In a bid to strengthen its existing commercial portfolio, Puravankara Limited has laid down an ambitious long-term strategy for the segment. Based on their current land portfolio, the Group envisions an expansion plan of … READ FULL STORY
As a general trend, employment opportunities in an area have a significant impact on property demand – higher the job opportunities available in an area, greater is the demand for properties in its vicinity. … READ FULL STORY
Indian cities witnessed strong office demand in Q2 2018, with about 12.6 million sq ft of gross absorption recorded, indicating a 10 per cent quarter-on-quarter (QoQ) growth, in office leasing activity. “As a result … READ FULL STORY
Pune, in Maharashtra, attracts people from all over India, as well as abroad. People often move to this city for education or to earn a livelihood, as this city offers ample employment opportunities. When … READ FULL STORY
Hinjewadi is a well-developed location in Pune and has emerged as one of the most sought-after property markets for new home buyers. The region is beneficiary of the IT boom in the city of … READ FULL STORY
IT/ITeS and BPO companies, have been instrumental in attracting the young workforce to big cities like Delhi, Bengaluru, Mumbai, Pune, Hyderabad, Jaipur, etc. Consequently, this job sector has significantly impacted the rental landscape of … READ FULL STORY
Shapoorji Pallonji Real Estate is planning to launch at least six projects in the financial year 2017-18, with two of these projects under the ‘Joyville’ brand to build affordable homes, the group has announced. … READ FULL STORY
Realty prices in the country, have been impacted by various factors over the past year, such as the GST, RERA, demonetisation and the support to affordable housing. Experts point out that property prices were … READ FULL STORY
In the real estate market, a higher average rental in a location normally indicates high demand and low supply of properties in that location. Pune’s property market has shown consistent growth in rental yields. … READ FULL STORY
The ticket size of new launches across the top eight cities of India (Ahmedabad, Bengaluru, Chennai, Delhi-NCR, Hyderabad, Kolkata, Mumbai and Pune), witnessed an average decline of 14% year-on-year (y-o-y), according to a report … READ FULL STORY
Pune is hailed as an educational hub, which attracts students not only from different parts of Maharashtra, but also from all over the country and abroad. The city is home to several prestigious institutes, … READ FULL STORY
As cities mature, their skylines start growing vertically and horizontal expansion reduces. The preference of homebuyers to live in high-rises and luxury towers also increases as urban sprawls expand. This transition in Pune, started … READ FULL STORY
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from … READ FULL STORY
