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Where Realty Meets Relationships PROP Day 2025 by Professional Realtors of Pune PROP Day 2025, organized by the Professional Realtors of Pune (PROP), unfolded as a grand celebration of the thriving real estate ecosystem, bringing together over 1,600 channel partners and developers from across Pune and PCMC. Held with the theme “Where Realty Meets Relationships,” the event was a resounding success, combining business, learning, and entertainment in one dynamic platform.Grand Inauguration & Celebrating 7 Years of PROPThe day commenced with the inauguration of the Expo, graced by the entire PROP leadership: Darshan Chawla-President, Kishen Milaney-Founder Chairman, Ramesh Toshniwal-Vice President & Convener, Abhijit Sabharwal-Vice President, Ms. Kirti Bhosale-Hon. Secretary, Vikram Malik-TreasurerThey were joined by members of the Governing Body and the PROP Day Committee, all playing key roles in curating this event.The expo was officially declared open by Mr. Shamkant Kotkar of Nandan Group, in the esteemed presence of:Mr. Sunil Jadhav -Global Properties, Mr. Ayush Agarwal-Menlo Realty, Mr. Maulik Shah – Reynovaa Ventures, Mr. Rohit Motwani- Rohit GroupA special highlight of the day was the 7th Foundation Day celebration of PROP, commemorated with a ceremonial cake-cutting in the presence of all dignitaries and members.Expo: A Developer-Channel Partner ConnectThe exhibition showcased leading developers from Pune and PCMC, presenting a wide spectrum of residential, commercial, and plotting projects. It served as a strong networking hub, enabling channel partners to directly engage with developers, explore opportunities, and build lasting partnerships.Power-Packed Knowledge and Educational SessionsAt 2:00 PM, the spotlight shifted to knowledge-sharing sessions, featuring industry stalwarts:Mr. Satish Magar, Chairman, Magarpatta City – Chief Guest & Keynote Speaker, shared his perspective on “Rising Pune: The Growth Story Continues”. Mr. Ravi Varma, Chairman Emeritus, NAR India, discussed “Marketing Realtor Business for a Sustainable Model”. Mr. Harish Shroff, Director – Sales, Marketing & Business Development, Nyati Group, emphasized “Beyond Transactions – The Need of the Day”. Dr. Navneet Mandhani, Social Influencer, presented his insights on “Vastu & Numerology – Hidden Influences in Real Estate”. Shripal Gandhi delivered an impactful talk on “The PROPTech Revolution – Leveraging AI in Real Estate”.The session culminated in an insightful panel discussion on “Adapting to Changing Trends in Real Estate Deals”, moderated by Abhijit Sabharwal, with distinguished panelists:Mr. Akash Agarwal- MD, Krisala Group, Mr. Prasanth Gopinath Director, Commercial, Kohinoor Group, Mr. Tarush Goel Director, Goel Ganga Group, Ms. Divya Pradhan Head – Brand & Marketing, Rohit GroupBusiness Networking & Evening EntertainmentFrom 4:30 PM to 5:45 PM, a dedicated Business Networking & High Tea session enabled deeper engagement between channel partners and developers.The evening segment opened on a celebratory note at 6:00 PM, welcoming esteemed guests:Mr. K.K. Goyal, Chairman, Kohinoor Group Chief Guest, Mr. Bharat Agarwal, MD, Kasturi Group & President, NAREDCO Pune, Guest of Honour, Mr. Ashwin Trimal, Hon. Secretary, CREDAI Pune, Mrs. Smita Patil, Chairperson, NAREDCO MahiIn their speeches, both Mr. K.K. Goyal and Mr. Bharat Agarwal praised the pivotal role of channel partners in the real estate ecosystem and shared insights on partner-friendly policies and growth strategies.The cultural segment titled “Kishore-Rafi ke Rang, PROP ke Sang” enchanted the audience with evergreen melodies by legendary artists like Kishore Kumar, Mohammed Rafi, and Lata Mangeshkar.The highlight of the evening was a laughter-filled comedy show by the popular Hasya Jatra artists:Samir Chougule, Pruthvik Pratap, Vanita Kharat, Shivali ParabTheir performances left the audience in splits and added a perfect touch of joy to the day.Felicitations & FinaleTowards the end, Mr. K.K. Goyal and Mr. Bharat Agarwal felicitated the PROP Governing Body for successfully organizing one of the most memorable events of the year.The evening concluded with a delicious dinner, bonding, and shared enthusiasm for the road ahead in real estate.

The Importance of Title Verification and Due Diligence in Real Estate Transactions Investing in real estate is a major financial decision. In India, and even in a progressive state like Maharashtra, historical landholding patterns and incomplete records make legal ownership complex. This is why title verification and due diligence are critical before purchasing any property. What is Title Verification? Title verification ensures the seller has legal, marketable ownership of the property. It confirms the title is: Free from encumbrances (e.g., mortgages, litigation) Legally valid and transferable Not under third-party claims, including government or heirs What is Due Diligence? Due diligence is a comprehensive legal and financial review that checks: Approvals and clearances Regulatory compliance Absence of liabilities or taxes Land use conformity with zoning laws Risks such as contractual disputes or illegalities Why It’s Critical? Prevents Fraud : Incomplete or manipulated records are common. Fake sellers and double sales happen. Verification shields buyers from costly litigation. Ensures Marketability : A property with unclear title can’t be easily resold or mortgaged. Banks often reject such cases. Reveals Liabilities : Unpaid taxes, loans, or government claims may be passed to the buyer if unchecked. Confirms Legal Approvals : Absence of sanctioned plans or occupancy certificates can result in demolition or denial of utilities.  Adds Value & Peace of Mind: Clear title means better resale value, fewer disputes, and security for family or institutional buyers. What a Title Report Covers? Chain of title (30–50 years of history) Mortgages and encumbrances Ongoing litigation or disputes Revenue records and mutationsOn-ground possession and boundary checks Land classification (residential, NA, etc.) Building and layout approvals RERA compliance and society dues Legal restrictions (e.g., CRZ, heritage status) Do’s and Don’ts Do hire a property lawyer Do insist on professional verification Do involve experts for large land deals Don’t rely only on agents’ verbal claims Risks of Skipping This Step Buying from someone with no legal right to sell Property under litigation or illegal construction Hidden loans or encumbrances Government acquisition or resale restrictions In Maharashtra Due diligence is backed by strong regulations. RERA mandates disclosure of title status. Key documents include the 7/12 extract, property card, and mutation entries. Special diligence is needed for cantonment, ULC, and Old Grant properties. Never skip title verification. A small investment in legal checks can save years of legal battles and financial loss. When in doubt, verify—or don’t proceed. Adv. Mukesh B. ZendeB. Sc. LL.B. MBA, (Corporate Law)Patent Attorney On Record+91 98222 68068adv.mukessh@tosslegal.com

Empowering Dreams with Smart Financing In today’s dynamic real estate landscape, smart financial planning is not just important—it’s essential. Whether you’re a first-time homebuyer, a real estate investor, or a business owner planning to expand, having a trusted financial partner makes all the difference. That’s where Dravyam Fintech Pvt. Ltd. comes into the picture—a name that’s redefining financial advisory and loan facilitation in the real estate ecosystem.With a vision to provide secure, transparent, and hassle-free financial services, Dravyam Fintech is committed to delivering more than just numbers. The company specializes in offering end-to-end loan guidance, helping clients choose the best options tailored to their goals—be it home loans, loan against property, or business financing.What sets Dravyam apart is its customer-first approach. With a wide network of banking and financial partners, the company ensures that customers get access to maximum loan values at competitive interest rates*. Their fast processing and doorstep service make the entire experience seamless and time-saving—perfect for today’s fast-paced real estate environment. Why Choose Dravyam? Doorstep Service: From documentation to disbursal, everything is handled at your convenience. Fast Processing: Quick turnaround times to ensure your financial goals are never delayed. Maximum Loan Value: Get the best possible loan amount based on your profile. Complete Loan Guidance: From comparing banks to finalizing terms, every step is guided. Bank Fee Transparency: No hidden charges—every detail is shared upfront. Personalized Support: Dedicated advisors who understand your financial needs. Wide Network: Tie-ups with multiple banks and NBFCs give you more options under one roof. Secure & Hassle-Free Financing: Every process is designed to be smooth, safe, and stress-free. Dravyam Fintech isn’t just a loan provider—it’s your financial companion in the journey of property acquisition and investment. With a professional team, robust digital infrastructure, and a passion for client success, the company continues to set benchmarks in financial services for the real estate sector.So, the next time you think of funding your real estate dream, think Dravyam—where trust meets technology and every loan leads you one step closer to your dream. Rahul Bhalchandra PatilDirector & CEO,Dravyam Fintech Pvt. Ltd.rahul.p@dravyamfintech.com

AI is Reshaping Real Estate New Age Growth Meets Practical Mentorship The real estate sector, historically rooted in conventional practices, is undergoing a remarkable transformation fueled by the rise of Artificial Intelligence (AI). From predictive analytics and intelligent customer insights to virtual property tours and AI-powered marketing automation, the adoption of cutting-edge technologies is not only streamlining operations but also unlocking new avenues for growth.This shift is especially timely, as the industry navigates a post-pandemic landscape driven by the rising demand for smart cities, affordable housing, and commercial development. According to the India Brand Equity Foundation (IBEF), India’s real estate market is expected to touch $1 trillion by 2030, contributing nearly 13% to the country’s GDP by 2025.With urbanization accelerating and digital-first customer behavior taking center stage, developers, agents, and investors must adapt quickly. AI tools are helping businesses reduce operational costs, make smarter decisions, and enhance customer experiences through hyper-personalized engagement and automation.However, the integration of AI and digital tools into real estate is only as effective as the people behind them. Recognizing this, SIILC (School of Inspirational Leadership & Life Coaching) has introduced a powerful solution to bridge the gap between knowledge and implementation for real estate professionals.Real Estate Masterclass Mentorship Program – 3-Month IntensiveSIILC’s 3-Month Mentorship Program is a game-changer for both aspiring and experienced real estate professionals. The program combines classroom learning, online training, and fieldwork—designed to deliver real-world outcomes. Participants are even supported with leads and guidance to close their first deal during the program.Valued at ₹1,00,000/month for 1-on-1 coaching, this group mentorship is now available at an exclusive fee of ₹50,000+ GST. Key Modules Include: Real Estate Masterclass (First Deal, Team Building, Brokerage Growth) CRM & Funnel Building, Lead Automation & Tech Tools YouTube, Google & Facebook Ads Marketing Commercial Real Estate Selling & Leasing Website & Landing Page Design (WordPress) Copywriting, Organic Leads, Affiliate Income & Sales Techniques Basics of Vastu, Redevelopment, Taxation & Land Revenue Additional Benefits: Lifetime access to all training recordings Two bonus eBooks Completion Certificate One year of RERA, taxation, & industry trend updates This program is more than a course—it’s a complete ecosystem of mentorship, tools, and support to build a scalable and successful career in real estate. As the industry evolves, the right blend of technology and training will define the next wave of real estate leaders. Pavan MaddeBusiness Development Manager, SIILC (SIMACES LEARNING LLP)9503655277bdm@siilc.edu.in

The New Capital Gains Tax Regime A Game-Changer or Just Cosmetic? In a significant move to simplify India’s complex tax structure, the Union Budget 2024 introduced a new regime for taxing long-term capital gains. The change, while subtle on the surface, has the potential to shift how taxpayers—especially property sellers—approach their investment decisions. Capital gains taxation in India has long been marked by asset-specific rules and an often-confusing indexation mechanism. The new regime introduces a flat tax rate of 12.5% without indexation for long-term capital assets, specifically immovable property. However, it comes with caveats, deadlines, and a decision point for taxpayers: stick with the old system or opt for the new? What Has Changed? Under the previous regime, long-term capital gains (LTCG) from immovable property (i.e., land and buildings) were taxed at 20% with indexation. Indexation allowed the purchase price to be adjusted for inflation using the Cost Inflation Index (CII), often resulting in a lower taxable gain and, consequently, a lower tax liability. With the new regime, taxpayers are now offered an alternative: Pay 20% tax with indexation (as before), or Opt for a 12.5% flat tax without indexation, But this choice is not available to all. Who Can Exercise This Option? This dual-taxation choice is restricted to a specific window. It is available only for immovable property acquired on or before July 22, 2024, and sold on or after July 23, 2024. The property must be held for at least two years to qualify as a long-term capital asset. For properties purchased on or after July 23, 2024, only the 12.5% flat tax applies. The option of indexation will no longer be available. Who Cannot Avail This? Contrary to some confusion in the market, this new optional regime doesn’t apply to: Listed Shares and mutual funds Gold and gold ETFs Bonds and debentures Market-linked debentures (MLDs) From July 23, 2024, all these financial instruments will attract a flat 12.5% LTCG tax without indexation, with no option to choose the older 20% rate. Who Should Choose What? The decision to opt for the old or new regime should be based on careful tax impact analysis. Choose the 12.5% flat tax if: The property was purchased recently, and indexation doesn’t significantly increase the cost base. You prefer simplified tax calculation and want to avoid litigation or disputes over indexation. Stick with 20% with indexation if: The property was acquired many years ago. Indexation substantially reduces your capital gains, resulting in a lower effective tax rate than 12.5%. For instance, someone who bought a flat in 2005 for ₹20 lakh and is selling it in 2025 for ₹80 lakh may find that indexed cost increases to ₹55–60 lakh. This means only ₹20–25 lakh of gains would be taxed, making the 20% route more beneficial. Strategic Implications This change is a double-edged sword. On one hand, it reduces complexity and offers a potentially lower rate for recent buyers. On the other, it removes the tax efficiency that long-term investors historically enjoyed through indexation. It also signals the government’s intent to move towards simplified, uniform tax treatment across asset classes, possibly paving the way for a broader overhaul of capital gains taxation in future budgets. For property owners looking to sell, this new option can be advantageous—but only if exercised wisely. Calculating your tax liability under both methods (where applicable) is now more important than ever. If you’re unsure which path is more tax-efficient, consult with a tax advisor or financial planner. With the right decision, this new regime could lead to significant savings—making the most of a policy designed with that very goal in mind.   CA Amit Gholkar Director, Maxalpha Advisors Pvt. Ltd. +91 9822190663 amit@maxalpha.co.in