Paranjape Punarvasu Review

Q: Hi, Which all banks have approval for home loans in this project ? What is the present price per sq ft they are quoting now?

Vinay Sharma, Pune

12th March 2014

Residential Project Review in Paranjape Punarvasu Apartment, Prabhat Road, Pune

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Replies (2)

Thanks for the status,
It is heard that project has almost completed? When should i expect for the possession date? Has it got all the approval by the government? If yes, under which authority it comes?

Pravakar Saxena, Pune

14th March 2014

Comment

Well Pravakar,
Yes, bricks and plastery work has been completed and they are giving possession for the property this year in August.

This project comes under Pune Municipal Corporation and has got all the approval.

Rohit Marathi, Pune

14th March 2014

Is it close to Model Colony and Shivaji Nagar? How far is the basic daily needs from the project sites? Why is it the costliest areas of Pune?

Pravakar Saxena, Pune

14th March 2014

Well Rohit,
Prabhat Road along with Senapati Bapat Road, Model Colony and Shivaji Nagar is amongst the most prime and center most locations of Pune. This area has some good school, hospitals, malls, banks and restaurant very close to the project. Due to its location people move towards this area because all the basic daily needs are within 2kms of diameter. So, the demand of this area increase its price every passing year. The current property price of this locality is between 15000-17000/sq.ft so in coming year the scope of appreciation is good.

Rohit Marathi, Pune

14th March 2014

Hi Vinay,
Almost all the leading financial institutions and nationalize banks are providing loan for this project.
As you know that only 5BHK in 3549 sq.ft, @18000/sq.ft i.e. Rs. 6.38 crores is going to be construct.

Rohit Marathi, Pune

14th March 2014

Comment

Hi everybody,
I am planning to buy a property of Paranjape Punarvasu. Can i get a units on 1st floor? Is there any price negotiations or discounts they are offering now a days?

Pravakar Saxena, Pune

14th March 2014

Hi Pravakar,
It sounds good that you are planning to buy a decent property in decent location. But 60% of the units have been sold out and only few units on 2nd and 5th floor available for booking.
NO, There is no changes in price since its launching date so no discounts or negotiation in current price.

Rohit Marathi, Pune

14th March 2014