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property in pune

Pune skyline

Changing Demographics Boosts Demand in Pune

Pune was once considered a pensioner’s paradise. However, this tagline no longer exists. Various factors such as growing Information Technology sector, spread of organized retail and city’s shifting demographics are now defining the real estate market in Pune. History of Pune’s demographics Out of all the factors, the changing demographics of Pune has had a […]

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Pune property

Ready Reckoner Rates Increase by 5-10% in Pune

The Maharashtra government increased the ready reckoner (RR) rates by 10-15 per cent in the entire state in December last year. As a result, the RR rates in Pune and Pimpri Chinchwad have gone up by about 5-10 per cent. Increased RR rates in Pune The RR rates were announced on the basis of different […]

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Urban restructuring is what Pune needs currently

India’s holistic growth has been redefined by Pune’s rapid urbanization that has been unparalleled, on account of the rising number of immigrants. The influx called for major infrastructure redevelopment and upgradation on all counters in the city, including parking facilities, public transport, road connectivity, electricity and water supply. However, Pune’s infrastructure development has fallen off […]

PCMC yet to collect property tax from 45000 properties

With more than 45000 unassessed properties in Pune, the PCMC (Pune-Chinchwad Municipal Corporation) is required to rope in brass bands to recover the pending property tax from the defaulters. Through the drive, the PCMC can review the unassessed properties and contribute to revenue collection significantly. The target Collection of Rs 350 crore by 31st march […]

Q4 2013 office space absorption: Pune sets new standard

Good news has walked in for the real estate sector of Pune with the advent of 2014. Regardless of the slow economic growth of Indian, Pune’s office real estate across the city has grown exponentially. A non-skeptical approach of the companies towards new launches and expansion plans in the last six months has done the […]

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