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 AnkitS
    True that..the forum does tell you about the rigidness of the old mindset..you have to accept the fact that some people will only believe in what limited exposure they've had and are not willing to adapt with the times..


    True. Toh 5 bhk kab le rahe ho ?

    Jab bhi lo, flat ka number jaroor batana. US mein rehanewale bhavi padosiyon se pehchan bhi ho jayegi isi bahane
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  • Originally Posted by pune_friend
    True. Toh 5 bhk kab le rahe ho ?

    Jab bhi lo, flat ka number jaroor batana. US mein rehanewale bhavi padosiyon se pehchan bhi ho jayegi isi bahane


    Aapkey mun mein ghee shakkar..5 BHK flat toh lena heen padega pune friendjee..aur IREF mein rent par rehney waaley, NDTV dekhney waaley bhi bahut mil jayenge..old mindset and what not..only when you see people with such mindset can you appreciate the fact that you have moved ahead with times...thank you for opening our eyes..:bab (45):
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  • @suamuni,
    you talk about baner being crowded & narrow roads - I wonder if you have traveled to Hinjewadi during traffic hours (which is nowadays throughout the entire day more than just a few hours).

    Anyway you made one valid point about needless energy being wasted - I'll take that as meaningful advice & end the discussion from my side.

    Originally Posted by s.sighaniya

    You are surprised to see that I am talking about you being the customer, and not myself too. Well, at this point I am not customer but I may become a customer. In that sense, I am doing a bad thing to myself by projecting higher rentals. But I am just putting my thoughts as a third party and trying to figure out why people are avoiding Hinjewadi? just because there are no clubs, hotels, restaurants, malls, schools, hospitals and friends? I think all will come sooner than later. I haven't figured out about balewadi and its social infra and reasons for current state.


    My points only were to correct a few of your assumptions, with a more realistic outlook at the current condition of Hinjewadi. A lot of Pune city people do not comprehend the issues of Hinjewadi and assume it'll get better as time passes.

    However I do understand your view & the points you made as per that.
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  • Originally Posted by realacres
    Saw plenty of discussion here & would like to ask following questions :-

    > School, shops etc. will be in BR or MP. OK. But what about rest ? Station, bus, airport ?

    > It is not that one needs only single multiplex, I go to Adlabs, K'nagar or PVR, V'nagar even when E Square or R-Deccan city pride are closer for me. One gets bored with same stuff, so needs change, be it theatre, hotels or just hangout places.

    > Pune has expanded a lot, but how many places can boast to be chill-out places like FC road, Deccan or KP ? I bet not a single township can give you the feel of walking around these areas with your pals, & enjoying some coffee.

    > Then there are people who like plays, music. I am big fan of gazals & opera (nothing in Pune for Opera though:() ; can you replace Balgandharva ? No. Even Yashwantrao Chavan at Kothrud can't, let alone anything else.

    > There are music events like Savai Gandharva & some of friends go there on all days. How do you expect to attend these from Hinjewadi ?

    > If you are staying with your parents, I don't know what BR, MP or entire Hinjewadi has to offer to them, especially if they are retired.

    > BR is just 130 acre, peanuts when compared to Nanded City or Amanora.
    And if buyers here are calling BR or MP as city of tomorrow, then NC or Amanora will be real megapolis competing with New York, Shanghai & Hong Kong.

    > People here emphasis too much what is inside BR. My question is this :-
    What is there outside BR or MP or LR ?

    > Some said PCMC developed because of auto cluster. Correct, the the infra was done by Govt spread over thousands of hectares & not 100 acres. See the difference.

    > Nanded City which has far superior connectivity to Pune than Hinjewadi has rents of 7.5k for 2 BR costing around 45L.

    What Pune needs today is satellite city, something like Gurgaon but planned like Chandigarh. These townships aren't going to help solve issues coz the moment you step outside the townships, you are 100% dependent on PMC :D, be it road, public transport or even street lights.

    Apart from this, the idea never appealed to pay to the builder where land is not owned by us & for entire life, we need to play by builders' rule. :o


    Well..I've seen people in IREF contradict their earlier views in different posts..first time I'm seeing someone contradict his/her own views in the same post..:bab (59):

    Agar koi movie dekhney travel kar sakta hain dur tak toh station/airport ya opera jaaney key liyen kyun nahi...saal mein kitni baar movie dekhtey ho aur kitni baar station/airport/opera jaana padta hain..look at the percentages..

    parents toh aur BR aur MP enjoy karenge..peaceful life..you mean they should be in the heart of the city with noise and air pollution?

    PCMC ka infra thodi overnight ready hua tha key PCMC ka comparison deh rahey ho..

    Baseless arguments as always..
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  • Originally Posted by pune_friend
    Well, we do not own anything in BR or such other schemes. So there is no question of carpet being pulled.

    But when you take possession of the flat, do check flooring below wooden carpet. Who knows what will you get to see ;)

    To get a clue, start looking from parking area. That will give you hints of what to expect when you yourself pull the carpet in your own flat


    Wooden flooring ho ya vitrified..at least bhadey key carpet/floor ko nahi dekh rahey hain nah puri life....:bab (45):
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  • Originally Posted by s.sighaniya
    I was not aware that "Maintainence and repairs paid by tenants. "
    Monthly maintainance charge might have been paid by tenant. But i am not sure whether tenants pay anything above that. Please let me know what is usual practice.

    Rent increase of 50-70 % in 5 years is not a great news. Also, don't get upset if it settles down at 30 Rs/sq.ft. for next 10 years. BR may be quality product but there are many alternatives in vicinity with different price points and quality points.



    FYI, I yet do not have a rental property in India but experience from close relatives is the following...

    Base-rent is usually counted....as
    3% of total value of the property as yearly rent + society maintenance.

    As value of the property increases with inflation and market conditions 3% part is adjusted upwards every 2-3 years.
    Society maintenance is either rolled in the rent or charged separately.

    Repairs too are usually paid by the tenants.....

    So a flat of 1 Cr should ( at the minimum ) get 3 lakh + yearly society-maintenance...as yearly rent.
    If the flat can't fetch that much rent.......its usually not worth renting it out.

    Smaller flats tend to get better rental returns than larger flats..
    But also believe it or not, the larger flats tend to appreciate more than the smaller flats....

    Due to its superior quality and price, I agree, 3 BHK and bigger flats in BR may not be the best "rental property". At least i am not thinking of renting out the 5 BHK.

    Cheers,
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  • Originally Posted by AnkitS
    Agar koi movie dekhney travel kar sakta hain dur tak toh station/airport ya opera jaaney key liyen kyun nahi...saal mein kitni baar movie dekhtey ho aur kitni baar station/airport/opera jaana padta hain..look at the percentages.

    Movie ? Few of my friends are movie buffs, they watch atleast 1 movie/week or sometimes even 2.
    Airport for me is avg 24 times in an year, Mumbai trips additional.

    And by this logic, why buy even at Hinjewadi ? You can buy even in some jungle, how many times you need to go to airport or station, right ? :D

    parents toh aur BR aur MP enjoy karenge..peaceful life..you mean they should be in the heart of the city with noise and air pollution?

    Have you been to cultural events in the city ? Or musical concerts ? I bet not, hence the statements.

    PCMC ka infra thodi overnight ready hua tha key PCMC ka comparison deh rahey ho..

    When PCMC was formed, during that time only the infra was far better.
    It seems you didn't were in Pune then !!

    Baseless arguments as always..

    You should have contradicted my points with reasoning above.

    And request you to use English. Continuous usage of Hindi gets difficult to understand when reading in English.
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  • Deleted on a second thought :-0
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  • Originally Posted by realacres
    Movie ? Few of my friends are movie buffs, they watch atleast 1 movie/week or sometimes even 2.
    Airport for me is avg 24 times in an year, Mumbai trips additional.

    And by this logic, why buy even at Hinjewadi ? You can buy even in some jungle, how many times you need to go to airport or station, right ? :D


    Have you been to cultural events in the city ? Or musical concerts ? I bet not, hence the statements.


    When PCMC was formed, during that time only the infra was far better.
    It seems you didn't were in Pune then !!


    You should have contradicted my points with reasoning above.

    And request you to use English. Continuous usage of Hindi gets difficult to understand when reading in English.


    24 airport trips in a year plus mumbai trips might be for you...not everyone..so what is applicable to you might not be applicable to everyone..

    Musical concerts or cultural events..even if they are 24 such events for you in a year..might not be applicable for everyone..

    During it's formation, PCMC was also called a fringe area by many people..Well people said that for kalyani nagar..viman nagar, aundh, baner and a whole host of other places..with time the so called social / physical infra improves for a location..this is applicable not just for pune but everywhere..It's not that I "didn't was" in Pune then...and if you say that entire PCMC was formed with good roads, ligthing, etc and then residential and commercial projects cropped up..that wasn't the case at all..they both go hand in hand..one cannot precede the other..Hinjewadi is no exception to this rule..
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  • Originally Posted by realacres
    Lets go other way round. Another project of Paranjape :- Forest Trails was supposed to be a bungalow project with stud farms & all premium amenities.
    But now, forget bungalows, 1BR compact flats & even old age home like Athashri has been thrown in. Why the need to modify the layout here then, when there was not even 4 storey building around bungalow, let alone 22 ??
    Reason is simple man, it's simply not selling, else why will builder let go more profitable products ??



    Are you sure bungalows are more profitable than flats? In any case if the builder wants to adjust then its his/her choice. The people who want to buy or invest have to judge the project rationally and decide for themselves.

    But its very common to see plans being changed by any producer in all sectors so I dont take that as a -ve. Its people adjusting to the market similar to how a mechanical or electrical engg decides to join an IT firm.
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  • Originally Posted by realacres
    Saw plenty of discussion here & would like to ask following questions :-

    > It is not that one needs only single multiplex, I go to Adlabs, K'nagar or PVR, V'nagar even when E Square or R-Deccan city pride are closer for me. One gets bored with same stuff, so needs change, be it theatre, hotels or just hangout places.


    You go different multiples for a change!! If thats what you want then u need to stay in the citycentre but then if you happen to work in Hinjewadi (for whom BR is really built) then you will be able to visit different multiplexes but will have to spend hrs travelling to office unless you have the option to work from home.


    > Pune has expanded a lot, but how many places can boast to be chill-out places like FC road, Deccan or KP ? I bet not a single township can give you the feel of walking around these areas with your pals, & enjoying some coffee.

    Yes agreed. The question for a new buyer is whether to pay 12-15K for a flat in the city with all these "advantages" or pay 5K for a flat in a township. Its really all about money and what ones is willing to "sacrifice" in return. My personal opinion that once a person has spent 5-10 yrs in an area they adapt to that area and the community develops so for majority of the people who cant afford 12-15K rates the option is to buy somewhere far away from the city center and build a community there.


    > Then there are people who like plays, music. I am big fan of gazals & opera (nothing in Pune for Opera though:() ; can you replace Balgandharva ? No. Even Yashwantrao Chavan at Kothrud can't, let alone anything else.

    > There are music events like Savai Gandharva & some of friends go there on all days. How do you expect to attend these from Hinjewadi ?


    You need to avoid BR at all cost then :) You will end up spending hrs trying to get to city center from BR.



    > People here emphasis too much what is inside BR. My question is this :-
    What is there outside BR or MP or LR ?



    Nothing at the moment but like I have mentioned before look at past examples of Wakad, Baner and Pimple Saudagar, When people start staying the associated infra - banks, shops, malls, hotels, schools, etc - come up very fast and people are keen to make money



    > Nanded City which has far superior connectivity to Pune than Hinjewadi has rents of 7.5k for 2 BR costing around 45L.



    Nanded city has it advantages but its biggest disadvantage is that its right in front of a dam so I would not buy a flat in front of dam which has burst previously. Apart from that small issue I think Nanded can turn out to be a good scheme but people who work in hinjewadi or want to profit from the thousands of people working in HJ should have invested in BR a few yrs back.


    What Pune needs today is satellite city, something like Gurgaon but planned like Chandigarh. These townships aren't going to help solve issues coz the moment you step outside the townships, you are 100% dependent on PMC :D, be it road, public transport or even street lights.


    So till this dream comes true people should stop buying and investing RE? These townships are not supposed to solve anything apart from provide housing to the buyer or provide an investment avenue for the investors. Its a township not a mega plan to solve world hunger and war :)
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  • Does anyone know if BR has a public hall for community events, private parties, music programs and such..?
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  • Originally Posted by AnkitS
    24 airport trips in a year plus mumbai trips might be for you...not everyone..so what is applicable to you might not be applicable to everyone..

    Musical concerts or cultural events..even if they are 24 such events for you in a year..might not be applicable for everyone..



    As pain of commute goes....

    I think a typical BR resident is much better off commuting 2-3 times per week from Hinjewadi to Pune during odd hours / weekends for entertainment / social reasons.....than a Pune resident commuting to Hinjewadi daily during peak hours for work.

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  • Originally Posted by Superduper
    As pain of commute goes....

    I think a typical BR resident is much better off commuting 2-3 times per week from Hinjewadi to Pune during odd hours / weekends for entertainment / social reasons.....than a Pune resident commuting to Hinjewadi daily during peak hours for work.

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    You nailed it in simple words. The arguments of opposition like realacres would be true of week consisted of 5 days weekend and 2 workdays.
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  • Originally Posted by suamuni
    I wonder why you guys are wasting so much energy..if you do not want to rent/buy in BR or can not afford to buy in BR for GOD'S sake go somewhere else. I have bought a 5bhk in BR and I am not going to rent it to any stupid bachelor who will make it a kacharpatti...I will rather keep it vacant and use it whenever I am in India.or allow my family/brothers etc. to use at as a holiday home...the investestors/buyers who are buying in BR can afford to keep it vacant if they don't get suitable family to rent it out...anyways I am not going to rent my flat to any stupid bachelor..especially boys who do not know how to keep a flat clean and liveable.may be girls who at least have some sense...there are many more buyers like me who will pay for good township in proximity to mumbai-Pune express highway..they do not travel by public transport..they own cars and do not have to enter city congestion areas for their daily needs..befor buying in BR I looked at buying a bungalow in baner...but the area was so crowded and the roads were really a narrow...


    Agree with your views and wish to add few points.
    In recent past, it has been observed that renting-out works out against the expected goals - girls or boys usually are least bothered abt the place rented out to them and behave carelessly - they sub-rent the place and make some extra cash in the bargain.

    Also, quite a few suicides happen out of frustration and then no one seems to be intersted in renting such a"suicidal" place anymore..

    it's better to keep vacant or use as holiday home rather than rent-out and get lured by the rental yield etc..

    these are my personal views and ppl can differ....

    cheers!!
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