Pune
With the improvement in corporate sector and information technology (IT) sectors service apartments is slowing gaining importance. Serviced apartments are in the buzz in Indian real estate. Cities like; Delhi, Kolkata, Bangalore, Kochi and Pune real estate firms have started offering medium as well as high end serviced apartments. These service apartments are fully furnished [...] Continue Reading »
Confederation of Real Estate Developers’ Associations of India (CREDAI) in Pune is moving fast ahead to implement a regulatory regime. This regime will converge all the procedures related to real estate domain. The real estate procedures have to be assembled for proper functioning of the sector. From now onwards, all the operations which are dealt in [...] Continue Reading »
Discounted flats (DF) are aiming to negotiating with the developers and on behalf of home buyers to end up at good property sale deal. Discounted flats is a Pan-India group booking channel aiming to group residential buyers across India in order to avail discounts of up to 30 per cent. Although this scheme was launched a month [...] Continue Reading »
It has been traced that several thousands of commercial space is lying idle in many cities like; Chennai, Pune, Bangalore, Kolkata, Delhi NCR. Developers in these cities have built up many buildings in huge spaces which is hardly being used. Real estate experts say that the commercial real estate market all over India is facing [...] Continue Reading »
A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month. However, the city tax department of PMC has till now collected Rs. 25 crores only. PMC has taken this task pretty seriously, as property tax is the main source of [...] Continue Reading »
Pune Nagrik Sanghatana (PNS) says that it is high time to clear all the property tax which is kept pending from years. Therefore, Pune Municipal Corporation (PMC) has been ordered not to hike the property tax for other five years. PMC has been initiated to concentrate on recovering the dues, however PNS has also encouraged [...] Continue Reading »
Mumbai based developer Hiranandani Constructions is all set and ready to invest Rs 3,000 on various realty projects across the country. Hiranandani Construction experts say they would be investing nearly Rs 2,000 crore to Rs 3,000 crore for many new launches by the end of 2012. The company will be investing on residential and hospitality sectors [...] Continue Reading »
Illegal constructions is not spared even around historical monuments. Recently, Pune municipal corporation (PMC) traced nearly 160 illegal constructions within the prohibited and regulated areas where historical buildings are raised since times immortal. Today, Archaeological Survey of India’s (ASI) Mumbai Circle, has been surrounded by illegal constructions. ASI experts say that around 120 buildings are [...] Continue Reading »
The recent real estate regulation & development bill, 2011 drafted by the central government is now bearing fruits for the citizens of Pune. The bill has provisioned Pune Municipal Corporation to take action against developers and builders for incomplete work, for not providing no-objection certificate and occupancy certificate and also failing to provide basic amenities [...] Continue Reading »
The concept of car pooling is fast gaining importance in cities like Bangalore, Pune, Chennai and Kolkata. The concept came into use to limit the use of vehicles and commute easily. With car pooling office goers can choose to commute with their neighbours traveling in the same route. Around 300 commuters in Chennai have registered [...] Continue Reading »
