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real estate in Pune

Pune's real estate

Pune’s real estate: How it is shaping up

Widely tagged as an economic powerhouse and a leading builder, Pune has taken an ambitious task in hand-to home a number of multinational industries and agencies. Presence of such organization ensured the growth of employment opportunities in the city without a break-off. Needless to quote, growing employment opportunities trigger demand for real estate significantly. In […]

2BHK apartments in Pune

2BHK apartments in Pune: The trend setter

Setting the trend for 2BHK-Kharadi, Hadapsar and Wagholi have been voted as the most popular residential locations in east Pune, primarily due to proximity to IT/ITes sectors. According to market reports, these prime areas of east Pune offer a wide array of 2BHK apartments, in the price bracket Rs 40-Rs 60 lakh. The above-mentioned areas […]

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 […]

Pune has second highest deferment of malls in India

The retail real estate sector in Pune has directly gained momentum from its IT boom. The inflow of migrants, in search of better job and educational opportunities has increased the living standard of people in the city. Buoyed by a benign environment, the retail and hospitality sector in the city has enjoyed a robust growth […]

Civic panel allocates Rs.20 crore to PMPML

The Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has been approved Rs. 20 crore by the standing committee, as a support to continue the free and subsidized passes’ scheme in the city. PMPML suffered a deficit of about Rs. 60 crores in 2012-2013. The authority had asked for support from the PMC and had demanded about […]

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