rama celestial city research report

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8/8/2019 Rama Celestial City Research Report http://slidepdf.com/reader/full/rama-celestial-city-research-report 1/3 www.indianpropertyreview.com 1 for private circulation only IPR  R  ATINGS Location Facilities Value for Money Track Record Overall Rating L OCATION  Ravet Aundh Road, Near Expressway, Pune  A MENITIES   Club house  Multiplex  Acupressure Park  Herbal Park  Shopping Mall  Sports Facilities  Swimming Pool  Volleyball, Tennis and Basket Ball Courts S ELLING P RICE  Rs. 2,600 ($52) per sq ft MINIMUM  A REA  1BHK – 663 sq ft E XPECTED C OMPLETION October 2011 F OR D ETAILS ,  C ONTACT  T: +91-11-4707-9900 M: +91-98100-84344 E: [email protected]   ABOUT THE PROJECT Celestial City is a unique residential township launched by Rama Group in the upcoming area of Ravet near the Mumbai expressway. The project provides the complete and innovative solutions for all your needs at one place. The group has a reputation of providing good quality homes with high finishing for each apartment. The main focus of the project is to provide you all leisure, entertainment and sports facilities within the project itself. So it’s tag line says “where everything is inside” which means that it is a complete project which provides you with everything you want and you do not even have to go out of the township. The Celestial City is a huge township which consists of 700 apartments spread over an area of 25 acres of land. It consists of 1BHK, 2BHK and 3BHK apartments with modern amenities. The work on the project has already been started by Rama Group in a JV partnership with Pharande Spaces which is set to be complete in 18 months time i.e. end of 2011. L OCATION Celestial City is located in a serene and scenic location on the Ravet Aundh Road which is near to the Mumbai Expressway. This area is yet to develop but the project itself includes all the amenities inside the township. Celestial City has good connectivity to the Expressway and is also near to the Akurdi Railway station which is just 1.5 kms away and connects you to the main city of Pune. It is also near to the Hinjewadi IT Park. F  ACILITIES  Celestial City is an integrated township with all the modern amenities like swimming pool, amphitheatre, shopping mall, club house, school bus stop, children’s library, convenience shop. It also provides with leisure, entertainment and fitness facilities like a full-equipped gym, multiplex, etc. The project has 2 large entrances with security cabins and designer lobbies. The builders are now also planning to provide separate toilets for servants and drivers. The main aim of this project is to provide everything that a person will need at one place. V  ALUE FOR MONEY  Rama Group is providing these apartments in the range of Rs 17 to Rs 31 lacs for area between 663 sq ft to 1174 sq ft. This does not include the maintenance, MSEB, Car parking charges, PLC and Club charges. The parking charges of Rs 1,50,000 are high. Thus the total value of the apartment may go to Rs 21 lacs to Rs 35 lacs. The hidden costs itself make a big difference in the value. The other charges are reasonable and the same is demanded all over Pune. We feel that this project will be suitable for people from middle class & upper middle class. R  AMA C ELESTIAL C ITY  

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Page 1: Rama Celestial City Research Report

8/8/2019 Rama Celestial City Research Report

http://slidepdf.com/reader/full/rama-celestial-city-research-report 1/3www.indianpropertyreview.com 1 for private circulation only

IPR  R ATINGS 

Location

Facilities

Value for Money

Track Record

Overall Rating

LOCATION  

Ravet Aundh Road,

Near Expressway, Pune

 AMENITIES   Club house

  Multiplex

  Acupressure Park

  Herbal Park

  Shopping Mall

  Sports Facilities

  Swimming Pool

  Volleyball, Tennis and

Basket Ball Courts

SELLING PRICE 

Rs. 2,600 ($52) per sq ft

MINIMUM  AREA 

1BHK – 663 sq ft

EXPECTED COMPLETION 

October 2011

FOR DETAILS ,  CONTACT 

T: +91-11-4707-9900

M: +91-98100-84344

E: [email protected] 

 ABOUT THE PROJECT 

Celestial City is a unique residential township launched by Rama Group in the

upcoming area of Ravet near the Mumbai expressway. The project provides the

complete and innovative solutions for all your needs at one place. The group has

a reputation of providing good quality homes with high finishing for each

apartment. The main focus of the project is to provide you all leisure,

entertainment and sports facilities within the project itself. So it’s tag line says

“where everything is inside” which means that it is a complete project which

provides you with everything you want and you do not even have to go out of the

township.

The Celestial City is a huge township which consists of 700 apartments spread

over an area of 25 acres of land. It consists of 1BHK, 2BHK and 3BHK apartments

with modern amenities. The work on the project has already been started by

Rama Group in a JV partnership with Pharande Spaces which is set to be

complete in 18 months time i.e. end of 2011.

LOCATION 

Celestial City is located in a serene and scenic location on the Ravet Aundh Road

which is near to the Mumbai Expressway. This area is yet to develop but the

project itself includes all the amenities inside the township. Celestial City hasgood connectivity to the Expressway and is also near to the Akurdi Railway

station which is just 1.5 kms away and connects you to the main city of Pune. It is

also near to the Hinjewadi IT Park.

F ACILITIES 

Celestial City is an integrated township with all the modern amenities like

swimming pool, amphitheatre, shopping mall, club house, school bus stop,

children’s library, convenience shop. It also provides with leisure, entertainment

and fitness facilities like a full-equipped gym, multiplex, etc. The project has 2

large entrances with security cabins and designer lobbies. The builders are now

also planning to provide separate toilets for servants and drivers. The main aim

of this project is to provide everything that a person will need at one place. 

V ALUE FOR MONEY  

Rama Group is providing these apartments in the range of Rs 17 to Rs 31 lacs for

area between 663 sq ft to 1174 sq ft. This does not include the maintenance,

MSEB, Car parking charges, PLC and Club charges. The parking charges of Rs

1,50,000 are high. Thus the total value of the apartment may go to Rs 21 lacs toRs 35 lacs. The hidden costs itself make a big difference in the value. The other

charges are reasonable and the same is demanded all over Pune. We feel that

this project will be suitable for people from middle class & upper middle class. 

R AMA CELESTIAL CITY  

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www.indianpropertyreview.com 2 for private circulation only

TRACK RECORD 

Rama Group is a well known and established company in the construction andreal estate industry in Pune since the past 18 years. They have always been on

the toes to adapt to the changing trends in real estate and provide innovative and

attractive solutions to its clients. The group has a strong foundation of meeting

client needs, providing high quality and also meeting client expectations. Rama

Group aims at providing high quality at reasonable price. They have many other

on going residential projects in Pune city.

OVERALL 

In our view, Rama Celestial City would be a good option for the people working

in the IT Park at Hinjewadi. The apartments are spacious and will be a complete

solution for the middle class and upper class. The construction is of superior

quality with high finishing touch. We would suggest you to book here if you are

going to make it your home rather than an investment for the future as all the

facilities and amenities are being provided by the builder.

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DISCLAIMER :  This report is for the personal information of the authorized recipient and doesn't construe to be any investment, legal or taxation advice. It is

only for private circulation and use. The report is based upon information available to the public and other sources that we consider to be reliable. No representationor warranty, express or implied is made that it is accurate or complete, or that future results / events will be consistent with the opinion / information presented inthis report and it should not be relied upon as such. The information / opinions expressed in this document are subject to change without notice. No action issolicited on the basis of the contents of the report. The report should not be reproduced or redistributed to any other person(s) in any form without prior writtenpermission of Indian Property Review.

The contents of this report are general and are neither comprehensive nor inclusive. It does not constitute personal recommendations or take into account theparticular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. Persons who may receive this document shouldconsider and independently evaluate whether it is suitable for his/ her/their particular circumstances and, if necessary, seek professional advice. Any such personshall be responsible for conducting his/her/their own investigation and analysis of the information contained or referred to in this document and of evaluating themerits and risks involved in the properties / companies forming the subject matter of this document. Information / opinions expressed in this document must not berelied upon as having been authorized or approved by the builder / company mentioned here or its directors or any other person.

Neither Indian Property Review nor any of its affiliates, associates, representatives, directors or employees shall be responsible for any loss or damage that mayarise to any person due to any action taken on the basis of this report. The value of, and income from property investments may vary because of the changes in themacro and micro factors given at a certain period of time. Foreign currencies denominated properties are subject to fluctuations in exchange rates that may have anadverse effect on the value or price of or income derived from the investment. All property investments involve risk and past performance doesn't guarantee futureresults.

Please note that we and our affiliates, officers, directors, and employees, including persons involved in the preparation or issuance of this material; from time totime, may have bought or sold properties, and may buy or sell the properties thereof, of company (ies) mentioned here in or be engaged in any other transactionsand earn brokerage or other compensation from the company (ies) discussed herein or may perform or seek to perform investment banking services for suchcompany(ies) or act as advisor or lender/borrower to such company(ies) or may have any other potential conflict of interest with respect to any recommendation

 ABOUT INDIAN PROPERTY REVIEW 

Indian Property Review (IPR) provides reviews, ratings and research reports on Indian Real Estate. We critically

review and rate a number of residential and commercial properties based on various criteria such as Location,Facilities, Value for Money and Builder's Track Record and recommend only the best ones to the clients.

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R ATING R ATIONALE  CONTACT US 

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