Consultation India - Pune, Mumbai Real Estate/ Properties Investment, Property Management Services

Pune Proximity to Mumbai and a thriving education, engineering, automobile and IT scene have accelerated real estate activity in this once sleepy city. The Mumbai-Pune Expressway has made Pune a much sought-after location for out-of-town investors, while year-round good weather makes it a preferred destination for homebuyers. "In the last five years, the Pune real estate market has gone from an average performing one to one of the best performing," says Shantanu Mazumder, Director-Pune, Knight Frank India. Pune offers properties catering to end users as well as investors at various price points. Prices start at Rs 15 to Rs 30 lakh in the affordable segment. The premium segment starts at Rs 1.3 crore and luxury projects can cost up to Rs 2.5 crore. Vishrantwadi, Dhanori, Kharadi and Whagoli in east Pune and Wakad, Hinjewadi, Ravet and Tathawade in the west are the upcoming areas to scout in. GROWTH DRIVERS - Metro Rail:  Pune Metro Rail Corridor I, connecti...

Mar 01 2016 : The Times of India (Pune) TEAM TOI   If your builder doesn't give you possession of that dream house within the romised three years, sweat ot. For, the 2016-17 Budget roposes tax relief on inter st payment on home loan if he property bought, or under onstruction, is completed within 5 years from the end of he financial year in which he loan was availed instead f the current 3 years.The relief, under Section 4 of I-T Act, could help save ax up to Rs 60,000 per annum.n a further boost to the affor able segment, FM Arun Jaitey also proposed to allow eduction for additional inerest of Rs 50,000 per annum or loans up to Rs 35 lakh anctioned during the next fi ancial year for first-time ome-buyers, provided the alue of the house doesn't exeed Rs 50 lakh. Assuming a loan of Rs 35 akh to be paid over 20 years, he annual deduction comes o around Rs 2.5 lakh, includng the Rs 2 lakh currently vailable. At 9%, the interest utgo in the first...