Gagan Emerald- Delayed Possession

Q: We had booked the flat 4 years back and the possession was due last year. Still the Gagan Emerald Project in Kondhwa isn't completed and the builder has informed it'll extend for another year. Is there anyone who is facing the same issue?

chrisqr, Pune

30th April 2014

Residential Project Review in Kondhwa, Pune

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Replies (2)

Hi everyone,
I wanted some detail about this project and the current price as well. Is there any 1BHK available for sale? What is the current status of the project? Can i get its possession instantly as you said it is a ready possession project?

Vinay Sharma, Pune

5th May 2014

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Hi Vinay,
Gagan Emerald by Gagan Properties located at Kondhwa Kharud in Pune. It offers 1/2/3 BHK residential apartments 1027-1500 sqft. The current price per sqft is Rs. 4100. All the units of 1BHK has been sold out.
No, you have to wait for 2 months at least for the possession as it will take 2 more months for its interior works.

Pravakar Saxena, Pune

5th May 2014

Thanks Pravakar,
Which local bodies have approved this project? Can i get a home loan? Which all banks are offering loan?

Vinay Sharma, Pune

5th May 2014

@Vinay,
It is a PMC approved project and almost all the leading banks are funding this project. You have to pay 20% firstly as a booking amount and will get rest of the 80% as a home loan.

Pravakar Saxena, Pune

5th May 2014

Well,
How is the project locality? Is the project good for the working people employed in Kalyani Nagar and Hadapsar?

Vinay Sharma, Pune

5th May 2014

@Vinay,
Kondhwa is Pune's most developed residential areas which is said to be a fast growing suburb. Transport facilities are also good in the locality. It has good connectivity to Swargate Bus Stand, Deccan, Kalyani Nagar, Hadapsar, Pune railway Station and International Airport. These area are most demanding and important areas of the city and emerged as a prominent residential destination for the working class people of Cantonment, Camp, Kalyani Nagar and Hadapsar. It also has proximity to the Mumbai-Bengalore Highway through the katraj-Pisoli Road.

Pravakar Saxena, Pune

5th May 2014

Hi Chrisqr,
I had a word with the developer and found that the project was delayed due to some problem but now it is ready for possession. You should talk to the developer himself and ask for the possession.

Pravakar Saxena, Pune

5th May 2014

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