Friday 5 May 2017

The PMAY's Connection With Buyers of Affordable Projects in Pune

The PM's Pradhan Mantri Awas Yojana will lead to more demand for affordable projects in Pune. Prime Minister Modi's vision to create housing for all by 2022 has been initiated with policy initiatives and is also supported by budgetary initiatives such as the labeling of affordable housing as infrastructure. Within India, the real estate sector is the second largest employer after agriculture and the real estate sector is expected to expand by 30 percent by the end of the next decade. However currently the realestate in India has been facing challenges such as unpredictable cash flows, low sales volume, delayed completion timelines, and a higher rate of interest charged by banks on loans to builders.

The Pradhan Mantri Awas Yojana
The PMAY provides a reason to cheer as it is expected to create demand for housing in India and will lead to the fulfillment of the housing shortage in the country; particularly in meeting demand for affordable housing in India.
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PMAY, Affordable Housing, and Builders
Under the module laid out by the PMAY, the carpet area of houses that are being created for the Economically Weaker Sections is to be 30 square meters while the carpet area of houses for Low Income Groups is to be 60 square meters. The carpet area of houses for MIG 1 and 2 is to be 90 and 120 square meters respectively. Within the four metropolitan cities a carpet area of 30 square meters has been capped for houses while in the peripheral regions of cities this area for houses has been increased to 60 square meters.
Builders and developers in Pune and those across India who construct affordable housing will be exempt from paying tax on profits from such properties for a period of five years from the current exemption period of three years.

Housing in Pune
Nearly eighty percent of the housing demand in Pune comes from lower income group and middle income group households. In Pune the major driver for housing is job creation which in turn is supported by strong industrial growth in Pune in locations such as Chakan, Talegaon, Ranjangaon, all three of which have industries present operating under the aegis of the Maharashtra Industrial Development Corporation (MIDC). The professionals who are employed in these industries are the ideal customers of builders in the city.


Individuals who work in Pune in the IT and ITES companies in clerical profiles are the best suited to benefit from the PMAY scheme in Pune. Additionally those employed as taxi drivers and small traders would also benefit from the scheme mentioned and will be able to buy property in Pune

Tuesday 8 November 2016

Hoot into the list of top builders of Pune



Infrastructure is the key element for the growth of any city .However, construction work should be accurately planned so that city flourishes in right way. So, real estate developers in Pune have a key role to play here.


Check out the list of top builders and developers in Pune


  • Runwal Group-This group is present in the city of Mumbai, Thane and Pune. This real estate group was founded in the year 1978 by Mr. Subhash Runwal. His visionary ideas have made this company a leading player in many segments of the industry including construction and retail. The group makes sure that they do not compromise on the quality of work, professionalism and customer satisfaction .Runwal developers hold an eminent place in the list of builders in Pune for their time bound delivery of the project.
  • Puranik Group- The Prunaik group has its presence in Pune and Thane. The values of this company proof to be instrumental in making it trustworthy in the real estate market. The core values of this company are that they want to deliver projects which are value for money to the customers and stick to the timelines. This group has till now developed over 4 million square feet of property and successfully placed 4000 families in their constructions. This company was established in 1968, has got the legacy of providing affordable apartment in Pune.
  • Lodha Group- Lodha group has its offices in cities like Mumbai, Hyderabad, Thane, Pune and Navi- Mumbai. The company was established in the year 1980 and it is considered as one the champion companies in the real estate industry .The current projects of this company include 27 constructions which are getting developed in and around Mumbia. Approximately, 30 million square Ft of the area is being developed from Napean road to Dombivalli. Lodha group also occupies a prominent place in the luxury home section. This company is geographically expanding and soon they going to reach the city of Pune.
  • Godrej Properties-Godrej properties come to the customer with the philosophy of its core company –the Godrej Company attached to it. Their vision is to bring innovation and excellence in the real estate industry. This company is developing properties in 12 cities throughout the country. The company was established in the year 1990 and is the first company to have an ISO certification in the real estate in Pune. The construction work of this company is carried across the nation with over estimated area of 74 acres being developed.


These are few top builders in the city of Pune.

Tuesday 10 May 2016

Real Estate in Pune – The Golden Goose



Pune has a strong historical past, the home town of the Marathas and more famously Shivaji. The Singhgad Fort is testimonial of that magnificent past glory. Like Bangalore, Pune also has a quietly acquired a cosmopolitan culture. It has a cultural mix of Parsis, Muslims, Bohras and Hindus, giving it a multi-cultural identity. Its bakeries still churn out the old clay oven stuff, along with the more modern machine based cuisine.

Pune was earlier identified as a manufacturing and automobile hub, with Pimpri, Chinchwad and Kharkee contributing towards it. Today it is recognized as one of the leading IT destinations in India, with Wipro, Infosys and TCS setting base here.
The National Defence Academy at Khadakwasla and the Pune University are a few landmarks of the city. Ferguson College attracts foreign students for years at end now. Its weather attracts many to settle down here. Pune has the right combination of cultural heritage, neo modern society, job opportunities and a wonderful weather.
Real estate in Pune has also grown in leaps and bounds. With the ever increasing demand for residential property due to migratory population the property market in Pune has seen a steady growth. IT as an industry has led in initiating quantum increase in the office space property in Pune.
Hingewadi has turned into an IT hub, with a number of real estate projects and IT parks . This in turn has converted the nearby areas like Wakad, Balewadi and Bodkewadi into attractive residential property markets in Pune. The residential projects in these areas cater to the typical needs of young couples/individuals and are restricted to 1 or 2 BHK. The area near the Airport, Lohegaon and Yerwada is also fast developing into a residential property in pune, extending right upto Moshi, Alandi and Budruk.
Pune’s real estate market has attracted investors from all across India. Due to its high Livability Index Pune continues to be an attractive real estate destination. The present slow-down in the real estate sector has not had a severe effect on Pune as compared to other cities; this is demonstrative of the resilience and strength of the real estate sector in Pune.
Real estate sector in Pune is well spread over its satellite towns like Pimpri, Chinchwad, Aundh, Khadki and now Lavasa which is fast turning out to be a tourist as well as educational destination in India. This enables and provides real estate developers in Pune tremendous flexibility to churn out vide range of inventory with an equally wide cost spectrum and cater to a larger market.
Like Bangalore and Hyderabad, real estate in Pune is one of the most stable and promising markets.

Monday 18 April 2016

Residential property in pune

If you are looking for property for sale in Pune, here are some of the best bets to invest.

Eastern and western front's properties in Pune see maximum growth owing to sound infrastructure and good connectivity. Nagar Road, Wagholi, Kharadi, Hadapsar, Viman Nagar and Kalyani Nagar in East witness a consistent upward growth because of large IT establishments. Additionally, these areas house numerous industries.


The amazing growth of software developers and hardware experts has made a surge in demand for Residential properties in Pune. The fast developing infrastructure is also one of the factors that allure both investors and end users.


Thus, property available to be purchased in Pune East is seeing greatest land exercises. In the western zone, Baner, Hinjewadi, Mahalunge and Wakad are developed as development passageways. Request from IT center points in Hinjewadi and modern pockets situated on the Chakan-Talegaon belt are key variables that push property market in these zones.

Wagholi

Wagholi has developed as a favored passage. Vicinity to air terminal, great social framework, and the business center points on Nagar Road, Kharadi and Hadapsar are a portion of the ascribing components that push realty market around there.




Udhri

Properties in Pune edges are developing as hot destinations and Undri has turned into a hotspot for private property speculation. It is near Pune camp and is very much associated with key regions. Moreover, Undri's nearness to created places, for example, NIBM, Wanowrie and M.G Road, its closeness to the IT center points like Hadapsar go about as the main impetus that triggers realty exercises.

Koregaon Park

The interest for lodging is dependably on the ascent in Koregaon Park range inferable from its nearness to Kalyani Nagar, one of the essential IT/ITES center points. This territory is referred to for its top of the line lofts and additionally its parlors, bars and restaurants. This region is dependably sought after as it positions among the mark addresses in the city.


Ravet

On the off chance that you are searching for property available to be purchased in Pune rural areas, Ravet is a perfect decision. Lower costs, great availability to IT center points like Hinjewadi and the PCMC mechanical belt are the elements that draw both end clients and financial specialists. A few social and business foundations likewise include its quality as a favored private destination.

In general, properties in Pune are one of the perfect destinations for both creators and end clients. This is the perfect time to contribute as the costs of these territories will keep on being in upward pattern in the year ahead.

Property Khazana, the land property entrance offers properties available to be purchased in Pune. Assemble your own particular home by selecting the best Real Estate property in Pune. Call us- 0124-4370612


Wednesday 6 April 2016

Builders in pune

In the previous couple of years, Pune has been seeing gigantic development in the land area. Manufacturers in Pune are quick tapping more up to date ranges in and around the city. Zones, for example, Pimpri-Chinchwad are the new top choices amongst developers for this reason. Perused on to know some different explanations behind its notoriety.

Land in Pimpri-Chinchwad is driven by two sorts of purchasers. The principal set comprises of the occupation seekers procured by IT and car organizations found adjacent. The second set incorporates the speculators, who have a distinct fascination in rising zones in light of lower property rates and ensured appreciation. Builders and developers in pune, Also, Pimpri-Chinchwad Municipal Corporation (PCMC) has taken unique endeavors and created prevalent framework in these regions in light of which property thankfulness has been reliable.

Going to some conspicuous ranges here that have increased huge ubiquity:

Wakad:

Land development in Pune is most astounding in Wakad as of now. This is on the grounds that it is near numerous critical center points of Pune, for example, Hinjewadi, the Pimpri-Chinchwad mechanical range, Mumbai-Bangalore sidestep, Mumbai-Pune freeway, and Balewadi dons complex. Furthermore, the base including streets, waste frameworks, water supply, and power is legitimately dealt with.


Area insightful, it is near Aundh and Baner, with a separation of around 5 to 7 km. Moreover, it is 11 km far from Pune railroad station and 20 km from the air terminal. It is additionally near Mumbai with a separation of roughly 138 km.

Subsequently, it is a group puller for:

• IT representatives from Hinjewadi

• People from Mumbai searching for second homes far from the city life hustle clamor

• Employees from the Pimpri vehicles zone

• People from Aundh and Baner searching for a lesser swarmed Area

In next 2-3 years, this territory is required to see an overall improvement with more townships, lofts, and numerous shopping centers coming up.

Moshi:

Numerous Builders and real estate agents in Pune have their eyes set on this territory. Situated in the heart of Pimpri-Chinchwad, this range right now has the most moderate property rates. Its closeness to Bhosari and Chakan mechanical belt, and numerous other critical modern and car center points of Pune, settles on it a prominent decision. Residential Real estate in Pune, Aside from this, the tremendously anticipated Pune universal presentation and tradition focus in Moshi is going to change the substance of this territory.

Genuinely, advancement in Moshi started just when it was taken up by PCMC in 2009. Starting today, it has a popularity of 1 BHK pads.

In this manner, Pimpri-Chinchwad and numerous all the more up and coming ranges in Pune are having promising land advancements. In the event that you are looking here for purchasing or contributing purposes don't reconsider, the time is well-suited!

Raj is a land writer and author whose hobbies are land in Pune and developers in Pune.

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