Latest Realty News

Aug 07, 2015
The demand from both end user and investors precisely in the mid-range segment kept the overall Pune residential market positive during the quarter ended June, showed a report by property consultancy Colliers International.
May 11, 2015
Pune: Even in the flat growth environment, Pune has maintained its status as a safe residential realty investment destination
Mar 10, 2015
BENGALURU/MUMBAI: Private equity firm Xander Advisors India has invested around Rs 280 crore in a residential project of realty developer Kumar Urban Development
Mar 09, 2015
Pune: In a first, Pune-based real estate player Kolte-Patil sold luxury villas worth Rs 10 crore online
Feb 02, 2015
PUNE: The state consumer disputes redressal commission has ordered a city-based builder to either hand over a 640 sq ft flat in a redevelopment project in Budhwar Peth or pay Rs 25.86 lakh compensation to a retired government official
Pune real estate market hopes for turnaround in 2015
Dec 30, 2014
Pune: Property prices in prominent micro markets in Pune saw decent increase over the year 2014
Government should allot 2.5 FSI to prevent unauthorized constructions in PCMC limits: MLA Laxman Jag...
Dec 04, 2014
PUNE: Newly elected MLA from Chinchwad constituency, Laxman Jagtap has urged the state government to allot 2.5 FSI in Pimpri Chinchwad municipal limits to prevent the growth of unauthorized constructions
PMC seeks legal aid to save land reserved for timber market
Sep 30, 2014
Despite inordinate delay on part of the Pune Municipal Corporation (PMC) to implement all the land reservations earmarked in the 1987 development plan, the standing committee has decided to deploy a battery of lawyers to protect a 57-acre reserved plot on Satara Road from getting converted into a residential zone
Sobha Developers to invest Rs 250 crore in Pune project
Aug 21, 2014
Bangalore-based real estate player Sobha Developers is expanding its footprints in Pune by developing new projects and tie ups with smaller developers
What Pune real estate can expect from the new government
May 16, 2014
PUNE: Even though the BJP-led NDA government has taken up the driving seat, it is only time that will tell how real estate friendly it turns out to be. Real estate is a sector wherein the State government plays a larger role than the Central government, as every state government has its own policies. At this moment in time, what we can hope for is:
Get proactive for a home loan
Apr 11, 2014
PUNE: A home loan looks like an attractive proposition. When you see an advertisement of a bank in a newspaper, offering a very attractive interest rate, a subsequently low EMI, etc., your long cherished dream of owning a house suddenly looks achievable. With banks offering loans on attractive terms and conditions, a dream home is no longer a dream but a reality. However, before you make a home loan application, it would be better to be aware of some of the issues faced by borrowers during the h
Godrej Properties to develop new project in Bangalore
Apr 07, 2014
PUNE: Godrej Properties Ltd, the real estate development arm of the Godrej Group, has entered into an LLP to develop a residential township project in North Bangalore. This will be developed as a profit-sharing partnership like most other projects by the company.
Big purchases add sheen to Padwa celebrations today
Mar 31, 2014
PUNE: For Prachi Puranik of Pashan, this year's Gudi Padwa on Monday is particularly special as her family will bring home an SUV.
Report: Sales volume of listed real estate cos plunges 43%
Mar 28, 2014
PUNE: A research report by property consultants Knight Frank India has found that the volumes of 25 listed real estate companies over the past eight quarters has dropped from 21.85 million sq ft to 11.8 m sq ft, representing a decline of almost 43 per cent.
Global investment in realty to grow
Mar 21, 2014
PUNE: Rapid urbanization and demographic changes, especially in the emerging markets, will lead to substantial growth in the real estate investment industry, over the next six years. At the same time as the industry’s opportunities grow, so will assets invested into the sector.
Viman Nagar, Nagar Road: Pioneers of Pune’s realty
Mar 19, 2014
PUNE: Few real estate micro-markets in Pune have been able to match the outstanding success of Viman Nagar and Nagar Road in the Eastern part of the city. Nor is this success limited to this region alone. As a direct result of the relentless demand for properties in this belt, nearby locations such as Dhanori, Charoli and Wagholi have become the new watchwords on the city’s real estate market. Their proximity of the Pune Airport adds a decisive ingredient to the overall growth recipe that drives
Builders create the outdoors in gated residential complexes in Pune
Mar 10, 2014
PUNE: Every evening, homemaker Sanjana Patankar has to coax her eight-year-old son Shriyans to leave the play area nestled in the midst of the six towers that stand tall at the Golden Petals residential complex in Warje. And very often she herself strolls on the neatly cropped lawn adjacent to the play area, chatting up neighbours, before she goes home.
Five sub-registrar offices in Pune to stay open for longer hours
Mar 06, 2014
PUNE: Five more sub-registrar offices in the city have begun working for extended hours and on Saturdays and Sundays to help citizens register property deals and to complete the necessary documentation.
When is the right time to take a home loan?
Feb 28, 2014
PUNE: Due to the on-going economic uncertainties, many aspiring home owners in Pune are hesitant about taking a home loan. One of the concerns is whether it makes more sense to rent now and await a price correction.
Is metro a panacea to Pune’s commuting woes?
Feb 18, 2014
PUNE: The in-principle approval of the Pune metro rail project heralds the possibility of an infusion of new life into the city’s challenged infrastructure. The metro has the potential to overcome the limitations of Pune’s road network.
Unfriendly budget, say developers
Feb 18, 2014
PUNE: Finance minister may have responded to the auto sector issues but has let down the real estate sector, said players from the construction industry reacting to the budget on February 17.
Indrani Dasgupta launches Balewadi F-Residences in Pune
Feb 15, 2014
PUNE: Ever thought of making a keyless entry to your home, not looking for switches to turn on the lights and air-conditioning, always welcomed by an auto deodorized and cleansed toilet, and many more of such hi-tech, fashionable amenities at your disposal?
Mumbai, Pune home prices jump 50% in past five years
Feb 15, 2014
MUMBAI: Mumbai Metropolitan Region and Pune have seen 50% jump in residential prices in the last five years, which is highest among the top seven cities, said a new survey.
Pune sees highest office space addition in Q4 2013
Feb 14, 2014
PUNE: Close to 7.3 million sq ft of office space supply entered the market in Q4 2013, as compared to less than 3 million sq ft in Q3 2013, in the city of Pune. This was led largely, by a number of commercial realty and SEZ developments that had been delayed over the previous two quarters, and were finally completed in Q4 2013. Pune led these project completions, followed by Bengaluru and Hyderabad, together, contributing to about 71 per cent of the total new supply in India’s top office markets
Pune's Guardian Corpn forays into media, entertainment biz
Feb 11, 2014
PUNE: Guardian Corporation has made a foray into media and entertainment businesses with the establishment of Guardian Media and Entertainment.

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