Pune has been patiently waiting for a new international airport while relying only on the infrastructure of the Lohegaon Airforce Station of the Indian Air Force. This Greenfield problem, however, is being held up by a variety of website online certifications and outstanding approvals. The airport, which is slated to be built close to Saswad and Jejuri in Pune’s Puranadar Taluka, might span 2,400 hectares and be owned by the City and Industrial Development Corporation. The management and operation of the Purandar Airport may fall under the purview of the Maharashtra Airport Development Company.… Read more
Stamp Duty and Registration Charges in Pune for 2024
Pune property buyers should familiarize themselves with the stamp duty and registration fees assessed by the Maharashtra government, just like they should with any other city in the nation. Since Pune is regulated by Maharashtrian legislation, the Government of Maharashtra has the authority to determine Stamp Duty and Registration Charges. All land in Pune, whether freehold or leasehold, is subject to stamp duty and registration fees, including agricultural land. Additionally, dwellings, residential buildings, and commercial spaces are subject to these costs. Given that these statutory taxes are a necessary component of all real estate transactions and account for a sizable amount of the entire cost of purchasing a home, it is imperative that real estate investors maintain current knowledge on … Read more
Pune’s Old Wadas: A Treasure Trove of Culture and Architecture!
The wada is a traditional Indian house found mainly in Maharashtra. The word “wada” is derived from the Sanskrit word “vastu,” which means a dwelling or a house. The wadas were built during the Maratha Empire, which ruled over large parts of India from the 17th to the 19th century.… Read more
Locality Overview: Sus, Pune
Sus is a developing neighborhood on Pune‘s northwestern outskirts, close to the Mumbai Highway (NH-48). The neighborhood has seen consistent residential development in recent years, mostly in the form of multi-story rental buildings. Sound connectivity and closeness to the Hinjewadi employment zone are two significant factors driving real estate growth in the area. Mahalunge, Baner, Pashan, and Balewadi are some of the other places that might be close to Sus. Pinnacle Neelanchal, Vilas Javdekar Yashwin Anand, Pate Life Montage, Sukhwani Panorama, and Atul Western Hills Phase 2 are some of the key residential projects in the area, both completed and under development.… Read more
Locality Overview of Ring Road in Pune
The Pune Ring Road is a road that is intended to be built mostly around Pune, India. According to the Pune Metropolitan Region Development Authority (PMRDA), the route would reduce traffic congestion and provide access to the city’s fastest-growing districts. … Read more
Locality Overview: Lohegaon, Pune
Lohegaon, located on Pune’s Japanese side, is a rapidly expanding neighborhood. It is well-known for housing the Pune International Airport. After the Ambala Aviation Base, this area also includes one of India’s oldest air bases, known as a wing. The RPS Tower is one of the most well-known landmarks in the area. Mumbai is 156 kilometers away, while Pune is 13.6 kilometers away. It is bordered by Dhanori, Viman Nagar, Chandan Nagar, Kharadi, Charholi Budruk, Alandi, and Wadgaon Shinde. The well-known Diamond Water Park, which is well-known for its water rides, is a popular destination for residents. Many prestigious colleges, including engineering and control institutes, are also located in the area.… Read more
Pimpri Chinchwad New Town Development Authority
The Pimpri Chinchwad New Town Development Authority (PCNTDA) was established in 1972 and is responsible for developing city housing and industrial infrastructure in Pimpri Chinchwad town, located in the north of the Pune Metropolitan Region (PMR). … Read more
Mastering the Art of Luxury Real Estate Acquisition in Pune 2024
In the vibrant city of Pune, investing in luxury real estate presents a lucrative opportunity for discerning buyers. With evolving market trends and a plethora of options available, navigating the process of purchasing luxury property requires careful consideration and expert guidance.… Read more
Pune’s Top Residential Investment Opportunities
As Pune continues to emerge as a hub of economic growth and cultural diversity, the city’s real estate market is witnessing a surge in interest from investors seeking lucrative opportunities. With the demand for residential properties on the rise, discerning investors are keen on identifying the top hotspots for residential investment in Pune. In this article, we delve into the dynamic real estate landscape of Pune, exploring key factors driving investment, recent market trends, and highlighting the most promising neighborhoods for those looking to capitalize on the city’s burgeoning property market.… Read more