XRBIA Hinjewadi??

Q:
Xrbia is offering 1bhk units of 400sqft at 14lacs (3500 per sqft). Im planning to invest. Could you pls advice on this project and the location and its prospects. Thanks.

Sohil Shah,

27th February 2013

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Replies (3)

Also Please chheck with the builder as they said that all the flats are sold out, not too sure if they have any to sell

7th March 2013

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I think Rs 3500 per sqft is fine.. However I heard that it was Rs 2600 psft.. Just check with other buyers before investing if the rate is still he same..

Piyush Khoche, Pune

28th February 2013

Comment

Thanks for your response Piyush. 3500 psft is my effective price (after adding up VAT, surcharges , stamp duties etc.). The published price is 3200 psft. I should have mentioned this number initially. Yes, the prices have increased from the last year, but I am not sure if it was 2600 psft. One of my friend invested in this last year and it was 2900-3000 psft.

Sohil Shah,

28th February 2013

Otherwise, i wanted to know more about the credibility of XRBIA or the eiffel group which is running the show? Any thoughts on the company and its previous projects? thanks you very much for your help!

Sohil Shah,

28th February 2013

I have heard lot many rumours when this project started. They were questioning about the legalility and other stuffs. But since now I have heard that around 500-600 registration has been done . No issues with the agreement. No legal issues with the Project approval etc and the project has been approved by banks like SBI etc so they are processing the loans as well.

7th March 2013

Xrbia, Hinjewadi is Xrbia’s first eco friendly project located in the bustling IT hub of Pune. Xrbia Hinjewadi is being developed on approximately 200 acres of land out of which over 40% of the property is dedicated to green open spaces with playgrounds, pools, parks, water bodies, roads, and recreation areas.

Siddharth Rana, Pune

28th February 2013

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