Welcome to know & Share information about Real Estate Market & Opportunity to invest.

This blog is an effort to bring more comprehensive, precise information about the current happening of Global & specially India's Real estate market and can have also professional advise and assistance to invest in "PUNE" city which is a India's Premiere IT Hub, Education Hub added with fantastic weather all the year & Surrounded with scenic beauty of hills. "Navi Mumbai" is also known emerging investment destination.

There will be frash review and open discussion about the specific topic which may interest to you.

EXPERT/PROFESSIONAL ADVISE TO NRI's (NON RESIDENT INDIANS) TO INVEST IN REAL ESTATE/ PROPERTIES IN PUNE, MAHARASHTRA, INDIA

*we are Real Estate Consulting / Brokering & property management company, based in pune and we work in PUNE, MUMBAI & GOA’s premium high ticket price properties and also assist buyers to book or buy/purchase suitable property as per their requirements and budget and can also offer any underconstruction propery from all recognized developers in pune. It\'s like saving time and getting our expertise & knowledge to search property for interested buyer\'s.

Resale/leasing, property management will involve service / brokering Fees. (We Believe in Quality)

RERA REGISTRATION NO. A52100002438

(reach directly on my cell No. 91-7498829332, +91-9822052388, Email: deepaksundrani@thegururealty.com

PLEASE ALSO VISIT OUR NEW WEBSITE ON SPECIFICALLY DEDICATED FOR PROPERTY MANAGEMENT SERVICES website http://punepropertymanagementservices.com/


It's always good time to invest in properties in rapidly developing INDIA

Dear freinds, it has quite sometime that i am again writing as has been very busy in my core business of consulting property buyers to purchase properties in Pune, India. here, just thought to write topic of right or good time for investing properties in India as from last few years or months, lot of ups & downs are happening in the world economy and indian economy so many people are asking this question continuously.. first i strongly believe that investing in Indian real estate will reap great appreciation for next 10 years, if investors can hold their investment till this period or till right time.
Now, here are reasons to back or support my point that indian real estate has great potential to give handsome returns are
1) One Of the fastest Developing Country
2) Real Demand
3) Inflation
4) Income Growth

1) India is one of the fastest growing country in world currently which makes it more attractive as when country is developing, it will never get fall in longer run as everything will be required ie. infrastructure, industries, residences, education etc. it's country of 1.30 billion + population in which 400 millions strong middle class having equivalent to entire europe makes it's one of the largest consumer market in the world. it will attract every corporate company established & emerging to come india and expand their businesses for such vast and great consumer market.

2) Real Demand refers to huge requirement of Residential and commercial spaces in millions required in india's cities as already it's predicted that millions of units will be required for endusing in urban areas which gives great optimism that india's real estate market is based upon real demand and as we can now check and know with our past experiences of international market of dubai, europe and USA that if there is no real enduser demand then real estate growth will not sustain in long term so we can surely say that india with huge population and demand can surely will give great appreciation.

3) Inflation is one of the most talked phrase in india currently as it's affecting every aspect of life in india. i wish to highlight impact of inflation upon real estate investment because if even we say that there is no appreciation for next 3-5 years, still inflation will make it impossible for developers to offer any real estate property on same price what one can purchase it today..It is very valid point as whatever you can buy now for Rs. 1 will get you half in next 3-5 years so forget about appreciation, still whatever purchased today will get double in next few years due to inflation...another example is that money value is getting devalue everyday so keeping money in bank will not be good idea in current scenario.

4) Recently thanks to IT and corporate world where salaries are increased handsomely given lot of ready cash to young working professionals who are highly educated and understand very well that investing in properties will give them maximum returns in future and great financial support in future.

All above points and many more positive aspect of India and indian economy indicates one thing that it's time to invest in indian properties to get great appreciation in coming years..

However it's very important to understand that nowadays, real estate market is not such that buy any property anywhere and expect good returns for it and may end up no return dead investment therefore it requires proper research and after surveying on the ground, one should decide for it as an opportunities always change with the time. for that, an expert needs to be consulted & hired which will not only benefit in finding right opportunity for buying property but also to manage it professionally at the later stage as it will involve many aspect of managing, leasing / renting and selling the property at the later stage to make earning & profit out of it.

About Pune City, Maharashtra State, India.

Pune hardly a distance from mumbai commercial hub of india, also known as the Oxford of east has shown impressive economic growth in the past few decades. Pune boasts of some excellent educational institutes along with key defence institutions. In the last decade a large number of companies have also made their presence felt in the city and several manufacturing and software companies have set up their development centres in this city. The rapid real estate growth in the city is reflected through the several residential as well as commercial properties that are mushrooming within the city. Along with excellent employment and educational opportunities, good weather and cosmopolitan population are some of the factors that have cause this phenomenal growth in the real estate sector. Industry experts indicate that residential space of around 1.76 million square feet is needed with the real estate sector recording compound annual growth of 51 percent. Residential spaces in prime areas like Camp, Koregaon Park, Aundh and Baner continue to be in demand. However lack of space in these areas has prompted many property developers to shift their focus to the fringe areas of the city which include Mundhwa, wagholi, Wanowrie, Nagar Road and Hinjewadi areas. The Maharashtra government has granted approval to private property developers to establish townships in Pune as a part of the Public Private Participation model and this has resulted in development of several integrated townships. The Pune real estate market encompasses low cost properties comprising of one or two bedroom dwellings as well as sophisticated opulent villas and duplex apartments. The properties are designed to reflect the contemporary lifestyles of people with many of them having excellent modern amenities like club house, swimming pool, gym and gardens. There are a large number of projects underway in upcoming areas like Wakad, Balewadi, Hinjewadi, Pimple Nilakh etc. The residential spaces in these projects are also quite affordable. The eastern belt of Pune has developed at a very fast pace and is much in demand because of its close proximity to the airport as well as IT parks. With the development of infrastructure particularly roads, areas like Magarpatta, Kalyani nagar, Viman nagar, Kharadi & wagholi have been well connected with the city and this has resulted in a great deal of demand for properties in these areas. one more location in South pune named NIBM is also a very good investment destination as having best schools name in this area. With the rapid infrastructural development and economic growth buying a property in Pune has become an excellent investment option. The real estate prices in Pune have consistently recorded an appreciation of around 25 to 30 percent each year. There is a greater demand for intelligent living spaces that provide upscale amenities. Over the past two years high rise towers have been permitted to be developed in some areas in Pune and many real estate developers have capitalised on this thereby transforming the Pune skyline. Investing in residential property in Pune can be fruitful. However some of the variables or factors that should be taken before buying the property include the location or area, the facilities offered in the project, infrastructural development in the location and quality of construction among others.

Pune: Hub of commercial properties for Lease & Rent and Sale Preleased on ROI basis.

Greetings, Pune is rightnow one of the best city of INDIA to attract commercial real estate investment and best suitable to start the business because of presence of many national & international companies having their setup's already.

we are currently having properties, offices for corporates, co-working offices, shops, showrooms, shopping mall spaces, schools, Restaurant, hotels & hospitals for sale and lease/rent in entire pune city starting sale price range of 2 Crores to 200 Crores and preleased properties giving rental returns of more between 5-10% annually.

we are also having office spaces for lease rent near and inside all IT parks of pune full floors, entire building to be offered to reputed brands for long leasing.

for more detail, please contact Deepak Sundrani #9822052388, deepaksundrani@thegururealty.com

Property / Real Estate Investment Opportunity for NRI's (Non Resident Indians)

Pune: from last few months, NRI community will have great chance and more opportunities to invest in india because of sudden appreciation of Dollar against Indian Rupee which is almost 15% therefore if any NRI or PIO from countries of US or any other middle eastern country, have pegged currency with US dollar then they can avail straight 15% discount indirectly because of exchange rate in investing properties in India which is no doubt will give really handsome retruns or profit in near future........Ideal situation NRI's those have spare money to avail this benefit.......another suggestion that NRI's can look for investment in PUNE, Maharashtra in India as it's very fast growing city and having immense potential to give maximum profit/returns in coming years.

Saturday, October 29, 2016

Corporation's cellphone app to check legal status of properties

Oct 29 2016 : The Times of India (Pune)
Pune:
TIMES NEWS NETWORK


With popular apps like `Vahan' offering data on vehicle ownership, the Pune Municipal Corporation (PMC) has come up with a mobile application, using which citizens can find out details of property ownership.The app, named Pune Urban, will help potential buyers assure the legality of a property.
“The mobile application is equipped with various features. It will ease the works related to the building permission department.Users can get information on topics ranging from the official in their areas to development plans since 1966,“ said Prashant Waghmare, city engineer with the civic body .
He added that applications, available across all mobile platforms, can be used by common citizens as well as professionals working in the real estate sector.
PMC officials said that citizens will be able to use the app as a guide while constructing a house. It is based on the Global Positioning System (GPS) and Geographical Information System (GIS) mapping. Area wise details such as reservations, ready reckoner rates and documents required for building permission can sought in the application. Buyers can use the app to check the approval status of the construction site, number of approved floors or status of the transfer of development rights (TDR).
PMC officials say that on an average around 4,500 building permission are given per year. This includes small houses as well as big projects. Residential as well as commercial properties get approved at the department.
The city has around 8.3 lakh properties. Of this nearly 1 lakh are commercial and around 7 lakh are residential buildings. Pune al so has 29,000 open plots while around 14,000 are a mix of commercial, residential and open properties.
As per PMC's data, the civic body has acted against over 5,500 illegal constructions in the last four years.
Illegal sheds and houses built on an area of around 29 lakh sq ft in slum pockets located in Shivajinagar, Kasba Peth, Wadgaonsheri, Ambegaon, Kothrud, Katraj, NIBM Road and Pashan were demolished.
The property tax department plans to use the GIS to identify illegal properties across the city.

Sunday, October 23, 2016

AREA WATCH - NEW AVENUES FOR INVESTMENT IN PUNE

Oct 22 2016 : The Times of India (Pune)


Pune city is still under the web of infrastructural development. North, West and South East Pune are witnessing different phases of construction activities. These developmental corridors will bring in the anticipated growth and expand the limits of Pune. Certain corridors fall under the jurisdiction of specific government authorities and, therefore, already have their growth chalked out under their development plans. Localities alongside these corridors are experiencing advancement and pose as a potential investment destination to buyers.Wakad and Hinjewadi have the potential to experience a slight increase in property prices in the coming years. The residential inventory of these localities mostly consists of premium residences.The dominant budget segment in the Wakad-Hinjewadi corridor is `60-80 lakh and contributes to 41 per cent share of the housing supply. The `40-60 lakh budget segment is a close second, followed by the `80 `1 crore budget segments.
About 60 per cent consumer demand is for 2-BHK units, while 29 per cent demand is for 3-BHK units.
The Undri-Pisoli corridor offers good residential options in different formats, price ranges and builder project preferences. It is an ideal destination for buyers looking for relatively affordable options which are not very far from the CBD of Pune. It is close to ITITeS office clusters such as Magarpatta City and Phursungi. Undri is the most preferred locality by tenants followed by Pisoli.
The housing stock mostly comprises of `40-60 lakh segment. Most of the available properties have a 2-BHK configuration. The size of most of these 2 BHK options vary from 1,000-1,200 sq ft. One can also find 3-BHK residences in the `60-80 lakh price segment.
Moshi-Chakan corridor represents the affordable housing market of Pune. Dominant property prices would be the `20-40 lakh followed by a much smaller share of `40-60 lakh price bracket.
One can find ready-to move-in properties here easily and the area is preferred by tenants for rental purpose. It is a price sensitive market. Research says buyers opt for 2-BHK formats which are relatively smaller in size and, therefore, the overall purchase cost is on the lower side.
Kharadi and Wagholi rank amongst the top five localities in Pune in terms of supply and demand for residential options. Wagholi is at the third place, followed by Kharadi at the fifth spot. Most of the supply is in the `40-60 lakh budget in the corridor while, 90 per cent of `20-40 lakh options can be found in Wagholi. The `60-80 lakh segment dominates in Kharadi.
More than 50 per cent consumers prefer 2-BHK units for rent or purchase purpose.
Localities along the Baner-Pimple Saudagar are popular among buyers looking for options in established areas with good connectivity to both, the City Centre as well as ITITeS offices in Hinjewadi.
Houses in these localities fall in the `60 lakh-1 crore price brackets. The `60-80 lakh and `80 lakh 1 crore brackets have 34 and 22 per cent share of the supply. Buyers in the corridor prefer 2-BHK formats which costs `60-80 lakh. People looking to rent here opt for 3-BHK units.
All five corridors of growth are investment destinations for potential buyers.These areas will witness development in the future, therefore buying here makes sense. Before purchasing a property, it is advisable to check the background of the builder. This is essential to check whether there has been delay in project delivery or issues regarding poor quality construction. A little caution and in depth research on buyer's end goes hand-in-hand in buying a hassle-free property.
BANER BALEWADI
Improved infrastructure, a pronounced job market, good connectivity to business and commercial districts, ample stock determines the popularity of this corridor which consists of Baner, Balewadi, Pimple Nilakh and Pimple Saudagar. On account of this, the pricing is on the higher side and should remain stable for the time being. The amenities and availability of property also ensures that these areas act as back-ups for each other. For example, Pimple Nilakh largely receives the spill-over demand from Aundh and Baner and some industrial-driven demand from Talegaon.
KHARADI WAGHOLI
Popular among the new and somewhat career-settled buyers of Pune, the Kharadi-Wagholi corridor will maintain its pace for some time now. Land availability and proximity to ITITes offices ensures that the belt has further room to expand. Owing to its price, Kharadi and Wagholi may be targeted at a handful of buyer base.
However, the pull factor is dominant.
New launches, choice in stock, different formats, amenities and scope of appreciation will keep the belt moving.
WAKAD HINJEWADI
Considerable development and properties priced almost equally and at a premium, that is, Wakad and Hinjewadi for you. This belt that consists of Hinjewadi, Wakad and Marun still has considerable land bank for further development towards the west. Expect a marginal increase in values over time. At the moment, prices are in the range of `5,900-6,100 per sq ft. If Hinjewadi merges with PCMC, additional focus on infrastructure and new development would work favourably for local realty. This with the existing wealth of the ITITeS centres in the two localities will help maintain the charm of realty here.
UNDRI PISOLI
Varied formats available in a broad price range, that's Undri-Pisoli belt for you.Due to the supply, consumers get to choose and, perhaps, also negotiate. Well connected with respect to other strategic locations as well as linkage with major highways such as the Pune-Mumbai Highway, Pune-Bangalore Highway, PuneSolapur Highway and the IT clusters of Hadapsar, Magarpatta City and Phursungi lend the area some weight in the preference meter. Although not as fully fledged in terms of conveniences, the merger, when it happens, with PMC would be a strategic one. This belt makes for a good bet for those looking for a pocketfriendly housing option.
MOSHI CHAKAN
Moshi and Chakan may not have sprung up in the wish list of the high-heeled, but given the development activities in the belt and the existing stock, it may be a good time to skim through and shortlist a property of your choice. However, expect good returns only in the long run because it largely remains a price sensitive market. What may work for this belt is the possibility of an upcoming international airport. When a reality, it will change the dynamics of realty here. However, it is at an embryonic stage and given the infrastructure lags, may be a gainful enterprise in the long run only.

Thursday, October 6, 2016

COVER STORY - Pune poised PERFECTLY


Oct 01 2016 : The Times of India (Pune)


Are you a first-time home buyer? Infrastructure, connectivity and presence of civic facilities are the important aspects across segments
The first home is an important step towards stability in one's life. Pune offers opportunities for all types of home buyers whether it is an affordable segment or the luxury. While buying the first home in Pune, the buyer needs to take care of certain things such as quality of infrastructure, connectivity and presence of civic facilities in the area.There is good scope for the first home buyers in Pune. “The real estate segment of Pune is experiencing a facelift driven by an improvement in infrastructure and strengthening ITITeS business in the city. With its close proximity to Mumbai, Goa, Satara, Kolhapur and Belgaum, quality infrastructure and year-round good weather, Pune have grown into a better -performing real estate market in the last five years. Moreover, Pune offers spacious and well equipped apartments at more affordable prices, making it an increasingly favourable first home destination for the incoming working population. In the long run, Pune will experience an upward trend in real estate prices as the city continues to be an IT, education and manufacturing hub and offers huge service opportunities which will stimulate the demand for real estate and especially first homes in this city“, explains Rajeeb Dash, AVP Sales & Marketing, Tata Housing Development Company Ltd.
Experts believe that Pune is a city where owning a home still presents a very sound rationale from both, family security and investment perspectives. Also, the national slowdown in the realty market has made homes in Pune more affordable than ever before.
PLANNING THE FIRST HOME
According to experts, it is always a good time to buy a property if the homebuyer has found a house which matches one's requirements. Residential segment is the mainstay of the real estate market and regardless of the market's condition, it is likely to stay that way. Today buyers have multiple options to choose from with unbelievable offers from developers. Notwithstanding the reputation of the builder and a secure transaction, home seekers should explore Pune's peripheral locations that offer rapidly developing infrastructure, good connectivity, benefits of good climate and residential projects at affordable prices. With the city and its nodes fast becoming home to multisegments residential developments, customers should acquaint themselves with the portfolio of offerings in the city.
Sanjay Bajaj, managing director Pune, JLL India, says, “Decide on budget, work in some flexibility via bank leverage and look at the options available at good locations from reputed developers. As a first-time buyer, one may lack the market exposure and be prone to impulse decisions, which need to be avoided. Look for projects by accredited builders with reasonable short possession timelines not exceeding six to twelve months.“
Bajaj adds, “Social and civic infrastructures are the factors that decide how comfortable and convenient one's residential experience would be. One should not compromise on basic facilities like water and power, and look for good road connectivity and public transport as well. At a project level, never buy into amenities unlikely to be ever used. Instead, focus on aspects like adequate unit size, parking and green open spaces.“
ATTRACTIVE LOCATIONS
Undri-Pisoli, Bhugaon, Wagholi, Mundhwa and Hadapsar are currently popular among first-time homebuyers owing to attractive price points, rapid infrastructure growth and good connectivity to important workplace hubs in the city.
An increasing demand for housing in and around Pune city has resulted in rapid development of locations such as Kalyani Nagar, Charoli, Wakad, Baner, Pimple Saudagar and Rahatani.
Expert suggests that an attractive location to watch out for is Undri, thanks to rise in demand for affordable housing in this area. It is conveniently close to Pune Camp and has the added advantage of being well connected to various key localities in Pune. Undri now has several options, both in affordable and premium categories, which is giving further prominence to the area.
Another viable residential location close to Pune is Talegaon. It is 20 kms away from the important location of Hinjewadi, which is deemed to be a major IT hub of Pune, making Talegaon a sought-after destination among IT professionals.