The Crown Greens Plot 7 Phase 2 A, Hinjawadi

The Crown Greens Plot 7, Phase 2A is a residential project by International Biotech Park Limited (developed under the TCG Real Estate brand), located within the International Biotech Park, Rajiv Gandhi IT-BT Park, MIDC Phase 2, Hinjewadi, Pune, opposite Wipro and near Rajiv Gandhi Infotech Park.

The project offers 2 BHK and 3 BHK homes as part of the broader Crown Greens development, with the developer having a track record of delivering 0.5 msf of residential area totalling 400 units, developed in two phases.
ICRA Limited

Backed by ready lifestyle amenities and smart home features, including 24/7 electricity, gas, Wi-Fi, swimming pool, and gymnasium, from International Biotech Park Limited — a joint venture between TCGUIH and Wipro-adjacent stakeholders, part of the TCG Group with legacy across real estate, infrastructure, biotechnology, financial services, manufacturing, and lifestyle services.

Pricing: On request

Possession: 31/12/2028
MahaRERA No.: PR1261012600220

Explore Locality

Situated in the well-established, premier IT corridor of Hinjewadi Phase 2, The Crown Greens Plot 7, Phase 2A is positioned within the International Biotech Park campus itself, offering residents unmatched proximity to major IT and biotech companies. Hinjewadi Phase 2 is one of Pune’s most sought-after locations for professionals seeking minimal commute times.

1. IT & Business Hubs

Rajiv Gandhi Infotech Park, Hinjewadi (within the same campus)
Opposite Wipro
International Biotech Park itself (walk-to-work convenience)

2. Education

Reputed schools within Hinjewadi Phase 1 & 2
Symbiosis Infotech Campus

3. Healthcare

Ruby Hall Clinic, Hinjewadi
Lifepoint Hospital
Sanjeevani Hospital

4. Retail & Leisure

Xion Mall
Vision One Mall

5. Connectivity

Strong connectivity towards Wakad, Baner, Aundh, Pashan, and Ravet
Mumbai-Pune Expressway (~5 km)
Nearby Hinjewadi Metro station
Pune Railway Station (~20 km); Central Business District, Shivaji Nagar (~22 km)

✅ Positive Aspects

1. Trusted Developer Group
Developed by International Biotech Park Limited under the TCG Real Estate brand, backed by TCG Group’s legacy across real estate, infrastructure, biotechnology, financial services, manufacturing, and lifestyle services.

2. Unmatched Workplace Proximity
Located directly within the International Biotech Park campus, opposite Wipro, offering a rare “live-where-you-work” convenience for IT and biotech professionals.

3. Proven Delivery Track Record
The developer has already delivered 0.5 msf of residential area totalling 400 units across two phases, with early possession given to 1,600+ residences to date.

4. Ready Lifestyle Amenities
Residents enjoy 24/7 electricity, gas, Wi-Fi, swimming pool, and gymnasium — practical, everyday conveniences valued highly by residents.

5. Strong Connectivity
Excellent access to Wakad, Baner, Aundh, Pashan, Ravet, Talegaon, and the Mumbai-Pune Expressway, along with proximity to the Hinjewadi Metro station.

6. RERA Registered
Complete transparency and buyer protection guaranteed under MahaRERA registration (P52100001864).

7. Established Community Reputation
Rated 4.1/5 based on 668+ customer reviews, reflecting genuine resident feedback and a mature, lived-in community environment.

❌ Considerations

1. Limited Public Pricing & Floor Plan Data
Unlike newer projects, detailed carpet areas and pricing specifically for Plot 7, Phase 2A aren’t publicly listed — buyers will likely need to engage directly with TCG’s sales team for this information.

2. Multi-Plot, Multi-Phase Complexity
Since The Crown Greens spans several plots (Plot 7, Plot 17, etc.), it’s important to confirm which specific plot/phase and RERA registration applies to your unit.

3. Resale Challenges Reported
Some resident reviews mention difficulty in reselling TCG Crown Greens flats, which is worth factoring into your long-term investment and exit strategy.

4. Broker & Deposit Refund Issues
A few reviews cite poor response regarding deposit refunds and issues with plumbing work and seepage in some flats, worth investigating further with current residents or during a site visit.

5. Modest Financial Indicators
The developer has shown low occupancy (~50%) on its commercial office portfolio and modest debt coverage indicators, with estimated DSCR below 1x for FY2025 — worth understanding how this may affect project execution or long-term company stability.

6. Distance from City Center
At approximately 20-22 km from Pune Railway Station and Shivaji Nagar (Central Business District), daily commutes to central Pune can be lengthy despite strong local IT-hub connectivity.

7. Construction & Maintenance Quality
Reported plumbing and seepage issues in some flats suggest it’s worth doing a thorough inspection of construction quality during your site visit, especially for older completed phases.

⚠️ Factors to Evaluate

1. Developer Due Diligence
Verify International Biotech Park Limited’s (TCG Real Estate) financial standing given reported modest debt coverage indicators, and review their overall delivery track record across all Crown Greens phases.

2. RERA Verification
Confirm the exact RERA registration applicable to Plot 7, Phase 2A directly on the MahaRERA portal, including approved plans, timelines, and any past complaints.

3. Carpet Area & Pricing Confirmation
Since detailed floor plans and pricing weren’t publicly available, get the complete price sheet and unit specifications directly from TCG’s sales team at the International Biotech Park.

4. Construction Quality Check
Given reported plumbing and seepage issues in some existing flats, conduct a thorough physical inspection of the specific unit and building before finalizing.

5. Possession Timeline
Clarify the exact construction status and expected handover date for Plot 7, Phase 2A specifically, since the newest tower is described as “moving closer to completion.”

6. Payment Plan & Booking Terms
Assess the payment schedule, booking amount, and refund/cancellation policies — paying close attention given some reviews mention deposit refund concerns.

7. Amenities & Maintenance Charges
Review the complete amenities list and understand post-possession maintenance costs for this established, multi-phase development.

8. Connectivity to Workplace
Evaluate proximity to your specific workplace, especially valuable if you work within the International Biotech Park or nearby Hinjewadi IT companies.

9. Resale & Liquidity Potential
Given reported resale challenges, research current resale market activity and pricing trends for Crown Greens units before committing, especially if investment/exit flexibility matters to you.

10. Comparative Market Pricing
Compare pricing and specifications against similar established or new-launch projects in Hinjewadi, such as Lodha Sylvan, Lodha Panache, or Landmarc.

11. Loan Eligibility
Confirm bank approvals and loan eligibility for this specific plot/phase with your preferred lender.

12. Site Visit & Resident Feedback
Visit the site personally, inspect existing completed units for construction quality, and speak with current residents to validate online reviews before finalizing your decision.

Should You Buy

Consider buying if:

You want unmatched workplace proximity — living directly within the International Biotech Park campus, opposite Wipro
You value a developer with a proven delivery track record, having already handed over 1,600+ residences
You prioritize ready, functioning amenities (24/7 electricity, gas, Wi-Fi, pool, gym) over new-launch promises
You trust the TCG Group’s broader legacy across real estate, infrastructure, and other sectors
You’re an end-user seeking a mature, lived-in community with established social infrastructure (4.1/5 rated by 668+ reviews)
You’re comfortable engaging directly with TCG’s sales team for specific pricing, since detailed figures aren’t publicly listed

Think twice if:

You’re an investor prioritizing liquidity, given some reported challenges in reselling Crown Greens flats
Construction quality is a top concern, since a few reviews mention plumbing and seepage issues in existing flats
You want full transparency on pricing and floor plans upfront, since Plot 7, Phase 2A-specific details require direct developer engagement
You’re cautious about developer financial health, given reported modest debt coverage indicators and ~50% commercial occupancy for International Biotech Park Limited
You need fast, responsive after-sales service, given some feedback on slow broker/deposit refund communication
You want a shorter commute to central Pune, since Shivaji Nagar and Pune Railway Station are a considerable 20-22 km away

FAQ

1. Who is the developer of The Crown Greens Plot 7, Phase 2A?
The project is developed by International Biotech Park Limited, under the TCG Real Estate brand.

2. Where is The Crown Greens Plot 7, Phase 2A located?
It’s located within the International Biotech Park, Rajiv Gandhi IT-BT Park, MIDC Phase 2, Hinjewadi, Pune, opposite Wipro.

3. What configurations does The Crown Greens offer?
The broader development offers 2 BHK and 3 BHK homes; specific carpet areas for Plot 7, Phase 2A should be confirmed with the developer.

4. What is the starting price of The Crown Greens Plot 7, Phase 2A?
Pricing isn’t publicly listed for this specific plot — it’s best to get the official price sheet directly from TCG’s sales team.

5. What is the RERA number of The Crown Greens?
The project is registered under MahaRERA No. P52100001864.

6. When is the possession date for The Crown Greens Plot 7, Phase 2A?
The newest tower is described as moving closer to completion, offering a shorter wait than many new launches — confirm the exact date with the developer.

7. How many units has The Crown Greens delivered so far?
TCG has already given early possession to 1,600+ residences, with a track record of delivering 0.5 msf of residential area (400 units) across two phases.

8. What amenities does The Crown Greens offer?
Amenities include 24/7 electricity, gas, Wi-Fi, a swimming pool, and a gymnasium, along with ready lifestyle and smart home features.

9. Is The Crown Greens a good investment?
It offers genuine workplace-adjacent living with a proven delivery track record, though some reviews flag resale challenges and construction quality concerns worth investigating before deciding.

10. How far is The Crown Greens from Rajiv Gandhi Infotech Park?
It’s located within the same International Biotech Park campus, offering exceptional proximity to major IT and biotech companies.

11. What schools and hospitals are near The Crown Greens?
Nearby options include schools within Hinjewadi Phase 1 & 2, and hospitals like Ruby Hall Clinic (Hinjewadi) and Lifepoint Hospital.

12. Is The Crown Greens connected to public transport/metro?
Yes, the nearby Hinjewadi Metro station serves the area, along with strong road connectivity to Wakad, Baner, Aundh, and Ravet.

13. Are there multiple plots/phases within The Crown Greens?
Yes — the development spans several plots (Plot 7, Plot 17, etc.) registered under the same overall RERA number, so it’s advisable to confirm which specific plot/phase applies to your unit.

14. What do current residents say about The Crown Greens?
The project holds a 4.1/5 rating from 668+ reviews, with residents praising amenities and connectivity, though some also note resale difficulties and maintenance-related issues.

15. Can NRIs or first-time homebuyers invest in The Crown Greens?
Yes, RERA-registered projects like this are commonly bought by both NRIs and first-time buyers, though it’s advisable to check loan eligibility, bank approvals, and confirm pricing/construction status before booking.