गुरुवार, 8 जनवरी 2015

Ravi Karandeekar's Pune Real Estate Market News


Ravi Karandeekar's Pune Real Estate Market News


Posted: 07 Jan 2015 11:58 PM PST

From 1st January to 31st December 2014 - According to Google Analytics:


2014 The Year of Fear, Desperation, Intimidation, Victimisation, Frustration:


2014 was the year of bitter fighting between the builders & property buyers in Pune.

2014 began with the fight between the residents of Ivy Estate Wagholi and Kolte-Patil Developers over delayed possession of flats, completion & occupancy certificate & drinking water.

Residents of Countrywoods Kondhwa fought a case in consumer court & won compensation for delayed possession from - Ackruti Jay Developers (Akruti - Ackruti - Hubtown)

Instead of motivating to book the flats - big developments like DSK Dream City - Pride World City- as well as small size projects like Darode-Jog Properties Padmanabh at Moshi & Mantra Majestique Palm Atlantis Wagholi - intimidated Pune property buyers with excessive advertising & hard selling.

Xrbia failed to convince the real estate investors that fear of property price rise & desperation to own a home will give assured property appreciation.

Poor construction quality & deficiency in service were the main reasons behind widespread frustration among Pune property buyers. Megapolis Hinjewadi Phase 3 & Costa Blanca Baner were two sample cases.

Thanks to residents of Vista Luxuria! Your struggle against Parmar Indus Associates was instrumental in disclosing criminal conspiracy of Pune builders, bureaucrats, banks & politicians.

Because of you, thousands of property buyers in Pune realized that their builders have cheated them. The projects in which they have booked flats are illegal & unauthorized constructions. They have become victims of more than 150 Pune builders who have committed the crime of violation of environmental clearance.

However, Pune Ville & Siyona at Punawale were the exception. Both projects were launched & started construction only after obtaining environmental clearance.

Besides irrational property prices, delayed possessions, poor construction quality, lack of basic services like water, power, sewage - drainage & waste - garbage management systems, roads & public transport and illegal construction - no completion & occupancy certificate is the big problem in Pune real estate market.

At the end of 2014, for the first time in Pune, residents of Sphurti Aangan at Narhe Ambegaon went on hunger strike for completion & occupancy certificate and structural stability certificate and succeed in their mission.

La Cabana at Sus, Gloria at Chande Nande & 1 BHK Duplex in Prithvi Presidio opposite Magarpatta Hadapsar represented change & creativity in 2014.

Result is, today in Pune real estate market - sentiments are low, confidence level is zero & satisfaction index has crashed.

Happy 2015!


01) DSK Dream City Pune Launched!

02) XRBIA Hinjewadi - The Sucker's Deal for the Stupid People with Some Disposable Income

03) 1 BHK Flat v/s Bungalow Plot - Which is a better investment option for a young first time investor?

04) Would you like to have sex with me?

05) DSK Dream City Mega Launch Event Starts Today!

06) Who owns Nanded City Pune?

07) DSK Dream City Pune Receives Huge Response - Photo Story

08) 32 Flat Buyers & Hubtown Countrywoods - David & Goliath

09) Pune Home Buyer, Hurry Up! Make a Fool of Yourself!!

10) Miserable Life in Megapolis

11) DSK Dream City Mega Launch Event Starts Today!

12) Row Houses & Twin Bungalows in Leela Greens at Talegaon Pune 410 506

13) Pethkar Projects to Open Booking of Siyona at Punawale - Today!

14) Ranjeet Developers open bookings of Teak County, 120 Acres project of Villas, Bungalows, Twin Bungalows & Row Houses, at Khed Shivapur, on Pune Bangalore Expressway

15) Bye Bye, Wakad....Hello, Nande Chande!

16) XRBIA Pune - A Few Questions & Observations

17) List of Pune Builders Who Have Committed a Crime of Violation of Environmental Clearance Announced

18) Pride World City Pune Launched!

19) What is so good about La Cabana at Sus Gaon?

20) Invest in Glamorous 1 BHK Duplex in Geekdom

21) Get Compensation for Delayed Possession of Flat in Ivy Estate Wagholi

22) Ready & Early Possession 2 BHK Flats at Baner, Pune

23) Darode-Jog Properties' "Padmanabh" - 1st Phase Booked! 2nd Phase Open!!

24) Adult Babies Are Rushing to Book Flats at Palm Atlantis, Wagholi!

25) Pune Ville Punawale - Make Love Everyday!

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