Latest Realty News

Expat Indians drive demand in Pune’s real estate market
Feb 08, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
India to get first Conrad in Pune
Feb 07, 2014
PUNE: Hilton Worldwide will open its first Conrad hotel in India in 2015 under a management contract signed with K Raheja Constructions Group. The luxury hotel is currently under development in Pune and would be the 24th Conrad hotel in the world. The brand targets the “global elite”.
Expat Indians drive demand in Pune’s real estate market
Feb 06, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
Expat Indians drive demand in Pune’s real estate market
Feb 06, 2014
PUNE: IT driven locations, across the country, have been witness to the migration of large educated workforce, be it Bengaluru, Gurgaon or Pune. This upwardly mobile, well-earning and lifestyle-driven class, hence, becomes a key demand driver for property in the given city. In Pune, the expat Indians have thus, emerged as the key demand drivers for property. The rise and growth of Pune, in terms of its overall economics, also suggests that the large workforce will have a major share in creating
Pune: KUL and GEMS Education to launch an international school
Jan 30, 2014
PUNE: Close on the heels of the success of best luxury project at Silicon India’s Pune Real Estate Awards 2014, Mumbai-Pune developer Kumar Urban Development Limited (KUL) along with GEMS Education today announced the launch of a world class international school GEMS Modern Academy(GMA) in Pune.
Pune’s Koregaon Park: The elite’s delight
Jan 29, 2014
PUNE: Koregaon Park is arguably the swankiest and among the most expensive real estate destinations in Pune. Even before the Osho Commune was established here in the 1970s, it was a location of choice for bungalows. After the arrival of the Commune, it became one of the primary congregation hubs for multinational travellers. The existence of the Osho Commune has transformed Koregaon Park beyond recognition. It now has its own identity, which is very different from that of any other area in Pune.
RR rates: Credai seeks clarity
Jan 27, 2014
PUNE: Developers in the city are mulling an all-out effort to convince the state government lower the ready reckoner (RR) rates and make the methodology of calculating those transparent.
Now, PCMC tax defaulters to face music
Jan 27, 2014
PUNE: After Pune, it is now the turn of the property tax defaulters in Pimpri Chinchwad to face the music, literally. The Pimpri Chinchwad Municipal Corporation will start sending brass bands to play music in front of the defaulters’ houses from January 27 onwards till March 31.
Pune realty growth more organized than Mumbai
Jan 15, 2014
PUNE: Most of the urban cities that grew beyond the major metropolis have overshadowed the parent city for reasons more than one. While the growth of these new cities in terms of infrastructure has been better and organised, it has been well supported by the growth of economic activity. Is Pune growing at the cost of Mumbai and overshadowing the peer big city?
Burglaries despite 24-hour vigil
Jan 14, 2014
PUNE: Most burglaries reported in the city over the last few months have been attributed to poor security in residential complexes. While most housing projects have private security agencies in place providing round-the-clock vigil, burglars have clearly taken advantage of the laxity of security guards and also their poor visibility.
Now, get building permission information on PCMC’s website
Jan 14, 2014
PUNE: Citizens can now access all the details about the building permissions sanctioned by the Pimpri Chinchwad Municipal Corporation (PCMC) since 1982, on the civic body’s website.
Projects worth crores approved in hush-hush meets of PMC & PCMC
Jan 14, 2014
PUNE: The standing committees of both Pune and Pimpri-Chinchwad municipal corporations collectively decide the fate of projects worth over Rs 3,000 crore every year. At every meeting held once a week, several projects are approved without any discussion. And though the standing committees decide on public projects, citizens as well as journalists are barred from attending the meetings, which are held in a closed-door hall at the civic headquarters.
BT Kawade Road: A place for well-heeled home buyers in Pune
Jan 13, 2014
PUNE: If you are searching for a rental accommodation in a locality that has good schools for your kids, shopping malls to keep you busy over the weekends and smooth connectivity to other parts of the city, then BT Kawade Road could be the potential location. Here are some of the major factors as to why this area is preferred by people looking for a home on rent:
Developers to meet Maharashtra revenue minister
Jan 10, 2014
PUNE: Representatives of Credai Pune Metro will meet the state revenue minister on January 10 to discuss their concerns over the steep rise in the ready reckoner rates for properties in the state, which the government has implemented from January 1.
Pune looks forward to a giant leap in 2014
Jan 09, 2014
PUNE: It has indeed been an interesting year for Pune’s property market in 2013. At a time when the markets across the country were by and large subdued, Pune had been growing at a steady pace and even appeared on the luxury landscape during the year. There have been multiple demand drivers behind Pune’s growth during the year and it is generally believed that once the economic outlook in general is brighter, Pune may be witness to better appreciation than even the neighbouring Mumbai property m
Changing Demographics Boosting Pune Real Estate Demand
Jan 08, 2014
PUNE: We already know that Pune is no longer just a Pensioner’s Paradise (though it still is the #1 city of choice for retiring people in Maharashtra). At least three other factors now define Pune – the growth of the Information Technology, the massive spread of organized retail and the city’s changing demographics.
Hike in ready reckoner rates is anti-middle class: CREDAI Pune
Jan 07, 2014
PUNE: The Confederation of Real Estate Developers' Association of India (CREDAI) Pune and Maharashtra termed the recent changes to the ready reckoner by the State Government as anti-middle class.
No choice but to pass on hike to buyers: Pune builders
Jan 06, 2014
PUNE: The overall rise in the ready reckoner (RR) rates for various parts of the city and suburban areas will add to the financial burden of prospective home buyers, real estate developers said.
PMC may not hike property tax next fiscal
Jan 06, 2014
PUNE: Chances are that citizens will not be burdened with an increase in property tax in the next financial year. The civic administration has submitted a proposal to the standing committee, suggesting that the levy should not be hiked.
Koregaon Park realty tops rate chart in Pune
Jan 06, 2014
PUNE: The rise in ready reckoner rates for 2014 may have dropped compared to 2013, but the growth story for some city areas remains robust. The rates for residential areas have remained high for Koregaon Park, Erandawane, Shivajinagar, Kothrud and Kalyaninagar. In Pimpri Chinchwad municipal corporation limit, areas including Pimple Gurav, Pimple Saudagar, Wakad and Pimple Nilakh have registered higher rates. Interestingly, apart from fringe areas that are recording growth, there is much activity
PMC may not hike property tax next fiscal
Jan 04, 2014
PUNE: Chances are that citizens will not be burdened with an increase in property tax in the next financial year. The civic administration has submitted a proposal to the standing committee, suggesting that the levy should not be hiked.
Ready reckoner rates up by 5-10% in Pune
Jan 03, 2014
PUNE: There is a 5 to 10% increase in the ready reckoner rates for the city and Pimpri Chinchwad while it is between 10-15% in the rest of the state. The state government on December raised the rates for properties which will come into effect from January 2014.
A blue print for planned realty development in Pune
Dec 31, 2013
PUNE: Although the process of urbanisation can beautify a city, unplanned development often results in increased burden on land and infrastructure. As Pune is witnessing rapid growth, many urban analysts are wondering whether the city will turn into an urban nightmare. The city stands at a crucial juncture, as in a few years, it may become too late to take corrective measures.
Retailers in Pune ditch go-it-alone idea for large malls
Dec 30, 2013
PUNE: The city’s large-format retail is witnessing a shift as standalone locations are losing their appeal while presence in a big multi-channel mall seems to be making greater business sense for retailers.
‘Walk Score’ gaining importance in Pune real estate
Dec 21, 2013
PUNE: Abroad, a new trend of evaluating neighbourhoods by their ‘walk score’ is being seen among home buyers. The idea behind this is simple and in fact is the very basis of that favourite real estate mantra ‘location, location, location.’ And it has great pertinence for the Pune real estate market as well.

Latest Realty News Of State

Realty Talk's