Pune Real Estate in the News

  • 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% 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

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 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 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

How Does REIT Work?

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

GDP grows at an Alarming Rate of 7% 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...
  • 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...
  • 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

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...
  • 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...
  • 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

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, but with a number of good initiatives taken by the pr...
  • 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

Is Subvention scheme Just a Sales Gimmick or a Boon to the Buyers?

  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...