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Pune

Type plans prepared for houses in Pune

Type plans prepared for houses in Pune
The Pune district administration has prepared specific type plans for houses for the economically weaker sections in rural parts of the district. Around nine type plans have been prepared by the administration in consultations with Maharashtra Housing and Area Development Authority (MHADA) and are being sent to the director of the town planning department for [...] Continue Reading »

Pune property exhibition on its way!

Pune property exhibition on its way!
A latest property exhibition named ‘Ashiyana’ has been organised by the Central Bank of India in Pune  due to the upcoming festive season. This property expo has been held at the New Agriculture college ground, Sinchan Nagar, behind Bhosle Nagar, Range Hills and will be continued on November 3 and 4. It is seen that various [...] Continue Reading »

NIBM becoming realty destination in Pune

NIBM becoming realty destination in Pune
NIBM has become a realty hotspot in Pune. As increasing number of families are preferring the locality, many residential and business projects have started in the area. Currently the property price stands at Rs 6000 per sq ft in the area. The main advantage of the area is well connectivity through roads and the presence [...] Continue Reading »

Pune builders misguided flat owners about VAT

Pune builders misguided flat owners about VAT
The flat owners association and civil society organisations accused the builders’ lobby for inducing confusion among flat owners about payment of value added tax (VAT), through social advertisements. Confederation of Real Estate Developers’ Associations of India (CREDAI) has published advertisement about collection of VAT. As soon as the advertisement was out, the local builders sent [...] Continue Reading »

Residents accuse builder for selling land

Residents accuse builder for selling land
Residents of Kumar Elixir Society on Baner road allege that Kumar Builders is trying to sell a plot which is a part of the society, however the conveyance agreement was never executed. The flat owners have filed an application with the Chatushrungi police station asking not to allow anyone to take the land that belongs [...] Continue Reading »

India sees rise in office space demand

India sees rise in office space demand
After a slowdown in the first two quarters of 2012, India is witnessing a rise in demand for commercial rental spaces. Major cities such as Mumbai, Delhi-NCR, Bangalore, Chennai, Hyderabad, Pune, and Kolkata saw a total of  7.6 million sq ft office space absorption  in the July to September as compared to 5.9 million in [...] Continue Reading »

Azure Capital to raise Rs 500 cr via realty funds

Azure Capital to raise Rs 500 cr via realty funds
Through real estate fund that focuses commercial property is suppose to raise up to Rs 500 crore in the top seven cities of India by Azure Capital. India reality fund II, will be launched by Azure Capital, that will totally focus on commercial properties across the seven cities of India. The investors will focus on [...] Continue Reading »

Biggest property exhibition by CREDAI

Biggest property exhibition by CREDAI
A three day property exhibition to be held by the Confederation of Real Estate Developers’ Associations of India (CREDAI) at Amanora Town Centre on Kharadi Bypass from October 19. This will be the biggest property exhibition in the city . The three days exhibition will showcase an array of numerous property in and around koregaon Park, Kalyani [...] Continue Reading »

Zero Garbage Project: Oppn hits out at PMC

Zero Garbage Project: Oppn hits out at PMC
Pune Municipal Corporation (PMC) was hit out by Opposition leaders for allowing an NGO for implementing a Zero Garbage Project. To implement the Zero Garbage Project in 20 cities, the standing committee has approved the proposal to allot Rs 1.48 crore to  NGO Janwani. BJP corporator, Shirnath Bhimale has opposed the decision by saying that [...] Continue Reading »

Don’t pay VAT: Consumers forum to buyers

Don’t pay VAT: Consumers forum to buyers
As per planning, 1,500 flat owners of Pune gathered at Bhave school near Perugate on Sunday morning. The owners were disgruntled because of lack of transparency on the part of builders on payment of VAT. They were visibly angry and confused as they sought clarification on how much exactly do they owe the builders. The [...] Continue Reading »



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