There is nothing like property buyers coming together, forming a group and developing their own housing scheme. Though it is tough, as tough as Everest expedition, the rewards are beyond imagination. Right?
Last weekend, while making the pre-launch presentation on A 2 BHK Flat for 20 Lakhs at Kondhawe Dhawade Pune 411023 to Vastushodh's Google Group, Sachin Kulkarni said that the group housing not only makes home ownership affordable and possible for the property buyers but could become a financially viable business model for a builder like him who believes in social responsibility. Sachin said that he considers himself as a Sherpa who has taken an initiative in organizing and leading an expedition of the property buyers who have a budget of 20 lakhs and want to own a 2 BHK Flat near Kothrud.
From that point, i was curious to visit IT Professional Welfare Association at Pune (ITPWAP) Group Housing Project Aarohi at Sus and my ex-client Mr. Vijay Raundal of Teerth Realties who is playing a role of Sherpa in this housing expedition! I couldn't meet Mr. Raundal but Prasant Gaikwad, Vice President, Marketing took me to Aarohi at Sus and told me about their upcoming township, Teerth Towers at Baner Sus.
People's Pune Vs PMC and PCMC:
On my way to Sus in Prasant's car, i realized that now, I can see Aarohi from Pashankar Garage! Otherwise, last time, i was wondering why am I on this road? Where am i going?
Of course, besides the visible cluster of buildings of Aarohi, since i have stopped selling and started blogging, my views about Pune real estate market have changed a lot too. For example, in one of my first blogs, on the eve of launch of Blue Ridge Hinjewadi, i thought that Paranjape Schemes was developing this township for the Aliens and i wondered - "Why didn't Paranjape Schemes name it "ETshri", like "Athashri" - their project for the senior citizens?"
Now, i have realized that you have to go and live in a fringe village, like Sus and Bhugaon, or pay high sentimental price for the properties in the popular locations, like Wakad and Balewadi Baner, in Pune Municipal Corporation and Pimpri Chinchwad Municipal Corporation limits.
Developments happened in the last couple of years, Globalization, World Financial Crises, Jawaharlal Nehru National Urban Renewal Mission, and German Bakery Bomb Blast, had told me that business and powers all over the world have made connections with each others but the citizens of Pune are left alone, on their own, to survive and die.
My local government, Pune Municipal Corporation, is not for me. But for those who control the power and prosper from it. Now, for me, not the PMC's Jakat Naka, but people define Pune. Our Pune, citizens' Pune is a different Pune, than the Pune of PMC & PCMC, Maharashtra Government's local units.
So, i have started believing in the integrated townships - like Megapolis at Hinjewadi - which is a business development of the real estate developer. Or the small builder's effort - like, Vastushodh's Project at Kondhawe Dhawade Pune 411023. And, of course, the private citizens initiative - like, one and only initiative in Pune, IT Professional Welfare Association at Pune - ITPWAP's - Aarohi at Sus.
Available! A Few 2 BHK & 3 BHK Flats in Aarohi at Sus!!
View Teerth Realties' Aarohi at Sus - Group Housing Project of IT Professionals Welfare Association Pune (ITPWAP) in a larger map
This time, Aarohi at Sus looked very different. Particularly, the open space was looking too big. More than you expect in a township of 22 Row Houses + 16 Twin Bungalows + 3 buildings of 187 units of 2 BHK & 3 BHK Flats.
In this open space, club house and all sports amenities - including Tennis Court and Squash Court - are planned. Looking at the on going construction of these amenities, i asked Prasant, "I hope you haven't forgotten to construct any building!"
Prasant said, "No. We have planned everything as per ITWAP Group's expectations and have constructed more than their requirement! So, in these 3 buildings, we call them C, D, & E Buildings, on 8th, 9th and 10th floors, we have some 35 -36 Flats - 2 BHK & 3 BHK - available for booking!"
"Any Row House or a Twin Bungalow?," I asked.
"No. Not a single one!," said Prasant.
"How sad!," i said.
"But, we have a couple of Penthouses available in all three buildings! From the top terraces of these Penthouses, you can, not only look at, but even look down, at Blue Ridge Hinjewadi!," Prasant said.
"For that how much property rate one has to pay?," I asked.
"Rs. 2,800 per sq.ft. for the Penthouses and Rs. 2,600 per sq.ft. for the flats!," Prasant said. Besides these 3 buildings, C,D,& E, Aarohi will have 2 more buildings - F & G. These buildings will have all 2 BHK Flats of approximate 1,000 sq.ft. saleable area.
Teerth Realties is planning to open bookings of these 2 buildings, sometimes in the next few weeks. "I am sure, you will offer the pre-launch property rates to the subscribers of Ravi Karandeekar's Pune Real Estate Market News Blog!," I said. "Ravi, now, after the experience of ITWAP, I love to do everything in a group!," Prasant said. "Means, you haven't said No!," i said and started taking photographs of Aarohi. I hope, these photos will give you some idea about what ITWAP Group has achieved and may inspire you to join them. Have a look:
For the Pre-Launch Offer and Group Bookings Contact:
Vice President Marketing
Office No. 102, 1st Floor
Sai Empire, Near ICICI Bank ,
Baner Road, Baner, Pune - 411045.
Ph: (020) 27207200, Fax: (020) 27207199
Mob: +91 90499 87234
1) FRIDAY, JULY 16, 2010
Mont Vert Belair Bhugaon Pune 411 042: If you are looking for a 2 BHK / 3 BHK Flat closer to Kothrud - Paud Road but at nearly half the property price!
Mont Vert Belair Bhugaon Pune 411 042 - An affordable alternative to Paud Road, Kothrud, Karve Nagar, Warje, Bavdhan:
2) FRIDAY, JULY 9, 2010
"My budget is 20 lakhs and I want to own a 2 BHK Flat in Pune!"
3) THURSDAY, JULY 1, 2010
June 2010 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog
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Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog - January 1, to June 30, 2010
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