Q:The city's real estate group wants finance minister Arun Jaitley to present a budget that will create a strong foundation for achieving the "home-for-all" goal of the Narendra Modi government.
Latest Answer: Hi all,
I am agree with the above mentioned statement. And in my opinion reduction in home loan interest rates will be important so will be offering industry/infrastructure status for the housing industry. Also necessary is availability of finance at lower interest rates and clarity on taxation for real estate investment trusts and foreign direct investment (FDI) in housing.
Latest Answer: It is over the opportunistic supply of housing that is hitting the market on some of the city’s outer areas. In these locations, many irresponsible developers have been actively churning out sub-standard projects which do not comply with standard construction laws and often lack all the required legal approvals.
Latest Answer: "If you are to compare Punes Realty prospects from before to now then you are to witness a drastic change graph. There was a time people passed Pune on their way to Mumbai and it was a stop over, but in recent years the city demographics have changed.
This change has had a significant impact on the demand for real estate in Pune, in terms of sizes and the type of houses. Until the 1990s, Pune was more like a getaway and the only residents were people who enjoyed a laid back life. The basic idea was to get a place away from the city and somewhere cheap and accessible, Pune was that place. In 1990 Pune started to emerge as an IT company destination. With the springing up of commercial structures and educational institutions people started to take note of this city.
Nowadays the annual demand for residential plots alone in Pune is close to 46000 units, where it was less than 20000 units per annum just a few years ago. Supply and demand of homes in Pune continues to make property inv
