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Real Estate Forum on Pune Real Estate Market

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: This is not a question but just some good info i found on the internet which really helped me take a good decision in buying a home in pune http://www.pocketnewsalert.com/2016/04/Guidelines-To-Buying-A-Budget-Home-In-Pune.html
Latest Answer: Thanks Shobha, What will be the approximate flat cost of mid-income category and which are the areas where i can get 1/2BHK affordable home in 40-50 lakh budget?
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Q: Is the project launched? If yes, then what is the status and who all have approved the project?

Latest Answer: Thanks dear, One more query ,tell me more this builder and how many projects did he completed till now?
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Q: Why Developers Reduce Apartment Sizes To Boost Affordability in current market?
Latest Answer: Great to know more about affordable trends, I would like to know what modification does builder and developer are bringing in low budget projects?
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Q: I have selected few projects in Charholi for my own use, but my friends suggest me not to buy property in this location. Can anyone provide the information about the problems in the locality?
Latest Answer: I am planning to buy 2 BHK residential projects in this area. Can anyone suggest few good projects in this locality? I really need help to select good builders and projects. Any suggestion appreciated. Thanks
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Q: Fastest developing suburbs in Asia, Kothrud has seen rapid development in recent times? I want to know more about this locality? Please share is this location is good for investment.
Latest Answer: Hi Vinay, The rental prices in Kothrud are moderately high owing to a huge demand from young IT professionals and students. The rent for a 2 BHK flat can range between Rs 13000 and 20000. For a 3 BHK unit, rent can go up to Rs 24700.
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Q: Will New IT policy boost Pune civic infrastructure?
Latest Answer: Hi, The new policy aims to involve private developers in the citys development process. However, despite the proposals in the new policy, the PMC will continue to play a crucial role in the citys development. In addition to offering rebates in taxes, the government will have to ensure creation of strong physical infrastructure.
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Q: The city's real estate group wants finance minister Arun Jaitley to present a budget that will create a strong foundation for achieving the "home-for-all" goal of the Narendra Modi government.
Latest Answer: Hi all, I am agree with the above mentioned statement. And in my opinion reduction in home loan interest rates will be important so will be offering industry/infrastructure status for the housing industry. Also necessary is availability of finance at lower interest rates and clarity on taxation for real estate investment trusts and foreign direct investment (FDI) in housing.
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Latest Answer: It is over the opportunistic supply of housing that is hitting the market on some of the city’s outer areas. In these locations, many irresponsible developers have been actively churning out sub-standard projects which do not comply with standard construction laws and often lack all the required legal approvals.
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Q: I want to know what is the future prospect of Pune Realty comparing with past record ?
Latest Answer: "If you are to compare Punes Realty prospects from before to now then you are to witness a drastic change graph. There was a time people passed Pune on their way to Mumbai and it was a stop over, but in recent years the city demographics have changed. This change has had a significant impact on the demand for real estate in Pune, in terms of sizes and the type of houses. Until the 1990s, Pune was more like a getaway and the only residents were people who enjoyed a laid back life. The basic idea was to get a place away from the city and somewhere cheap and accessible, Pune was that place. In 1990 Pune started to emerge as an IT company destination. With the springing up of commercial structures and educational institutions people started to take note of this city. Nowadays the annual demand for residential plots alone in Pune is close to 46000 units, where it was less than 20000 units per annum just a few years ago. Supply and demand of homes in Pune continues to make property inv
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