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Realty Outlook for Pune

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Latest Answer: Hi, Appreciate all response, Could anyone tell me what is the new updates of realty market in Pune, I am looking for 2 BHK unit in Pune in coming years.
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Real Estate Investments Flowing Into West Pune

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Latest Answer: investment is good option in pune you can invest at http://www.lushlife.co.in/Projects.php
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the Real Estate Regulation & Development Bill of 2013 is taking final shape for approval.
Q: The Real Estate (Regulation & Development) Bill, 2013, drafted by the last union government has submitted for few changes and is now in final stages of being presented for approval by the present government.

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Latest Answer: But decision is yet to come.....and hoping for the best... Now, housing projects on more than 500 sq-mt would have to register with the proposed real estate regulator as opposed to the threshold at 1000 sq-mt that was fixed earlier. Also, the interest rate payable by the promoter or allottee in case of any default by either would be the same now.
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The Statistics Behind Pune’s Real Estate Market
Q: Approximately 25% of buyers in Pune are pure investors, they purchase properties only for the purpose of benefiting from rental income and capital appreciation.

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Latest Answer: The tertiary or services sector, which includes but is not limited to IT/ITeS, BPO, KPO, banking and retail services, accounts for roughly 55%. The services sector, particularly the IT/ITeS segment, drives the demand for homes in the more developed urban areas. These homes come to be in the price bracket of Rs. 50 lakh to 1.5 crore, and around 65% of the housing projects in Pune are currently targeted at this sector.
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