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 guestfrom80s
    Just got an update from BR: Building 7 and 8 getting ready for possession stage in 1-2 weeks.


    2 weeks passed, what is the current position
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  • Originally Posted by anandji
    I've received email stating 20th floor is ready.. Has anyone seen the completion? Pictures sent don't show it clearly..thanks


    Overall update is available here -> Site Progress

    And -> T20-21
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  • Originally Posted by poddar
    2 weeks passed, what is the current position

    Building 7 and 8 possession stage has started. My guess is that they will hand over the keys as soon as the PDI is done and balance paid off. Shaping up nicely, from what I've seen till now.
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  • Originally Posted by guestfrom80s
    Building 7 and 8 possession stage has started. My guess is that they will hand over the keys as soon as the PDI is done and balance paid off. Shaping up nicely, from what I've seen till now.

    Possession of T7-T8 has been delayed by how many months or years?
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  • Originally Posted by MansaBandra
    Possession of T7-T8 has been delayed by how many months or years?

    It's not T7/8, it is B7/8. These are the next-gen 2/3bhk towers near the BR entrance. The total delay was roughly ~6 months.
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  • Originally Posted by guestfrom80s
    It's not T7/8, it is B7/8. These are the next-gen 2/3bhk towers near the BR entrance. The total delay was roughly ~6 months.


    Yes, in the interest of readers of this thread it is important to use correct names.


    T7/8 are the older towers of Unit A society that people have been living in for a long time.
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  • Does anyone have recommendations for good (and reasonably priced) modular kitchen design service providers? How much does it cost for a typical BR kitchen? I do know that there is a lot of variation in type and quality that might affect the price, but an approximate range would help.
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  • As I has sold my flat in BR, I thought it misleading to use the name T12BROwner (which was mean to indicate ownership in Tower 12 of Blue Ridge).


    I have therefore changed my forum name from T12BROwner to TheOldFox.


    This post is to inform the forum so that people can map my older posts if they so desire.
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  • Hi All

    Is there a check list for flat buyers whose flats are near possession?

    I know my building has still some time to complete but just like to be prepared?
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  • An acquaintance on mine is looking at apartments in Pune. He also saw a few in Blue Ridge over the last two weekends (via 2 brokers) and was thoroughly confused by the pricing.


    3BHK of size 1700-1800 sqft had asking price of 96-98L (he saw one for asking of 98L)
    2BHK of size 1000-1150 sqft had asking price of 80-98L (He saw two of the exact same size, one with asking of 83 and another with asking of 96)
    2BHK of size 1300-1400 sqft had asking price of 85-1Cr (He saw two of exact same size, one for asking of 87 and another with asking of 98)


    He was confused behind the lack of logic in pricing. I checked current listing on property sites and sure enough, the pricing is indeed haywire.


    Can anybody help with the recent price at which 2/3BHK sales actually took place? I have stopped following BR prices so am out of touch now.


    pnq2012; brres13; any clues?

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  • There are multiple reasons for this .

    1) Demand for a 2 BHK is always higher than that of a 3 BHK. Most people who want to live in Hinjwadi are those who work at the IT park. Such individuals / couples are in the 25 to 35 years age group and do not need a 3 BHK.
    2) Most of the properties in Hinjewadi are owned by investors who probably have the capability to sit on their investment till they find a "romantic buyer" (read bakra).
    3) Some flats may have very pricey interiors due to which the resale costs go up.
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  • Adding that i donot know of any 3 BHKs sold recently but i have seen the papers for a 2 BHK sold for about 83 L
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  • Originally Posted by ashwinrath
    Adding that i donot know of any 3 BHKs sold recently but i have seen the papers for a 2 BHK sold for about 83 L




    2BHK for 83L sound reasonable, as I myself sold one few months ago for 83.5


    I still don't get why 2BHK and 3BHK would cost the same. If demand for 2BHK is high and a 3BHK were available at same price, wouldn't anybody (end user or investor) always go for 3BHK?
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  • Originally Posted by TheOldFox
    2BHK for 83L sound reasonable, as I myself sold one few months ago for 83.5


    I still don't get why 2BHK and 3BHK would cost the same. If demand for 2BHK is high and a 3BHK were available at same price, wouldn't anybody (end user or investor) always go for 3BHK?


    Many a times these illiterate brokers post teaser prices or prices without adding additional 11% in taxes, brokerage, etc.

    Also, there are 3bhks in BR which might be smaller than expected or not in a desirable location within the building.

    Do not go by the 1700 or 1800 sq ft, loading is mentioned as 35% by builder and loading is more than 35% if you calculate carpet area yourself even if you include a margin of error in your calculations.

    But if you are getting a 3bhk at the cost of 2bhk, definitely go for it (with caveats and due diligence of course).
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  • Yes they would. But like i said maybe the 2 BHK has some good interiors done which is well worth over 15 L. Also everyone in general overrates their property. I have seen old folks in Aundh trying to sell their 25 year old 3 BHK flats at 1.8 Cr !. Property rates in India is notional. There is no scientific valuation methodology in place. You should buy at what rate you believe is worth. I personally would value a 1000 sqft 2 BHK in Hinjewadi phase 1 at nothing more 50L. But since people are ready to pay 83 so they are selling at 83.

    I can put up my 1 BHK for sale at 70 L. No one will buy it. 2 months later i will reduce the asking price to 35 L and i will immediately get calls. The property site will show a 50 % drop in rates and people will start blogging about it. Thats what happens.
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