Friday, June 5, 2009

Satish Magar inaugurates Best Of East, CREDAI Pune property exhibition

"Now people can live in their own homes instead of living in rental homes," Anuj Bhandari, Chairman, Exhibition Committee

The exhibition, Best Of East Pune, has 36 builder developers participating with over a 100 projects on display.

Kharadi to Undri & Dhanori to Wagholi:

There is a wide range of apartments available to Punekars who chose from affordable to premium, under construction to ready possession homes to live in the East of Pune that comprises Hadapsar, Mundhwa, Kondhwa,Korgaon Park, Kalyani Nagar, Dhanori, Undri, Wagholi, Viman Nagar, Kharadi, Mohamedwadi and so on.

Flats in Rs. 10.40 to 13.50 lakhs:

Members of CREDAI Pune have been pro active in dealing with the market sentiments and have at this exhibition 7 projects that have apartments in the range of Rs. 10.40 lakhs to Rs. 13.50 lakhs.

1 bhk flat for Rs 7 lakhs:

Satish Magar, Chairman and Managing Director of Magarpatta Township Development & Construction Company Limited, and Chairman of Nanded City (Pune) Development and Construction Company Ltd., stated that,
"There are varied needs that buyers have and while we see the top end apartments not largely affected by the market slowdown, we saw a need for affordable housing.

The Best Of East now offers 1 bedroom apartments to Pune in areas such as Hadapsar, Kondhwa, Wagholi, Undri and in Chakan a one bedroom home for Rs 7 lakhs. There cannot be a better time to buy a home than Now!"

Rahulbaba ki Jai Ho!

The previous exhibition, Best of West Pune, saw a surge in property purchases with 450 bookings. Says Anuj Bhandari who is heading the exhibition committee, "the Government has given the industry a push in terms of reduced interest rates and increased liquidity. Builders have sensed that the need for affordable housing and have started building homes that are smaller in size with reduced rates and a stable Government at the Center has resulted in people buying homes."

The exhibition has flats that range from 1 bhk, 2 bhk, 3 bhk and 4 bhk to bungalows to suit every budget. Says Anuj, "Now people can live in their own homes instead of living in rental homes."

Visiting for the first time?

If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

1) May 2009: most popular posts

2) April 2009: most popular posts

3) March 2009: most popular posts

4) February 2009: most popular posts

5) January 2009: most popular posts

6) 20008: most popular posts

Feel free to call me:

I enjoy talking, sharing my views and giving advice about buying property in Pune real estate market (so, i do not charge anything for the first 5 minutes!) Call +91 98600 44110

If you like to chat, join me, RaviKarandeekarsBlogs on Google Talk.

Yes, my email id is Feel free to write. I reply as soon as i can.

Check my Google Profile:

Subscribe for Free!

To receive free emails or free RSS feeds, please, subscribe to Ravi Karandeekar's Pune Real Estate Market News Blog

For my blogs on real estate projects near Hinjewadi, real estate investment, advertising and other related topics, please, visit and join my Ravi Karandeekar's Pune Real Estate Blog Group


  1. I have been to the exhibition. Only a couple of stalls were of some interest. The rates are still very high in my opinion. Rohan Builders were of some interest to me. They claim to have reduced the per square foot rate, but the total costs are very high for me. (Aren't there saleable area high compared to their carpet area? around 28% more). I still might have considered booking if I could have got posession in a few months time.

  2. Hi Ravi,

    A small correction to my earlier post. The saleable area at Rohan Mithila is around 38% more than the carpet area. In my previous comments I had mentioned this as 28%. Don't you think 38% is a high figure?