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Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

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Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

Last updated: April 15 2017
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  • Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

    What is the Best Project in and around Hinjewadi / comparison between - Life Republic, Megapolis, Blue Ridge or any other good township project. Has anybody done any comparitive study?
  • #2

    #2

    Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

    Please let me know your opinion as well.
    As far as my knowledge goes, Blue Ridge has its own advantage of being in Phase 1 considering the traffice situation nearer the better. Its rates are 4200+ With its SEZ operational its far ahead in terms of progress. I have started to see second sale (unused ofcourse) for the latest possession given.
    Life Republic is towards Marunji and has been hyped place for past 6 yrs saying this will be the fastest growing area in Hinjewadi but its yet to get converted in RZONE. People specially from Mumbai have done major investments around the area in plots where there are no second sales but only builder sales. The rates last I heard are 3600 psf
    Megapolis is comparable to Blue Ridge in terms of amenities etc but only disadvantage I see if you are looking for investment purpose is they are planning to have 1-2 towers for service apartments so why would anyone go for rentals in that area.

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    • #3

      #3

      Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

      What is the potential price appreciation for life republic on completion ?? I beleive they are charging 3500 psf as of today ..

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      • #4

        #4

        Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

        Originally posted by girishkukreja View Post
        Please let me know your opinion as well.
        As far as my knowledge goes, Blue Ridge has its own advantage of being in Phase 1 considering the traffice situation nearer the better. Its rates are 4200+ With its SEZ operational its far ahead in terms of progress. I have started to see second sale (unused ofcourse) for the latest possession given.
        Life Republic is towards Marunji and has been hyped place for past 6 yrs saying this will be the fastest growing area in Hinjewadi but its yet to get converted in RZONE. People specially from Mumbai have done major investments around the area in plots where there are no second sales but only builder sales. The rates last I heard are 3600 psf
        Megapolis is comparable to Blue Ridge in terms of amenities etc but only disadvantage I see if you are looking for investment purpose is they are planning to have 1-2 towers for service apartments so why would anyone go for rentals in that area.
        Agreed with GirishKukreja on views about these townships.
        One more township "Kul Ecoloch" is coming up in mahalunge and it is just opposite to Blue ridge towards other side. The Pavana river is a separation in b/w these two townships. I have visited all these four townships and all of these have prons and cons. I have found Blue-Ridge and Kul Ecoloch good from connectivity to nearby areas like Wakad, Baner, etc. Kul Ecoloch has a good connectivity with Baner and it is around 2 kms off Balewadi Stadium. The Kul builder is claiming to build a bridge from Kul Ecoloch to his IT park coming up near Blue ridge and there is one more MIDC bridge coming up connecting Balewadi to Hinjewadi phase-I which would make Blue ridge and Kul Ecoloch well connected with Baner and Hinjewadi respectively. Not sure all these things are in paper or not but he is telling this to all the visitors since past one year. Megapolis and Life Republic are way inside from mumbai-pune highway around 9 kms whereas the Blue-ridge and Kul Ecoloch is 3 kms. As per the location of Megapolis and Life Republic, the prices being offered are way high then other townships. As of Now, Blue-ridge is offering 4400psft and Kul Ecoloch is offering 3600psft. You can go through threads of all these townships for prons and cons.

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        • #5

          #5

          Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

          I would like to revive this thread as in the past one year, I have seen a pretty good response to the township projects. The appreciation has been good considering that all these townships are in the outskirts, away from the city.

          Typical mindset of people has always been that you have to be in a city to take advantage of all necessary amenities. But the townships concept has made people rethink about this same mindset & the new generation has ventured into living in the suburbs. This may be new concept in India but is very common in other countries, though you hardly find townships there but people mostly want to move away from the city chaos.

          Yes, there are pros and cons of every township. But if we have to discuss the Hinjewadi townships, then a big factor that people forget is that these townships are at the mercy of city's development plans which do affect the lifestyles of people living in those townships. Looking at all these townships coming up in Hinjewadi, I can only say that it is good for investment. Each township will benefit because of the other as more occupancy in this region will help in the development of that region.

          BTW, there is another township that has come up. It is called 'Xrbia'. I don't have much information about it but maybe someone can post an update.

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          • #6

            #6

            Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

            Rate per sq ft on Carpet

            It would be great if we can do the comparsion of the current per sq ft rates on carpet for all these townships..This is calculated by taking the total agreement value and dividing it by the carpet area of the flat. Rates for the 1st floor for a 2 BHK can be given to understand the base price:

            I'll begin with providing what I know of:

            Megapolis -
            Smart Homes: 5517 per sq ft on carpet
            Premium Homes: 6007 per sq ft on carpet (Have heard rumors of new phase being launched - might or might not be at the same rate as seen currently)

            Request other forum members to provide details for townships in Hinjewadi that they might have details for..

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            • #7

              #7

              Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

              good thread for people who wants to buy in hinjewadi.

              my view on these townships as i've seen all of them since their launching/prelaunching...

              blue ridge: 1st out of all. much ahead in terms of progress. quality of construction seems good. price is high compare to others. going to wakad, aundh is easy thru wakad hinjwadi road. ofcourse hjw is well connected.

              kul ecoloch: very well connected to baner (if builder improves road from stadium till township). well connected to city, kothrud thru highway. very well connected to hinjewadi (if builder constructs bridge b/w township and his SEZ). quality of construction and overall layout seems poor compare to blue ridge, LR and megapolise - i may be wrong though here. doesn't appear premium.

              megapolise: far inside hinjwadi. ofcourse well connected to hjw phase 3, phase 2 and phase 1 also. was started at cheap rate but now demanding higher rates.

              LR: good brand name, very good marketing. looks premium. ok connectivity to hjw and city areas.

              ultimately lot depends on rate...

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              • #8

                #8

                Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

                n my view on xrbia is - well actually it's not worth a review...
                or in 1 word - chawl

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                • #9

                  #9

                  Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

                  I believe Kul Echoloch has benefits of its location only. Construction quality is poor. Work progress is also very poor. Plans are not good. Too many complaits. No value for money.

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                  • #10

                    #10

                    Re : Best Project in and around Hinjewadi comparison between Life Republic Megapolis Blue Ridge or any other good township project

                    i'd add few more to list: eon homes in phase 3. crown green in phase 2.

                    eon homes seems premium, costly though. points for megapolise holds true for this as well.

                    no idea of crown green.

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