The MHADA (Maharashtra Housing and Areas Development Corporation) housing board has begun an online lottery for 5,211 affordable homes in various housing schemes in the districts of Pune, Solapur, and Kolhapur. The aim of the Maha govt. launches online lottery is to redevelop these properties and upgrade them with newer amenities as well as keep them affordable for future tenants. Shinde stated during the...
The real estate consultants in Pune are experiencing positive growth. The city’s real estate sector continues to expand and several housing projects are coming up in the city. According to research, 5% increase in housing prices in Pune during the April-June quarter, reaching $7,681 per square foot. A joint report entitled "Housing Price-Tracker Report 2022" for eight major cities, including Delhi-NCR,...
Kolte-Patil Builders Ltd., a real estate company, has purchased 25 acres of land in Pune to build a home project with a projected total sales income of Rs. 1,400 crores. The company purchased Sampada Realities Pvt Ltd, which is the owner of this piece of property and is situated in Pune. Kolte-Patil buys land in Pune to generate Rs 1,400 crores in revenue from a home project. Before reading this blog...
As the home market shifts toward reputable developers, real estate company Prestige Estates Projects is targeting to sell properties for at least Rs 12,000 crore this fiscal year, an increase of 16 percent yearly. Prestige Estates Projects Ltd. has established a significant foothold in South India and just entered the Mumbai market. The company's sales bookings reached an all-time high of Rs 10,382.2...
There are many reasons to invest in Mumbai because it is known as India's commercial center and has attracted the interest of real estate investors and individuals who choose to participate in the real estate market. The largest nation in South Asia is India. The last ten years have seen an increasing trend in its economy. The real estate industry has benefited from this improvement. What are the reasons...
For Rs 80 crore, the Lodha group purchases a great piece of land from Poonawalla Constructions in Pune. The land area is 1.10-acre. Given that it is one of the best prices paid by any developer for a land piece in Pune, based largely on per-acre pricing, the purchase gains significance. The property tract was purchased by Macrotech Builders and Dwelling Crest Constructions, a co-investor company. The...
Real estate is one of the most progressive industries today. New business models and digital technologies are changing the face of real estate every day. To stay ahead in this highly competitive environment, you must constantly innovate and develop new ideas to stand out from your competitors. There is no replacement for perseverance, says Mr. Satish D. Magar, President of CREDAI National and Founder of...
With Google Maps, users can see the real-time view of streets wherever they are. In addition, the feature allows users to explore destinations on Street View and is now available in India. Google has finally rolled out its fully functional version of Maps in India. It’s available for both Android and iOS devices as well as desktops. India will now have access to Google's Street View tool. Now, people...
Merlin invests in Pune Rs. 2500 crore in real estate property. The investment will make through Merlin Properties Ltd., which has set up these projects across the country, including Mumbai and Pune. The company is seeing tremendous growth, leading to Merlin expanding its presence in India. As a result, Merlin recently announced the launch of a new business unit for Pune with an investment of about Rs 2500...
Tribe launches a students’ hostel in Pune, which is co-living and well-furnished. Students aged 18 to 22 will be allowed to stay in the hostel, which will have 210 rooms. In addition, the company will now have real estate property in Pune. It recently entered the co-living segment and raised $1.5 million in private equity and structured debt. “We have raised multiple rounds of funding for our...
