achoudhari, Apartment Resident
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I want to know about the project sale availability
Q: Is there sale available tied to the bank loan

My replies to this discussion
Avoid this project if it is for investment purpose.Avoid this project if it is for investment purpose.
My comments to replies
Avoid this project if it is for investment purpose.
I mean if it is US Open Nirmal Lifestyle (Kalyan)
29th January 2013

Will dumping ground smell reach Raunak city?
Q: Today we visited the site... but dumping ground smell was bothering us.... liked the project. But because of that dirty smell we are in two minds.

My replies to this discussion
Hi I booked a flat in Raunak City in their upcoming 1BHK Cluster. The possession date is June 2015. Rate till Jan 26 was 4151 psf. Now they are quoting 4401 psf. I visited the place twice but absolutely no smell. In fact Nirmal Lifestyle stank the entire 1 hour I spent there. Back to RC, the approach road is being constructed in May by a consoritum of 5 builders who have projects there. They say building the road will help their projects whose posession is coming up in June. Hi I booked a flat in Raunak City in their upcoming 1BHK Cluster. The possession date is June 2015. Rate till Jan 26 was 4151 psf. Now they are quoting 4401 psf. I visited the place twice but absolutely no smell. In fact Nirmal Lifestyle stank the entire 1 hour I spent there. Back to RC, the approach road is being constructed in May by a consoritum of 5 builders who have projects there. They say building the road will help their projects whose posession is coming up in June.
I am planning to purchase a flat here 1BHK for a very long investment purpose (15 yrs +). I am visiting the site tomm (Jan 26) and if I like it will book it. I have done a background check on the project and all papers are clear. Their loan partner HDFC has cross checked everything and all the buildings (currently under const) are okay paperwise. The smell is something I will check personally tomm and also post some pics in the group. I am planning to purchase a flat here 1BHK for a very long investment purpose (15 yrs +). I am visiting the site tomm (Jan 26) and if I like it will book it. I have done a background check on the project and all papers are clear. Their loan partner HDFC has cross checked everything and all the buildings (currently under const) are okay paperwise. The smell is something I will check personally tomm and also post some pics in the group.
Thank you Rishikant for the input. The 1BHK are also progressing. Some of buildings are now completed up to 4'th slab.Thank you Rishikant for the input. The 1BHK are also progressing. Some of buildings are now completed up to 4'th slab.
My comments to replies
Hi Friends, if anybody interested in buying 1BHK in Phase 3, Building C-12, Flat No.103, 1st Floor, 607 sq.ft. please contact me on vyas.roshan@gmail.com. I am owner of flat & wish to sell it. Price - 34 lacs. Pls write back to me if anyone is interested ...... :)
@roshan vyas - Hi, will a NOC be have to be taken from the builder for this sale and how much will be the estimated cost? if you have spoken to the builder about it.
1st March 2015

some issue in reaching this project , the Road is not is good condition ,rikshawala refuses to go beyond shree complex . I doubt that if road is not ready / made before possession it will very difficult for people who have planned to stay there. Even tenants will not be willing pay as per market rate. work is very slow there is doubt it can get over by dec 2013 as 2 buildings in phase 2 is still not completed and podium work is not started at all .
The approach road that you are talking about will be constructed by May. Three builders are pooling in money to connect this road to Adharwadi Jail road. They understand that it will hard to sell products with a kuccha road.
29th January 2013
five builders actually
29th January 2013

Hi, I wanted to know the current price per sq-ft of Raunak City, Kalyan, Mumbai?
@vinay Dixit - so on Rs 4,800/- the builder will add up their development charges, society charges etc right? So would it be fair to say that the final price after registration+stamp duty will be around 5400/- ?
8th September 2014

Hello Frnds, Any idea on possession of Phase 2 of Raunak City. Builder has confirmed to me that OC obtained for almost all buildings ready. Also work is progressing speedily for roads, gym, club house etc. as per last visit to place :) If anyone is from Phase 3 request to pls share work status of same as builder says that he will be able to give possession of Phase 3 on time by June 2015 next year :)
thnx for update Roshan. in phase 3 slab no 5 has been completed. builder says posession on time
15th July 2014
Today demand letter for 6'th slab has also come. Now it is almost certain that posession will come by June next year
16th July 2014

Hi all, Raunak Group's project Raunak City Ph-3 is on finishing phase. But few flats in 1BHK is also available for resale in 580 sq-ft. It will cost to you Rs. 29 lacs on 6th floors (of 7th floors).
@Jerome - so does the Phase - 3 posession look set for June 2015?
16th January 2015

Hi, A well-planned residential township sprawling over 35 acres, Raunak City is located just 3 km from Kalyan railway station. Once completed Raunak City will be home to nearly 3,000 families. It is a complex having 17 building of 7 storeys tower offering you 1/2 BHK apartments each sector of Raunak City will have its own landscaped garden, children play-area, community hall for hosting functions, jogging track etc. There is also a common clubhouse with a swimming pool and gym. 1BHK from 577-607 sq-ft and 2BHK in 982-1088 sq-ft. The price of 1BHK is 27 lacs onward. The construction work is in full swing and expected to complete till December'2016. This project is running delay from ORIGINAL POSSESSION DATE.
@deepankar - are you an real estate agent??? You are simply copying and pasting my posts from Indianrealestate forum. Whatever you have posted here are my comments in a discussion about Raunak City. Please give genuine feedback.
6th September 2014

I am planning to buy a 2 bhk flat in Raunak City. Could some please let me know the current rates and if any hidden cost. What will be the final price of 2 bhk and if parking is included. Thanks for the help!
Hi Rishikant, Since you mentinoed you HAD a flat there, does this mean you have sold it now? If yes, what was the % wise price appreciation? thnx
5th August 2014
Ok Rishikant ji, thanks for clarifying! I have a 1BHK and it cost me 28.53 (all inclusive) excluding parking. I think I will have to hold for at least 5 years to see a 100% appreciation.
6th September 2014

hi did anyone take possession in Phase II . ...?
Is phase-II ready now Anand ji? This is good news. By the way, the 1BHK cluster (Sector III) has now completed slab no.7, so just one more slab remaining. I think by June 2015 it should be ready for posession.
6th September 2014
@roshan Vyas - sir would it be possible for you to post pictures of your latest visit? Or maybe when you visit the site next time it would be great if you can take some pix. Thanks in advance!
8th September 2014

You said you have visited the site.. Did you notice the smell at that time too?
during your visit what price was quoted?
25th January 2013

Had Any one taken the Possession ???????
@vinay dixit, - 2 years !! that is a big delay for phase 3 then. They completed till roof but left it like that now. They had planned for june 2015.
13th January 2015
I spoke today to Rohidas Ekhande in their accounts department. He said that they are committed to June 2015 posession for phase 3.
14th January 2015

I am planning to purchase a flat here 1BHK for a very long investment purpose (15 yrs +). I am visiting the site tomm (Jan 26) and if I like it will book it. I have done a background check on the project and all papers are clear. Their loan partner HDFC has cross checked everything and all the buildings (currently under const) are okay paperwise. The smell is something I will check personally tomm and also post some pics in the group.
Tiwari ji, here's the update you requested. Most of the towers are complete (B8,9,10,11) and the ones opposite them. Only interior works need to be done and exterior painting is almost complete on two buildings. Sales says posession is by June this year which looks practical. But their garden and clubhouse are non existent. They have started the plinth for the excl 1BHK project and target is June 2015.
27th January 2013
how can i upload pics on this forum? Wanted to put latest snaps from Raunak.
27th January 2013
Ok i will mail it to you
29th January 2013

Hi, I would like to know your opinion about investing in Kalyan (West). The projects which I am looking for are Raunak City, Rutu Riverside. Both these projects are like mini townships and away from Railway station and old Kalyan. Can you please give your valuable feed back on these projects and pros and cons in investing in mini townships?? Is it worth investing in such mini township projects or other projects like Vasant Valley, Triveni or projects of 2 to 3 buildings?
Lalit, Since you are asking specifically for these two projects I will keep myself focussed on that rather than talk about other costly projects. Raunak City - it is great one. The current rate is 4,500 psf (base rate). a 1 BHK of 600 sq ft will come to 32.5L (all inclusive). It is exactly 5km from station. As the business districts of mumbai move more and more towards vikhroli-mulund area the demand here will grow. Plus let us accept a fact - RATES ARE NEVER GOING TO COME DOWN. They maybe stagnant, they may grow at 2-3% during recesssion period but will never crash. I have owned and sold a flat in GB Road during recession, trust me I still made a profit. I rate Raunak very high, they are premium quality. Rutu Riverside - never seen the project but I owned a flat in their scheme in GB road. They are above average builders and I never had any problems. Hence going purely by that I would say they are good. cost is probably same. BTW - 1bhk in Acme will cost 60 lakhs.
18th July 2014

Should I buy a 1BHK in Kalyan west for 4,200 psf with Raunak City?
Q: I am thinking of buying a 1BHK (580 sq ft BU) at Raunak City in Kalyan (W). They are quoting 4200 psf. This is for investment purpose for long term (10 yrs +) Is the price justified in that area? Also what about the builder. Please reply if you have any information. My budget is 30L (all incl) and I want only new buildings and township.they are giving posession in June 2013

My replies to this discussion
Hello all, Well in Raunak City they are 95% completed work on the towers (stilt+15 floors) which are called "B" (1-11). B-1's painting is also completed, interiors need to be done. The landscaped garden and clubhouse are non existent as of Jan 26. They say posession is in June 2013 and by then everything will be ready. They claim project is completely sold off, and did not entertain any inquiries even when lured with 'premium' payments. Now I have booked in a special 1BHK cluster of 12 buildings (stilt+7floors) called "C" cluster. Plinth level work is complete and target delivery is June 2015. Hello all, Well in Raunak City they are 95% completed work on the towers (stilt+15 floors) which are called "B" (1-11). B-1's painting is also completed, interiors need to be done. The landscaped garden and clubhouse are non existent as of Jan 26. They say posession is in June 2013 and by then everything will be ready. They claim project is completely sold off, and did not entertain any inquiries even when lured with 'premium' payments. Now I have booked in a special 1BHK cluster of 12 buildings (stilt+7floors) called "C" cluster. Plinth level work is complete and target delivery is June 2015.
My comments to replies
Hi Mr. Choudhari, The ongoing rates of Raunak City is around Rs 4000/ sqft. I think you can go for projects in Kalyan as there is a scope of price appreciation for demand in apartment projects. For long term investment, it is a good option. Also, you can check Ongoing Apartments in Kalyan West for more apartments in your budget .
Thanks for the advice, but I saw it a day late. Anyway I booked a 1BHK there at 4151 psf. I liked the project because it offers quality and also it better of all the other townships in Kalyan (more space in the township is what I was looking at). Poession is 2015.
27th January 2013

what they are offering now if i have to buy 1 bhk flat in phase 3?
4700 psf as base price.
31st March 2015

Okk.. That's good. So, what are the other facilities and amenities they are providing? Have they started with the construction?
Mr. Thanki for your query ---- The 1BHK "C" cluster does not have to pay club house fee (which is mandatory for "B" tower residents). We can use the club and all of its facilities on a pay-per-use basis, but no idea what that charge would be. In house amenities include a geyser and some basic electrical fittings. They have solar water heater to provide residents heated water. Also they have a sewage treatment plant installed (sales claimed it cost them almost 3 crores). The 1BHK cluster gets a back up lift as well and its own 40K feet landscaped garden. Flats are 577, 580 and 607 sq ft. extra space is a big terrace and extra space in kitchen.
29th January 2013

Mr. Choudhari, could you please tell me if they are providing the parking lot? I have a 4 wheeler. Do we have to pay for the parking lot or is it included? And which bank is giving home loan?
Mr. Fernandez, they are not "selling" parking. They say it is upto the housing society to decide about it. Trick is, they are providing just 18 stilt parking slots for 47 flats. But then there is a lot of open space exclusive to our buildings which can be demarcated as open parking. They say since govt has banned selling parking they are not doing it. Well, I still appreciate that they are not charging 1-2 lakh extra for that at least. HDFC is finance partner so you can try that out. My experience says that any project which gets cleared by HDFC, can never go wrong. They are the most strict bank in the country when it comes to verification.
29th January 2013

What is current status of Raunak city -3??
Q: have they started brick work?? Work has stopped since almost last september.

My replies to this discussion
Phase III posession has been delayed to December 2015 now.Phase III posession has been delayed to December 2015 now.
Raunak City(Phase 3)
Q: Dear Friends, I have booked an apartment in Raunak City Phase 3, Wanted to know if d project has a green signal from the Municipal authorities? Though the name is reputed in the market with a proven track record. My other queries, requesting all to revert. 1. Are there any issues related electricity n water shortage in that locality? 2. They have promised the possession by December 2015, will they actually deliver? 3. Can all the owners of Phase 3 make a whats app group and stay connected?

My replies to this discussion
please send ur mobile number at achoudhari@Gmail.com. We have an WhatsApp group for Phase 3 ownersplease send ur mobile number at achoudhari@Gmail.com. We have an WhatsApp group for Phase 3 owners
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