Archive for the ‘Pune Real Estate News’ Category

Civic body looks at fresh ways to deliver property tax bills

In response to complaints by citizens on the delivery of property tax bills, the Pune Municipal Corporation (PMC) has decided to explore new options for distribution of bills of the 6.5 lakh properties in the civic jurisdiction. “The civic body was earlier distributing the bills through a private agency but later took the service of [...]

Home for the gods

Buying a second home at a hill station or at other exotic locations has dual benefits: investment as well as a holiday home CALL it a home away from home, a weekend home or your first home; eco-friend ly cities are increasingly becoming the most preferred options for the rich. Situated far away from the [...]

Emerald Acres is planning to sell land in the next four months

The company holds 350 acres of land in its portfolio, and is adopting a strategy of selling land parcels outright rather than develop them Emerald Acres Pvt Ltd, a land bank company owned by Madhur Bajaj, vice-chairman of Bajaj Auto, is planning to enter the market in the next four months and sell the land [...]

DLF Looking to End Year with Operating Cash Surplus of Rs 2,500 crore

DLF Ltd, the largest real estate developer in the country by market capitalisation, is looking to end the year with operating cash surplus of Rs 2,500 crore, as it looks to raise Rs 2,700 crore through non-core asset sales and healthy cash flows. According to a report published in DNA, the developer is also looking [...]

The Real Estate Market of Pune

If compared to another cities, where both residential and advertizement concept interpret is feat downwards, Pune actual realty is feat steady. While business experts hit expected a field fall in the actual realty values, Pune seems to be attempt the forecast. Probably because Pune was never a mainstream actual realty destination, so, it never saw [...]

Nirmal Lifestyle Plans Rs, 47000 crore Investment in Real Estate over the Next 10 Years

Mumbai-based real estate player Nirmal Lifestyle has drawn up a $10 billion (Rs 47,000 crore) investment plan over the next decade. “We are investing around $10 billion over the next 10 years for our proposed 20 Lifestyle Cities planned by 2020,” said Dharmesh Jain, chairman and managing director, Nirmal Lifestyle. The realty company is currently [...]

Become partners in redevelopment

Anshumali Ruparel Posted online: Sat May 15 2010, 22:56 hrs Big cities like Mumbai and Pune are on the fast track of vertical expansion of old structures to cater to the ballooning demand in a fast-growing economy. The best way to do it could be in the form of partnerships involving tenants, landlord, builder and the housing society. However, [...]

Reality trend in three metropolitan cities Mumbai, Pune and Kolkata

An apartment spread across an area of 2,600 sq ft, located in Cuffe Parade, Mumbai, was leased out to a senior executive at a reputed corporation for a monthly rental value of Rs 3,10,000. The semi-furnished, three-bedroom apartment, with just falls short of being classified as high–end due to the age of the building, commands [...]

Suburban Lead For Pune Real Estate

With Pune stretching its boundaries in all directions, the suburbs are emerging as new hubs of real estate development. The city centre is completely choked for space. As a result, all new construction is happening on the city borders and suburbs. A large number of property projects are coming up in these areas that cater [...]

B.U.Bhandari Landmarks launches premium residential projects in Pune

B.U.Bhandari Landmarks, one of the leading construction and real estate companies in Western India have launched large scale premium residential projects in Pune and surrounding areas. Chrrysalis are 3 BHK luxurious Villas set among natural lush surroundings at Nagar Road, Wagholi, Pune. Acolade offers state-of-the-art 2 & 3 BHK fool proof, safe and secure apartments [...]