Should i go ahead for booking flat with this builder in his upcoming pre launch project near undri(38 park Majestic)

Hi all,
I am interested to buy a 2 BHK flat in 38 Majestic Park, Undri at pre-launch rate of 3400/sq. ft. Is it a good deal? Also can anyone please share any positive or negative feedback on the Builder- Majestic landmarks? Builder's sales person told me that approvals like IOA(Intimation of Approval) and CC are in progress. Thanks!!

Hello Priyanka,
Even i am planning to invest in this project and had a word with their sales head, he said that they will soon get all the approvals.
38 park Majestique is situated in a developing region of Undri. The complex is in close vicinity to Schools, Shopping, Hospitals and Entertainment Centers, making it an ideal place to live. Undri is the well known place of Pune and well connected with the other parts of the city. It has easy access to all major connecting roads and conveniently located in South Pune from where MG Road and Cantonment are reachable. It is just 6 kms Magarpatta IT Park, 10 kms from Railway Station and 16 kms from Pune International Airport. These all factor make this location a demanding location. So investing here is a wise decision and in future it will give you a good return.

Thanks for the feedback,
Do you have any current information of this project? Kindly let me know if you have any.

Okey,
It offers 1/2/3BHK Luxurious Apartments. 1BHK in 625 sq-ft, 2BHK from 840-990 sq-ft and 3BHK in 1150 sq-ft. The current price is Rs. 3400/sq-ft. The price range is between Rs. 20.9-38.5 lacs. There are 167 units.

What is the current real estate trend in the locality is going on? Which are the neighborhood locality of this project? Do you have some information about the similar project in the locality?

Well Priyanka,
Undri is one of the most prominent locations of Pune and is located in the south western part of the city. is located within close proximity to Hadapsar, IT Park in Phursungi and the well-developed residential areas of NIBM Annexe, MG Road, Wanowrie etc. Average property price in the locality is between Rs. 11800/sq-yrd.
Most popular projects in the locality are Godrej Prana, Palm Meadows and Urban Rise. Projects which has given highest return in few months are Sparsh-12.5% in last 5 months, Athena-27.4% in 12 months, The Landmark-18.5% in a year, Astonia Classic-17% in a year too.