Sunil Kulkarni, Pune
Q: What are the USP of Chikhali? Can i get good ROI after 7-10 years?
Latest Answer: Located close to the Pune-Nagpur Highway, Chikhali has IT Parks, automobiles industries and factories in its vicinity. It has the finest infrastructure including hospitals, markets, schools, shopping malls, institutes for higher education as well as the new international airport and railway stations in the vicinity. Property rates in the locality range between Rs.3955 to Rs.5960 per sqft. Chikhali is well connected by rail and road networks. The area has an extensive bus service and the Chinchwad Bus Stand and the Bhosari Bus Stand lie in close vicinity. Mahanagar Parivahan Mahamandal Ltd, BRTS, and a host of other private buses connect the area to neighboring areas. It has excellent connectivity to Pune International Airport which is located at a distance of 27.5 km via Alandi Road and Pune - Alandi Road. Chinchwad is the nearest and major railway station to Chikhali situated at a distance of 6.9 km via Chikhali - Kaspate Vasti BRTS Road.

Q: Which are the growth factors of Ambegaon Budruk property market?
Latest Answer: Pune is included in the list of smart cities. Hence, it is certain that smart infrastructure will bring a remarkable difference in the coming years. The risk is pretty low when you put money in properties here. With a lot of focus on new-age concepts such as rainwater harvesting, adequate water supply, intelligent traffic management and electrical supply, and so on, it will be a further increase in the property prices in Pune.

Q: Which locality in Pune is affordable for real estate investment, Wagholi or Baner?
Latest Answer: Apart from that, there are some other factors that make Wagholi a better investment destination. As Wagholi is still in development phase, rates are more affordable than any other posh localities of Pune. It is within 10 km from some of Pune upscale suburbs like Hadapsar, Kalyani Nagar, Kharadi, and Koregaon Park. Being close to IT Hubs of Kharadi, the locality is in huge demand among working professionals. You can reap a high rental yield in your property. Happy Homes, Pristine City, Ajmera Exotica, VTP Purvanchal, Nyati Elan, Kolte Ivy Estate Apartment among few. Here is the list of affordable properties available for sale in Wagholi, Pune. To get more information, click this link Residential projects in Wagholi, Pune

Q: I am shifting to Pune next month and I have short listed this project. Can anyone provide me some details about the project and how is the locality?
Latest Answer: As you said that the project offers all the modern amenities. Can you please share what are the amenities they are offering?

Q: Hi, Hi, Modi's mega-dream project, Gujarat International Finance Tec-City (GIFT City), having achieved financial closure for its Phase-I infrastructure development.
Latest Answer: Hey Guys, As per the recent news Reliance Capital has received 5 laks square feet of space in Gujarat International Finance Tec-City (GIFT) in the International Finance Service Centre (IFSC), Special Economic Zone. It is heard that the company will base its Global Alternate Investment Funds, its commodity exchange and other international business in this location.

Q: Hi, i am planning to buy a 2BHK unit of this project. Can anybody tell me how is the project locality?
Latest Answer: Hi everybody, Even i am planning to invest in this project. Can anybody tell me about the unit sizes and the price/sq-ft? How many towers in it?

Q: Hi, can anybody tell me about the project locality?
Latest Answer: Hi all, Can i get a short detail about the project? What is the current price per/sqft has quoted by the developer? What about the project approvals?

Q: Hi, When is the possession date of Surabhi lake Vista, Hinjewadi?
Latest Answer: Can you elaborate on the approvals? Is it NA-Residential or RZone approved? Will each buyer get individual 7/12 extract?

Q: Hi, As i am planning to invest in Balewadi. Can anybody tell me how is the locality?
Latest Answer: Hi Saurav, I have made a conversation with their sales executive but they are unable to provide me the satisfactory feed back. I wanted to know the project approvals and the possession date. Can you provide me the following details?

Q: Hi, What are the basic amenities they are providing in this project? What are the plots sizes?
Latest Answer: Hi all, It is heard that they are going to launch 1/2BHK apartments in it. Is it really true? What will be the total no of apartment in it? When is the possession date of the plots?

Q: Hi, I am planning to buy a 2BHK property in Graffiti,Keshav Nagar, Pune. Can i get a home loan for this property? Which all bankers are providing loan?
Latest Answer: Hi everyone, Can anybody provide me the options available in Venkatesh Graffiti? What is the current price per square feet they are quoting?

Q: HI, i have booked a 3BHK property in Shriyans at Hinjewadi in Pune? Has the project got all the approval? Under which Municipal Corporation it comes? Kindly reply.
Latest Answer: Also I don't know the reputation of builder plus quality of work so please if u have idea let me know?

Q: Hi, i was looking at properties in pune..but there were some news of price comming down and i was wondering if i should take loan and get home or continue with rent....
Latest Answer: Hi, I believe that home loan strategy should never ever be based on anticipated financial windfalls. one should always base it on realistic factors such as reasonable salary hikes and maturing insurance policies and investments.

Q: Due to large influx of working professionals in IT sector, localities like Dhanori and Kharadi are going through a boom phase in real estate sector.
Latest Answer: as there is very less space left for development in proper pune city due to which the developers have moved the surrounding areas of pune and people are moving here too.

Q: Can anyone let me know which all units are available ? Is the project approved ?

Latest Answer: Hello, you can follow this link for your requirements Mont Vert One, Pune OR Kindly call on the toll free number (1800) (180) (180) (180) Or You can Post your Requirements to get matching properties details on your Email and Mobile.

Q: Which is a better Investment option? Ghatkopar East versus Ghatkopar West
Latest Answer: Go for East, it will be easy for you to find a tenant. The price in East is 28-38 and in west it is 27 – 35 per sq ft depending on the type of construction and if the property is semi furnished or fully. Maximum of the new constructions are in West.

Q: I heard that many projects are coming up in Noida, CM Akhilesh Yadav has inaugurated few.. Any idea which are those?
Latest Answer: Unnati Fortune Group is well-known real-estate brand in Delhi NCR and provide you some great deals of residential and commercial projects in Noida. The Aranya and Unnati World is deluxe projects of this group, which are situated at fully populated sector 119 and Sector 144 of Noida.

Q: Can anyone tell me what is BRTS projects?

Latest Answer: BRTS projects means Bus Rapid Transit System.

Q: How are the developers going to get extra FSI?
Latest Answer: No still now the discussion is going on regarding the same. PMC has already sent the draft to the city improvement committee for approval.

Q: Hi Happy New Year in Advance. As the count down for Year 2012 started, I am confused in my Home decoration ideas. Can anyone tell me how to decorate a house for New Year in small or limited budget?

Latest Answer: Check out www.artjini.com/prints for affordable for affordable artworks. You can order see how it will look on your walls before you purchase.

Q: Is Indian residential realty sector facing slowdown in demand? Which are the cities that mainly affected?

Latest Answer: Due to rise in property price and increase in interest rates the realty sector have faced slow down in demand. Almost all the cities faced slowdown in the residential sector but mainly the metro cities like Delhi-NCR tops the list with large number of unsold houses, Mumbai followed by Bangalore and Pune gets the fourth place in the list.

Q: I heard that the real estate is growing in Hinjewadi. Is it so?

Latest Answer: Yes you are right the real estate market is growing in the area, Hinjewadi is the IT hub in Pune. The up coming residential projects by top developers, educational institutions and hotels are the key ingredients that are making the area suitable for the working people.

Q: I heard that Pune has got new fund to maintain and clean the city. What amount of fund has been sanctioned? Who is going to provide the fund? Is the fund only for sewage management or for other purpose also?

Latest Answer: Recently the PMC has announced City Cleaning Plan project to the Pune residents. As far as I know around Rs 3215 crores has been sanctioned. Around Rs 603 crores is suppose to be provided by PMC and the rest of thefund will be provided by the central and state governments. With sewage system they are also planning to upgrade other things also.

Q: What is the reason that the citizens protesting against Pune Municipal Corporation?

Latest Answer: The Pune Municipal Corporation is dumping garbages collected from the household in an open space which is creating pollution. So the citizens are protesting against the dumping of garbages in an open space.

Q: When is the revised ready reckoner going to get implemented?

Latest Answer: Because of slow pace in realty market the government has paused the revision work for the time being. A meting was held between the IGR and the ministers to discuss about the revision work. Majority demanded a revise ready reckoner to be implemented by 1st January 2012.

Q: What is Shahar Swachchhata Aarakhada? When is it going to be launched in Pune?

Latest Answer: For keeping cities clean and healthy draft of the final Shahar Swachchhata Aarakhada (City Sanitation Plan) has been drafted to seek the Centre's financial assistance. The Pune City Sanitation Plan is called "Shahar Swachchhata Aarakhada"

Q: Which are the government bodies that approves green clearance to the realty project? Which are the cities facing issue regarding the delay in Green Clearance?

Latest Answer: State Expert Appraisal Committee (SEAC) and the State Environment Impact Assessment Authority (SEIAA) are the two governing bodies constituted with MoEF that approves the green clearance to the realty sector. According to experts, Pune and Mumbai are the cities which are having 360 properties on hold with construction over the issue of green clearance from Union Ministry of Environment and Forest.

Q: When is the door to door collection of garbage going to start in Dehradun?

Latest Answer: The civic body has planned to start the door to door scheme in order to keep the city clean. The scheme will start within 15 days and in 15 municipal wards and the same will be implemented in other wards within a months time.

Q: I heard about the property show that is going to be held in Dubai. Which are the companies coming in the show to showcase their real estate projects?

Latest Answer: As far as I know companies like Unitech, India Bulls, Ireo, Investors Clinic, Vakita Group and many others are going to showcase their real estate projects.

Q: How can an investor win over the fluctuating real estate market?

Latest Answer: To win over the fluctuating real estate market the inverstors should invest for long run around 3-4 years so that they can be paid off when invested.

Q: How is it possible that the Shriram Lands are offering low cost project?
Latest Answer: The real estate firm promises to offer their customers gated communities in an eco-friendly environment and they have also limited the risk management for the buyers.

Q: How many acres of land has been illegally encroached?
Latest Answer: It has been traced that around 20 crores of forest land illegally encroached for building a resort over 20 acres of forest land.

Q: What is limitation in widening the bazaar road? Is there any particular reason behind this?
Latest Answer: Post your ReplyThe Dehuroad Cantonment Board wanted to widen the road to 40 feet but a delegation traders demanded that the road should be widen to 35 feet.

Q: Why the government proposed that the Aundh Hospital will run on trail basis?
Latest Answer: The Aundh Hospital will be on trail basis because the civic body wants to see the flow of patients coming for check up. As the hospital is located in Sangvi it is not utilised by many people.

Q: What is the status of realty rates in Tire I,II and III?
Latest Answer: The realty rates in Tire I is going down but in Tire II and III the realty rates are rising up.

Q: How many layout are falling under Green belt in Nagpur?
Latest Answer: Around 500- 600 layouts come under the green belt.

Q: Instead of income tax we have to pay wealth tax. What is the difference between the two? Who is going to pay the wealth tax?
Latest Answer: As per my knowledge, income tax is payable on income whereas wealth tax is payable on wealth. People who posses wealth exceeding Rs15 lakhs is required to pay tax.

Q: Why is the Pune Municipal Corporation intalling the flow meter in the city?

Latest Answer: Hi Sunil, I have also heard of the same. It will have the correct flow measurement and audit system for water. Pune is facing many water problems, so I think this will help.

Q: What is the reason that there will be no hike in property tax and general tax for next five years in Pune?

Latest Answer: Pune Municipal Corporation and Pune Nagrik Sanghatana decided not to hike the property tax and general tax as they want to recover the dues.

Q: I am going to buy my dream house after a long wait. Is insuring the house required? Please suggest.

Latest Answer: It is essential to insure the house. As house is one of the most important physical asset a person possesses. Insurance companies cover many of the potential risks like terrorism, earthquake, fire, torrential rain, special perils.

Q: Please help. Which is a better option Pune or Indore for real estate investment?

Latest Answer: Both are good but I personally feel Indore is better than Pune

Q: I heard that municipal corporation have traced illegal buildings in Pune. Will the civic body take any action regarding this?

Latest Answer: Yes you are right the municipal corporation have traced nearly 160 illegal constructions. The Ancient Monuments and Archaeological Sites and Remains Act, 2010 have taken the initiative to eradicate the constructions.

Q: Is Ludhiana a good option for investment? What about IREO Ludhiana? Please help me out with this.

Latest Answer: Yes no doubt Ludhiana is a good place for investment purpose. But I would suggest you do not go with IREO as they are having a tough time selling this project.

Q: What is a pre-approved loan? How can we apply for it and what are the documents required?

Latest Answer: Hi, I had taken a bank loan for a under construction house in Nov 2008. I've taken the possession in Feb 2014. I had read somewhere that you can declare the curiosity for the pre-possession interval in next 5 years to the tune of 1.50 lacs each yr? Also under which Section this is allowed?

Q: What is the difference between covered area and carpet area. How we can calculate it?

Latest Answer: Hi friends!!! The Central government has modified the guidelines of Prime Minister's Awas Yojna (Urban) which can make housing projects eligible for central assistance. The updated guidelines state that if carpet area is increased by at least 9 sq-mt in a housing project, will it be eligible for financial aid under the housing mission's Benificiary Led Construction (BLC) assistance. The govt. has initiated this change in rules to all the states so that they may be able to enjoy the benefit of the BLC.

Q: I have seen many builders not giving Occupancy Certificate. Who will give the Occupancy certificate? How to get an occupancy certificate?

Latest Answer: what is the procedure to apply for Occupancy Certificate for an individual flat owner in Pune?

Q: I am thinking of buying a 1 BHK flat in Aundh Parihar Chowk. What is the rate of the flat and is it a good decision of buying a flat in that area?

Latest Answer: It is a very good decision infact as it is centrally located and known as one of the posh area in Pune and it is very near to Pune University. The rates was static for some time at about Rs 5500 to Rs 5800 per sq ft but now it is expected to move up in the near future.

Q: I want to sell my flat which is in Shahunagar Chinchwad, it is a 12 years old flat. So I want to know what is the rate going on in the market?

Latest Answer: Click Property for Sale or post your requirement at http://www.commonfloor.com/post-public-property-requirement to get matching properties details on your Email and Mobile.

Q: I heard that the Maharashtra government has cleared the Lavasa project. On what basis they have cleared the project?

Latest Answer: Before the Ministry ordered penalties for Lavasa Corporation Limited and ruled against the project saying that the construction was unauthorised and was harming the environment. But later the Ministry of Enviornment and Forest gave clearance to the real estate developers. It is said that all the preconditions have met with the Maharastra Government taking action against the company for violating the Green laws.

Q: Recently I have shifted to Pune, and I am searching for a rented flat in Shivajinagar area. Please guide.
Latest Answer: To get matching properties details on your Email and Mobile, post your requirement at http://www.commonfloor.com/post-public-property-requirement.

Q: I stay in Ahmedabad and planning to shift to Pune and heard that Bund Garden Rose is one of the popular locations. So I wanted to know more about the location. Can anyone help?
Latest Answer: Is south Pune is best option for investment point of view? Looking to buy 2 BHK unit for investment..

Q: It is said that Pune is attracting a number of families to settle in the city. Why it is so? What are the reasons of people getting settled in the city?
Latest Answer: The educational sector has done quite well in the past few years and it will continue, it will motivate many families tio invest in buying a home in Pune. Pune caters to various fields like engineering, fashion, medicine and entertainment, lot of student takes admission in different colleges and after their education they continue staying in the city and invests in buying flat or house, many students get placement from big companies. Institutions like Symbosis International University and Bharati Vidyapeet has already made their presence in the city. The developers maintain the educational hub tag to motivate people coming from other place to invest in property.

Q: I am staying in Pune and everyday I travel by bus, the commuters who are travelling by bus have to face a lot of trouble as the frequency of the buses are vey low and we have to wait for hours and hours to get a bus.
Latest Answer: The PMPML are unable to solve the problems faced by the commuters. In a recent survey conducted by Parisar, they have collected the report from around 695 commutes travelling by bus daily and the report says that the authority have scored 'C' grade. The report was based on reliability, convinience, comfort, cleanliness, frequency etc. The PMPML said that they will conduct the survey in regualr basis to improve the management.

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