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Pune Municipal Corporation

The Value Proposition Of Large Vs. Small Flats

Over the last couple of years, I have been observing with concern the decreasing size of flats on the Pune real estate market. Of course, it is the demand for smaller flats that is driving this kind of supply. With housing prices in the Pune Municipal Corporation rising relentlessly, the ‘biggest’ opportunity that developers perceive […]

nikunj.j

Residential areas in East Pune yielding high rental returns

Pune has seen a steady demand for rental accommodation in recent years. This can primarily be attributed to the steady inflow of the migrant population for employment as well as educational requirements. The rental demand has been particularly prominent in the eastern parts of the city. This is mainly due to the presence of many […]

ranjan.j

Floor Space Index in 8 Major Cities

Floor space index (FSI) or floor area ratio (FAR) basically defines the ratio of the total covered area of construction to the total plot size. For example, if the FSI/FAR is 1 and the total plot area is 2,000 sq. ft., then the maximum buildable area of the building must not be more than 2,000 […]

karthik.k

Earn 4% Rental Yield in Viman Nagar, Pune

If you bought an apartment in Viman Nagar at Rs 60 lakh and rented it out, you can expect about Rs 2.4 lakh annual rent for that apartment. This is a four per cent rental yield, possibly the best residential rental yield one may get in India. The main reason for this high rental yield […]

karthik.k

Property Tax Guide – Pune

In Pune, property tax is the second largest source of revenue, second only to Octroi. The Pune Municipal Corporation (PMC) is responsible for levying and collecting property tax payments in the city and successfully covers more than six lakh properties in its purview. Like many other major cities in India, Pune also has online as […]

priyankakapoor

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