P
Priya Krishnan
Majestique Mrugavarsha III: Open space reality check?
Majestique Mrugavarsha Phase III – just moved into my 2BHK there last month. The brochure showed so much open space and lush green areas, but honestly, it feels quite cramped now. The actual usable green area is way less than what was advertised, mostly just small patches. I'm worried this affects long-term tenant appeal and resale value. Does genuine open space truly boost rental demand in Pune, or is it mostly about location and amenities? Am I the only one who feels projects often over-promise on this?
#majestique-mrugavarsha#green-areas#amenity-delivery#resale-value#pune-investor
Comments
You're definitely not the only one feeling this, U1. This is a common complaint across Pune, especially in newer projects where land is at a premium. The current market conditions in Pune show that while location and basic amenities are non-negotiable, open spaces are increasingly becoming a deciding factor for families, but maybe less so for bachelors or smaller units. For the ₹64 L – ₹83 L range, buyers expect a certain quality of life, and open green areas contribute to that. It absolutely impacts long-term appeal and resale value, as people are more health-conscious now. But it's a balancing act with the total units being 140, builders try to fit maximum homes.
U5, aapka kya opinion hai, is 64-83L price range justified for this project considering the open space issue?
I totally get what you mean. I saw a project near Sinhagad Road that promised a huge garden but it turned out to be just a narrow strip next to the parking. It's so misleading! What's the actual carpet area of your 2BHK there? Did that match the agreement?
Haan, carpet area se zyada common area aur amenities mein cutting karte hain builders. It's a classic trick to maximize saleable area.
Carpet area toh as per RERA hota hai, so that's usually accurate. My 2BHK is around 680 sqft carpet. But open space ka koi standard measurement ya definition nahi hai, that's where the ambiguity comes in. Sinhagad Road pe bhi yahi haal hai, they show grand plans but deliver tiny spaces.
Dekho, yeh toh har project ka haal hai. Builder ka kaam hai bechna, aur woh hamesha best picture dikhayenge. Majestique Mrugavarsha Phase III ka RERA number P52100033173 hai, possession date 2026-12-01 hai. Abhi toh completion mein time hai, thoda patience rakho. But honestly, open space is a luxury, not a necessity for most tenants. They care more about connectivity and amenities like gym/clubhouse. Price range ₹64 L – ₹83 L mein, it's about what you get for the location.
While builders do over-promise, I think open space is becoming a huge differentiator post-pandemic. Especially with kids and for general well-being. Families will pay a premium for proper green areas, not just small patches. I'm looking near Amanora Park Town, and the projects with genuine open spaces are flying off the shelf, despite slightly higher prices. So it does matter for some segments, especially in a city like Pune where concrete jungle badh raha hai.
Sahi baat hai, U3. RERA number hai, but they only regulate so much. My friend in Akurdi faced similar issues with a reputed builder there too. Possession date abhi door hai, aage aur kya hoga pata nahi.
Oh no, this is exactly my fear! I'm also a first-time buyer looking at projects and they all boast about 'green living'. Your post makes me so nervous about believing those glossy brochures. Thanks for sharing your honest experience.
Majestique Mrugavarsha Phase III – just moved into my 2BHK there last month. The brochure showed so much open space and lush green areas, but honestly, it feels quite cramped now. The actual usable green area is way less than what was advertised, mostly just small patches. I'm worried this affects long-term tenant appeal and resale value. Does genuine open space truly boost rental demand in Pune, or is it mostly about location and amenities? Am I the only one who feels projects often over-promise on this?
Rental demand ke liye, open space does help, especially for families with kids or elders. But location is still primary in Pune, no doubt. Mana ki builders over-promise, but this is a common trick. Kya aapne RERA docs check kiye the for actual green area percentage ya common area breakup?
Totally feel you, bhai. Brochure mein sab paradise lagta hai, but reality check is something else. Builders ka toh pura game hi yehi hai.