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Real Estate Outlook Positive for 2017: CBRE

NewsVoir Mumbai, Apr 27, 2017 CBRE South Asia Pvt. Ltd. , India’s leading real estate consulting firm, today announced the findings of its Asia Pacific Real Estate Market Outlook 2017 - India. As per the report, India continues to hold its position as the world’s fastest growing G-20 economy, on the back of improved investor confidence and better policy reforms. The report is part of a global research series released by CBRE every year, highlighting trends and dynamics across various segments in the real estate sector for the year ahead. Commenting on the buoyancy of the sector , Anshuman Magazine, Chairman, India and South East Asia, CBRE  said, “ With 2016 being the year of landmark decisions for the Indian real estate industry, the sector saw concerted efforts by the Government to bring in transparency as well as boost consumer sentiment in the sector, especially in the residential market. The outlook for the year 2017 is positive with an expectancy of steady growth,

Property Tax Pune

Pune Municipal Corporation Property (PMC) Tax: Property tax is the second largest source of revenue in Pune. Pune Municipal Corporation is solely responsible for levying and collecting property tax payment in Pune. PMC cover more than 6 lakh properties in its purview. Pune has online as well as offline property tax payment facility. The website can be viewed in the local language as well as in English. Since 1950, Pune Municipal Corporation has been administering the city and serving the citizens. PMC has taken the initiative for implementing e-Governance. Property tax is levied on a person’s personal property. The property tax are charged on residential house that is either self-occupied or let out, office building, factory building, godowns, flats and shops. Pimpri Chinchwad Municipal Corporation Property Tax Pune: Pimpri Chinchwad Municipal Corporation is a Municipal Corporation in the city of Pimpri-Chinchwad which is the Urban Agglomeration of Pune. It provides the follo

EXPERT INSIGHTS - DRIVING HOME A POINT india

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Mar 04 2017 : The Times of India (Pune)   A Shankar, national director and head of Operations Strategic Consulting, JLL India, dwells on re-imagining India's informal housing challenge via convergence of Housing for All and Smart Cities Mission The year 2016 turned out to be a year of transi tion, particularly for real estate a sector that has been directly or indirectly affected or altered by most policy reforms introduced by the state or central governments. Some of these policy changes might seem disadvantageous in the short run; however, they will render the entire system more mature, organized and transparent.The recently-announced Union Budget 2017-18 has yet again emphasised the importance of housing, and has accorded infrastructure status to this sector. It is important to attract the attention of all stakeholders to this sector, particularly those who influence supply developers and banks.Given the benefits offered in the budget, the cl

Among the select few - Kalyani nagar

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Mar 04 2017 : The Times of India (Pune) (Magicbricks Bureau)   There are some Pune localities that have registered a price growth and Kalyani Nagar is one of them In the real estate market of Pune, which has been largely stable since a few years, there are a few localities that have actually registered a price growth.Kalyani Nagar, located in East Pune, has witnessed a healthy appreciation of about Rs 400 per sq ft in the past year. This means that an apartment of 1,000 sq ft which was for approximately Rs 90,94,000 in February 2016, will be available for Rs 94,92,000 now. One main reason behind this price appreciation can be that lot of projects have come up for possession in 2017. Several new proj ects which were under construction since the last few years, are now ready, pushing the prices up. Gaurav Malhotra of Big Money Properties, a broker based in Kalyani Nagar says, “The locality has had quite a few residential projects reaching the completi

NIBM Road: Emerging location in Pune

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NIBM Road: Emerging location in Pune NIBM (National Institute of Banking Management) is become a centre point of lots of big real estate development from last few years with the support of well improved infrastructure, the place has transformed completely however still some people think differently about the location and does not even think about it as their perception about the location is not updated. here i would like to put more light upon why Area near NIBM is and will become one of the best prime location in near future.The major factor which fuels Real estate growth in particular area are: 1) Infrastructure  2) Road Connectivity  3) Schools & Institutes  4) Hospitals  5) Commercial Malls & Multiplexes  6) Upcoming Developments Residential & Commercial. I would like to summarize above factors in one paragraph as they intermingled each other or better to say that they compliment each other. the Infrastructure of Roads has been improved a lot on all sides o

Win-win situation this of Demonetisation

Mar 04 2017 : The Times of India (Pune) Vinit Deo   Here's how demonetisation can have a long-term positive effect on the real estate sector One of the objectives behind demonetisation was flushing out and curbing the black money. In the entire two month period of demonetisation, media was abuzz with stories that the real estate industry will crash as the 'social media economists' had made up their mind that the entire industry seems to run on cash! Also, last three months have not shown any signs of prices reducing leave aside crashing.Following are the reasons as to why it will, in fact, have a long term positive effect on the real estate sector. 1 BLACK MONEY & REAL ESTATE: BUSTING THE MYTH In India virtually every industry has a component of cash transactions and real estate was no exception. It is obviously impossible to know the percentage of cash transactions in India as a whole, we can definitely do a quick comparative study

PUNE'S PULSE - REALTY ON A REBOUND

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Feb 18 2017 : The Times of India (Pune) Amit Sethi   Year 2017 is set to be the one of hope and strength for Pune's real estate sector, aver experts The year bygone would certainly be remembered as a year of reforms and plat form creation for the growth of realty sector.RERA, Benami Act amendment, interest rate cuts and demonetisation were four major takeaways from 2016 that would keep the realty market busy again in 2017. Experts opine that 2017 is set to be the one of hope and strength for Pune's real estate sector.“The year 2016 saw major developments, be it in the area of an interest rate cut by the apex bank for softer home loans, newer policies and introduction of smaller unit sizes to push sales REITs et al in the Indian real estate sector. The passage of RERA was a major step towards bringing in added efficiency and transparency in this sector. From the Benami Act to demonetisation, all policies were aimed at increasing the transpar

COVER STORY - THE REAL BUDGETARY BOOST

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Feb 18 2017 : The Times of India (Pune) Kanchan Gogate   With infrastructure status granted to affordable housing, realty industry has given a solid thumbs up to the recent Union Budget. Experts feel easing capital gains tax norms will give the sector much-needed and deserved fillip Post-the landmark demonetisation decision, the 2017 Union Budget was the most-awaited policy measure for the Indian economy. Like many sectors, realty sector, too, expected a budgetary boost and the Union Finance minister didn't let the industry down. The industry has termed this budget rather historical and has cheered two special mentions, industry status to lowcost housing and the easing of capital gains tax norms.It is pertinent to note that industry status had been one of the long-pending demands. The infrastructure status to affordable housing development has been complemented by raising the allocation to the rural housing programme by about 50 percent. Key

BENEFITS beckoning realty

Feb 18 2017 : The Times of India (Pune)   Small amendments in the Income Tax Act spread across the Budget have ensured benefits to all stakeholders A close reading of the Union Budget 2017 tells us that, housing, especially affordable housing, was the only industry that found mention in the Union finance minister's speech. It was a pleasant surprise to find that small amendments in the Income Tax Act spread across the Budget have given benefits to all stakeholders; home buyers in urban and rural areas, investors, landowners, owners of redevelopment properties, banks, real estate funds and of course, developers.Many experts in the field believe that this is the beginning of more such incentives for this crucial sector, which is India's second highest employer and could stimulate over 140 industries once it starts growing. Following are the various benefits that the Union Budget is set to bring in trail. INDUSTRY: Infrastructure status to aff

TRUE COLORS waterproofing & painting services in PUNE

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Dear Readers, This is our new venture, looking for your good wishes & support: It's great pleasure to introduce us for providing waterproofing & painting solutions in Pune. We are already providing these services from last 5 years to our existing clients through our sister concerns which deals with real estate activities and recently we have thought to provide these services to the masses through our new venture true colors services as we have gained quite a lot of experience & proven record of providing quality services & solutions. Our motto is to work up to the satisfaction to our client & we put efforts accordingly. If given an opportunity, we assure quality work & professional services. Thanks. For more detail and free qoutation for above work, please contact us on Cell #91-9822215695

PUNE: prime location running hotels for sale offers

Greetings to All, Reg.   PUNE: prime location running hotels for sale offers : thought to share my blog readers and potential buyers or investors looking to purchase any running hotel at prime locations of pune,   pls find following offers on different locations of   pune : 1) Location: Bavdhan hotel  with the 48rooms fully furnished with Gym , Banquet Hall and Restaurant  Plot size : 25000Sq.ft  Builtup area : 50000Sq.ft  Outright price : Rs.35cr  2) Location: mundhwa, near koregaon park/ kalyaninagar.   Hotel  with 48 Rooms. Price quote is 25 Cr it is located  3) Location: Heart of the city Deccan, Bhandarkar road,  Pune   Hotel  with 39 Luxurious Rooms 7,000 Sq feet Plot size 20,486 Sq feet Carpet 5th floor Lift with back up Totally Central A/c Attached T.V, Fridge,  Coffee Maker, BathTub, 2 Chairs with Table, Telephone Etc Bar & Restaurant with License Kitchen Coffe House Reception Counter 4 wheeler parking Solar systems Attractive Enteranc

COVER STORY - Taking THE REAL NOTE

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Jan 14 2017 : The Times of India (Pune) Kanchan Gogate   Amid landmark policy decisions, Pune continues to be one of the most bankable realty destinations. Experts opine it is right time to invest, as the city is predominantly a primary market. New Year offers a promising start Pune is considered be one of the most resilient realty markets in India.Withstanding tough times and fluid economy, Pune continued to witness a steady growth. Combating financial challenges, Pune has marched on and has established its identity as the one of the most bankable real estate destinations. While demonetisation has altered the market sentiment, experts believe it would pay rich dividends despite short-term inconveniences. Beating the note ban blues, Pune is expected to rise to the occasion again. Though investors have adopted wait-and-watch approach, experts say it is right time to invest, as no further price correction is likely. Year 2016 clearly rendered Pune a b

PUNE- Metro on faster track than Nagpur's

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Dec 17 2016 : The Times of India (Pune) Pune: TIMES NEWS NETWORK   Team Arrives To Study Actual Site The metro for Pune appears to be gathering steam. A Maharashtra Metro Rail Corporation Limited (MAHA Metro) team is in the city on Friday to study the route.Its officials said the ground work for the Pune metro will be done faster than Nagpur's as multiple tasks will be performed simultaneously. “Land acquisition, route survey and designing will be done at the same time instead of the phased manner like the Nagpur project,“ managing director of Maha Metro Brijesh Dixit said. Though the detailed project report (DPR) for both routes is ready MAHA Metro officials are looking at the actual situation. “A geo-technical survey for the metro work will be done to check soil quality , rock formations and other natural aspects. The shifting of underground service lines will be done before construction begins. Two boring machines have arrived and 30 more will come

RESIDENTIAL PROJECT GODREJ GREENS in PUNE - an opportunity to invest or enduse flats in project from renowned name Godrej with 10 Acres township.

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Dear Sirs, Seasons Greetings to you. Wish to share that there is an opportunity for investment or enduse flats in project from most renowned name  Godrej with 10 Acres township  loaded with each and every amenity at very affordable/attractive price, the project name is  GODREJ GREENS, coming up at Undri near NIBM in pune , the location which is not only very near to pune centre but also surrounded with best schools of pune ie. DPS, Bishops, vibgyor, sunskriti, singhad & trinity college, Correnthan & country clubs, dobajee shopping mall, clover and upcoming inorbit shopping malls are few highlights of this location, having great connectivity through expressway connecting Pune to mumbai from one side & mahabaleshwar, goa & bangalore to another side. major Highlight of Godrej Greens Project: An expanse of 1.5 acres, the Central Greens has been thoughtfully crafted to consist of many shades of green such as the forest greens, tree plaza, rain gardens and man