The Ever Increasing Value of Real Estate in Pune

The price of Real Estate in Pune has been a consistently growing graph. Prices here have never been in negative. They have grown at a brisk pace and have excelled, even more so in the last few years as Pune have morphed into a complete metropolitan city. Therefore, buying a property in the right place with the right people will prove to be beneficial. 

The rise in property prices is a bit divided through the city. There has been a sharp increase in the interior areas of the city. Some places have seen prices doubling in just a few months. However, the disadvantage of these places is that there are very few good housing projects here and homes are smaller and have fewer amenities. 

The outer suburbs of Pune have also seen a consistent rise in prices which has not been too steep. Therefore, these places have become the preferred destination for most people looking to buy homes. Some of the best real estate developers have wonderful projects here. The homes are large in size and have a lot of amenities. Rates here are also growing and are expected to complete with prices in the interior regions. Therefore, these suburbs and outer areas are the ideal places to buy a dream home. 

B.U. Bhandari Landmarks is the most popular real estate developer in Pune. They have really good developments in most of Pune’s best developed suburbs. Making high quality homes that offer a lot more than four walls is their specialty. Alacrity in Baner is a project that personifies the lifestyle all home buyers want; a beautiful home in a good area surrounded by all the comforts of modern day life. Most importantly, this project is by B.U Bhandari Landmarks and their reputation among buyers is enviable. 

The current period is one of the best periods to buy real estate in Pune. Even from an investment point of view. The property you buy right now will be a lot more valuable in the future, especially if it is in a project like Alacrity. Properties developed by expert developers grow faster in value.

Borrowing Now a Whole Lot Easier

Home loans is the best and the easiest way to pay for your dream home. Gone are the days when home rates were low enough to buy them completely. The rates have reached their highest in many years and they are expected to grow even more in the future. However, the good news is that home loans are now available easily and the procedure has become quite simple. 

The government is also encouraging people to take home loans by reducing repo rates from the bank. This gives banks the opportunity to reduce interest rates on homes loans. Though people may not have large amounts of liquid cash, they do have good jobs and salaries which qualify them for a decent amount of loan.

It is a positive situation for all parties involved. Government can reduce rates and promote spending, thus increasing economic growth. Banks can lend money and make good profits themselves and expand and reach out to a larger customer base. Buyers can get a home of their choice, and this home will prove to be an asset if it is purchased in a city like Pune. The value of the homes keep increasing continuously as the city grows. Also, buyers can avail tax rebates on the amount of their home loans. Therefore, if planned well, home loans are good for all.

B. U. Bhandari Landmarks has a wonderful bungalow plots in Talegaon. This is a Non Agricultural (N.A.) land project that gives you an opportunity to build your own home. All the plans and sanctions are already in place from the collector. You only have to purchase the land. Your land will be demarcated by fencing. In fact, even the bungalow plans are already approved. B.U.Bhandari Landmarks put their buyers ahead of all and so they already have an easy loan scheme as well. You can contact them to know about this scheme. 

Good developers like B. U. Bhandari Landmarks already tie up with good banks so their customers do not have to run from pillar to post for a home loan. They tie up with the best banks that offer easily manageable interest rates. 

For more details visit: www.bubhandarilandmarks.com

B.U. Bhandari Landmarks – Building Dreams

There are few real estate developers that understand you the way you do yourself. Your dreams, happiness, your aspirations reside in your home. A developer that has been building your dreams ever since is B.U. Bhandari Landmarks. Based in Pune, it is a part of the highly esteemed B U Bhandari Group, founded in 1920 by Late Shri Uttamchandji Bhandari. Eight decades later they are one of the biggest construction companies in western India. Their portfolio Real Estate includes Residential apartments, Industrial estates, Complexes, developed plots and IT parks. 

Their portfolio is very diverse, which proves their prowess in developing quality projects around the city. They have now specialized 'Quadvantage' homes (digital integrated home automation system), which proves that they are ever committed to deliver quality home to their customers. All this is possible because of their in-house specialists each who have the appropriate knowledge and experience to mesh with the preferences of the client. Their endeavor is to improve Quality through effective use of modern technology and skilled human talent. Also providing safe and superior construction, and being actively involved in providing sophisticated and affluent infrastructure.

Their excellent management plays an important part in creating marvels of this quality. Mr. Rajnish M. Bhandari, who is a mechanical engineer by education, heads the Real Estate Development and Construction Division. He had been looking after finance, legal, marketing and administration side of the business earlier. He has more than 20 years of experience behind him. Mr. Anuj M. Bhandari, who is an industrial and production engineer by profession he has mastered the art of land development and construction over the last 17 years. 

 

The current projects of B.U. Bhandari Landmarks include Alacrity flats in Baner and Belleza na plots in Talegaon. Alacrity, located close to the Balewadi Sports Complex, this project offers 2 and 3 BHK apartments which are apposite to a modern family. Belleza, located in one of Pune’s most picturesque neighborhood offers bungalow plots. Nestled in the arms of nature this is a paradise which is gives you the most enjoyable moments of life.

Home Buying is never and easy Decision, Be Vigilant!

Purchasing your home is one of the most important financial decisions of your life, and it has to be made with care. There are many aspects you need to check before finalizing. Also, you need to understand the different formalities and other such processes that are involved in the purchase. In addition to buying, selling tips, some equally important guidelines that can help you with the various legal, tax and other technicalities for buying a home. Some of the things are location, area, society, size and ventilation; this is the process of fixing your home, once this is done the main things begin.

What are the important documents to be checked before buying a home/property? 

This is very important; you have to check very thoroughly about the builder and the project. You have to make sure that the project has all the approval and permissions before going ahead. Carry out a thorough search and check out the approved layout plan, the building plan, ownership documents, etc. It is advisable to get professional legal help to help you verify the validity of the documents. 

What exactly is built up area, super built up area, and carpet area and what is the difference between them?

Carpet Area is the area of the flat which does not include the area of the walls. Built up Area includes the area of the walls. Super Built up Area is generally applicable in multi storied units and includes the built up area along with the area under common spaces such as the lobby, lifts, stairs, etc.

What precautions need to be taken while buying an under construction flat? This can be very tricky! You need to remain very vigilant in order to be not cheated. Ask the builder to furnish all the relevant papers and permissions to ascertain the genuineness of the project. Check if the land on which the builder is building is his or he has undertaken an agreement with a landlord. If so, check that the title of land ownership is free and clear. Ensure for NOCs.

Who should pay Stamp Duty - the buyer or the seller?

It is for the buyer to pay the stamp duty.  Section 30, of Bombay Stamp Act, 1958 states the liability for payment of stamp duty.

On what legal documents is a stamp duty levied?

Significant legal documents required in property transactions such as Agreement to Sell, Conveyance Deed, Exchange of property, Gift Deed, Partition Deed, Power of Attorney, settlement and Deed and Transfer of lease attract Stamp Duty calculated as per the market value of the property. Or you can forget all your worries and buy a home from B.U. Bhandari Landmarks, one of the most trustworthy developers in Pune. Their projects include Alacrity, Belleza, Hill Side Phase – I and Hill Side Phase –II.

Builders in Pune Widen Horizons in the Eastern Corridor

Builders in Pune have lately been exploring the potential of fringe areas once downcast by locals and outsiders alike for their underdeveloped resources and rural or semi rural image. As a consequence, real estate in Wagholi has taken a serious upturn as Pune builders focused on capitalizing the IT boom that churned up life at every level of existence. One of the most promising blue chip regions of Pune, Wagholi is located about 20 km to the east of the main city. Career opportunities in other industries such as manufacturing, automobiles, biotechnology, retail, banking etc. has further encouraged Pune builders to set their bearings on Wagholi to be developed into the next best destination for investors as well as settlers.

As real estate prices shot up beyond the reach of the average citizen, builders in Pune enabled their consumers to consider alternative options according the best of both worlds viz. affordability and quality of life which is fast depleting within the city. Real estate in Wagholi is one such option. The IT hubs of Wagholi and Kharadi and the SEZs combined, occupy to the order of 9 million sq ft of commercial space. Ease of access to these focal points of development from the airport, railway station and the city center, is the factor that is most favorable at Wagholi.  Also located in the vicinity are recreational zones in areas like Viman Nagar, Koregaon Park, M G Road and so on. Further, real estate Wagholi is on the high tide because of its proximity to industrial sectors of Hadapsar, Manjri, also Chakan with its site for the proposed new international airport.

 For people still apprehensive about setting up base at Wagholi, there is more good news. Educational facilities here include BCS Science College and Lexicon International School which offers world class co-ed schooling. What’s more is that there is absolutely no dearth of recreational choices with a number of malls, multiplexes and shopping zones within easy reach of Wagholi.

B. U. Bhandari Landmarks are renowned builders in Pune having their stamp of distinctive quality on real estate in Wagholi. Critically acclaimed for their visionary concepts like Quadvantage homes using digital integrated home automation systems, B. U. Bhandari Landmarks offer spacious 3 BHK villa style row houses at Wagholi. These row houses have brought about the facelift of Wagholi and overall Pune properties, owing to their design and suburban lifestyle amenities. Builders in Pune like B.U. Bhandari Landmarks have surely spruced up Wagholi real estate!

Real Estate in Pune – Conquering Uncharted Territories

These days, anything you say about real estate in Pune is gobbled up in a jiffy. It has become a watch word literally for those who are connected with the field. Now ladies and gentlemen, you would ask what are the reasons for Pune real estate basking in full glory. Well, there are a lot of factors regarding real estate market in the city which are giving the developers as well as customers a reason to smile. For starters, if you compare Pune circa 2000 and now, there has been a colossal change in the city, in all aspects –infrastructure, real estate, auto, academics, overall look of the city and it has turned into a quintessential metropolis. Students and professionals from all corners of the country are attracted to Pune, thanks to its flourishing IT, auto and manufacturing sectors and good educational institutes.

Now, these developments have fuelled the demand for apartments in Pune to a large extent.  Builders in Pune too are fulfilling the demand in the best possible way. They have been prudent enough to identify the needs and aspirations of the discerning property buyers and provide exactly what they want. Moving away from the crowded prime areas of the city which hardly have any land tract available is one of the major things the developers in Pune have done. This has resulted in a couple of things. To begin with, the rates of residential properties in Pune in these fringe areas are affordable. These areas technically are away from the bustle of the city, but on the other hand they are well connected with them.

Baner, Kharadi, Kondhwa, Talegaon, Hadapsar and Wagholi are some of the fringe areas mentioned above. Amongst these, Baner and Kharadi are fast emerging as hot properties and they have become darlings of developers in Pune. B. U. Bhandari Landmarks is one of the leading builders in the city which has dabbled into real estate in Pune and Baner, specifically and has helped transform the skyline of the area.  The company’s latest project in Baner, Alacrity has unleashed the magic with its 2 and 3 BHK apartments in Pune.

This Pune property is further complimented by excellent amenities, ranging from security systems like magnetic door sensor for main door, smoke detector, intercom facility, DVR system for main gate and building entrance to recreational and lifestyle amenities like community hall with gym, landscaped garden, garbage chute, rain water harvesting and more. So if you are looking at apartments in Pune, Alacrity will be the end of your quest!

Real Estate in Pune Outshines With Developing Suburbs

Investing in the real estate of Pune has been a rising trend, especially for the working class people. It is because real estate of Pune promises good appreciation and as a result high returns on the value. Location has played a big role when it has been about investing in Pune properties. Property buyers seek a location that is close to their work place and provides an easy access to the prime localities of the city which offers them convenience of hassle free travel as well as daily needs.
New residential projects are being launched in the suburbs of Pune city. These new projects offer everything to its prospective buyers, right from spacious living spaces to hi-tech amenities and features.

The interiors along with the exteriors are well designed with no compromise on the comfort factor. It’s great to see such excellent housing projects being introduced in and around Pune city which are encouraging property buyers to invest in more of these.One of the upcoming suburbs of Pune is Kondhwa where prominent builders such as B. U. Bhandari Landmarks have launched a housing project like Unity Park. Unity Park is a perfect place that introduces you to an eco-friendly lifestyle.

This meticulously planned structure offers well-designed and comfortable 1 BHK, 2 BHK and 3 BHK apartments in Kondhwa. This project with pollution free and wide open living spaces in Kondhwa is in close proximity to Market Yard, Camp and Kalyani Nagar and Koregaon Park. Featuring amenities and facilities like children's playground, landscape garden, rain water harvesting, 24 hours security system, club house with lawn, swimming pool, water supply and loads more, Unity Park is a complete package of comfort and pleasure.  

Kondhwa is one among the popular localities in Pune due to its greener and pollution free surroundings and easy accessibility to Fursungi IT Park, Magarpatta Cyber City and Hadapsar. It is emerging as a leading business centre with various real estate establishments like commercial and industrial and that too at competitive rates. To add to it, Kondhwa is close to popular malls, restaurants, multiplexes and other hot spots in Koregaon Park and Pune Camp. The locality is mainly occupied by a populace that includes students, professionals and middle class.

Real estate in Pune is growing exponentially with quality properties in localities like Kondhwa. The credit goes to real estate developers like B. U. Bhandari Landmarks a leading builders in pune who have changed the map of Pune city.