Hiranandani Everland
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16 insights shared by the community.
What residents appreciate the most
The project is positioned as an upcoming premium residential township, suggesting comprehensive planning, modern amenities, and a high standard of living. Its design vision, sustainability practices, and execution have even been showcased to and explored by members of CREDAI Pune, highlighting its ambitious scope.
It's being marketed as a premium township, which sounds very appealing.
The vision for this township seems very well thought out and comprehensive.
The fact that CREDAI members visited to study its design and sustainability speaks volumes.
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Situated in North Hinjewadi, the project is located in an area poised for significant future development, making it an attractive prospect for both residents and investors due to its growth potential.
Being in Hinjewadi positions it well for future appreciation.
The location in North Hinjewadi is definitely a plus, given the area's growth.
It's in a good spot, especially with all the upcoming development around.
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The project benefits significantly from the established reputation of Hiranandani, a name that instills confidence among investors. The land itself is reportedly owned by Hiranandani, and while Krisala is involved in development, it is said to be under strict Hiranandani guidelines, ensuring a certain standard of quality and due diligence.
Many investors are relying on the Hiranandani name, expecting a quality outcome from this venture.
It's reassuring to know Hiranandani owns the land and is overseeing the development process with their guidelines.
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A distinctive feature of the township is its 40-acre racecourse theme, offering a unique lifestyle proposition and potentially attracting a specific niche of buyers looking for an exclusive amenity.
Having a racecourse theme adds a very distinct appeal to the township.
The race track theme is definitely a unique selling point that sets it apart.
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The project has demonstrated strong market appeal, with its first phase reportedly selling out completely and attracting over 500 token bookings within a short period of 15 days, indicating significant buyer interest and a promising outlook.
The rapid sale of the first phase shows how much interest there is in this project.
Collecting hundreds of token amounts so quickly is a very positive sign for demand.
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The project is believed to have secured its RERA approval, providing a layer of regulatory compliance and assurance for potential buyers regarding transparency and project adherence.
It seems RERA approval is already in place, which is good news for buyers.
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This is a substantial project valued at ₹1,100 crore, further bolstered by a partnership with the Della Group, indicating a significant investment and a grand vision for the development, suggesting a robust and well-funded undertaking.
A project of this scale, with such a large investment and a partner like Della Group, is impressive.
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The project is highlighted for its potential for future growth and strong investment scope, suggesting it could yield good returns over time due to its location and planned development.
The investment potential and future growth prospects look very promising for this area.
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Where residents want improvements
There are significant concerns about Krisala Developers, the joint venture partner, being perceived as a 'third-grade builder' with a history of project delays and 'extremely bad reviews' for their previous developments. This raises doubts about the overall construction quality and timely delivery of the current project, especially given Hiranandani's high standards.
Many consider Krisala a lower-tier builder with a track record of delays.
There are serious doubts about Krisala's construction quality, given their past projects.
Reviews for other projects by Krisala have been overwhelmingly negative, which is worrying.
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There is confusion and concern regarding the operational dynamics of the joint venture, particularly reports that Krisala might be taking the project lead in the 50-50 partnership. This raises questions about how the partnership will function and whether Hiranandani's renowned quality standards will be consistently maintained throughout the development.
If Krisala is taking the lead, will Hiranandani's quality standards still be upheld?
It's unclear how the partnership will truly work, especially if Krisala is leading the project.
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Based on experiences with other projects by Krisala, any desired customizations or additional fittings (such as extra electrical points, specific material changes, or kitchen sink modifications) are likely to incur extra costs, which might not be transparent upfront and could add to the overall expense.
Adding simple things like extra socket points or changing kitchen elements often comes with an additional charge.
Be prepared for extra costs if you want any customizations, as is typical with this developer.
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Claims of 'massive appreciation' are heavily tied to the presence of a race track, leading to uncertainty about the actual market value and whether such appreciation is genuinely sustainable or merely speculative, potentially misleading investors.
The claims of huge appreciation seem to rely too much on the race track, which feels speculative.
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The general sentiment is that real estate prices across Pune are currently high, which might make the project's pricing less attractive or perceived as overpriced in the broader market context, impacting its value proposition.
Pune's property market is generally expensive, and this project seems to follow that trend.
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Despite being marketed as a premium project, observations suggest that the interior fittings are ordinary and the flats lack a luxurious or high-end feel, which could be disappointing for buyers expecting premium standards from a Hiranandani-associated development.
The flats don't feel luxurious at all; the fittings are quite basic and disappointing.
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Some potential buyers feel that the project's presentations are primarily marketing gimmicks, lacking substantial real benefits, leading to a perception that the project might be overrated and not deliver on its grand promises.
The presentations seem like pure marketing, without much substance or real benefits.
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The project's distance from key areas is noted as a potential inconvenience or issue for prospective residents, which could impact daily commutes and accessibility.
The distance to the project is definitely a concern for daily commute and accessibility.
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