Pune's OLD Addresses Are Becoming GOLD — Here's Why! | TKMP #98
Kishen Milaney
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Pune's OLD Addresses Are Becoming GOLD — Here's Why! | TKMP #98
999 просмотров · 2 месяца назад
Kishen Milaney
21,6 тыс. подписчиков
999 просмотров · 2 месяца назад
Is Pune's old-school charm worth ₹3 Crore — or are Model Colony & Prabhat Road simply the smartest bets nobody's talking about?
In this ground-report episode of The Kishen Milaney Podcast (TKMP), I sit down with Mr. Sarang Madrewar — Founder & CEO of Laxmi Realty, Governing Body Member of Professional Realtors of Pune (PROP), and Member of NAR India — to take you inside Pune's most legendary micro-market: Deccan, Model Colony, Prabhat Road & SB Road. This isn't a data-dump. It's a boots-on-the-ground breakdown of why the old addresses are suddenly commanding super-premium rates — and who's actually buying them.
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🏠 WHAT WE COVER IN THIS EPISODE
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🏛️ The Redevelopment Gold Rush
→ Why old societies on Prabhat Road & Model Colony are being bought out for ₹18,000–22,000/sq.ft.
→ The hidden logic behind why ONLY redevelopment can unlock fresh inventory in fully-built Deccan.
→ What the new buyer profile looks like — and why NRI & business-class families are leading the charge.
📍 Micro-Market Price Check: Deccan & Adjoining Areas
→ Model Colony & Prabhat Road: ₹16,000–22,000/sq.ft. — what you get at each band.
→ Deccan Gymkhana & SB Road: ₹12,000–16,000/sq.ft. — the commercialization-versus-residential balance.
→ The "Deccan Premium" — why buyers pay more for walkable, established neighbourhoods over new peripheries.
📜 UDCPR & Policy Reforms — The Real Game-Changer
→ Maharashtra's new U-D-C-P-R rules and why Sarang calls them the single biggest catalyst for redevelopment.
→ Higher FSI, fungible TDR, and how the math now works for developers AND societies.
→ The "premium FSI" loophole that makes luxury projects viable in old, low-FSI zones.
🚇 The Metro Factor — Infrastructure Transforming Deccan
→ Pune Metro's Deccan Gymkhana station: how connectivity is rewriting per-square-foot calculations.
→ Why Metro proximity is adding ₹1,500–2,500/sq.ft. to resale values within a 1-km radius.
→ Infrastructure constraints that Sarang warns could cap Deccan's vertical growth if not addressed.
💰 Premium vs. Super-Premium — Where To Put Your Money
→ What separates "premium" (₹12,000–16,000/sq.ft.) from "super-premium" (₹18,000+/sq.ft.) in real, liveable terms.
→ The 2.5–3 Cr budget question: Model Colony redevelopment OR a new launch in Baner?
→ Sarang's personal hierarchy of Deccan-area pockets — and where he'd invest his own money today.
⚠️ Hidden Complexities — What No One Tells You
→ Society consent, transit rent, and the 2-3 year displacement nobody prices in.
→ Why NOT every old building is a redevelopment jackpot — the FSI-consumption trap explained.
→ The one question Sarang says every buyer MUST ask before committing to a redevelopment project.
Whether you're a first-time buyer or a seasoned investor — this is the insider's perspective you won't find anywhere else.
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💬 Which Deccan pocket do YOU think is undervalued? Drop it in the comments.
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⏱️ CHAPTERS
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00:00 — Guest Introduction & Background
03:10 — Old Charm: Pune's Legendary Micro-Markets Overview
12:30 — Model Colony, Prabhat, Deccan & SB Rd: Prime Locations & Redevelopment Boom
19:45 — Infrastructure, Metro Impact & New Government Policies
27:30 — Model Colony, Prabhat, Deccan & SB Rd: Commercial Real Estate
29:30 — The Old Pune City Redevelopment Challenge
31:30 — The Value Add (Hidden Complexities): Premium vs. Super-Premium Real Estate
34:30 — ₹2.5cr - ₹3cr Budget: Where To Invest?
37:30 — The Golden Rules for Investing in Model Colony, Prabhat, Deccan & SB Rd & Close.
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