Pune Real Estate in the News

  • Apr 20, 17

Nitin Gadkari Readies Mumbai to Witness the Tallest Tower on the City Waterfront

The 163 storied Burj Khalifa (829.9 metres  which is about 2,722 feet)  in Dubai that has been considered as the tallest building in the world till date has now hit the news again. But, this time the reason is quite different! Nitin Gadkari, the current minister for shipping, highways and road transport, is all set to execute his plan for a tower that is reportedly going to be much taller than the wonder in Dubai. If everything goes according to the plan and the...
  • Apr 18, 17

Why You Should Invest in TCG The Cliff Garden

Looking for new investment? Offering you top-end lifestyle, TCG The Cliff Garden takes you to a complete different environ and transports you to a space of unbridled joy. Offering an array of 1 bhk & 2 bhk flats in Hinjewadi, Pune, the project layout bustles with every prospect that strives to give the buyers the best value for their money. Fraught with state-of-the-art features, TCG The Cliff Garden brings in enough vitality for all the residents in search of pristine jo...
  • Apr 13, 17

The Advantages of Buying a Property in the Wife’s Name

  Thinking of purchasing a home? Why don’t you buy it in your wife’s name? Especially, with the Government stating a number of benefits for female property buyers, buying a home in your woman’s name will actually get you through an array of benefits. However, purchasing property is never an easy task and in order to get the best deal on board, you need to consider a plethora of aspects among which the main facet to mull over is whether you should buy...
  • Apr 12, 17

Buying or Renting: What Should You Opt for?

Planning to shift in? Confused about the type of possession? While buying a house may give you a huge financial stability, renting a property may provide you with a fiscal flexibility. Still, when time comes to get your own place to live, purchasing a house is something that strikes people’s mind on the very first note. However, this post is going to give you a valuable insight about the same and help you with the process. When should you consider buying? Are you...
  • Apr 11, 17

Finance Options For NRI Home Buyers

Buying  home in India not only provides security but also involves emotional sentiment for every NRI. The Indian Government has taken fair steps to make it easy for the NRIs to invest in property anywhere in India. RBI has specified one does not has to have special permission to buy residential or commercial properties in India. The purchase can be only made through certain banking accounts like  NRE (non-resident external) account. A person who holds a NRE account...
  • Apr 07, 17

Looking For low Budget Homes In Pune Under 30 Lakh? Search For These Localities

Ready to move in? Looking for affordable yet comfortable homes at convenient locations? This post is going to provide you with enough information about the same. Wagholi If Viman Nagar, Koregaon Park or Kalyani Nagar have gone out of your budget, Wagholi, located in the east of Pune, can easily come within your range. With the growing infrastructure in Wagholi, it has not only emerged as one of the most hankered after locations in the city, but has also become one of th...
  • Apr 04, 17

Middle Income Groups are to Avail Preferences in Home Loan EMIs under Pradhan Mantri Awas Yojna

With the Prime Minister Narendra Modi coming up with a new set of EMI guidelines for the middle income groups, the home buyers have now seemed to find a new ray of hope to boost their cause. Under the norms of Pradhan Mantri Awas Yojna, people having an annual income of above Rs. 6 Lakh and Rs. 18 Lakh are now entitled for certain interest subsidy for their first home buy.  When the scheme has been named as Credit Linked Subsidy Scheme for the Middle Income Groups, so...
  • Apr 01, 17

Important Things to Consider while Writing a Will

Trying to make a will? Utterly confused? Writing a will is perhaps one of the most important decisions to make, When it needs a lot of pre-planning, it also requires a number of stratagems to be followed. At the same time, making a will would inevitably involve all your loved ones and help your beneficiaries avoid unnecessary hassles. Once a will is perfectly made, it is not only supposed to give you as well as your clan a peace of mind, but is also meant to secure your prope...
  • Apr 01, 17

Top Cities in India for Low Cost Living

Planning to move in? You might want to settle in some of the best cities in the country. But, would your earnings permit you to do so? At some point of time, you might have a thought like if only your pocket would let you follow your dream! However, there is no reason to get disheartened! There are a number of cities in India that can actually give you such low-cost living experience you hardly imagined. Here is a list of top 4 cities that will give you the maximum supply...
  • Mar 21, 17

Tips to Remember While Selling Your House

Planning to put your house on sale? Looking for the right buyers to get the best possible price? In order to get the same, you not only need to take an array of things into consideration, but should also take each of your steps quite thoughtfully. Apart from pricing the property correctly, you need to perk up the home’s aesthetics on the prime note, so that it can attract the buyers’ attention at the very first sight. However, this post is going to give you a soli...
  • Mar 16, 17

Govt Intends to Permit You to Withdraw 90 Percent of Your Provident Fund Amount to Buy New Flats

Planning to buy a new home? Perhaps, there couldn’t have been a better time than this! With the central Government planning to allow the provident fund holders to withdraw 90% of their savings at once, it has not only spread a ray of hope to all the home buyers, but has also eased up the home buying process to a significant extent. With this move, the centre will now enable around 4 crore members to use almost the total fund saved in their PF account and make down payme...
  • Mar 11, 17

Property Prices Fall across Top 8 Cities 

For the people looking for a good investment, it may be the perfect time! With the property prices showing a significant decline in the top eight cities, the home buyers have now seemed to heave a deep sigh of relief. Although there were a number of weird speculations over the fall of property prices post demonetization, still there has never been any major cry off in the outlay, and the core real estate sector actually stood tall against all the odds.  However, the cur...
  • Mar 08, 17

GST-A Relief to Real Estate Sector

GST - Goods and Services Tax got a constitutional amendment cleared by Rajya Sabha in the 2nd quarter of last financial year. To understand this first we would need to understand the current structure of taxes. Income tax which are levied upon companies profit come under central government. Indirect taxes are levied on consumption, Provision of services and manufacturing goods. Taxes on consumptions come directly under state government domain. Now to know what is the probl...
  • Mar 08, 17

Stamp Duty on Affordable Homes May be Exempted Soon

When the homebuyers are already excelling on the implementation of RERA act by May 1 and rejoicing on its optimistic note, another anticipation of the abolition of stamp duty on affordable homes have made them exult yet more. After M Venkaiah Naidu, the union minister for Urban Development and Housing, had asked the State Government for letting affordable houses off stamp duty, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has been ensur...
  • Mar 07, 17

RERA to Come into Effect by 1st May

When the onset of RERA (Real Estate Regulation and Development Act) was doing a significant round and the home buyers were counting on the optimistic note, it is finally going to be implemented by 1st May, putting an end to all the high anticipations. With a number of operational rules to safeguard the interests of the customers as well as the developers, the much awaited RERA act will be implemented with all the final rules from May 1. According to the chief officials of the...
  • Mar 07, 17

How Technology Has Helped Today’s Smart Homes

Looking for a new home? Or, thinking of renovating the old space? For both the reasons, the best thing you can do is take recourse to smart technology. It will not only redefine your home, but will also give it a new edge, in case you are looking for fine interior as well. Yes, the smart homes have now turned up! Here is a list of few top-end gadgets that will automate your house in no second and help you feel the height! Smoke detector – With the rec...
  • Mar 06, 17

The Nitty-gritty of Carpet Area, Built-up Area and Super Built-up Area

Are you going to buy your dream home? So, before you start your sojourn, getting aware of some of the essential real estate jargons like carpet area, built-up area and super-built-up area makes more than a perfect sense. So, when these intricate terms do fend off most of the home buyers and leave them clueless, it’s time for you to get a sound idea about this. Not knowing about these important idioms can always give the builders an easy chance to dupe you. However, givi...
  • Mar 04, 17

The best Guide for Kids’ Bedroom    

Well, when it comes to your Kid’s room, there is actually no rule to follow. Being jovial and cheerful, the children at your place deserve the best and you, as their mentor, have got to design their room quite tactfully. However, before you take the first step, you should always make sure, you leave enough space for them to discover new things and craft exclusive memories. Try to place something that glows enough to make them feel what they are- buoyant, jolly and me...
  • Mar 02, 17

All about REIT

Wondering about how REIT works? This post will provide you with some valuable insight about the same. Classified into two categories namely Equity REIT and Mortgage REIT, Real Investment Trust (REIT) is a venture that capitalizes the real estate sector to a great extent. It not only helps the home buyers invest in the A-grade properties, but also facilitates the shareholders with owning stocks. With this, the stockholders of REIT can now have a split of the income yielded fro...
  • Mar 01, 17

   A Guide to Choosing the Best Flooring for Your Interior

Bearing a lot of abuse, the floor in your house actually needs a good amount of care from your end.  Soiled and grimy shoes stock up in the gateway; the mud-caked feet dart trough the entire passage and even the playing equipments of the kids scuff through the dining quite frequently. So, in case you are looking for new flooring or thinking of buying new apartments in Pune, this post is going to help you to a great extent. Flooring has always got to play an important...
  • Mar 01, 17

GDP grows at an Alarming Rate of 7 Percent in Oct-Dec

After the much-hyped ban on the big currency notes by Modi Government, the GDP growth that was supposed to fall on a significant pace is now expected to rise at a shocking rate of 7.1 % in the current financial year. According to the Central Statistics Office, although the climb is quite slow-moving if compared to the 7.9% growth in 2015-2016, still this substantial improvement is likely to give the Modi Government the much required sinew to defend its move to ban the big not...
  • Feb 24, 17

The Best Fabric Guide for Your Interior

Have you moved to a new place? Thinking of innovative ways to perk up the interior? Then, before you do anything, always make sure that you have a wide variety of fabrics to play with. Fabrics always play an important role to create the perfect vibes and if you are all set to transform your living space to a new height, getting the right fabric is something you should consider on the prime note. Be it a simple table cloth in the dining or a cushion cover in the living room, a...
  • Feb 24, 17

 How Would Pune Election Result Benefit the City’s Development

  As soon as the result of corporation election hit the platform yesterday, it has not only put down a surge to the entire Pune, but has also left the citizens with an end number of speculations regarding the development of the city. All the corporators who have won around 162 seats will now possibly be busy in developing the infrastructure of Pune to a significant extent. Also, with every corporator getting a minimum of 1.2 crore financial statement/annum for the dev...
  • Feb 22, 17

European Union Invites Indian Skilled Professionals

With the Trump’s administration imposing huge uncertainty over H-1B visa, when the temporary foreign workers are deep merged into trouble, the European Union’s call for more skilled professionals from India has not only infused a ray of hope to the entire nation, but has also made them elate over the same. The unresolved EU India trade and investment pact that was pending from both the sides has been regretted over by a deputation of European Parliament’s Co...
  • Feb 10, 17

Subsidies for the First Time Home Buyers

With the Government coming with new subsidies for the home buyers, it has spurred the real estate market to a significant extent. The chunks will be effective for a term of up to 20 years instead of 15 years as it was before. Although there are different rates announced for the subsidies, still this emphatic move is expected to be nothing but a gala news for the home buyers. As per the new announcement, the buyers having an income of up to 18 Lakh per year will get a sub...
  • Feb 07, 17

Tips and Tricks to Design Your New Home

  Tired of the same age old designs at your home? Are you looking for exclusive ideas to perk up the interior? You have come to the right page, then! This post is going to give you some of the best home decorating tips that will not only improve the space, but will also transport you into a completely different world.    A good apartment with a good interior is always part of a good plan and for this, you need a keen eye for detailing. However, some uniqu...
  • Feb 03, 17

Highlights of Union Budget2017

There will be an inflation of 34% in Direct Tax collection post-demonetization. The holding period for the yet-to-be-launched properties will be reducedto two years. The MAT credit can be carried forward for 15 years instead of 10 years. The companies having a turnover below 50 Crores will be liable for 5 % tax exemption. Cash transactions above 3 Lakh will not be accepted from the buyers’ end. The buyers having an income of less than 5 Lakh will have to pa...
  • Feb 02, 17

January Property Registrations Have seen a Significant Rise in the State

  After demonetization had hit the country by November, 2016, it took no time to engulf the market with a number of weird speculations. And, the real estate sector was one of those major industries that got highly affected by the move.   However, the much-awaited presentation of union budget has now showed a different scenario, stating the rise of property registrations in Maharashtra. Although the daily property registrations in the state experienced a d...
  • Feb 02, 17

The Impact of 2017 Union Budget on the Home Buyers

  With all the weird speculations over the fall of property prices waning off gradually, the home buyers looking for a good investment have not only found 2017 quite apt for this, but have also procured a greater peace of mind. India has one of the fastest growing real estate market and with the union budget paving in the scenario with a lot of benefits for the investors, it has actually been extremely beneficial for the entire real estate industry. Along with a...
  • Jan 30, 17

Hadapsar Rail Terminal Brings in Enough Respite to the City

With the Central Railway’s Pune division coming with the decision to initiate the work on Hadapsar rail terminal very soon, it has spread a gush of relief to the entire city. According to a number of reports, the work on the same will start just in a couple of months, with an expectation to be finished in a year. An approximation of Rs. 23.94 crore has been estimated for its execution and with the rail way board sanctioning the proposal; it has again spread a lot of hop...
  • Jan 24, 17

The New Development Control (DC) Rules Spread Hopes to the Entire City

With the State Government putting more emphasis on Floor Space Index (FSI) in the new construction plans, people looking for additional spaces in their homes have found this initiative as nothing but a bliss. All set to boost up the new construction projects, the DC rules have been implemented to perk up the living experience of the citizens to a significant extent without changing the basic  infrastructure of the civic body. From executing the Pune metro project to e...
  • Jan 21, 17

New DCR Rules Pave the Way for Eco-friendly Buildings

With the State Government introducing new DC rules yesterday and putting more stress on FSI increase, it has not only brought in a new measure to the construction plans, but has also ascertained the stability of real estate sector to a significant extent. Buildings with one FSI are proposed to be replaced by four FSI zones. Besides, offering three to seven per cent incentives on the basic FSI, the Government has made the plan even more lucrative to the home buyers as well as...
  • Jan 18, 17

The Real Estate Scenario in 2017

Will 2017 Be a Good Year for the Property Buyers? Well, this is the common question that has started bothering a number of home buyers who are planning for an investment soon. Especially, with demonetization hitting the platform in the recent past, it has become even a greater concern for people and the home buyer aspirants have now been crazy over knowing about the impending prospects of investment in 2017. Though the last year was quite harsh for the property buyers,...
  • Jan 13, 17

   BHIM App- Its Advanced Features and Benefits

      After the Prime Minister Narendra Modi announced the launch of BHIM (Bharat Interface for Money) app on 31st December, 2016, it seems to surpass all the UPI (Unified Payments Interface) based applications instigated till date. Since the commencement of the UPI app on August, 2016, an array of similar apps had made their emergence, with an aim to make digital transactions way much simpler and easier. However, some unique and special features...
  • Jan 11, 17

Subvention Scheme - A Sales Gimmick or a Boon

  With the latest form of financial scheme paving in the scenario, the home buyers have now seemed to get more fascinated to avail new home loans. One of the most common ways the builders attract the property investors is by introducing several off-center strategies and subvention scheme is one of such innovative layouts, specially introduced to support the home buyers to a significant extent. How does it work? According to a number of surveys conducted on the n...
  • Jan 06, 17

Pune Metro

Pune Metro Believe it or not, the upcoming Pune Metro is actually going to give a complete make-over to the city. Especially, with the rising traffic, when the city is deep merged into smoke and smoulder, the implementation of Pune Metro will not only decrease the pollution rate to a significant extent, but will also perk up the living of the citizens way much higher. A recent survey states that the expanding traffic of Pune can never be balanced by any road-based syste...
  • Jan 05, 17

Pune Properties See a Significant Rise in December

     Although there were an end number of misbeliefs and myths about the prospect of real estate sector after demonetization, all the misconceptions have now seemed to dissolve with the running stride of time. According to the top honchos in the industry, property registrations in Pune have seen a climb of 34 percent, while the state of Maharashtra has experienced 29 per cent of the same. Compared to the documentations in the past few years, it is now expected...
  • Jan 02, 17

Banks Welcome Lower Interest Rates.

       A Perfect Retort to Modi’s Appeal- Lending Rate Reduced by up to 90 Points. After RBI came with the decision of an unchanged Repo Rate on December 7, 2016, the recent verdict of Modi on yesterday has again left a deep surge on the entire real estate sector. The country’s leading public sector banks have slashed the MCLR by up to 90 points, making it an ‘easy-go’ for all the home buyers across the country. Among a nu...
  • Dec 20, 16

Explore the Undeniable Effects of RERA

After Rajya Sabha came up with the new Regulation and Development Bill in 2015, both the home buyers and the developers have seemed to be highly benefitted with this much elevated move. Apart from alleviating the home buyers’ concerns, the Real Estate Regulation Act (RERA) has also brought in huge transparency in the entire real estate sector. Bringing much optimism to the investors and the builders alike, this improvised real estate bill is expected to stride out a...
  • Dec 20, 16

Go Digital, Go Cashless – Let’s Explore the Advantages of Going Cashless

   After the much-debated ban on the high currency notes by Modi Government, a big segment of population is left confused over the idea of cashless society. ‘Will it be beneficial or is it going to be a big trouble?’- This is the common question that seems to perturb everyone in search of a better living. However, if you are also baffled enough to get to a single verdict, you have come to right page! This post is giving you the chance to explore the comm...
  • Dec 09, 16

No tax on Gold from declared income

After Demonetization government has amendments to I-T laws over Gold. On Thursday Finance Ministry declared that there is no limit on holding gold if acquired form declared income, which includes inheritance. Parameters to hold gold is 500 grams per married women, 250gm per unmarried women as also 100gm per male member of the family. Any jewellery purchased out of disclosed income, household savings, legally inherited or from exempted income is not chargeable under the act...
  • Nov 09, 16

Rs 500 and Rs 1000 notes stand demonetized from midnight: PM Narendra Modi

Rs 500 and Rs 1000 notes stand demonetized from midnight: PM Narendra Modi A big Impact on Real Estate In a recent incidence PM Narendra Modi announced that higher currency notes of Rs500 and Rs 1000 respectively would be demonetized .he said since his government has come in power it has been trying to fight black money in India. He mentioned corruption, black money and terrorism has been weaking the country since a long time. On the other hand RBI came up with answ...
  • Oct 29, 16

New International Airport at Purandar in Pune

International Airports has always proven to be beneficial to any cities in terms of development. It helps to boost real estate and economy of the city; it will increase activity as business hub. With more connectivity it will be breakthrough for domestic and international business to open new venture in pune or to expand existing ones. From the source TOI :Chief Minister Mr Devendra Fadnavis has approved a land in purandar  15-20 km south of pune for the new inte...
  • Oct 28, 16

Smart moves for home buyers

  An ET Wealth survey shows a lot of people plan to buy property in the next one year After a hibernation lasting nearly five years, home buyers are planning to go shopping again. More than 60% of 1,181 respondents to an online survey say they are likely to buy property in the next 12 months. The survey, was conducted after the RBI cut rates. More than 16% of the respondents say they plan to `definitely buy' real estate in the next one year . “Many fenc...
  • Oct 27, 16

Fate of 34 villages for the merged in PMC to be decided today the State Government expected to submit its views on the merger in the Supreme Court.

Fate of 34 villages for the merged in PMC to be decided today the State Government expected to submit its views on the merger in the Supreme Court. Since the petition filed by residents of 34 villages over the governments delay in merging the villages into PMC, the High Court has accepted the submission.  Three months ago the High Court had directed the state government to take a decision over the pending proposal of merger of 34 villages in PMC. The 34 villages which...