Friday, April 22, 2011

Visit to Nanded City Pune on 18th April 2011

Is it worth investing in Nanded City Pune?


Last Sunday morning, someone called me on my mobile 919860044110 to ask - "Is it worthwhile to invest in Nanded City Pune?"

"Yes! It's worth it to invest in Nanded City Pune - if you sincerely believe that you deserve to live a good life!!," i said.

"I was not asking about good life! Tell me how much appreciation i can expect!! My concern is - Though they have increased the rates recently - Why are the property rates in Nanded City Pune lower than other projects in Pune?," the caller asked.

"Because Nanded City Pune is planned for those who expect good life!," I said.

"Then why haven't you recently written much about Nanded City Pune?," the caller shot back.

"Sorry! My mistake!! I will correct it," i said and immediately called the concerned authority for the permission to visit and shoot the progress of Nanded City Pune (www.nandedcitypune.com).

Nanded City Pune Location Map(Click the Map to Enlarge)



Nanded City Pune -  Residential District Phase I - 6 neighborhoods - Mangal Bhairav, Sarang, Madhuvanti, Lalit, Asawari, and Shubh Kalyan (Click the Plan to Enlarge)

Next day, Monday morning, on 18th April 2011, i visited Nanded City Pune. I visited each and every "neighborhood" - Mangal Bhairav, Sarang, Madhuvanti, Lalit, Asawari, and Shubh Kalyan - in the first phase of Residential District of Nanded City Pune. Construction of all these "neighborhoods" is going on in full swing.

"Ravi, now, I hope, you are convinced that construction is going on well!," pointing at the residential tower, my guide asked.

"Sir, i am not here to inspect! I am here to experience. Experience the quality of life one can enjoy in Nanded City Pune. My visit is not to check how much construction you have done. My visit is to visualize how happily one can live in Nanded City Pune!," i said and went on shooting photographs.

Though my guide didn't say anything, i could feel that he didn't believe that i was not 'inspecting'! So, to impress me, he started talking about the "cool south west wind", 30 % greenery and amenities like horse track, river side resort, adventure park in Nanded City Pune!

Oh! God!! How can i tell him that i was not considering those "great" things at all! I was only visualizing a life in a flat in this under construction building in Nanded City Pune which will have all simple - basic - essential - things - like a proper approach road to my apartment building, water in my toilet, power supply for the lift, safety and security of my parents, and a pavement safe for a walk with my kid!

How can i tell him that in most of the projects in the fringe villages like Ambegaon - Narhe - Wagholi and in the recently merged villages like Baner - Balewadi - Tathawade in Pune and PCMC, i visit - every day, these are not available at all. And nobody knows when they will be!

How can i tell him that how sad it is to see the people paying exorbitant prices for these properties which don't even have an approach road and water & drainage lines!

How can i tell him that for me "good life" means not a boat club but enough water to wash my butt. For me 'good life' means not a swimming pool but a sewage treatment plant. For me 'good life' means not a 'zen garden' but a garbage free neighborhood without a slum. Which i could see realizing here in Nanded City Pune!

You can have a look at my photographs - but to get the feel of a good life you can enjoy in Nanded City Pune - you have to visit - as soon as you can!

Nanded City Pune Photo-walk:


Marketing Office - Visit to Nanded City Pune on Sinhagad Road
Marketing Office - Visit to Nanded City Pune on Sinhagad Road

Nursery - Visit to Nanded City Pune on Sinhagad Road
Nursery - Visit to Nanded City Pune on Sinhagad Road

Mangal Bhairav - 1 BHK Flats - Visit to Nanded City Pune on Sinhagad Road
Mangal Bhairav - 1 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

6 Lane, 48 meter wide, approx 5.5 kms long, Main Road - Visit to Nanded City Pune on Sinhagad Road
6 Lane, 48 meter wide, approx 5.5 kms long, Main Road - Visit to Nanded City Pune on Sinhagad Road

Wide pedestrian way, fencing and plantation mounds on the bothsides of the main road - - Visit to Nanded City Pune on Sinhagad Road
Wide pedestrian way, fencing and plantation mounds on the both-sides of the main road - Visit to Nanded City Pune on Sinhagad Road

Fensing and plantation mounds for privacy, polution and protection - Visit to Nanded City Pune on Sinhagad Road
Fences and plantation mounds for privacy, pollution and protection - Visit to Nanded City Pune on Sinhagad Road

Mango Groves! - Visit to Nanded City Pune on Sinhagad Road
Mango Groves! - Visit to Nanded City Pune on Sinhagad Road

Wide Walkways & Avenue View - Visit to Nanded City Pune on Sinhagad Road

Proposed Secondary School - - Visit to Nanded City Pune on Sinhagad Road
Proposed Secondary School - - Visit to Nanded City Pune on Sinhagad Road

View of the Main Road - Nanded City Pune

Lalit - 2.5 BHK Flats - Visit to Nanded City Pune on Sinhagad Road
Lalit - 2.5 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

Lalit - 2.5 BHK Flats - Visit to Nanded City Pune on Sinhagad Road
Lalit - 2.5 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

Proposed Primary School -  Visit to Nanded City Pune on Sinhagad Road

Asawari - 2 BHK Flats - Visit to Nanded City Pune on Sinhagad Road
Asawari - 3 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

Proposed Shopping Complex - Visit to Nanded City Pune on Sinhagad Road
Proposed Shopping Complex - Visit to Nanded City Pune on Sinhagad Road

Preserving excavated soil for reuse  - Visit to Nanded City Pune on Sinhagad Road
Preserving excavated soil for reuse / refilling  - Visit to Nanded City Pune on Sinhagad Road

STP Plant - - Visit to Nanded City Pune on Sinhagad Road
STP Plant - Visit to Nanded City Pune on Sinhagad Road

Madhuvanti - Visit to Nanded City Pune on Sinhagad Road
Madhuvanti - 2 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

Sarang - 2 BHK Flats - Visit to Nanded City Pune on Sinhagad Road

- Visit to Nanded City Pune on Sinhagad Road
Botanical garden - Visit to Nanded City Pune on Sinhagad Road

Shubh Kalyan - 3 BHK Flats - Visit to Nanded City Pune on Sinhagad Road
Visit to Nanded City Pune on Sinhagad Road

Related Stories:


1) FRIDAY, MARCH 11, 2011

Shivane Kharadi - 100 feet wide - 23 kilometer long - 966 Crore Road - for whom?

2) SATURDAY, MARCH 12, 2011

Sample Flat of Sarang in Nanded City Pune Revisited!

3) SUNDAY, APRIL 3, 2011

1st Quarter of 2011 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

4) SATURDAY, APRIL 2, 2011

March 2011 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

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95 comments:

  1. We were waiting for this for a long time. Why don't you give regular updates/progresses about such Mega-projects?(As we're regular visitors of your blog so plz keep us updated). I have recently booked a flat in NC. But,I never visited to the NC's site to see the progress as I didn't get the chance. So thank you for these snaps!
    And 1 more thing, Could you plz post some all sample flats pics. as well?

    ReplyDelete
  2. Ravi,Thanks for contributing 10% to my decision.Thanks you for blogging exactly same thoughts which I had in my mind... I read your blog today morning and booked the flat in Asavari in evening,though it took me 2 months of pondering about my decision.
    'Live a good life'..how true the statement..I just wish whoever goes ahead and be my neighbour would have same thing top of mind and not what price would be the flat worth after 5 years..!!
    - Kapil

    ReplyDelete
  3. Looking at the photograph for building under construction, I could see that there is no BRICK work for walls? Is that true, Ravi?

    ReplyDelete
  4. Hi Ravi, do you have any info on phase 2 at Nanded City ?

    ReplyDelete
  5. The only concern i have is the distance it has from the city. It is not closure to any IT parks and I am sure it will take more than 10 years for running nanded city in full fledged. Magarpatta city have two cybercity towers still developing.

    ReplyDelete
  6. Dear Ritesh, distance and time is all about perception! I stay on Paud Road. Not on Sinhagad road. Still, for me, Nanded City Pune is in the Pune city.

    When Magarpatta was launched in 1999, there was no IT in Pune! Now, Nanded City Pune has focused on specific niche in IT at the planning stage itself.

    Same about SEZ and Special Township Act in Maharashtra. Magarpatta has played important role in the development of these policies.

    These policies and new businesses like - entertainment, education and retail will make Nanded City Pune more productive (in generating employment) and would be more sustainable residential development than Magarpatta.

    ReplyDelete
  7. Thanks Ravi , your blog on NC goes a long way in reinforcing my decision to book a flat there.

    I have one query for you , Did the NC people give you any hint about the rollout of Commercial District ? Since I am booking a flat for investment purpose , I am rather interested in knowing how quickly my investments would start aying back.

    I believe , once the commercial district starts functioning , the flats could go on rent easily.

    ReplyDelete
  8. HI Ravi,
    Can you give some details about booking status ar NC. How many % of flats are booked among open buldings.

    ReplyDelete
  9. Hi Ravi for the informative post.

    I heard that the flats in NC are on lease and not conveyance is done.

    could you please confirm?

    ReplyDelete
  10. Hi Ravi,
    I heard that NC will open commercial phase after Diwali this year...
    Do u have any update

    ReplyDelete
  11. Hi Ravi,

    What is with lease Vs conveyance thing?
    I'm looking to buy a flat in NC. I heard that the flats in NC are on lease.

    This is the only thing that is bothering me.

    Waiting for your reply.

    ReplyDelete
  12. No. Flats in Nanded City Pune are not on lease. But "lease" is no problem. For example, flats in Amanora are on lease.

    ReplyDelete
  13. Hello Ravi,
    I called up Nanded City yesterday regarding Shubh Kalyan. They mentioned the project hasn't started yet and will only start after a month(possession after 3 years fron now). How come you have put a photo of subh kalyan as under construction building?

    ReplyDelete
  14. Must be some other building! Thanks for correcting me, Vikram!

    ReplyDelete
  15. Thanks RAVI...Thanks for your update on the project...i have already boked a flat in asawari in december 2010 but rarely visited to project....thanks for posting snaps so i got little idea abt the project

    members can visit on facebook page for discussion abt NC

    http://www.facebook.com/#!/pages/Asawari-Nanded-City/133187506718645?sk=app_2373072738

    ReplyDelete
  16. Thanks for creating & sharing Facebook Page of Asawari, Santosh!

    ReplyDelete
  17. dear Ravi,
    this naneded city visit has attracted maximum comments and hits as compared to your all other bloggin enteries, does it not make sense to visit nanded city site every month and post updates and for your information, subav kalyan is under construction and not 3 years away( i checked today).
    please revisit and post updates
    your fan

    ReplyDelete
  18. I have booked a 3 BHK in Asawari.
    Earlier The possession date was Nov 2011.

    Yesterday I called Nanded City Office, and they are saying it could get delayed till Dec 2012.

    The reason being the drainage and other infrastructure not ready.

    ReplyDelete
  19. Hello, Nanded City is close to Khadakwasla Dam. Mula Mutha river also flows nearby. Is it not NC is at risk of floods when water from Dam is released?

    ReplyDelete
  20. Asawari has 22 floors.

    will only ground floor parking (with some space around the buildings) be sufficient for so many floors

    these days even 11 floor buildings have 2 floors for parking.

    any thoughts Ravi.

    ReplyDelete
  21. Hello Ravi .. any idea about locking period ? i called today nanded city and they said possession of lait is in Nov-13 ( initially it was 11 ) and after possesion we can not sell the flat for 3 yers ......its really sucks ...


    Hello All,

    Do you have any idea about this ? because last year i called them and thay said the initial condition was there but lots of bookings got cancelled because of this condition so no more such condition but again now again good bokings for nanded city and now again they are saying there is locking period for 3 yrs ...

    ReplyDelete
  22. Isn't lock-in period good, Shital? It discourages the so called 'investors'!

    ReplyDelete
  23. Hello Sushant! Sorry. I didn't get you. Is there any issue about parking?

    ReplyDelete
  24. Dear Mr.Ravi,

    We were told that the possession of Shubh Kalyan C Bldg flats will be given in Mid-2013.Looking at the pace of construction it will stretch ...but how much?
    Thanks,
    Utkarsh

    ReplyDelete
  25. Hi Ravi ..thx for quick reply ..we all appriciate your efforts..

    Yes lock-in is good in case possession is happing on time now nanded city situation is 3 yrs for posession + 3 yrs delay + 3 yrs locking period ..total is 9 yrs ..life is not that too long may be any problem with job, life also if u want to upgrade your house then we have to wait that long ..

    But can they legally bind this condition on customer ..?

    ReplyDelete
  26. Hello 7e8c67ec-c099-11e0-abfc-000f20980440!

    "But can they legally bind this condition on customer ..?"

    Good point! Consult a lawyer!!

    ReplyDelete
  27. Hello Ravi,
    I need to understand your views on parking requirements. All buildings in Nanded city having only basement parking . These are either 11 or 22 floores buildings. Many peoples not get parking slots due to non avialabilty . But when I ask NC guyes they told there is common space near building for parking . During your visit did you notice that?
    Is this sufficient space for parking for all?

    ReplyDelete
  28. Hello All,

    I have booked in Mangal Bhairav Type B and given possession date is May12. I heard that they are giving possession of 1BHK in coming Dec/Jan month.
    Is it possible for them to achieve this deadline?

    Anyone booked in 1BHK? What are they saying now possession date?

    ReplyDelete
  29. ravi, it has been 4 months you last visited Nanded City. More visits please

    ReplyDelete
  30. Hi Ravi,

    I am looking for a shop in Nanded city. I called them but they told me that they have not yet started on commercial project. Ant idea when they will start, it almost 6 months I called them.

    I am looking for investing in shop at sonhagad road aria. Could you please guide.

    Thanks,

    Ranjit Dounde

    ReplyDelete
  31. I have booked a 3BHK flat in Asawari in May 2010.

    That time the possession date promised was Nov 2011.

    Now they are saying April 2013.

    No satisfactory reasons given. anybody facing the same issue.

    ReplyDelete
  32. I booked 1 BHK on Jan 2011 that time foundation of my building in progress. last week I paid for 5 slab complition . As per my agreement possession date is Aug 2012 . I think my building work going as per schedule. Let see when I will get actual possession.

    ReplyDelete
  33. I also get same reply from NC team.
    They called me for payment of 22nd slab, and when I asked them about possession; he told me it will take 18 months more.

    ReplyDelete
  34. I found some photo update in nanded city website

    http://www.nandedcitypune.com/gallery/index.php

    ReplyDelete
  35. Photos available on NCP's website are old ones. We are awaiting Mr.Ravi's visit to the site for new photographs which he has promised above " will be soon"?

    ReplyDelete
  36. The construction of The shopping Complex is in progress when I visited NC last Friday.

    Also in Nanaded village the road to Shivane is in progress. looks like it will be a four lane road and bridge also will be constructed at the current causeway.

    ReplyDelete
  37. Hi Ravi,
    I am planning to book a flat in NC...Only concern i can see is that what will happen to NC if suddenly heavy chunk of water is released from dam in rainy season or if there's is any threat of floods...
    Kindly share your thoughts...

    ReplyDelete
  38. Hi Khem,

    You can visit Nanded Village which is on the the banks of river next to Nanded City.

    villagers should give you the best advise on the flood line. Any history of floods in last few years etc

    Hope this helps.

    ReplyDelete
  39. Hi Sushant,

    In which building of mangal bhairav u have booked?
    I have booked in B4-B5-B6 building . Mine possession date is May 12.

    Hw come they delay possession by more than a year? 5-6 months tolerance is acceptable.

    @ Ravi

    Could u plz post some snaps of Mangal Bhairav B4,B5,B6 building?

    ReplyDelete
  40. has anybody visited Nanded City recently. any updates on infrastructure like the roads and other facilities.

    what is the progress of the main roads work

    ReplyDelete
  41. Yes, I had visit on 24th Sept. The main road work is in progress. Now they have started street light work on the completed road part.
    Water filtration plant and electricity work is also on the way.

    ReplyDelete
  42. thanks for the updates Ravindra.

    What is the progress on Dhayari Phata flyover.

    ReplyDelete
  43. Ravi, it has been 6 months you last visited Nanded City. More visits and updated photo on Sarang please

    ReplyDelete
  44. Ravi, we are waiting for your next visit to Nanded City.

    Please talk to the people at Nanded City about the possession Delay issues.

    I have booked a flat in Asawari which was scheduled for a possession on Nove 2011 but has got delayed till April 2013.

    ReplyDelete
  45. Can anyone pls update on possession date of 1 BHKs Mangal Bhairav?

    ReplyDelete
  46. Hi Ravi,
    Is it worth to book a flat @Lalit D building where the possession date is almost 3.5 years (delays extra if any).
    Current cost 50 lacks.

    please reply

    ReplyDelete
  47. I booked 1 BHK flat in Mangal Bhairav in April 2010 and they had given me in written that the possesion will get in July 2011.

    Now its November 2011 (5 months delay to agreed possesion date) and Nanded City still not commiting any date ...this is Ridiculous and cheating !!!

    I request all of you to join me and fight for compensation.

    My email ID is aluresp@rediffmail.com

    Law is still available in India and we belive in it - we dont care how lord the builder is.
    Also planning to raise voice in News-papers and news channels against this.

    Thanks
    Raj

    ReplyDelete
  48. Mr. Ravi ..I want to know whether Nanaded city is allowed to do construction for 22 storey building..Didn't see a lot of so high building in Pune..

    ReplyDelete
  49. Now its high time. NC people should commit on possession date for 1bhks. We book 1bhk as it is our basic need not as investment. We are living in rented flats, cant afford rent and EMIs at the same time. Delay in possession is not acceptable.

    ReplyDelete
  50. For Asawari possession will start from April 13 as per NC sales team. Not sure if this true or not but site progress is on full swing. Let us see how it goes now....

    Can we all write email to NC sale team and requst them to provide the latest update on possession...

    ReplyDelete
  51. Regarding possession NC team is not ready to talk face to face. Forget about email. Well the construction is on full swing. I heard that possession of 1 bhks is earlier than 2/3 bhks.

    ReplyDelete
  52. Rate of 1 bhks increased from 3250/- to 3500/- :(

    ReplyDelete
  53. Year 2012 is about to begin. Guys any news on possession?

    ReplyDelete
  54. Hello,
    My buliding is MB A9 completed till 11 th slab but still NC people not allowing me to see building from inside, When I called and asked they told me for one person they can not change policy. I can see building from inside only 1 month before possesion which is wrong policy. I request those who booked flat insist NC guys about to see building from inside..

    ReplyDelete
  55. your take on vastu compliance @ nanded city?

    ReplyDelete
  56. I wish you a happy new year to all Nanded citizens and hope to see you all in Nanded City before this year end.

    ReplyDelete
  57. Year end is too long.......i wish for possession around mid year :)

    ReplyDelete
  58. Yesterday I visited to NC site & got news, by this Month end they are giving possession for the Lalit & Mangal Bhairav 11 stories buildings.
    For Asawari they are thinking to give possession by end of year.

    ReplyDelete
  59. Thanks Deepak for the updates
    For which towers of Lalit and Mangal Bhairav they are going to give possession by the end of Jan12.

    ReplyDelete
  60. Nanded city website has got photos for construction update..I was told last week that NC has stopped bookings for any new bookings and will be taking bookings only after 1st slab for any new building launched...till then they are working on completion of existing ones..Hope it holds true..

    ReplyDelete
  61. Very frustating thing is that today I received call from Nanded City Builder for asking to pay 1% VAT tax amount (around 17K for 1BHK flat) !! I completed my registration in May 2010 and from then we are paying Service Tax @ 12 % rate ...I dont know what this VAT is now !! They are sucking to common people like us.

    I request all Nanded City members to fight againt this injustice ..
    I request all of you to join us on facebook account named "Nanded City , Pune" group so that can take further move with everyones consultation..We may need to go to court and fight for injustice !!!

    ReplyDelete
  62. @SRaj

    In Which building of Mangal Bhairav u booked? It seems that u have booked in March/April 2010. What r they saying on possession as its almost 2yrs passed since u booked.

    ReplyDelete
  63. Have a look at http://www.facebook.com/#!/pages/Asawari-Nanded-City/133187506718645?sk=photos for three new Asawari G photos dated 14-Jan-12

    ReplyDelete
  64. Thanks Sachin for update, Can any body post some snaps of Shubh Kalyan A if at all possible? Thanks

    ReplyDelete
  65. Thanks Sachin for the photos.
    Do you think the lobby is too narrow.

    ReplyDelete
  66. Hello Sachin,
    How you took these photographs? Did Nanded city allowing now flat owners to visit actual flat?

    ReplyDelete
  67. Sushant,

    These photos I got from NC sales man however I visited with bank rep. to check the progress before installment paid...

    Cheers

    ReplyDelete
  68. Now days NC sales team is sending latest site photographs to customers. I am too getting the updates via emails.

    ReplyDelete
  69. Mangal Bhairav A1-A6 and B1-B3 getting possession in next month. I had a visit to the site last week. Its really feel good to see the colorful buildings near completion, entrance gate, bus stop near Lalit, well planned trees, internal road from main gate to society gate.

    ReplyDelete
  70. Hi Ravins - Could you please share some pics
    Thank you.

    ReplyDelete
  71. Please find the pics on FB at below URL

    http://www.facebook.com/pages/Nanded-City-Pune-Pics/110025079126616

    http://www.facebook.com/pages/Nanded-City-Pune-Pics/110025079126616?sk=photos

    or simply search for the page 'Nanded-City-Pune-Pics' on FB

    Thanks

    ReplyDelete
    Replies
    1. Hello Guys,

      I am trying to book 1 BHK flat in Pune. I have heard lots about Nanded city. So thinking about Nanded city, since I have gone through all the comments about Nanded city, some are positive and some are negative (mainly related to possession). Can you guys tell me Nanded city is good option to book flat? Is there availability for1 BHK flat? If yes then kindly give me idea about it.

      @Ravi,
      Really, you are doing very great job to help out new buyer to buy the property. I have read many your articles recently about different projects and I found those are very helpful for decision. Please guide me to book flat at Nanded city (if available), that’d be very helpful to me to book the flat.

      Thanks

      Delete
  72. Hello Guys,

    I am trying to book 1 BHK flat in Pune. I have heard lots about Nanded city. So thinking about Nanded city, since I have gone through all the comments about Nanded city, some are positive and some are negative (mainly related to possession). Can you guys tell me Nanded city is good option to book flat? Is there availability for1 BHK flat? If yes then kindly give me idea about it.

    @Ravi,
    Really, you are doing very great job to help out new buyer to buy the property. I have read many your articles recently about different projects and I found those are very helpful for decision. Please guide me to book flat at Nanded city (if available), that’d be very helpful to me to book the flat.

    Thanks

    ReplyDelete
  73. Nanded City has given possession of Mangal Bhairav Type A building in this month. Mr. Sachin Singh is the first lucky citizen of Nanded City Pune.

    cheers

    ReplyDelete
  74. @Ravi: Can you please update us on current progress. How long it will take possession for Ashwari 2 BHK flat. Wll they stand what they have committed ?

    ReplyDelete
  75. It was March 2012 for possession according to my agreement and it is now almost 3 months past and no communication yet related to the new revised possession date. Height of unprofessional-ism with respect to the builder of this repute! Good management was the vital point I had considered during selecting this home and considering the life time maintenance pay as a lump sum and expecting the level of service after making home there looks like a RISK throughout!

    ReplyDelete
    Replies
    1. It is understood that they have given some possessions. It's better to discuss this issue with them and let us also know what they about your possession (which building?)

      Delete
  76. Hi Ravi;

    Any Update on the Possession dates of Asawari G Building...As per our Agreement date it was scheduled for December'11...Any suggestions please.

    Suhas

    ReplyDelete
  77. Its long time you wrote about Nanded City. Please give your critical views.

    ReplyDelete
  78. Hi folks. I booked Mangal Bhairav A type Building No 10 on Jan 2010. As per the agreement they mentioned possession will be in the month of November 2012. but at last i am getting my flat on April 2013. Tomorrow i am going to take possession from nanded City.

    Amenities point of view, what they mentioned they fulfilled like club house, lawns, children play area, semi covered parking lots. Apart School is going to functioning education year 2013-14 from 15th of June 2013. Public transportation is not yet established. Shopping area is under construction. VARAHABHATLA N S SARMA. mANGALBHAIRAV A-10.

    ReplyDelete
  79. Hi Ravi,

    I use to read your comments abt NC. As way back you have mentioned that NC will be for good life. But now what i am observing its not safe, construction is not upto the mark. parking will be a very big issue, almost all the open area has converted into parking. smaller play area, no proper security.

    is it possible for you to again have a visit and see the points which you have mentioned then and now.

    Thanks

    ReplyDelete
  80. What is opinion on investment in Nanded city as on today. Is it ok or to late to invest in Nanded city?

    ReplyDelete
  81. Nanded City has come up in village called as Nanded Gaon at Sinhagad road. Nanded City has taken up almost 90% of village area, which is about 600 acres +. It is currently located outside PMC limits, infact, octroi post is located besides the entrance gate of NC. These NC guys saved lot of money by avoiding octroi of its goods . However, things may change if this area comes in PMC as PMC is planning to merge villages upto Khadakvasla in it. The villagers though are opposing it.Apart from this, you will see many villagers houses bang in between the township as not all have shifted. So, one will be crossing these villagers houses every-time they go in & out of township. You will see buffaloes, goats, kids playing with tyre or gilli-danda here !! The villagers are using NC road to go on Sinhagad as it is wider & smoother than gram-panchayat road, the traffic of villagers on NC road is more than the residents. Apart from this, the commercial area i.e. offices, big shops etc. will be opened for booking not before next 2.5-3 years & will take another 3 years to complete. Hence, see no offices here atleast for next 6 years. What you will find in next couple of years is just small shops selling vegetables, & daily stuff like milk, biscuits, bread etc. As of now, people need to go to Dhayari phata which is atleast 3.5 kms. Actually it is 1.5-1.8 km from entrance gate but the projects are located 1.6-2 km inside from entrance gate !! Also, there is no rickshaw in 3.5 km radius. You need to walk 1.6+ km till main gate, take bus or 6 seater till Dhayari phata & from there you can get rickshaw, that too hard to find at night post 9 PM. The NC guys earlier said that it will be hub for animation & unconfirmed reports said that google was going to come, but all this never happened but just a hype. As of now there is nothing where you can work at, except milking cows & buffaloes.
    It's OK once inside your own project, but the township security is bad as most of the traffic & people are those who don't stay at NC & no compound is present at back side. Once on main road, Sinhagad road is horrible, surely not safe for women to travel alone after dark. There are some lodges near NC gate which offer rooms for as low as 200/hour & are usually used by college students. This is though an added amenity for 'Shaukin Buyers' .You will spot several road romeos & taporis from NC gate upto Vadgaon. The local Shiv Sena leader was killed by these taporis few months back on the bridge over canal near Darode-Jog cross over county, which is near NC.On scale of 10, I will give -10 to NC in terms of security. This is a boon area for bachelors though. C has most of the flats as investor flats & hence are vacant. If you are end user, expect most of the flats to be vacant. The area as of now has nothing, not even proper shops inside, so all the so called marketing USP, "Walk to Work, Walk to School" etc. won't work here. Public transport is non-existent even outside & the sole approach road is Sinhagad rd which is already way too congested. The neighborhood is also down-market with ample of scorpio chaps doing the rounds. Security is hopeless.The size of NC is almost double of Magarpatta, but has no commercial establishment in radius of 5+ kms. You feel like you are living in remote village in 22 floor building, thats all.All in all, I am negative on this entire area & as NC has no commercial value, buying it for investment is also bad as there are no 'target buyers'. NC is just built upon big hype & most buyers are investors.Insider sources informed that there target to complete entire township is 2030, with additional buffer period of 5 years .
    Will I buy for self use ? NO, let alone for investment.
    Members though are free to take their call !!

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