Pune Real Estate in the News

  • 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

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 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 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...