70% construction of the first phase complete:
Township of 250 flats by Regency Group:
View Vishrantwadi - Dhanori - Kalas - Dighi - Yerawada in a larger map
Property rate Rs. 2,150 sq.ft.I liked this ad published in today's Sunday Times (!) for three reasons.
First, it was not about so called expensive "affordable homes".
Second, i liked the head line, "Pay less. Gain more."
Third, Regency Meadows is developed by Regency Group. Long time ago, when i was in real estate advertising, Regency Group was my client. I have done lot of work for their first project in Pune, Flower Valley at Wanawadi. At that point of time, i was very much impressed with their construction quality and finishing.
I have not visited Regency Meadows, but i assume Regency Group must be following their policy of delivering "good home at a competitive price". Because this policy helped them to enter and grow in Pune real estate market in the last slow down!
When i asked Sunil, salesperson at Regency Meadows, what he means by "pay less"? He said that in Vishrantwadi property rate is around Rs. 2,500 per sq.ft. but at Regency Meadows only Rs. 2,150 per sq.ft.
He was referring to Vishrantwadi and not to Dhanori, still i didn't argue because we have to encourage the spirit of competitive pricing in Pune real estate market.
Because all of us wish for reduced property rates. Not for the reduced size of a flat. Right? What say you? (Comments Policy),
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