R
Rahul Verma
El Progreso premium seems unjustified in Pune.
₹85 lakh for El Progreso feels steep for Pune's current market. My calculations show Codename Parivar at ₹54 lakh looks like a much better entry point, from my experience. I'm really trying to figure out the true price per sqft after all the hidden charges. Is El Progreso's carpet area efficiency really that much better to justify such a premium? For 5-year appreciation, I'm analyzing the ROI. Parivar has a lower base, which often means higher upside, but will its location appreciate as quickly? Honestly not sure which project offers better long-term investment potential.
#price-per-sqft#investment-potential#pune-real-estate#carpet-area#roi
Comments
Hidden charges are the worst. I remember booking a flat near Anand Nagar, the final cost was almost 10% higher than what they initially quoted. Always ask for an all-inclusive quote on paper, including registration, stamp duty, society charges, everything!
My friend booked in El Progreso last year. He said they showed him some 'future development' plans nearby that would push up prices. But honestly, it sounded like a sales pitch. He's now having second thoughts seeing the current market trends.
Parivar ka location kaisa hai for long-term appreciation? El Progreso maybe has a better micro-market for growth, even if the entry price is high. Sometimes you pay a premium for future potential.
Future potential is key. But at ₹85L, El Progreso needs to appreciate like 10-12% annually just to make it worthwhile over 5 years. Is that realistic for Pune right now given the current market conditions?
Parivar's location is decent, but not as 'hot' as some other spots. It's more for end-use. For appreciation, areas around Sinhagad Road or Ambegaon Budruk are showing good momentum due to infrastructure plans.
I think El Progreso is overpriced because it's 'premium' branding. They probably have better amenities or finishes. But in Pune, a lot of new projects are coming up, the market is competitive. ₹85L for a first home is a huge amount.
You're right about the competition. I saw some good options in Akurdi for much less, though slightly smaller. It's tough to justify El Progreso when other areas offer more space for the budget.
Bhai, amenities ka kya karein agar EMI nahi bhar paaye? Premium branding is fine but not at this cost, especially for a first home. We need value, not just fancy fittings.
₹85 lakh for El Progreso feels steep for Pune's current market. My calculations show Codename Parivar at ₹54 lakh looks like a much better entry point, from my experience. I'm really trying to figure out the true price per sqft after all the hidden charges. Is El Progreso's carpet area efficiency really that much better to justify such a premium? For 5-year appreciation, I'm analyzing the ROI. Parivar has a lower base, which often means higher upside, but will its location appreciate as quickly? Honestly not sure which project offers better long-term investment potential.
Haan bhai, same pinch! I saw El Progreso too. The possession date is 2026-12-01, which is still quite far. And for a project with only 72 units, the price feels like they're trying to recover costs too quickly. What about the RERA number P52100049452, does anyone have info on their past projects?
Totally agree yaar. El Progreso ka price tag just doesn't sit right. For that money, you can get something better in a more developed area, maybe even near Amanora Park Town.