The property prices in Hinjewadi keeps changing and if someone is interested in investing in any location must study the real estate market movement. The below price trend section will help a investor to understand ever changing property prices in Hinjewadi, Pune. Pune Real Estate has grown tremendously in the past few years due to various factors. Known for its 500 acre Rajiv Gandhi InfoTech Park loc...
Baner the suburb of Pune situated off Katraj-Dehu Street by pass has been popular for properties and is quickly developing from recent years. Encompassed by Pashan in south, Balewadi in west and Aundh in west. Because of nearness to Hinjewadi IT Park and simple access to Mumbai Expressway by means of Mumbai-Bangalore parkway Baner has been popular. Planned infrastructure, fast urbanization and gigantic advancements have by and large made Baner deserving of speculation. Why should s...
Bavdhan is suburb of Pune, India. It is situated off the Mumbai-Bangalore national roadway, by-passing Pune city. Bavdhan road serves as the principle approach road for Mumbai-Pune turnpike and close Chandani Chowk. Bavdhan is circumscribed by Pashan in north, Sus town on west, NDA saved woods range in south and Kothrud in east. Bavdhan is for the most part a private suburb of Pune and is quickly developing in the most recent one decade. The rural area is settled in the midst of three slo...
Kharadi, the growing IT hub of East Pune, has made quite a strong buzz in the last decade. From an isolated, distant locality on the Pune – Ahmednagar Highway to one of the most promising and sought after residential as well as business zones, the transformation of Kharadi has been awe-inspiring. Undoubtedly, EON IT Park and World Trade Centre have acted as huge catalysts in this accelerated growth of Kharadi, giving way to development of wide roads, recreational and commercia...
An upcoming residential locality, Keshavnagar has been the primary focus of reputed builders over the last couple of years. Strategically placed between the IT zones of Pune, Kharadi and Magarpatta and with roads connecting directly to Koregaon Park, Keshavnagar is going to be a changed landscape in a few years’ time. There are many upcoming residential real estate properties in Keshav Nagar, Pune. The average basic price of properties...
To anyone who is not new to Pune, Kalyani Nagar needs no introduction. Always known to be a quiet and peaceful residential zone, KLN, as it has come to be called is one of the most premium localities in Pune with luxury spaces being designed by prestigious builders for the elite class. Recreational hubs, educational institutes, residential spaces with ample green cover and easy connectivity to almost all civic facilities, KLN is indeed the complete package that it is ad...
The property prices in Hinjewadi keeps changing and if someone is interested in investing in any location must study the real estate market movement. The below price trend section will help a investor to understand ever changing property prices in Hinjewadi, Pune. Pune Real Estate...
Baner the suburb of Pune situated off Katraj-Dehu Street by pass has been popular for properties and is quickly developing from recent years. Encompassed by Pashan in south, Balewadi in west and Aundh in west. Because of nearness to Hinjewadi IT Park and simple access to Mumbai Expressway by means of Mumbai-Bangalore parkway Baner has been popul...
Bavdhan is suburb of Pune, India. It is situated off the Mumbai-Bangalore national roadway, by-passing Pune city. Bavdhan road serves as the principle approach road for Mumbai-Pune turnpike and close Chandani Chowk. Bavdhan is circumscribed by Pashan in north, Sus town on west, NDA saved woods range in south and Kothrud in east. Bavdhan is f...
Kharadi, the growing IT hub of East Pune, has made quite a strong buzz in the last decade. From an isolated, distant locality on the Pune – Ahmednagar Highway to one of the most promising and sought after residential as well as business zones, the transformation of Kharadi has been awe-inspiring. Undoubtedly, EON IT Park and Worl...
An upcoming residential locality, Keshavnagar has been the primary focus of reputed builders over the last couple of years. Strategically placed between the IT zones of Pune, Kharadi and Magarpatta and with roads connecting directly to Koregaon Park, Keshavnagar is going to be a changed landscape in a few years’ time. There are m...
To anyone who is not new to Pune, Kalyani Nagar needs no introduction. Always known to be a quiet and peaceful residential zone, KLN, as it has come to be called is one of the most premium localities in Pune with luxury spaces being designed by prestigious builders for the elite class. Recreational hubs, educational instit...
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India, the fifth largest economy in the world, is also the fastest growing trillion-dollar economy in the world. In the Union Budget announcement for the F.Y. 2020-21, the Finance Minister, Nirmala Sitharaman envisioned India to be a five trillion dollar economy in the coming years and will be powered by technology. The FM’s theme for the F.Y. 2020-21 is aspirational India, economic development and caring society. The Union Budget envisions India to be one of the most preferred destinations for education in the world. Expansion of educational facilities demands infrastructural development, which in turn urges the growth of the realty sector. All of these factors are interdependent. On February, 1st, 2020, some key announcements were made that will impact the realty sector and its other dependent/interdependent factors. Let us take a look at these factors. As per a report by the Economic Times, the key highlights of the Union Budget are as follows: For Affordable Housing Rs 1.5 lakh additional deduction on interest rate to be extended by a year for affordable housing loans to incentivize the sector Tax holiday for developers of affordable housing to be extended by a year Concession to real estate transactions Currently, while taxing income from capital gains, dismissed profits and other sources in respect of transactions in real estate, if the consideration value is less than the circle rate by more than 5 percent, the difference is counted as income both in the hands of the purchaser and the seller In order to minimize hardships in the real estate transactions, and provide relief to the sector, the limit will be increased from 5 percent to 10 percent Dhruv Agarwala, CEO of Housing.com, Proptiger.com, and Makaan.com said that this move can possibly make the transactions process of real estate seamless where the market rates are 5 to 10 percent below the circle rates as reported by the Financial Express. Infrastructure National Infrastructure Pipeline of Rs 103 lakh crores introduced on 31st December, 2019 National Infrastructure Pipeline would be used for construction of over 6,500 projects across different sectors These new projects include housing, safe drinking water, access to clean and affordable energy, healthcare for all, world-class education institutions, modern railway stations, airports, bus terminals, metros, railway transportations, logistics and warehousing, irrigation projects, etc. These projects will be classified according to their size and stage of development Rs 100 lakh crores to be invested on infrastructure in the next 5 years Rs 1.7 lakh crores will be given for transport infrastructure in 2021 which will accelerate the development of highways and in turn boost the realty sector. The infrastructural development will include the following: 2500 km of access control highways 9000 km of economic corridors 2000 km of coastal and land port roads 2000 km of strategic highways Delhi-Mumbai expressway and two other packages will be completed by 2023 Construction of Chennai-Bengaluru expressway would also be started Other Highlights 5 new smart cities will be developed by the Central and the State government in the coming years 100 more airports to be built by 2024 under the UDAAN scheme The FM proposed to monetize at least 12 lots of highway bundles of over 6000 km before 2024 Rs 22,000 crores to power and renewable energy sector for the year 2020-2021 The neighbouring areas of new airports and smart cities will demand development of residential and commercial spaces. This will include housing apartments, row houses, co-living space, co-working space, office space, supermarkets, retail stores, shopping and dining centres, healthcare centres, recreation zones, etc. As reported by Telegraph, Abhilash Pillai, Partner, Cyril Amarchand Mangaldas said, “More govt warehouses on govt land is a welcome step. It should be developed with state of the art facility under the PPP model and should have unhindered access. This will help in increasing production and sales. FCI & WCI can also lease out excess space available to private operators. More hospitals, educational institutions, and manufacturing facilities are expected to boost up the demand in the real estate and construction sector. Info on the land bank can be easily collated and made available if land titling legislation can be implemented across the country with the help of AI and digital governance. Technologically advanced States should be asked to help other States in implementing this. Incentives should be given to the States who are proactive in setting up an e-land bank. This will also help in completing the development of Smart Cities, PMAY – Urban & Rural.”