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.
Read more
Reply
3919 Replies
Sort by :Filter by :
  • By the way I might be a bull as I have put in my hard earned money on my conviction

    but you are not a bear as you havnt shorted it...you are just a "begani shaadi me abdulla diwana:
    CommentQuote
  • Originally Posted by realacres
    The strange part here is all BR bulls have gone into hyper active mode to protect their investments. Some said Mumbai guys are staying in BR. OK, what is the percentage of these people ? What is the percentage of expats ? Or what is current occupancy ? 20% ? That too mostly tenants ? This means BR is more INVESTOR DRIVEN than END USER.



    So what if its investor driven? How does it make it a bad place to stay? You yourself dont know a thing about BR or Hinjwadi and keep on bashing a good project. Do you even know anyone who stays in BR?



    And despite all this, some posted pics of some old Pune city. :D How far one can go to put BR in positive light !! Desperation of BR bulls at best. The builder can't sell despite giving discounts & rest are stuck due to non-commitment on product delivery & venting frustration at us. And for remote, just see how one can reach there from any other area in & around Pune. Ofcourse, any bull can say that even Satara is PROPOSED NEW PUNE, but that doesn't change the facts. Ground reality is BR or Hinjewadi per se is remote location, just tad better than jungle.


    People who follow ur advice have suffered massively. You dont reply or correct any of ur incorrect posts and still expect people to keep on replying to ur biased posts.

    If you cant see the difference between Satara and Hinjewadi then there is nothing one can do about it. Continue to harp that Hinjewadi is remote and lets see what happens after 4-5 yrs.


    And man, I just said sales at Megapolis were better than BR, & BR bulls get angry & say how bad MPolis (bad builder, as if Mr. P is saint; too crowded, as if BR buildings are far from each other etc.) is but on other hand they will show how good Hinjewadi is. Hypocrisy at best. :D


    If a person has to invest/buy in hinjewadi then BR or life republic are better options as compared to megapolis.


    What's strange is no BR bull is answering vital questions below :-

    > BR poss date 31 Dec 2017 with 2 yr buffer, which means builder is free to complete towers by end 2019 !! Now why this 2019 with 2 yr buffer period when already 2017 means delay of 2 yrs at first place ? This means total delay time is 4 yrs !!


    This has already been discussed. People who cant wait for 4 yrs should not invest/buy in BR. Period.


    > Pub, discos etc. below the residential towers. Is builder ready to give in agreement that these things won't be there ?

    Ur ignorance is mind boggling. BR is forming co-op societies. Nothing can happen without the societies approval. Why would someone put up a pub or disco below a tower? Do you see that in Aundh or Baner? Pubs and Disco's need to be in commercial buildings. They cant be in residential towers/blocks.


    > What about the maintenance if some buyers/investors default ? Whom will it be recovered from & how ?

    How do other societies handle this issue? Why will it be different or a problem in case of BR. Its quite evident that you have no interest in helping people make a informed decision. You just want to keep on bashing projects and spread incorrect posts. Arent people paying 2 yrs maintenance upfront?


    * PS:- TCS has opened 10,000 seat campus in Gujarat & new 26,000 seat is coming up on 79 acre facility at Hyderabad. More IT cos are not going to expand in Pune. So those investors betting on IT in Pune, beware.

    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    Obviously IT companies are going to open campuses outside Pune. But that does not mean Hinjewadi is going to suffer. Go and have a look at Hinjewadi and check out what is really happening there.

    IT has made Baner, Aundh, Wakad, PS and all the places between city and Hinjewadi.
    CommentQuote
  • Originally Posted by ravirajpune
    Will you please suggest some projects or townships which are better than / equal to BR, in areas in and around Pune, as I am in the process of decision making for investment purpose. I have closed down on BR at the moment, but if there are better options I would like to visit and compare, taking BR as a benchmark.
    Thanks.


    Go with BR or Life Republic. Hinjewadi has a great future. I would avoid standalone projects in Hinjewadi. Its a new area and if one can learn anything from Baner is that when a area is getting developed you see a lot of new builders come up in such areas and then the quality and delivery of their projects is quite bad. If you want to invest in standalone projects then go for developed areas like Baner or Wakad.


    BR is probably at a very advanced stage for an investor. Go for Life Republic as you can spread you investment over time and that will reduce ur overall purchase prices.

    If you have decided to go for BR then I would suggest that u pick up a completed flat and rent it out. Check if tenants have priority in the BR school. That way u can command decent rent with IT folks.
    CommentQuote
  • Originally Posted by Sat234
    If you are looking in Hinjewadi, do check out TCG crown greens, Eon homes and Megapolis. Megapolis comes under Township Act, if I am not mistaken (please correct if wrong).
    Do note that all these come under MIDC leasehold.


    Yes the schemes you have mentioned above are part of MIDC. BR and Life Republic are not. Would recommend investors/buyers study what it means to buy a property within MIDC.

    Attached are the maps of the three phases of Hinjewadi IT park. Should be useful for genuine investor/buyers. These are also available freely on the MIDC website.
    CommentQuote
  • Originally Posted by realacres


    The builder can't sell despite giving discounts & rest are stuck due to non-commitment on product delivery & venting frustration at us.
    Looks like when u are not posting some of your personal opinions on this forum,, you must be sitting in Mr P's office discussing the latest sales figures with him... I live in BR and am not aware of the "sales figures -- Acres version"
    U sure ur last name is also not Paranjape ? An estranged family member perhaps ?? :D

    Ground reality is BR or Hinjewadi per se is remote location, just tad better than jungle.

    Thanks for sharing your valuable experience in this matter.. and allowing others to benefit from your time living in the Jungle.. probably due to which you can see the similarity between BR and the Jungle.. and give a well informed comment :P

    /QUOTE]

    Thanks for sharing your valuable experience in this matter.. and allowing others to benefit from your time living in the Jungle.. probably due to which you can see the similarity between BR and the Jungle.. and give a well informed comment :P

    /QUOTE]
    CommentQuote
  • Originally Posted by Superduper
    I am sorry.....I didn't get it....why you want a glass wall between kitchen and Living.... instead of the concrete wall ?
    For more light ???


    Well to be honest.. Its more of a Me saw.. Me wants thing :P

    But what i liked about it was.. yes.. there is more light (although i would not say that I want to do it for the light.. .. thats not the main reason )

    I saw it first hand in Sapphire heights - mumbai - lokhandwala construction..

    It makes the kitchen seem more roomy.. and bright .. as well as even with the kitchen door closed it does seem like a continuation of the living room..
    I dont think i am explaining it well :P
    Will try to get hold of a couple of pics of the Sapphire heights flat.. if possible..

    The option with the concrete wall would be to put a normal wooden door.. there.. and totally close it .. while cooking etc..

    With the semi - frosted glass.. You cant really see.. the person standing in the kitchen.. the noise is totally cut out..
    the room is bright.. and it does seem like an extension of the living room..
    ( I would keep the sliding door section .. quite wide )

    PS.. these are still castles in the Air.. if it works out too expensive.. or they say.. cant get rid of the kitchen wall.. No issues..
    CommentQuote
  • Originally Posted by realacres


    And yes, PMRDA has got tangled with political conflicts & some legal issues, so no point about PMRDA doing this or that as PMRDA is still on paper. The PROPOSED RING ROAD based on which most projects in Hinjewadi were being sold is now gone. One should ask Mr. P about this too.

    Anyways, before fighting further without real facts, please answer to queries raised in bold above.


    6 yrs on, MSRDC’s ring road proposal hangs fire - Indian Express

    As per the news article the proposal is still pending in front of the Chief Minister..
    Now Mr Acres.. I find it hard to believe that you are secretly the Chief minister and that is the reason why you know that the proposed ring road is GONE , while for the rest of the world its pending.

    There was a time, quite long ago.. when people would take your posts seriously.. as quite a bit of information was based on facts..
    Now it seems to be self generated information based on your whims and fancies.
    CommentQuote
  • self generated...huff...we have caught him so many times..bit he never bothers to apologize

    he once made up a comment by RBI...when I put up the press release to say that SubbaRao didn't say like this...he went silent

    last year he uploaded a dooms day You Tube video showing Indian RE was to be doomed in few months...when others pointed out that clip was of 2009...he again went silent

    this entire forum is full of such fabricated lie by him but who cares...only issues might be some new guys might get trapped in believing India is in shambles...world is going to end...flats will disappear in few months
    CommentQuote
  • I have noticed.......as BR's development has progressed.........prices have gone up..........and testimonies form people who have made it their home have started trickling in........number of brick-throwers have steadily reduced on this thread.

    Yes, there still are few Bashers who continue relentlessly with their religion of smearing lies.......but one day they too will disappear....after all people who read these posts....people who check and think for themselves....and so on....(I call them the silent majority)........are not stupids.
    CommentQuote
  • Yes i do agree, there is a silent majority, who dont have voluminous post to their credit, and are quite capable of providing unbiased and helpful views and opinions. Unfortunately they dont post much on a forums like this.
    CommentQuote
  • Originally Posted by herohiralal

    BR is forming co-op societies. Nothing can happen without the societies approval.



    hello herohiralal

    it is special township act .. then how society can be formed. if it is, then how much say does it have against township authority

    just a query... i am looking for info, thats all
    CommentQuote
  • well i must say that some of the points posted here by bears are pertinent.. atleast it is bringing out the facts
    regarding paranjpe, his previous schemes do not have great quality, but BR looks to be better than his previous stuff. maybe mivan. i have checked out camellia and magnolia in baner for resale.

    blue ridge has its good and bad points...
    CommentQuote
  • Sat24,

    Why be so suspicious...what control you have on other aspects of life ? So why be so fussy about it ? In case you are...better not consider it...buy a plot and make one for yourself because even in one managed by residents...usually a coterie enjoys the control (usually people who have not much to do)

    for me professional management is a big plus...all premium projects in NCR & Mumbai are managed by builder driven professional firms and it works fine...since residents driven societies primarily focus on cost management...that results in faster decay in quality of a property

    Again...you will have exception on both...a township managed poorly and resident owned society being done brilliantly....as they say "you will see what you want to see"
    CommentQuote
  • Originally Posted by Sat234
    hello herohiralal

    it is special township act .. then how society can be formed. if it is, then how much say does it have against township authority

    just a query... i am looking for info, thats all


    Each cluster of towers has 1 society - Tower 1 - 8 has one.. and the conveyance for the same has already been done..

    As per the agreement .. The TMA will be overll in charge of maintenance of the the entire township..

    The amenities are devided into Paid amenities (like golf club/course etc) and free amenities..like the swimming pool of each cluster of towers, club house etc.
    YES a part of the overall meintenance charges which each house will pay.. will go towards the maintenance of the township amenities also ..
    But It is not anything in addition to the 5 or 6 rs.. per sq ft.. whatever is being charged..


    Extract from the agreement
    xiii) the maintenance charges for the said Society Amenities and the said
    Overall Township Amenities shall have to be paid by the Purchaser
    to the said Society, and as such all the societies in the said Township
    shall pay their respective contribution to the TMA towards the
    maintenance of the said Overall Township Amenities,

    Also, each society will be incharge of maintaining the individual society amenities ... ..

    Extract from agreement
    10.9 The said Society shall maintain the said Society Amenities upto a
    minimum level of standard as desired and fixed by the said TMA.

    The TMA will form an advisory committee to
    improve the policies for maintaining the said Overall Township Amenities,
    which may advise the TMA in that regard. Each society in the said
    Township shall be given representation on this committee.


    These are the points which I find favourable,
    If Paranjape Builders wanted to run the township like a small dictator run country ( ie.. if we can rename Mr P to General Aladeen) .. there was no need for them to have society members involved in improving policies etc...
    Moreover Blue ridge is not a township like Magarpatta etc.. which is soo vast that it is almost like a little city..
    Here there are only so many towers.. and much more personal touch with the Township maintenance staff etc.. (This is from personal experience)

    HAVING SAID THAT ....
    The AGREEMENT does have numerous points giving ample power to the TMA to make changes.. govern .. control etc etc...
    So if things like that bother you, One should not go in for a township... Any township...

    A certain amount of trust is required in these things.. and also it does work in the best interest of any builder to make sure his project is well maintained as that works as an advertisement for him.. for future projects...

    Which is why you see.. buildings built by .. raheja's or oberoi group etc looking in much more tip top condition .. as compared to other buildings by smaller builders .. who move on after the building is handed over to the society.

    But if someone wants to keep track of each and every rupee which he/she pays towards the society and finds it hard to trust a TMA .. then a township is not a good idea..
    CommentQuote
  • Originally Posted by Baruch
    Sat24,

    Why be so suspicious...what control you have on other aspects of life ? So why be so fussy about it ? In case you are...better not consider it...buy a plot and make one for yourself because even in one managed by residents...usually a coterie enjoys the control (usually people who have not much to do)

    for me professional management is a big plus...all premium projects in NCR & Mumbai are managed by builder driven professional firms and it works fine...since residents driven societies primarily focus on cost management...that results in faster decay in quality of a property

    Again...you will have exception on both...a township managed poorly and resident owned society being done brilliantly....as they say "you will see what you want to see"



    >> what control you have on other aspects of life ? So why be so fussy about it ?

    hello baruch ,

    if i have money to risk, i will think on those lines.
    not suspicious, you can say careful and observing....
    you are right about professional management vs resident managed societies

    lets see how it goes...
    CommentQuote