ABOUT THE PROJECT

Laburnum Park is a residential project by Magarpatta Township Development and Construction Company Limited located in the heart of Magarpatta City. The project consists of 3BHK and 4BHK luxurious and spacious apartments.  The project is aimed at luxurious living with up-to-date amenities. There are in all 14 buildings, each with 11 floors. Each floor has 3 apartments. It is a home for the families who love to live life like the “Kings”. The apartments are open on 3 sides and have good ventilation. The apartments are in for ready possession.

LOCATION

Laburnum Park is located in the heart of Magarpatta City. It is located in the upcoming and fast developing area of Hadapsar. The area has turned out to be one of the major IT Parks in Pune with lot of IT, ITES and Outsourcing companies to Hadapsar. The Pune Airport is located at a distance of 9 kms and the railway station is at a distance of 7 kms. It is well connected to the Pune-Sholapur road and Mundhwa suburb of Pune.

FACILITIES

The facilities provided by Laburnum Park include club house, swimming pool, health club and children’s play area. In addition, they provide with property management services which looks after the maintenance and upkeep of the locality. The project has a hi-tech commercial area that will look after the basic needs of the occupants. The developer has all the tie-ups and provides with the sports, education, health and entertainment facilities. There is also primary school for higher education facilities with large playgrounds.

VALUE FOR MONEY

Laburnum Park is offering its apartments at a basic selling price of Rs 4,000 per sq ft. This price is not inclusive of the MSEB, one time maintenance, stamp duty and registration charges. Two covered car parking’s for each apartment are mandatory. There are no PLC charges applicable for this project. So, the total cost for an apartment would range from Rs. 93.27 lacs to Rs. 1.07 crore, depending upon the choice of the apartment. We feel that the prices are on the higher end as the area is still a developing one and is suitable for the higher income group as well as top management people.


TRACK RECORD

Magarpatta Township Development and Construction Company Limited is a group of eminent business and technology leaders. These people have come together to develop a unique city near Pune so that you do not need to venture into the main Pune city. All the amenities and facilities will be looked after by the Magarpatta city Development and its property management services. They have successfully carried out residential projects with timely possession. They are new in the real estate business with only a few years experience but they have already created a good reputation for themselves.

OVERALL

We feel that this project will be best suited for the high income people and the people at the top management of the organisation who can afford such luxurious living. The advantage of buying in such a project is that all your needs have been looked after and everything will be available within a radius of 1 km. The ATM, Shopping Centre, Schools, Hospitals are a few of the amenities that you will have within your reach.

The prices are on the higher side but with your basic necessities at your reach it should not be a major hindrance. The connectivity to this area is improving as there are many other upcoming and already completed residential projects.

In our view, this is a fast developing locality and is expected to be one of the prime locations for the IT people working in the Hadapsar and Magarpatta IT Park.