Latest Realty News

Destination development: First mover advantage
Dec 06, 2013
PUNE: Beyond the oft-repeated developers’ rhetoric ‘location, location and location’ as the USP of the project, lies the fact that today’s prime location was once a deserted area that most developers were not ready to bet on with the kind of huge investment that realty projects demand. It has not just been the huge investment involved but the infrastructure, or rather lack of it, which often made them play safe. Though, in some of the cases, the government authorities took the initiative to prov
Single-window clearance will cut housing cost, Pune realtors says
Dec 05, 2013
PUNE: Higher input, finance costs, non-availability of bank finance for real estate projects and exorbitant taxes are some of the problems that will be debated in the forthcoming Credai Conclave 2013, which will take place in New Delhi on December 13 and December 14.
Road to evolution of Pune
Dec 04, 2013
PUNE: Pune has an advantage by virtue of the fact that it has been able to add to its borders by means of surrounding villages. This has served to decrease the pressure on the central city and encouraged an outward growth pattern. However, there are challenges related to Pune’s infrastructure, particularly its road network and these have more to do with the speed of this growth. While there are various proposals for road widening, these have to be translated into real time, to be effective, as i
2,640 families get houses under slum rehab plan in Pune
Dec 03, 2013
PUNE: Over 2,500 of the approximately two lakh families living in the slums of the city have got tenements under the slum rehabilitation scheme, so far.
RICS Commercial Property Survey show drop in demand
Nov 21, 2013
PUNE: The RICS India Commercial Property Survey showed signs of a fall in both occupier and investor sentiment during the third quarter of 2013 (July -September).
Location and affordability attract home buyers to Charoli
Nov 19, 2013
PUNE: If not Kalyani Nagar, Viman Nagar or Koregaon Park, then what? Can it be Charoli? The area which is located in the northern part of the city, not only offers a location advantage but also provides affordable real estate properties. “Areas such as Kalyani Nagar, Viman Nagar and Koregaon Park, the time-honoured residential destinations for the high-salaried IT class, have already reached a saturation point. The options which are left are exceedingly expensive and beyond the reach of middle-i
Dhanori sees high supply of properties within RS 40 lakhs
Nov 18, 2013
PUNE: Located on the eastern side of Pune, Dhanori offers a wide range of options for those who are looking for a residential property within Rs 40 lakhs. According to data, the area is seeing maximum supply of properties, with several new housing projects, which are at various stages of construction. These projects offer 1, 2 and 3-BHK units.
Pune builders to transfer ownership of flats or will get blacklisted
Nov 06, 2013
PUNE: The Pimpri Chinchwad New Township Development Authority (PCNTDA) administration has warned as many as 375 builders saying that the builders would be blacklisted if they fail to transfer the ownership of the flats, constructed by them, in the buyers’ name through conveyance deed in the next three months.
But affordable housing is pushed to the periphery of Pune
Oct 29, 2013
PUNE: Satish Rajopadhye has been on the look out for a two-bed room house and has a budget of Rs 35 lakh for it. His search for the right place however seems endless as there are simply no homes available within his budget in the city’s well-known pockets. The situation has forced him to consider a site 30 km north of the city and even there his budget is barely meeting the asking price.
Opt for Tingre Nagar, for apartments priced Rs 20-40 lakhs
Oct 23, 2013
PUNE: If you have a budget of Rs 20-40 lakhs and you are looking to invest in the eastern suburbs of Pune, then Tingre Nagar could provide you with a number of options. Tingre Nagar, which has a large number of properties available within this budget, is ideal for home buyers who cannot afford nearby locations such as Viman Nagar, Koregaon Park and Kalyani Nagar, where the property prices are relatively higher.

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