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Pune

1,206 illegal structures can’t be razed for want of manpower and machinery

1,206 illegal structures can’t be razed for want of manpower and machinery
Officials are unable to instigate action without any machinery or manpower. Even though the Haveli office of Pune district administration has prepared a list of1, 206 illegal constructions beyond the Pune Municipal Corporation (PMC) limits, spread across 10 villages in the 10-km radius. The district officials who have prepared the list after a detailed survey [...] Continue Reading »

PMC finds it difficult to dispose the construction debris

PMC finds it difficult to dispose the construction debris
With Pune progressing fast on the realty front, hundreds of constructions have come up across the city and with similar number of renovations of flats and other properties happening, the debris is being dumped recklessly, much to the alarm of environmentalists. If the Pune Municipal Corporation (PMC) wants to contain further degradation of water bodies, [...] Continue Reading »

Hundreds rush to the Mantralaya for ‘Rs 54,000 flats’ in plush Powai

Hundreds rush to the Mantralaya for ‘Rs 54,000 flats’ in plush Powai
Residents across Mumbai, Thane, Navi Mumbai thronged Mantralaya, headquarters of the state government to submit forms that they believed would help them get a house in Powai for a meager Rs 54,000 under a low-cost housing scheme floated by CM Prithviraj Chavan. CMO’s desk section received the forms during the day, and due to immense [...] Continue Reading »

Pune’s Dhanori and Kharadi have maximum supply of 3-BHK units

Pune’s Dhanori and Kharadi have maximum supply of 3-BHK units
The Dhanori and Kharadi localities in the north-east Pune have a large number of options for strategically located, spacious 3 BHK apartments within affordable budget ranges. While the supply side has huge inventory, the demand is also not coming down. The major demand for such accommodation options is from the IT establishments in the city. [...] Continue Reading »

Home Loan sector going strong

Home Loan sector going strong
The segment of home loans continues to witness strong growth despite the slowdown in the economy. According to the vice-chairman & CEO of HDFC Ltd – Keki Mistry; the fiscal year of 2014 is expected to be yet another year of good growth in regards to home loans as customers bring forward home purchases to [...] Continue Reading »

Viman Nagar – Wagholi Corridor witnessing maximum real estate developments

Viman Nagar – Wagholi Corridor witnessing maximum real estate developments
Viman Nagar-Wagholi corridor in Pune is observing high rate of real estate developments. This 7 km long stretch is betting high on the proximity with the Hinjewadi, good connectivity to the main city and fast developing infrastructure. Wagholi is attracting buyers due to the affordable offerings, while Viman Nagar is catching the attention of the [...] Continue Reading »

Balewadi – Wakad Corridor: Preferred Investment option in Pune

Balewadi – Wakad Corridor: Preferred Investment option in Pune
Balewadi – Wakad corridor has emerged as one of the upcoming real estate destination in Pune. This area has a huge demand for the mid – segment housing. Infrastructure developments, employment opportunity and easy connectivity to the central areas of the city are the major reasons for the growth of real estate in this corridor. [...] Continue Reading »

Is Pune real estate market witnessing price correction?

Is Pune real estate market witnessing price correction?
Pune : Pune real estate has grown to higher levels and the property prices have increased by many folds in almost all the parts of the city. Pune is an end user driven market with a constant increase in demand of the residential units. The suburbs like Hinjewadi, Kharadi, Hadapsar, Aundh and Wakad are very [...] Continue Reading »

Pune rents going north

Pune rents going north
Pune – Over the past few years, Pune is creating job opportunities for professionals and this is increasing the demand for residential housing in some locations. Posh localities with all amenities and new good quality constructions are in high demand with corporate offices. The corporate offices are looking for fully furnished properties to lease out [...] Continue Reading »

PCMC Pune gets tough with illegal constructions

PCMC Pune gets tough with illegal constructions
Pimpri Chinchwad Municipal Corporation (PCMC) has been getting tough on illegal buildings in the city. The civic body has disconnected all water connections of illegal constructions in the city. Also, the authority has been serving notices to the residents who occupy such buildings. Due to the tough decision taken by the authority, an argument between [...] Continue Reading »



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