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properties in pune

Tax

PMC to check 50,000 residential properties for commercial use

Pune civic administration has planned to screen about 50,000 of residential properties in the city, to analyse its commercial use. The move is expected to increase the property tax revenue by about Rs. 50 crores. Additional commissioner of Pune Municipal Corporation (PMC) informed that the drive would commence from mid-November and is expected to continue […]

Metro

Hinjewadi metro: Ajit Pawar moots survey

A survey to explore the feasibility of a new metro route linking the city with the IT park in Hinjewadi has been ordered by the deputy chief minister Mr.Ajit Pawar on Friday. While speaking at the 31st anniversary celebrations of the Pimpri Chinchwad Municipal Corporation, the minister said that the route would benefit thousands of […]

Further price corrections may not be plausible

With the rapidly approaching, auspicious festive season for property selling or purchasing, numerous prospective and potential buyers are planning to proceed with their property investment plans. However, the potential buyer should consider the factors such as whether or not the market is ripe for a price correction and provided the current state of the economy, […]

Further price corrections may not be plausible – Part II

The growth prospects of the country’s economy continues to face strong challenges from weak industrial output, a depreciating currency and a stagnating policy environment, thereby hurting the sentiment of investor within the real estate industry. The residential market across numerous micro markets would be further impacted by the recent ruling of RBI on loans disbursement […]

Delhi-NCR observes 8% fall in new home launches

Due to the economic slowdown, the real estate market of Delhi-NCR has recorded an 8 percent decline in the number of new housing units launched in the first two quarters of the current calendar year, reports property consultant Cushman & Wakefield. The drop in launches was higher in case of high-end and luxury residential projects. […]

CommonFloor Editorial Team

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