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Latest Realty News
Kharadi: one of the most promising upcoming residential hubs in Pune
Oct 26, 2013
PUNE: In real estate, along with the amenities offered by a project, location is of upmost importance. Within Pune, Kharadi is emerging as one of the most sought after and fastest growing localities that have the location advantage.
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.
PMC to check 50k residential properties for commercial use
Oct 18, 2013
PUNE: Nearly 50,000 properties in the city will be screened from November for commercial use of residential properties. The civic administration hopes to increase property tax revenue by Rs 50 crore.
Music bands in Pune help recover property tax dues
Sep 18, 2013
PUNE: The civic property tax department’s initiative to play music outside defaulters’ properties has yielded Rs 8 crore in the last six days, with many of the defaulters coming forward to pay the dues.
Plots steer Hinjewadi realty, rental values go south
Sep 11, 2013
PUNE: Are you looking to buy a plot in Pune at affordable rates? Hinjewadi – the well known IT hub of the city, showcases a promising picture. Once looked upon as a slow-moving hamlet, Hinjewadi is currently offering plots within the range of Rs 40 lakhs. Plots within the budget of Rs 40 lakhs registered 60 per cent supply in the April-June 2013 quarter. Plots in the range of Rs 40-60 lakhs registered a supply of 13 per cent.
Bavdhan, Kalyani Nagar, Undri top gainers in capital values
Sep 10, 2013
PUNE: Amidst the economic slowdown, the real estate market of Pune showed considerable resilience in the April-June 2013 quarter. Capital values of residential properties at locations such as Bavdhan, Kalyani Nagar and Undri, registered an increase of 4-8 per cent in the April-June 2013 quarter, over the preceding quarter, Overall, the Listed Price Monitor, which reflects the change in capital values in the city, rose by two per cent during the quarter. According to the study, 77 per cent locali
An integrated township encompasses all aspects of modern day living within a secure gated community
Aug 30, 2013
PUNE: A homebuyer in an integrated township can be assured of a vastly improved quality of life. Away from the chaos of city life, integrated townships promote holistic living and appeal to every age group – the young, the middle-aged and the elderly. More and more homebuyers are opting for township projects today because of the numerous benefits they offer.
Pune’s Magarpatta belt offers quality and affordable housing
Aug 29, 2013
PUNE: Situated on the eastern side of Pune, Magarpatta is close to the Kharadi EON IT Park, Kalyani Nagar, Koregaon Park, Fatima Nagar and the Hadapsar Industrial Estate. Crossing the north main road towards Koregaon Park Annexe and approaching Mundhwa Road, the new DP Road will connect Koregaon Park to Magarpatta.
Real estate boost for Baner-Balewadi in Pune
Aug 27, 2013
PUNE: The state government has converted reservations on 166 hectare land earmarked in the Baner-Balewadi Development Plan (DP) into residential purpose making way for more constructions in the area. The state has vacated 136.59 hectare town planning scheme reservation and 30 hectare reservation for biotechnology and agri-business zone. Now the de-reserved land could be used for residential projects.
Offering affordable housing: Chakan, Pirangut and Moshi
Aug 27, 2013
PUNE: With affordable housing options reducing in many real estate markets of big cities, Pune is one city that is still offering homes that fit smaller budgets. According to industry players, 70 per cent demand in the segment is for affordable housing while 30 per cent is for high-end or from the upper middle-class segment in Pune. Localities such as Chakan, Moshi and Pirangut, are largely catering to this demand. As per research from MagicBricks.com, these localities offer properties within th
Small apartments see high sales in Chakan, Moshi and Pirangut
Aug 21, 2013
PUNE: With the presence of IT companies, educational institutes and organisations from other industries, the residential market in pockets like Chakan, Moshi and Pirangut have grown exponentially. The influx of young people who have moved to the city for jobs or studies, are driving the demand for smaller apartments.
Four reasons to invest in NIBM Road
Aug 20, 2013
PUNE: Earlier known for its proximity to Pune centre, NIBM Road in the city today has become one of the most sought after areas for real estate investors. Experts claim that, if invested today, the property in the area will reap satisfactory returns in three years down the line. Neha Nagpal of Magicbricks.com Bureau finds out what are the reasons that make experts to say so.
Pune sees many locations offering luxury housing
Aug 14, 2013
PUNE: Luxury housing constitutes two-three per cent of the total residential market in Pune. There are currently around 2,000 plus units in the market, including planned and under construction projects, within the price bracket of Rs four crores and above.
PCMC to conduct property survey
Aug 12, 2013
PUNE: The PimpriChinchwad Municipal Corporation will start a survey of properties within the municipal limits from September 1.
Pune gears up for affordable housing
Aug 10, 2013
PUNE: Affordable housing is a term we use for the residential units in India’s urban areas, which are affordably priced, with respect to the households that fall within a specific limited income range. There is no single set of parameters to define what an affordable housing unit should cost in India. This is because the pricing and feasibility of the developers of affordable housing, is a function of the city, the location within the city, the type of project being built and also the constructi
Low cost homes in East Pune
Aug 06, 2013
PUNE: East Pune localities such as Kharadi, Wagholi and Hadapsar, which offer one and 2-BHK properties in the Rs 20-40 lakh price range, are witnessing large scale consumption of residential spaces. Old residents of the city reminisce how these areas grew with the boom in real estate witnessed a decade ago. Wing Commander Atul Chandra, who has made this city his home since the late 1990s, remembers his weekly rounds to the Hadapsar sabzi mandi.
Pune civic body collects Rs 500 crore as property tax
Aug 05, 2013
PUNE: The civic administration has collected Rs 500 crore from property tax since the start of new financial year. Total 5.58 lakh property owners have paid their tax since April 1.
Private equity in Pune’s realty segment
Jul 31, 2013
PUNE: Pune has been the fastest growing city for over a decade now, second only to the metros. It has been able to sustain this status mostly because of the well-established manufacturing sector and the thriving IT segment that has made the city its home. There is no dearth of local workers with professional qualifications as the city has numerous colleges offering courses in varied disciplines. Pune is also popular as an ideal city to reside in, not only because of the good schools and colleges
Kalam roots for green buildings, efficient energy usage
Jul 19, 2013
PUNE: Green buildings, sustainable design and green architecture can ensure that the impact of constructions and infrastructure development on the environment is contained, former President APJ Abdul Kalam said at the GreenCo Summit 2013, which was inaugurated in the city on July 15. Kalam advocated continuous research by recyclers, electronic systems manufacturers and user groups to make green energy cost-effective.
Hinjewadi faces an ever-increasing demand for 2-bhk apartments
Jul 17, 2013
PUNE: Hinjewadi, once looked upon as a sleepy countryside area, has been fast evolving into a real estate hotspot. The locality, situated towards the west of Pune city, offers all types of properties for every segment of the society. According to the Data residential properties such as plots and apartments in Hinjewadi, are available within a wide range of Rs 13 lakhs to Rs one crore and above.
Pune’s smart homes revolution
Jul 17, 2013
PUNE: Over the last two decades, Pune rapidly developed a strong IT culture. In the beginning, this culture was limited to employees of the many IT/ITES parks it is home to. However, today it has touched almost everyone who lives in the city. The cyber revolution in this city is inescapable – those who do not own computers visit internet cafes to access the online world. The younger generation below the age group of 30, is defined by connectivity and these are the people who will define Pune’s f
Property values rise; rentals drop in Hinjewadi
Jul 15, 2013
PUNE: Hinjewadi is an excellent example of how the development of an area as a commercial destination, leads to the growth in the residential real estate market too. Until a few years ago, Hinjewadi was seen as a rural area. However, the establishment of the Rajiv Gandhi Infotech Park changed the picture in a radical way. Today, there are more than 20 major IT industries in Hinjewadi, which are fuelling the residential demand in and around the area. The increasing demand for housing has led Hi
Donald Trump to launch first real estate project in Pune
Jul 10, 2013
PUNE: America's real estate business tycoon and celebrity Donald Trump has announced his company's first Indian project, a 22-storied residential twin towers in Pune having 44 luxurious single-floor condominiums.
Finally, a civic property list for Pune
Jul 09, 2013
PUNE: Ten years after it started collecting the data, the Pune Municipal Corporation (PMC) has finally enlisted civic properties paving the way for asset valuation and bringing transparency in lease contracts.
Supply, demand, high for 2-bhk units on the Vishrantwadi-Tingre Nagar stretch
Jul 08, 2013
PUNE: Are you looking to invest in a 1 or 2-BHK in Pune? The Vishrantwadi-Tingre Nagar stretch can be a good option for property investment. The area offers a gamut of projects. Data shows, in the March-May 2013 quarter, Vishrantwadi witnessed 45 per cent demand for 2-BHK units and 44 per cent demand for 1-BHK apartments.
Latest Realty News Of State
Jammu & Kashmir
Mumbai robust for Affordable Housing though sluggish for luxury segement
MD, Poddar Developers.
Nashik can be converted as a Mini-Mumbai: Rajegaonkar
Anant K. Rajegaonkar
Smart City Announcement aim to develop smart buildings
Director, Adytum Designs Pvt. Ltd.
We plan to tap Mumbai Middle Class Residential Housing Market: Rohan Agarwal
Managing Director, Geopreneur Group
Land policy in Chhatisgarh towards EWS & LIG housing needs to be in line with other states
President CREDAI Chhattisgarh
Bhopal Residential Housing Market Insulated from the overall limping in Indian Realty
President CREDAI Bhopal
Levy Tax under Single Window in Construction Sector
Chairman Srinath Const & President- BAI Nashik
Absence of concrete City Development Plan has affected Srikakulam Realty
Property prices in South India Reasonable
Exec Dir, Business Development - Prestige Group
Eco growth in Asia Pacific translating into stronger Property demand
CMD, CBRE South Asia Pvt. Ltd
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