. Any advise would be much appreciated.

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          • #25

            #25

            Re : Tracking RE Prices in Pune - Real Estate in Pune

            Originally posted by Kamles View Post
            Baner :
            Crimson Dale - 4400
            Albacitta - 4000
            Sara/Balaji Generosia - 4200
            Regency Cosmos - 5500
            Montage Lagoon - 5500
            Pride Platinum - 4250
            Silver Moon - 4500
            Yuthika - 4700
            Crystal - 5600
            Other side of Highway :
            Rohan Leher - 4200
            Crest Avenue/DSK - 4500
            Supreme Estado - 4250
            Tiera Viva - 4200
            Green Zone - 4000
            Teerth Towers - 3800
            Balewadi:
            Comfort zone/Palladion/prakriti/Bravuria/Kool Homes/Vatika Homes/DSK - 4500
            Park xpress - 4250
            Golden Trellis - 4400
            Marvel Cascada - 5000
            Windsor residency - 4700
            Baner-Pashan Link road:
            Felicita - 4800
            Felicia/Mont Vert Belrose - 4500
            Kumar Peninsula - 5500
            Pimple Saudagar:
            GK Sun crest - 4400
            Rose icon - 4200
            Sai Vision/ambeince - 4200
            Royal Imerio - 4200
            Wakad:
            Kalpataru Harmony/Splendour - 3700
            Atul's Paradiso - 3500
            Park Titanium - 4000
            Bavdhan:
            Rohan's Ishan/Eva - 3800
            Pebbles - 4200
            Kool Homes - 4200
            Rates of all the projects mentioned above were 400-500Rs less (Minimum..for few it was almost 700-1100Rs less) than the one's being quoted now just 5-6 months back. NEGOTIATE HARD!! as these rates have been artificially jacked up to create panic amongst buyers.

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            • #26

              #26

              Re : Tracking RE Prices in Pune - Real Estate in Pune

              Few quotes I got last week..

              Ozone villa Wagholi (Ravi Raj group) -- 2800
              Gulmohar Queenstown Kharadi -- 4000
              Everglade Kharadi -- 3700
              Kumar Primivira Wadgaon sheri -- 3700
              Konark Eureka Wadgaon sheri -- 4100
              Last edited July 3 2011, 01:22 AM. Reason: typo..
              Nitin

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              • #27

                #27

                Re : Tracking RE Prices in Pune - Real Estate in Pune

                Originally posted by Neo007 View Post
                Rates of all the projects mentioned above were 400-500Rs less (Minimum..for few it was almost 700-1100Rs less) than the one's being quoted now just 5-6 months back. NEGOTIATE HARD!! as these rates have been artificially jacked up to create panic amongst buyers.
                NEGOTIATE HARD!! people here (like me) might not be knowing techniques...
                but yesterday went to i-ven (my 2nd visit, this time with couple of more friends) met same SE, said 3 of us are booking any discount in rate. He said from CTS 40 people have done group booking, still we have not given single penny discount. Any CTS guy here can confirm.
                Still i will not be calling myself, waiting them to call...(dnt know whether this will work)
                Any other techniques for negotiation... final aim reduction in price.
                Also ppl who have enquired about i-ven, is this project really in demand and bookings of towers (which are opened for booking) are 80% done.
                Good part is rates are still same 2800/-
                Last edited July 4 2011, 12:02 AM.

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                • #28

                  #28

                  Re : Tracking RE Prices in Pune - Real Estate in Pune

                  Prizes are increasing just because of investors and not actually home-seekers. If you look in reality, nearly 40% houses are empty without any tennants.
                  Only black money and hype is preventing RE market from failing.

                  So just wait guys, this is gonna fall soon.
                  Roshan Rasane
                  Pune

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                  • #29

                    #29

                    Re : Tracking RE Prices in Pune - Real Estate in Pune

                    Yes I think it is right as I could see in Wakad area while returning from office that only around 20% flats looked occupied (either by tenants or owners) as there is no light observed in remaining around 80% of the flat. It seems like more than 60% flats are in control with Investors. Individual investors may get into trouble if they don't sell their flats now.

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                    • #30

                      #30

                      Re : Tracking RE Prices in Pune - Real Estate in Pune

                      Petals (Wakad) is quoting 3750/- with 25 rs. floor rise from 4th floor.
                      But my friend negotiated hard and booked 3 bhk (1240 sq. ft. on 8th floor) at ~3700/- without any floor rise. The entire cost is 53 lacs

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