S
Siddharth Jha
posted on 9 MayDoes water reliability affect Pune property values?
Is reliable water supply a big concern for investors in Pune? Thinking of Shubh Veda for a 3BHK upgrade. Heard about tanker dependency impacting tenant retention and resale. Does Shubh Veda have adequate tank capacity, or is it constant tanker calls for residents? Any insights appreciated.
#shubh-veda#water-supply#investor-advice#pune-real-estate#tenant-retention
Comments
Honestly, water supply is now a primary factor for any property purchase in Pune, not just for investors but even end-users. The current market conditions, with increasing demand and limited resources, mean that projects without robust, sustainable water solutions will struggle. For an upcoming project like Shubh Veda, ensure you get all water-related commitments in writing, not just verbal assurances. Check their RERA filings for details on water infrastructure. It's a long-term investment, so don't overlook this critical aspect.
So, what did you decide about Shubh Veda, OP?
Has anyone visited the Shubh Veda site or spoken to their sales team specifically about water? Do they have any detailed documentation or plans for water sourcing, storage, and treatment? Or is it just vague assurances about 'adequate supply'?
Vague promises are builders' favorite weapon. Been there, done that.
Haan, same info I got. But 'substantial capacity' is a very vague term. What are the actual liters per day they project for 562 units? And how reliable are those borewells in peak summer? Builders always have these 'plans', but execution is where it falters.
Yes, I did a site visit last month. The sales rep mentioned they're planning for multiple borewells, a state-of-the-art STP (Sewage Treatment Plant) for recycling water, and substantial underground and overhead tank capacity. They also showed a diagram for rainwater harvesting. But it's all on paper right now, as the project is still upcoming.
Exactly what I'm worried about. Shubh Veda is an UPCOMING project, RERA number P52100080358, with possession set for 2030-12-01. That's a long way off. How can we be sure about their water management plans for so far in the future? They're promising 562 units. That's a lot of families needing water. Are they relying on municipal supply, borewell, or a mix? What's the tank capacity they are actually planning?
Sahi kaha! I had a similar experience with a project in Akurdi. They showed us grand plans for rainwater harvesting and a dedicated borewell. Fast forward to possession, and it was mostly tanker water, especially during summers. Builders often over-promise on these crucial aspects to seal the deal. For such a big project like Shubh Veda, with so many units, their water strategy needs to be crystal clear, not just on paper.
2030-12-01? Bhai, itni lambi possession date? By then, Pune's water situation might be even more challenging. This makes the water question even more critical.
Absolutely! My cousin booked in a project near Sinhagad Road, and it's been a nightmare. Tanker calls every other day. So, for Shubh Veda, this is a very valid concern.
Yaar, water reliability is a HUGE deal in Pune, especially in new developments. Shubh Veda ka price point is quite high (₹1.6 Cr – ₹3.3 Cr for 3BHK), so you'd expect top-notch amenities, including water. But I've heard horror stories from other upcoming projects where they promise the moon and deliver tanker dependency. Tenant retention is definitely hit, and resale value takes a beating if people know there are water issues.