REALESTATE

Since the affordable homes segment is the primary hunting zone for predatory fly-by-night builders who specialize in cheating their customers, the first thing that a budget home buyer in Pune must verify is the reputation of the project’s developer. Buyers in Pune need to do thorough research among the multitude of projects in the budget homes segment. By focusing on reputed builders, the search becomes faster and easier.

Dubai occupies a unique niche on the world stage. The emirate combines many characteristics of both established and emerging cities, thanks to its meteoric and unprecedented rise. Overall, however, the city's attractive business environment and international profile, alongside its finance and knowledge-based strengths, mark it out as an agile higher quality emerging city.

Not only is the Indian economy picking up thanks to the growth in consumption (and vehicle, fuel sales) but the real estate market in...

Indians love to have a Gujarati thali in a restaurant in New Jersey. Closer home, you may easily find a modular kitchen by Hettich in many a home. To succeed in markets like India, foreign brands will need to follow the mantra of ‘think global, act local’ diligently.

Pune has seen a rapid growth in office rents over the last four-six quarters. This is due to absorption having increased during the same time period while Grade-A supply remained subdued. Interestingly, this rise in rentals is across Grade-A and B buildings. Project-specific rents also increased significantly higher than the market average during the period.

Home buyers should especially beware of freebies being offered by investors who have put their money into properties in locations that are known to be ‘overheated’ (in other words, where rates have been artificially inflated by excessive investor activity). In such cases, freebies are meant to act as psychological encouragements to make an unwise property purchase.

Land pooling is an efficient means of combining smaller, irregular land holdings into larger, developed wholes which can serve as new urban areas.

The main purpose of open spaces is providing the means for the recreation that is necessary for overall health and welfare. As a result, the availability of ample open spaces near a housing project also enhances property values, the appearance of the community, quality of life and preservation of natural surroundings.

The initiative for smart cities began when Mr. Arun Jaitley, the finance minister, allocated Rs. 7060 crore in the last Union Budget to create of transform 100 cities into smart cities. The potential investments into these smart cities would cause India to reach heights that no other country in the world has touched so far.

Property buyers can expect 5-12% annual appreciation on capital values, depending upon the location, product, delivery time-frame, etc. – in these emerging pockets of Pune. Unlike end users, investors are also focused on the best time to exit; a horizon of three years or more needs to be maintained for investments done today.

Especially for larger cities like Pune, they are in fact the only remaining solution for citizens who aspire for acceptable living condition. As the rest of the city continues to get overpopulated and polluted, integrated townships are gaining more and more significance among home buyers.

Home automation has become a very important criterion for them is a natural extension of this fact. Empowered with more disposable income, India’s growing middle class is looking for a lifestyle that addresses their needs for efficiency, functionality and sustainability.