S
Shalini Sharma
Raj Heramba 1 Hallmark Avenue: What's the real appreciation potential?
Under-construction projects often hide the best value if you know where to look. I'm completely fed up of renting, landlord raised rent again, so I'm finally taking the plunge and looking for an investment flat in Pune. Raj Heramba 1 Hallmark Aveneu Phase II is on my radar, seems like a decent option in the ₹78-95L bracket. I'm trying to figure out its capital appreciation potential. Did anyone track its pre-launch pricing versus now? How much upside do you think is left for an investor? Also, how's Raj Heramba's delivery track record? Don't want to deal with endless delays. Any insights on their past projects or this one's ROI are welcome.
#investment#pune-real-estate#under-construction#capital-appreciation#builder-track-record
Comments
Honestly, for a first-time buyer, focus more on timely delivery and less on aggressive appreciation. Getting possession on time saves you lakhs in rental and EMI. My brother bought a flat near Ambegaon Budruk and it was delayed by over a year. He regretted not checking the builder's past RERA records properly. Raj Heramba ka RERA history check kar lo, if they have past projects with delays, it will show up.
Sahi baat hai. For a project with only 46 units, delays could be a red flag. Small projects sometimes struggle with funding if sales are slow. I'd be extra cautious. What's the area like, is it well-developed or still emerging?
That's a very practical point, U9. I'm so focused on 'investment' that I forget the basic 'home' part. Timely delivery is crucial, especially when you're on a tight budget and can't afford paying both. Did your brother check the builder's financial health too?
My friend booked a flat in Amanora Park Town a few years ago and got good appreciation, but that was a different market. Right now, with interest rates going up, capital appreciation might be slower. Don't just look at the builder, also consider the overall market conditions in Pune. Is this project really in a high-growth corridor?
I checked Raj Heramba 1 Hallmark Avenue Phase II's RERA number, it's P52100020694. The project is ongoing. I agree with U3, October 2023 is not far off. If they actually deliver on time, it could be a good deal. But if not, then it's a huge financial headache for us first-timers. Any idea about the pre-launch prices versus current prices?
I heard from an agent that the prices haven't jumped *that* much since pre-launch, maybe 10-12%? But that's just agent talk, take it with a pinch of salt. The current range of ₹78 L – ₹96 L for 46 units means they might be looking to clear inventory fast if demand isn't high.
Haan, pre-launch price ka comparison would be super helpful! That tells us if there's any upside left. I'm also trying to gauge the ROI. Pune market abhi thoda slow hai na, but this location seems decent.
Builder ka track record toh bahut important hai. My cousin booked a flat with a different builder near Sinhagad Road and it got delayed by almost two years. Had to pay EMI and rent both. So yeah, Raj Heramba ki delivery history pata chal jaati toh accha hota.
Hey everyone, I'm new here and feeling super overwhelmed by the property market. My landlord just hiked my rent again, so I'm finally serious about buying. Raj Heramba 1 Hallmark Avenue Phase II in Pune caught my eye, within my budget of ₹78-95L. It's under construction, which makes me nervous but also hopeful for appreciation. Has anyone looked into this project? What do you think about its capital appreciation potential?
Same boat as you both. I've heard mixed reviews about Raj Heramba. Some say their older projects in Akurdi were delayed a bit, but eventually delivered. For this one, the possession date is 2023-10-01, right? That's quite soon, makes me wonder.
Totally get you, U1! Rent hikes are brutal. I'm also a first-time buyer and Raj Heramba is on my list too. I'm worried about builder delays though, especially with under-construction projects. What's their track record like, does anyone know?