Hi All ,

I hear that the Blue Ridge Phase II is not doing well. Anyone having any updates on this scheme? What is the possession date for phase II? Heard a lot of cancellations have been happening there any idea please update.

Thanks in advance.
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  • Wakad bridge expansion and other similar projects should be funded by PCMC and all the IT companies of Phase 1 combined and contracted out to private contractors with strict dead-lines ( with money-back guarantee etc.)......and..... after completion, they together should charge a toll....to recover the cost.
    On top of that, toll alone may encourage ride-sharing, use of alternate route and so on.

    This problem of traffic can be solved in a minute by putting market oriented solutions.
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  • Originally Posted by Baruch
    that Im sure that these greedy builders wont let happen

    I often wonder if these Hinjewadi township guys feed politicians for lack of infra so that people are forced to make choices...

    on the other hand....PCMC is just brilliant...its not as good as Delhi but still most of the roads/bridges are built pretty fast and have some future sense for expected traffic


    Please elaborate. I am not sure how Hinjewadi township guys stand to benefit by bad infrastructure. I thought better infra and good connectivity will make those township closer to Pune and lose the remoteness.

    Are you trying to say that as infra is bad, people who are tired of commute will end up buying in Hinjewadi itself? May be. However, I am finding it difficult to beleive that builders will gain much by lack of infra.
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  • Originally Posted by NG2012
    Please elaborate. I am not sure how Hinjewadi township guys stand to benefit by bad infrastructure. I thought better infra and good connectivity will make those township closer to Pune and lose the remoteness.

    Are you trying to say that as infra is bad, people who are tired of commute will end up buying in Hinjewadi itself? May be. However, I am finding it difficult to beleive that builders will gain much by lack of infra.


    if we had 8 lane road till Rakshak Chowk...I doubt how many would have bought in Hinjewadi

    most of the RE hoardings in Hinjewadi trying to leverage bad traffic as reason for buying in HJW

    beyond that I dont have any private info to substantiate this speculative thought...
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  • Originally Posted by NG2012

    Are you trying to say that as infra is bad, people who are tired of commute will end up buying in Hinjewadi itself? May be. However, I am finding it difficult to beleive that builders will gain much by lack of infra.


    That road mentioned in the link provided by brres is been in the talks for around two years. Even two years ago, there were talks of a road going from mahalunge to Nande to phase 3 (which I believe has been scrapped). KUL even talked about their own private bridge! Megapolis stands to lose big time if the road comes up sooner. It would really fire up Baner/Balewadi/Mahalunge, and even Sus.

    I am not sure which road from Balewadi to Hinjewadi are they talking about. As per another news report, it was supposed to go from Sus (have you seen some road widening near Sus bridge over highway? ) to Chande and then to Phase 3. Maybe it will go from Balewadi - Orchid hotel - Service road to Sus - towards Sus gaon (many scorpio chaps there) - towards chande - towards Phase 3.

    Will there be two roads to phase 3? Do municipal authorities have so much time and money? So many proposed roads, of which many will remain proposed for years.

    I had heard that Magarpatta got flyover at Solapur road delayed to jack up his prices.
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  • This is not rocket science. If you look at Google maps or any satellite image of Balewadi & Hinjewadi, the only sensible way to connect both the areas is via Mahalunge. That is because most of the infrastructure is already in place for both the areas - road extends past Balewadi stadium. On the Hinjewadi side, I believe the road will connect the Infosys circle. I think the problem is that this will be a joint venture between PMC, MIDC & Mulshi (especially because farm land is involved) & that is what will delay the start. When PMC has washed hands off Balewadi, how do you expect them to start working on this road.

    As far as Wakad-Hinjewadi road is concerned, the problem is now resolved. Traffic now flows smoothly as per Deputy commissioner of police (traffic) Vishwas Pandhare. I'm sure that some of the software professionals would love to take him for a ride when heading to their office in Hinjewadi. Anyways, read more below:

    Now, traffic flows smoothly in Pune's Hinjewadi - Pune - DNA
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  • All this stuff & no one buyer or BR bulls has answered to my queries about agreements issues in BR.
    Man, what view you see is not as important as getting good product in time.

    Superduper,
    Agree with you & about your parents. But now think this way. Your parents stay with you & are from Pune, how comfortable they would be ? For them, BR now is more like weekend home, but otherwise its not feasible.

    Those asking about other options than BR, man, come to Aundh for 1.3 Cr you will get nice flat. Yes, it won't have golf course view but then you are in Aundh & not in remote place called Hinjewadi.

    As said before, BR is good only for those where all the family members need not move out of Hinjewadi.

    Btw, what surprises me here is BR bulls are too aggressive, while buyers in Megapolis look more matured. Maybe this has to do with sales figs where Megapolis is getting better response than BR.

    Coming back, pls answer to the queries posted here :-

    http://www.indianrealestateforum.com/1027288-post2080.html
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  • Originally Posted by realacres

    Superduper,
    Agree with you & about your parents. But now think this way. Your parents stay with you & are from Pune, how comfortable they would be ? For them, BR now is more like weekend home, but otherwise its not feasible.



    RA sir,
    If a family is comfortable living in Pune there is absolutely no reason for them to leave their comforts and come to Blue Ridge.
    Agreed.

    But for end-users.....who want to move in from other cities, they don't have set friends and family in Pune.......they don't mind a little bit of satellite place especially if its closer to work....has got all the amenities, given some time will get social-infra, has less pollution-traffic right outside your gate, is in brand new organized township, wonderful schools nearby, fresh air, golf-views and is affordable.

    Investors who see the picture as end-users above....are also the ones booking the apt..at BR.
    Without worrying about every little detail...as long as big picture is OK ( again looking from other cities or from foreign countries)....investors would jump in.

    Those end-users who take all the details into account before buying, will only come in the picture several years later....when all the facilites and social infra will be in place and, at the same token prices will also have risen significantly.
    Investors happy.......also picky end-users happy.
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  • No offense meant to Mr DCP but I spent exactly 30 minutes ( 7:40PM to 8:10 PM) this evening to reach Wakad bridge from Wipro Circle.
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  • Originally Posted by Superduper
    RA sir,
    If a family is comfortable living in Pune there is absolutely no reason for them to leave their comforts and come to Blue Ridge.
    Agreed.

    But for end-users.....who want to move in from other cities, they don't have set friends and family in Pune.......they don't mind a little bit of satellite place especially if its closer to work....has got all the amenities, given some time will get social-infra, has less pollution-traffic right outside your gate, is in brand new organized township, wonderful schools nearby, fresh air, golf-views and is affordable.

    Investors who see the picture as end-users above....are also the ones booking the apt..at BR.
    Without worrying about every little detail...as long as big picture is OK ( again looking from other cities or from foreign countries)....investors would jump in.

    Those end-users who take all the details into account before buying, will only come in the picture several years later....when all the facilites and social infra will be in place and, at the same token prices will also have risen significantly.
    Investors happy.......also picky end-users happy.

    Superduper,

    Please don't call me SIR man. :o
    As far as people outside Pune are concerned, well many on IREF itself are from out of Pune & looking for flats in PS, Vimannagar etc. No one is asking to stay in some peth areas. Come to Aundh, or Bhoslenagar, nice place. The place where I stay has lot of people from outside Pune, but yes, not all are ITGs.

    I have already mentioned how my family doctor goes to play golf at Oxford at Sus. Then my friends dad is regular at Yerwada golf course, they stay at ICS Colony, SB marg.
    Coming to school, it is good to have school nearby but again aren't you limiting option of schools this way ? Same is the case with work, the moment you get good offer at EON or Persistent, Kothrud, what will one do ?

    For me, BR makes sense to rent as long as one is bachelor, & later shift to habitable areas of city where people from all walks of life stay. Note that townships benefits were given by Govt so that builder builds economical/affordable housing but with the prices here, why not buy at Aundh or proper Baner rd ? And whats the use of seeing golf when the moment you step out, there is nothing ?

    To me, I think from all perspectives, infra, connectivity, gentry, roads, transport, public services, shops etc.

    And yes, I know few industrialists who have their factory at Chakan MIDC but stay in Aundh. If proximity to work would be the case, they should be staying at Naiknavare Dwarka, Chakan :D.

    To me, residence should be in good residential area, no matter where you work.
    As far as investors are concerned, can't comment as I limit my views from end user customer only.
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  • Originally Posted by realacres

    Come to Aundh, or Bhoslenagar, nice place. The place where I stay has lot of people from outside Pune, but yes, not all are ITGs.


    When people talk about living in wakad. or aundh etc.. I think the forget what these places also were some years ago ( not too distant past ).


    Straight from wikipedia......

    Aundh is an affluent suburb in the North-West of Pune in Maharashtra, India. It was earlier known for its Chest Hospital. Now it is known for its posh localities . Since around mid-1990s it has developed significantly as a residential area with proximity to the University of Pune and one of the Software Technology Parks of India complex at Hinjewadi.
    Aundh can be divided into the old Aundhgaon and the newly constructed suburban areas. Famous Areas are Sindh Society, National Society, Parihar Chowk, Anand Park, Ashiyana Park, Gaikwad Nagar amongst many. All areas along the University road, after Governor house, up to Rajiv Gandhi Bridge on river Mula, across which is Sangvi (and the Aundh Chest Hospital) in one direction and Spicer college region to Baner comes under Aundh.


    in the late nineties, the Khinvasara family pioneered the area with extensive buying and developing lands. Today, the area has become one of the best and up-market areas in the city


    The residential real-estate prices in this area have seen a huge uptrend which has been largely driven by the demand coming from IT professionals as well as migrants from various parts of the country. Its proximity to the Mumbai -Pune express way and connectivity to Shivaji nagar, make it more preferable to reside than other parts of the city. Aundh also has become infamous for various modern and innovative places of recreation and indulgence


    I hope u understand what i am saying.. Aundh wasnt what it is today.. and the people who were buying property there.. must have also heard things.. like..
    "Arey crazy kya.. to buy near that gaon !! etc ... when probably koregaon park was more popular and more "residential"

    Today yes.. if i could afford BR type facilites at Aundh.. Of course Anyone would opt for it... No denying that..
    But why are people so hell bent on insisting that tomorrow Hinjewadi wont be just as developed as Aundh,, and by then.. something like BR will be a distant dream...

    Unless i buy a scorpio and put in a tender to build one of those proposed roads :P Today, the area has become one of the best and up-market areas in the city


    The residential real-estate prices in this area have seen a huge uptrend which has been largely driven by the demand coming from IT professionals as well as migrants from various parts of the country. Its proximity to the Mumbai -Pune express way and connectivity to Shivaji nagar, make it more preferable to reside than other parts of the city. Aundh also has become infamous for various modern and innovative places of recreation and indulgence


    I hope u understand what i am saying.. Aundh wasnt what it is today.. and the people who were buying property there.. must have also heard things.. like..
    "Arey crazy kya.. to buy near that gaon !! etc ... when probably koregaon park was more popular and more "residential"

    Today yes.. if i could afford BR type facilites at Aundh.. Of course Anyone would opt for it... No denying that..
    But why are people so hell bent on insisting that tomorrow Hinjewadi wont be just as developed as Aundh,, and by then.. something like BR will be a distant dream...

    Unless i buy a scorpio and put in a tender to build one of those proposed roads :P Today, the area has become one of the best and up-market areas in the city


    The residential real-estate prices in this area have seen a huge uptrend which has been largely driven by the demand coming from IT professionals as well as migrants from various parts of the country. Its proximity to the Mumbai -Pune express way and connectivity to Shivaji nagar, make it more preferable to reside than other parts of the city. Aundh also has become infamous for various modern and innovative places of recreation and indulgence


    I hope u understand what i am saying.. Aundh wasnt what it is today.. and the people who were buying property there.. must have also heard things.. like..
    "Arey crazy kya.. to buy near that gaon !! etc ... when probably koregaon park was more popular and more "residential"

    Today yes.. if i could afford BR type facilites at Aundh.. Of course Anyone would opt for it... No denying that..
    But why are people so hell bent on insisting that tomorrow Hinjewadi wont be just as developed as Aundh,, and by then.. something like BR will be a distant dream...

    Unless i buy a scorpio and put in a tender to build one of those proposed roads :P Today, the area has become one of the best and up-market areas in the city


    The residential real-estate prices in this area have seen a huge uptrend which has been largely driven by the demand coming from IT professionals as well as migrants from various parts of the country. Its proximity to the Mumbai -Pune express way and connectivity to Shivaji nagar, make it more preferable to reside than other parts of the city. Aundh also has become infamous for various modern and innovative places of recreation and indulgence


    I hope u understand what i am saying.. Aundh wasnt what it is today.. and the people who were buying property there.. must have also heard things.. like..
    "Arey crazy kya.. to buy near that gaon !! etc ... when probably koregaon park was more popular and more "residential"

    Today yes.. if i could afford BR type facilites at Aundh.. Of course Anyone would opt for it... No denying that..
    But why are people so hell bent on insisting that tomorrow Hinjewadi wont be just as developed as Aundh,, and by then.. something like BR will be a distant dream...

    Unless i buy a scorpio and put in a tender to build one of those proposed roads :P
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  • Originally Posted by brres13

    I hope u understand what i am saying.. Aundh wasnt what it is today.. and the people who were buying property there.. must have also heard things.. like..
    "Arey crazy kya.. to buy near that gaon !! etc ... when probably koregaon park was more popular and more "residential"

    Today yes.. if i could afford BR type facilites at Aundh.. Of course Anyone would opt for it... No denying that..
    But why are people so hell bent on insisting that tomorrow Hinjewadi wont be just as developed as Aundh,, and by then.. something like BR will be a distant dream...

    Unless i buy a scorpio and put in a tender to build one of those proposed roads :P


    The problem with such remote projects is that the rate they are quoting seems high compared to the third class infrastructure which such remote areas offers. Also the golden rule of investments is that: past performance is not an indicator of future performance. So just because Aundh worked out doesn't mean hinjewadi will work out as well. for all we know, hinjewadi could be ghost towns like those in china.

    what troubles me that the prices quoted in hinjewadi are not based on fundamentals but on pure speculation that hinjewadi is going to be the next bombay!

    China's Ghost Cities - YouTube
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  • Originally Posted by ThodiSiZamin
    The problem with such remote projects is that the rate they are quoting seems high compared to the third class infrastructure which such remote areas offers. Also the golden rule of investments is that: past performance is not an indicator of future performance. So just because Aundh worked out doesn't mean hinjewadi will work out as well. for all we know, hinjewadi could be ghost towns like those in china.

    what troubles me that the prices quoted in hinjewadi are not based on fundamentals but on pure speculation that hinjewadi is going to be the next bombay!

    China's Ghost Cities - YouTube


    Nothing wrong in waiting if you are not sure of the outcome.
    You just need to know that you will pay the price for that surety you are seeking.
    People who buy today in Aundh are paying that price....
    Nothing wrong in being extra sure when you are making the biggest investment of your life time.

    And one more thing......
    You can forget about the Ghost Town....
    Blue Ridge is on its way to becoming a thriving, vibrant and yes, a very diverse community.

    But no harm in waiting....if you are not comfortable.
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  • Originally Posted by realacres

    Those asking about other options than BR, man, come to Aundh for 1.3 Cr you will get nice flat.


    Which society ? 2bhk or 3bhk ? Old or new flat ? Builder flat ? 10 year old ?

    1.3 cr for 1700 psf in Aundh with a society having basic amenities like swimming pool, club with gym, pool table, TT etc ? Am I missing thing ? I hope you are not talking about Chakan ?
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  • Originally Posted by realacres
    Superduper,

    And yes, I know few industrialists who have their factory at Chakan MIDC but stay in Aundh. If proximity to work would be the case, they should be staying at Naiknavare Dwarka, Chakan :D.



    again wrong analogy...first of all Industrialists can buy anywhere...but yes your statement is true for many senior level executives ( I know at least 10+ senior folks live in Woods, Wakad alone)...but thats not because of crowd in Chakan is blue workers plus locals...

    Hinjewadi townships on other hand due its premiumness and primarily ITGs is attracting better(in terms of civic sense) crowd ... dont be surprised in ear future if people ( those who can afford) working in Pimpri live in these townships..if not for themselves then for but for upbringing of their kids... once we get social infra which will happen hardly 3-4 years down the line..

    there are some very good societies in Pradhikaran...but one cant deal with the type of crowd there...there are many new born scorpion chaps there
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  • Originally Posted by pnq2012
    This is not rocket science. If you look at Google maps or any satellite image of Balewadi & Hinjewadi, the only sensible way to connect both the areas is via Mahalunge. That is because most of the infrastructure is already in place for both the areas - road extends past Balewadi stadium. On the Hinjewadi side, I believe the road will connect the Infosys circle. I think the problem is that this will be a joint venture between PMC, MIDC & Mulshi (especially because farm land is involved) & that is what will delay the start. When PMC has washed hands off Balewadi, how do you expect them to start working on this road.

    As far as Wakad-Hinjewadi road is concerned, the problem is now resolved. Traffic now flows smoothly as per Deputy commissioner of police (traffic) Vishwas Pandhare. I'm sure that some of the software professionals would love to take him for a ride when heading to their office in Hinjewadi. Anyways, read more below:

    Now, traffic flows smoothly in Pune's Hinjewadi - Pune - DNA


    Infy circle?? I guess it will be the Phase 3 circle near TCS/TechM, whichever way the road comes from (Sus, or nande).

    >> the only sensible way to connect both the areas is via Mahalunge.

    That is a sensible way. But I believe they will widen existing roads instead of making a new one.
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