City Search:PUNE

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Godrej Prana Undri Pune New Launch Project

Posted on Nov 03, 2016
Here comes good news for them who are nurturing an elusive dream of owning a home in Maharashtra's cultural capital, Pune. The city also known as the IT Hub of Maharashtra has emerged as the most preferred living destination for students as well as young intelligence. The city is fringed by growing IT and manufacturing industries and is surrounded by the scenic Sahyadri Ranges. Once known as pensioner's home the city has entirely changed its culture and became the happening IT and educational hub.

Godrej Prana by Godrej Properties, an upcoming residential scheme at Undri offers a unique opportunity for all the home buyer. Let's enlist five important factors that should affect the home-buying decision of current client in the real estate market.

Appreciation: It's a Location which is in close proximity of no. of renowned educational institutions, shopping malls, entertainment zones and multi-speciality hospitals. Perfect suit for both self-use or rent out

Connectivity: Undri is enticingly close to Pune Camp. And the speedy development of infrastructure has considerably addressed the connectivity issues

Quality: Godrej being the most renowned brand in the market has a great reputation in construction industry as well. Quality, Client Satisfaction and On Time Completion are norms at Godrej

Luxury: All the on ground projects commonly claim to deliver luxury flats. How many of them are truly luxurious? Godrej Prana Pune incorporates all those factors which truly assures luxury lifestyle

Cost: The fact that,Undri does not come under PCMC area keeps the property prices low. But in near future all the parts of Undri will be added in Pune Municipal limits, giving great appreciation to all property buyers.

Undri is under transformation and owing a property at this promising location will be an intelligent move.

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Pune civic body serve notices to illegal properties

Posted on Oct 25, 2016
PuneThe property tax department of Pune Municipal Corporation (PMC) has issued notices to 200 illegal properties and has also sealed three properties. "The notices have directed the property owners to pay three times more tax. This amount will be charged as fine for failing to pay the tax on time," a statement issued by the civic body said.As per t ...
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Affordable housing gets big boost

Posted on Oct 20, 2016
PUNE: Builders and developers largely building the value and premium segment have started to move towards affordable homes -a sub-segment where there is a massive unfulfilled demand.This move by builders has begun to translate into smaller-sized units on the outskirts of the city."There is a definite shift to this segment. Some of our members are f ...
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Sumadhura Group plans projects in Pune, Chennai

Posted on Oct 18, 2016
Bengaluru-based real estate developer Sumadhura Group today said it has plans to launch residential projects in Pune and Chennai in the next 2-3 years and is in the process of exploring land parcels in the two cities."We plan to launch residential projects in Pune and Chennai over the next two to three years. We are exploring land parcels," Sumadhu ...
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Right on the money

Posted on Oct 13, 2016
PuneAre planning to make prepayment of your home loan? Here are some tips.Here are some simple ways to generate funds for a part prepayment on your home loan that will help you bring down the overall cost of the finance. You can either reduce the EMI or tenure of your loan. A part prepayment on a home loan helps in reducing the interest burden and ...
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Kohinoor Group-Pune to invest Rs 300 cr in logistics parks

Posted on Oct 06, 2016
Pune-based real estate developer, Kohinoor Development Corporation (KDC) proposes to invest Rs 300 crore in setting up two logistics parks in Maharashtra."We are setting up two logistics parks in Chakan and Ranjangaon in Maharashtra. The Rs 600 crore projects will be funded through 50:50 JV and we will invest around Rs 300 crore in the said project ...
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Kolte Patil earns 36% return on Pune real estate project with Portman Holdings

Posted on Sep 22, 2016
Builder Kolte-Patil Developers Ltd said it had generated an internal return rate of 36% on its Margosa Heights project in Pune, which it co-developed with US-based Portman Holdings.“This project sets a unique example of an Indian & an International developer/Investor working in partnership on various aspects of the project to deliver a good pro ...
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Pune realty prices down first time in 5 years:

Posted on Sep 07, 2016
The slowdown in Pune real estate market continues and the sector dynamics are changing at faster pace. Prices of apartments (on a simple average basis) have dropped in relation to the last six months for the first time in the past five years, says Gera Developments Residential Pune Realty Report for December 2015-June 2016.The project launches are ...
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Rain water harvesting must for buildings on 20,000 sq m

Posted on Sep 07, 2016
Rain water harvesting will be made compulsory in Pimpri Chinchwad for all new residential and commercial buildings with an area of 20,000 sq mt, senior civic officials said. Implementing rain water harvesting for old buildings would be somewhat difficult, they added.The urban development ministry has recently sent letters to all municipal corporati ...
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Home prices slashed in Pune

Posted on Aug 24, 2016
According to Geras residential Pune realty report, average property prices seem to have fallen by 2.2 per cent in the first six months of the year.It also points to a trend that lends some logic to the property prices on a market seeing consistent inventory overhang and slowing down of property launches.“The effects for the headwinds for the real ...
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SBI offers discount on home loan EMIs for government servants

Posted on Aug 02, 2016
State Bank of India, the public sector bank, announced a new scheme under which government and defence employees can get several concessions on home loans including a slower interest rate.Under the scheme, government employees will get an interest rate concession of 5 basis points (0.05%) over the Home Loan Card Interest Rate is available wherever ...
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New residential project launches plunge by 33% in Pune

Posted on Jul 08, 2016
PuneThe launch of new residential projects in Pune fell by almost a third in the first six months of the year, says a half-yearly research report published by property consulting firm Knight Frank.In the six months till June, a total of 8,710 new projects were launched in Pune and Pimpri-Chinchwad as against 12,760 launches during the same period i ...
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Gera Developments fined Rs 50,000 for partial completion certificate in Pune project

Posted on Jul 01, 2016
PUNE: The district consumer court has imposed Rs 50,000 cost on Gera Developments Private Limited and its two directors for not complying with their "statutory obligation" of obtaining a full completion certificate and executing deed of apartment in favour of each unit owner in a condominium at Lullanagar.Rohit Gera, one of the firm's two directors ...
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Lodha Group taps ultra-rich through 'The Reserve'

Posted on Jun 23, 2016
PUNE: Real-estate developer Lodha Group has announced the launch of its ultra-luxury property 'The Reserve' near Pune-Mumbai expressway.Terming it "a weekend destination" for people in higher-income group, Prashant Bindal, chief sales officer of the Lodha Group, said: "The Reserve at Lodha Belmondo has given a substantial impetus to demand within M ...
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Home prices set to fall Mumbai, Pune, Delhi set trend

Posted on Jun 14, 2016
With consumer sentiment subdued, builders are finding it hard to sell apartments, suggesting prices could correct a fair bit.Market watchers say there are few takers for homes — especially high-end ones — even if these are ready to be moved into. An assessment by Colliers India notes, “Huge available inventory and new upcoming supply is undermining ...
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CDC to invest $25 mn in Tata Housing’s affordable projects unit

Posted on Jun 01, 2016
The UK government-owned development finance institution CDC will invest $25 million (Rs 168 crore) in the affordable housing projects of Tata Housing Development Company, the Indian developer said in a statement.CDC joins International Finance Corporation (IFC), the private-sector investment arm of the World Bank, in investing in Tata Value Homes p ...
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Pune residential prices rose by about 8% in 2015: JLL

Posted on May 24, 2016
The current year is likely to see prices rise by 4-6%, and stable sales velocity. Given the positive investment scenario in India and unabated demand for office space in the city, residential demand in Pune has remained healthy over the last few years.In 2015, Pune beat the average capital value appreciation across key Indian cities in the resident ...
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Mahindra Lifespace Developers launches Phase 3 of Antheia in Pune

Posted on May 21, 2016
Mahindra Lifespace Developers has launched Phase 3 of its Residential Project 'Anthenia' in Pimpri, Pune on May 19, 2016.Mahindra Lifespace Developers is a real estate development company. It offers residential and integrated large format construction in Mumbai, Pune, Delhi and NCR, Nagpur, Hyderabad, Chennai and Bengaluru. Its projects include mas ...
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The bestselling residential projects of 2015-16

Posted on May 02, 2016
Bengaluru: Even in a slow real estate market scenario, when sales have been tepid and property prices in correction mode, top developers seem to have sold their premium and luxury projects in a better ration than the others in the last financial year. Wealthy homebuyers paid a premium for homes that were sold by large, branded realty firms, for the ...
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Pune's satellite city comes of age

Posted on Apr 28, 2016
PuneThe Pimpri-Chinchwad Municipal Corporation or PCMC, a twin city to Pune and one of India's most prominent industrial hubs, is strengthening its economic prowess by adding sophisticated manufacturing and information services along its periphery, in Chakan and Hinjewadi respectively.Demand drivers for real estate in the region include strategic l ...
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