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The Lake District, Pra Realty, Kondhwa Budruk, Pune
December 5 2009 , 11:20 PM   #1
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The Lake District, Pra Realty, Kondhwa Budruk, Pune

Any Info on this:

|| THE LAKE DISTRICT ||


It seems some US investor is investing money in this project...what is the status as of now....

And do these ppls have guts to complete 110 acres township in Pune when established player like Blue Ridge & megapolis are struggling to get bookings....

It seems these days everybody is seeming big money in Indian RE, without knowing indian conditions...

more views on this are invited...
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-Ashish
December 6 2009 , 09:48 AM   #2
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Quote:
Originally Posted by ash7979
Any Info on this:

]http://www.thelakedistrict.co.in[/url]


It seems some US investor is investing money in this project...what is the status as of now....

And do these ppls have guts to complete 110 acres township in Pune when established player like Blue Ridge & megapolis are struggling to get bookings....

It seems these days everybody is seeming big money in Indian RE, without knowing indian conditions...

more views on this are invited...
Right, it all depends on their conviction to complete the project come what may.

If they stall it because they did not get enought bookings!!!! thats the end of it.

If there are no good aminities around.. again that is the end of it. It does mention a mall will be built... but then that is where conviction comes in to really build it and not leave it for the last and finish it after 15 years.

And if they price it too high.... might not be able to generate enough bookings... and thats the end of it.

VK
December 6 2009 , 12:13 PM   #3
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When has it been launched?
December 6 2009 , 12:25 PM   #4
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December 6 2009 , 01:31 PM   #5
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Quote:
Originally Posted by puser
Seems launched in 2007

]http://ravikarandeekarsblog.blogspot.com/2009/09/pra-realty-launches-lake-district-110.html[/url]
oh, its 2 year old project...anybody have any status update on this project....Real do u have any info on this???
December 7 2009 , 01:03 AM   #6
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Quote:
Originally Posted by ash7979
oh, its 2 year old project...anybody have any status update on this project....Real do u have any info on this???
No updates my friend. Did not even make a site visit to this project either. Just had read about it & forgot as it had that 'K' word in it.
December 7 2009 , 01:23 AM   #7
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Quote:
Originally Posted by puser
Seems launched in 2007

]http://ravikarandeekarsblog.blogspot.com/2009/09/pra-realty-launches-lake-district-110.html[/URL]

Guys, its not 2007, its Sept. 2009
February 17 2010 , 12:37 AM   #8
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Project was launched in September 2009. There is a US RE fund backing the project and they have got construction funding from PNB. Developer is new but very strong & resourceful as they have acquired the 110 acres themselves & also got all sanctions, environment clearance & project funding before launching the project.

Construction of roads etc.. has already started on the site & the developer is claiming they will give possession for first Phase in 2011
February 17 2010 , 02:40 PM   #9
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The builder has no experience in building in any residential projects
How come they are starting with a township project directly ?
110 acres is massive man. is this project for real ?
February 17 2010 , 02:43 PM   #10
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Quote:
Originally Posted by rdb911
Project was launched in September 2009. There is a US RE fund backing the project and they have got construction funding from PNB. Developer is new but very strong & resourceful as they have acquired the 110 acres themselves & also got all sanctions, environment clearance & project funding before launching the project.

Construction of roads etc.. has already started on the site & the developer is claiming they will give possession for first Phase in 2011

RDB911-- I have seen your post on the other thread also. Are you from the marketing team of Lake district ?.Everyone is apprehensive about this project and have questions, how come you are just blatantly saying these marketing things
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