Pune
According to a report released by Knight Frank India and the Federation of Indian Chambers of Commerce & Industry, the real estate market has deteriorated compared to the last six months. The quarterly report captures the suppliers’ perspective of real estate market conditions, titled the ‘Real estate sentiment index’. It explains the current sentiment as [...] Continue Reading »
Recently, Tata Housing declared it is planning to invest Rs.1, 200 crore for developing 13 housing projects for senior citizens in the next five years. In Bangalore by the name of Riva Residences, the company had already launched its first project and work for similar projects would soon commence in more cities, including Chennai, Ahmedabad, [...] Continue Reading »
Kruti Kumar Jain, director, Kumar Urban Development said, “The Mega Township is aimed at catering to the employment catchment area of Kharadi and Hadpasar in Pune.” Jain said , the project offers a unique combination of luxury and affordability and the prices start at Rs 30 lakh.She added the project’s USP is its proximity to [...] Continue Reading »
Luxury housing is strongly emerging as a market in the country. The demand, however, varies according to the cities. In fact, the definition of luxury changes according to the location. A two bedroom flat, for example, is considered luxury housing in certain locations in Mumbai, Pune, Bangalore or Gurgaon. More precisely, luxury homes would be [...] Continue Reading »
Tata Value Homes Limited (TVHL) is a 100 per cent subsidiary of Tata Housing Development Company. The company’s National Home Buying Day was oversubscribed 4 times with over 800 applications for the allocated 200 units across 5 projects. The website has seen 3,00,000 hits during the four days. Buyers from across the country and NRIs [...] Continue Reading »
The toll on Mumbai-Pune expressway and the national highway (NH4) between Mumbai and Pune will be levied even beyond 2019. While toll payment was expected to wind up five years from now but the Maharashtra State Road Development Corporation (MSRDC) has initiated the process to select a private entrepreneur to carry out operation and maintenance [...] Continue Reading »
For property owners in Kharadi in East Pune or Baner in West Pune, there is a good reason to cheer. The rentals in these locations have gone up by 28-31 per cent in the last two years. According to a survey, 82 per cent of home-buyers consider investing and staying near their work place or [...] Continue Reading »
A proposed six-lane bridge across Yamuna, parallel to the existing Okhla Barrage, will be offered to the Commuters travelling between Delhi, Noida and Faridabad. Just two bids have been received by Noida Authority for its tender, one of which has failed to comply with the parameters set. The Authority has pronounced to recall the tenders [...] Continue Reading »
Through a newly formed category named as alternative investment funds (AIF), HDFC Mutual Fund plans to raise up to Rs1,500 crore for real estate. The asset management company will raise the money through a new division that is expected to be called HDFC AIF, according to two persons who are familiar with the matter. An [...] Continue Reading »
Tata Housing’s 100 percent subsidiary, Tata Value Homes Ltd (TVHL), in its new initiative, will organize national home buying campaign from February 21 to 24 to make buyers purchase home online with guaranteed appreciation up to 33 per cent. The offer will be available across all TVHL projects in Ahmedabad, Pune, Bengaluru and Chennai. Just [...] Continue Reading »
