Spectrum Tower Review

Q: Hi, When was this project launched and what was the launching price ? Is it a approved project ?

Krishnendu, Pune

12th March 2014

Residential Project Review in Bhujbal Spectrum Tower, Kharadi, Pune

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pune real estate

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Replies (3)

Hello Aarti,
Kharadi is located on the suburb of Pune. Ithas been growing due to strong economic initiator like EON Free Zone, Zensar Khardi IT Park is already operational in the vicinity. VSNL is already in the Kharadi SEZ. As a result huge residential project is happening in this area. The average capital value at Kharadi stands at about Rs 5000 per sq ft.

However, Kharadi is now a preferred investment destination after Viman Nagar and Kalyani Nagar. Kharadi has all the advantages of location near the IT and industrial hub, proximity to the airport and railway station. So investing in this area till 2-3 yrs will give you a huge marginal profit.

Sunil Kulkarni, Pune

12th March 2014

Comment

Thanks for the information,
What are the sizes of the 2/3BHK and what price is quoted for those? What about discount and negotiation? When are they giving possession? Is there any delay in possession?

Aarti Bal Pathak, Pune

12th March 2014

Comment

It offers 2/3 BHK in 1160-1360 sq.ft, @ Rs.5200/sq.ft. There is no discounts and negotiation as the price was fixed from the launching date.

Project work is in full pace and will give its possession one & half years from now i.e. September'2015.

Sunil Kulkarni, Pune

12th March 2014

Thanks Sunil for all the details,
How is the locality and the connectivity of the project? Does anyone else booked under this project? Can we expect any appreciation in this project?

Aarti Bal Pathak, Pune

12th March 2014

Hi Krishnendu,
Spectrum Tower by Bhujwal Brothers was launched in the November'2013 with the same price Rs.5200/sq.ft

Sunil Kulkarni, Pune

12th March 2014

Comment

Hi everybody,
Any ideas about the approvals from the authority and the bank approvals...as i am planning to buy a units in it worth a lots for me.

Aarti Bal Pathak, Pune

12th March 2014

Well Aarti,
This is a Pune Municipal Corporation approved project and got all the approval from the PMC as well as the Bankers.
ICICI, HDFC, IDBI, AXIS are the leading bankers who are offering loan for this property.

Sunil Kulkarni, Pune

12th March 2014