Pune
Pune- The civic body gave conditional agree towards state government’s proposal to bring 28 merged small towns under the Pune Municipal Corporation (PMC) limitations. The new go ahead can boost the geographical area to more than 450 sq km from the present 243. 84 sq km. The administration commanded 19 TMC drinking water quota along [...] 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- The existence of 350-odd inhabitants of Zhunjar Co-operative Housing Community on Ahmednagar Path in Wadgaon Sheri have become miserable because of the sewage produced directly into a nullah through makeshift toilets employed by building staff who are in neighborhood shanties. The problem has grown to be a significant health risk and also became breeding [...] Continue Reading »
Owing to abounding investments of non resident Indians (NRIs), alluring offers provided by the builders and changing lifestyles of buyers, the demand for luxury housing market is gradually cheering up in the metros. The demand for luxury and ultra-luxury homes is growing, particularly for those ranging between Rs 1 crore to Rs 20 crore, or [...] Continue Reading »
Delhi/NCR- Most home buyers are quite baffled whether to buy or rent a home in a metro city. However, the increased costs of the property in prime areas along with the suburbs have made housing a difficult option in metropolitan cities especially for the middle income class. According to various analysis based on rental and property values [...] Continue Reading »
To regularize illegal cables, telecom companies and MSEDCL will have to pay thrice the original charges to the Pune Municipal Corporation (PMC). Regarding subway cables the civic management has come up with a proposal . The proposal will likely be reviewed in the social position panel meeting planned. Several government, semi-government, private corporations and also [...] Continue Reading »
The civic body in Pune has taken steps to produce appropriate information about agricultural land to avoid confusion between various departments. The agricultural department needs proper data about the total area available for agriculture as every year argicultural land is converted into non-agriculture zone and used for infrastructure, building homes, or residential complexes. The up [...] Continue Reading »
If you are planning to buy a house in metro cities then you have to wait for years to manage the downpayment but relatively in cities like Hyderabad and Pune the price of flats or rental values are affordable. In comparison, Bangalore is the third most affordable city to rent and fourth affordable city to [...] Continue Reading »
The real estate in Pune has shown signs of balance. According to a survey done by Jones Lang LeSalle (JLL), it was found that in last one month, leasing office space in Pune has been stable and there were no new supply of office spaces. Even the rents and capital value remained the same. Surprisingly, [...] Continue Reading »
Real estate advisory Cushman and Wakefield (C&W) said Pune has witnessed 28% of vacancies in malls in the third quarter of this year due to oversupply. However, due to the increased supply, the rental values witnessed a drop. The extravagant retail developments in the last few years in Pune have put some pressure on the rental values. The [...] Continue Reading »
