hi all,

i visited park street yesterday. the society entrance is very good. Phase 1 is complete and sold out. Phase 2/3 are under construction. Does anyone know more about it?
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  • Park street is having a high voltage transmission line going across from their project, mainly from the main entrance gate...Would you like to buy flat in a society which is having "high voltage transmission line" going almost 5-10 meters from your window, irrespective of the how impressive is the flat & main entrance ????

    This is just a info, I also liked it when I was searching my flat, but not taken due to above mentioned reason...Rest its everybody's choice & compromise
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  • whats the current negotiated quote psf and the total cost for a 2BHK ?
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  • Facts abou Parkstreet.

    Originally Posted by abhineetmishra1
    hi all,

    i visited park street yesterday. the society entrance is very good. Phase 1 is complete and sold out. Phase 2/3 are under construction. Does anyone know more about it?

    Hello there,
    There are resale flats available in Phase 1 too. But let me warn you of some problems here:-

    1.) Builder had reduced the rate for only first 25 flats late 2008. This scheme is going on. What's more, the negotiations can be done even on this reduced rates. :DLooks as if he has not sold 25 flats in last 7-8 months!

    2.) Some phases don't have amenities like swimming pool, gym etc. & the builder promises free membership for some 5 years for the Parkstreet Club (forgot the name of the club). This club isn't ready nor do I think it will come up in next 3 years or so.

    3.) The main entrance gate was demolished in the road widening process & the builder is yet to construct a new gate (atleast it wasn't there about 1.5 months ago). So, don't know how much frontage area of this project will be lost.

    4.) The builder will give false promises of multiplex, restaurant etc. on their commercial premise between Parkstreet & Mahindra Woods. It will take atleast next 6 years to complete.

    5.) Parkstreet is developed by Pristine Properties, Pride Purple Group etc. This Pride Purple Group also has Park Royale coming up nearby. However, first inquire with the residents of 5 Gardens behind Jagtap dairy how the builder cheated them.

    6.) For the entire project to complete, it will take atleast 10 years seeing current RE & economic scenario. Wakad which flourished on IT Park Hinjewadi is itself in trouble.

    7.) Currently, there are no stores inside parkstreet as said by builders for day to day necessities. You either have to go towards PS or towards Dange Chowk for the same. Hence, the main goal of living in similar to township fails here.

    8.) Internal floor plan changes have been made atleast in Sapphire Park. It may be good for some or bad for others. But yes, if you like one & the plan changes, it is dissapointing, isn't it? Hence, go for ready possession.

    9.) If you have indeed liked the location, you can go for Mahindra Woods just adjoining Parkstreet. It's complete & you can get first hand experience from the residents here. Most importantly, it is built by Mahindra Gesco (now known as Mahindra Lifespaces) & has won some residential awards too. Resale are doing the rounds for INR 2350-2400/sq ft nego.

    Btw, Parkstreet will tell you that there would be a new commercial mall is coming up which includes multiplex, restaurants etc. This is fake as the project won't come up atleast in next 5 years seeing the current RE & economic scenario.

    Conclusion:- Avoid Parkstreet. The entire project will require atleast 10 years to complete. Builder is problematic. Project is not at all VFM.

    REMEMBER:- In current scenario, wherever you buy, go for READY
    POSSESSION flats only.
    You will have limited choices but atleast you will get your house. Under-construction ones may never see the day of light. I have seen this in Delhi-NCR as well as Mumbai.
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  • Comments from buyers.

    anonymous (unverified): The Pride Purple people are a bunch of thieves. I went over to Park Street to see what they had to offer and the whole thing looks like a sham. There is seepage problems in the walls of the sample flats,the same kind of seepage problems that I am experiencing at my Five Gardens property.When I asked for an explanation, I was given some bullshit. They are using substandard material and have no concept of quality.Even after you get possession many of the things that were promised will be left uncompleted.Get into business with them at your own peril.

    anonymous (unverified): The Purple pride builder is a cheat. My friend had booked a flat in Park Street and he is not happy with the way the project is shaping up. First it has already been delayed by some months (they promised to give the possession within 18 months which has long elapsed and still it looks like it would take atleast 8-9 more months). The quality of construction that was promised initially has not been kept. They are using sub standard material (than that was shown in the sample bunglow). The flats in A and B building already have seepage issues.
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  • I have been looking for my dream house for more than 8 months now.This forum and people like REALACRES/SANTOSH/AKSSENTI/SANSEI/MAHESH_PUNE have provided valuable inputs that are helping me in zeroing my property in Pune.

    Now, coming to the subject, One of my relatives (uncle) lives in RUBY PARK of Park Street project and he has absolutely had no problems with the construction quality and the builder atrocities. Infact we discussed about the problems about 5 gardens with the residents who are living in phase-I. We came to know from these people that the builder is quite responsive.He has learnt a lesson in 5G project and is ready to do a better job in Park Street.

    Personally, I liked Park Royal and Park Street project than any other project in PS/PG/Wakad area. Rohan Tarang is another better project to invest in.

    Every builder is now facing problems these days. After a lot of thought and your valuable inputs I have shortlisted 3 below projects for my dream flat -

    Rohan Tarang
    Park Royale
    Park Street Sapphire Park

    Pls advise.

    Disclaimer : These are my personal views. To live with a family and parents & our workplaces,I feel these projects are better equipped in all respect. Thx -
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  • Originally Posted by harishkulks

    Every builder is now facing problems these days. After a lot of thought and your valuable inputs I have shortlisted 3 below projects for my dream flat -

    Rohan Tarang
    Park Royale
    Park Street Sapphire Park

    Pls advise.

    Disclaimer : These are my personal views. To live with a family and parents & our workplaces,I feel these projects are better equipped in all respect. Thx -

    Thanks harishkulks. Here's my take:-

    1.) At any day I would go with Rohan Tarang because it is Rohan. I know that this project has been delayed by atleast 1.5 years but it is now ready so no problem about possession. I had seen one in E building 9th floor.
    Due to FSI problems, the builder has made only 3 flats out of 6 on 9th floor. The builder has reduced prices from INR 3500/sq ft to INR 2700/sq ft nego.
    However, few options are left in this project.
    Phase 2 is nothing but floor nos. 7,8 & 9 on all buildings. They cancelled A building & made all buildings 9 storey from proposed 7 storey earlier.
    Btw, if builder gets some TDR in future, he may build A building but it is far away, so don't worry about ventilation.
    The best thing about this project is double parking, good amenities space & it is a smart home with no common walls. Booking rate was around INR 2300/sq ft.

    Bad things are:- No good infra nearby like ATMs, hotels etc. Will need to travel atleast 2km everytime. But some shops are coming up in the complex itself. This place is good only if you work at Hinjewadi else it remains quite secluded one with no big projects nearby.

    Parsktreet:- Already discussed.

    Park Royale:- Visit the Park Royale link for more info. Possession date remains a major deterrent. Avoid this.

    Anyways based on your projects here is my list:-

    1.) Rohan Tarang
    2.) Ruby Park (ready possession & better location than Royale)
    3.) Park Royale
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  • Originally Posted by realacres
    Thanks harishkulks. Here's my take:-

    1.) At any day I would go with Rohan Tarang because it is Rohan. I know that this project has been delayed by atleast 1.5 years but it is now ready so no problem about possession. I had seen one in E building 9th floor.
    Due to FSI problems, the builder has made only 3 flats out of 6 on 9th floor. The builder has reduced prices from INR 3500/sq ft to INR 2700/sq ft nego.
    However, few options are left in this project.
    Phase 2 is nothing but floor nos. 7,8 & 9 on all buildings. They cancelled A building & made all buildings 9 storey from proposed 7 storey earlier.
    Btw, if builder gets some TDR in future, he may build A building but it is far away, so don't worry about ventilation.
    The best thing about this project is double parking, good amenities space & it is a smart home with no common walls. Booking rate was around INR 2300/sq ft.

    Bad things are:- No good infra nearby like ATMs, hotels etc. Will need to travel atleast 2km everytime. But some shops are coming up in the complex itself. This place is good only if you work at Hinjewadi else it remains quite secluded one with no big projects nearby.

    Parsktreet:- Already discussed.

    Park Royale:- Visit the Park Royale link for more info. Possession date remains a major deterrent. Avoid this.

    Anyways based on your projects here is my list:-

    1.) Rohan Tarang
    2.) Ruby Park (ready possession & better location than Royale)
    3.) Park Royale


    Hi Harish

    I would go with what Real Acres says. Rohan does have a thing for decent quality and its best to stay away from Pride Purple. He will kill you in maintenance. Also I think while Real acres can be a bit rough some times he has amazing information on real estate and if he says a project is good i would trust him.

    My cousin lives in Rohan Nilay and he has had a great experience with Rohan. There is enough space between buildings and no bogey type buildings. My only concern with Rohan was price. He quoted 40 for 2 BHK when i called him in Feb. Thats a lot for Wakad but Rohan is a trustworthy builder.

    Hope you get a wonderful house.

    To all other people buying homes. I honestly pray to god you get the best deals possible.

    Regards
    Akssenti
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  • A random link for Rohan Tarang..

    allcheckdeals.com/project-rohan-tarang-wakad-pune.php
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  • However good the construction be, it doesnt sound exciting to stay in a place which doesnt have any decent shops around. The area around Rohan Tarang doesnt look like its going to be developed soon. Its better to buy in an upcoming locality like pimple saudagar/akad which atleast has good shops and malls coming up in the near future. Ruby park would be a good choice simply because its ready possession and construction quality is not that bad (as compared to G.K projects). Park royale is good too, but you will have to wait some time for possession.
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  • Yes from your list I will also suggest Rohan tarangas he is good builder and flats are ready possession. My only concern abt this project is that it is isolated from other projects. Nearby area is snall houses and locals with different standard of living. Shops , malls, schools , crests , doctors , medicals stores , sweet shops will not come nearby as there are no other good projects & customers for them. No place to have morning or evening walk.
    I do not want to confuse you but why Monte verte - Tropez is not in your list ? It is good builder , nice project and all necessary facilities will definately come up in some time.
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  • Thank you REALACRES/AKSSENTI/MAHESH_PUNE for providing me the valuable inputs. Here's my take & experience -

    Rohan Tarang - I was interested in 2.5 BHK. Visited Rohan Tarang site and the sales person showed some 3 BHK flats (~1500 sq ft) which got cancelled due to economic downturn. The flat layout is excellent and construction quality is at par.However, as rightly pointed out, I did not see any development nearby for grocery/shops or say a garden where my mother can spend some time.There is one temple near the river side as well as a mosque plus unplanned development by local residents.Also, 3BHK flats are going over 47 Lacs ALL inclusive hence was way too high against my budget. I am not interested in 2 BHK either...so Rohan Tarang has lost a genuine buyer like me. I would not pay 47 Lacs for 3 BHK in Rohan Tarang for sure... at wakad..I would love to invest this much amount in Paranjape's Magnolia on Baner-Pashan Link road ready possesion 2 BHK flat instead of Rohan...with all amenities nearby :)

    Park Royale - Excellent flat layout for 2 & 2.5 BHK & good construction quality. However POSSESSION seems to be a problem.I don't want to go for under construction property as I live in a RENTED apartment now.Considering "committed" possession by builder in DEC-09, I think actual possesion date would be somewhere in FEB/MARCH if everything goes well. I have my doubts and I don't have liquid money to spend on both RENT and PRE-EMI's.:D Hence I am dropping this idea of buying a flat here in Park Royale.

    Park Street, Sapphire Park - As told earlier, my uncle and 2 of my friends stay there in Ruby park and Sapphire Park respectively. I went there and enquired about the construction quality/maintenance issues/problems (if any) with the builder...and these guys have "surprisingly" given me a good feedback.I went to Sapphire Park's D/E/H buildings where flats are sold out already and people have moved in and started their day to day activities. Talked to them and felt nice. Then went to Sales department where I found a good deal....sorry....BEST deal so far in my house search in last 8 months. I absolutely never thought that I would get such a deal here in Park Street. I have waited for years to find my dream flat. Got a fantastic deal for 3BHK flat in Sapphire Park, ready possession and ready to move in. After 8 months of REAL GRINDING, i have finally decided to close this deal. I work in Hinjewadi (i am not an IT person ...am a hardcore mechanical engineering guy ) and my wife works as a Denstist . Considering the feel & standard of a society and a good response from the builder as well as nice feeling talking to the residents & considering future development and appreciation of that area, I have decided to close the deal.

    Mont Vert -Tropez - Dear Mahesh...As you have pointed out, I went there and negotiated really hard for 3 BHK.But the flat was not fitting my budget.Also my wife did not like the flat layout. The buildings are very close to each other when you stand in the terrace.I got a "sad" feeling when I went to see the ready flat. Did not feel from the heart that I want to live in this flat. Hence dropped the idea. Heard lot of complaints about this builder also....but cancelled the idea of booking here simply because my wife did not like it ...

    So...finally after heck of a time, I am closing the deal in Park Street Sapphire Park...where I have found a place in this REALLY BAD RE world.

    Again...I would like to thanks each one of you on this forum who have guided me all along my house hunt.

    Sorry If I have written too much on this forum...but I really wanted to thank each one of you who are doing a very good job on this forum for the first time buyers like me.
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  • Beware of Montvert Tropez.

    Originally Posted by mahesh pune

    I do not want to confuse you but why Monte verte - Tropez is not in your list ? It is good builder , nice project and all necessary facilities will definately come up in some time.

    Start a new thread for MV. Will post the irregularities. MV is good if you want to donate the money to builder. Btw, here is the link to show the problems about MV Tropez:-

    ]http://www.punescoop.com/story/2007/3/5/5211/73725

    Now please don't ask more about MV. Builders like Kumar Builders, MV, Goel Ganga, Siddhivinayak,Aditya, Pride Purple etc. else as akssenti said I will be forced to be rough to send a proper message. Saying such builders as good builders is like saying that prostitutes are virgin. (:(Sorry prostitutes for this comparison).

    Now please don't ask more about MV. Builders like Kumar Builders, MV, Goel Ganga, Siddhivinayak,Aditya, Pride Purple etc. else as akssenti said I will be forced to be rough to send a proper message. Saying such builders as good builders is like saying that prostitutes are virgin. (:(Sorry prostitutes for this comparison).
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  • Originally Posted by realacres
    Start a new thread for MV. Will post the irregularities. MV is good if you want to donate the money to builder. Btw, here is the link to show the problems about MV Tropez:-

    ]http://www.punescoop.com/story/2007/3/5/5211/73725

    Now please don't ask more about MV. Builders like Kumar Builders, MV, Goel Ganga, Siddhivinayak,Aditya, Pride Purple etc. else as akssenti said I will be forced to be rough to send a proper message. Saying such builders as good builders is like saying that prostitutes are virgin. (:(Sorry prostitutes for this comparison).
    realacres, Thanks for sharing the list of all the bad builders of Pune, which contains almost all the big names..so could you please share the list of the good builders (if you think there is any )..I dont think you can name a single builder in pune against which u dont get any complaint posted on internet...

    I am very eager to know the names ;)
    realacres, Thanks for sharing the list of all the bad builders of Pune, which contains almost all the big names..so could you please share the list of the good builders (if you think there is any )..I dont think you can name a single builder in pune against which u dont get any complaint posted on internet...

    I am very eager to know the names ;)
    realacres, Thanks for sharing the list of all the bad builders of Pune, which contains almost all the big names..so could you please share the list of the good builders (if you think there is any )..I dont think you can name a single builder in pune against which u dont get any complaint posted on internet...

    I am very eager to know the names ;)
    realacres, Thanks for sharing the list of all the bad builders of Pune, which contains almost all the big names..so could you please share the list of the good builders (if you think there is any )..I dont think you can name a single builder in pune against which u dont get any complaint posted on internet...

    I am very eager to know the names ;)
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  • Originally Posted by ash7979
    realacres, Thanks for sharing the list of all the bad builders of Pune, which contains almost all the big names..so could you please share the list of the good builders (if you think there is any )..I dont think you can name a single builder in pune against which u dont get any complaint posted on internet...

    I am very eager to know the names ;)

    Good builders in Pune is like finding pick-pocketer amongst hardcore dacoits (even look at some names:- Darode, Chordia, Magar):D.
    The following is the list of my preferred builders if the project is ready possession, repeat ready possession.

    1.) Vascon
    2.) Paranjape Schemes
    3.) Rohan
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  • Problem with VASCON,ROHAN and Paranjape is they have the holding power & their properties do not fit in a decent salaried man's budget unless both husband & wife are working on a decent salary. Quality wise, they deliver.

    VASCON Willows - In these troubled times also he has maintained INR 4250/ sq ft in a place called Balewadi.

    Paranjape - Crystal Garden on Baner Pashan link road (never know when will the possession start) and ready possesion Magnolia are going around INR 3200/sq ft.

    Rohan : Simply came back from Rohan Tarang site without negotiating as 3 BHK's are going near 50 Lacs and 2 BHK's are going around 41 Lacs...and that too in the area like Wakad (actualyy I would say Hinjewadi :))....Not in middleclass man's budget really.

    I live a decent living with my wife also working, still....not able to afford such high cost of purchase with these builders. Thx -
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