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Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

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Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

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  • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

    Thanks...a lot for the link.
    June photos are still not on BR's web-site !
    Are these pics from a visitor ?

    Originally posted by herohiralal View Post
    Check out the June 2012 photos on paranjape's google+ site

    https://plus.google.com/photos/11601...065?banner=pwa
    Last edited by Superduper; July 8 2012, 09:21 PM.

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    • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

      Originally posted by Superduper View Post
      Thanks...a lot for the link.
      June photos are still not on BR's web-site !
      Are these pics from a visitor ?
      No cant find july pics. This link is paranjape's official page i think cause I got this from cliking on the photos of BR that are published on their website.

      Found it odd that they have shown photos of people checking into the SEZ!!

      Dont know the exact location of the kirana like shop but hopefully its near the entrance so that others can also buy which would ensure that its able to survive over the long term. Dont see BR residents alone able to help with keeping the shop running.

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      • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

        Originally posted by herohiralal View Post
        Look at the wakad main road. New malls coming up next to whistling palms and next to the back of park street. Aundh is 10 mins from wakad. Pimple Saudagar is 10 mins from wakad.
        On Google maps everything looks closer. Try going in peak hours of evening from Wakad to pimple saudagar/aundh. Let's not term mall/groceries shop as complete development.

        Originally posted by herohiralal View Post
        Won't take 7-10 yrs. development will be much faster. If u have decided not to invest in these schemes due to lack of infra then personally think its not the correct decision.
        BR completed 5 years after launching still only one shop/mall operated by BR itself and still can not term that area as residential. People who bought in BR around 5 years back must have thought the same way you are thinking that in another 5 years they will see everything around. See how much more time it will take that area to develop residential concrete jungle around after connecting with KUL area using the bridge.
        How can development be faster? The average rate in these remote areas are already surpassed affordable limit of 3k-4K. You will need rates to be between 3k - 4k to see meaningful growth. If this is not the case we can bet right now and let's have next review after 3 years(my bet is 5 years at least) on where we stand??

        We are heading for RE correction and rate should come down below 3.5k for that area to see faster growth.

        Originally posted by herohiralal View Post
        I know people who have bought a flat in wakad cause they can't spend 1.5 hr traveling from kothrud and city. Personal choice.

        BR is shaping up very well and in the next 2-3 yrs will become a very nice place to live.
        Let us see where the area stand after 3 years.

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        • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

          Originally posted by AaplaAbhari79 View Post
          On Google maps everything looks closer. Try going in peak hours of evening from Wakad to pimple saudagar/aundh. Let's not term mall/groceries shop as complete development.


          BR completed 5 years after launching still only one shop/mall operated by BR itself and still can not term that area as residential. People who bought in BR around 5 years back must have thought the same way you are thinking that in another 5 years they will see everything around. See how much more time it will take that area to develop residential concrete jungle around after connecting with KUL area using the bridge.
          How can development be faster? The average rate in these remote areas are already surpassed affordable limit of 3k-4K. You will need rates to be between 3k - 4k to see meaningful growth. If this is not the case we can bet right now and let's have next review after 3 years(my bet is 5 years at least) on where we stand??

          We are heading for RE correction and rate should come down below 3.5k for that area to see faster growth.



          Let us see where the area stand after 3 years.
          Social-Infrastructure and amenities always follow the population-concentration.
          The fact is, in years to come 3-4K families will be living in BR, and many times more in other projects located in phase-2 and 3.
          Unlike old Pune...the new-Pune will have much much better physical-infrastructure at least inside the town-ships.
          That's where the future is.
          Last edited by Superduper; July 9 2012, 10:58 AM.

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          • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

            Originally posted by AaplaAbhari79 View Post
            Let us see where the area stand after 3 years.
            AA. Bingo. That is what I have been doing . Going back to thread 3 years ago and then trying to see where they stand today.

            e.g. look at what has happened to prices in last 3 years. Look at amenities (they would not hav developed at same pace given we are huge population and the life in such contry is mostly set of compromises. People end up paying prices for 5 years later today).

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            • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

              Originally posted by compuwalah View Post
              AA. Bingo. That is what I have been doing . Going back to thredad 3 years ago and then trying to see where they stand today.

              e.g. look at what has happened to prices in last 3 years. Look at amenities (they would not hav developed at same pace given we are huge population and the life in such contry is mostly set of compromises. People end up paying prices for 5 years later today).
              Don't get excited.

              Agree prices have increased in last 3 years. Do you have any other argument to make?

              Today BR is quoting 5200 psqft. With your argument it will quote 8000 sqft after 3 years. If 5200 is not affordable today how come people will pay 8000/pqft after 3 years(let's talk about 3 year cycle as you keep showing last 3 year trend)? Are there salaries going to get double in next three years?


              Don't bring in compromises, emotions in the argument as nobody can fight against it. Anything and everything can be compromised and any/every decision can made look good emotionally.

              My point is these area will not develop fast since they have already crossed affordable price range of 3k - 4k. When BR launched the area nearby was available for 2.5k - 3k psqft range and time was 2007 - 2009. During this period home loans also available for cheap rate plus teaser rate schemes but despite all this surrounded area has not made considerable progress in residential.
              Now the situation turned upside down interest rates are higher, no teaser rate schemes, high RE launching rates, low salary increments, less job security, economic slowdown globally. With all this situation I don't think these areas will develop in next 5 years to count fit for residential with all social infra. If one have very long term view like 10 years then all above areas should be good.

              Given that pune metro will see light of the day in next 7-8 years(hopefully) in many places people will stop migrating to remote areas just to find work location closer and compromising on social infra. The outskirt will develop but with lower pace and hence i'm bullish on city areas/closed by areas rather than living/investing on dream. I'm sure people will get better deal in 5k range in city rather than buying in blue ridge. Finally it's individual's choice.

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              • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

                Originally posted by AaplaAbhari79 View Post
                Don't get excited.

                Agree prices have increased in last 3 years. Do you have any other argument to make?

                Looking at the size of the post looks like advice is more applicable to you

                Anyway arguments are required in abscence of the fact. You and your friend can argue that next come bus will be red or green in color. But when the bus is in your range of view, arguments are no longer necessary. Anyway if you still insist on argumenting when bus is already in sight, you will surely miss the bus .

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                • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

                  the last post doesn't make any sense. And that s the first reason the guy above you said make some substantial points if you must make any

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                  • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

                    Originally posted by AaplaAbhari79 View Post

                    Given that pune metro will see light of the day in next 7-8 years(hopefully) in many places people will stop migrating to remote areas just to find work location closer and compromising on social infra. The outskirt will develop but with lower pace and hence i'm bullish on city areas/closed by areas rather than living/investing on dream. I'm sure people will get better deal in 5k range in city rather than buying in blue ridge. Finally it's individual's choice.
                    The rates in the city are above 10K in some places (KP, Model colony, Kothrud, Law college road, deccan) so with a metro they will go even higher (following your logic of greater amenities and social infra).

                    If 4K - 5K in Hinjewadi is costly today according to you then will a metro actually help people who are avoiding investing today in the suburbs or will they have to a very high prices to get a flat in the city?

                    Cities which have metros have seen business move to the city center and people moving out to the outskirts. Pune will be the only city if it were to reverse that trend so I am not betting on that to happen.

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                    • Re : Blue Ridge by Paranjape Schemes in Hinjewadi, Pune

                      Originally posted by AaplaAbhari79 View Post
                      On Google maps everything looks closer. Try going in peak hours of evening from Wakad to pimple saudagar/aundh. Let's not term mall/groceries shop as complete development.
                      But if a person works in IT and stays in the city then he/she has to navigate the wakad traffic + the city traffic so why would a person spend 1.5 hr each day travelling for the next 6-7 yr till the metro is done?

                      BR completed 5 years after launching still only one shop/mall operated by BR itself and still can not term that area as residential. People who bought in BR around 5 years back must have thought the same way you are thinking that in another 5 years they will see everything around. See how much more time it will take that area to develop residential concrete jungle around after connecting with KUL area using the bridge.
                      Yes people who bought 5 yrs back in BR as their 1st home lost out. But people who bought in 2009-2010 have done well. U have D-mart in Hinjewadi for the last 3-4 years + you have a new mall coming next to Wipro. BT has its own commercial development.

                      How can development be faster? The average rate in these remote areas are already surpassed affordable limit of 3k-4K. You will need rates to be between 3k - 4k to see meaningful growth. If this is not the case we can bet right now and let's have next review after 3 years(my bet is 5 years at least) on where we stand??
                      If the rates are not affordable then who is buying flats then? Sales might be done in Hinjewadi but then people are moving to ravet, talegaon, sus, pirangut. People can adapt.

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