Runwal is not as reputed as Oberoi, Hiranandani or Raheja in the field of construction. But in Mulund, its track record is better than Nirmal. At the moment not many options are available in Mulund west as far as under construction properties are concerned. Builders are expected to launch more projects once the forest land issue is completely resolved. But expect the prices to go up for good projects (like Oberio Exotica) if there is no correction in real estate prices.
If you liked the project, happy with payment options, project is clear and have no problems if there is a delay of 6-12 months then you are alright. You will have to take the risks associated with under construction properties - builder becoming bankrupt, any other legal issue causing delay in completion of the project, quality of construction not as promised. Well, you are not alone, all investors and end users face these risks while investing in UC properties.
Also, I'm not sure if Runwal has developed any premium projects in the past - Anthurium and Greens seems to be first one. So, we will have to wait and see if it can deliver premium projects.
If you want to avoid all the hassle associated with UC properties, look for completed projects or even resale as suggested by Guru Wadia.
People can definitely give you some inputs and also draw your attention to some facts that you might have missed to consider. But finally, you are the best person to decide. And I wish you all the best
I know many of you have booked in the Runwal Greens project so I would like to cross check my loading calculation with you.
When I looked at the online floor plan for 2BHK and 2.5BHK and totalled up the carpet area (excl deck and flowerpot area) and compared it to saleable area, the loading came to 41.3% and 42.3% respectively.
Have I made a mistake here and if so would appreciate your clarifying the same. I got to see a flat at Runwal Pride today and was quite satisfied with the the layout and quality of construction, so have decided to sniff around the Runwal Greens project.
Thanks for the feedback everyone. Should decide sooner with your inputs.
sansunder .. The loading when we calculated also came to something similar. But the people there said the carpet would be 728 sq.ft. which is approx 31% but how much can you trust these people!!!
Before we judge Runwal too harshly a small clarifying question
The 728 carpet area you were referring is for which apt layout:? The reason for asking is the one thing we miss out when using the online layout is the area occupied by the passage. (since no numbers are mentioned there)
Based on your response, we can come up with the implied passage size and also judge the loading to be excessive or not.
Anyhoo it might still be an issue because getting a 31% loading in my 2BHK for example would imply a passsage area of 108 sq ft (almost the size of a small bedroom)
I plan to visit them tomm and will bring up this issue.
On the flat sizes being small comment raised by rameshyahoo, my personal opinion when I compare room by room Runwal with my present parent's flat which is my frame of referenc,. it is actually petty spacious except for the kitchen which feels like a real tight fit.
In essence for me the concern is with the loading per se rather than the actual livable area.