Hinjewadi
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 »
According to Knight Frank report, the real estate sector will continue to remain a good investment destination with properties in several residential areas in selected cities likely to appreciate by 91-145 per cent over the next five years. High possible return on investments ranging between 18.6% and 29% per annum over the next five years [...] Continue Reading »
Pune real estate has been undergoing a strong transformation. Demand for homes have come from both local population as well as outsiders in the market. Potential buyers are no longer individuals from the IT Sector alone but also from other business sectors such as automobile, manufacturing, education and services. The increasing demand has resulted in [...] Continue Reading »
XRBIA Developers, the former Eiffel Developers & Realtors Ltd., has recently revealed the first-of-its-kind affordable housing brand XRBIA for pan India. Hafeez Contractor, a 61 year old renowned architect, has developed a revolutionary new design for affordable housing. An exact full size model of the actual house was shown during an occasion. XRBIA – Connoting [...] Continue Reading »
Real estate in Wakad, a locality in Pimpri-Chinchwad, is growing at a fast pace. Aundh being fully occupied, the neighbouring Wakad is now Pune’s new most-sought location after Aundh and Baner. The locality is a preferred choice of investment for most of the IT professionals as the IT park at Hinjewadi is in proximity. It [...] Continue Reading »
Costs of houses in Pune are on the rise. They have gone up 16 per cent in the first three months of the current year when compared to the corresponding period of last year. According to a study it is noticed that property prices in Pune region have escalated, reflecting the overall sentiment of the [...] Continue Reading »
The Saarthi Group in Pune recently launched a luxurious residential project named Saarthi Sovereign at Hinjewadi. This residential project is located at Hinjewadi Phase II has been considered a gem of a apartment project which provides excellent living opportunities. The apartment stands unique in Pune city as located midst greens and nature is sure to [...] Continue Reading »
An IT SEZ was sold for Rs 810 crore in Pune. The SEZ, jointly hold by DLF Ltd and Hubtown Ltd has been sold to Blackstone, a private equity fund company. Both the real estate developers had stakes in the company with DLF having 67% in it. The SEZ was situated in the Hinjewadi area [...] Continue Reading »
India’s largest real estate company, DLF steps up the disposal of non-core assets to pay down debt of almost $5 billion. It will sell its shareholding in two IT SEZs in Pune and Noida, for a combined value of Rs1300 crore. The transactions have not yet closed. Two partners, Ackruti City and The 3C Company, [...] Continue Reading »
One of the pleasures of buying a property in Pune is the fact that home buyers have many more options than they did a decade ago. The city has expanded in all directions, turning far-flung locations into buzzing destinations with a slew of properties to suit all buyers’ needs and budgets. Accompanying this tremendous growth [...] Continue Reading »
