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XRBIA in Hinjewadi, Pune by Eiffel Developers – Reviews, Pricing, Location

Posted: August 1st, 2012 | Author: | 22 Comments »

XRBIA is an affordable housing project offered by the Eiffel group. Xrbia will be developed over a 200 acres of land in Hinjewadi, of which around 40% of property will be devoted to open green spaces. It is Xrbia’s first project located in the IT hub of Pune. This project in Hinjewadi will also feature playgrounds, pools, parks, water bodies, roads, and recreation areas.

xrbia-elevation

Designed by renowned architect Hafeez Contractor, XRBIA in Hinjewadi offers world class living in an affordable way. This property in Pune comprises over 10,000 apartments offering you a choice of 1, 2 and 3 BHK apartments. Extremely close to the IT Hub, Xrbia’s location acts as an added advantage.

In addition to the facilities it has to offer, it will have world-class schools spread over 9 acres of land, which will accommodate over 3500 students. Also, it will offer premium health care facility across  an area of 50,000 sq ft.

XRBIA Location Advantages:

 

  • Hinjewadi – one of most promising industrial clusters in India
  • Just 25 km away is the Chakan-Talegaon belt
  • Close to IT Park – including companies like Infosys Technologies, Wipro Technologies, Tata Technologies, Cognizant, Tech Mahindra and TCS
  • Home to auto giants Volkswagen, Mercedes Benz, Bajaj Auto and Mahindra & Mahindra, among others.
  • Together, Hinjewadi and the 25-km-long Chakan-Talegaon stretch are changing the shape of Pune.
  • Potential for future infrastructure and commercial development

 

XRBIA Location Map:

 xrbia-location-map

 

XRBIA Site address:
Seriel. No. 56,
Village : Neredattawadi,
Marunji Road, Near Hinjewadi,
(Take left 100 mtrs away from IIMS Institute)
Pune : 411033

 

XRBIA Pricing & Configuration

  • 1BHK+1T(Smart) – 230 sq.ft – Rs 2600 psft
  • 1BHK+1T(Luxury) – 313 sq.ft – Rs. 2800 psft
  • 2BHK+2T – 416 sq.ft – Rs. 3000 psft
  • 3BHK+2T – 569 sq.ft – Rs. 3250 psft

xrbia-price-sheet

 

The price range of a smart 1 BHK starts from 9.66 Lacs, whereas a 3 BHK can cost you around 23 Lacs. The possession of this property by Eiffel Developers is expected to be complete within 36 months. The company currently offers a 20:80 scheme, known as ADF for housing finance in cooperation with its certain housing finance companies. The current prices are expected to go up by 4th August.

Update: 07 September 2012

State Bank of India (SBI) is no more associated with XRBIA

SBI is no more listed under XRBIA Housing financiers! All other housing finance companies – Indiabulls, Gruh Finance, DHFL, Oriental, Yes Bank, ICICI, Bank of India, Bank of Maharashtra, LIC – are still there.

SBI was very much a part of the XRBIA housing project initially, but now, on the website of XRBIA. Neither will you find the APF letter of SBI – State Bank of India there -  Nor SBI – State Bank of India – is listed as “Housing Financiers” of XRBIA!!

Now what does this mean. One of the most trusted and respected institution in India, SBI has vanished from XRBIA.Com! Does this mean buyers who have already given 20 per cent of the total amount to XRBIA under the ADF scheme as a booking amount, might now withdraw their booking. Since SBI is no more associated with XRBIA, it is likely that this withdrawal might result in cancellation of bookings. Keep checking out this space for more information on XRBIA.

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22 Comments on “XRBIA in Hinjewadi, Pune by Eiffel Developers – Reviews, Pricing, Location”

  1. 1 REHAN NADAF said at 10:34 am on August 2nd, 2012:

    I am interested in this project.

  2. 2 joginder singh said at 9:17 am on August 3rd, 2012:

    can someone help me , i need a booking as soon as possible

  3. 3 Sharma said at 12:12 pm on August 5th, 2012:

    I have liked the idea…bt some questions in my mind…
    1. Sample flat in Shops…why did not Builders arrange site visits ?
    2. 22 flats on one floor..with 22 flats…how many hours I have to wait to get in the LIFT
    3. How can one Manage 22 flats one one floor..all builders says there is a limit to No. of Flats per floor/Lifts and other amenities…
    4. what are safety features in case of Major fire ?
    5. How are going to manage water supply ? garbage collection ?
    6. No proper entrance ? The road from Hijewadi is single Road ?
    7. Why 100% payment in advance ? are there any norms ? why banks are accepting ADF in this project and why not in others ?

    Thanks & Regards,

    Mr. Sharma, Pune

  4. 4 Sharma said at 12:19 pm on August 5th, 2012:

    Before you buy or invest..

    http://ravikarandeekarsblog.blogspot.in/2012/08/XRBIA-Hinjewadi-Pune-Review.html

  5. 5 suhas patil said at 2:46 pm on August 5th, 2012:

    I am interested in this project. with group of 5 people.

  6. 6 Henry Gomez said at 4:41 am on August 6th, 2012:

    Nice one thank you for posting….

  7. 7 lifeSaver said at 9:44 am on August 6th, 2012:

    Its a SCAM. Please do not do this to yourself. They have managed to sell 4000+ units …I doubt even 1 being made.

    Please help spread the word.. save these people !

  8. 8 jeevan said at 11:13 am on August 6th, 2012:

    it;s a nice project & also township project
    but location is not good

  9. 9 Digital Boy said at 4:12 am on August 8th, 2012:

    I have seen the show flat. Its very tiny. You can’t even plan any thing in bedroom except sitting with your spouse :-) . No place for even queen size bed. If you put a bed you can’t move in the room. No place for cupboards. Wash basin in wash room is so small that if you wash your face the water will spill on floor.
    It looks like One Room + Kitchen flat converted to One BHK. Not worth according to me.

  10. 10 sam said at 5:35 am on August 8th, 2012:

    Guys — please check the paperwork of Eiffel — they have only farmhouse plot approval and the documents clearly state that construction can only be for commercial use and for IT only. please be very careful .. check the paperwork on land.

  11. 11 WellWisher said at 10:44 am on August 8th, 2012:

    Its not a cheap that you feel at a first sight as it cost around 3250 per sqft. But of-course the budget is affordable due to lesser area covered per flat.

  12. 12 Sharad joshi said at 10:50 am on August 8th, 2012:

    Source: Ravi Karandeekar’s blog.

    A Full-on Money-sucking Operation:

    I don’t know how to thank Mr. Rahul Nahar, the primary shareholder, & Chief Executive Officer of XRBIA Developers Ltd.

    I am completely impressed with his full-on money-sucking operation designed to string together all those so called investors in Pune real estate market for an indefinite time. I hope, Mr. Rahul Nahar will hold them till they are completely sucked dry and will never ever think about investing in real estate.

    Mr. Rahul Nahar, by launching this full-on money-sucking operation, you are removing those scumbags – Pune real estate investors – who help the builders to hike the property prices and make housing un-affordable for the actual home-buyers.
    “There’s a sucker born every minute”

    I admire you, Mr. Rahul Nahar, for inaugurating your full-on money-sucking operation at Dubai & London. I am sure you will go to every city on the planet where NRI real estate investors, the biggest suckers of Pune real estate live.

    At home, I thank you for targeting Mumbaikars, before opening your full-on money-sucking operation at Pune. Certainly, Mumbaikars are soft targets with deep pockets.

    You know what? Mr. Rahul Nahar, in a short period of time, for sure, you are going to replace Mr. Subrata Roy, managing worker and chairman of Sahara India Pariwar. Though, Sahara Swapna City is coming at 366 cities in India, for sure, your XRBIA at 14 cities will suck more money out of Indian real estate market. Certainly, lot more thanTanaji Malusare City at Karjat, Tata Housing Development Co. Ltd., Janaadhar Constructions Pvt. Ltd., Value and Budget Housing Corp. Pvt. Ltd. (VBHC) and Usha Breco Realty Pvt. Ltd.

    No. I am not saying this because you are from Pune. I am saying this because I know well that over the years, as a land developer, you have mastered the skills of running full-on money-sucking operations.

    In the last 12 years, you have sucked dry more than 3,000 investors in your plotting schemes under different names. Starting with Riddhi Siddhi Developers in a small office in Patil Plaza, near Mitra Mandal Chowk and graduating at Mantri House on F.C. Road as Eiffel Developers & Realtors Ltd.
    A Classic Sucker Punch:

    In fact, there is no need to look at your track record. Your launch offer proves your mastery in running full-on money-sucking operations. You know? Truly, the launch offer of XRBIA Hinjewadi is a classic sucker punch.

    No Pune real estate investor came to know when you blew their brains out with the property prices at XRBIA, at Nere Dattawadi, on Marunji Road, approximately 7 kilometers from KPIT Cummins at Hinjewadi – 1 BHK Smart Flat for Rs. 8,98,000 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) – 1 BHK Luxury Flat for Rs. 11,76,400 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) – 2 BHK Flat for Rs. 15,48,000 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %) – 3 BHK Flat for Rs. 21,49,250 + Stamp Duty (2.5 %) + Registration Charges (1 %) + VAT (1 %) + Service Tax (3.09 %).
    A Sucker’s Deal:

    Now these brainless monkeys – who don’t understand what a high property rate they are paying and don’t realize that it’s obscene to pay Rs. 3,00,000 for Club Charges, Meter Charge, Legal Charges and other Infrastructure Cost – are not in a position to understand what a sucker’s deal you have pooled of!! Now, as per your 20:80 payment terms, at the time of booking – these stupid people will not only pay you their 20 per cent own contribution but they will give you remaining 80 per cent home loan too.

    It means that, even if you book only 100 flat of each type, you will collect Rs. 57,71,65,000. More than whatBrick Eagle has invested in XRBIA Hinjewadi. No wonder they are giving you 200 crore. Certainly, not because of your land bank – but because of your skills to run full-on money-sucking operation.

    Mr. Rahul Nahar, after you get 100 per cent down payment, please, hold those 10,000 stupid ‘real estate investors’ on a tight leash for the rest of their lives. As you have hold the plot holders of Silicon City. Since, you announced XRBIA on the 1st & 2nd phase ofSilicon City, the poor guys are reading their agreements again and again and wondering what is going to happen to their plots.
    Big Fish Eats Small Fish:

    Honorable Mr. Rahul Nahar, roping in Architect Hafeez Contractor is no doubt a brainy idea. After the 45,000 Crore Hiranandani Gardens Powai Land Scam, you need guts to use Hafeez Contractor as a bait. After all he has designed those luxurious apartments for the rich where the builder has agreed to built 3,000 flats – 1500 flats of 400 square feet and 1500 of 800 square feet – for the Lower Income Group and Middle Income Group.

    Presence of Architect Hafeez Contractor in the ad of XRBIA will keep on reminding all that housing for the financially weaker members of society is a gold mine. If you want to prosper in life, you have to exploit it as much as you can.

    Mr. Rahul Nahar, your message is inspiring. If someone can rule India for generation by announcing “Garibi Hatao”, why middle class IT Professional in Hinjewadi should shy away from exploiting anyone who is financially less strong than him? Earning property appreciation is not a sin. Big fish eats small fish. Right?
    A Dark Side of a Human Mind:

    An opportunity to exploit and reap profits – is your product at XRBIA. Like fulfilling basic animal lust for land – was your product in your plotting schemes. A flat or a plot is an incidental byproduct. No builder has ever understood this. There is only one Rahul Nahar who can understand the dark side of a human mind and use it to run a full-on money-sucking operation after operation.

    My dear Mr. Rahul Nahar, I am more than happy to know that, in the next couple of years you are going to suck money out of 10,000 Pune real estate investors. In fact, I am sure, every home buyer in Pune real estate market will be grateful to you for eradicating these social-criminals – these so called Pune real estate investors – by launching XRBIA Hinjewadi. So, thanks a lot, congratulations, and best wishes for your full-on money-sucking operation.

  13. 13 LandMaster said at 11:29 am on August 8th, 2012:

    Useful link : http://xrbia.com/site/projects-now-selling-legal-documents.php#

  14. 14 Rajan A.Lonkar said at 12:26 pm on August 8th, 2012:

    I want to purchase a 2 bhk flat in xerbia

  15. 15 vikram said at 9:20 am on August 9th, 2012:

    Its total zool project , please do not attract with pricing.

    IT people save your money for good projects

  16. 16 Nishant said at 9:10 pm on August 9th, 2012:

    Hello,

    XRBIA is discussed all over internet :) Found this interesting contest offered by XRBIA.

    Present of XRBIA – Win 1 BHK flat.

    Not sure how much of this is true. But good publicity stunt.

  17. 17 ujjal singh dhawan said at 5:23 am on August 10th, 2012:

    PLEASE ADVISE THE COMPLETE DETAIL OF THE PROJECT VIZ. BASIC PRICE+OTHER EXPENSES, OTHER AMINITIES CHARGES.WHAT IS 20-80 SCHEME

  18. 18 Ajit Kankariya, Pune said at 8:43 pm on August 10th, 2012:

    Be aware of such projects. We are 1000 plus flatholders invested in Ackruti Countriwoods, Katraj-Kondhawa Rd, Pune project. Still after 19 months after given possession date, not a single flat goes for possession!

  19. 19 Mahadeo said at 5:13 am on August 11th, 2012:

    Hey guys , here nobody is really talking about the sizes of the rooms in the plans,… 1BHK – Bed room -7′-7″ X 6′-7″ —guess how you put double bed in this room and also have some space for moving around? Do you don’t need atleast 5′-0″ X 6′-0″ size bed for couple? Next Living Hall- towards balcony the size of hall is 4′-7″ –less than size of a small bathroom in normal flat. Plz Imagine space available, where sofa and TV set placed. You don’t have more than 5 to 6 feet ..Out of that you need atleast 2′-6″ space for Sofa then you have only 4 feel left between your TV and your eyes..Just Imagine…. Lets Talk about Kitchen- 4′-7″ width–you need at least 2 feet for kitchen otta..then you left 2′-7″ in which woman have to move…Imagine if any woman have little extra pounds …Same is Case with 2BHK and 3 BHK fltas….. Ohh my god ..first phaze have been sold out…. It proved that how stupid we Indians are.

    http://www.xrbia.com/site/uploads/colorbox/l/unitplans-1-2.jpg

  20. 20 Dantale K said at 9:24 am on August 27th, 2012:

    Is this project approved by Goverment i.e.
    a. Environmental Clearance received.
    b. Layouts are approved by Townplanning
    c. From where project is going to get water : by Tanker…..? as not falling under MIDC & PMC limit…..
    d. Layouts looks like not to scale as usally kitchen oota is 2’3″ & kitchen shown is of 4’7″…… means 2’4″ left after kitchen oota….its very tough to move in kitchen & incase of any emergeny… can anybody imagine what will happen in kitchen…
    e. About Storage facility… may be common storage facility in parking or somewere else…?
    Best of Luck to all Buyers for there Lively and treamendous support.

  21. 21 Manoj said at 11:23 am on August 28th, 2012:

    Guys no need to take tension if ur not buy…do ur work and enjoy…….

    these flats are for those people who are still dreaming for the flats….

  22. 22 Rahul V said at 4:50 am on September 3rd, 2012:

    I want to purchase a 2 or 3 bhk flat in xerbia


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