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Pune

Sobha offers luxury residential project Sobha Elanza in Pune

Sobha offers luxury residential project Sobha Elanza in Pune
Sobha, the Bangalore-based listed realty major, has launched Sobha Elanza, super luxury residential project in Pune. Spread across 4.5 acres of lush green landscapes and it is a masterpiece of 21 floors on 2 towers. In each floor, only 4 apartments are available with 3 and 4 BHK options of duplex and penthouses ranging from [...] Continue Reading »

SMC Real Estate will now assist Excellence Group to promote and market their real estate projects

SMC Real Estate will now assist Excellence Group to promote and market their real estate projects
Excellence Group announces its tie-up with SMC Real Estate Advisors Pvt. Ltd. to promote and market their real estate projects. This will strengthen its presence in the industry as one of the leading players in Pune. Excellence Group, one of India’s leading business conglomerate, situated in Pune, announced its strategic tie-up with SMC Real Estate [...] Continue Reading »

Bengaluru realtors taking steps for better growth

Bengaluru realtors taking steps for better growth
The real estate companies based around Bangalore namely Puravankara, Prestige and many other are planning to set foot in other cities such as Mumbai or Pune and rule over other southern cities as well, including Mangalore, Hyderabad or Chennai for further growth. Prestige undertakes about 85% of the major projects of Bangalore in expecting a [...] Continue Reading »

IT-ITeS policy needs to get renewed

IT-ITeS policy needs to get renewed
A small but critical notification awaited from the state government for continuation of the Maharashtra IT-ITeS policy is holding back major office space and other key transactions in Mumbai, Pune and some other cities. The tenure of the policy, which offers several benefits to IT-ITeS companies, including 75 percent waiver on stamp duty charges on [...] Continue Reading »

HCC was the first to announce to make a smart city

HCC was the first to announce to make a smart city
That first movers don’t always have an advantage is something Lavasa Corp has painfully discovered. The company, a subsidiary of Ajit Gulabchand’s Hindustan Construction Company, had announced plans to build a smart city, arguably India’s first, over a decade ago. Lavasa, about 60 km from Pune, was planned as an integrated hill city, where residents [...] Continue Reading »

Sluggish demand from the Apparels and FB retailers keep the mall vacancy rates stagnant

Sluggish demand from the Apparels and FB retailers keep the mall vacancy rates stagnant
There is a positive activity in the commercial real estate and plush office spaces are selling like hot cakes among the corporates who are planning expansion in their workforce and businesses in India. However the story in the retail and consumer durables sector does not seem to be the same. Overall mall vacancy levels across [...] Continue Reading »

HDFC Invests in 4 Residential Projects

HDFC Invests in 4 Residential Projects
The real estate arm of HDFC Group, HDFC Property Fund is to invest Rs 700 crore in four residential realty projects coming up in Pune, Bangalore, and NCR. HDFC Property Fund has announced that the investment will be made from its second offshore fund worth $250 million (Rs 1,500 crore) and will be used for [...] Continue Reading »

HDFC Property Fund plans to raise Rs 2,400 crore in an offshore fund

HDFC Property Fund plans to raise Rs 2,400 crore in an offshore fund
Post the budget session, one can witness a lot of action in the real estate sector. HDFC Property Fund ‘s (the real estate investment arm of the HDFC Group) decision to invest Rs 700 crore in four residential projects coming up in NCR, Pune and Bangalore is also in sync with that action. A total [...] Continue Reading »

Chennai tops the rising chart of property prices

Chennai tops the rising chart of property prices
The third highest increase in property has been observed in Mumbai in comparison to the other major cities over the past seven years. The rise in property is around 129 percent since 2007. Chennai has topped the chart with a 249 percent hike. The other cities that made to the list with an over 100 [...] Continue Reading »

Pune: Nearly 26 crore land records from all districts to be scanned by Maharashtra govt

Pune: Nearly 26 crore land records from all districts to be scanned by Maharashtra govt
In a project aimed at digitalizing land records in Pune, the Maharashtra government has plans underway to scan the land records of all the districts. The project will involve the scanning of approximately 26 crore documents pertaining to all land-related records in all the districts of Pune. The process will help the authorities at the [...] Continue Reading »



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