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Potential Areas for Real Estate Investment in PUNE, Maharashtra

Dear Readers/Prospective buyers/ Investors, Thought to share my mentioned below correspondence about potential areas for real estate investment in pune which may be useful for you to take best decision to invest in PUNE city. Dear Mr. , Greetings to you and many thanks for your phone calls few days before and just now also about your interest to invest in pune.  Thanks to Ms.......  who has referred you to us, still wish to introduce our company THE GURU REALTY run by me Deepak Sundrani" as an Estate Consultant operating & working Real Estate Consultancy Company in Pune City, Maharashtra since last 10 years & having partner in Dubai, UAE and already marketed & sold projects of many renowned Developers. We are core into real estate services and providing assistance to all requirements related to real estate i.e. Buying-selling, leasing – renting & property management professionally to all our clients be it corporates, individual clients or Nri

SECOND TIME'S A CHARM

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Sep 02 2017 : The Times of India (Pune)   Real estate has always been a safe and risk-free investment option. If you have saved enough money, invest in a second home and get handsome returns in the future Tax breaks: If you invest in a second home, there are multiple tax benefits that you can avail of. One of the major advantages is the interest payment benefits that you are claiming for your first home.However, in the General Budget for 2017-18, the union government decided to cap tax benefits on the purchase of a second home.This may deter people to use real estate as an instrument to save tax.Till now, if one bought a second house by taking a loan, the interest of the loan was treated as an expenditure to acquire the asset.Therefore, the entire interest payment, minus the rental income from the property, could be deducted from the buyer's gross earnings.Safe retreat: Developers are offering retirement homes with guaranteed rental income. The

HOME BUYING MYTHS BUSTED!

Sep 02 2017 : The Times of India (Pune) ANURADHA RAMAMIRTHAM Timesproperty  Planning to buy a home but apprehensive about taking the plunge? Fret not, as we bust a few home-buying myths Buying a home is one of the biggest decisions a person makes in his lifetime. Hence, we are bound to be extra cautious and many a times, get entangled in unnecessary conjectures, which more often than not can be detrimental and delay the decision-making process. Here are a few home-buying myths that we bust for you, so that you can go ahead and take the plunge. MYTH: GST has made home-buying complicated FACT: GST has subsumed all the indirect taxes and hence, made it easier for potential home-buyers. Earlier, due to information asymmetry, consumers were largely unaware of how VAT and service tax were calculated definitely, the entire tax calculation was too complex for lay people to understand. But now, the math is simple under-construction properties will be charged at 12 per cent (excluding

FREE OR LEASEHOLD - WHAT SAY!

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Sep 02 2017 : The Times of India (Pune) Sanjay Gupta Times property   When purchasing a property, ensure that you make an informed choice. Ask yourself, is it a leasehold or freehold property? While buying or investing one's hard-earned money in the real estate sector, it is prudent for the buyer to ascertain whether the property is freehold or leasehold. While both have their pros and cons, the onus lies on the buyer to understand the nuances of the same. Devendra Garg, an advocate, informs, “The main difference between a freehold and leasehold property is the land ownership and control. Normally, people prefer to buy a freehold property (house, flat, land, shop or other types) because the owner has undisputed right in the title of property. As per the law, the owner of a freehold property can transfer or sell the ownership of the property to anyone.Also, through registration of the property by the sale deed, one can either sell it or buy freehol

Shapoorji Pallonji Real Estate to launch six projects in FY18

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Under the agreement, the partnership will invest about USD 250 million, which will be used primarily for buying land and setting up initial infrastructure. PTI    |   August 21, 2017, 08:10 IST  Newsletter A   A   in Share 1   MUMBAI: Diversified  Shapoorji Pallonji  group's real estate arm is lining up at least six projects across the country in 2017-18, with two in the affordable housing segment, a senior company official said. "We plan to launch at least six projects this financial year. Out of these, we would be developing two projects under our 'Joyville' brand to build affordable homes," Shapoorji Pallonji Real Estate Chief Executive Venkatesh Gopalakrishnan told PTI here. Of the six, 2-3 projects are being planned to come up in the megapolis, two in  Pune  and one in the National Capital Region (NCR), he said, adding that the company already has 40 million sq ft land bank across the country. "We will be officially la

Buying property? Go for RERA-registered projects

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As 20 projects across the state are registered with the RERA, technically speaking, only 20 projects can sell properties. Ankur Sirothia   |   TNN   |   August 20, 2017, 10:05 IST  Newsletter A   A   in Share 7   BHOPAL: Think twice before buying property, if a real estate project is not registered with the  Real Estate Regulatory Authority  ( RERA ). Chances are a deal with a developer can pretty well land you in trouble. The regulatory body formed in the state from May 1 with the stated objective for saving buyers from being taken for a ride had set July 31 as a deadline for the project registration. And any project not registered till that date with the authority will be deemed as illegal. As 20 projects across the state are registered with the RERA, technically speaking, only 20 projects can sell properties. As per the RERA, projects with completion certificate by April 30 or 20 projects in question registered with the RERA can lawfully sale property

FROM TENANT TO (PROUD) OWNER

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Aug 19 2017 : The Times of India (Pune) AMIT SETHI Tpmfeedback   DOES BUYING AN APARTMENT SCORE OVER RENTING? OUR EXPERTS CERTAINLY THINK SO BUYING VS RENTING? Owning a house gives one a sense of security and always it ensures that you are never rendered homeless in case of any mishap. Also, if you give your house on rent you e can earn rental yields too, thus strengthening your financial bone. Additionally, in tough times, one can mortgage a house for taking an educational loan, marriage loan, etc. Fali Poncha, director residential and land (Mumbai), Knight Frank (India) Pvt Ltd, points out reasons why you should buy a home instead of rent: Owning a house gives a sense of stability and peace of mind, whereas if you occupy a rental flat, you would have to stress over periodically rising rental costs, the possibility of having to vacate on request of the landlord and other issues. “While there are initial costs involved in purchasing a home such as

PUNE - READY To Move in Apartments 1,2 & 3 BHK from renowned developer GODREJ.

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Greetings to you, Reg. PUNE - READY To Move in Apartments 1,2 & 3 BHK from renowned developer GODREJ. :  wish to share with you an opportunity of ready possession flats from Godrej 8 Acres of sprawling project with all state of the art amenities, coming up at very good location of pune in UNDRI area, just near Delhi Public School with great sale offer for limited period. 1 Bhk flat: around Rs. 29.70 Lacs onwards all inclusive. 2 Bhk flat: around Rs. 55.02 Lacs onwards all inclusive  3 Bhk type 1 flat: Rs. 66.50 Lacs onwards all inclusive. 3 Bhk type 2 flat: Rs. 77.70 Lacs onwards all inclusive. Additional features: gas pipeline, RO purifier, no floor rise charges, no garden facing charges & top of it done kitchen cabinets & Inverter Backup in every flat. if you are or anyone interested, please inform by email or whatsup or call me on my cell#9822052388 for special offer which is for limited period and inventory & best view flats will be sold

Real Estate Consultancy: One Stop Services:

Real Estate Consultancy: One Stop Services: Deals in Properties: Residential, Commercial & Land Plot in and around Pune, Maharashtra, India: ---Invite Exclusive Marketing of all types of Real estate projects Land Plotting like NA plots / farm house plots or Constructed developments. ---BUY under construction Properties from Various Projects. ---Professional Assistance for NRI's & PIO's. ---Assistance for Bank Finance. ---RESALE Under construction or Ready Properties. ---Lease or Rent Properties to corporate or Individuals. ---Property Management. ---Cost Effective Interior Works by Professionals. ---Architect Designing by Experts. ---Buy/Sell already leased properties on ROI basis. ---Buy/Sell Land Plots for Long term Investment. ---Buy/Sell Bungalow Plots in Townships. ---Buy/Sell Land Plots Available for Immediate Development. ---Expertise in Marketing Real Estate Projects to NRI's. ---Invite discussion for sole selling Right to market projects. ---Prop

Buying property through Bank finance will actually reduce total buying cost of property.

Dear Readers, Greetings, Although, have written article earlier on my blog in detail about advantages of bank finance however got intimated to share one of the greatest advantage of bank finance which believe that will help many buyers who are looking desperately to buy property but let it go because of higher total cost of property as per their budget. my intention here is to give them one more perspective to look/think at it. being a brokering company, I am involved daily with real time real estate transactions and apart from many advantages of bank finance route in buying properties, come across one real fact and greatest advantage of bank finance that it will actually reduce total cost of property. Sure, you will ask me how, so here is one example to explain it better, lets assume that property cost is either Rs. 50 Lacs or 1 Crore and maximum bank finance available will be Rs. 40 Lacs and 80 Lacs respectively so approximately EMI will be around 40,000/- and 80,000/- respec

Amazing Advantages of taking BANK FINANCE in Buying properties.

Pune: Dear Readers, Greetings to all, from last few days, was thinking to write article on topic of bank finance, ultimately got time. It's been many years of estate consultancy experience in Pune, India which has encouraged me to share something very useful opinion about Bank Finance for buying properties as it's not only for enduser but also great for investors point of view. Our country like india has massive real demand from endusers in every city however it's sure that hardly a few percent of people can pay full amount at one go so most of the endusers are unable to think buying properties and hesitant to go for bank finance due to unaware of great advantages or somehow the traditional mentality for not taking loans however bank finance has so many benefits that not only enduser but also investors who wishes to increase their fortune can go for bank finance route to multiply their investment returns many folds...Now, i should first give list of points which can be

Occupancy certificate must for moving into new house

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Jun 27 2017 : The Times of India (Pune) Radheshyam Jadhav Pune:   Completion Papers Not Enough Owning a house is an accomplishment for most people.However, occupying one without the essential documents can land them in trouble.When Vivek Lokhande's builder told him that he could occupy his newly bought flat since he possessed the completion certificate, Lokhande was more than glad. First thing to cross his mind was all the money he will save on rent. Little did he know that by occupying the flat without the occupancy certificate, he was indulging in an illegal activity . As per the Pune Municipal Corporation (PMC), occupying a flat without the occupancy certificate is illegal. “There must be no confusion that completion and occupancy are two different certificates. Occupying a flat without the occupancy certificate is illegal,“ PMC's city engineer Prashant Waghmare told TOI. Flat buyers tend to believe their occupancy becomes legal once th

POLICY WATCH - MAKE THE MOST OF IT

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Jul 01 2017 : The Times of India (Pune) Neha Nagpal Magicbricks Bureau   Mid-income group can avail credit-linked subsidy scheme for one year from the date of the announcement If you have a salary within Rs 12 lakh-Rs 18 lakh per annum and you plan to buy a house, don't forget the benefits offered by Prime Minister Modi which can bring down your home loan cost, resulting in savings.The Prime Minister's announcement on December 31, 2016, of two new credit subsidy schemes for the middle classes MIG 1 and 2 included the mid income group under the Housing for All mission. The scheme is valid for one year from the date of the announcement. WHAT YOU CAN GET? Now, young professionals with an annual income of Rs six lakh to Rs 12 lakh can avail a housing subsidy of four per cent and those with annual income levels of Rs 12 lakh -Rs 18 lakh can avail subsidy up to three per cent. To understand this better, if someone earns Rs 18 lakh per annum, she