Came across this video about Purva Emerald Bay in Keshav Nagar. The 2BHK sample flat looks decent, but one thing caught my eye. They're saying RERA possession is June 2025, but target possession is Jan 2024. That's a pretty big difference, almost a year and a half! Not sure if this is normal for Puravankara projects. Has anyone else seen this type of timeline? Kya scene hai, is it realistic to expect it by Jan 2024?
Purva Emerald Bay is a large-scale residential development by Puravankara Ltd. spread across 19.0 acres in Mundhwa, Pune. It comprises 3 towers housing 672 units with 2 BHK from ₹0.58 Cr, 3 BHK from ₹0.92 Cr and comprehensive amenities including Cricket Pitch, Skating Rink, Fire Sprinklers, Table Tennis, Kid's Pool, and more.
Yes, Purva Emerald Bay by Puravankara Ltd. (RERA: P52100026132) is approved by SBI, HDFC, ICICI, and Axis Bank. With prices starting at ₹58.1 L for 2 BHK from ₹0.58 Cr, 3 BHK from ₹0.92 Cr, buyers can avail home loans up to 80–90% of the property value.
Yes, Purva Emerald Bay by Puravankara Ltd. is approved by major banks and housing finance companies. RERA registration number P52100026132 assures lenders of the project's legal compliance, simplifying the home loan process for buyers.
Yes, with RERA registration P52100026132, booking an under-construction unit at Purva Emerald Bay is well-protected. RERA mandates that 70% of collections are held in an escrow account used only for construction of Purva Emerald Bay.
Yes, site visits to Purva Emerald Bay by Puravankara Ltd. in Mundhwa, Pune can be scheduled through Propmyna. The project has 672 units across 3 towers on 19.0 acres offering 2 BHK from ₹0.58 Cr, 3 BHK from ₹0.92 Cr from ₹58.1 L.
Comments
Guys, I just saw a video on Purva Emerald Bay in Keshav Nagar. The 2BHK sample flat looks really good, but I'm super confused about the possession dates. They're marketing Jan 2024 as target possession, but the RERA date is June 2025. That's almost 1.5 years difference! Is this normal? My friend said Puravankara projects sometimes get delayed. Should I even consider booking if the RERA date is so far out?
Sahi kaha aapne
Exactly my concern! I'm a first-time buyer too and delays mean so much extra EMI. How do people even plan their finances with such uncertainty?
Nahin bhai, not normal for a trustworthy builder to have such a huge gap. That RERA date is the only one you should ever look at. If you're okay waiting till June 2025, then maybe, but don't count on Jan 2024 at all.