Upendra Limaye, Pune
Q: Hi ...I am planning to purchase 2 BHK apartment in Ecovista project at shilphata junction NH4. Pl give your views about area appreciation in next 3-4 years (Mumbra is 4 KM away from site) and also advice about Bharat infra developer.

My comments to replies
Hi I am planning to buy a 1 BHK in ecovista Project but my budget is only 40 all inclusive. Anyone looking for a buyer?? The only thing about Eco-vista is it does not give an option to someone who doesn't own a car and doesn't plan to invest in buying one pay for the parking charges which is super high. I think if they could give out an option for the buyer to choose and pay when he does own an asset to park it makes more sense.
I think Anuj is right!!!! Apart from that if you are seriously looking forward to buy the property and want to get a good deal, then do not show your eagerness to buy. Hide that over entice and needy person inside you. The moment they feel, that you are already attracted towards the deal, it will be very difficult for you to negotiate on pricing and other things, because they are very sure that you will not be stopped by minute points.
4th September 2015

Q: Hi, I am planning to book a property in Vert Vesta by Mont Vert Estates? Can anybody tell me how is the locality?

My replies to this discussion
Hi! I am interested in Mont Vert Vesta, Pirangut , Pune. Can you share current details of this project? What is the current price is going on?Hi! I am interested in Mont Vert Vesta, Pirangut , Pune. Can you share current details of this project? What is the current price is going on?
Q: This property is PMC Approved but the site is located in PCMC area, SO Why PMC Approval. And also any legal issues with this project.
My comments to replies
Hi there, is there any recent update on this? i visted yesterday and they quoted me Rs6000/- is it worth buying there? hows the builder ? are there any revies of this project? Appreciate help! thanks
Thanks Hamsika for the post, I too went to the site and saw the sample flat etc. I agree with you to an extend. But Pimple Nilakh comes under PCMC not by PMC. Pimple Saudagar, Pimple Gaurav and Pimple Nilakh is a suburb of Pimpri-Chinchwad which covers an area of about 181 square kilometers.
10th July 2015

My replies to this discussion
Phase-I Neo City Building D is suffering due to lack of necessary permission from the PMC and construction is stopped and thus registration of flats not taking place. If they are not able to do a small thing, how can we expect water supply thru pipeline from Bheema River which involves huge cost. So, before booking flat clarify on every aspect including lay out approval, floor plan approval, water supply, date of possession etc.Phase-I Neo City Building D is suffering due to lack of necessary permission from the PMC and construction is stopped and thus registration of flats not taking place. If they are not able to do a small thing, how can we expect water supply thru pipeline from Bheema River which involves huge cost. So, before booking flat clarify on every aspect including lay out approval, floor plan approval, water supply, date of possession etc.
My comments to replies
My advice to all that if the project is in a good location and the developer has a good reputation and is facing issues that will be resolved in the foreseeable future, it is advisable to stay invested as long as one has the financial holding power.
You are right keshav, Delay in handing over possession could be due to a builder's complete lack of ability or because he is under financial stress or complicated in some legal action. There could be circumstances beyond the developer's control too. He may face sudden shortage of material and labour. There could be government restriction in obtaining approvals and failure of service providers like the local municipal authority. The new state housing regulatory bill will offer some help to harass buyers and impose penalties on the builders for such delays.
9th March 2015

Q: We are in very complicated situation related to Parking Space. Please go through below details. We have signed one of the page of the agreement on which our parking location is shown. In front of every parking they have marked small rooms. Now we observed that marked small room is for Domestic toilet for that wing. They have made that toilet in front of our parking space so they did not get enough space for our parking and extended line out side the pillars and told us that we have balcony at the back (upper) side of our parking, which comes in parking dimensions/area !! after that we have gone through all same parking which has balcony on at back(upper) side. We are shocked !! They have proper big parking space inside the pillars and upper balcony is not considered as a parking area because they do not have toilet in front of their parking, however per agreement copy small room/toilet also drawn in that parking also. Builder just has selected our parking area to built a toilet randomly or as per their convenience ! We are fighting with them from last 12 months but they are not responding and ignoring our concern. We got 4.5 to 5 feet less space because of this issue and builder has forced us to consider under balcony area as parking !! Even parking layout of agreement copy also shown as zigzag but in actual only our parking is out of pillars and others got inside. please refer attached image. Conclusion : Builder/Architect has done a error to accommodate toilet and ignored our parking space. Could you please advice what will be our next step and how to fight with builder because we are unable to find legal/proper rules related to parking and also they are not providing is the PCMC approved layout related to Toilet area section. They did not even show any dimension of parking and toilet area selection. We have checked with PCMC also but they only have the same parking plan which we have. They do not have anything related to toilet permission/location. Please suggest.

My replies to this discussion
Hi, The builder has to get approval of layout plan from concerned authorities before starting construction of residential or commercial building. Constructing building in unapproved layout will not be given permission to be occupied or such layout plots will be treated as illegal and exemplary penalties will be levied as per Municipal Laws. No facilities such as roads, drainage, street lighting will be extended in such areas.Hi, The builder has to get approval of layout plan from concerned authorities before starting construction of residential or commercial building. Constructing building in unapproved layout will not be given permission to be occupied or such layout plots will be treated as illegal and exemplary penalties will be levied as per Municipal Laws. No facilities such as roads, drainage, street lighting will be extended in such areas.
Q: Hi! The Real Estate Regulation Bill, which was 1st presented by the UPA government in the Rajya Sabha in August 2013, was accepted by the Union Cabinet on 7th April 2015.
My comments to replies
Yes Saurav, The Union Cabinet on 7th April 2015, gave its approval to changes to the Real Estate (Regulation and Development) Bill, 2013 awaiting in the Rajya Sabha, and approved changes recommended in the Bill. The recommendations of the Standing Committee of Parliament on Urban Development and suggestions of various stakeholders such as consumer organizations, industry associations, universities, experts etc. have also been involved after considerable discussions.
Right Mohit, There are many changes made in this bill which will attract the buyers attention toward the slow real estate market. The Bill provides for a standard regulatory setting, to protect consumer interests, help quick adjudication of disputes and make sure organized growth of the real estate sector. The Bill includes procedures of registration of real estate projects and registration of real estate agents with the Real Estate Regulatory Authority, functions and duties of promoters and allottees, establishment of Real Estate Regulatory Authority, establishment of fast track dispute solution process through adjudication, establishment of a Real Estate Appellate Tribunal, offenses and penalty charges etc.
10th April 2015

@Upendra, Under this bill, promoters are prohibited from changing plans, structural designs and specifications of the plot, apartment or building without the permission of two-third allottees after disclosure. However, small additions or modifications are allowed due to architectural and structural factors.
After successful releasing of this bill, allottees or buyers have the right to obtain stage-wise time schedule of project, claim possession as per promoter declaration and get refund with interest and compensation in case of default by the promoter.
10th April 2015

Q: Hey, i am planing to by a 3BHK flats in Rizvi Oak, Malad East? How much i have to pay as a booking amount? Anyone has booked a flat here?
My replies to this discussion
Hi Javed, Can you tell me what are the location advantages of the project? How Far is Malad Railway Station and Western Express Highway from the project site?Hi Javed, Can you tell me what are the location advantages of the project? How Far is Malad Railway Station and Western Express Highway from the project site?
My comments to replies
Hi Javed, Can you tell me what are the location advantages of the project? How Far is Malad Railway Station and Western Express Highway from the project site?
Thanks Javed and very Gud Evening...... Do you have any information about this project? What are the current price per square feet is going on? What is the current status of this project?
28th April 2015

Hi Upendra, Rizvi Oak by Rizvi Builders located at Malad East, Mumbai offers 2 and 3BHK residential flats. It's sizes in 2BHK is 1100 sq-ft and in 3BHK is 1600/sq-ft. It is G+22 storeys apartments consists 210 units in 3-Towrers. they are also providing more than 350 car parking for both owners and visitors. This project is spread over 2 acres of land. Currently, this project is under construction and external work has been finished.
Thanks Shrikant, When is the expected date of possession? And which all banks are funding this project? Are all the approvals are in place?
28th April 2015

Q: My objective is to resale in next 5 years...

My comments to replies
you can invest in lushlife landmarks projects in pune.
Hi Abhijit, Lushlife Landmarks OVO project is located in the heart of Undri, Pune. Luxuriously appointed 2, 3 and 4 bedroom apartments, Garden apartments and Penthouses. Undri is one of the fastest developing suburbs of Pune. Close to nature with picturesque surroundings, it is a coherent residential property destination. The location has an advantage of being well connected to various key localities in Pune via local as well as interstate highways and expressways.
20th July 2015

Q: The promise of Acche Din by the Modi Government is gaining Pace.

My comments to replies
Right Kunal, West Bengal and Rajasthan get to nominate 4 cities and Bihar with single city. Odisha, Haryana, Telangana and Chhatisgarh with 2 cities each and J & K, Kerela, Jharkhand, Assam, Himachal, Goa, Arunachal and Chandigarh with one city. Similarly for AMRUT scheme, 31 cities have been identified in Andhra Pradesh, 30 for Rajasthan, 28 in West Bengal, 27 in Bihar, 19 in Odhisa and Haryana, 18 in Kerala, 17 in Punjab, 15 in Telengana and 10 in Chhatisgarh
Good Morning all, Housing for all is the base, as it first make sure that everyone gets a roof over their head. In the middle will be the AMRUT plan as rejuvenation and urban transformation is a need to move further towards smart living. Finally, the smart cities that already meet the basic requirement are now looked upon to be made ready for the next level infrastructure.
30th June 2015

Q: Good news for Mumbai!!!! In a year's time, the business district of Bandra-Kurla Complex will probably become India's first mini Smart City
My replies to this discussion
In the mean while, Union Urban Development Ministry sanctioned a sum of Rs 192 cr under Smart City Mission for 96 cities included in the ambitious project. Each of the cities has been given Rs 2 cr for preparing Smart City plans with the assistance of technical and hand holding agencies.In the mean while, Union Urban Development Ministry sanctioned a sum of Rs 192 cr under Smart City Mission for 96 cities included in the ambitious project. Each of the cities has been given Rs 2 cr for preparing Smart City plans with the assistance of technical and hand holding agencies.
My comments to replies
In the mean while, Union Urban Development Ministry sanctioned a sum of Rs 192 cr under Smart City Mission for 96 cities included in the ambitious project. Each of the cities has been given Rs 2 cr for preparing Smart City plans with the assistance of technical and hand holding agencies.
Yes......and IIT Bombay Alumni Association is looking to work together with the government to assist in providing solutions for Prime Minister Narendra Modi's flagship programme of creating 100 smart cities. The association has think of a platform "Global Business Forum" under which it will bring all the stakeholders in the realty industry under one roof to discuss the issues related to the sector, during a seminar to be held between October 16 to 18 this year.
4th September 2015

Q: Is there a chance that the prices will come down in the near future?

My comments to replies
Right Kishore, If DCR 2034 applied then a builder will have to pay more to the BMC than the tenants of a building. As a result, the excess FSI that a builder would get would be used to cover the increase in cost due to this price increase. Base FSI will be 1.5, if allowable FSI is 8, most of the other 6.5 FSI has to be bought from the BMC at the new premium rate. As a result builder will get no advantage and if they would not get any advantages then no way he can pass on any benefit to the buyer.
But still i believe that there is a huge price correction in the years to come. This price increase has been going up for a decade and this cycle has put housing market completely out of reach of most buyers. i think Mumbaikers are following the US, a lot of people there bought houses only for gaining profit rather than for end use.
19th August 2015

Q: Home sales have been slow for almost 2 yrs. now, and developers are facing an ongoing challenge to keep prices in check and offload piled up inventory.

My replies to this discussion
Right Abhjit, You can take the example of Mumbai's Lodha Developers Ltd, which has one of the most aggressive marketing and sales teams, experiment an initial public offering (IPO)-style pre-launch for 2 of its projects in the last 2 months. Typically, in this kind of a pre-launch experiment, a developer generates a buzz to grab maximum interest, inviting expressions of interest from potential buyers along with a booking amount, after which the homes are assigned.Right Abhjit, You can take the example of Mumbai's Lodha Developers Ltd, which has one of the most aggressive marketing and sales teams, experiment an initial public offering (IPO)-style pre-launch for 2 of its projects in the last 2 months. Typically, in this kind of a pre-launch experiment, a developer generates a buzz to grab maximum interest, inviting expressions of interest from potential buyers along with a booking amount, after which the homes are assigned.
Well Praveen, Lodha is a very intelligent and clever builder. They have an umbrella of projects but the marketing policy for each project is unique, just the way an FMCG company deals with its products. The IPO way helps in demand aggregation for example, and allows buyers in Mumbai, investors and NRIs to participate.Well Praveen, Lodha is a very intelligent and clever builder. They have an umbrella of projects but the marketing policy for each project is unique, just the way an FMCG company deals with its products. The IPO way helps in demand aggregation for example, and allows buyers in Mumbai, investors and NRIs to participate.
My comments to replies
Well Praveen, Lodha is a very intelligent and clever builder. They have an umbrella of projects but the marketing policy for each project is unique, just the way an FMCG company deals with its products. The IPO way helps in demand aggregation for example, and allows buyers in Mumbai, investors and NRIs to participate.
Realm estate firms, particularly those who have a large portfolio of projects, are increasingly adopting multi-pronged, customized marketing initiatives to push home sales in a slow market and are engaging with potential customers in different ways depending on the price, profile and status of construction of houses.
2nd September 2015

Q: Are you looking for best property investment? Now Pune city is one of the best options for property investments. The real estate market of Pune has noticed a considerable growth in recent times. Changing aspiration of the local population, rapid increase in economic activity, good salary packages and increased employment opportunities have spurred the growth of real estate market in Pune. This sudden emergence of the real estate market in Pune can further be attributed to the rise in construction activity, the majority of which is being done in the residential sector. Real estate developers in Pune are building many townships on the outskirts of Pune.

My replies to this discussion
Hi, I think all these vicinity are IT driven area, the rental demand for 2BHK units is robust here.you can find an apartment of sizes ranging between 900 to 1200 sq ft. However, currently it's seen that there is a shift in demand for 1BHK unit in the city. so if you want to consider investing in the smaller unit, it can also prove to be a good deal keeping the current status and trend in the market.Hi, I think all these vicinity are IT driven area, the rental demand for 2BHK units is robust here.you can find an apartment of sizes ranging between 900 to 1200 sq ft. However, currently it's seen that there is a shift in demand for 1BHK unit in the city. so if you want to consider investing in the smaller unit, it can also prove to be a good deal keeping the current status and trend in the market.
Q: Aundh and Kothrud hold an aspiration value for many homebuyers in Pune, Bavdhan suits those who have a limited budget.Is it true? suggest locality review

My replies to this discussion
Hi friends. One of my friends has suggested Bavdhan for good returns on investment and so looking to purchase a 2 BHK apartment here.What rental income should I expect in this area?Hi friends. One of my friends has suggested Bavdhan for good returns on investment and so looking to purchase a 2 BHK apartment here.What rental income should I expect in this area?
Q: Navi Mumbai, Hyderabad, Pune and Ahmedabad are among the 10 affordable property markets in the country where flats are available within the budget of Rs 30-50 lakh.
My comments to replies
Are these towns and cities offering a wide spectrum of investable options in real estate with relatively lower property price levels, providing the incentives for future capital appreciation and healthy returns?
Similarly, Pune has recorded good growth in the affordable housing segment over the last couple of years. Such projects are located on the periphery of the city and offer small 1-2 BHK flats with basic, without unnecessary extra amenities.
13th January 2016

Q: Hello, I am planning to buy apartment in Konark Orchid and looking at the conversation going over here that society had environmental issues. I wanted to know the current status, is the clearance issue still there? How good it is to live in as a society? Are bachelors allowed to live in society?

My replies to this discussion
Hello Friends! Karia Konark Orchid has given possession for couple of blocks, other one in next couple of months, one block people already started staying. The construction work on Konark Oasis is in full swing and possession by July, 2016. I liked Konark Orchid, because it is spacious, well designed and slightly bigger complex when finished, a 2bhk in 1240 sq-ft will cost you Rs. 58.5 Lakh. and price of 2BHK in Konark Oasis in 1171 sq-ft will cost you Rs.52 Lakh.Hello Friends! Karia Konark Orchid has given possession for couple of blocks, other one in next couple of months, one block people already started staying. The construction work on Konark Oasis is in full swing and possession by July, 2016. I liked Konark Orchid, because it is spacious, well designed and slightly bigger complex when finished, a 2bhk in 1240 sq-ft will cost you Rs. 58.5 Lakh. and price of 2BHK in Konark Oasis in 1171 sq-ft will cost you Rs.52 Lakh.
My replies to this discussion
No, covered car parking will be provided on first cum first basis. They are also providing open car parking for both 2 wheelers as well as for 4-wheelers.No, covered car parking will be provided on first cum first basis. They are also providing open car parking for both 2 wheelers as well as for 4-wheelers.
Q: The Mumbai-based real estate developer Godrej Propeties has launched a luxury township project called Godrej Infinity at Keshavnagar in Pune. Can you give me some details of this project?
My replies to this discussion
Hi Washim, Thanks for the information. I heard that Godrej Infinity is a joint development project of Godrej Properties in partnership with Oxford Group and Ekta World. How much per square feet they are quoting for this project? Any idea.Hi Washim, Thanks for the information. I heard that Godrej Infinity is a joint development project of Godrej Properties in partnership with Oxford Group and Ekta World. How much per square feet they are quoting for this project? Any idea.
My comments to replies
Hi Washim, Thanks for the information. I heard that Godrej Infinity is a joint development project of Godrej Properties in partnership with Oxford Group and Ekta World. How much per square feet they are quoting for this project? Any idea.
Have they declared about its possession date? What will be the approximate price of 1/2/3BHK respectively? Which all basic amenities are provided by the developer ?
3rd June 2016

My replies to this discussion
Hi friends, I am experiencing the same thing they not replying to call and Email also, even not started any construction till Jan-2016. Let's create whatsapp Group for the latest happening or file a case in consumer forum against this builder.Hi friends, I am experiencing the same thing they not replying to call and Email also, even not started any construction till Jan-2016. Let's create whatsapp Group for the latest happening or file a case in consumer forum against this builder.
Q: Can you please reply with below details? Is this area under PMC? How is water supply? And i am looking for 1 BHK. When can a possession be expected?
My comments to replies
Hi Ravindra!!! In terms of residential property value, Keshavnagar in Pune's Mundhwa area benefits from its proximity to Koregaon Park, of which Mundhwa is now considered an extension. It is one the increasingly rare locations where purchasing a budget home in a strategic location in Pune is still possible. Currently, Keshavnagar is primarily a destination for mid-income and upper middle class home buyers, with a variety of new residential projects and resale options available to choose from.
Thanks Anup, How is the locality in terms of investment? What is the current property price is going on in the locality? What are its advantageous proximity to nearby areas?
16th June 2016

My replies to this discussion
Hi Vatsa, I want to buy a 2BHK flat of this project. Can anybody provide me the sizes available in 2BHK and it's price per square feet? Which all banks have approved this project and how much stamp duty and registration charges i have to pay?Hi Vatsa, I want to buy a 2BHK flat of this project. Can anybody provide me the sizes available in 2BHK and it's price per square feet? Which all banks have approved this project and how much stamp duty and registration charges i have to pay?
My replies to this discussion
Hi Rajiv!! Have you booked your flat in this project? What will be the cost of 2BHK all including? And what about the statutory approvals? If i have to go for home loan then which all banks have approved this project and when is the expected date of possession?Hi Rajiv!! Have you booked your flat in this project? What will be the cost of 2BHK all including? And what about the statutory approvals? If i have to go for home loan then which all banks have approved this project and when is the expected date of possession?
Q: Hi, i am looking for 1BHK in Mont Vert Blue Bells? What are the configuration of 1BHK and its current price per square foot?
My replies to this discussion
Hi Friends!! I am working in Bengaluru in a IT Company and want to relocate next year. I don't have much idea about its (Pashan) locality and connectivity. Is the locality good for working people? How is the transport facilities in the locality?Hi Friends!! I am working in Bengaluru in a IT Company and want to relocate next year. I don't have much idea about its (Pashan) locality and connectivity. Is the locality good for working people? How is the transport facilities in the locality?
My replies to this discussion
Good evening Arpit, Pune offers properties attracting to end users as well as investors at various price points. Prices start at Rs 16 to Rs 35 lakh in the affordable segment. Whagoli, Kharadi, Dhanori and Vishrantwadi, in east Pune and Tathawade, Ravet and Hinjewadi, in the west are the upcoming areas to look out. Which are the growth factors that attract homebuyers here are:- 1) Pune Metro Rail Corridor-1, 2) Bus Rapid Transit System and Pune International Airport. Price range in affordable segment in these localities:- Pimpri-Chinchwad-Rs.6000/sq-ft, Charoli-Rs.5000/sq-ft., Undri-Pisoli, 5500/sq-ft. and Ambegaon-Rs.6000/sq-ft.Good evening Arpit, Pune offers properties attracting to end users as well as investors at various price points. Prices start at Rs 16 to Rs 35 lakh in the affordable segment. Whagoli, Kharadi, Dhanori and Vishrantwadi, in east Pune and Tathawade, Ravet and Hinjewadi, in the west are the upcoming areas to look out. Which are the growth factors that attract homebuyers here are:- 1) Pune Metro Rail Corridor-1, 2) Bus Rapid Transit System and Pune International Airport. Price range in affordable segment in these localities:- Pimpri-Chinchwad-Rs.6000/sq-ft, Charoli-Rs.5000/sq-ft., Undri-Pisoli, 5500/sq-ft. and Ambegaon-Rs.6000/sq-ft.
My comments to replies
I agree with Kishore. And if you are looking for properties to invest in, which will give you good capital appreciation in the future then Wakad, Kalyani Nagar and Wagholi are the top 3 localities to consider. Wakad’s development and rapid urbanisation is due to the Mumbai-Pune Expressway and the surrounding IT Hubs. Experts suggest that property prices that hover around Rs.4500-5500/sq-ft. which can go up to Rs.10000/sq-ft. by 2020.
Yes, In this market, the closer to the nerve centre of the city will get maximum appreciation and the quickest, from an investor's point of view. If you can really afford, this is the best time to buy the best location, best developer, closest to economic activity, where jobs are getting created, demand is getting created and within the 25 km radius, demand for residential will go up. Therefore if you invest there with credible developers you are likely to gain the most.
4th July 2016

Q: Hi All, Discover the best place for living with all modern comforts at Karia's Konark Orchid offering lavish 3BHK flats in Wagholi
My comments to replies
Hi all, I need some information on Konark Orchid, Wagholi, Pune. Any update whether they have received approvals from the govt. by now? And what about approval from Airforce Authority any idea/update on that ?
Hi friends!! Current updates on Konark Orchid is that the builder is saying maintenance is calculated on the higher sq-ft area ....for example if it is a 3BHK and area ranges from 1613 to 1730 sq-ft.and if you have1613sq-ft.area flat, you still have to pay as per 1730 sq-ft.
14th July 2016

Q: What will the the flat sizes of 2BHK and its' price?
My replies to this discussion
Venkatesh Ganga by Krishnaganga Developers and Builders located at Sr. No. 116/11, A & B, Off Sus Road, Near Balaji Temple, Pashan, Pune presenting 2/3 BHK residential apartments. Its sizes are 1091-1156 sq-ft. in 2BHK and it's price will be Rs. 85 to 89.80 lakh onward, and 3BHK from 1382-1413 sq-ft. and it will cost to you Rs. 1.06 to 1.08 crore onward. Its possession date will be December-2017.Venkatesh Ganga by Krishnaganga Developers and Builders located at Sr. No. 116/11, A & B, Off Sus Road, Near Balaji Temple, Pashan, Pune presenting 2/3 BHK residential apartments. Its sizes are 1091-1156 sq-ft. in 2BHK and it's price will be Rs. 85 to 89.80 lakh onward, and 3BHK from 1382-1413 sq-ft. and it will cost to you Rs. 1.06 to 1.08 crore onward. Its possession date will be December-2017.
My comments to replies
Thanks Upendra.... Do you have any idea what is the current property rate is going on in Pashan? And how much is the builder charging for this project? What are the location advantages of Venkatesh Ganga?
OK.....average property price in Pashan is Rs.7000/sq-ft. 3.35% rise in last one year. Builder is asking 7750/sq-ft. for Venkatesh Ganga. University Circle-4 kms, Shivaji Nagar-7 kms, Airport-19 kms, Pune Railway Station-9 kms-, Orchid School, Baner-2.5 kms, Balewadi Sport Complex-3 kms, Loyola School Pashan-3 kms and Hinjewadi IT Park-7kms.
19th July 2016

How is the project locality and connectivity? What about the statutory approvals? Are all approvals are in place? Which all banks are funding this project?
Well Chandra, As i know that Pashan is a prime residential suburb of Pune that is located off the Mumbai-Bangalore Highway. Major portions of this locality are occupied by educational institutions and government offices that make this area very attractive and realistic. Baner, an IT hub lies to the north of Pashan attracting many people to settle in and around the place for job prospects. Pashan is connected to Baner, Aundh, Bavdhan, University Square and Sus Village via excellent roads. The Pune Railway Station that serves as a major junction for many local and national bound trains is just a short driving distance from this place. The Airport is also located close-by and is well connected via buses and taxis that run frequently from Pashan. PMC has approved this project and all necessary approvals are in place. HDFC, Axis, LIC Housinf Fin Corp., Kaotak Mahindra Bank, Indiabulls Housing Fin Ltd., Tata Capital Housing Fin and PNB Housing Fin have approved this project too.
19th July 2016

Q: Looking for 1bhk flat near Kirkatwadi and came to know about this project. What are sizes available in 1BHK and it's price per square foot?
My replies to this discussion
Hi, Are you planning to buy flats in Belvalkar Kirkatwadi Phase-2? To get more details of this project click the link Belvalkar Kirkatwadi Phase-2Post your Requirements to get matching properties details on your Email and Mobile.Hi, Are you planning to buy flats in Belvalkar Kirkatwadi Phase-2? To get more details of this project click the link Belvalkar Kirkatwadi Phase-2
Q: I am interested in Jadhav Deore's Purple Bloom in Dighi. I want to know that does it comes under Red Zone (NO CONSTRUCTION ZONE) of Dighi
My comments to replies
Yes, both Dehu Road and Dighi comes under Red Zone and a notification for the Dighi Red Zones were issued under Works of Defence Act, 1903, and the Red Zone limits reduced from 500 metres to 270 metres. There were series of meeting with Maval and Shirur MPs, and even with Defence Minister Manohar Parrikar regarding the issue, but no final order was given in writing even he has assured to look into the matter.
I agree with Mr Chandra. And it is advisable not to buy or invest your hard earned money in this locality. The MPs, in Defence Minister's assurance had promised that the limit would be reduced from 2000 yards to 500 metres. The 2000 yard red zone was marked to create a no-development zone outside its boundaries. This area covers parts of Dehu Road cantonment, PCMC and Pimpri-Chinchwad New Township Development Authority limits, affecting as many as 50,000 houses in the areas.
1st August 2016

Q: The Lodha Belmodo’s Reserve, is the perfect luxury getaway from the city to an exclusive gated community nestled in 100 acres of lush green.
My comments to replies
Thanks for the Information Vatsa.... But i want to know the BHK configuration and it's price. Can you tell what all sizes available in Lodha Belmodo The Reserve? Has this project launched or still in pre-launch phase?
Yes, the project has been launched. it's 3BHK sizes is available in 2376 sq-ft. and it's price will be Rs.1.5 crore onward, 4BHK in 2934 sq-ft. and it's price will be Rs. 1.85 crore onward, 4BHK Duplex in 6111 sq-ft. and it's price will be Rs.5.17 crore onward and 4BHK Villas in 6012 sq-ft. and it's price will be Rs.5.71 crore onward.
17th August 2016

Q: Is the project still under construction? When will they hand over this project to their owners?
My comments to replies
Thanks Keshav.... What are the sizes available in 2BHK and how much will be the price all including?
@Priyanka Mont Vert Blue Bells Aura by Mont Vert Luxury Homes located at Pashan, Pune. It offers 2BHK residential flats from 906-1025 sq-ft. and its current price will be Rs. 6694-7414/sq-ft. Cost of 2BHK will be Rs.60.65L to Rs.75.99L.
30th August 2016
@Priyanka, Mont Vert Blue Bells Aura is a PMC approved project and almost all the leading banks and financial institutions have approved this project for home loan. You can get 80% of the total flat value as a home loan from multiple banks.
30th August 2016

Q: Omkar Mahim Project, Mahim located his place has great locality of people and also have best residential location which is renowned for its infrastructure development View more http://www.omkarmahim.newprojectlaunch.in/

My replies to this discussion
Hi Afsar!! Where is the project strategically located? Is it nearby the Mahim station? Is there any civic issues in the locality? What are the location advantages of this project? Is the transport facility good in the locality? What is the current status of this project?Hi Afsar!! Where is the project strategically located? Is it nearby the Mahim station? Is there any civic issues in the locality? What are the location advantages of this project? Is the transport facility good in the locality? What is the current status of this project?
Q: Omkar Kanjurmarg is best residential project for every earning class which is instituted nicely at auspicious place Kanjurmarg in Mumbai. Here you can find your dream home in form of 2 BHK, 2.5 BHK and 3 BHK flats. Omkar Kanjurmarg is surrounded with lush Green Park through many regions which is expended till your eyes can reach. This project has the largest real estate property in Kanjurmarg which has been converted into the great residential location by the esteemed name Omkar group. http://www.omkarkanjurmarg.newprojectlaunch.in/

My comments to replies
Hi, Omkar Kanjurmarg is a new residential project by Omkar Group located at Kanjurmarg, Mumbai. This is a pre-launch project and will have 2BHK residential apartments will all modern services and facilities. Omkar kanjurmarg has Double height designer entrance lobby, Elevator of reputed company, 100% power backup for common area lighting, Stilt and podium level parking. Developers has not yet disclose the floor plan and the rate as well.
Hi Khishi!! Do you think that Kanjurmarg is good society to live in with family? How is the locality and its advantages? How far is the daily basic amenities from the proposed project? I have no doubt about its connectivity as Mumbai has far better connectivity than other Tier-1 and Tier-2 cities. Thanks
21st November 2016

Q: Hi, I own flat in RR & they are offering FITOUT certificates, which is not legal OC? Is this safe to move in with this certificate. And this soon my agreement date crossing 24 month deadline. I am really upset with there timeline. When I asked to builder office they said you can move in on you risk? But while booking they told me that it will be complete possession. This is really smart move to avoid further unseen problem by builder & create for customer. I am literally screwed-up here.

My replies to this discussion
Hi, Fit-outs are legal only after the Occupation Certificate has been received and the registry of the flat done. By offering possession of not fully ready apartments, builder is washing his hands off and putting onus on you.Hi, Fit-outs are legal only after the Occupation Certificate has been received and the registry of the flat done. By offering possession of not fully ready apartments, builder is washing his hands off and putting onus on you.
My comments to replies
Hi, Fit-outs are legal only after the Occupation Certificate has been received and the registry of the flat done. By offering possession of not fully ready apartments, builder is washing his hands off and putting onus on you.
Apart from that you can also loose insurance claim damages from unforeseen events and theft/burglary etc. If builder is turning to illegal means as hes is unable to obtain Occupancy Certificate because he is unable to meet statutory requirements. Developers with delayed projects are offering this to wash their hands of their responsibilities. So, don't go for fit out possession.
23rd November 2016

Q: I am planning to buy a 2BHK flat here, but size wise i am having concern.. And also anyone have knowledge about that area ?

My replies to this discussion
Hi, Are you looking for flat in Legacy Urbania, Wakad, Pune? What is your budget? To get more details of this project, click this link Legacy Urbania, Wakad, Pune Or, To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.Hi, Are you looking for flat in Legacy Urbania, Wakad, Pune? What is your budget? To get more details of this project, click this link Legacy Urbania, Wakad, Pune Or, To get best deal on it, You can call on this toll free number (1800-833-1801) Or You can list you requirement Post your Requirements to get matching properties details on your Email and Mobile.
Q: What will be the price of a 1BHK flat in KCB Bhagyoday Residency, Rabvet, Pune? And when is its possession date

My replies to this discussion
Hi, KVB Bhagyoday Residency by KCB Builders, located at Ravet, Pune if offering 1 and 2BHK residential flat. Its sizes are available from 664 - 688 sq.ft in 1BHK and 946 - 1025 sq.ft in 2BHK. It's current asking price will be Rs.4600/sq-ft. This project is under construction and possession by June'2018. So a 1BHK from 664 - 688 sq.ft. will cost to you Rs.36.50L - 37.73L onward. Stamp Duty and Registration Charges extra.Hi, KVB Bhagyoday Residency by KCB Builders, located at Ravet, Pune if offering 1 and 2BHK residential flat. Its sizes are available from 664 - 688 sq.ft in 1BHK and 946 - 1025 sq.ft in 2BHK. It's current asking price will be Rs.4600/sq-ft. This project is under construction and possession by June'2018. So a 1BHK from 664 - 688 sq.ft. will cost to you Rs.36.50L - 37.73L onward. Stamp Duty and Registration Charges extra.
My comments to replies
Thanks Upendra!! Which local body as well as financial institutions have approved this project? Is the locality of Ravet good for end users? Can i get some insights in Ravet?
Your welcum Sir.... KCB Bhagyoday Residency is a PCMC approved project and IOD and CC are in place. As far as bank loan is concerned, almost all the leading banks and financial institutions have approved it. Ravet, located on the north-west side of PCMC and Pune. It is now among the most promising of upcoming residential locations on the Pune property market. It is the first town that encounters after leaving the Mumbai-Pune Expressway. Currently, known as the Gateway to Pune. It has close proximity to Hinjewadi IT hub and Pimpri-Chinchwad industrial belt. Pimpri, Chinchwad, Chakan and Talegaon are now quite easily accessible from Ravet.
28th December 2016
@Keshav, Ravet is the fast developing locality is Pune. JNNURM has now launched a 45-metre, grade-separated, non-signaled four-lane BRT (Bus Rapid Transport) road that provides access to the key area of Aundh in under ten minutes. Akurdi railway Station is the nearby railway station to this place located at a distance of 3.5 kms. There has been huge development seen in the last 5 years in this locality. All the daily basic necessities are within close proximity to this project.
28th December 2016

Q: This 4 storey building is newly constructed, excellent construction, very good ventilation and light. There are a total of 11 flats. 4 1BHK, 4 2BHK with on WC and 3 2 BHK with 2 WC. It is on Pashan Sus road o the west of Highway but on the newly developed 120 ft road which goes to Hinjewadi without having to go on highway. Excellent as company guest house

My replies to this discussion
Hello Rekha, You can also take the help of a local Cable Network who provides cable connection in your area or nearby areas to get instant feedback. Or, you can take the help of social media like FB and Linkedin to rent out your property.Hello Rekha, You can also take the help of a local Cable Network who provides cable connection in your area or nearby areas to get instant feedback. Or, you can take the help of social media like FB and Linkedin to rent out your property.
My replies to this discussion
Hi NArgis@@ Hinjewadi is a developed IT hub in Pune. It has developed as a major IT centric locality in Pune. Rajiv Gandhi Info Tech Park, consisting more than 30 multinational IT companies, is located in Hinjewadi. The need for residential projects is rising primarily because the large, ever increasing pool of employed people are everlastingly in search of houses closer to office, just to avoid the peak-hour traffic. Western market has reached the point of Saturation where developing infrastructure and lifestyle has already takes place. Yet, there are some Investment Options in Pune’s developing IT hub Hinjewadi. Otherwise, It is a good locality for end user but not for investor.Hi NArgis@@ Hinjewadi is a developed IT hub in Pune. It has developed as a major IT centric locality in Pune. Rajiv Gandhi Info Tech Park, consisting more than 30 multinational IT companies, is located in Hinjewadi. The need for residential projects is rising primarily because the large, ever increasing pool of employed people are everlastingly in search of houses closer to office, just to avoid the peak-hour traffic. Western market has reached the point of Saturation where developing infrastructure and lifestyle has already takes place. Yet, there are some Investment Options in Pune’s developing IT hub Hinjewadi. Otherwise, It is a good locality for end user but not for investor.
Q: I want to know the your opinion about Destination Memior Chikhali Project, Its 1 bhk flat 552 sq.ft. and 3400 psft. Mostly I am concerned about builder and quality of work and material, can any one help me out regarding this.

My comments to replies
Hello Priya, D. R. Gavhane Destinations is a reputed developer in Pune. They have successfully completed 12 project and 5 of their projects are still under construction. I searched a lot about this developer in multiple forum sites, but there is no negative reviews against them. I think you should go for it. You will get your flat possession on time And most importantly, RERA 2016 is going to active by 1st of May. As per RERA, developers have to offer possession on time.
As, far as project locality is concerned, Chikhali is about 21.2 kms from Pune and 142 kms from Mumbai. The locality is surrounded by Talegaon Dabhade in the West) and Pune in the South. Some of the neighbouring cities are Pimpri-Chinchwad, Talegaon Dabhade, Pune and Manchar. Real estate in Chikhali is prospering due to the growth of IT industry in the area. This locality is well connected by road and rail. Mahanagar Parivahan Mahamandal Ltd. and a host of other private buses connect the area to neighbouring areas. A rapid transit system has been proposed in Pune. The New International Airport is located at a distance of 28.9 kilometers via Pune- Highway.
18th April 2017

My replies to this discussion
Hi Asha, down payment depends on how much construction work has completed. As the construction work has almost completed. I think you have to pay the 80-90 per cent as down payment.Hi Asha, down payment depends on how much construction work has completed. As the construction work has almost completed. I think you have to pay the 80-90 per cent as down payment.
Q: Godrej 24 Hinjewadi is new launch project developed by Godrej Properties. Project Offers 2 & 3 bhk housing apartments with luxury amenities.
My replies to this discussion
Hi all, I am looking for a spacious flat. I heard that Godrej 24 is offering 2BHK large flat? What are its sizes and how far is the Pune Airport and Hinjewadi Railway Station from the project site? Is the locality good for end users?Hi all, I am looking for a spacious flat. I heard that Godrej 24 is offering 2BHK large flat? What are its sizes and how far is the Pune Airport and Hinjewadi Railway Station from the project site? Is the locality good for end users?
My replies to this discussion
Hi, Is it a pre-launch project? What are the options and its rate per square foot quoted by the developer? When is he project possession date?Hi, Is it a pre-launch project? What are the options and its rate per square foot quoted by the developer? When is he project possession date?
Hi all, Where is the project Godrej 24 strategically located? What are the location advantages of this project? How far is the daily basic amenities from the project site?Hi all, Where is the project Godrej 24 strategically located? What are the location advantages of this project? How far is the daily basic amenities from the project site?
My replies to this discussion
Good evening friends!! I am new to this forum and need your help. I am looking for a spacious flat. I heard that Godrej 24 is offering 2 BHK large flat? What are its sizes available in 2 bhk and its current rate? Is the locality good for end users?Good evening friends!! I am new to this forum and need your help. I am looking for a spacious flat. I heard that Godrej 24 is offering 2 BHK large flat? What are its sizes available in 2 bhk and its current rate? Is the locality good for end users?
My replies to this discussion
Hi Pranay, Which project are you talking about? Will you please mention the name of the project and its location? Is it a pre-launch project or has launched? What are the options available in it?Hi Pranay, Which project are you talking about? Will you please mention the name of the project and its location? Is it a pre-launch project or has launched? What are the options available in it?
My replies to this discussion
An under-construction property can be divided into three parts. The first part is the cost of the land and calls for no VAT or service tax. The second part is the cost of material which is liable for VAT. The third part is the cost of construction and involves labour charges and can be treated as a service that is rendered by the developer to the purchaser. Therefore, service tax can be levied on this component. You have to pay service tax at the rate of 4.5%.An under-construction property can be divided into three parts. The first part is the cost of the land and calls for no VAT or service tax. The second part is the cost of material which is liable for VAT. The third part is the cost of construction and involves labour charges and can be treated as a service that is rendered by the developer to the purchaser. Therefore, service tax can be levied on this component. You have to pay service tax at the rate of 4.5%.
Q: I am planning to construct a residential project for my family where the plot area would be more than 500 sq. mtrs. and number of units would be more than 8 but these units are not for sale to anybody or to public In this scenario do I need to apply for RERA registration? Because I understand the main purpose of RERA is to protect the allotees (home buyers) from the malpractice of the builders but in my case since I do not intend to sale the units the buyer would not come in picture.

My replies to this discussion
No, you do not have to register you property with RERA as you are not going to advertise for the property, not going to sale the units and there is no other owners of the property except you as there is no property registration is coming on your plot. And most important, no buyers are coming in the picture. Yes, the main purpose of RERA is to protect innocent buyers from the malpractice of the builders.No, you do not have to register you property with RERA as you are not going to advertise for the property, not going to sale the units and there is no other owners of the property except you as there is no property registration is coming on your plot. And most important, no buyers are coming in the picture. Yes, the main purpose of RERA is to protect innocent buyers from the malpractice of the builders.
My replies to this discussion
Hi, I am one of the owner of flats in this project. The project might be in prime locality but does not have quality. No timeline on completion certificate for A1 and A2. Amenities including club house and park and not progressing as expected. It is impossible to complete them by March 2018. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Builder is planning to charge owners from March 2017.Hi, I am one of the owner of flats in this project. The project might be in prime locality but does not have quality. No timeline on completion certificate for A1 and A2. Amenities including club house and park and not progressing as expected. It is impossible to complete them by March 2018. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Builder is planning to charge owners from March 2017.
My replies to this discussion
Hi Charles, For that you have to visit India first and see the project locality and should have a discuss with the concerned authority and land owners. Know the current property price in the locality and then consult with 2-3 brokers for rate negotiation and then proceed.Hi Charles, For that you have to visit India first and see the project locality and should have a discuss with the concerned authority and land owners. Know the current property price in the locality and then consult with 2-3 brokers for rate negotiation and then proceed.
My replies to this discussion
Hi Vinay, I would like to suggest you to as for the RERA Registration number before going for it. As it is a under construction project, so it has to be registered under RERA otherwise, it will considered as illegal. Try to negotiate with the builder, you can get a good price. Its current asking rate is Rs.5800 per sq-ft.,Hi Vinay, I would like to suggest you to as for the RERA Registration number before going for it. As it is a under construction project, so it has to be registered under RERA otherwise, it will considered as illegal. Try to negotiate with the builder, you can get a good price. Its current asking rate is Rs.5800 per sq-ft.,
Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.
My comments to replies
Hi Sunil, There was an accident took place in Balewadi, which had left 9 construction workers dead in August 2016. hundreds of home buyers in various projects of Pride Purple Group have been left in difficulties following a stop-work notice from the Pune Municipal Corporation for all the groups projects. So, before booking your flat in this project please make sure that all those issues have been sort-out.
Yes, i am agree with you Hamsika. Though the flat buyers, many of them have paid the entire amount, have held several meetings with PMC authorities and sent reminders to them but the civic officials are yet to conduct a structural audit of these buildings to decide their fate. Secondly, i would suggest you that where Maharashtra RERA has approved this project or not because this project is still under construction and and as per new RERA rule, every ongoing projects have to be registered with RERA otherwise, project will consider as illegal and you can not complain in court or in consumer forums. Thanks
10th August 2017

My replies to this discussion
Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.
My replies to this discussion
Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.Hi, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is planning to charge owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.
My replies to this discussion
Hi Rajiv, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is asking for maintenance charges from owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.Hi Rajiv, I am one of the owner of flat in Shagun Perfect 10, Balewadi, Pune. Builder is asking for maintenance charges from owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am loosing trust in the claim and in this project.
Q: Hello, I have two 1 BHK flats attached internally. However as per Index 2 and property tax bill it is a single flat. Now I am using one 1 BHK and second one is rented out. Please tell me, as per law can society charge me double maintenance. Thanks you.

My replies to this discussion
I would like to suggest you to check your society registration documents made with Registrar. If 2 share amount is paid then your society is right. Visit your nearby registrar office and confirm it first before paying maintenance charges.I would like to suggest you to check your society registration documents made with Registrar. If 2 share amount is paid then your society is right. Visit your nearby registrar office and confirm it first before paying maintenance charges.
Q: Advantage of Registration under GST GST provided input credit benefit for all the Goods purchased or services availed by the society i.e. Lift AMC, Housekeeping, Security, Fire AMC, Repairs & Maintenance, Contract staff, Accounting & Auditing Services, Software ADDA Portal & other services etc. For example, if the GST will be charged at the rate of 18% , or at applicable rates Reverse charge , for the services availed or goods purchased for these goods and services, same will be available for input to the society and can claim as refund if no output liability or fall under exemption with minimal compliance cost. Subject to input tax credit apportionment for taxable and exempted services. Earlier there was no credit available for good purchased for the society, under GST society can avail the benefit of input. This will reduce the overall cost to the society.

My replies to this discussion
But it is a win-win situation for those builders who kept their project on hold. They will have to bear the tax burden for the ready-to-move in projects since they are kept out of GST ambit. At the same time, the government has told developers to pass on any benefits that they may get under the new tax system to the home buyers.But it is a win-win situation for those builders who kept their project on hold. They will have to bear the tax burden for the ready-to-move in projects since they are kept out of GST ambit. At the same time, the government has told developers to pass on any benefits that they may get under the new tax system to the home buyers.
Q: HSG society is required to register if total income exceed the threshold 20L and pay GST only if the monthly maintenance fee exceeds 5000 per flat or any flat having above the threshold. Also society has to pay the GST on other charges levied on the members and non members.Also society has to pay GST on reverse charge basis for any Goods services supplied by an unregistered person or on specified RCM services i.e. advocate services etc.

My replies to this discussion
Hi Folks....very good topic for discussion. On certain transactions, it is expected that reverse charge mechanism will be applicable and accordingly the GST will have to be paid first and then the credit may be claimed. Under GST, all dealers including a society will have to file three returns in a month for each and every transaction on the billing side on 10th of following month and on expenses side on 15th of following month and consolidated return on 20th of following month and an annual return has to be filed.Hi Folks....very good topic for discussion. On certain transactions, it is expected that reverse charge mechanism will be applicable and accordingly the GST will have to be paid first and then the credit may be claimed. Under GST, all dealers including a society will have to file three returns in a month for each and every transaction on the billing side on 10th of following month and on expenses side on 15th of following month and consolidated return on 20th of following month and an annual return has to be filed.
Q: No sir, if the income is below the threshold limit not required to register and Reverse charge will also not applicable in this case.

My comments to replies
Hello Prabhat, It has been defined under section 2(98) that the Reverse charge means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub-section (3) or sub-section (4) of section 9, or under sub-section (3) or subsection (4) of section 5 of the Integrated Goods and Services Tax Act.
Yes, and under the following cases the Recipient must pay the required GST- a) Any transaction notified by the Government, as on date nothing has been notified but likely it may be for a) Transport payment b) Lawyer Professional Fees c) Security Payment d) Payment where people are providing labor, etc. b) Obtaining goods or services from unregistered dealer.
27th October 2017

My replies to this discussion
You can check or verify your property papers without a lawyer. Due diligence of your rights can certainly protect you against unscrupulous practices by developers. It is always best to physically check all documents before buying any property. Must check the complete details of the seller. Must read the delay penalty clause. A penalty clause should be incorporated in the purchase agreement, clearly specifying milestones and the penalties in case of failure from both seller and buyer.You can check or verify your property papers without a lawyer. Due diligence of your rights can certainly protect you against unscrupulous practices by developers. It is always best to physically check all documents before buying any property. Must check the complete details of the seller. Must read the delay penalty clause. A penalty clause should be incorporated in the purchase agreement, clearly specifying milestones and the penalties in case of failure from both seller and buyer.
Q: Godrej Mamurdi Pune is excellent creation by Godrej Group in Pune.

My replies to this discussion
Hi Sonal, Godrej Mamurdi, Pune by Godrej Properties is a a pre-launch project. Builder is planning to provide 2,2.5 and 3 BHK luxury flats. This project is still in pre-launch phase and builder has not disclosed its price, bhk configuration and possession details. Even project has not got RERA approval from the concerned state RERA.Hi Sonal, Godrej Mamurdi, Pune by Godrej Properties is a a pre-launch project. Builder is planning to provide 2,2.5 and 3 BHK luxury flats. This project is still in pre-launch phase and builder has not disclosed its price, bhk configuration and possession details. Even project has not got RERA approval from the concerned state RERA.
My replies to this discussion
Hello Krishna, Aditya Comfort Zone Nest, Balewadi is easily approachable to the main road. It is very close to Baner-Balewadi Road. Its proximity to Hinjewadi IT Park and the Mumbai-Pune expressway is a major reason for its steady growth. It also has good accessibility to the other locations of Pune through a strong road network. Other facilities like schools, colleges, and hospitals are located in the vicinity, making the daily life of its residents more convenient.Hello Krishna, Aditya Comfort Zone Nest, Balewadi is easily approachable to the main road. It is very close to Baner-Balewadi Road. Its proximity to Hinjewadi IT Park and the Mumbai-Pune expressway is a major reason for its steady growth. It also has good accessibility to the other locations of Pune through a strong road network. Other facilities like schools, colleges, and hospitals are located in the vicinity, making the daily life of its residents more convenient.
My replies to this discussion
Hi Keshav And Sunil....... I am one of the owner of a flat in Shagun Perfect 10, Balewadi, Pune. The builder is asking for maintenance charges from owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am losing trust in the claim and in this project.Hi Keshav And Sunil....... I am one of the owner of a flat in Shagun Perfect 10, Balewadi, Pune. The builder is asking for maintenance charges from owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am losing trust in the claim and in this project.
My comments to replies
Hi Rohini, I would like to suggest you, visit the project site before booking your dream home in it. See the approach road, transport facilities, connectivity, water, and electricity facilities and then go for it. The Baner-Balewadi area may be a hub of development, but basic amenities such as water supply are still sadly lacking despite ample supply in the dams. Mumbai High Court already issued a warning notice to Pune Municipal Corporation over its discriminatory approach and ordered that no new construction was to be allowed in this area unless the civic body takes concrete steps towards handling the acute water shortage.
Yes, I am one of the owner of a flat in Shagun Perfect 10, Balewadi, Pune. The builder is asking for maintenance charges from owners from March 2017. We are facing many difficulties from the beginning of our flat possession. Main door laminate is the worst. Polished applied on all doors in the flat is of bad quality and it has started coming out by simple cleaning by cloth. Apart from that, claims of quality made by sales and engineering team, all becoming false by each passing day and I am losing trust in the claim and in this project.
4th December 2017

My replies to this discussion
Hi Somi, Kasturi Nexus Apartment, Wakad, Pune is an upcoming project by Kasturi Housing. I think they are waiting for RERA approval. They did not disclose any information about this project. As soon as we get any information regarding it, will let you know.Hi Somi, Kasturi Nexus Apartment, Wakad, Pune is an upcoming project by Kasturi Housing. I think they are waiting for RERA approval. They did not disclose any information about this project. As soon as we get any information regarding it, will let you know.
My replies to this discussion
Hello Rupali, I will advise you do not take amenities what you do not understand. The choice of amenities should be evaluated on the basis of personal preferences, requirements, availability, affordability, and exclusivity. Buyers should only go for something that they are completely aware of and not be attracted by beautiful pictures painted by sellers. Amenities always add some fixed or variable cost to the property and this may impact the resale value of the property.Hello Rupali, I will advise you do not take amenities what you do not understand. The choice of amenities should be evaluated on the basis of personal preferences, requirements, availability, affordability, and exclusivity. Buyers should only go for something that they are completely aware of and not be attracted by beautiful pictures painted by sellers. Amenities always add some fixed or variable cost to the property and this may impact the resale value of the property.
My replies to this discussion
Hi Shiela, Security features in Park Grandeur such as Elica, Hafele, Bosch, Siemens make hob, chimney & built-in microwave & oven in the kitchen, Indo Asian, Schneider, Legrand make electrical switches in all rooms, Safe House, Zicom, Legrand make color screen video door phone in each flat, Powder coated, Anodized aluminum windows with mosquito net in all rooms excluding toilets, Laminated glass railing with S.S. vertical supports in all attached terraces, Fire Fighting Systems and piped gas connection are few among them.Hi Shiela, Security features in Park Grandeur such as Elica, Hafele, Bosch, Siemens make hob, chimney & built-in microwave & oven in the kitchen, Indo Asian, Schneider, Legrand make electrical switches in all rooms, Safe House, Zicom, Legrand make color screen video door phone in each flat, Powder coated, Anodized aluminum windows with mosquito net in all rooms excluding toilets, Laminated glass railing with S.S. vertical supports in all attached terraces, Fire Fighting Systems and piped gas connection are few among them.
Q: Can a co-operative society charge for providing NOC to the seller even if there are no dues pending?

My replies to this discussion
If you are selling your flat and the buyer who wants to take a home loan. Agreement and registration have been done for the property and all govt. taxes also have been paid. Since the property needs to be mortgaged to the bank by the new buyer, in this case, the buyer needs a NOC from the society to mortgage the property. Better, you take the advice of a legal expert in this matter.If you are selling your flat and the buyer who wants to take a home loan. Agreement and registration have been done for the property and all govt. taxes also have been paid. Since the property needs to be mortgaged to the bank by the new buyer, in this case, the buyer needs a NOC from the society to mortgage the property. Better, you take the advice of a legal expert in this matter.
Q: I have got the final rate of 63.5lac for a 2 bhk flat at Aldea. posession will be in 2020. kindly help me to know if its a right deal. I have paid some token non refundable amount.

My replies to this discussion
Yes, I am agreed with Mr. Sunil and advise you to do your all due diligence before investing your hard earned money anywhere in India. Better, visit the project site, see the approach road, water, and electric supply condition, connectivity to the other parts of Pune City, verify all legal documents and then go for it. I have seen a lots of negative feedback against the developer and its projects.Yes, I am agreed with Mr. Sunil and advise you to do your all due diligence before investing your hard earned money anywhere in India. Better, visit the project site, see the approach road, water, and electric supply condition, connectivity to the other parts of Pune City, verify all legal documents and then go for it. I have seen a lots of negative feedback against the developer and its projects.
Q: Godrej 25 Hinjewadi new launch project at Hinjewadi in Pune promises to cater to the comfort and luxury along with a fresh environment to live in.The location of Godrej 25 Hinjewadi makes sure that the home-seekers are choosing the right Apartments for themselves.To know more detail -godrej25hinjewadi.upcomingestate.com
My comments to replies
Hi Rahul, Godrej 25 located in Hinjewadi Pune. Hinjewadi, Located in the west of Pune is a highly developed locality due to the presence of Hinjewadi IT Park. This locality is known for several IT Park. It is 20.5 km from Pune Railway Junction. This locality is mainly known for Rajiv Gandhi Infotech Park which houses many IT Companies. It has excellent connectivity to the major parts of the Pune City, adequate social infrastructure like proposed Pune Metro Rail and presence of commercial and retail spaces, this area is transforming into a vital residential destination.
Are all approval in place? Which local body and financial institutions have approved it. If it is ongoing project then what is its RERA Registration number?
25th April 2018

Q: Godrej 25 Hinjewadi is a new under construction apartment by the top real estate group Godrej Properties, It is coming up in Hinjewadi, West Pune, Maharashtra. www.godrejhinjewadi.in godrej25

My replies to this discussion
Are all approval in place? Which local body and financial institutions have approved it. If it is ongoing project then what is its RERA Registration number?Are all approval in place? Which local body and financial institutions have approved it. If it is ongoing project then what is its RERA Registration number?
Q: Vascon Goodlife, Vascon Engineers, Upcoming Apartments, Katvi Road, Talegaon, Pune Real Estate, 10 Acres, 1 RK, 1 & 2 BHK. apartmentsinpunerealestate.blogspot.com
My replies to this discussion
Hello Priyanka, Is the locality good for investment? Which local body and financial institutions have approved it? Have they got the MAHARERA approval? If yes, then what is its RERA Registration number?Hello Priyanka, Is the locality good for investment? Which local body and financial institutions have approved it? Have they got the MAHARERA approval? If yes, then what is its RERA Registration number?
Q: How is the locality of Baner in Pune in terms of living, connectivity, transportation and infrastructure? Why is the locality in huge demand these day?
My replies to this discussion
Hi Hamsika, Baner is one of the best areas to live in. It is located off the Katraj-Dehu Road Bypass. The Mumbai-Pune Expressway is the most important infrastructure for Pune. Cost of living is marginally high here. The locality of Baner is very close to Hinjewadi IT Park so the commute will not take much time. It has a variety of restaurants and shops for daily need. It looks like the Koregaon Park of west Pune. With its strategic location, the presence of good social infrastructure, proximity to the Pune-Mumbai Expressway, and IT Hub of Hinjewadi, and accessibility to Central Pune are some factors which boost the realty market of Baner.Hi Hamsika, Baner is one of the best areas to live in. It is located off the Katraj-Dehu Road Bypass. The Mumbai-Pune Expressway is the most important infrastructure for Pune. Cost of living is marginally high here. The locality of Baner is very close to Hinjewadi IT Park so the commute will not take much time. It has a variety of restaurants and shops for daily need. It looks like the Koregaon Park of west Pune. With its strategic location, the presence of good social infrastructure, proximity to the Pune-Mumbai Expressway, and IT Hub of Hinjewadi, and accessibility to Central Pune are some factors which boost the realty market of Baner.
Q: I am planning to buy a 2 bhk a flat in Bhugaon, Pune and my budget is 40-45 lakh? Is the locality has the potential for good ROI?
My replies to this discussion
As far as localitys connectivity is concerned, Bhugaon has improved infrastructure in terms of connectivity. Paud Road is a major connecting road in Bhugaon, which has now been widened to 180 ft. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhgaon which is located at a distance of 7 km. IT Parks of Hinjewadi and multi-national companies such as Oracle are the employment hubs near Bhugaon. The locality provides all kinds of social amenities to live a happy and peaceful life. The presence of commercial hubs in and around the locality is making Bhugaon a desirable working, as well as a residential destination of Pune. The average property rates in the area are Rs.5100 per sqft. On the other hand, Kothrud offers property starting from Rs.9350 per sqft. Affordability is the only factor which that is attracting the investors as well as the end users in Bhugaon.As far as localitys connectivity is concerned, Bhugaon has improved infrastructure in terms of connectivity. Paud Road is a major connecting road in Bhugaon, which has now been widened to 180 ft. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhgaon which is located at a distance of 7 km. IT Parks of Hinjewadi and multi-national companies such as Oracle are the employment hubs near Bhugaon. The locality provides all kinds of social amenities to live a happy and peaceful life. The presence of commercial hubs in and around the locality is making Bhugaon a desirable working, as well as a residential destination of Pune. The average property rates in the area are Rs.5100 per sqft. On the other hand, Kothrud offers property starting from Rs.9350 per sqft. Affordability is the only factor which that is attracting the investors as well as the end users in Bhugaon.
Q: How is the locality of Sus Road in terms of connectivity, factors for growth in the past, and return on investment?
My comments to replies
Hello Sir, Sus is the next most logical choice due to its connectivity and proximity to Hinjewadi It Parks. Sus, incidentally, comes under Pune Metropolitan Region Development Authority (PMRDA). The locality has seen tremendous infrastructural development. Thus, public transport, roads and the condition of infrastructure are also impressive. The new Mumbai - Pune expressway has, in turn, made the travel more convenient than ever before. Thus, for those who have families in Pune and work in Mumbai or vice-versa, the Baner-Sus road is an excellent choice as it is very well connected to the highway. This locality is 5 mins away from Bavdhan. Sus Road is a road that connects Sus village to the suburb of Pashan in Pune. This locality comes under the limits of Pune Municipal Corporation. All the daily basic necessities are within the stone throw away distance.
The average property rates in Sus is Rs.5550 per sqft. On the other hand, the locality which is close to Sus such as Baner, Balewadi, and Pashan is offering Rs.7300 (Baner), Balewadi- Rs.6600 per sqft, and Pashan - Rs.7150 per sqft. Seeing the current price trends, one can easily calculate that Sus has more affordable property rate than Baner, Balewadi, and Pashan. Investment here can you give you handful of returns in 5-7 years. Properties for sale in Sus, Pune in Sus will be a good decision if you are a long-term investor. As far as infra development is concerned, Several projects, including the proposed Hinjewadi-Shivajinagar Metro Line, Fire Brigade Service, water supply, solid waste management and Ring Road have received a boost and Rs.2591 crore allocated in the 2018-19 budget. I am very sure that in the coming days, property rates in the Sus will increase after the implementation of all those projects.
25th July 2018

Q: Why is the locality of kalyani Nagar in so much demand?
My comments to replies
Hello Deepti, Investing in a property at a strategic location is the key to a good return on your investment. Pune is one such city that is home to many such locations that ensure good returns. If you are looking for affordable flats in Pune, then Kalyani Nagar is a perfect location. This area houses some of the leading IT companies and many corporate giants. Hence, pushing the demand for Apartments for sale in Kalyani Nagar, Pune. It is located on the Eastern Corridor of Pune. It is located between Koregaon Park and Viman Nagar and its proximity to Kharadi and Kharadi IT Parks makes it the perfect destination for IT & ITES companies. Its smooth connectivity is another reason that boosts the demand for real estate in Kalyani Nagar.
Yes, connectivity wise Kalyani Nagar is the best place to live. This locality has seen excellent infra development in the neighborhood areas. The main roads of Kalyani Nagar are East Avenue, West Avenue, and Central Avenue. Nagar Road connects the locality to Yerwada, Viman Nagar and Shastri Nagar. Pune International Airport is located at a distance of 10 km whereas Pune Railway Station about 5.4 km. The smooth connectivity adds to the comfort of the residents. The growth of both commercial and infrastructural has grabbed the attention of real estate investors here.
27th July 2018

Q: Adani Koregaon Park is a new launch apartments which is located in koregaon Park, Pune. This project will offering 1, 2, 3 BHK apartments for the residents.For More Information.Visit Here:- adanikoregaonpark.upcomingestate.com
My replies to this discussion
Hello Vibhor, Adani Koregaon Park is an upcoming residential project developed by famous Adani Developers. It offers apartments in 1, 2, 3 BHK setups with the tentative built-up area from 600 sqft to 2600 sqft. This project is spread across 10 acres of land area with 20 towers and 1200 units of homes. It is an upcoming project so, the builder has not disclosed flat sizes and its rate. Keep in touch with us for further update.Hello Vibhor, Adani Koregaon Park is an upcoming residential project developed by famous Adani Developers. It offers apartments in 1, 2, 3 BHK setups with the tentative built-up area from 600 sqft to 2600 sqft. This project is spread across 10 acres of land area with 20 towers and 1200 units of homes. It is an upcoming project so, the builder has not disclosed flat sizes and its rate. Keep in touch with us for further update.
Q: Is the locality of NIBM Annexe good for buying property? What is the current property rate there? Is there any proposed and planned infra on table?
My replies to this discussion
Of course yes. NIBM Annexe is a well-known developed residential locality of South Pune. It is an extension to NIBM Road. It shares its proximity to Camp and the Cantonment area. Wanowrie, Wanwadi, Undri, Kondhwa, Fatima Nagar and Hadapsar Gaon are its neighboring localities. It has an advantage of being closer to MG Road. This locality is situated from Magarpatta IT Parks. The transport system of this area is good. PCMC owned buses served the area and connect NIBM Annexe to the other parts of the Pune city. The current property rate in the locality is Rs.4450 - 6600 per sqft. If you are planning to buy a flat, this is the right time for property buyers as the property rates have dropped marginally.Of course yes. NIBM Annexe is a well-known developed residential locality of South Pune. It is an extension to NIBM Road. It shares its proximity to Camp and the Cantonment area. Wanowrie, Wanwadi, Undri, Kondhwa, Fatima Nagar and Hadapsar Gaon are its neighboring localities. It has an advantage of being closer to MG Road. This locality is situated from Magarpatta IT Parks. The transport system of this area is good. PCMC owned buses served the area and connect NIBM Annexe to the other parts of the Pune city. The current property rate in the locality is Rs.4450 - 6600 per sqft. If you are planning to buy a flat, this is the right time for property buyers as the property rates have dropped marginally.
I agreed with Ramdas Palsule. I have a 2 BHK Flat in this area and living last 3 years and did not face any issue. Apart from that, it has emerged as a prominent residential destination for the workforce employed in central areas like the Cantonment, Camp area as well as areas like Kalyani Nagar and Hadapsar which have resulted in the development of several residential, commercial and entertainment hubs nearby. Proximity to major IT Hubs of Pune such as Lohia Jain IT Park, Magarpatta IT park, The Cerebrum IT Park and Pune IT Park has been a plus point for NIBM Annexe, driving rental demand and providing consistent rental yield.I agreed with Ramdas Palsule. I have a 2 BHK Flat in this area and living last 3 years and did not face any issue. Apart from that, it has emerged as a prominent residential destination for the workforce employed in central areas like the Cantonment, Camp area as well as areas like Kalyani Nagar and Hadapsar which have resulted in the development of several residential, commercial and entertainment hubs nearby. Proximity to major IT Hubs of Pune such as Lohia Jain IT Park, Magarpatta IT park, The Cerebrum IT Park and Pune IT Park has been a plus point for NIBM Annexe, driving rental demand and providing consistent rental yield.
Q: Any reviews about builder vastu shodh and project cavansite at WarjePune.has anyone booked flat here.

My comments to replies
Hi Amruta, Vastushodh Builder is one of the leading developers in Pune known for low cost housing projects. They have successfully delivered 8 projects in and around Pune and still 8 under construction.
Yes, they are one of the best builder in Pune in recent times. People acknowledge them and appreciate their work. They have offered amenities in their projects that are utility-based and not luxury oriented. The idea of owning a home in Pune is becoming a distant dream for the underprivileged groups of the city but Vastushodh Builder has reduced the gap between this dream and reality and many times awarded with some precious award. These award are CREDAI National Award For Best Affordable Housing Project, Five Star CRISIL Rating Township for Anandgram Yavat, The AESA Award 2015 for Social Responsibility in Affordable Housing Category, and NDTV Property Award For Low Cost Housing Project.
11th January 2019

Q: Dose anybody knows connectivity of Godrej Rejuve project with kharadi & mundawa

My replies to this discussion
The locality of Keshav Nagar has superb connectivity to the other parts of the city via bus and rail. There is a arterial road called Manjiri Road passing through Keshav Nagar and connects the locality with Mundhwa which is situated at a distance of 1.9 km. Similarly, Kharaadi is situated at a distance of merely 3.9 km via Magarpatta Road, Mundhwa-Kharadi Road and Manjari Road. Hadapsar Railway Station lies only 2.9 away whereas Lohegaon Airport is 9.5 kilometres from the area.The locality of Keshav Nagar has superb connectivity to the other parts of the city via bus and rail. There is a arterial road called Manjiri Road passing through Keshav Nagar and connects the locality with Mundhwa which is situated at a distance of 1.9 km. Similarly, Kharaadi is situated at a distance of merely 3.9 km via Magarpatta Road, Mundhwa-Kharadi Road and Manjari Road. Hadapsar Railway Station lies only 2.9 away whereas Lohegaon Airport is 9.5 kilometres from the area.
Q: Hi all, I am quite interested to buy a flat in Ganga Amber, so o please tell any latest update or information regarding to this project?

My replies to this discussion
Ganga Fernhill is a under-construction project by Goel Ganga Development situated in Undri, Pune. It offers 1,1.5, 2 BHK residential flat. Variants are available from 462 - 464 sq.ft (carpet area) for 1 BHK, from 578 - 870 sq.ft (carpet area) for 1.5 BHK, and from 747 - 769 sq.ft (carpet area) for 2 BHK. Its current asking rate is Rs.6978 per sq.ft on carpet area. A 1 BHK will cost you Rs. 32.24 L - 32.44 L onward. Stamp Duty and Registration Charges extra. As per developer, its expected date of possession will be December 2020.Ganga Fernhill is a under-construction project by Goel Ganga Development situated in Undri, Pune. It offers 1,1.5, 2 BHK residential flat. Variants are available from 462 - 464 sq.ft (carpet area) for 1 BHK, from 578 - 870 sq.ft (carpet area) for 1.5 BHK, and from 747 - 769 sq.ft (carpet area) for 2 BHK. Its current asking rate is Rs.6978 per sq.ft on carpet area. A 1 BHK will cost you Rs. 32.24 L - 32.44 L onward. Stamp Duty and Registration Charges extra. As per developer, its expected date of possession will be December 2020.
Q: I have visited the Gagan Klara project in balewadi. Though I liked the project, the possession date is 2023 which questions builder's reliability. Can anyone help to get to know about builder's reliability ? - TIA

My comments to replies
Hello Omkar, I too liked the project and planning to book 2 bhk there. I heard that It has G plus 2 floor are commercial and 3rd to 6th floor are MHADA approved?
Yes, but residential building has separate entrance than commercial & MHADA with separate parking. Did you book? They are not a popular builder so we have to be careful while going for the booking, Ask for all the required documents and approvals and verify it with the help of a property expert.
15th July 2019

Q: Hi, I am looking to buy a flat in Pune & one of my friend suggest me ganga florentina. So, I just want to know a latest information about this project?

My comments to replies
Hello Riya, Ganga Florentina by Goel Ganga Developments strategically situated in NIBM Annexe, Pune. It is ongoing residential project which offering 3 BHK apartments ranging from 998 - 1014 sq. ft. and its per sq.ft rate is Rs 11322. A 3 BHK apartment in Ganga Florentina will cost you Rs 1.13 Cr - 1.15 Cr onward. This project is span across 25 acres of vast land and consists of 120 units. As per the builder its expected possession date will be December 2020.
Thanks for the detail Information Hamsika. Are all approval in Place? Which local body and financial institutions have approved this project and what is RERA registration number?
25th September 2019

Q: I am looking for an apartment in Keshav Nagar and got to know about the Mantra Insignia, can any one provide the information related to this project ?

My replies to this discussion
Mantra Insignia is an under-construction project by Mantra Properties situated at Mundhwa, Pune. It offers 2, and 3 BHK residential apartments. Variants are available from 467 sq.ft (carpet area) in 2 BHK, and 632 sq.ft (carpet area) in 3 BHK apartments. A 2 BHK will cost you Rs.43 lakh onward while for a 3 BHK apartments, you have to pay Rs 55 lakh onward. As per developer, its possession date will be on December 2023.Mantra Insignia is an under-construction project by Mantra Properties situated at Mundhwa, Pune. It offers 2, and 3 BHK residential apartments. Variants are available from 467 sq.ft (carpet area) in 2 BHK, and 632 sq.ft (carpet area) in 3 BHK apartments. A 2 BHK will cost you Rs.43 lakh onward while for a 3 BHK apartments, you have to pay Rs 55 lakh onward. As per developer, its possession date will be on December 2023.
Yes, Pune Municipal Corporation has approved Mantra Insignia and all the leading banks are offering loan for this project. As far as RERA approval is concerned, P52100001326 is RERA registration number.Yes, Pune Municipal Corporation has approved Mantra Insignia and all the leading banks are offering loan for this project. As far as RERA approval is concerned, P52100001326 is RERA registration number.
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