Pune

Latest News and Stories related to Pune

Indian cities top the ‘lowest office occupancy cost’ : survey

Thursday, May 24th, 2012

In a report by a global property consultancy firm it is came to know that Hyderabad, Chennai and Pune are among the top five cities in the world with the lowest office occupancy cost. Total occupancy cost includes real estate price, infrastructure and efficiency of buildings. Costs have come down in these three cities because [...]

Godrej Properties concentrating on redevelopment segment

Tuesday, May 8th, 2012

At present, redevelopment of properties is the “in thing” in real estate sector. One of the top realty player, Godrej Properties has planned to expand its project portfolio in the redevelopment segment. In context with same GPL Managing Director and CEO Pirjsha Godrej says, that in order to increase the availability of housing in Mumbai, [...]

Unsold homes in Indian cities increasing!

Thursday, May 3rd, 2012

The number of unsold homes in Mumbai and Delhi is increasing and these homes do require minimum of three to four years to be sold. A recent study by Liases Foras, a real estate rating and research consultant firm says that it takes at least three years to clear 1.13 lakh units or 120 million [...]

Highest rentals and property price in India!

Monday, April 30th, 2012

Mumbai heads the crown for bearing highest rental and property price midst other Indian cities. The fact that interest rates being high has made home loans un-affordable. Coming down to rental prices, again Mumbai stands first in the list followed by Delhi NCR. The other Indian cities like; Pune, Chennai, Kolkata, Bangalore are nowhere affordable. [...]

Lack of traffic system in Pune

Monday, April 30th, 2012

The lack of proper traffic system in Pune city has paved way for never ending traffic congestions. The Pune traffic police department is fed up with managing prolonged and never ending traffic in the city. According to the latest traffic update, the commuters are being witnessed of jumping traffic signals adding woes to the current [...]

PCNTDA land in Pune under illegal construction!

Friday, April 27th, 2012

The Pimpri Chinchwad New Township Development Authority (PCNTDA) long time ago had promised to provide acceptable percentage of affordable houses. Making way for affordable houses was it’s aim during year 1972. However, when rechecked for the same objective it was revealed that only partial percentage of affordable housing has been done. The authority was supposed [...]

Service and studio apartments in demand

Friday, April 27th, 2012

The studio apartments has become famous in cities like; Bangalore, Pune and Gurgaon in India. The serviced and studio apartments provide the best of best facilities and amenities. Shading behind the real time apartments in India, studio apartments is more in demand. Even the developing city like Kolkata is following the same real estate trend. [...]

Realty hot spots in Pune

Wednesday, April 25th, 2012

The most popular suburb in Pune is Baner! This is the one hot spot locality in Pune city which is drawing property buyers across the country to invest in commercial as well as residential sectors. The next locality which is drawing greater real estate sales in Pune is Balewadi. The duos Baner-Balewadi belt in Pune [...]

Half-done civic work at Pune

Tuesday, April 24th, 2012

The Aundh locality in Pune has civic issues which stand as backdrop! It has been months since the Pune Municipal Corporation (PMC) has started laying tar on roads. Till date one can see all the roads in the locality with tar laid down on half the road. Also, the government has been deciding to widen [...]

Pune demands relocation of bus stops

Tuesday, April 24th, 2012

The residents of Aundh locality in Pune, since year have been requesting to relocate the bus stops. This has become a major concern for the residents who travel in stretch of Kondhwa and Wanowrie. After receiving back to back continuous complaints, the Pune Municipal Corporation (PMC) has taken a firm decision to relocate the bus [...]