residential properties in Pune
Pune: Areas located in western periphery of Pune such as Aundh, Baner, Hinjewadi, Wakad, etc have been witnessing an ever increasing demand for houses with an area of over 1800 sq ft. It seems that buyers in Pune have decided to live in bigger homes. Besides local buyers, the city is observing huge demand by [...] Continue Reading »
In recent times, Koregaon park has emerged as one of the most sought after residential real estate destinations in Pune. The commercial real estate sector is also in a growing trend in this locality. This is due to the presence of wide range of offices, malls, hospitals, schools, colleges, entertainment facilities, among many others in [...] Continue Reading »
There have been forecasts that Pune residential real estate is going to boom in 2013. This may be due to high demand of properties from IT/ITeS and manufacturing sector employees. According to property consultancy firm, Jones Lang LaSalle India, investors based in Mumbai and NRIs are looking to invest in a market which has been [...] Continue Reading »
Are you planning to invest in a property? If yes then Moshi is the correct place for investment purpose. Moshi, which is located in the heart of Pimpri-Chinchwad Municipal Corporation (PCMC) area offers affordable housing. The current price of properties in Moshi ranges between Rs 3,200 to Rs 4,500 per sq ft. Whereas, in Pimpri [...] Continue Reading »
In less than three months, Pune Municipal Corporation (PMC) has collected Rs 300 crore as property tax from 3.75 lakh people since April 1, 2012. The property tax department in Pune stated that this milestone could be achieved only due to the tax discount scheme of PMC. The tax discount scheme stated that those who [...] Continue Reading »
Total 44,701 property holders in Pimpri Chinchwad availed the benefit of property tax concessions given by the civic body for people who paid their tax for 2011-12 in advance before June 30. The property tax department offers three types of tax concessions to city property holders who pay their tax before June 30. 10% concession [...] Continue Reading »
Panchshil Realty has bought back its stake in three projects from Merrill Lynch and IREO for over Rs 720 Crore. Panchshil realty has acquired 50% stake from IREO Real Estate in two projects – EON SEZ at Kharadi and a high-end residential project at Hadapsar for R480Cr. The third buy back was done in the [...] Continue Reading »
Green home rating system was launched by Indian Green Building Council at CII’s national conference in Pune. Additional Municipal Commissioner (Gen.) Pune Municipal Corporation announced that all green initiatives in real estate will get 5% to 10% rebate on property tax for green projects. The announcement made to enhance the effort to increase the green [...] Continue Reading »
