The Pune Municipal Corporation (PMC) is planning to come up with online property tax collection software, which will be accessible to the owners of nearly one lakh residential as well as commercial properties across the civic body’s areas soon. Let’s cover the PMC Gunthewari Scheme. One of the big advantages of the PMC’s proposed move is that property owners will now have to shell out the lesser...
The real estate sector is growing rapidly in Pune and the country. With the government pushing for housing for all and the increase in disposable income amongst the middle class. But, the sector is plagued with some real problems. The sector is facing problems because of the influx of new players who do not have the experience and guile of the long-established players. This blog will take a closer look at...
There are a lot of factors to consider when buying a house in Pune, which can make it difficult for you to decide whether you should buy or rent. I will help you identify those vital factors and help you make the decision. Homeownership is one of the most important investments you can make. While renting can be a convenient and easy way to live in a particular area, buying a home has a lot to offer as...
Maharashtra property registrations in Mumbai, India's most expensive city and one of the worst-hit by the Covid-19 outbreak, have surged to their highest level in at least nine years. According to a statement from Knight Frank India, in 2021, there were 1.12 lakh units registered in the city. 45 percent greater than the pre-pandemic level of infection. A 70% increase over the previous year. In 2019, the...
INDIAN DESTINATION Regarding housing affordability, India's real estate property in Pune is at its decadent peak. If you're looking to buy a house in Pune, you should know the affordability ratio. Pune and Chennai, with affordability ratios of 24 percent and 25 percent, will overtake Ahmedabad in 2021 as the nation's most cheap housing markets. Mumbai had the highest affordability ratio, at 53%,...
According to documents obtained by Zapkey.com, an internet portal that compiles publicly available property registration data, Bollywood actor Kajol joins renting properties in Mumbai for two years for Rs 90,000 per month. She is one of a slew of celebrities that have rented out their homes in 2021. According to the records, the 771 sq ft apartment is located on the 21st floor of the Atlantis complex in...
On Saturday, Tata Realty and Infrastructure Ltd announced that it would spend Rs 5,000 crore on a premium IT park project in Navi Mumbai, citing rising demand for office and data center space in the coming years. This is one of the biggest Tata Realty invest in Navi Mumbai. Sanjay Dutt, Managing Director (MD) and Chief Executive Officer (CEO) of Tata Realty and Infrastructure Ltd, stated in an interview...
Compared to other cities of India, the construction cost of a house in Mumbai is 10 percent more as per the guidebook Construction Cost Guidebook. So if you are planning to build a house in the financial capital of India, you should have your financial plan in place and also a deep pocket. It is important to note that the real estate builders in Mumbaiconsider quite a few factors when quoting the price...
The real estate market has changed in Pune and the surrounding areas due to the Covid-19 pandemic. With most supply chains getting affected by the lockdown and travel restrictions, the price of the building materials has increased significantly. Another factor that resulted in the steep house costs in Pune has been the shortage of labor due to the mass exodus. In such a scenario, the home buyers' sentiment...
If you are looking for one of India's most elegant cabin houses, you should look at Ratan Tata's Bungalow. His retirement cabin house in Mumbai's Colaba area is one of the most well-constructed houses in the country. So it shouldn't come as a surprise that the property is one of the best sea-view houses in Mumbai. The breathtaking view of Mumbai city and the Arabian sea is something to die for. But the...
