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Pune: The first phase of the 15-km  Hyperloop  track in Pune, from Balewadi to Gahunje, will serve as the testing track for passenger movement. Kiran Gitte, the commissioner of the Pune Metropolitan Region Development Authority (PMRDA), said a transactional advisor will be appointed within a fortnight and the track will be ready by next year. The advisor company would need to have prior experience in handline high-speed transport, as the PMRDA itself does not have the adequate know-how on the subject. The chosen firm would be required help with project structuring, finances as well as engaging in other parameters. It must also work closely with the Virgin  Hyperloop  team. Virgin  Hyperloop  One will fully fund the 15-km demonstration track, which will cost roughly ₹3,000 crore. The PMRDA will provide the required land. It has recommended two sites — one along the Pune-Mumbai Expressway and the other along the old Pune-Mumbai highway. Hyperloop  is a high-speed mode of tr

State approves ₹3,513cr for Purandar airport land deals Centre Too Expected To Allot Funds Nisha.Nambiar & Joy.Sengupta TNN Pune: The state government gave administrative and financial approval of Rs 3,513 crore for land acquisition for the Purandar airport on Wednesday. A GR issued by the general administrative department (GAD) said the state has approved the amount for acquiring about 2,376 hectares in Purandar. Of the amount, Rs 2,713 crore has been earmarked for land acquisition. The remaining is for other acquisitions. The GR said the amount would be given to Maharashtra Airport Development Company (MADC), which would be the Special Planning Authority (SPA). Naval Kishore Ram, the Pune collector, said the next step would be the MADC’s proposal for land acquisition. “Once the MADC is appointed as the SPA, it can make a proposal for land acquisition. A separate GR, with survey numbers and the rehabilitation process, has to be issued,” he said. Suresh Kakani, CMD of MA

VASTU TIPS FOR FLATS  The architecture of flats should follow vastu for Flats the guidelines laid by Vastu Shashtra or it can have a damaging affect on our lives. You can invite calamities in your life, if you chose to ignore Vastu advice while building a flat for yourself.  helps to make your living comfortable in flats and prevent illness and other dangers from creeping into your life or relationships. The article brings some very important guidelines to be kept in mind while planning the architecture of a flat. Go through them and know the right Vasthu for flats, to make your life happy and prosperous.  Vastu Guide for Flats According to Vaastu, the master bedrooms should be in the southwest corner of the house. If the house has more than one floor, then the master bedroom should be on the topmost floor. The ceiling should be in level; as it makes the energy of the room uniform and helps the occupants keep a steady state of mind. The

We have currently following Properties available for lease rent at very prime location location of PUNE: 1) Well furnished running hotel with 44 rooms, kitchen, veg restaurant & conference hall, with ample open space for expanding F&B; Location - Shivajinagar; Expected rent - Rs.17 lacs per month or sale price 55cr. 2) Running Hotel near Pune station very prime location with 87 fully furnished rooms, Pure-Veg,Restaurant, kitchen set-up, conference halls, near Pune railway station at very prime location,  Expected rent - Rs.21lacs; Deposit - 10 months rent. 3) 23 rooms + terrace for restaurant and spa or gym, swimming pool, + banquet hall + small conference and reception at Koregaon park, Rent 15 lacs, Deposit 10 months. Our service/brokerage fee will be 1 month equivalent rent to be paid by tenant at the time of signing agreement. For more detail, pls contact # 9822052388  Deepak Sundrani (the guru realty) Thanks & Regards, Deepak Sundrani, The

Whether you are a busy individual searching for your dream home, a relocating business, or a property investor, property consultants can provide you the necessary backup. High-class Property Search consultants possess the through local knowledge, responsive market connections, and specialist experience to attain the property that match perfectly with your requirements. By opting for better real estate consultants you can achieve maximum benefit and minimize the possibility of failures. Complete property consultants will not only act as just search agents but also as experts committed to finding and securing the property that you wished to attain. Instead of you having to investigate the market, find the property then manage the buying or lease arrangement, property consultants will perform all this for you, saving you time, stress and expense. If you want to acquire the right property it is important that the consultant you choose completely understand your needs. Property consult

After a long wait, construction work for the Pune metro has finally taken off KANCHAN.GOGATE Metro is expected to bring a lot of respite to the city that has always faced the challenge of poor public transport. After many discussions, objections and suggestions, the metro plan for the city was finalised a year ago and now the Phase I construction has started on a fast track. Pune metro has been proposed on two routes —Swargate to Pimpri and Vanaz to Ramwadi. The first route has a number of PCMC stations like Tukaram Nagar, Bhosari, Kasarwadi, Phugewadi, Dapodi, Bopodi and Khadki. ADMINISTRATIVE PUSH The state administration has asked authorities to make integrated transport hub alongside Pune metro at Swargate. The hub will integrate the services of Pune Mahanagar Parivahan Mahamandal Limited (PMPML), Maharashtra State Road Transport Corporation (MSRTC) and Metro rail to ensure better facilities to commuters and smooth switching from one service to ano

Dear Readers, sharing experience of seasoned investor in this Article, hope it will be a great help to many new investors. 3 Times in My Real Estate Career When Failing Was a Success Is it ever possible to really have complete clarity and foresight? None of us has a crystal ball. What may first appear to be a disaster can become one of the most fortunate happy mistakes of your career. As real estate investors, we aim to solve problems daily. We try to use common sense to make sure we perform proper due diligence before making any serious investments. Sometimes we feel confident in our decisions, and other times we feel pressured into making quick choices in an instant. Especially while you are still learning, this unconfident decision-making process is often called learning by trial and error. Below are 3 investment stories when failing was a real estate success. 1. Undercut by Doing the Right Thing I arrived to the seller’s mobile home right on time for our appoint

Capital Gains Tax India A guide to tax impact on income from capital gains Updated on Feb 02, 2018 - 05:33:33 PM Contents: What is a  Capital   Gain ? What are Long-Term and Short-Term  Capital  Assets? Calculating  Capital   Gains Exemption on  Capital   Gains Saving Tax on Sale of Agricultural Land What is a  Capital   Gain ? Any profit or  gain  that arises from the sale of a ‘ capital  asset’ is a  capital   gain . This  gain  or profit is charged to tax in the year in which the transfer of the  capital  asset takes place. Capital   gains  are not applicable when an asset is inherited because there is no sale, only a transfer. However, if this asset is sold by the person who inherits it,  capital   gains  tax will be applicable. The Income Tax Act has specifically exempted assets received as gifts by way of an inheritance or will. What is a  Capital  Asset? Here are some examples of  capital  assets: land, building, house property, vehicles, patents,