Viijcon Abanna Review

Q: Hi,
May i know the names of the banker who are providing loan for this project? What about the project approval?

Priyadarshini, Pune

19th March 2014

Residential Project Review in Vivansaa Abanna, Chandkhed, Pune

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Replies (5)

have they got approvals yet?

Salil Sonam,

24th June 2015

Comment

Hi Salil, I think project has get approval and foundation work has been completed till now.. Bank like SBI and ICICI bank give approval for loan..

Aarti Bal Pathak, Pune

7th July 2015

Hi all,
Do I get a tax benefit on the loan?How is home loan eligibility determined?

Pravakar Saxena, Pune

8th September 2014

Comment

Hi Prabhakar,
Yes. Indian Residents are eligible for certain tax benefits on principal and interest components of a loan under the Income Tax Act, 1961. Interest repayment of Rs. 150000 p.a. can get you a tax saving up to about Rs. 50490 p.a. Moreover, you can get added tax benefits under Section 80C on repayment of principal amount up to Rs. 100000 p.a. that can further reduce your tax liability by about Rs. 33660 p.a.
It is based on the following aspects and financial institutes will determine your loan eligibility:
1) Your monthly income, 2) property cost (you can get 80% of the property value if the loan amount is less than 20 lakhs and 85% of the property value if the loan amount is more than 20 lakhs). 3) Other EMI’s which you are paying for any other loan etc.

Krishnendu, Pune

8th September 2014

Hi all,
I have planning to buy a 2BHK in it and the construction work has not started yet because it is a soft launch project and didn't get any approval yet so it will take around 3-4 months from now.

Deepti Baragur, Pune

19th March 2014

Comment

Hi all,
Can anybody provide me the project details? What is status of the project? What is the current price per square feet?

Shweta Salunkhe, Pune

19th March 2014

Comment

Hello Shweta,
The project Viijcon Abanna is located at Chandkhed, Pune. It is available in 1/2/3BHK option with various ranges such as 1BHK in 657 sq.ft, 30 lacs approx, 2BHK in 922-1160 sq.ft and 3BHK in 1310 sq.ft, 55.34 lacs at the rate of Rs. 3900/sq.ft + additional charges.

Sneha Ambedkar, Pune

19th March 2014

Thanks for the update Sneha,
How is project connectivity in terms of City Pune? Is there any good shools, hospitals and market nearby the project?

Shweta Salunkhe, Pune

19th March 2014

Your Welcome Shweta,
This project has direct connectivity with Chakan and Panvel Airport through Pune-Mumbai Expressway. Schools, hospitals, markets and malls are in few minutes away. Many educational institution such as Allard Institute of Management, IIMS and Indyana Group of Institutes are just a few minute distance. It is the fastest IT Developing area in Pune having TCS, Wipro Technology and Telco.
International Cricket Stadium just 20 mins away from the project.

Sneha Ambedkar, Pune

19th March 2014

Hey, i wanted to know the status of the project. Has construction work started or not? How much time it will take to get approval from bank and Govt. authority?

Shweta Salunkhe, Pune

19th March 2014

Hi Priyadarshini,
Viijcon Abanna by Bricone Properties is Gram Panchayat Sanctined Project and they are waiting for the approval now. They have submited all the related documents to the Gram Panchayat. After getting approval from the Gram Panchayat they will contact banks for offering loan.

Sneha Ambedkar, Pune

19th March 2014

Comment

It's already August and the project hasn't got any approval yet. The Sales team are saying the approval to be received by Feb-Apr '15. Do I have an assurance that the project "WILL" get an approval?

Abhishek Kumar,

26th August 2014