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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  • Originally Posted by investwest
    Is it the other way round that they took decision in the impression of these praise posts on forums and then they found it to be a bad decision? Or may be when they started living there, they got to know about the 'real' issues?



    Many bachelor tenants I know are living there for the same reason with few more coupled benefits such as freedom to do anything as they don't get neighbors on the floors, many societies in well developed areas don't allow bachelor tenants or if they allow they have their rules for bachelor tenants.

    I also know someone who shifted to BR as a tenant just to check if he and his family can live there before taking the decision of buying a flat there. He ended up buying in park street.

    "probably not valued enough to buy" exactly that's what we are trying to make a point.. when we raise some issues, our purpose is not to criticize this project or your decision or investment. We are making a point that we don't think/feel that it justifies the price of ownership.. something we call it's not worth "value for money".

    You mentioned - Rents are 2k cheap - don't you think what could be the reason? Don't you think it's very hard to find tenants in hinjewadi than finding tenants in wakad or PS or Aundh?
    Why many people preferring wakad for renting a flat even if it costs 2k+ more per month?



    Very well said. If someone's is planning for a flat for more than 1CR he'll think n number of factors and not just amenities which he can access anyways and anywhere - by joining clubs.
    All the societies you mentioned in your posts are very good, in well developed localities (except MP) and have range of offerings for better living.
    Take your own time and don't fall for such praising posts, it's matter of 1CR+ and not of few thousands.
    If I could have succeeded in convincing myself at the launch of BR (throw away prices as compared to today's quotes) then probably I would have been writing only good things about it by avoiding healthy discussions about the real issues of projects here.
    Nothing personal..



    Really BR and Life Republic are not for tenants and for folks who crib about local transport.

    When Merc was launched in Pune in the 1990s they had displayed the car in a auto exhibition and one person came and asked about the mileage of the car. The merc person there said "sir if you are going to decide whether to buy this car based on its mileage then this car isnt for you"

    Similarly a person paying 1.3 cr for a 3BHK today is thinking about bus and rail connection from Hinjewadi townships then they are looking at the wrong project. BR and Life are not Merc but you should get the idea.

    Have been in India for the last few weeks and have visited Hinjewadi a couple of times. Its a matter of another couple of yrs before this area really takes off. Investors who want to invest in Pune RE cannot afford to ignore this. Tenants will always complain. I would if I had no skin in the game and had access to a forum I would be extra critical. Its like folks criticizing the cricket team or some actor :)
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  • Originally Posted by investwest
    No I am not saying MP is better or BR is bad.. We are just trying to understand various issues by discussing out doubts here and trying to get feedback of various members on it so that we can understand that if we are giving correct weight/importance to our particular concern. But instead of discussing it in a healthy environment, people started praising BR for anything and then they started personal attacks saying that of one cannot own here that means he's jealous and hence he's making negative comments here.. in another post again someone said that they cannot own.. common man.. when we'll be mature?


    Personal attacks are of no use. We saying something on a forum is not going to translate on the ground.

    Hinjewadi is already seeing massive development. All those shops you see at Hinjewadi chowk will be replaced by banks, cafes, clothing stores, food places etc soon. The shops you see today are going to disappear.

    Go inside BR and you will see the massive SEZ being constructed. You can see the commercial space in front of the 1BHK. The amenities of the buildings that have been handed over are operating. School is going well. SEZ that is already occupied is doing well.

    Water, transport, social infra etc are trivial if you are an investor. If you are a resident then you will have to suffer a little but not that much.

    Paranjape has done an awesome job and pulled off a big project. Hope Life and KUL can do the same. After 5 yrs people will forget all the small issues. Townships have been a success. More should be launched.
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  • Originally Posted by herohiralal
    Really BR and Life Republic are not for tenants and for folks who crib about local transport.

    When Merc was launched in Pune in the 1990s they had displayed the car in a auto exhibition and one person came and asked about the mileage of the car. The merc person there said "sir if you are going to decide whether to buy this car based on its mileage then this car isnt for you"


    And today every other car manufacturer is quoting mileage let it be merc or audi - they are even leasing these cars as they are not finding buyers.. in 1990s it was sellers market and not it's buyers market.

    Originally Posted by herohiralal

    Similarly a person paying 1.3 cr for a 3BHK today is thinking about bus and rail connection from Hinjewadi townships then they are looking at the wrong project. BR and Life are not Merc but you should get the idea.


    no we don't get the idea of comparison with merc and then saying they are not merc.

    Originally Posted by herohiralal

    Have been in India for the last few weeks and have visited Hinjewadi a couple of times. Its a matter of another couple of yrs before this area really takes off. Investors who want to invest in Pune RE cannot afford to ignore this. Tenants will always complain. I would if I had no skin in the game and had access to a forum I would be extra critical. Its like folks criticizing the cricket team or some actor :)


    BR is neither a cricket team nor an actor. Neither people buy cricket players or actors to discuss their pros and cons.
    You don't know the ground reality and facts about hinjewadi or Pune if your claim of being in India for only couple of weeks is true.
    I am working in Hinjewadi since at least 12 years and staying in Aundh for more than 16 years now. I know what aundh or wakad or PS is and what hinjewadi is.

    I completely agree that this area will take of after couple of years (actually couples of couple of years).. but my concern is - builder is asking for the price of those couples of years in advance.
    If you are a real investor, then you'd think about the ROI and if you think about it then BR stays far behind on the list of opportunities for better ROIs.

    People here are discussing it from the point of end use.
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  • Originally Posted by herohiralal


    Water, transport, social infra etc are trivial if you are an investor. If you are a resident then you will have to suffer a little but not that much.



    That's what our point was.. how much the suffering is.. on that basis we'll evaluate the project if it fits for our requirements and level of tolerance.
    A merc buyer need to prepare himself for suffering merc is expecting from him.
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  • Originally Posted by REinvest
    And today every other car manufacturer is quoting mileage let it be merc or audi - they are even leasing these cars as they are not finding buyers.. in 1990s it was sellers market and not it's buyers market.



    no we don't get the idea of comparison with merc and then saying they are not merc.



    BR is neither a cricket team nor an actor. Neither people buy cricket players or actors to discuss their pros and cons.
    You don't know the ground reality and facts about hinjewadi or Pune if your claim of being in India for only couple of weeks is true.
    I am working in Hinjewadi since at least 12 years and staying in Aundh for more than 16 years now. I know what aundh or wakad or PS is and what hinjewadi is.

    I completely agree that this area will take of after couple of years (actually couples of couple of years).. but my concern is - builder is asking for the price of those couples of years in advance.
    If you are a real investor, then you'd think about the ROI and if you think about it then BR stays far behind on the list of opportunities for better ROIs.

    People here are discussing it from the point of end use.


    Don't waste your time on commenting on merc and players and actors. Merc or cricket team or an actor expects you to suffer after paying which should be acceptable to you.
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  • Originally Posted by REinvest

    BR is neither a cricket team nor an actor. Neither people buy cricket players or actors to discuss their pros and cons.
    You don't know the ground reality and facts about hinjewadi or Pune if your claim of being in India for only couple of weeks is true.
    I am working in Hinjewadi since at least 12 years and staying in Aundh for more than 16 years now. I know what aundh or wakad or PS is and what hinjewadi is.

    I completely agree that this area will take of after couple of years (actually couples of couple of years).. but my concern is - builder is asking for the price of those couples of years in advance.
    If you are a real investor, then you'd think about the ROI and if you think about it then BR stays far behind on the list of opportunities for better ROIs.

    People here are discussing it from the point of end use.



    Dont assume mate. Have seen hinjewadi since 1999 and balewadi since like 1980s.

    Worked in Hinjewadi since Infy started it DC there and now visit it like 2 months every yr.

    Lived in pune for 30+ and family was in RE in 1990s but have close friends in RE today.

    You are comparing Hinjewadi of today with Baner of 2003 and PS of 2004? How many yrs did Baner live on tankers? How isolated was PS in 2004. Do proper comparison man.

    For a real investor in India ROI is imp but delivery and quality are also imp. Not all projects deliver on quality. Do some research on the quality of other so called big builders in Pune. Pranjape projects demand good resale rates..
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  • Originally Posted by investwest
    Don't waste your time on commenting on merc and players and actors. Merc or cricket team or an actor expects you to suffer after paying which should be acceptable to you.



    And folks wanted to have a discussion :) Stick to this attitute and you will end up opening a thread called "Why Hinjewadi RE will burst" and spend next 5 yrs defending your bias :) Just kidding. Its humid in Pune today so need some place to vent out :)
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  • I am still not convinced with Baner area and that's a complete different topic.. you'll see hinjeadi, wakad and balewadi (from your post) taking over Baner in prices and infra and anything else.

    Yes I am comparing hinjewadi of today to wakad of today and PS of today cause I live in today. I exist today. The rates are more or less same for all these three areas today.

    Dating back to 2004, did PS asked you shell out aundh's rates as it'll be developed later or if aundh was a village few years back? NO.
    Did Baner asked the same in 2003? NO.
    Did Aundh asked rates of model colony in 1999 ? NO.

    Did you get my point now? There's no doubt that hinjewadi will get developed and it'll be better place some day for living. But do you think that we should pay the price of that future day today?
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  • Originally Posted by herohiralal
    And folks wanted to have a discussion :) Stick to this attitute and you will end up opening a thread called "Why Hinjewadi RE will burst" and spend next 5 yrs defending your bias :) Just kidding. Its humid in Pune today so need some place to vent out :)


    Whatever you comment... I don't take it personally.
    About climate - m sick for half day today ;) so you'll not find me here post lunch.

    If you are bored, join us in lawasa today or in sayaji tonight..

    P.S. Advantage of being or staying in hinjewadi - close to the places for hangout
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  • Originally Posted by investwest
    Whatever you comment... I don't take it personally.
    About climate - m sick for half day today ;) so you'll not find me here post lunch.

    If you are bored, join us in lawasa today or in sayaji tonight..

    P.S. Advantage of being or staying in hinjewadi - close to the places for hangout


    Thanks for the offer but planning to visit Phoenix mall later today and going to eat biryani right now in old pune :)
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  • Personally, I don't think you can find a better location for a project of BR's size. Right on the banks of river Mula, it is not too far from the city, perfect for people who prefer to stay away from the city chaos & it is ideal for people who work in the IT park.

    Secondly, you cannot be comparing BR with a finished project. You can compare certain aspects like construction quality, floor plans, etc but not things that are not yet built. Understand that BR is only 50% complete. And I think same goes with comparing amenities with other societies. BR, being a township, will obviously offer more than any other individual society. Now, it is your call whether you walk to play tennis or you drive in the traffic to do the same.

    Thirdly, as a resident of any place, you should be fully satisfied with the place and the lifestyle that place offers. The surroundings, quality of environment around your place, well-being of your family is equally important. People talk about Wakad and Balewadi but find me a place where my family can go for a nice walk, my parents can be safe from errant drivers or people can jog in ideal surroundings. I have seen people jog/bike on Baner rd, University road, F. C road in heavy traffic which is actually more harmful for your health.

    Price justification is relative. If 20,000/sq. ft in Karve road, which is Pune's most polluted area, is justified for folks who love city life & chaos, then for people who prefer a peaceful life should not have issues paying 1/3rd of that price at BR.

    Finally, till corporations struggle to provide basic things like good water, reliable energy, good air quality & clean surroundings, townships like BR, MP, LR will see demand. Conditions are deteriorating in the city too because of lack of planning. At BR, at least you know what's in store for you because it is all controlled by one entity.
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  • Originally Posted by herohiralal
    So you think Megapolis is better than BR? One can understand if BR was better then Life Republic but Megapolis is like at the end of Phase 3. If BR location is a problem them Megapolis does not even come into the picture.

    For investors go for KUL or Life Republic if BR is not suitable. Megapolis is just not even in the question.


    question was asked about who gives a big township like this with so many amenities like Blue ridge. hence megapolis came into this discussion.
    location of both is not that good. if BR is close to phase 1, then there is also the problem of slum/gaon around it. Megapolis is free from that problem.

    Megapolis looks cramped , a row of boxy buildings. MP mystic has better floor plans though. BR has a lot of open area in the center (that golf course) but the floor plans do not look that amazing to me (slanted walls, etc - bad vastu). T9 to 14 have better 3bhk floor plans.

    See both have their advantages and disadvantages. And i criticize both. And I have criticized many other projects.

    Superduper,

    come on man, wasnt expecting such comments from you. It is not about affordability. Dont go down that path.
    Anyway, I am off this thread for a while (unless someone quotes me and twists my words).

    Edit :

    Yet another post mentions that we are jealous.. okay great. So my final words - If I find it is my money's worth, I will buy a 3bhk flat there, maybe even two. If not, I wont. Speaking for myself, I am not jealous of anyone living in Hinjewadi. Or KP for that matter.
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  • Originally Posted by herohiralal
    Really BR and Life Republic are not for tenants and for folks who crib about local transport.

    When Merc was launched in Pune in the 1990s they had displayed the car in a auto exhibition and one person came and asked about the mileage of the car. The merc person there said "sir if you are going to decide whether to buy this car based on its mileage then this car isnt for you"

    Similarly a person paying 1.3 cr for a 3BHK today is thinking about bus and rail connection from Hinjewadi townships then they are looking at the wrong project. BR and Life are not Merc but you should get the idea.

    Have been in India for the last few weeks and have visited Hinjewadi a couple of times. Its a matter of another couple of yrs before this area really takes off. Investors who want to invest in Pune RE cannot afford to ignore this. Tenants will always complain. I would if I had no skin in the game and had access to a forum I would be extra critical. Its like folks criticizing the cricket team or some actor :)


    Are you saying that BR is like the Mercedes of Real Estate ?

    Sirjee, with all due respect, It is paranjape .. not marvel or panchsheel or supreme. i have seen many projects of his on baner pashan link road. A person looking to buy the mercedes of real estate would rather go to KN or KP rather than BR.
    what next? cyrus poonawala shifting to BR ??
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  • Originally Posted by pnq2012


    Price justification is relative. If 20,000/sq. ft in Karve road, which is Pune's most polluted area, is justified for folks who love city life & chaos, then for people who prefer a peaceful life should not have issues paying 1/3rd of that price at BR.

    Finally, till corporations struggle to provide basic things like good water, reliable energy, good air quality & clean surroundings, townships like BR, MP, LR will see demand. Conditions are deteriorating in the city too because of lack of planning. At BR, at least you know what's in store for you because it is all controlled by one entity.


    Agree pnq2012,

    I apply the same logic to Karve road - I dont understand why that place is so costly. I know it is 10000 plus, but is it really 20000? This is news to me.
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  • Originally Posted by Sat234
    Agree pnq2012,

    I apply the same logic to Karve road - I dont understand why that place is so costly. I know it is 10000 plus, but is it really 20000? This is news to me.



    the price in most part of kothrud including main areas 9kto 12k (i have quotes for them coouple of them are near City pride) i dont where he got 20000 figure (an attempt to justify high rates in BR?) .....
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