Real Estate Magazine

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NAREDCO Maharashtra to Drive Residential Sector Growth at ‘The Real Estate Forum 2024’

Mumbai, 21th August 2024: The National Real Estate Development Council (NAREDCO), Maharashtra Chapter, is set to host its flagship event, The Real Estate Forum (TREF) 2024 with JLL as their knowledge partner. The forum will take place on August 29, 2024, at Hotel Trident, Mumbai, with a key focus on India’s Residential Sector. Now in its third edition, this highly anticipated event promises to be even more impactful, aiming to shape the future of Maharashtra’s real estate industry. The forum will be graced by an impressive lineup of dignitaries, including the Chief Minister of Maharashtra, Shri Eknath Shinde; Deputy Chief Minister Shri Devendra Fadnavis; and Maharashtra Housing Minister Shri Atul Save. This year’s edition is expected to gather over 500 attendees from the real estate sector, providing a platform to explore the latest trends, innovations, and opportunities that the sector presents. Additionally, JLL will unveil a white paper during the event, offering key insights into the industry. Mr. Prashant Sharma, President of NAREDCO Maharashtra, expressed his enthusiasm for the upcoming forum, stating, “We are delighted to host The Real Estate Forum 2024, an event that will be pivotal in shaping the future of our industry. This year’s forum is designed to tackle the pressing challenges and opportunities offered in the real estate sector. It will be our endeavor to bring forward the changes needed in policy matters with the government that will ably support the industry.” Dr. Samantak Das, Chief Economist and Head of Research and REIS, India, JLL said, “As Mumbai continues to expand, the completion of key transit infrastructure projects and the upcoming Navi Mumbai Airport promise to drive significant growth in both residential and commercial sectors, propelling the city’s real estate market towards unprecedented levels of activity and value. Mumbai’s residential sales value is projected to surpass INR 1.35 lakh crore in 2024 and grow at a CAGR of ~6.8% to reach over INR 2 lakh crore by 2030. Developers have already acquired over 280 acres of land, translating to a development potential of approximately 42-48 million sq ft and a sales potential of approx. INR 70,000 crore.” The Real Estate Forum 2024 will feature an array of keynote speakers, panel discussions, and interactive workshops, addressing a broad spectrum of topics vital to the industry. Key discussion topics will include government policies that drive real estate, the diversity of the residential market, challenges and opportunities in redevelopment, trends in real estate financing, and necessary amendments to RERA 2.0, among others. Attendees will have the opportunity to engage in various breakout sessions and panel discussions, focusing on topics such as: MahaUrban Revolution@2047: Government Policies driving real estate Real Estate Spectrum: Insights into opportunities beyond residential Urban Tapestry: Diversity of India’s residential market Rebuilding Mumbai: Challenges and Opportunities in redevelopment Unlocking Capital: Trends in Real Estate Financing RERA 2.0: Amendments needed in the Act / Implementation The Indian real estate sector is currently witnessing significant transformations, driven by a series of government reforms and initiatives that have revitalized the housing market. Recent quarters have seen record home sales, with buyers increasingly recognizing the value of home ownership. Developers are advocating for further reforms to enhance transparency, streamline the home buying process, and reduce bureaucratic hurdles. The Real Estate Forum 2024 is set to be a landmark event, offering a comprehensive platform for industry leaders to deliberate on the future of the residential sector and beyond.

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Maharashtra: Developers Must Now Provide ‘Quality Assurance Certificate’ Annually Under New MahaRERA Rules

Mumbai, 20th August 2024: To ensure that homebuyers receive improved quality residences and do not have to chase the developer to get the defects repaired, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has made it mandatory for the developer to present a ‘Quality Assurance Certificate’ to MahaRERA at the end of every financial year and publish it on their respective websites. This certificate will be based on various factors that determine the quality of the project, including the project’s structural design, stability, various tests, the types of materials used, and the skill level of the workforce involved, fire safety and fire resistance measures, etc. For this purpose, MahaRERA has amended the MahaRERA General Regulations, 2017, and introduced the MahaRERA General (Amendment) Regulations, 2024. The latest amendment was published in the Government Gazette. This is applicable to all developers in Maharashtra with immediate effect. On submission of details by the project’s engineers and supervisors, the developer is expected to verify the details before making the ‘Quality Assurance Certificate’ public. This move is expected to increase developer’s accountability and ensure that homebuyers receive better-constructed homes. As per the provisions with regard to the defect liability period, a developer is obliged to rectify any deficiency in the residences for a period of five years from the date of possession. Every complaint has to be attended to within 30 days without any cost to the homebuyer. While this provision protects consumer interests, MahaRERA is of the firm view that a situation should ideally never arise. Therefore, to establish standardised procedures and construction quality, MahaRERA issued a consultation paper on the same in December. Based on the response received, a draft circular with detailed provisions was published on April 24 this year. Thereafter, the draft was open for suggestions and feedback until May 23. After reviewing the responses, various experts were consulted from the real estate and relevant sectors to finalise the framework for ‘Quality Assurance Certificate’, which is mandatory and binding on all developers. MahaRera New Format of Form 2A Henceforth, every developer will have to ensure quality control at each of the project’s stages, as this will improve a structure’s overall condition. While every developer claims that their project is best on all aspects, so far, a standard framework or parameters has been missing. Hereon, developers will be required to provide such assurance to their purchasers through MahaRERA on an annual basis. Some of the key aspects for certification includes – Was soil testing conducted prior to finalising structural design and stability of the ground where the project will be constructed? Was a structural engineer appointed for the project? Is a record maintained at the project site to allow periodic certification by the project’s engineer for quality control of works? Is there a testing facility available on-site to check raw material’s quality? In case of a multi-story building, is an earthquake-resistant system in place? Is there a requirement for flood prevention measures?, among others. Additionally, it must be ensured that the materials utilised such as concrete, cement, steel, iron, electrical cables, plumbing, fixtures, etc. conform to the standards as set by Bureau of Indian Standards/ Indian Standard/ National Building Code. Also the water to be utilised should be tested to ensure it is suitable for construction purposes. A record of these should be maintained at the project site. There should also be due diligence and records documented for critical works such as electrical, water supply, drainage, etc. carried out under the supervision of registered contractors and supervisors. The documents should also state that adequate safety measures were taken to prevent any leakages and dampness of the walls. In case if there is involvement of independent third parties towards project’s quality checks during and post construction phases, details of the same should also be documented and certified. After certifying all of these aspects by the project’s engineers and supervisors, the onus is on the developer to verify the information provided and give his stamp of approval to the ‘Quality Assurance Certificate’. This will significantly enhance the developer’s responsibility and the project’s construction quality. MahaRERA Chairman Ajoy Mehta said, “Today, the emphasis on quality is maintained across all sectors. The housing sector is no exception. Nevertheless, quality in this sector remains a topic of ongoing discussion and concern. MahaRERA’s effort is to raise the construction benchmark to make the provisions of the defect liability period become irrelevant. Since December, MahaRERA has been working to establish preliminary parameters to ensure that constructions are of better quality. A consultation paper was also issued in December. Considering the ambit and importance of the subject, a draft circular discussing all aspects of the matter was issued in April last week for opinions and suggestions. Now, the proposal has been given a final shape. In terms of construction quality, the ‘Quality Assurance Certificate’ is based on detailed criteria regarding important factors such as the overall construction process, structural concepts, stability, various tests, the materials used in the project, and the skill level of the workforce involved in the project. The developer has to self-certify and make it available on their website. Since the details will be publicly available and involve the builder’s credibility, they will adopt best construction practices. MahaRERA is of the view that this will enhance developers’ accountability and homebuyers will eventually benefit in getting better quality residences.”

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MahaRERA’s New Maha-CRITI Portal Set to Launch on August 31

Mumbai, 7th August 2024: The Maharashtra Real Estate Regulatory Authority’s (MahaRERA’s) Maha-Complaint and Regulatory Integrated Technology Implementation or Maha-CRITI is in final stages of going live. The revamped portal has several improved and useful features such as enhanced user experience, data analytics, personalised dashboards, etc. to meet the current and future requirements. There are various tasks carried out on MahaRERA’s website such as registration, renewal and rectification of projects, registration and renewal of agents and complaints from homebuyers. During the transition process, MahaRERA’s website will be down for promoters and agents from the midnight of 13th August to midnight of 31st August. The improved website will go live and be fully operational on 31st August’s midnight. While migrating to the new system, homebuyers will have to make applications manually between the midnight of 20th August to 31st August. Online hearings of complaints will continue uninterrupted. However, promoters and agents will have to ensure they do the due diligence by August 13, as the website will be in the midst of migration between the midnight (11.59 pm) of August 13 and the midnight (11.59 pm) of August 31. Only the completed applications submitted until August 13 will be processed by MahaRERA officials. These interruptions will be caused due to MahaRERA’s MahaCRITI website going live on August 31st midnight. The system will undergo various technical transitions while migrating from the old website to the new website. The new website will enhance the user interface with an integrated system and much more to meet the current and future requirements. MahaRERA urges all the stakeholders to cooperate during this transition period. The existing system is over 7 years old, necessitating a comprehensive overhaul to enhance user-friendliness for all the stakeholders, improve functionalities for all users and introduce data analytics as well as dashboards. These will ensure speed, efficiency and convenience. From August 31, all the regulatory and complaint management functionalities will be done on the next generation integrated enterprise-wide comprehensive IT solution. This system incorporates business intelligence and data analytics for all its regulatory and complaint management functions. The objective of MahaCRITI is to enhance the user experience, provide a truly integrated system with a single source of truth, ensuring that data captured at one point is consistently used across the platform. This solution provides personalised dashboards for all users such as homebuyers, promoters and agents, there also is system-driven reminders, notifications, compliance reports, quarterly progress reports, complaint management, etc. Additionally, the never before features of mobile application and AI driven chatbots for real-time assistance will also be introduced making MahaCRITI a comprehensive and effective platform for all the stakeholders. MahaRERA Chairman Ajoy Mehta said, “Any public sector organisation’s website should provide unambiguous and reliable information in the least amount of the time possible to those who get in touch with the organisation. The platform should be interactive ensuring these elements and this also is the need of the hour. As the interactions on MahaRERA’s website is increasing day-by-day, there is a requirement to enhance the portal’s functionalities. A few months ago, about 5,000 people visited MahaRERA’s website daily, which translates into just over 200 site visits every hour. This has increased manifolds to over 34,000 daily visitors and over 1,400 per hour visits. This number continues to be on the rise. Considering this increasing digital traffic, MahaRERA’s decided to update and make the website more technically sound as user-friendly to be able to meet the rise in demands. From this perspective, this new website has been designed after a series of meetings and tests in the last one year. The new website will immensely help all the stakeholders. The new system will make it easy for homebuyers to register complaints and access the necessary information about projects including project’s current status to decide if they should enter into the transaction or not. Additionally, the artificial intelligence backed chatbot and mobile application will only increase traffic on MahaRERA’s website. The new website will also have modules to make it convenient for developers and agents to interact with MahaRERA. Apart from increasing their efficiency, this new website will further help in increasing transparency and accountability in the real estate sector. The new website will be available to everyone from the midnight of August 31.”  

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87% Candidates Pass 5th Real Estate Agents Exam: MahaRERA

  Mumbai, 5th August 2024: The Maharashtra Real Estate Regulatory Authority (MahaRERA) has released the results for the 5th edition of its Real Estate Agents examination. Out of 4,769 candidates who took the test, 4,165 have passed, achieving a pass rate of 87%. In comparison, the pass percentages for previous examinations were 96% for the 1st edition, 93% for the 2nd, 89% for the 3rd, and 86% for the 4th. Among the successful candidates in the latest examination, there are 3,553 males and 612 females. Notably, 196 of the passed candidates are senior citizens, with 12 of these being women. Sharad Mota from Mumbai and Divyesh Maheshwari from Pune both achieved perfect scores, sharing the top rank in this examination. Since the inception of the exams, a total of 13,370 candidates have qualified as real estate agents across five editions. This includes the 4,165 from the latest exam, 405 from the first edition, 2,812 from the second, 4,461 from the third, and 1,527 from the fourth. As part of its ongoing efforts to professionalize the sector, MahaRERA has mandated training and certification for both new agents and those seeking renewals. As of January 10, 2023, MahaRERA’s order requires all agents to undergo this training. Currently, there are approximately 47,000 registered agents with MahaRERA. Of these, 13,785 had their registrations canceled due to non-renewal. Additionally, by the end of April, MahaRERA suspended the registrations of over 20,000 agents who did not meet the mandatory training and certification requirements by December 31. These agents are now barred from conducting transactions until they fulfill the necessary conditions. Real estate agents play a critical role in connecting homebuyers with developers, often serving as the initial point of contact and providing essential information about projects. Given their pivotal role, it is crucial for agents to be knowledgeable about the RERA Act and provide accurate, clear, and reliable information regarding developers, projects, sale agreements, allotment letters, carpet area, and defect liability periods. MahaRERA’s training and certification requirements are designed to ensure that agents are well-equipped to serve the interests of homebuyers effectively.  

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MahaVastu for Builders and Civil Contractors: Enhancing Sales and Profitability

  MahaVastu for Builders and Civil Contractors: Enhancing Sales and  Profitability  MahaVastu is an ancient Indian science of architecture and design that aligns  physical spaces with natural energies. For builders and civil contractors,  integrating MahaVastu principles can significantly impact property sales and  profitability. By optimizing the layout and energy flow of a property, builders  can create environments that are more appealing to potential buyers, leading  to faster sales and higher prices.  Enhancing Property Appeal and Sales  Optimized Layouts: MahaVastu provides guidelines for the optimal  placement of rooms, entrances, and other elements. This creates a  harmonious and balanced environment that feels inviting and  comfortable to potential buyers. For instance, positioning the entrance  in an auspicious direction can attract positive energy and good fortune,  making the property more attractive.  Positive Energy Flow: Ensuring a smooth flow of positive energy  throughout the property can enhance its appeal. MahaVastu techniques,  such as using specific colors, materials, and placements, can create a  sense of well-being and prosperity. This can make a significant difference  in the buyer’s perception and decision-making process.  Differentiation in the Market: Properties designed or modified  according to MahaVastu principles stand out in a crowded market. They  offer a unique selling proposition, appealing to buyers who value  traditional knowledge and holistic well-being. This unique aspect can  justify premium pricing and attract a niche market segment. Increasing Profitability  Reduced Costs: By following MahaVastu guidelines during the planning  and construction phases, builders can avoid common design mistakes  that lead to costly modifications later. This proactive approach reduces  wastage of resources and ensures efficient use of space.  Higher Property Value: Properties that incorporate MahaVastu  principles can command higher prices. The perceived added value of a  Vastu-compliant home can attract buyers willing to pay a premium,  thereby increasing overall profitability.  Quicker Sales: Well-designed, Vastu-compliant properties are likely to  sell faster, reducing the holding costs for builders and contractors. Faster  sales turnover translates to better cash flow and higher profitability.  Ensuring Timely Project Completion  Financial Stability: MahaVastu can help in creating environments that  attract financial stability and prosperity. By strategically placing  elements that symbolize wealth and growth, builders can ensure a  steady flow of funds, minimizing financial obstacles that could delay  projects.  Labor Harmony: Vastu principles can also foster a harmonious and  productive work environment. Proper placement of work areas and  amenities can enhance the well-being and motivation of laborers,  leading to fewer disputes and higher productivity.  Smooth Operations: By aligning the project with natural energies,  MahaVastu can help in mitigating unforeseen problems and delays. This  alignment ensures a smoother workflow and timely completion of  projects.  In summary, MahaVastu provides builders and civil contractors with a  comprehensive approach to design and construction that enhances property  appeal, increases profitability, and ensures timely project completion. By  integrating these ancient principles, the real estate industry can achieve  greater success and sustainability.    Acharya Mahesh Joshi, | www.vasturang.com | +91-9552608856 

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The Importance of Financial Planning and Real Estate in Personal Financial Life

“Strategic Integration: Real Estate and Financial Planning for Enhanced Stability” Financial planning is the cornerstone of achieving personal financial goals and ensuring long-term stability. Among the various avenues available, real estate emerges as a pivotal asset class that significantly bolsters financial security and growth. This article delves into the vital role of integrating financial planning and real estate into your personal financial strategy, drawing insights from NS Wealth, a distinguished SEBI Registered Investment Advisor. Effective financial planning involves crafting a comprehensive strategy to manage your financial resources. This includes goal setting, such as retirement savings or funding education, which provides a roadmap for financial decisions. Budgeting helps monitor income and expenses, ensuring you live within your means and allocate funds towards goals while identifying cost-saving opportunities. Risk management safeguards financial health through emergency funds and insurance. Investment planning diversifies assets like stocks, bonds, and real estate, optimizing returns and mitigating risks. Real estate, a unique asset class, diversified portfolios, lowers overall risk, and stabilizes during market volatility. Rental properties generate passive income, enhance financial security, and appreciate in high-growth areas, contributing to long-term wealth accumulation. Real estate investments also offer tax benefits, such as deductions for mortgage interest and property taxes, and act as an inflation hedge, preserving purchasing power as living costs rise. NS Wealth, a SEBI Registered Investment Advisor, demonstrates the advantages of integrating real estate into financial planning through several key practices. They begin by collaborating closely with clients to align real estate investments with specific financial objectives, whether focused on generating rental income, achieving capital appreciation, or maximizing tax benefits. Conducting a thorough financial assessment, NS Wealth evaluates client’s income, expenses, assets, and liabilities to guide informed real estate investment decisions. Partnering with Dream Work Realty, they provide comprehensive market analysis, offering insights into property types, locations, financing options, and legal considerations. NS Wealth advises on strategic investment selection, helping clients choose properties poised for appreciation and income growth based on location and current market trends. They ensure ongoing review and adjustment of real estate investments and overall financial strategies, adapting continuously to market conditions and changes in clients’ financial circumstances.   Case Study: Successful Integration For instance, NS Wealth advised Mr. Sachin, a young professional initially focused on stocks and mutual funds, to diversify his portfolio with a rental property in a burgeoning suburban area. Over five years, the property appreciated significantly, generating steady rental income that accelerated Mr. Sachin’s retirement savings.   Conclusion Financial planning and real estate play indispensable roles in achieving personal financial goals. While financial planning provides the framework for managing and growing wealth, real estate offers diversification, income generation, and long-term appreciation. With NS Wealth’s expertise, integrating real estate into your financial strategy can enhance financial security and pave the way for achieving your life’s aspirations, ensuring a prosperous and secure financial future. Nitin Sawant Director & CEO, NS Wealth Solution Pvt Ltd [email protected]  

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Tips for Women Home Buyers: Navigating Real Estate with Confidence

  Tips for Women Home Buyers: Navigating Real Estate with Confidence Women are becoming a powerful force in the real estate market, making significant strides in homeownership. Whether you’re a first-time buyer or investing in a second property, understanding the real estate landscape is crucial. Here are some essential tips to empower women in their home-buying journey.   Understand Your Financial Position Before diving into the home-buying process, it’s essential to understand your financial situation. This includes knowing your credit score, understanding your debt-to-income ratio, and having a firm grasp on your savings. A good credit score can significantly affect the mortgage interest rates you’re offered, so consider taking steps to improve it if necessary.   Get Pre-Approved for a Mortgage Securing a pre-approval for a mortgage gives you a clear picture of what you can afford and positions you as a serious buyer. This can be particularly advantageous in a competitive market. Work with a lender who understands your financial goals and can offer the best terms for your situation.   Choose the Right Real Estate Agent A knowledgeable and trustworthy real estate agent can be your greatest ally. Look for someone with experience in the local market and high recommendations. A good agent will listen to your needs, provide valuable insights, and guide you through the entire process, from house hunting to closing the deal.   Research Neighborhoods Thoroughly Location is one of the most critical factors in real estate. Take the time to research different neighborhoods, considering factors such as safety, school quality, commute times, and community amenities. Visit neighborhoods at different times of the day to get a true feel for the area.   Make a List of Must-Haves and Nice-to-Haves Before you start viewing properties, make a list of your non-negotiables (must-haves) and nice-to-haves. This can help streamline your search and prevent you from feeling overwhelmed. Be realistic about your needs and be prepared to compromise on some of the nice-to-haves if necessary.   Consider Future Needs Think about your long-term plans when buying a home. Are you planning to start a family? Do you need a home office? Consider properties that can adapt to your changing needs over time. A home that meets both your current and future needs is a wise investment.   Don’t Skip the Home Inspection A thorough home inspection is non-negotiable. It can reveal potential issues that could turn into costly repairs down the line. Hire a reputable inspector and be present during the inspection to ask questions and gain a better understanding of the property’s condition.   Be Aware of Hidden Costs The purchase price of a home is just the beginning. Be prepared for additional costs such as closing fees, property taxes, insurance, and maintenance. Factor these into your budget to ensure you can comfortably afford your new home.   Stay Informed About Market Trends Real estate markets can fluctuate, and being informed about current trends can give you a competitive edge. Keep an eye on market reports, interest rates, and economic forecasts. This knowledge can help you make strategic decisions about when to buy and how much to offer.   Trust Your Instincts While it’s essential to rely on data and professional advice, don’t underestimate the power of your instincts. If a deal feels off or a property doesn’t feel right, it’s okay to walk away. Trusting your gut can sometimes save you from making a costly mistake.   Network with Other Women Home Buyers Connecting with other women who have gone through the home-buying process can provide valuable insights and support. Join local real estate groups or online forums to share experiences, ask questions, and gain confidence from the collective wisdom of the community.   Conclusion Buying a home is a significant milestone, and with the right knowledge and preparation, women can navigate the real estate market with confidence and success. By understanding your finances, working with trusted professionals, and staying informed, you can make empowered decisions and find the home that perfectly suits your needs and lifestyle. Deepashree Pawar Real Estate Advisor

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Low Budget Interior Selections

  Interior Tips Low Budget Interior Selections Designing a stylish interior space in India requires creativity and resourcefulness, especially when you have a lesser budget. It requires a thoughtful approach that prioritizes space utilization, lighting, accessibility and a harmonious blend of form and function. Here are some practical tips to help you make the most of your drawing room’s potential :-   Well-Defined Zones Define specific zones within the room for different activities like seating, dining or a workspace to create an organized and efficient layout.  Allow easy access to Open Areas such as balconies or courtyards.  Arrange furniture to have clear & unobstructed flow of movement.  Make use of accessible & hidden storage options to make sure that everything is in place & it looks organised. Draw attention upwards by having Tall bookshelves & vertical patterns on walls   Efficient Furniture Selection :- Consider modular options that can be customized to your space and utilize furniture with space-saving shapes like round or oval tables to enhance movement and flow within the room. Consider foldable or convertible furniture pieces like folding chairs and tables that can be stored away when not in use. To free up floor space, use wall-mounted shelves and cabinets.    Reflective Surfaces : Incorporate materials with reflective surfaces, such as glass and mirrors to bounce light and create a brighter, more open atmosphere. Mirrors reflect light and make the room appear larger & add a touch of sophistication.   Wall Paint and Decals : Choose light and neutral wall colours that make the room feel more spacious & they also reflect more natural light. You can also add affordable wall decals or stencils for a touch of design.   Indigenous Decor and Lighting : Incorporate traditional Indian decor elements like handmade rugs & pottery. These items are often affordable and add an ethnic charm. Create your own artwork or prints. Framed family photos, paintings or even a simple DIY Art Project can personalize your space. Indoor plants are an inexpensive way to bring life and colour into your drawing room, they also purify the air and add a touch of nature. Position lighting fixtures thoughtfully to create focal points and highlight specific areas of the room. This not only adds functionality but also contributes to the room’s aesthetics. Look for budget-friendly lighting options like paper lanterns, fairy lights or DIY lampshades. Simple, elegant curtains can make a big difference. Look for affordable options in solid colours or subtle patterns that complement your room’s colour scheme.   Author :- Megha Pudkey  

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Urban Property

  Project Highlight – Format for content: 1. Small Intro of project – (50 words)  Presenting Urban Suryoday at the prime location of Apte Road & J M Road the link to live a connected living. Home with a great location to have all that you and your family needs in a good proximity. Live with a quality life with quality constructed homes. With over decades of experience in building residential projects Urban Realty is known for its commitment for quality construction that will last for generations to come. With bringing new ideas and a mix of sustainable living practices we are committed to make your living more convenient and caring for the environment at the same time. So, let’s make better homes and the world a better place to live. 2. Configuration – 4 BHK – 2017 Sq. Ft – One Floor One Flat  3. Price Bracket –  5.02 Cr onwards Inclusive All  4. Specification: (50 words) 5. Discover refined specifications: Brick bat Coba waterproofing, and premium flooring. The kitchen features dual countertops and provisions water purifiers, while windows offer UPVC sliding with safety grills. Electrical and plumbing work include advanced wiring and high-quality fixtures. Compliance with regulations ensures robust drainage and painting uses top-tier materials. Amenities: (50 words) )  Marble-finished lobby  )  Wheelchair-accessible drop-off points  )  Advanced elevators   )  Automated water storage  ) Battery backup  ) Solar and Rainwater systems  ) CCTV surveillance and enhanced security system with Face recognition    6. Connectivity: (Top 5) ) Modern High School            ) Fergusson College  ) Deenanath Mangeshkar Hospital  ) Joshi Hospital  ) Sambhaji Park & Kamala Nehru Park 7. Project Elevation – (High Resolution)   QR Scan of project location –  Please be assured of great service from our end.   Best regards

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The Strand Abodes 

  Discover the realm of unparalleled luxury nestled beside the serene Mula Mutha River in Kharadi, The Strand Abodes by SSPL Group. This momentous development embodies the epitome of modern living, designed to elevate your lifestyle to new heights, with an array of features that set it apart from other options in the area.   Configuration 3 Bed 1336 & 1400 Sq. ft.  4 Bed 1567 Sq. ft.  4.5 Bed Duplex 2456 to 2909 Sq. ft.   Price Bracket 3 Bed – Rs. 1.90 Cr. Onwards  4 Bed – Rs. 2.19 Cr. Onwards  4.5 Bed Duplex – Rs. 3.47 Cr. Onwards.   Project Features & USP Low density with 136 limited edition homes Spacious layouts & floor lobbies 4 apartments per floor  10.2 ft. clear floor to ceiling height Apartments with 2 balconies and Duplexes with 3 balconies Master Beds with Walk-in Wardrobe Wall to wall windows of 7 ft. height   Riverview & City skyline view Each apartment has two covered car parking Array of Lifestyle Amenities  Excellent Connectivity    Amenities  Riverview Club nestled on 21st floor height: Temperature controlled Infinity Edge Pool & pool side deck  Jacuzzi Seating & Steam room Fully equipped gymnasium  Party lawn with buffet counter  Zumba & Dance room Business lounge area  Toddler’s play area & Pathway   Ground Level Amenities  Multipurpose court  Cafeteria  Children’s play area  Club House with Multipurpose Hall & Day Care Centre  Party Lawn with buffet area   Pet Park  Herbal Plantation  Jogging / Walking track   Connectivity World Trade Centre – 4 min  Eon IT Park – 4 min Manipal Hospital – 4 min Phoenix Mall – 15 min  Magarpatta City – 12 min  Pune International Airport – 20 min  Pune Railway Station – 25 min   

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