Sunday, March 1, 2009

Amit Enterprises' Astonia at Balewadi- 2 bhk flat of 685 sq.ft. carpet area in 25 lakh - is this your dream home?

Can you get more than this at the property rate of Rs. 2,300 per sq.ft.?

Amit Enterprises already has 2 residential projects in Balewadi. Amit's Sapphire Park and Amit's Emerald Park. In these projects property rate, you know, is above Rs. 3,200 per sq.ft. and few flats are still available for booking. Then why Amit launched Astonia in this budget? Is it because in 25 lakh you will buy anything in Balewadi?

1st, 3rd and 5th floor:

2nd, 4th, and 6th floor:

Layout Plan: with open parking for your Nano!

Perfect location:

1) Close proximity to Hinjewadi
2) Easy accessibility to Mumbai Pune Expressway

Are you getting value for your money?

On my post on launching of Astonia, on my Ravi Karandeekar's Pune Real Estate Market News Blog, My Anonymous says, "I think the fair price of flats in Balewadi should be around 1800 per sq ft. Anything more than that is expensive given the current economic situation."

What is your take on the property rate of Amit's Astonia? Is Rs. 2,300 per sq.ft. a fair property price? Different rates of Amit's projects shows that Amit Enterprises doesn't associate property rate with location. Do you still consider that location decides the rate?

Vidya Bala warns the property buyers about 'builders strategy' and suggests that if the property rate is not genuinely reduced, considering the current economic situation buyers should negotiate!

Please, share your views on Amit's Astonia in the comments. (Comments Policy)

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  1. What is the rate at Amit's 9 Green par in Sahakar nagar?

  2. With land almost coming free for the builder in this place, construction cost at 600-700 p/ft., how Rs. 2300/sq is considered as affordable?

  3. I am planning to buy 2 BHK flat near Balewadi or Baner this year itself. ARe there any ready possesion flats available or bookings going on for any particular apartment. Please let me know.

    My email id :