Rohan Abhilasha: The Ready-to-Move Advantage in Tathawade
In a market full of under-construction projects, a completed Rohan Abhilasha flat offers a different proposition: no execution risk, immediate rental income, and physical verification before purchase. For conservative buyers or investors who need immediate cash flow, this matters.
Project Overview
| Parameter | Details |
|---|---|
| Developer | Rohan Builders & Developers |
| Location | Tathawade, Pune (near Wakad junction) |
| Status | Completed — Ready to Move |
| Configuration | 1 BHK, 2 BHK |
| Possession | Obtained (verify OC/CC from developer) |
| Municipal | PCMC (Pimpri-Chinchwad Municipal Corporation) |
Location Advantages
| Destination | Distance | Commute |
|---|---|---|
| Wakad offices (Business Bay) | 2–3 km | 7–12 min |
| Hinjewadi Phase 1 IT Park | 4–6 km | 12–20 min |
| Hinjewadi Phase 3 | 3–5 km | 10–18 min |
| Pimpri-Chinchwad MIDC | 9–12 km | 22–30 min |
| Mumbai-Pune Expressway | 3–5 km | 8–12 min |
Tathawade-Wakad junction area (where Abhilasha sits) is one of the better-connected micro-zones in west Pune — equidistant between Hinjewadi and Wakad employers.
Configuration & Pricing
| Configuration | Carpet Area | Resale Price Range | All-In (7% SD, 1% reg) |
|---|---|---|---|
| 1 BHK | 450–550 sqft | ₹44L–58L | ₹47L–62L |
| 2 BHK compact | 700–800 sqft | ₹65L–78L | ₹70L–83L |
| 2 BHK standard | 800–950 sqft | ₹76L–95L | ₹81L–1.02 Cr |
Resale prices — individual sellers; negotiate 5–8% depending on urgency
What to Check Before Buying Resale Abhilasha
Because this is a resale (not direct from builder), due diligence is crucial:
1. OC (Occupancy Certificate): Confirm the building received its OC from PCMC. No OC = illegal occupation; home loan may be refused. Request a certified copy.
2. Property tax dues: Get a PCMC dues clearance certificate. Resale in Maharashtra requires zero outstanding property tax.
3. Society NOC: Obtain No Objection Certificate from Tathawade cooperative housing society. Required for registration.
4. Home loan liability check: If the seller has an active home loan on this flat, the bank must issue a NOC + discharge of mortgage before you can register. Coordinate between seller’s bank and your bank.
5. PCMC building plan: Verify the flat’s area matches the approved building plan. Encroachments (converting balcony to bedroom, etc.) need to be regularised.
6. Encumbrance certificate: 30-year search from Sub-Registrar office showing no existing mortgages, disputes, or attachments.
Rohan Builders: Track Record Assessment
Founded: 1993 (30+ years in Pune)
Completed projects: 40+ projects across Pune, Goa, Bengaluru
Pune focus: West Pune (Bavdhan, Tathawade, Kothrud), South Pune (Hadapsar, Kondhwa)
Strengths:
- One of Pune’s most consistent on-time delivery records
- Quality construction — above-average for price point
- Clean legal documentation; few title dispute cases
- Good post-possession support
Review from resident communities: Generally positive on construction quality and common area maintenance. Occasionally criticised for delayed correction of snagging issues.
Verdict: Rohan is a Tier 1 Pune developer whose completed projects hold value well. Abhilasha being a finished Rohan building is a mark of quality assurance.
Ready-to-Move vs Under-Construction: The Math
For a ₹78L 2 BHK Abhilasha (resale, RTM) vs a ₹75L 2 BHK new launch (under construction, 18-month delivery):
| Factor | Abhilasha (RTM) | New Launch (UC) |
|---|---|---|
| Price | ₹78L | ₹75L |
| Pre-EMI during construction | ₹0 | ₹50,000/month × 18mo = ₹9L |
| Rental income during construction | ₹26,000/month × 18mo = ₹4.7L | ₹0 |
| Net effective cost (18mo) | ₹78L | ₹75L + ₹9L - ₹0 = ₹84L |
| Effective cost advantage (RTM) | ₹6L cheaper |
Despite the ₹3L lower sticker price on the new launch, the ready-to-move is economically better when accounting for pre-EMI cost and lost rental income during construction.
Rental Analysis
| Unit | Monthly Rent | Annual Rent | Gross Yield (on ₹78L buy) |
|---|---|---|---|
| 2 BHK unfurnished | ₹24,000–28,000 | ₹2.88–3.36L | 3.7–4.3% |
| 2 BHK furnished | ₹30,000–36,000 | ₹3.60–4.32L | 4.6–5.5% |
| 2 BHK corporate | ₹33,000–40,000 | ₹3.96–4.80L | 5.1–6.2% |
Corporate lease (IT company accommodation for employee) is the highest-yield option for Tathawade — given the Hinjewadi Phase 1 employer base. Requires furnishing investment of ₹3–5L but delivers 5–6% gross yield.
FAQs
Q: Is home loan available on Rohan Abhilasha resale? Yes — all major banks (SBI, HDFC, ICICI, Axis) offer home loans on resale properties in established societies with clear OC. Rohan Abhilasha’s PCMC-approved OC and Rohan’s reputation make this a clean case for home loans. LTV: typically 75–80% of market value.
Q: Can I do interior modifications to Rohan Abhilasha flat? You can do internal modifications (flooring, kitchen, walls) without structural changes. Structural modifications (removing load-bearing walls, modifying balcony structure) require society and PCMC permission. Standard practice: change flooring, modular kitchen, paint, and electrification freely.
Q: How is the water supply in Tathawade / Rohan Abhilasha? PCMC water supply to Tathawade is generally adequate but like most PCMC areas, depends on tanker supplement during summer (April–June). Rohan Abhilasha buildings have water storage (sump + overhead tank) to manage intermittent supply. Check with current residents about specific building’s water situation.
