Keeping up with their reputation of introducing Projects with nature as their central theme, Godrej Properties introduces Godrej Park Greens. The Project offers 6 Acres of central greens, 1100 trees in the premises, natural jogging trail amid a number of luxury amenities.
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Godrej Park Greens Mamurdi Pune | Price | Location
1. Godrej Park Greens
Mamurdi,Pune
WHY SHOULD YOU INVEST IN GODREJ PARK GREENS?
PROJECT OVERVIEW
PROPERTY DETAILS
Godrej Properties has had a reputation of designing projects with nature as its central theme. Their latest project, Park Greens,
located at Mamurdi, Pune is no different. With a starting price of ₹50.28 Lakhs, and a 10:90 plan, it is the ideal investment option
for you.
MARKET ANALYSIS- GODREJ PARK GREENS VS OTHERS
PROJECT HIGHLIGHTS
Page 1 of 3
Sports & Outdoor Green Area
Club House Fittings & Furshing
Specifications
Configuration Carpet Area (in Sq.Ft.)
2BHK-City Facing 569
Pricing
₹50.28 Lakhs
569 ₹54.51 Lakhs2BHK- Garden Facing
679 ₹67.67 Lakhs3BHK- Garden Facing
Parkland amenities-yoga lawn, mini golf course, tree houses, seniors’ garden and pavilion,
lawn with board games deck
Woodland amenities- swimming pool, pool deck, toddler’s pool, canopy walk etc
Playland amenities- living maze, jungle gym, paintball activity, multi-purpose court
4 Seasons Gardens-Spring Bloom Garden, Monsoon Shower Stead, Summer Field and
Winter Court
The club house is spread over a massive area of 1500 Sq M.
Separate gyms for adults and kids, imagination lab, audio-video room, business centre,
multi-purpose hall, open cafeteria etc.
Amphi-theatre/ spectator seating
1 km nature trail with 170 trees
The project offers a price range of ₹50.28-67.67 Lakhs
Just 10 minutes from MCA cricket stadium
Spread across an area of 20 acres with 6 acres of central usable greens
Located in Mamurdi, just off the Mumbai-Pune Expressway
Both 2 and 3 BHK units available from 569-679 Sq.Ft. (carpet)
30 minutes from Lohegaon airport, Pune
Exclusive 10:90 plan
Three specialised zones for different age groups- Parkland, Woodland
and Playland.
1.
2.
A look at the available projects in Mamurdi reveals that most of the new projects in the locality are being developed by city-based
developers.
The only project in the locality by an established developer apart from Godrej is Lodha Belmondo.
However, as compared to Godrej Park Greens, Lodha Belmondo is far more expensive. For instance a 2BHK in this project is priced
between ₹58.58 lakhs to 1.02 Crore approximately while a 3BHK costs anywhere around ₹83 Lakhs to 1.36 Cr.
On the other hand, Godrej Park Greens offers a 2BHK under ₹60 Lakhs and a 3BHK under ₹70 Lakhs. Also, the use of the MLA
concept (Maximum Liveable Area) ensures optimum utilisation of available space.
Further, Lodha Belmondo is a fully occupied project and thus only re-sale properties are available. Thus, from an investment point of
view also, Godrej Park Greens is more lucrative as the market value of the project will appreciate as it nears possession.
3.
4.
5.
Rainwater
harvesting
1100 trees
development
Solar heaters &
lighting
100 fruit
bearing trees
2. MICRO-MARKET ANALYSIS: WHY MAMURDI
Located just off the Mumbai-Pune Expressway, Mamurdi has developed as a residential hub offering a serene and peaceful
environment.
Mamurdi has grown into a bustling hot bed of residential development in the last few years. Good connectivity, proximity to IT hubs and
availability of relatively affordable housing options has put the locality on every prospective home buyers’ radar.
Connectivity
Social Infrastructure
Mamurdi is still growing as a residential spot. Since the location is under the jurisdiction of Pimpri Chichwad Municipal Corporation
(PCMC), a lot of social and civic infrastructure in the form of public transport, schools etc are planned in the near future.
For instance, two metro stations are coming up in the proximity-Wakad station and the Akurdi Station. The Wakad station would
provide the East-West connectivity thereby enhancing access to the Hinjewadi IT park. On the other hand, Akurdi station would enhance
the North-South connectivity.
Another infrastructure project that is proposed is the Hyperloop Link. The station for the same will be in Mamurdi and it would reduce the
travel time from Pune to Mumbai to 20 minutes.
Also, as the locality is still developing, it is away from the hustle-bustle of the city life and offers a calm and serene environment.
Thus, from an investment point of view the location offers a lot of scope. Capital appreciation is a given once all the proposed
infrastructure projects are completed. Further due to proximity to Mumbai, the location is an ideal option for investors from Mumbai as
well. Property prices in Mumbai are at least twice as higher and investing here would also ensure a higher capital appreciation than
Mumbai.
Proximity to IT Hubs and MIDC areas also promises a steady rental demand. Further, universities such as Symbiosis Pune, is also located
here, which further bolsters scope for rental demand from student population. Market experts believe that a rental yield of 3-4% can be
easily expected from this location.
Scope of Growth
Page 2 of 3
The social infrastructure around the location is also well established with
multiple health care facilities, schools and colleges, entertainment and
shopping options in the vicinity.
Capital and Rental Trends
Pavana Kids Pre-school 6 Mins
Symbiosis University Mamurdi 6 Mins
Lions Club School 10 Mins
Education
Sanjivan Hospital 10 Mins
Aditya Birla Hospital 19 Mins
Lokmanya Hospital 20 Mins
Hospital
Inventory Outlook (Oct-Dec 2019)
Average Cost/Sq Ft: ₹3,978.6
As per market sources, the average capital values in the locality vary
between ₹4200-6200 per Sq. Ft. at present. The location has witnessed
a mixed-trend with respect to residential values in the last one year.
Prices displayed an upward trajectory post the first quarter and have
stabilised hence.
The average rental value for a 2BHK varies from ₹10,000-13,000 per
month approximately while one can rent out a 3BHK for about
₹15,000-17,000 per month.
Budget Wise Split
60-100 Lakh
40%
0-30 Lakh
15%
Above 1 Cr
25%
30-60 Lakh
20%
BHK Wise Split
2 BHK
48%
3 BHK
44%
1 BHK
8%
Property Type Split
Apartments
96%
Villas
4%
Entertainment
INOX 20 Mins
Fun Square Multiplex 20 Mins
E-Square Carnival Xion 21 Mins
DEVELOPER NAME Project Name
Lodha Developers Lodha Belmondo
Pricing (₹)
₹57.54 Lakhs- 1.38Cr
Park Greens ₹50.28-67.67 LakhsGodrej Developers
BHK
2, 3 BHK
2, 3 BHK
Unit Size (Sq.Ft.)
992-2376
569-679
Mamurdi is the first town off the Mumbai-Pune Expressway and it is the
entry point from Mumbai to Pune.
It is well connected to the city centre via state highways and an
established rail network.
It is strategically located at the intersection of three major roads namely-
Old NH-4 Highway, Katraj-Dehu Road and Mumbai Pune Expressway.
It is at a distance of just 10-20 minutes from IT hubs such as Hinjewadi
and Baner.
It is also well connected to Chakan and Talegaon MIDC
Godrej Park Greens
Mamurdi,Pune
3. SDRWithin 45 days of booking
90% ₹45,25,200On receipt of OC
PAYMENT PLANS
In this plan the buyer must pay 10% of the total cost to book the flat. The remaining 90% is to be paid once the occupation certificate is
received. This is explained in the below table where the value for a 2BHK (city-facing) unit is considered for calculation:
Godrej Properties is a name to reckon with in the realty and construction industry in India. The company is a part of the Godrej Group,
one of India’s biggest and most trusted business conglomerates with interests in real estate, consumer goods, agribusinesses,
appliances, locks and security solutions and many other verticals. Godrej Developers harnesses this 119 year old legacy of trust and
excellence and emphasizes on top class technology and design for its projects.
Godrej Realty is known for its focus on sustainability and innovation. The list of Godrej projects includes multiple residential, township
and commercial projects. The company is currently developing 115 million sq. ft. of projects in 12 Indian cities. The company has received
in excess of 150 recognitions and awards and aims at being one of the top three developers in the nation. The company recently
partnered with APG for setting up a $275 million fund to expand its real estate interests while the parent Group has also earmarked INR
1, 900 crore as a realty fund.
ABOUT DEVELOPER
5.50% ₹2,76,540
Product Price: ₹50,28,000
Stages of Construction % Due as per CLP Amount (Lakhs)
On Booking
₹50,28,000100%Total
10:90 Plan
Project RERA Reg. P52100019639
Page 3 of 3
SquareYards RERA Reg. A51800000454
Website. https://www.squareyards.com/pune-residential-property/godrej-park-greens/29838/project
4.50% ₹2,26,260Within 30 days of booking
Aditya Birla
Memorial Hospital
Inox
Carnival
Cinemas
Sayaji
Hotel
Ginger
Hotel
PVR City One Mall
Rainbow Group
Harvesting
City Pride Royal
Cinemas
E-Square
Carnival Xion
KIDZEE
St. George
Balikagram
Pavana Kids
Pre-School
Janseva
Hospital
HINJAWADI
IT PARK
Wipro
Technologies
IBM
Tech
Mahindra
Infosys
Phase 2
Embassy
TechZone
Towards
Pune Airport
Towards
Pune Railway
Station
ICICI BANK
H I N J A W A D I WAKAD
INDRAYANI
RIVER
LONAVALA SAHAKARI
BANK
PDCC
BANK
MCA STADIUM
STATE BANK OF INDIA
DEPUTY RTO
CHINCHWAD
Old
M
um
bai-Pune
Highw
ay
Old
M
um
bai-Pune
Highway
Lions Club School
M
u
m
bai-Pune
Expressway
Symbiosis Skills and
Open University
Indira College of
Commerce and Science
Marunji Road
Chinchwad
Railway Station
Akurdi
Railway Station
Bethany Convent
School
Sanjeevan Hospital
Pimpri Railway
Station
Wakad
Bridge
Dapodi Railway
Station
Megapolis Circle
Metro Station
Wakad Chowk
Metro Station
Towards Shivaji
Nagar Metro Station
Mumbai-BangaloreHighway
Mumbai-BangaloreHighway
AIMTEC
Point Institute
Cinema Hall
Hospital
Landmark
School/College/Institute
Railway Station
Commercial
Bridge
Airport
Cricket Stadium
Metro Line*
Towards Mumbai
Source: Google Map. | *http://punemetrorail.org/
Mapnottoscale.
Godrej Park Greens
Mamurdi,Pune