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 pune_friend


    But who knows, what is in store tomorrow. Throw dice based on your own call ;););)


    Freind Ji,

    FYI
    A large percentage of people who are actually living ( not investors ) at BR right-now have nothing to do with the IT offices in Hinjewadi.
    They have chosen to live there because of reasons OTHER than proximity to work.
    In most cases they have moved away from their work in order to live at BR !

    Due to crumbling infrastructure from incompetent government and horror stories of some dishonest developers...
    whenever there's a believable promise (from a reputed developer) of quality construction, good infrastructure, clean water-air, good school, amenities, shopping, clubs etc.... enough people
    agree to pay current market-rate (of "so-called" developed areas) and wait few years !

    Add proximity to a large work area and a metro to above mix and you have got the winning soup.

    Simple enough..!

    Every well-financed and competent ( and also not so well-financed or intentioned ) developer knows this. Add a bit of political push/connection and developers have a win win formula !

    What's equaly simple is.......what happens with investors...
    If development concludes as promised (better than promised in BR's case).....there are even more affording young families willing to pay (by now "above" market rate)......... due to being fed up with hopeless infrastructure and facilities where they currently live in most cases...and simply wanting an upgrade (as they see fit) in some cases.

    Its as simple as that...!

    I don't mean to imply that no project with the "winning formula" can ever fail. But at the same token, due to factors mentioned above, the developer and investors have to be extraordinarily unlucky or stupid and dishonest for it to not work-out in their favor given long-term.

    And certainly success in this case is not nearly as complicated as your above post (#781) implies.
    ..........
    ..........
    CommentQuote
  • Originally Posted by pune_friend
    My post quoted in bold the words from your post that are repeated again below.

    people who work in Hinjewadi can save hrs travelling by staying in BR so there are lot of things going in favor of BR.

    Now responding to your post.
    No. It is not about PS or AB not letting things happen. It is about picking an area with one thing (jobs in this case) and planning money making RE business around it. It is not PS or AB to start with, but a much different set of people including those who take decisions about setting up such business hubs (e.g. it park), have control to provide/not provide/defer infra, take policy decisions etc. about much larger territory, which is pune/pcmc etc.

    RE (like many other businesses), is a combination of opportunity creation, grabbing, pricing and control. It involves relative pricing so controlling development/pricing/connectivity of other areas is a critical factor.

    You need some key element which will make people come to a location that was a barren land to begin with. In this case, it/bt park was a very valid and a good reason.

    Next, you need to make people shift here. This is not so easy.
    - First is jobs/companies - You give tax breaks, fsi and other incentives, so they come. They do crib about infra, but if you provide them as good/little less infra compared to what they may be able to get at competitive locations (across india), they will come. Infra around can remain bad for a while. Its ok.

    Most challenging is to make people shift to new place as their residence where no one has been living before. Now things become interesting

    Those who want to rent out, would do it at any place that works best for them. And closest to work may be a good option for them depending on phase of life, whether all members work in same area and other aspects. For them, BR or similar schemes may be a boon. But those are not the people who would buy house, so count those out as you are an investor and would be finally looking to sell your house to someone at latest highest asking price.

    There may be investors who are always driven by vision and will to make money rather than need to live. So they will anyway not shift there (they may even be owning home and living in area which now has high noise and pollution levels ;)). So count them out.

    Not everyone who works in HJ is outsider. Many may already own a home in pune/pcmc areas. Count those out.


    Those who are new to city or need to buy new home (as paternal one has outgrown the need or for individual freedom), would consider all the options that are feasible. In developed countries, people travel miles and miles to their workplace. In mumbai, people travel hours (not that these always represent good lifestyle but this is true).

    It is not always possible to find best match of area where you want to live (as your home), job location of all members in family and it's change from time to time, school of your liking/interest/budget, kind of social surrounding, kind of infrastructure, (noise and pollution level, quality of water ;)) etc.

    So essentially, home buying (or even deciding not to buy a specific one) is a compromise on some things. Many may opt to buy where it is closer/connected to their existing roots or where they feel comfortable in a new city. They may compromise on some things and accept some travel time/hassle as one of those.


    Leaving aside many other aspects to avoid making this a huge post. But if one could live where one wants to, can work out all other aspects around and spend acceptable amount of daily traveling time to and fro without any danger/risk to life, then one would not mind not living away from BR or Magarpatta or Talawade or Chakan or whichever is the job hub for the person.

    If travel becomes manageable, what pressing reason would a person have to buy home close/in the job hub ?

    Even after 10+ years of existence and thousands of acres of land acquisition, things remain worst for lakhs of people and people do not think they love the location of their work. Some of the things that clearly contradict (i can understand for municipality but even for midc etc.)

    - It is possible to acquire 1000s of acres of land despite protests (google search maangaon protests). It is not possible to do so for patch of 2 kms ?

    - It is possible to plan (and hopefully implement :D) "chakachak" 100+ acres' townships. And tons of them are doable. But business hub of 1000s of acres with lakhs of people working and generating billions of tax revenue can not be planned properly ? Do we really lack architecture capabilities or something else is cooking ?;)


    - Fly overs can be implemented where not needed for private township that does not have any jobs, but nothing can be implemented for continuous, smooth plying of lakhs of job going people ??


    - For lakhs of people, all you can have are tumtums or cabs ? For high paying white collar job workers (whom everyone wants to sell home/education/gadgets at high prices), can't there be sustainable, eco-friendly and reasonably priced transport ?


    - Add to all - finally, how many home units are going to be built in HJ so that distance is walkable - say 20K or 30K (well i don't know the numbers so correct as needed) ?

    Why all the fuss to attract people to own their own home for end living purposes just so that builders can make money and investors can book profit for such a small number of residences :(

    This location is best suited for houses to be given on rent at affordable price (mix of value for money, decent living and service apt kind of renting). Mixing high density job hub with small % of pure end use residences may make sense for builder and investors.

    But it does not make sense for most end buyers, if they have other alternatives.



    Thanks for your candid views. At least no one will call me out as detractor as it came from you.

    It sure may be beneficial to builder, but what is the use to end users. These end users did not buy at BR for resort-like living (as some nearby scheme advertises). Now they are trapped into confused identity of their scheme that is neither resort-like nor basic (as in existing old set areas) :D




    That's why I mentioned in my earlier post - no offense meant !!

    With cartel marketing and relative pricing, valuation of any city/area can be increased. With business and life of so many people/companies from top to bottom tied to sentiment about pune in general and their locations of interest in particular, any thing can happen in terms of asking price.

    Anyone who is an investor, can use vision and take a call ;) End buyer sure needs to be watchful.

    In business, there can be profit or loss. Till now, RE business is being manipulated so that it defies above common sense.

    But who knows, what is in store tomorrow. Throw dice based on your own call ;););)


    You said
    In developed countries, people travel miles and miles to their workplace. In mumbai, people travel hours (not that these always represent good lifestyle but this is true).

    My Answer
    They travel miles because of cheaper prices than city. Currently at BR you are already getting cheaper prices than city. You have to note down one fact - Everywhere else, city has jobs and people have residences at outskirt. At Pune, jobs are at outskirt (hinjewadi) and people are thinking of why to live in Pune when job is in Hinjewadi and RE prices are lower at hinjewadi and no pollution.

    You said
    If travel becomes manageable, what pressing reason would a person have to buy home close/in the job hub ?

    My Answer
    Clean area, no littering, people with civic sense, no noise/air pollution. All advantages of gated community. Add one more advantage of proximity to office. Why would anybody stay anywhere else?

    You said
    For lakhs of people, all you can have are tumtums or cabs ? For high paying white collar job workers (whom everyone wants to sell home/education/gadgets at high prices), can't there be sustainable, eco-friendly and reasonably priced transport ?

    My Question
    Aren't employers providing transport for employees? If they aren't then I guess it is a serious business opportunity.

    You said
    - Add to all - finally, how many home units are going to be built in HJ so that distance is walkable - say 20K or 30K (well i don't know the numbers so correct as needed) ?

    My Answer
    Around 70K people work at Hinjewadi. So 30K apartment at walkable distance (within radius of 6 KM) is very good achievement.

    You have also cribbed about pathetic implementation of public infrastructure and good implementation of private infrastructure.
    My Answer - That is story of Indian democracy. To change it, a lot more effort is required. :)
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  • I think BR is going to be very good township...all the people criticising it..I have only one thing to say...the grapes are sour....if you can not afford to buy at the prices the builder is demanding go find some other projects...I don,t care if my statement offends anyone...at end of the day if I am getting all the facilities and secured envirment as promised by builder...as very good finished product as shown in the show home 5 bhk flats....I am happy with it...so all the people who do not own a flat in BR or can not afford to own one stop criticising it...let the people already booked a flat or want to book a flat come and post in this thread..end of story...
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  • Originally Posted by suamuni
    I think BR is going to be very good township...all the people criticising it..I have only one thing to say...the grapes are sour....if you can not afford to buy at the prices the builder is demanding go find some other projects...I don,t care if my statement offends anyone...at end of the day if I am getting all the facilities and secured envirment as promised by builder...as very good finished product as shown in the show home 5 bhk flats....I am happy with it...so all the people who do not own a flat in BR or can not afford to own one stop criticising it...let the people already booked a flat or want to book a flat come and post in this thread..end of story...


    Suamuni and Singhania Saab,

    I have another explanation for what's going on here....

    Success of BR violates long held (almost religious) views of many on how real-estate market is suppose to behave.

    Faced with reality, they come out with long drown explanations for why what's already happening is just not suppose to happen.

    Massive long-term success of BR is (and will remain) an eye-sore for too many.

    Similarly...
    Right now there is debate unfolding here in US on gay marriage.
    The conservatives who oppose it openly admit that successful married gays violate their long held image of what a marriage is suppose to be.
    They can't some how accept reality and keep coming out with various explanation from scriptures and so on....

    Guys..... verbiage by some (and brick-throwing by others) will not change the fact that carpet is being pulled from underneath !

    If what I am saying above is not right........then....
    You are right, grapes are sour may be the only explanation left.
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  • Suamuni,

    What customization have you ordered ?

    I have told them to...
    add all provisional electrical out-lets,
    make all out-lets universal ( US and India ),
    increase height of the kitchen platform to let dish-washer fit.
    add plumbing-electricals for the dish-washer,
    take out sink from the hallway,
    replace all regular windows with mosquito-mesh once (this one is relatively expensive),
    add wired-internet facility in every room,
    add glass door-partition in every shower without tub.

    Suamuni, since you have just booked your apt. may be you have not had chance to think of changes.
    You should look into above list and more before its too late.

    Please suggest further changes if you can think of any.
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  • Originally Posted by Superduper
    Suamuni,

    What customization have you ordered ?

    I have told them to...
    add all provisional electrical out-lets,
    make all out-lets universal ( US and India ),
    increase height of the kitchen platform to let dish-washer fit.
    add plumbing-electricals for the dish-washer,
    take out sink from the hallway,
    replace all regular windows with mosquito-mesh once (this one is relatively expensive),
    add wired-internet facility in every room,
    add glass door-partition in every shower without tub.

    Suamuni, since you have just booked your apt. may be you have not had chance to think of changes.
    You should look into above list and more before its too late.

    Please suggest further changes if you can think of any.

    Thanks for the suggestion super duper,I will definitely think about them...I have already requested to merge bedroom 5 and 4....,but changes you requested seems good..I will definitely request those as well..thank you again.
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  • Friends,

    How much would a golf facing flat (about 11 sqft) cost incl all charges?
    CommentQuote
  • Superduper,

    You may be right in your world but couple of facts need to be brought to the fore.

    1. Area like Thane is much more developed with lot less clutter than the approach Road to Hinjewadi.

    2. Its still a decade away for Place like Hinjewadi and Township like BR to become comparable to place like Thane. FYI, Pl check on Lodha Luxuria / Vasant Lawns for better comparison

    Hope this gives some perspective for comparison.



    Originally Posted by Superduper
    Uncle Ji,
    You are right..
    If one considers some project around Mumbai and Blue Ridge to be an fundamentally different(like most people do), comparing them is a futile exersice.

    But if we step back and take a look at them from a distance...and see both of them in the same light...we find.....
    In Mumbai-area projects "the law of diminishing return" hits really hard.
    In Mumbai-area the product is for 4 times the price and is usually of 1/4th the quality (and Sq-feet) as compared to Blue Ridge.
    I am talking about quality of neighborhood, school, planned-amenities, traffic, noise, pollution, cost of living, weather ....and so on and on.

    Again I repeat my first sentence.
    If one considers some project around Mumbai and Blue Ridge to be different like India and USA are, there is no point in comparing them.
    They both bring different strengths and weaknesses on the table.
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  • Originally Posted by pune_friend


    Leaving aside many other aspects to avoid making this a huge post. But if one could live where one wants to, can work out all other aspects around and spend acceptable amount of daily traveling time to and fro without any danger/risk to life, then one would not mind not living away from BR or Magarpatta or Talawade or Chakan or whichever is the job hub for the person.

    If travel becomes manageable, what pressing reason would a person have to buy home close/in the job hub ?

    this is the utopian dream i was referring to in my reply :) if indian system could get these things right then indian labor cost would not have a advantage over US or european labor cost and we would have had a hinjewadi :)
    by the time all the things u have mentioned above come true the city limits would have increased further


    Even after 10+ years of existence and thousands of acres of land acquisition, things remain worst for lakhs of people and people do not think they love the location of their work. Some of the things that clearly contradict (i can understand for municipality but even for midc etc.)

    - It is possible to acquire 1000s of acres of land despite protests (google search maangaon protests). It is not possible to do so for patch of 2 kms ?

    - It is possible to plan (and hopefully implement :D) "chakachak" 100+ acres' townships. And tons of them are doable. But business hub of 1000s of acres with lakhs of people working and generating billions of tax revenue can not be planned properly ? Do we really lack architecture capabilities or something else is cooking ?;)


    - Fly overs can be implemented where not needed for private township that does not have any jobs, but nothing can be implemented for continuous, smooth plying of lakhs of job going people ??


    - For lakhs of people, all you can have are tumtums or cabs ? For high paying white collar job workers (whom everyone wants to sell home/education/gadgets at high prices), can't there be sustainable, eco-friendly and reasonably priced transport ?


    - Add to all - finally, how many home units are going to be built in HJ so that distance is walkable - say 20K or 30K (well i don't know the numbers so correct as needed) ?
    this is the classic eg of public vs private ownership. leave something to the govt - roads, electricity, water - and we have a shortage but let the private sector produce it and we have excess and people have choice - cars, cell phones, clothes, food


    Why all the fuss to attract people to own their own home for end living purposes just so that builders can make money and investors can book profit for such a small number of residences :(

    This location is best suited for houses to be given on rent at affordable price (mix of value for money, decent living and service apt kind of renting). Mixing high density job hub with small % of pure end use residences may make sense for builder and investors.

    But it does not make sense for most end buyers, if they have other alternatives.




    u will be suprised how fast the social infra gets in place (its done by citizens and not by govt) as compared to physical infra. people are not buying in BR or MP to make builder happy. there are investors and there are end users. investors know the potential, they have seen dhanukar colony which came around cummins industries. they know about pimpri chinchwad which came around auto sector.



    It sure may be beneficial to builder, but what is the use to end users. These end users did not buy at BR for resort-like living (as some nearby scheme advertises). Now they are trapped into confused identity of their scheme that is neither resort-like nor basic (as in existing old set areas) :D



    i think the only people who are trapped are the people who haven't had the vision to buy in BR in 2009 when there was a discount being offered. a golf course is just a green patch. there is no resort. if the golf course becomes a flop it will be changed to a normal garden.
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  • Originally Posted by herohiralal
    this is the utopian dream i was referring to in my reply :) if indian system could get these things right then indian labor cost would not have a advantage over US or european labor cost and we would have had a hinjewadi :)
    by the time all the things u have mentioned above come true the city limits would have increased further


    That exactly is the point. Even after being launched 5 to 6 years ago (and probably to be completed by now), what exactly exists in BR or NC or MP or any other fancy township we are talking about (same applies to tons of normal schemes as well, but anyway) ?

    If things were all set as planned, there won't be tons of user ids on this forum trying to find bakras for 5 bhk and all that ;);)

    Whatever rosy pictures were drawn years ago are still utopian dream. Lots have changed and most importantly, people are going to pay hefty money on month by month basis for whatever is there (and not there).

    And when one steps out of any of these fancy townships, where is one going to land and who will they depend on for things to be in place ? Are they not going to face the road traffic/pollution if it is not solved ?

    Or is it that people are going to live inside their home/scheme with all their friends/relatives also expected to be in the same scheme whole of their life

    Spread thinking that matrix is life is the biggest selling pitch made when these townships were conceived. Unfortunately, life is much more than that :)

    Originally Posted by herohiralal

    this is the classic eg of public vs private ownership. leave something to the govt - roads, electricity, water - and we have a shortage but let the private sector produce it and we have excess and people have choice - cars, cell phones, clothes, food

    I disagree. It is not. I would have been happy if it was truth.
    This is pure manipulation and business tactic. And excellent example of cleverness + efficiency on part of entire business eco system (Netas and builders being partners and babus etc. being executors + earning malai)

    These people are here to sell whole of India and it needs to be done systematically. Like kathputali show, threads need to be controlled and released as needed from time to time to keep show going as desired. That is what is happening.

    If you look at Volvo, Shivneri (run by ST ) is providing one of the most efficient and timely service. Private operators are not coming anyway close, in fact they are pathetic.

    Pashan Sus road was constructed in record 1 month time just prior to CWG. By the very same people of govt.

    On the other hand, assuming everything is going to be well with some private scheme just because it is private is like being blind to reality.


    Originally Posted by herohiralal

    u will be suprised how fast the social infra gets in place (its done by citizens and not by govt) as compared to physical infra. people are not buying in BR or MP to make builder happy. there are investors and there are end users. investors know the potential, they have seen dhanukar colony which came around cummins industries. they know about pimpri chinchwad which came around auto sector.

    How many decades did these areas take to reach where they are today ?

    Also, the difference is - these were not fancy private townships costing tons even before day 1 . And these were not on leased land (if they were, feel free to correct me).


    Originally Posted by herohiralal

    i think the only people who are trapped are the people who haven't had the vision to buy in BR in 2009 when there was a discount being offered. a golf course is just a green patch. there is no resort. if the golf course becomes a flop it will be changed to a normal garden.


    Well, some posts (not yours) are deliberately trying to talk about people who are not able to buy and sour grapes and trapped etc.

    The only people who are trapped are those who have selling targets to meet. For others, it does not matter.
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  • Originally Posted by fatichar
    Friends,

    How much would a golf facing flat (about 11 sqft) cost incl all charges?


    faticharbhai,

    upsc ki preparation golf dekhate karana chahate ho ?

    Ya fir upsc ke baad golf (i.e. big garden) se kam aap ko kuchh pasand nahi aayega ?

    Btw, golf khelana hi hai to mumbai - bangalore highway pe aur bhi professional golf course hain. Kafi sal se hain. Par sirf golf view dekhana chahate ho to aur baat hai

    Anyway, Fir se golf... lagey raho !!
    CommentQuote
  • Originally Posted by pune_friend
    That exactly is the point. Even after being launched 5 to 6 years ago (and probably to be completed by now), what exactly exists in BR or NC or MP or any other fancy township we are talking about (same applies to tons of normal schemes as well, but anyway) ?

    If things were all set as planned, there won't be tons of user ids on this forum trying to find bakras for 5 bhk and all that ;);)

    Whatever rosy pictures were drawn years ago are still utopian dream. Lots have changed and most importantly, people are going to pay hefty money on month by month basis for whatever is there (and not there).

    And when one steps out of any of these fancy townships, where is one going to land and who will they depend on for things to be in place ? Are they not going to face the road traffic/pollution if it is not solved ?

    Or is it that people are going to live inside their home/scheme with all their friends/relatives also expected to be in the same scheme whole of their life

    Surely you do not think buying in a township at this stage is right but thats ok. Investors have the holding power and have bought at the right price at the right time so are happy with my decision. Now people might realise the potential of BR and Hinejwadi after say 4 yrs but then that will be their decision. Check this forum for other stuff that is coming up in hinjewadi and you will realise that within the next 2-3 yrs it will have everything that one needs for a decent life. If the connectivity between Hinjewadi gets sorted then even better but by that time Baner will be full and investors will have to look at other areas further down the express way for gains.

    Investors need to think 5-10 yrs in advance and hinjewadi will be very good place to stay and work over that time period.

    Buying into BR when it was launched was stupidity but there was a discount given in 2009-2010 and that was the right time to enter.


    I disagree. It is not. I would have been happy if it was truth.
    This is pure manipulation and business tactic. And excellent example of cleverness + efficiency on part of entire business eco system (Netas and builders being partners and babus etc. being executors + earning malai)

    These people are here to sell whole of India and it needs to be done systematically. Like kathputali show, threads need to be controlled and released as needed from time to time to keep show going as desired. That is what is happening.

    If you look at Volvo, Shivneri (run by ST ) is providing one of the most efficient and timely service. Private operators are not coming anyway close, in fact they are pathetic.

    How much money has MSRTC lost over the yrs and how much have the tax payers have to subsidize it to keep it alive? If isnt was not for the support of the govt it would have failed long time back. you and me are paying taxes thru our nose to keep Air India, BSNL, SBI, state transmission and distribution companies, MTNL, etc working. There is no debate to be had on private vs public. Look at that new gimmick called Akash tablet. What a serious waste of money.

    Pashan Sus road was constructed in record 1 month time just prior to CWG. By the very same people of govt.


    On the other hand, assuming everything is going to be well with some private scheme just because it is private is like being blind to reality.


    So building something in 1 month is a success when it was not done for 5-6 yrs??
    Obviously all private things are not going to be perfect but the market will determine which private player will do well and which wont. Not like the govt schemes like metro, airport, developed india by 2020, akash, tejas plane, CWG, electricty for all, crap roads, crap airline, crap govt schools, crap govt bus stands, crap govt provided water supply etc.




    Well, some posts (not yours) are deliberately trying to talk about people who are not able to buy and sour grapes and trapped etc.

    The only people who are trapped are those who have selling targets to meet. For others, it does not matter.


    Well like any investment investing in BR at the right time at the right price was key. Its a much better scheme than he ones being done around pune.

    There are many other places where one can earn higher returns than direct RE investing but if one has decided to invest in RE then it much better to go and buy a falt in BR than say somewhere in wakad or some other areas in pune.
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  • Originally Posted by herohiralal
    Surely you do not think buying in a township at this stage is right but thats ok. Investors have the holding power and have bought at the right price at the right time so are happy with my decision. Now people might realise the potential of BR and Hinejwadi after say 4 yrs but then that will be their decision. Check this forum for other stuff that is coming up in hinjewadi and you will realise that within the next 2-3 yrs it will have everything that one needs for a decent life. If the connectivity between Hinjewadi gets sorted then even better but by that time Baner will be full and investors will have to look at other areas further down the express way for gains.

    Investors need to think 5-10 yrs in advance and hinjewadi will be very good place to stay and work over that time period.


    :D at the lines in bold. I have been working out of Hinjewadi since 2004, first phase 1, then phase 2 and now phase 3. Hinjewadi was, and never has been a good place to live out of. A decade back it was the lack of anything else (other than a few IT offices) and today it is the lack of decent connectivity conditions.

    That is the bane of any project in Hinjewadi, and it will always remain for a long time to come. And I'm not talking about price appreciation and returns to investors - that will probably happen in its own sweet time. I'm simply talking about a "peaceful" and "decent" life in Hinjewadi. You can hope anything for any time frame, but I and a majority of the folks on this forum and elsewhere will put our money/bets elsewhere!
    CommentQuote
  • Originally Posted by pune_friend
    faticharbhai,

    upsc ki preparation golf dekhate karana chahate ho ?

    Ya fir upsc ke baad golf (i.e. big garden) se kam aap ko kuchh pasand nahi aayega ?

    Btw, golf khelana hi hai to mumbai - bangalore highway pe aur bhi professional golf course hain. Kafi sal se hain. Par sirf golf view dekhana chahate ho to aur baat hai

    Anyway, Fir se golf... lagey raho !!


    I don't want to play golf.

    I don't have plan of making any RE purchase in next 1 year.

    Real Estate is a hobby.

    Anyway, nice to know that you had good time guessing my plans :)
    CommentQuote
  • Originally Posted by ninjatalli
    :D at the lines in bold. I have been working out of Hinjewadi since 2004, first phase 1, then phase 2 and now phase 3. Hinjewadi was, and never has been a good place to live out of. A decade back it was the lack of anything else (other than a few IT offices) and today it is the lack of decent connectivity conditions.

    That is the bane of any project in Hinjewadi, and it will always remain for a long time to come. And I'm not talking about price appreciation and returns to investors - that will probably happen in its own sweet time. I'm simply talking about a "peaceful" and "decent" life in Hinjewadi. You can hope anything for any time frame, but I and a majority of the folks on this forum and elsewhere will put our money/bets elsewhere!



    Well in 2004 even wakad, baner, balewadi and pimple saudagar werent good places to stay but see what has happened since then. An investor cant just see things as they stand today and invest. Look at the potential of Hinjewadi with 5 townships planned (most of them sold out and the recently launched one seeing decent demand) so why would hinjewadi not be a liveable area?

    Since 2004 the number people working in Hinjewadi has gone up exponentially and we have seen the flyover in wakad, 5 star hotels, schools, malls and now a multiplex and even mor hotels and even more schools so things are going in the right direction and so an investor needs to look at hinjewadi.

    Which other areas have u decided to invest in as compared to hinjewadi? Now where ever u have decided to invest you would have done a list of +ve and -ve aspects and the same needs to be done about hinjewadi.

    Prices in BR have risen from 2800 in Jan 2010 to 5500 today so if one had decided to invest in RE in 2010 then I think that person has done quite well.
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