5 Ways in Which Demonetization Has Positively Impacted the Real Estate Sector

It has been a month since our Prime Minister Shri Narendra Modi shocked the nation with the announcement of nullifying the currency notes of Rs. 500 and 1000 in India. While this move has received mixed reviews across the country, Real estate developments Pune have warmly welcomed this bold decision. In the long term, this move against black money will prove to a boon to real estate and a win-win situation for both, buyers and customers.

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Customers are even more delighted as demonetization will translate into a more transparent and organized home buying process, thus soothing the anxiety and stress associated with such a big investment. If you’re worried about demonetization and its impact on the real estate sector, we have some great news for you! The following are 5 ways in which this is a brilliant call for India’s realty market and its customers:
1. Affordable Home Loans
Due to demonetization, the flow of money has increased in the banks from small scale industries and organized sectors, leading to huge deposits. With the liquidity of money, banks will be able to offer home loans with lower interest rates. Buyers can expect a dip of 2-3%, thus making it easier to afford a home loan and its EMIs.
2. Projects in Full Swing/
Real estate projects in Pune will now get completed faster as the pending projects will get the desired funding from banks and financial institutions due to the increased cash flow. This will help customers move into their dream homes without much wait as delayed and held projects will now resume work.

flats in Pune.

3. Infrastructural Development
Due to the cash inflow to the government, there will be huge investments in the infrastructure of the country, thus enabling better connectivity to affordable housing projects in the outskirts of major cities. Since the government now has lakhs of crores, there will be a boost in funding infrastructure schemes.
4. More Buyers
Since fewer people were in the banking system before demonetization, there was a documented shortage of homes in India. However, now people will come into the mainstream economy and be eligible for home loans, thus increasing the number of buyers in the sector.
5. Transparent Process
A cashless economy will ensure a transparent and assured home buying process. Also, with the GST and RERA implementation, customers can buy their dream home without any anxiety or worries.
This is the perfect time to invest in real estate projects in Pune as you can get excellent returns on your investment. While an FD in a bank gives only 5-6% returns, buying a property can ensure long-term appreciation and will create a lifetime asset for your family. Make the most of this time to book your dream home in one of the leading real estate developments Pune and let demonetization work wonders for your future!

flats in Pune.

Interior Design Trends to Embrace in 2017

Real estate developers Pune are often looking at global design trends while designing their new buildings. Similarly, interior designers also prefer analysing world trends before they help customers create a striking home interior. If you have recently bought a 1 BHK flat in Pune or a 4 BHK flat in Pune, you must be considering your options for designing it in the best possible way. For those who already own furnished flats in Pune and want to redecorate, this is the perfect time to start your redesigning project. We bring you the top trends to look forward in 2017 and ways to incorporate them in your homes:
Let’s Add Some Warmth – Compared to the cool and simple white tones people used in their homes, warm materials like Terracotta will make their way in new-age residences. The natural matte finish will look great in bathrooms or for feature walls in the living room as it will give a unique character and warmth to your home.

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The Greener Side – Navy and midnight blues are now giving way to the dark green – a colour that will definitely uplift your home’s look and feel. You can opt for a dark green wall in the bedroom or choose furniture items of this colour to bring in some outdoors inside your home and make your homes feel naturally beautiful!

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Rewind to Vintage Time – Many home owners are now bringing back vintage style with a modern touch. You can refurbish a classic chair, add a vintage cabinet in your bedroom or go for a light fixture that beautifully integrates classic and contemporary. The fusion of two eras will bring in an exciting contrast to your rooms.
Sleep in Style – Bedheads are making a great impression in modern interior trends. Renowned for hotel beds and celebrity homes, these bedheads are now making their way in many premium 4 BHK flats in Pune. Opt for a neutral colour bedhead in the master bedroom and add some extra glamour and elegance to your private space.

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Your Escape Corner – As technology is invading a major part of our lives, many home owners are now looking for a nook and corner where they can be themselves and escape the wrath of technology. A place without any digital distraction, such corners can be adorned with relaxed furniture like floor rugs, a comfy chair, day beds, etc.

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A Jewel Toned Home – While the pastel shades of pink and blue have been a favourite for years, 2017 may welcome some jewel tones that are inspired by space, metal, clouds, stars and the cosmos. The sparkle will add a special romantic interest in the home and the dazzle will make coming home an extra special feeling.
Whether you’re looking to redo your furnished flats in Pune or want to spice up your new 4BHK flat in Pune with a stunning décor, these new interior design trends will definitely make your home stand out.
Happy Decorating!

Tips to Take Care of Your Home During the Rainy Season

As the showers of monsoon have started blessing Puneites, it has rescued us from the scorching heat of summers. However, while we thoroughly enjoy the monsoons, it isn’t a favourite season for flats in Pune.

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It is important to prepare our homes beforehand to avoid any damages inside or outside our beloved spaces. Along with showering joy, monsoons also bring along leaking walls, fungus on furniture or wet floors and a lot more troubles. We bring you some effective tips to maintain your home during monsoons:

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1. Wooden Cupboards – You can put camphor in wooden shelves to reduce the moisture content and prevent your clothes from getting ruined. Keep cloves to prevent smell issues usually associated with damp clothes.
2. Wooden Doors & Windows – They tend to swell during the rainy season due to the excess moisture in the air. Try applying oil or wax to hardwood floors to protect it.
3. Carpets – If you love carpets around your home, this is the time when you need to say goodbye for a few months. Roll up your costly carpets and cover them with plastic sheets to protect them from moisture. You can use bamboo mats or acrylic carpets during this season as a temporary replacement.
4. Leather Sofas – If you proudly own a beautiful leather sofa, it must be cleaned regularly to prevent fungus from growing on it. Try not to keep potted plants indoors as it can increase the dampness in your home.
5. Electrical Wiring – Apartments in Pune are highly susceptible to electrical failures during the monsoons. Always check the electric supply before the rainy season and ensure all wires are properly insulated to prevent possible mishaps.
6. Painting – Check that exterior walls or plaster does not have any crack to make sure rain water does not seep into your home. Also, use weather proof paint for your home exteriors and apply a coat of waterproof or water-resistant product before you paint the internal walls. However, it is important to remember that you can’t renovate your home in the monsoons. Plan it before or after the season.

flats in Pune.

7. Drainage Systems – Get the drainage system checked and cleaned before the rains start pouring in. You can also have a rain gutter or harvesting system near your home to ensure rain water flows easily.
8. Bathroom Tiles & Grills – Check that all gaps in bathroom tiles are sealed and filled. Also, ensure that grills, iron frames, and metal doors are painted well to protect them from rust in this season.
9. Ventilation – Flats in Pune must be well-ventilated by fresh air as humid air can lead to dampness which can pose health hazards.
10. Pest Check-up – Make sure you get regular pest check-ups to ensure there is no termite growth in areas of water leakage or high humidity.
Though monsoons bring along a lot of happiness to us, our homes need extra protection to enjoy the season. These simple and effective tips ensure that every apartment in Pune is ready for the rains!

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7 Bright & Colourful Diwali Decoration Ideas for your Home

Diwali is the most loved festival in India and all Pune properties look extremely bright and vibrant during this festival of lights. There are many ways in which you can glam up your home to make it look like the best flat in Pune during this festive season. Be it with diyas, lights, rangolis, flowers or torans, decorating your home will definitely lighten up your celebrations. It is said that Goddess Lakshmi enters homes that are clean and bright and blesses them with lots of prosperity and wealth. If you want to welcome the goddess at home, use the following ideas to make it shine the brightest this Diwali:

1. Diwali Diyas – The traditional diyas made of clay are a symbol of Diwali and your festivities will be incomplete without them. The charm of lighted diyas is enchanting in itself and can be further enhanced by painting them and placing them in all corners of your home. You can also bring an illusion of additional space and elevate your rooms with these diyas.

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2. Floral Diyas – To add some contemporary style to your home, place the diyas in a big bowl or plate filled with water and add lots of flowers or petals to decorate it. This will also add some soft fragrance in your home during Diwali time.

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3. Lanterns – It is always fun to buy beautiful lanterns to decorate the entrance of a home. If you want to look like the best flat in Pune during the festive season, opt for paper lanterns and put LED bulbs inside for a striking light. These lanterns will add grandeur to your home and also welcome guests during Diwali in an appealing way.

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4. Upholstery Change – You’d be surprised how changing just the upholstery around your home can make it ready for festivities. Opt for funky colour combinations, gold borders and silk fabrics to instantly elevate the look and feel of your furniture and homes.

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5. Candles – You can never go wrong with candles. Especially in the age where there are so many options available, you can buy a few scented and a pack of tea light candles to get your home lighted up for Diwali. The scented candles will also get you in the mood of festivities and freshen up your guests when they arrive. You can also decorate simple candles with flower petals, twigs, and cinnamon sticks to make it look gorgeous!

6. Rangoli – Colourful rangolis in front of everyone’s homes in Pune properties add extra joy to this auspicious occasion. You can even opt for flower rangolis for something unique and inviting this season. Place diyas in your rangoli to make it look even more beautiful and attractive during the evening time.

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7. Lighting – With china lights, it has become possible for every household to look like the best properties in Pune. Their affordability and variety make them an attractive option to decorate your home. You can put up serial lamps in balconies or add colourful bulbs that resemble a line of diyas on your walls.

properties in pune

Moving into Your New Home? Follow These Tips to Reduce Your Stress!

Congratulations! You have finally bought your dream apartment in Pune and are getting ready for your new life! Moving into a home can be challenging in many ways, but it doesn’t necessarily have to be a stress-fest. A fresh start of your life is surely super exciting and there are ways to ensure you don’t get overwhelmed with stress while doing so.

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If you are getting ready to box up your life and move, read these 7 tips to make life easier for you:

1. Organize Clutter

Being surrounded by clutter is the onset of a stressful journey of moving. Start by organizing all the stuff you don’t need into 3 categories – sell, donate and throw. With online selling, you can easily get rid of electronics or other appliances that you won’t be needing in your new home and make some money as well. Donate the items that you feel will help the less fortunate and throw away everything that is non-usable.

2. Make Space in Your Calendar

If both of you are working, it is important to set aside a few days dedicatedly for packing. Take a 2-day off from work, hire a babysitter and ask friends to help. Having 2-3 days of free time will help you pack much faster than spending just one or two hours every day.

3. Get Boxes Ready

Start accumulating boxes from your friends and family. You can also get a lot of cardboard boxes from nearby grocery stores or supermarkets. If you’re willing to splurge, buying boxes from packing or shipping stores is a good idea as you can be assured of their quality and standard size.

4. Planning is Vital

Strategy is as important during a home move as it is in the boardroom. The most efficient way to pack is to go methodically from room to room and label your boxes so that it makes it easier to unpack.

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5. Pay Attention to Your Valuables

If you aren’t able to find a particular piece of wedding jewellery or your passport, it can drastically increase your stress levels. Make sure you pack one suitcase with all your valuables and carry it safely to your new home. Another way to start life easily in your new home is to pack a suitcase as if you are going on a vacation and pack all essentials for a day or two.

6. Give Yourself Ample Time

Rushing into the moving process can increase stress and show minimum results. It is best to have ample of time by your side and pack day by day to minimize stress levels. You might have to pay rent for an extra month, but it will surely be worth moving in peace.

7. Embrace the Power of Delegation

Remember that you can’t do everything on your own. If you want your move into your new apartment in Pune to be rewarding, you must be willing to ask for help from friends and family or even seek professional assistance in order to smoothly move into your new home.

Starting a beautiful life in your new home can certainly be a dream come true when your moving process goes by smoothly with minimum hindrances.
Happy Moving!

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Moving to Pune? Know The Best Localities Suitable for Your Stay

Pune’s development is on a continuous rise and owing to the rapid infrastructure growth, a number of reputed companies are now setting up their base in Pune. This has led to thousands of professionals migrating to this beautiful city and starting a new life in Pune. A number of builders in Pune are now offering great opportunities for residents to enjoy premium lifestyles without creating a hole in their pockets. Real estate projects in Pune span a wide spectrum of options right from budget-friendly apartments to ultra-luxurious residences all across town. If you have recently planned to shift to Pune for better employment opportunities, we bring you a list of some of the best localities for your stay:

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Kondhwa

Kondhwa is rapidly emerging as a new suburb of real estate development in Pune. It is fast emerging as a bustling location, attracting residential customers and businesses alike. Kondhwa is one of Pune’s newer well-planned areas and offers a perfect mix of restaurants, malls, educational institutes, business hubs, etc. Every facility here has been developed for a social and happy life. You can find a number of 1, 2, 3, 4 BHK flats in Kondhwa, Pune at affordable rates, making at an ideal location to start your life in Pune.

Sinhagad Road

An area witnessing immense development, Sinhagad Road is a great option for those looking for premium residences at affordable costs. The options of 1, 2, 3, 4 BHK flats in Sinhagad Road, Pune are endless, giving buyers a wonderful choice to pick their desired dream home. The key reasons for the growth of this area are its close proximity to Hinjewadi, Baner, and central Pune. The Mumbai-Bangalore highway is also easily accessible from Sinhagad Road, making it a prime destination for living in Pune.

Ambegaon

If you’re looking to settle amidst natural beauty while still giving preference to connectivity, nothing will beat the charm and growth prospects of Ambegaon. It’s close proximity to Katraj ensures you are surrounded by verdant green hills, beautiful lakes, and natural splendour all around. It is also connected to the Mumbai-Bangalore Bypass, business hubs and a number of leading educational institutes. Builders in Pune are offering amazing 1, 2, 3, 4 BHK flats in Ambegaon, Pune at reasonable rates, making it a great investment for the future.

Kalyani Nagar

Kalyani Nagar has emerged as one of the most premium locations in the city. It has some of the best IT parks, restaurants, malls and schools of the city. It’s close proximity to Koregaon Park ensures a lively and vibrant social life while the connectivity to Kharadi, Pune Airport, and Station make it a central location to stay in Pune. You can find a beautiful mix of 1, 2, 3, 4 BHK flats in Kalyani Nagar, Pune at various price ranges. If you’re looking for a premium lifestyle at an elegant project, this is the ideal address for you!

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Hadapsar

Hadapsar has seen a drastic transformation in the last decade. Earlier known solely for farms, today, it is one of the most preferred locations for residential properties due to the IT and ITes hub in Hadapsar. A number of leading MNCs have set up their offices in Magarpatta and Fursungi IT Park, making it a preferred location if you work around here. You will also find a lot of recreational facilities in the neighbourhood due to a number of malls around. Take your pick from 1, 2, 3, 4 BHK flats in Hadapsar, Pune and get ready to enjoy life in multicolour!

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Infrastructure in Pune is improving every day and the cost of living is still much better compared to its counterparts like Mumbai or Bangalore, making Pune an ideal city to relocate. If you’re settling here for good, consider real estate projects in Pune at these prime locations for a great present and a rewarding future!

The Top 5 Mistakes to Avoid While Buying a New Home

Buying a new home is your chance to finally fulfil the ultimate dream of home ownership. Along with being your sacred haven, a home is also a great investment for you and your family’s future. However, since the purchase is one of the biggest decisions you will make in your lifetime, there are many things that can go wrong, turning your dream into a nightmare. In order to be sure that you are on the right track, avoid the following 5 mistakes while buying a home:

1. Going Overboard On Your Budget

Many home buyers tend to go shopping for homes and start loving the additional features offered by real estate projects in Pune. However, it is important to have a set budget and try your best to stick to it. At the onset, it may not seem too much to stretch your budget a little to buy a home you really love. However, you must consider the possibility of a reduced income or other financial setbacks before you blow up your budget considerations.

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2. Forgetting to Calculate the Added Costs

In the excitement to buy a new home, many customers forget to calculate the other overheads associated with owning an apartment in Pune. Right from home insurance, property taxes to monthly maintenance costs, there will be a lot of expenses coming your way when you buy a home. Don’t forget to calculate these expenses in your budget planning.

3. Opting for A Nominal Down Payment

Many builders in Pune will offer you a property at a minimal down payment. However, remember that if you pay a lower down payment, it translates into higher EMI, not to forget higher interest. Plus, if for any reason you need to sell the property at an early stage, you will have a lower equity in the property and thus, might end up with a non-profitable deal. It is best to pay as much down payment as you can to get lower EMIs and interest.

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4. Buying Everything New to Match a New Home

Many people feel that when they buy a shiny new apartment in Pune, they must match it with a new car, new furniture or new electronics. However, buying a new home is going to affect your finances in a big way, so it is best to refrain from overspending at least for a few initial years. Start living in your new home and analyse the things you really need, save up and then buy them one by one.

5. Not Thinking About the Neighbourhood & Its Future

Many buyers are lured by real estate projects in Pune that are highly affordable. However, if you don’t consider the neighbourhood, you might be in for many unpleasant surprises down the road. It is important to analyse the location and ensure it has basic amenities like water, electricity and a strong infrastructure. Also, make sure the location has good future prospects in order to gain appreciation on your investment.

Buying a home can be stressful and overwhelming and it may come with its share of potential pitfalls. However, if you are well-informed about the possible issues, you can prevent costly mistakes and buy with confidence!

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All You Wanted to Know About Built-up and Carpet Area Calculations

Are you shopping around for flats in Pune? You might come across thousands of real estate projects in Pune, making your decision a challenging one. While some builders might offer a flat of 1000 sq. ft. for 25 lakhs, the other might offer a property for the same amount but with a claim of a bigger area of 1200 sq. ft. As a buyer, you might think the larger area is the better deal, right? Don’t make your decision so fast. Area of a property might be one of the vaguest terms used by builders in Pune and many realtors are known to exploit this ambiguity to a high extent. While buying a house, you might hear the terms carpet area, built-up area and super built-up area and these terms might cause a lot of confusion.

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Not knowing the right meaning of these terms will give developers a chance to take you for a ride and rip you off extra lakhs. Understanding these aspects of property calculations is not rocket science. Read on to know how areas are calculated in a home and how you can save your hard-earned money.

Carpet Area

Like the name suggests, carpet area that can be actually covered by a carpet in your home or the area without the thickness of inner walls. This is the real space you will have at your disposal in the home and focusing on the carpet area while buying will help you understand the usable area in different parts like bedroom, kitchen and living room. Many builders in Pune don’t even mention the carpet area at first. They might just talk about the built-up or the super built-up area. It’s important to clearly ask about the carpet area in order to understand the amount of space you will have inside your dream home.

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Built-up Area

The built-up area is derived after adding the carpet and wall areas. This includes the area that is being occupied by the walls in your home, including the thickness of the inner wall units. This area is usually 20% of the built-up area and it changes the perspective of the home completely. Other areas like the dry balcony, flower beds, etc. constitute about 10% built-up, making the total of 30% and above. In most cases, builders offer a built-up area of 35-40%. So usually, the usable area in a home is just 60-65% of the area mentioned. So if a builder is offering 1200 sq. ft. built-up, remember that 40% of it might be unusable, so you will only get around 720 sq. ft. for usage.

Super Built-up Area

Also known as the saleable area, this is a favourite term of builders. This is calculated by adding the built-up area and the common areas like lifts, corridors, lobby and even amenities in some cases. This can be almost 25% more than the built-up area.

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While selling real estate projects in Pune, many builders add 35-40% loading in the carpet area to derive the built-up area. So, if the carpet is 1000 sq. ft., the built-up can go up to 1400 sq. ft., causing you to spend an additional amount for the space that you won’t get to use. On the contrary, Mittal Builders charges only 30% loading in the carpet area for the built-up area. So in a 1000 sq. ft. carpet, the built-up goes to just 1300 sq. ft., saving you money for 100 sq. ft. As the company works with CREDAI association standards, customers can be assured of a transparent and honest deal.
Remember to always ask the builder for the exact calculations of the carpet, built-up and super built-up area before you book flats in Pune.

Buying guide to real estate

Over the years buying a home has become everyone’s dream. A lot of sentiments are attached when it comes to owning a home for the family. However the increasing real estate price and the cost of raw materials make the civilians think twice before investing in it. Besides, there are multiple factors like income tax,savings, property tax etc, which need to be considered before investing in real estate.There are many factors to consider and many decisions to make. That’s why, when buying, it’s crucial for you to have all the available resources necessary to make a well-informed decision, together with the time required to make complete use of them.

Pune still largely remains a buyer’s market with the property prices increasing at a higher rate than rental rates. The vast improvement in the job opportunities in the past also contributed a lot to the property prices as a lot of professional also were keen to buy a property and intended to settle down in the city.

Some of the top projects in Pune are at situated in areas like Hadapsar, Kondwa and are found to have cheaper property rates and proven to be affordable for the individuals having income between 6-15 lacs per annum.

Generally, finding and purchasing a real estate includes the following steps:-

1.Research Your Options, Define Your Goals and Make Your Plans:-

Given that buying a home in Pune is such a big step, it is more important for you to educate and prepare yourself as much as possible in advance. This means clearly determining why you’re buying and what kind of Properties in Pune you’re looking forward for.As buying and financing a home are so closely related, it also means examining your current financial situation and projecting how much you can afford.

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2.Why Pune?

Pune is situated to the west of Maharashtra and is the eighth largest metropolis in the country. Considered as the second largest city of Maharashtra, Pune is tagged as one of the fastest developing urban territory of India. One of the historical cities of the nation, Pune is endowed with a shining past, a ground breaking present and an auspicious future.After Bangalore, Pune has emerged as the potential destination to cater the growing number of IT companies in the country.Considered as an end-user market, the real estate prices in Pune are drastically increasing and the prices are supposed to touch the sky in the coming time.

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3.Who are the Top Builders in Pune?

Buying a flat in today’s era has become difficult, as end person is having a vast variety of builders to choose from. So it’s Important for him to have a survey about the Top Builders in Pune and then choose from the best among them. However, with all the unique opportunities and potential pitfalls of the current market, it’s even more important for him to visit the Builders office and check what extra he has to offer him.

4.View the projects and select the one:

Simply starting the home search process is knowing what you’re looking for and in which area you are likely to settle down and then choose Top Properties in that area.

Here are few recent facts about the search process that might help you in the searching process :-

  • Almost 90% of buyers use the internet to search Home.
  • The typical buyer searches for 12 weeks and visits 12 sites.
  • 81% of buyers find real estate agents useful in the search process.

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5.If you select your home then know about society Amenities:

While searching fora flat, the following points needs to be considered before finalizing i.e.society formation, electricity meter, parking space, health club, swimming pool maintenance charges, and any other payment that you are expected to make. Getting lower base rate should not be at the cost of paying higher rates for other amenities.

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An expert advice about Pune Properties

Pune is near to the financial capital, Mumbai, has made growing hub for educational institutions and IT companies, which has at last prompted in increment property costs.

There are various others things which you should know about pune real-estate.

Financial specialists are coordinating toward fringe zones

Fringe extension and periphery region advancement is the pattern what Pune now takes after. This is because of the steep rise in property rates in central Pune and affordability in prices in these outlying localities. Likewise, Kondhwa and Singhad Street have developed as potential areas for private.

Smart city label to boost project prospects

It is the buzzword that has created a wave in the whole country and hence considerable growth will be witnessed within and outside the limits of these smart cities. A notable 32% of respondents of a survey carried out in the same context displayed interest in procuring units in these budding hotspots.

Pune- Knowledge and IT hub

Property on Sinhgad Road

Various understudies have moved here, Pune being the Oxford of the East and property costs in closeness to instructive organizations are nearly higher. This division is driven on a profoundly prepared and proficient work force who are vigilant for homes in shifted value sections inside Pune, a number of whom are principally hunting down rental units.

NRI investment in commercial sector

Owing to relaxation in regulations and eased out procedures by the RBI, the NRIs are now drawn to investment in commercial properties and Pune is a good option as there are range of projects-schools, hospitals, restaurants, malls in several commercial pockets and upmarket areas of Pune.

Leaning towards eco-friendly housing segment.

Developers are now attaching importance to green buildings and sustainable architecture in their construction projects in view of saving on resources and long term cost effectiveness. They are drawing attention to eco-housing in order to offer healthy spaces for tenants to reside in and maintain high conservation standards to ensure environment safety.

Mittal builder is a top builders in pune which has proven their ability in real-estate by developing various properties in pune.

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We work on the philosophy that gives everlasting, emotional bonds over material gains, translates into ever smiling faces. This is our investment of future.