Moment of truth:If you read my post -
How many cancellations happened at Blue Ridge? - on the confirmation process of a flat at Nanded City Pune and the experience shared by the readers you will realize an ultimate truth about investing in real estate and about the inclusive growth model of Magarpatta.
No doubt, Magarpatta City and Nanded City Pune are the ideal models of "inclusive growth" where land owner farmers join hands and develop sustainable residential township which is possibly the only answer to unplanned growth of Pune or any city in India.
Mr. Satish Magar:In this process, land owner farmers become the owners, means share holders of development and keep on getting returns on their investment, in the proportion of the land they contributed in the project. For inventing and executing this unique concept, I consider Mr. Satish Magar as not only an innovative entrepreneur but socioeconomic revolutionary.
Buyer Owners:However, when land becomes the township Mr. Satish Magar should not forget the other set of owners who join the process. This set of owners should get their respective rights and treatment as share holders like the farmer land owners. Because property buyers own their homes and contribute to the township in many ways.
What is your take on Nanded City Pune?When you expressed your intention of booking a flat by paying Rs. 50,000 or Rs. 1,00,000 and agreed to the property rate of Rs. 2,750 or Rs. 3,250 per sq.ft. without any document or work on site, you expressed your faith in Mr. Satish Magar.
Obviously, you must have cherished some expectations about Nanded City Pune. The first commentator experienced big "Disappointment" when he went to the site office for the confirmation of his flat. He was expecting to be treated as a proper customer. Options of the plans to choose from, was one of the basic expectation.
What are your expectations about Nanded City Pune? I feel we have to prepare a wish list which could become ground rules of the relationships between the buyers and the developer. Please, share your views in the comments. (Comments Policy)
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