TheCompletePropertyStore - Place For Property Of Your Choice

The real estate sector in India is experiencing unexpected growth. Generally people think that only buying and selling property is nothing but real estate business. Now it has become quite easy to find property of your choice and investing in real estate business because of online property portal even if you don’t have knowledge about property deals.

The property portals like thecompletepropertystore.com have brought up new aspect of property business. Investment in Property is always good choice as demand for properties is growing day by day from last decade. Investors from all corners of the world are attracted towards property investment and are willing to invest huge amount of cash. There are lots of organizations, dealers, builders and construction companies have emerged those are involved in real estate industry.

The online property portal – thecompletepropertystore.com have designed after a lot of research to make property searches very easy and user friendly in any city of India. This is the complete guide that includes important information regarding loan, ROI, property rate,vastu shastra and much more.

Contact Details :

Mob : 9422280966 / 9689902902
Landline : 020-27010019 or  020-27610081/2
Email : services@thecompletepropertystore.com
Website : http://www.thecompletepropertystore.com/

Properties in Baner – Rising Demand in Real Estate Market Pune

As we have seen in earlier blog Pune real estate had tremendous growth in last few years. Baner is one of the outstanding suburb located on outskirt of Pune. This is best destination for IT/ITES professional. It provides convenience for people working in Hinjewadi as well as Rajiv Gandhi IT Park and itself is home for some best MNC companies like Symantec,Calsoft etc.

Why Baner is best to make property investment?

• As stated above it is only 5 km far away from Hinjewadi and Rajiv Gandhi IT Park
• It is convenient for people travelling from Mumbai
• It is also close to major localities in Pune such as Aundh, Pune University, Pashan, and Deccan
• The infrastructure and civic amenities are developed here.

Baner is suppose to be queen of suburbs in Pune as it is centrally located in beautiful hills and greenery. Among most preferred localities Aundh has reached to the point of saturation.Still Balewadi and Baner had some undeveloped area that’s why Baner is favored by construction companies and prospective homeowners alike. If you are looking for a flat in Pune then Baner is the right place .

Factors Behind Pune Real Estate Hike

Property Demand in Pune City is growing because of IT industry. In the areas like Kalyani Nagar, Hinjewadi, Wakad and Baner there is steady demand for properties as these areas are close to major IT hub. Apart from IT and BPO industry, the student population in Pune residing their campuses are also demanding housing in Pune.

According to real estate experts and agents there will not be recession in  Pune Real Estate Industry at least in the next 10 years. And property demand in Pune is still stable. Currently, Pune Real Estate market is one of the most dynamic segments in Western India.

According to the real estate market reports in Pune, commercial property in Pune fetches about 20-25% returns on investment. Thats why Pune is most preferred destination of investors. Developers are now also focusing on the bordering areas of Pune such as Ambegaon, Wagholi,Chakan etc. Most of the investors are now looking for affordable accommodation in suburban and bordering areas.Areas like Kothrud, Vanwadi, Aundh were the extension of villages but now they are hub of property development .

Pune is swiftly transforming itself into IT city as many national and international companies such as, Wipro, Infosys are establishing their base in the city. Even though because of growing market in Pune many leading MNCs has also arrived here.
The rapid industrialization of Pune has increased the population in the city tremendously and the fact is that Pune Real Estate is successfully providing space not only for the commercial complexes but to residential buildings also.

Profest 2013 - Biggest Property Exhibition by CREDAI-PUNE METRO in Pune

CREDAI-PUNE METRO presents biggest property exhibition in Pune - PROFEST 2013

PROFEST 2013 Dates:

The Mega Property exhibition will be held for 3 days starting from the 1st of February to the 3rd of February 2013.
PROFEST 2013

Venue:

The venue for this year’s CREDAI property exhibition is as follows -
SSPMS Ground,
Near Le Meridien,
Next to RTO
Pune

How to register for PROFEST 2013?

To register yourself for PROFEST 2013 please visit http://www.credaipune.org/exhibition/2013/Form.pdf


Stall Pricing and Layout for PROFEST 2013:

Get more details about Profest 2013 and pricing information
http://www.credaipune.org/exhibition/2013/layout.pdf

The stall allotment will be done on the Thursday,17th of January 2013 in the CREDAI Pune Metro office at 4.00 pm

Visit http://www.credaipune.org/

India's Most Expensive Real Estate Deals in 2012

India's Most Expensive Real Estate Deals in 2012

National Textile mills land

Price: 2,725 crore (Rs 27.25 billion)
Buyer: Lodha Group
City: Mumbai
India rank: 1




 

Thane plot 

Price: 1,250 crore (Rs 12.50 billion)
Buyer: Agile Real Estate
City: Thane
India rank: 2

Commercial space


Price: 1,000 crore (Rs 10 billion)
Buyer: Blackstone
City: Bangalore
India rank: 3

Maheshwari bungalow

Price: 200 crore (Rs 2 billion)
Buyer: Sajjan Jindal
City: Mumbai
India rank: 4

Chanakyapuri plot

Price: 111 crore (Rs 1.11 billion)
Buyer: Sudhir and Samir Mehta
City: New Delhi
India rank: 5

Indian Real Estate Market Forecast in 2013

According to real estate expert the real estate market will improve moderately in 2013.The property prices have breached affordability limits in cities like Mumbai. However, real estate developers will have to factor in the ground realities of the business while discussing the lowering of prices to catalyze sales in 2013. Builders are already overwhelmed with the increased rates of construction cost and cost of license.

It has been found in year 2012 that residential properties are not selling at current price point. But in 2013 the only way to catalyze healthier sales is offering buyers tangible financial relief. The cities of India will see an increase in residential launches in 2013. In 2012 the southern cities of Bangalore and Chennai had recorded historical high in terms of the number of launches during 2012.

To attract property investors, developer will also offer attractive benefit on pre launch property investment. While developers with large scale real estate projects will be under greater pressure to offer discounts than smaller projects.

In past three years Pune has recorded an average of close to 6000 units per quarter. As a real estate market in pune has grown too fast in short time, so the launches in Pune will be moderate in the near term.

Commercial Real Estate in India witnesses increase in demand

Commercial real estate industry in India

that includes office spaces and retail have started experiencing increase demand after big economic slowdown in past few days.In major cities of india  near about 9.2 million sq. ft of commercial space was sold at the end of June 2012. Ravi Ahuja, executive director for development services at consultants Cushman and Wakefield India said that the sale of commercial property was 5.8 million sq. ft in April-June 2009.

It is accepted that Some 16.4 million sq. ft of retail space is expected to be available in 2010.Saleing and leasing of commercial office spaces Mumbai and Delhi-NCR rose 69% and 18%, respectively. The past report says that about 70% of transactions in Delhi-NCR have been recorded in Gurgaon, Noida and Delhi’s south business district. In Noida large multinational corporation firms from banking and IT sector are attracted to set up offices. In Mumbai, most commercial real estate projects are coming up in secondary areas.

Multinational corporation firms are looking for central locations in big metro cities this may be reason for rise in rental cost in these areas. The improved economic climate within the country making attractive market over globe.