Monday, May 12, 2008

Should i cancel the booking in Wakad / Balewadi / Baner and book in Kumar Properties' Megapolis?

From Blue Ridge to Megapolis:

This is one of the many questions on my posts on Kumar Properties' Megapolis at Hinjewadi on "Pune real estate market news blog". I am sure, he is not the only one. Some of you must be in two minds too. Fortunately, this time you have time to think twice or even thrice. Megapolis or Wakad / Baner - Balewadi? What do you prefer and afford? Please, tell me in the comments. You can think it over once again, no problem.

There was no time to think when Paranjape Schemes' Blue Ridge was launched in the first phase of Rajiv Gandhi Infotech Park. Who took time to think are still thinking, 'Should i book a flat in Megapolis or wait for the 2nd phase of Blue Ridge?'

Zoo or Jungle?

Yes, there are lot of questions about Megapolis. I also have one,"Would you like to live in a gated community?" As a born Punekar, i do not want to live in a township totally cutoff from Pune city. It could be ultramodern and luxurious but i do not enjoy life in the zoo. I am born free. What about you?

Come on, let us discuss all questions. I have compiled a list of questions about Megapolis on my Pune real estate investment blog. Please, visit the blog and if you can answer, please, share your info and views in the comments. Who knows, whether we will get time when Magarpatta's Nanded City is launched on Sinhagad Road!

Related Stories:

1) Megapolis - views and property rates of Kumar Properties' and Avinash Bhosale Group's 150 acre integrated township at Hinjewadi, in Pune

2) Are you on the Paranjape Schemes' Blue Ridge waiting list?

3) Waiting list of Paranjape Schemes' Blue Ridge Township at Hinjewadi, Pune closed after 400 bookings


  1. Hey Ravi,
    Your blog is really a helpful resource on the real estate scene in Pune.

  2. good going Ravi.. Really good and well thought..

  3. Pegasus Properties Pvt. Ltd. a joint venture between Avinash Bhosale Group (ABIL Group) & Kumar Properties, today announced the launch of its mega integrated township-MEGAPOLIS. MEGAPOLIS is spread across 150 acre and is located in scenic surroundings of Hinjewadi, inside Rajiv Gandi Info-tech Park, one of the fastest IT growing regions in the country.

  4. should i buy a flat in megapolis?
    how reliable is it?

  5. I would like to comment on lease agreement of 99years.
    As per new law which came more than 10-15 years back, govt no more 'sell' land, govt will only 'lease' land for 99 or 95 years. And this is true for all land across India incl great crowded south Mumbai to NCR region. I personally bought plot some 10 years back near Delhi and agreement clearly says lease and not'sell'. It is for 99 years after which I need to renew it at some nominal cost.
    So, same is true for Megapolis too, I dont knw why so much hype about tht point. One can also check with any good lawyer, all land in PMC, PCMC whether it is of Kumar or Marvel or watever is on lease only. :)

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