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Pune

Flats owners in Pune face water scarcity

Flats owners in Pune face water scarcity
Before selling the flats, the builder had assured the flat owners that they will be provided water, but the builder failed to keep the promise and the flat owners are facing acute water shortage. Pune Forum for Flat Owners is to send a notice to the Pune Municipal Corporation (PMC) addressing the water crisis. The [...] Continue Reading »

Demand for luxury homes on road to recovery

Demand for luxury homes on road to recovery
Pune- The luxury segment of Pune city’s the real estate market has shown signs of recovery. According to experts, there is a rise in demand for luxury projects all over India. In 2012, more than 50 percent luxury projects were launched in Bangalore. In the last couple of years, there was a drop down in [...] Continue Reading »

Real estate in India to boom in 2013

Real estate in India to boom in 2013
2012 was not so good for real estate market as high construction cost and falling sales affected the market sentiment negetively. However, this year was positive for home buyers who were waiting to buy or invest in real estate sector unlike the previous two years where most of the cities witnessed a steep price rise. [...] Continue Reading »

Lodha Group launches new five star residential project near Pune

Lodha Group launches new five star residential project near Pune
The Lodha group has launched a five star residential project, Lodha Belmondo which is spread over 108 acres. The project is opposite to the Subrata Roy Sahara Cricket Stadium, near Pune-Mumbai expressway. India’s leading real estate developer is building 1,900 units which comprises of 1/2/3 BHK apartments, 4BHK shy duplexes, golf villas and independent bungalows [...] Continue Reading »

No limit for real estate bill

No limit for real estate bill
There was no time-limit set for the implementation and approvals of the real estate bill 2012 by the central government. Just to smoothen the urban construction, protect consumer interest and to have a healthy real estate developments of apartments and unauthorized colonies, the bill was prepared in consultation with all stakeholders. The Parliament has not received necessary approvals [...] Continue Reading »

Heritage structures to get boost

Heritage structures to get boost
The heritage of Pune will be managed more professionally and will be restored as the Unesco-led Indian Heritage Cities Network (IHCN) and civic body has signed a memorandum of understanding (MoU). Sustainable socio-economic and cultural development of historic cities of India is taken care by the IHCN, who shares their experience .The Pune Municipal Corporation [...] Continue Reading »

Pune witnesses increasing demand for student housing

Pune witnesses increasing demand for student housing
The residential market demand is increasing in India because of the availability of good educational facilities. The heavy student population is definitely going to increase the demand for residential spaces as educational institutions lend value to a location. Pune is known as the knowledge hub as it provides quality educational institutions. Many other educational institutions [...] Continue Reading »

PMC demolishes illegal buildings

PMC demolishes illegal buildings
The number of illegal construction is increasing all over the country. After the civic body finished with the demolition drive in Parvati and Dattawadi, now Pune Municipal Corporation (PMC) has started with a demolition drive in Kondhwa and Wanowrie where unauthorized constructions are spread over 5,850 sqft. As many as 13 hotels extended front and side margins, totally measuring [...] Continue Reading »

Great property deals in Pune

Great property deals in Pune
The real estate market has been stable Pune, however, real estate factors like infrastructure development, employment opportunities and and areas like Hinjewadi, Tathawade, Ravet and Wakad have made Pune popular in the real estate market. These areas in Pune have been listed among the 13 top destinations in the country over the next five years [...] Continue Reading »

Pune retail market is booming

Pune retail market is booming
Pimpri Chinchwad Municipal Corporation’s (PCMC) upcoming large townships have all the unique facilities at affordable price. The new integrated townships are coming up in and around Pune which comprises of office space, recreation facilities and retail shops reduce the commuting time and travelling charges. Areas such as Hadapsar is offering a growth in both commercial [...] Continue Reading »



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