2 bhk flat at Wakad - 29 lakhs onwards:It was Friday, May 16, 2008, Mont Vert opened the bookings of Seville and within 5 hours more than 50 flats were booked. Nobody expected this to happen. Because nobody thought that compact 2 bhk flats starting from Rs.29 lakhs could be the solution to Pune real estate slow down.
If you see my review of Seville, i was quite sarcastic about the hole affair. First, i did not like the fact that Mont Vert Homes was "entering" into low budget compact flats. Mont Vert should focus on it's niche of "up-market-quality-homes" because in the east side of Pune real estate market, particularly near Hinjewadi, there are very few builders who can build quality homes, i believed.
Second reason was the budget! Starting from 29 lakhs was not exactly "affordable" budget. Because, i knew for sure, majority IT professional had a budget in the range of 20 to 25 lakhs. This segment in the first place fueled the real estate boom, but was thrown out of Pune real estate market. If "Rs.29 lakh for 2 bhk flat" becomes the benchmark then, even in the slow down, it would be very difficult for this segment to get a flat in the developed area of Pune and Pimpri Chinchwad, i thought.
Topaz Park, Palash 2 and now even SuCasa!Topaz Park, part of Park Street, size wise one of the big project at Wakad, has already managed to bring down the budget of it's compact flats. Now at Topaz Park 2 bhk flat fits in the budget of 29.9 lakhs and 3 bhk flat in 38.3 lakhs.
Under the "The Green Umbrella Offer", Vilas Javdekar and Associates successfully sold out all spacious 2 bhk flats at Palash 2.0 by offering discount in the form of 'No EMI till possession if you give Advance Loan disbursement'. Now, Palash at Wakad has given up the idea of "un-boxed" living and already soft launched 'traditional' compact 2 bhk flats which will fit in the budget of 36 lakhs.!
Now, in the 2nd phase, SuCasa, a residential project at Wakad, which had townhouses with private gardens and penthouses with terraces, is also launching compact 2 bhk flats which, including every thing, fit in the budget of 33 lakhs (approx)!
These compact flats at SuCasa, a project by Kalarch Developers, have the same carpet area but because of the sizes of the terraces you get flats in 3 saleable areas. 905 sq.ft. saleable area on 1st, 3rd, 5th and 7th floor. And Salesable area 924 and 957 sq.ft. on 2nd, 4th and 6th floor. Property rate for 2nd phase of SuCasa is Rs.3,200 per sq.ft. Parking - 1.5 lakh. MSEB charges 75,000. Stamp duty would be around 1.25 - 1.3 lakhs as per the size of the flat. Plus add 30,000 for the registration. Here are the floor plans of SuCasa. Click the plan to enlarge. Have a look!
Ravi, compare compact 2 bhk flats at Wakad!You know i enjoy your comments and your calls on my mobile +91 98600 44110, though many times you ask me difficult questions like, "Ravi, which is the best compact flat at Wakad?". When you subscribe for free to my Ravi Karandeekar's Pune Real Estate Blog i feel rich and prosperous. When you visit my Google Group and join for free, Ravi Karandeekar's Pune Real Estate Blog Group, you motivate me. Thanks, i am enjoying this on going conversation on Pune real estate.
To know more about SuCasa, visit www.sucasa.in :Tomorrow, September 4, 2008, on the auspicious day of Rishi Panchami, SuCasa is opening the booking of these compact flats. Here are the details of the contact:
Site Address: S.No.190/191, Wakad-Thergaon road, Wakad, Pune – 411057
Site Contact: 020 6520 6650 / 6410 3445
Mobile No.: +91 99606 85685
Office: Kalarch Developers
Off. No. 10, 3rd. floor,
Pune - 411030
Tel: 020 2433 6371 / 020 2433 2749
real estate Pune real estate Indian real estate Pune real estate blog Pune property blog Pune housing blog Pune real estate market Pune real estate market news Pune news Pune news SuCasa, at Wakad compact 2 bhk flats 2 bhk flat at Wakad - 29 lakhs onwards Pune real estate slow down Mont Vert Homes Mont Vert Seville at Wakad Hinjewadi affordable budget Pimpri Chinchwad Topaz Park, part of Park Street, Wakad The Green Umbrella Offer Vilas Javdekar and Associates Palash 2.0 discounts and special offers in Pune real estate market No EMI till possession Advance Loan disbursement SuCasa, a residential project at Wakad townhouses with private gardens penthouses with terraces SuCasa, a project by Kalarch Developers Property rate in Pune real estate prices in Wakad Ravi Karandeekar 91 98600 44110 Ravi Karandeekar\'s Pune Real Estate Blog Group Google Groups auspicious days Rishi Panchami Wakad-Thergaon road, Wakad, Pune – 411057 Kalarch Developers