Real estate in Pune
Baner area in Pune has seen the highest year-on-year price hike of 57 percent in the luxury segment of the real estate market in India, according to a report by Cushman and Wakefield. There was an average of 10 percent year-on-year price increase in mid-segment properties in India. Prices of the high end property segment [...] 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 »
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 »
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 »
Western Pune has been one of the most prominent real estate pockets over the years and the Apr-Jun 2012 quarter witnessed a growing preference for localities in West Pune as compared to East Pune. Locals like Wakad, Pimle Saudagar, Kothrud, Aundh, Baner have become most preferred residential locations. Much of the share of credits goes [...] Continue Reading »
The Gera Pune Market Intelligence Report released recently by Gera Developments has revealed that the price of real estate in June 2012 reached the highest in the last four years. The average price across market in June 2011 was Rs 3,467 per sq ft, which moved up to Rs 3,647 per sq ft in December, [...] Continue Reading »
The past few years have seen buoyant for the real estate sector in Pune. The pace of development has pushed many areas to saturation point, while new destinations have emerged. Talegaon is proving to be one of the good residential property investment destination, especially by investors from Mumbai. While the local demand is for 1 [...] Continue Reading »
