eyeproperties PUNE

Property Times - 26 Nov.11 - Comments by Ravi Marda

2011-11-26T20:33:00.000-08:00

WEST CALLING

Good connectivity and robust demand from the IT sector has strengthened the real estate market in western Pune, says SHILPA SACHDEV

    The western corridor of Pune is home to some very attractive and popular destinations for residential housing. Areas like Hinjewadi, Aundh, Baner, Balewadi, Pashan, Wakad, Kothrud and a large area of the Pimpri Chinchwad Municipal Corporation constitute the bulk of the western region. The demand drivers
    for west Pune range from its flawless connectivity, strategic location and presence of Information Technology that makes it a desirable address.
    Sanjay Bajaj, Managing Director - Pune, Jones Lang LaSalle India says, "The western side of the city is advantageously connected to the Expressway, which allows easy and speedy access to Mumbai. It has major IT Parks of Hinjewadi, Baner and Aundh in the neighbourhood, while also offering great connectivity to the industrial pockets of Chakan, PCMC and Talegaon. Besides, Pune's western side is high on serenity and natural beauty, which contributes to its popularity among home buyers. The western side has a very healthy demand for housing. This demand is driven both by the local industries and investors from Mumbai who are purchasing residential housing in this corridor."
    According to Bajaj, currently, the locations that are attracting the highest demand for residential properties are Aundh, Baner, Wakad and Pashan. Talking about the area, he says, "The key industries which have witnessed consistent and accelerating growth in the western parts of Pune are Information Technology, education and manufacturing. Retail is also beginning to take off convincingly on the western side, with three large malls being planned there. A new road is planned along Baner which will improve access to Hinjewadi. This will drastically reduce the travel time and also encourage IT companies to continue their expansion plans within Hinjewadi. The growth of the IT and manufacturing industries is extremely robust in the western region, and demand for housing will continue to be very healthy there."
    Top city developers have launched an array of inviting projects in the western part of Pune. Every project is conceptualised
differently giving the buyer a variety to choose from. Shyamkant Kotkar, MD and Chairman, Nandan Buildcon Pvt. Ltd. says, "The western region has a good mix of IT, education, hospitality and industry. The interesting part is that earlier, people would have to go to Koregaon Park if they wanted a high-end apartment but today even in the western region, quality residential real estate is readily available. For example, in Aundh, we have projects like Nandan Festiva and Nandan Aspira where the flat size is huge, 4600 sqft and 3600 sqft respectively. Innovating it further, we are just providing a bare shell; the customer can decide how many rooms and walls he wants. This comes with a lush 5000 sqft terrace. We launched the project a month ago and have received good response from the buyers."
    Baner and Wakad are other growing locations in the western belt of Pune. Kotkar adds, “In fact, the response to our project Nandan Inspera at Wakad has been phenomenal. The entire project is booked; we have a waiting list of buyers wanting to buy at Wakad. We will also be launching a new project in Baner next year, which has been planned taking into consideration the inputs from our existing customers; this helps us plan
the project better. The western region is very resident-friendly as it enjoys good connectivity and social infrastructure. However, the government needs to spruce up the infrastructure with better roads, flyovers and possibly a Metro to provide good transport facilities to the people residing in the area."
    Backed by a strong IT demand, the western region enjoys consistent demand leading to better returns on investment. Ravi Marda of Eye Properties says, "Luxurious and premium projects are coming up in the Aundh-Baner-Pashan belt. The western part of Pune is wellconnected to the IT hub of Hinjewadi. It is centrally located as it is not too far even from the city centre so balancing a lifestyle is easier if you are living here. The demand is made up of essentially the IT segment working here or people who want to expand and buy bigger homes. The region is also well-connected to the Mumbai-Pune Expressway and the Pune-Bangalore by pass. Small township projects have come up in this area offering holistic lifestyle to the residents. The Balewadi Sports Complex is open to the public. In a range of Rs 4000 to Rs 8000 per sq. ft, one can find homes in the western region of Pune, giving a wide choice to the home seeker. What is better is the rate of appreciation it offers could be easily 20-25% in the next three years."
    Ranjit Naiknavare, Director, Naiknavare Developers adds, "The growth began with residential development but today a lot of commercial development in the region is driving its potential. The Hinjewadi IT Park has become a focal IT zone in the region that houses a number of leading companies. A host of shopping centres and multiplexes have come up on the Baner road. Many hotels have come up in the western side of Pune. The Bhugaon-Ambegaon belt is also developing. Some of the key reasons for the growth of western Pune are the huge automobile industry at Chakan, the education institutions, the IT growth, the proximity to Mumbai-Pune Expressway and the safe environment it offers."
    Educational institutes like Sinhagad college, Indira college, MIT to even a part of Pune University begins from the west. Five-star hotels like Seasons, Holiday Inn, Marriott Courtyard are already present in the western region. Hospitals like Lata Mangeshkar Hospital, Aundh Chest Hospital, Sahyadri Hospital, Medipoint are some wellestablished medical centres here. Naiknavare states that the demand on the western side of Pune is much better than anywhere in the city making it the most favoured destination. It results from a combination of factors like the comfort level, the job opportunities, presence of relatives around. "It was a populous area and people have continued to come in. The demand always works on a social principle. Pune is no longer a tier II city; it is turning out to be a metro as the population has exceeded 50 lakh," he shares.
    In the last one year, maximum launches of new projects have happened in the western belt of Pune points out Shantanu Mazumder, Branch Head - Pune, Knight Frank. He says, "Areas in west Pune like Aundh, Baner, Balewadi, Bavdhan, Pashan and north west Pune like Pimple Saudagar, Wakad, Ravet, Hinjewadi, Tathawade are seeing good demand. The connectivity to the Expressway is a strong advantage. Also, major IT players are operating in this region, which add to the demand. Over the last few years, the accessibility has improved, making the western region easily accessible also to the industrial corridor around the PCMC area.”
    He continues, “The western region is home to many good colleges making it an educational hub that has opened up a lot of opportunity. Demand is also coming in from the industrial areas of PCMC, Pirangut-Bhosari. A development has been proposed to connect PCMC area to the highway. The Wakad road is under wide-laning; this will facilitate travel to Hinjewadi is flat 20 minutes. There is no end to the potential of this region. Earlier development was restricted to just Wakad but now it is going beyond to areas like Ravet and Tathawade as well. Also, the price point ranges from Rs 3000 to even Rs 8000-9000 per sqft, hence one gets to choose from a wide variety based on the ticket size."
    As demand continues to pour in, the western side of Pune is all set to reach new heights in the coming time.
QUICK BYTES THE WESTERN REGION HAS A GOOD MIX OF IT, EDUCATION, HOSPITALITY AND INDUSTRY A NEW ROAD IS PLANNED ALONG BANER WHICH WILL IMPROVE ACCESS TO HINJEWADI

Source: -http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=TOINEW&BaseHref=TOIPU/2011/11/26&PageLabel=42&EntityId=Ar04200&ViewMode=HTML

Property Times - Pune quoted comments of Ravi Marda on 13th Aug 2011

2011-08-13T08:40:00.000-07:00

Ravet has become a popular destination for residential housing ...

CONFLUENCE POINT

Showing immense potential, Ravet has become a popular destination for residential housing and the growth is only expected to get stronger in the coming times, says NISHA SWAMI

    Ravet is located on the north-west side of PCMC (Pimpri Chinchwad Municipal Corporation) and Pune. Ravet is among the most promising of the upcoming residential locations in the Pune
    property market. It is situated at a confluence point of the old NH4, the Katraj-Dehu Road bypass and the Mumbai-Pune Expressway. Moreover, it is located equidistantly from two major real estate market drivers - the Hinjewadi IT hub and Pimpri-Chinchwad industrial belt.
    Pharande Spaces and the Rama Group have joined hands at Ravet in launching an integrated residential township called Celestial City. Located in the central part of Ravet, this project is spread over 25 acres and will be developed over three phases. Talking about this project, Sujata Dasani, Manager, Marketing & Sales, Celestial City says, "We chose this area as it is very close to the Express highway and it is one of the biggest projects in Ravet. Ravet is an upcoming region and is developing very fast and we decided that this was the perfect place for the project. The project offers 2BHK and 3BHK luxury apartments."
    There are many residential projects coming up in the district. Om Tropica Pune, a residential project covered by Om Developers, is located at Ravet. The project presents 2 and 3 BHK luxury apartments with state-of-the-art amenities and infrastructure. Scattered over total land of 965 sq. ft. - 1296 sq. ft., the project is coming with a very affordable price rate according to investors' budget. Every apartment of the project is equipped with amenities such as swimming pool, kids play area, garden, gym, club house and the like.
    Satish Kestikar, General Manager, Marketing & Sales, Om Developers says, Ravet is a growing zone and is far better developed than Wakad. “The locality is not completely developed which gave us a chance to establish our projects here. It is also very good from the investment point of view,” he says. “People like the surroundings and it is close to the express way, the shopping malls and the railway station which is a great boon for the residents around here. Most of the apartments, around 98% of them have been booked and this project is an ongoing one and will be ready very soon.”
    Apart from its accessibility, there are other important establishments close to Ravet that add to its value as a residential location. These include the Aditya Birla Hospital, the Bajaj Auto manufacturing plant, SKF, Telco and major educational establishments such as the Indira Institute of Business Management, D.Y. Patil College as well as the Mercedes Benz School. Its proximity to the Hinjewadi IT hub is of strategic importance, since this fact makes it a new and affordable residential location for the software employees working there.
    Pravin Wawre, who works in Ravet says, "The area is very strategically located. It is close to the Chinchwad area which is a big shopping area, the highway is close by, around six to seven kms away. Hinjewadi, another area that has a lot of schools and colleges, is also nearby. A lot of builders and developers have come to this area and more projects will be coming up in the near future. Travelling within the area is hassle-free. There are share autorickshaws that take you from place to place. Even the climate is very pleasant all the year round.
    Ravet is also very close to the upcoming cricket stadium at Gahunje village off Mumbai-Pune Expressway. It will be the home ground for the Pune IPL team and will be a short drive from here if one wants to catch the action live. In addition, many malls, holiday destinations and entertainment zones are coming up around Ravet. Weekend getaways like Lonavala, Khandala are hardly 30-minutes’ drive from here.
    Property analyst Ravindra Marda tells us about the current situation in Ravet. "The rates in the area are in the range of Rs. 2,600-Rs. 2,900. The main builders here are the Rama Group and Pharande Spaces as they have established the largest projects in Ravet. People have convenient access as it is close to the highway and it is situated right in the middle and can be reached through the bypass road. It also has good connectivity with the neighbourhoods like Akurdi. Ravet is perfect for IT and automobile employees as there are many offices in the vicinity.”
    Pradhikaran is the Pimpri Chinchwad New Township Development Authority (PCNTDA). It was set up as the apex Town Planning body to ensure the systematic development of the residential zones of the predominantly industrial Pimpri - Chinchwad.
    Pharande Spaces have their projects in Ravet. Anil Pharande, Chairman, Pharande Spaces says, "Ravet is the most potential area in the vicinity which is why we chose this place for our projects. It is also the central point of the industrial belt and a lot of people who have bought apartments are from the business class as it is very easy travelling to work and back. It is also a very well planned and organised having all the basic necessities for the people living here. We are also planning a fully equipped township in Ravet as we have got a very good response from the other projects. This township will be ready in a few months. The current rates for residential housing is in the range of Rs. 3,200-Rs. 3,500 per sq. ft."
    On future plans and development in Ravet, Mohammed Aslam, COO - Residential Services, Jones Lang LaSalle India says, "Rates are welcomingly low in Ravet, and the appreciation potential is undoubtedly high. It is therefore not surprising that some major names from PCMC's developer community have taken an active interest in this lodestone location. We expect it to reach a high level of investment and end-user potential in less than four years, after which rates should show significant and steady upward movement."
QUICK
BYTES RAVET IS LOCATED EQUIDISTANTLY FROM TWO MAJOR REAL ESTATE MARKET DRIVERS - THE HINJEWADI IT HUB AND PIMPRICHINCHWAD INDUSTRIAL BELT
IN ADDITION, MANY MALLS, HOLIDAY DESTINATIONS AND ENTERTAINMENT ZONES ARE COMING UP AROUND RAVET

Times of India (Pune) - Property Times quoted comments of Ravi Marda on 12th Feb 2011

2011-02-19T23:10:00.000-08:00

Times of India (Pune) - Property Times quoted comments of Ravi Marda on 12th Feb 2011.

follow this link

http://epaper.timesofindia.com/Default/Scripting/ArticleWin.asp?From=Archive&Source=Page&Skin=pastissues2&BaseHref=TOIPU/2011/02/12&PageLabel=42&EntityId=Ar04201&ViewMode=HTML&GZ=T

DESTINATION NEXT
With new developments coming its way, Chakan is shaping up as a potential destination for investment in Pune, says SHILPA SACHDEV

There are many reasons why Chakan will strike a chord with those looking for a reasonable home deal. Although the infrastructure in Chakan needs to be worked upon, which will hopefully spruce up as more developments flow in, the place has already attracted a solid presence on the real estate map of Pune.
The buzz of automobile companies that have chosen the Chakan-Talegaon belt as their hub has sparked the interest of many. The news of the international airport is another growth driver. Not to forget, the attractive price tag that makes it a steal to buy a home here.
Anil Pharande, Chairman, Pharande Spaces says: “The Chakan-Talegaon belt has developed well as an industrial corridor and is coming up as a twin city like Pimpri-Chinchwad. The place is good for industrial planning. To support the industrial growth, there should be comprehensive planning from the Government and MIDC for good residential development. Along with residential, there should be proper provision of infrastructure by creating bridges on the river and connecting other parts of the city to Chakan and Talegaon.”
The industrial growth in Chakan is getting stronger by the day and in a way it has spurred the demand for housing. Property analyst Ravi Marda says: “The Chakan MIDC is fully established. A proposed Bharat Forge SEZ is about to come up here. Many global automobile companies like Volkswagen, Mahindra, Bajaj Auto have established their base in Chakan. The residential demand here is greatly generated by the employees working in these companies. Talegaon is another fully established MIDC. The 25-km long Chakan-Talegaon road has companies like General Motors, JCB and many other bigger companies. Bhosari is another industrial hub which is well connected to Chakan. The national highway that connects Pune to Nashik also shares connectivity with Chakan. Moshi is another place near Chakan that is coming up. The international convention centre is supposed to come up at Moshi. It is going to be the biggest convention centre in Asia and will have a few 3-star category hotels within its layout. Many developers have come up with big township projects in Chakan. The Chakan-Talegaon-Bhosari triangle will shape up like Detroit in USA.”
Interestingly, Chakan is home to many residential projects spread over a large expanse. Rupesh Agarwal, Joint MD, Sara Builders and Developers: “We have a 50 acre project in Chakan called Sara City. With 3500 apartments, the township has all the necessary amenities like schools, clubhouses, retail and so on. About 500 flats have been delivered as of now. Chakan is like Hinjewadi five years back. With the amount of automobile companies that have set shop here, it has turned into an auto cluster. The international airport is also proposed at Chakan. The Courtyard by JW Marriott is already under construction. It is a great location for those looking for a good investment because the future potential of the place is immense. By 2014, Chakan will be flourishing. Also, the price tag being in the bracket of Rs 2,000, it is a big driving factor as compared to prices in the rest of Pune. The walkin to conversion ratio is 20 per cent, which is good. We are also going to launch another 10-acre project in Chakan in October this year.”
Ranjit Naiknavare, Director, Naiknavare Developers Pvt Ltd makes an interesting observation on how Chakan makes sense for large layout projects. "Chakan has the presence of many industries and hence the road network is excellent. But the other social infrastructure like enough schools, hospitals, shopping is still developing. The attraction to Chakan has been the competitive price range as compared to the rest of Pune. But having said that, the customer will also look out for proper infrastructure in the area. As a result, for any project to come up in Chakan, it has to be a holistic plan, which will provide the social infrastructure along with residential units.”
He continues, “In our township project at Chakan called Dwarka, which is spread over 130 acres, a school is already in operation and within this year the shopping mall and hotel should start functioning. The basic shopping is however already in place with a restaurant too. About 700 flats have been handed over out of the 6,000 apartments on offer. While planning the project, we also did the hard work of getting the basic infrastructure in place like getting the water line connected. Customers too prefer to invest in an all-inclusive project so for developers with a holistic plan in mind, the market in Chakan is huge. We are also coming up with a 50-acre project in Talegaon. We are very bullish on the north-west corridor of Pune, which is seeing demand not only from the industry but also the IT sector. The key reason has to be the prices in the range of Rs 2,000 per sq ft as a result people find it affordable and worth investing.”
Chakan offers a competitive choice to those looking to buy a home in Pune because the place has tremendous potential for the future.
(Inputs: Neha Dani) QUICK BYTES
MANY GLOBAL AUTOMOBILE COMPANIES LIKE VOLKSWAGEN, MAHINDRA, BAJAJ AUTO HAVE ESTABLISHED THEIR BASE IN CHAKAN CHAKAN IS HOME TO MANY
LARGE TOWNSHIP PROJECTS
AND MORE ARE ON THE ANVIL

Office space for Rent / Lease / Sale on Baner road near Sadanand Resort, Pune

2010-07-30T04:22:00.000-07:00

Commercial Office for Lease / Sale on Main Baner road near Sadanand Resort, Pune available for IT/ITES/BPO & Financial Institutes, Banks.

View Office 23000 Sft on lease / sale - Main Baner road, Pune in a larger map

Office floors area 23000 Sft each on 1st & 2nd Floor with ample parking space, Lifts, backup with genset provision is available at a most premium & prestigeous location on main baner road, near sadanand resort for lease or outright sale.

This is a project designed to cater to the industry specific demands of the IT sector, given its 24x7 work culture. Strategically located at Baner, the Mumbai- Pune Expressway, Hinjewadi, Balewadi and Aundh are just at a few minutes distance.
The entire 23,000 sq ft each floor in this building is dedicated to commercial ventures. Incorporated with smart features and facilities, it is an ideal IT and commercial destination with STPI Benifits.
* 5 minutes from Balewadi
* Exclusive parking
* 100% generator back-up
* Separate lift till basement parking
* 4 high speed lifts & 1 freight lift with generator back-up
* Hi-tech fire fighting system
* State-of-the-art telecommunication network
* Power supply with heavy duty power cables
* Ample parking spaces
* Offices with 12’ floor height
* Granamite tile flooring for all offices
* 100 % generator back-up for all offices (Provisional)
* Fully Air-conditioned office spaces (Provisional)
Call for details :- +91-9422310170 or send enquiry to email: eyeproperties@gmail.com

For Sale: 2bhk at Kalyaninagar in Imperial Residence near Agakhan palace

2010-07-20T22:56:00.001-07:00

Available For Sale:
A 2bhk at Kalyaninagar in Imperial Residence Project near Agakhan palace.

on 7th floor, 1047 Sft + Car Parking + Modular Kitchen
Expected price = Rs. 57 Lakh + 2% Brokerage

Imperial Residence

Built around a colossal, beautifully landscaped garden, Imperial Residence blends into the surroundings, making it truly a sight to behold. Shops are conveniently located within the complex, and shopping malls, reputed schools and colleges, hotels, restaurants, parks and entertainment centers are within easy reach.

Location: Located in Pune’s highly coveted Kalyani Nagar neighborhood, right alongside the historic and majestic Aga Khan Palace

Year of completion: 2006

Amenities

Swimming pool with baby pool & party deck
Club House with gymnasium & indoor games
Central landscaped garden
Children’s play area
Decorative entrance lobby
Tremix flooring / Checkered tiles / Interlocking tiles in parking area
Kota stone flooring for staircase
Multi parking options
Two automatic lifts per building
Generator backup for lifts & common area
Sewage treatment plant for water recycling and garbage disposal. Recycled water will be used for gardening and WCs in toilets

Specifications

Granite flooring in living room and passages (2’x 2’)
Ceramic tiles in bedrooms (2’ x 2’) & kitchen (16’ x 16’)
Granite kitchen platform with stainless steel sink and 2’0” dado with glazed tiles
Ready Kitchen with trolleys and cabinets
H/C water plumbing connections for kitchen & toilets
Attached terraces with non-skid ceramic flooring
Coloured glazed tiles up to lintel level (7’0”) for toilets
Coloured sanitary fittings
Chrome plated fittings for toilets & kitchen
Water resistant toilet shutters
Main door skin moulded polish shutters
Brass fittings for main door with night latch
Internal skin moulded shutters duly painted
Sliding powder coated Aluminum windows with mosquito net & M.S painted grills with oil paint
Acrylic / Luster paint internally except ceilings
High grade exterior paints
Concealed plumbing
3 phase electrical connection
Concealed electrification with modular switches
Intercom facility
Adequate electrical points
Exhaust fan in all toilets & kitchen
Cable TV connection point in living room & master bedroom

Call +91-9422310170 or email to eyeproperties@gmail.com

Showroom and Office space in Laxmipuri, Kolhapur available on Rent / Lease

2010-06-02T23:09:00.000-07:00

Showroom and Office space in Laxmipuri, Kolhapur available on Rent / Lease

Showroom - Ground floor appr. 4300 Sft @ Rs 50 per Sft per month

Office space - Second Floor with Lift appr. 500 Sft to 9000 Sft @ Rs 20 per Sft per month

Property located centrally and at a premium location :- on 60' wide road, Ford corner, Laxmipuri, Kolhapur. Surrounded by about 30+ leading commercial banks, financial institutions and speciallity hospitals, furniture showrooms. Just about 1 Km away from railway station.

For more details contact at :- 09422310170
or email - eyeproperties@gmail.com

Orange Srushti Bavdhan - 1 & 2 BHK flats

2010-04-10T02:18:00.000-07:00

Orange Srushti – Bavdhan, Pune 1 BHK & 2 BHK Launched on Gudipadwa 2010

Location:-

Just 2km from Chandni chowk, on Banglore – Mumbai Expressway, at Bavdhan.

10 Min away from Hinjewadi IT Park and 5 Min away from Kothrud.

Surrounding:-

Next to DSK Toyota showroom & Crystal Honda Showroom, Opp. Lalani IT Park

Future developments:-

Knowledge city, Symbiosis, Flame, Bharati Universities at Lavale are just within 5km

Oxford Golf club is just within 3km

1BHK:-

Sizes 629 Sft – 643 Sft costing @ Rs. 23.90 Lakh* – Rs 24.35 Lakh*

2BHK:-

Sizes 942 Sft – 955 Sft costing @ Rs. 35.67 Lakh* - 36.12 Lakh*

Amenities:-

· Well developed garden

·Club House

·Indoor games faciliy

·Kids area

· Rain water harvesting

· Vermiculture

· STP

· Solar hot water

·Electronic Security system

·Intercom facility

Specifications:-

·Porcelano tiles 2’x2’ in entire flat and anti skid ceramic tile in toilet

·Red maranti Teak Wood frame – Main door

·Internal doors – RCC door frames with flush door

·Windows – Pwoder coated Alluminium sections with 4mm glass & loured windows to toilets

·Kitchen – Granite pltform with Steel sink and glazed tiles above platform in dado upto door height

·Plumbing – Concealed fitting with shower, hot & cold mixer Jaguar or equivalent make

·Electrical – Concealed copper wiring with TV & Tel points in living & Master bedroom of make Legrand or equivalent with ELCB

For booking or more information contact:-

eyeproperties@gmail.com or call on +91-9422310170

News - Times of India quoted comments by Ravi Marda in "Great Homes in Pune"

2008-03-29T06:50:00.000-07:00

Comments by Ravindra Marda of eyeproperties were quoted in an article “Great Homes in Pune West” in the “Times of India” Pune edition on 28th March, 2008.

IT makes the difference

There's a buzz around western Pune, thanks to the influx of IT professionals,
says Menka Shivdasani

One of the nicest things to have happened to both Pune and Mumbai in recent times was the completion of Nitin Gadkari's Mumbai-Pune Expressway in 2002. The 93 km. project, which spins across the neighbouring cities, opened up the region in unimaginable ways. Suddenly, if you lived at, say, Navi Mumbai, areas in western Pune, like Aundh, were no more than an hour and a half away - maybe two, if you preferred to drive slowly. Conversely, if you worked in Pune and needed to visit the country's commercial capital in a hurry, you could zip down in the morning and be back in Pune in time for your 4 p.m. chai. Being on the West of Pune, of course, would give you an advantage while doing this, since places like Hinjewadi, Baner and Wakad are far more accessible on the Expressway.
No wonder then that western Pune has seen explosive growth in recent times. Aundh - once a peaceful holiday destination, particularly for Mumbaikars who had relatives at the serene Sind Society - may have reached saturation point, but there are other areas where growth is just waiting to happen. Property consultant Ravindra Marda of Eyeproperties Pune says: "The suburban areas which are near the city like Kothrud, Dahnukar Colony, Bhusari Colony, Karvenagar Sinhgad road, Pashan, Aundh, Viman Nagar, Wanawadi, Bibewadi, Market yard, and Kondhwa are developed and now there is no more space remaining to develop within these areas."
However, he adds, on the west side, places like Bavdhan, Pashan, Baner, Balewadi, Wakad, and Pimple Nilakh are still available for development. These areas have multiple advantages, he point out; while they may suffer the disadvantages of extended travel time to the railway station and Lohegaon airport, they are close to the expressway, to the Hinjewadi IT SEZ and offer quick access to the city centre.
Pune's western locations have seen tremendous growth over the last decade or so, boosted by the fact that they offer excellent connectivity, not only along the Expressway and the old Mumbai-Pune highway, but on the Nashik Road and Sholapur Highway as well. Marda says that till 1997, parts of Kothrud, Paud Road, Rambaug colony, Ideal colony, part of Sinhagad road up to flyover, Navsahyadri, Dahanukar Colony, Bhosale Nagar, Aundh, Pashan upto Abhimanshree had seen steady growth. Most of the developments were as bungalow cooperative societies and flats, housing government employees and professionals working in private companies, among others
Then, the IT revolution happened. In 1997, start-up software companies began their first tentative steps in rental flats and small bungalows in Kothrud, Karve Road, Paud road, and S. B. Road. By 2000, experts had started referring to this as a boom, as IT professionals increasingly
discovered the city.
MIDC got into the act, with the development of a huge software park in Hinjewadi and the focus shifted from central Pune towards the Western side. Property consultants like Marda and Shaji Thomas, who operated in the area, were delighted to find better infrastructure, rising demand for homes thanks to the IT SEZ and facilities like VSAT by STPI for High-speed Internet connection - all of which, in Marda's words, "proved that Hinjewadi is the best IT destination".
Companies like Infosys, Wipro, Tata Technologies and Geometric bought a larger space in the first phase and the need for development of a second phase was felt. If MIDC has it way, Hinjewadi could soon be one of the largest IT development centres in India; the area is attracting leading multinationals, including Microsoft.
There is no doubt that western Pune is poised for even more growth in the near future. Kapil Gandhi sums it up neatly when he says: "The western part has matured from a middleclass area having old buildings and conventional small shops, to a modern upmarket area offering beautiful roads, internationally level shopping and entertainment facilities and premium new generation housing options."
If you are looking for a good investment in Pune, this is where you begin! , Infrastructure needs to keep pace
With so much development in these areas, there is an urgent need for greater infrastructure to match the pace of growth. Some work has been done on this front - Shaji Thomas of Connextions Realtors points out that roads and public amenities have developed a great deal and suburbs like Pashan and Baner now have adequate water supply.

The expanding city

The influx of high-salaried software professionals into western Pune has led to the demand for premium properties that offer a plush lifestyle, complete with malls and multiplexes in the vicinity. Social infrastructure has also come up - for instance, educational institutions like DAV, Citi International School, Spicer College (primary to college level), autonomous colleges, convent schools like St Josephs for Girls, Pashan, Loyala in Pashan, Vidhya Valley in Pashan Sus, Indira Management Schools and Business Schools on the Highway, Mozhe College and many more. Parag Borawke, Marketing and Admin, Darode Jog Properties, says: "All the big major educational institutes like Bharati Vidyapeeth and Sinhagad technical institute which has medical, engineering, dental colleges are near the scheme on Sinhagad road - Crossover County."

Retail options have also expanded; as Marda points out, Future group has made its presence felt with six outlets under Big Bazar in Hadapsar, Bibewadi, Sinhagad Road, Baner road and now in Kothrud, apart from two luxury shopping malls under the name of Pune Central at Bund Garden Road and other at Ganesh Khind Road. "Currently there are no branded malls in the areas of Baner, Aundh, Pashan and Bavdhan," he says, adding, "There are a lot of inquiries for larger space availability in the real estate market to find a showroom or mall space in these locations."

Those who have invested in the area have hit a bonanza; the prices of the apartment schemes in Kothrud, Shivajinagar, Aundh, Kalyaninagar in 2000 shot up four times of the invested amount in just eight years. Now, with no more land available in these areas for development, adjacent areas like Bavdhan, Warje and Sinhagad road are being sold as extensions of Kothrud. According to Marda, the prices here are Rs. 2800 per sq ft to Rs. 3800 per sq ft
If Kothrud has seen expansion into Bavdhan and other areas, Shivajinagar and Aundh have not been left behind. These locations have now extended towards Pashan, Baner, and Wakad, with prices in these regions touching Rs. 3500 to Rs. 4500 per sq ft. Now, there is a new location in the vicinity being referred to as Aundh Annexe - Pimple Saudagar and Rahatani, which are about four km from Aundh and offer properties at prices ranging from Rs. 2600 to Rs. 3000.
With so much growth, the posh area of Kalyaninagar has now been extended towards Nagar road, Viman Nagar, Kharadi and Wadgaon Sheri, and prices here are Rs. 2800 to Rs. 3800.
Koregaon Park is extended towards Mundhwa and Magarpatta, Amanora Park townships are ready to absorb the pressure on this side. The prices here are 3000 to 4000 per sq ft, says Marda.

You can also read them on the links below:
1) IT Makes the difference
http://epaper.timesofindia.com/Repository/ml.asp?Ref=VE9JUFUvMjAwOC8wMy8yOCNBcjAxNDAw&Mode=Gif&Locale=english-skin-custom

2) The Expanding City
http://epaper.timesofindia.com/Repository/ml.asp?Ref=VE9JUFUvMjAwOC8wMy8yOCNBcjAxNDAy&Mode=Gif&Locale=english-skin-custom

Your comments on the articles are welcome…

Project Launch - DYNASTY WAKAD at Rs. 2999 per sft till Gudi Padawa

2008-03-29T05:38:00.000-07:00

28th March 2008, Times of India’s Pune edition full page was covered with a launching invitation for a 12 storied project in Wakad (PCMC) along with a full list of amenities inclusive of Gym, Jacuzzi, Club, Swimming pool with baby pool, Operation Creche by trained professionals, Pergola, Accupressure track, Jogging track, Herbal Garden, Party lawn, Barbaque area, toddlers play area, Senior citizens area & Car wash area.

I have reserved my time slot, despite of a rush of calls due to Times of India’s article on Pune city’s growth in west area inclusive of several quotes by me. Visited to the site which is about 10 Km away from University Circle (Today’s City Centre).

Wakad road itself is a lush green and well ventilated, thanks to defence reserved areas and river adjacent to road. But I feel really shame, when I saw the green plants raising head over the entire river bed, while passing by the river at Rajiv Gandhi Bridge, Aundh, & knowing the fact that Irrigation Minister is the Parent Minister of Pune and when we are dreaming for a river-boating-way in Pune.

The location is 10 km away from University Circle out of which about 4 km roadway is passing by defense and Bharat Electronics Ltd land and having no divider for traffic. Feeling the night drive unsafe for single women driving from city and daytime drive unsafe from the safety point of view.

The location is better if your need is only to be connected only to Hinjewadi or Mumbai bypass highway, But for Pune’s city market it is far away as compared with Baner and so is the price difference.

Entered the site covered with entrance pandal and a nicely furnished sales office. The model flat was ready with posh interior items, as mentioned in Advt.

Mr Chawala was himself was entertaining to few of his colleagues like Mr. Kalbhor of Rachana Associates, builder of Vanshaj Prestige to show the efforts he has put for making the show flat and inviting them to have a snacks & juices.

The sample flat now a days is common selling point to display a precisely done furnished flat. It was a made of a large 3BHK with Garden flat, which is a bigger one out of the three on each floor. Every floor comprises with 3 units i.e One of 2BHK and two of 3BHK. The total project area is about 7 Acre with proposed 12 storied 10 towers. Scheme will have more than 300 units all together.

Nicely planned entrance lobby & planned passages and utilizing internal spaces with need of interiors & internal privacy within the small area is the achievement in this project handled by the architects – Vikas Achalkar & Manoj Tatooskar.

Few of the features which are highlighting for this project mentioned by the sales persons
Mr. Aakash Gupta & Mr. Kuldeep are:
1) About 65% of the land is open to sky and remaining ground will only be covered by the buildings
2) The larger 3BHK flat will have a developed eye level terrace garden
3) Well planned homes for interior layout

Now about the size & prices –
2 BHK flats are of sizes 1010 & 1083. 3 BHK flat are of sizes 1316, 1388 (with Terrace Garden) and 3 BHK with luxury 1472, 1482

Price on offer is up to Gudi Padawa i.e. upto 6th April 2008 is Rs. 2999 per Sft.

Eyeproperties Analysis:
The flats are suitable for people, who need to have fast connectivity to Hinjewadi & Mumbai Express way Also companies from Hinjewadi can buy it for a group of their employees.
Lot more amenities are proposed across the length of the plot, so choice of the tower should made according to importance. For any queries send email to eyeproperties@gmail.com

About Location
Connectivity ****
3KM from Hinjewadi & 4 Km from Balewadi Stadium, 2 KM from Mumbai By-pass (Wakad Flyover)
6KM from Aundh And just a walking distance from Wakad to Ambiance Road.
12KM from Shivajinagar & 10 KM from University Junction

Surrounding ***
Surrounding with other apartments schemes by Sonigara Homes & Windwere, Near to upcoming Ambiance Hotel & Mall & Parkstreet Multiplex

Facillities **
DAV Public School Aundh (7 KM), Aditya Birla Hospital (4KM)

Nearby projects ***
Pratam Group’s Park Street, Sonigara Homes, Javadekar’s Palash

About Developer ***
Sukhwani & Chawala both are established developers in the Pimpri Chinchwad area

About credentials ***
Architects – Ar. Vikas Achalkar & Ar. Manoj Tatooskar
RCC Consultant – G. A. Bhilare
Plumbing Consultant – Rahul Deshpande
Legal Consultant – Adv. Sudhakar Kale
Electrical Consultant – Shailendra Zopate
Landscape Designer – Mahesh Chinchalkar
Interior Embellishment – Himanshu Palan
Brand & Media – MAK Media & Creations Pvt. Ltd.

Vaastu Shastra ***
Most of the flats are designed, as per vaastu, individual guidance is required.

Your comments on Dynasty Wakad are welcome here...

Project Launch - Felicita Baner

2008-03-10T07:48:00.000-07:00

Felicita Baner Launched at Baner - Pashan Link road, Baner … by Ravi

On the "Womens day" 8th March 2008, half a page advertise in Sakal and Times of India has taken attention of my eyes. A project Felicita at Baner for 2 BHK, 2BHK with study and 3 BHK apartment scheme is launched by Shree Venkatesh Group with Abhiraj Developers.
The location of the scheme was the first attraction to me to visit the project site and I decided to visit the project on Sunday 9th March. I started from University circle to Baner road and saw eye-catching hoarding on almost every electric pole across the entire road. A big size entrance gate of banner along with a big picture of the proposed Felicita scheme really shows that it is a grand launching event.

About 20+ classic cars were parked near the entrance. 3 tents of home loan offers by all measure financial institutions were at the front, outside of the sales office. Sales officers were busy in explaining all of the details of project, layout, floor plans and commercial offer to the prospective buyers.

I started to talk with Mr. Abhi Kedari, who was looking after sales, and he asked me to have a look on a show flat i.e. a 2 BHK with a study room in the B tower. The entrance access to lift from the parking with electronic access control security was opened and we came in front of the entrance of the show flat. We entered in the entrance lobby of the flat, left side a small 10x10-study room and right side with a decent hall with a terrace. Note: This terrace is having an extra MS gate with regular sliding door. A flat TV and compact sofas can really make any hall size larger than it is. Passing through a medium sized kitchen with attached dry terrace and dining area, Mr. Kedari told me that they are providing a semi furnished kitchen i.e. with Trolleys below the counter, a burner and a chimney. Next were a bedroom with a separate toilet and a master bedroom with attached toilet and a small terrace. A false ceiling will be provided in the bathrooms. I found the planning is decent and is useful within a saleable area of 1287 Sft.

We came out from the flat. I said hello to Mr. Girish Bapat (MLA) who was on his curtsey visit to the project launch. Mr. Keadri offered me a dessert "Cream with strawberry". We were standing in the parking area, it was covered by a pendal with buffet stalls of snacks and a big picture showing the model of the project and credentials of the developer and associates. The architecture layout is made in such a way that most of the flats are having 3 sides open. The 3BHK is attached with a servant room with separate entry from lobby and having a common servant toilet in straircase. I like the idea of the placement.

The exterior look of the building is shown with some different vibrant colors. A semi circular shaft covers the ducts and a circular water tank (?) is placed on the lift top with a horizontal fences of a circular rings and a central vertical antenna over the head seem like watch towers of a palatial look like building. The same builder in Wakad has already launched a project having similar exterior looks i.e. "Regalia" in Wakad.

When I enquired for the price, Mr. Kedari tell me that it is Rs. 4250 for first to fourth floor and rise of Rs. 50 per sft for every higher floor up to 9th floor. When I enquired for the pricing in Wakad, he said that it would be about 2700 to 2800. Then why so much price on Pashan – Baner link road? He answered that the cost of land in this area is higher (It is equal to the price of constructed flat in Wakad & All of the Pimple…) I need not to have any further explanation from him, as I know the trend in the market. The price is reasonable considering the location. But floor wise rise is a new concept for Pune people, though it is a well-accepted in Mumbai. I can talk this to the developer, let me know if some one is really interested. You can email to me at eyeproperties@gmail.com

The project has all the basic amenities like clubhouse, swimming pool and children’s play area, piped gas etc. All of the towers A, B, C, D, E, F with 100+ flats are surrounded to the common amenities in about 3 Acre plot.

What is great with the scheme that makes someone to take a decision of buying a flat here? I found the first answer in mind is "The Location".

Connectivity *****
6KM from Shivajinagar and 6KM from Hinjewadi.
4 KM from University Junction and 4 Km from Balewadi Stadium.
2KM from Aundh And just a walking distance from Hotel Mahabaleshwar of Baner road.
Surrounding *****
Scenic surrounding of Pashan - Baner hills (soon will be covered by Bio Diversity Park), Near to Ramnadi (considering beautification project of the river will start soon). Abeey’s Palace – Mr. Bhosale’s Palacial Bunglow
Facillities ****
DAV Public School Aundh (2 KM), Orchids School (2 KM), Loyola School (3KM), Ratna Hospital (5KM) Café Coffee Day (1KM), Food Bazzar (Walking distance), Pancard Club (1KM)
Nearby projects *****
Paranjape’s Rolling Hills, Vascon’s Paradise, Rachana’s Gold coast
About Developer ***
The Shree Venkatesh builder have already completed projects in Revenue colony, Shivajinagar, Hadapsar. He has currently ongoing project "Regalia" in Wakad and having more project launches in hadapasar.
About credentials ***
Pendse & Associates, Mumbai (Principal Design Consultant)
Suhas Joshi (Structural Consultant)
Adv. Kiran Kothadia (Legal)
Vaastu Shastra ****
The plot is having East side Road & River. North-East side entrance. South-West side Buildings.

Your comments on Felicita at Baner Pashan Link Road are welcome here.

eyeproperties PUNE

2008-02-15T22:30:00.001-08:00

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