Real Estate Magazine

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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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RESHMA HEIGHTS

    Project Highlight -:RESHMA HEIGHTS Small Intro of project – Harmonious lifestyle in the heart of Kothrud Imagine living with everyday experience that explores suburban laid-back streets ornamented with natural green enclosures, has convenient and access to daily essentials and pinpoints towards a peaceful, happy lifestyle with a harmonious urban connect! our competent team of specialized and skillful artisans persistently strives towards nurturing your homes with superior design standards and a systematic approach to quality and innovation. with 2&3 BHK homes that offer a great essence of modern trends, expertly crafted interiors, and present best-in-class amenities at your disposal, ‘Reshma Heights’ brings you homes to cherishing memories! Nestled in the quaint locales of Kothrud, Dahnaukar colony provides effortless connectivity to bustling & prime city areas FC road, Deccan, Warje, and the connecting highways!                                            Configuration – 2&3 BHK PREMIUM HOMES Price Bracket – starting from 1.45cr Specification:  Walls: Internal walls of AA.C, Blocks having Gypsum Finish, Structure : RCC design conforming to the I.S Code, Earthquake Resistant Flooring : Light coloured Flooring of vitrified tiles. Anti-Skid (Matt finish) flooring in the toilets and balconies.   Doors & Windows: Decorative, wooden door frame for main door. Rest all laminated doors with engineering frame for full jambs, UPVC windows with 3 tracks including Mosquito Net. M.S. Safety grills for Windows   Railings & Sill : M.S, railings to attached terraces. Granite window sills shall be provided.   Kitchen : Granite kitchen platform with SS sink. Electrical points for water filter and exhaust fan, Piped Gas provision to be made.   Washrooms : Bathroom fittings, Plumbing fittings and sanitary ware in Toilets/Bathrooms of Branded Company (Jaquar OR equivalent) Concealed piping of CPVC Material. Electrical provision for exhaust fan and geyser in toilets.   Electrical : Concealed electrical wiring ( Polycab Company or equivalent ) through conduit with switch boards of branded company (Legrand or equivalent) Inverter wiring for one light and fan point in each Bedroom, Wiring for the Air Conditioner in each bedroom. Two way switches for light and fan point in each bedroom. Provision of Cable & Telephone connection in master bedroom & living room shall be done, Branded make MCB & ELCB (Earth Leakage Circuit   Paint : Plastic paint/ Emulsion for internal walls.   Amenities Covered Car Parking. Decorative Entrance Lobby. Automatic Door Elevator of KONE/OTIS with Auto Rescue Device. 100% Generator Power Back Up to the lift, Common Lighting in parking, lobbies and passages. PMC compliant Fire Fighting System. UGWT (Underground Water Tank) of adequate capacity with branded Pump and a stand by Pump. Landscaped areas at ground level. Solar Water Boiler System on roof level. CCTV cameras to cover all parking areas.   Connectivity  bustling & prime city areas  FC road  Deccan,  Warje  And the connecting highways   Project Elevation: Already in folder QR Scan of the project : P52100051614

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HARMONIA CITY GARDEN PATTAYA

  TREASURES FOR YOUR LIFE Harmonia City Garden Condominium is the most exquisite European architectural designed properties located at the very heart of Pattaya  This Condo Development in Pattaya, Thailand is a perfect combination of luxury living, healthy lifestyle, personal wellness, and authentic connection to the unique natural settings of Pattaya City. Our magnificent development offers the very best quality of life, a stylish designed condo t . O gives you the feeling of happiness and fulfillment. The ground floor features large communal areas and recreational spaces, including an eye opening swimming pool that wraps around the whole complex, as well as beautiful gardens and more…  This superb low-rise condominium complex is decorated in a welcoming styles that will give you an island vibe to immerse yourself in a sense of harmonious balance. Harmonia consist of Buildings with 8 Floors, each is surrounded by pools fountains, walk-ways and gardens. Underground parking provides easy access to all the buildings and facilities like restaurants, cafe, massage shops and rooftop bar with garden landscape. A true oasis of five – star leisure & healthy life style living complex with an island vibe inside one compound! Harmonia City Carden gives you the Happiness and Lifestyle You Deserve. Harmonia City Carden is situated in a Prime Central Location of Pattaya and is very close to all establishments that you and your family need in your everyday life with easy access to popular attractions in Pattaya.   ROOM TYPES & FACILITIES SWIMMING POOL JOGGING TRACK MULTIPLE ACCESS ROADS CONCIERGE CHILDRENS PLAY AREA MANNED SECURITY & CCTV CAMERAS STEAM ROOM THEME GARDEN RENTAL MANAGEMENT SAUNA ROOM MASSAGE SHOP ROOFTOP GARDEN & WATER FALL POOL YOGA ROOM CAFE’ FULLY ENCLOSED SECURED PARKING JACUZZI RESTAURANT FIBER OPTIC & WIFI INFRASTRUCTURE GYM   ONE LARGE BEDROOM TWO BEDROOMS Harmonia City Carden offers the best of quality and a stylish design that gives you the feeling of happiness and fulfilment whenever you enter your home. Harmonia City Carden – The healthy place for YOU to live in a calm, quiet and natural environment in the best location of Central Pattaya.   Celebrate luxury All Around with the 5 Star Facilities at our extravagant Project. 1ST FLOOR  “Harmonia” means harmony between people, the nature and happiness of life with the right company that you can trust. 2ND FLOOR  3RD – 8TH FLOOR   CASTRO BUILDING  DIAMOND BUILDING  APUS BUILDING BELLA BUILDING     

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The Strand Square

  The Strand Square  Discover a world class commercial space The Strand Square by SSPL Group that is shaping the future of Kharadi, Pune’s most vibrant suburb, a visionary destination designed for businesses with a progressive outlook and an unwavering drive for success. Nestled on the bank of the picturesque Mula-Mutha River, This Waterfront development offers an unparalleled work experience amidst a stunning natural landscape. Whether you’re a budding entrepreneur, a growing startup, or an established corporation, The Strand Square provides the ideal location to unlock your true potential.   Configuration  Carpet Area : 641, 1446, 1514 sq.ft.  Floor Plate : approx. 9000 sq.ft.   Price Bracket  Rs. 1.51 Cr. to Rs. 18 Cr.   Project Features & USP’s Grade A Commercial Spaces  Naturally-Lit environment  Environmentally aware – IGBC pre-certified  Iconic building with the futuristic elevation  13 ft. floor to ceiling clear height of office spaces 2 level of basement parking  Four high speed elevators  EV charging point for each unit  100% Power backup External Glass façade  Situated on 24 Meter wide road  Lucrative Investment with higher ROI  Close proximity to WTC, EON Freezone, Magarpatta, Viman Nagar, Yerwada   Amenities  Double height air conditioned Entrance Foyer Business Lounge & Meeting room Aesthetically designed floor lobbies  Cafeteria and breakout areas  Indoor Games  Indoor Gym  100% Power backup Ample parking space Four high-speed elevators 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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Pune’s Real Estate Market: Current Trends and Future Predictions

  Pune’s real estate market is experiencing a dynamic shift, driven by a confluence of factors. Understanding these trends and implementing data-driven strategies is crucial for developers and channel partners to navigate this exciting landscape.   Current Market Trends: A Look at H1 2024 (Jan – June) Robust Demand: The first half of 2024 witnessed a significant surge in property registrations in Pune. Reports from sources indicate that in June 2024, there was a 46% increase compared to January 2023, indicating strong buyer interest. Affordability Reigns Supreme: While demand is healthy across segments, mid-range properties remain the most sought-after. Data suggests properties priced between ₹50 lakh and ₹1 crore captured the largest market share (32%) in January 2024, followed by those between ₹25 lakh and ₹50 lakh (31%). Growth Beyond Affordability: Experts predict a rise in the mid, premium, and high-end residential property segments for 2024. This indicates a diversified market catering to various buyer preferences.   Future Predictions Looking ahead, the Pune real estate market is expected to maintain its growth trajectory. The influx of new office and retail spaces will provide more options for businesses and consumers, although it may impact vacancy rates. Residential property prices are likely to remain stable with a slight upward trend due to sustained demand and limited supply.   Sellability: Navigating Pune’s Dynamic Real Estate Market Sellability, under the leadership of Mr. Abhishek Mishra, is uniquely positioned to help real estate developers and channel partners capitalize on these trends. With a proven track record of launching over 30+ projects across various categories, Sellability combines deep market insights, best-in-industry team strength, and a pedigree with cumulative experience of selling ₹8000+ Cr worth of inventory. They offer innovative solutions to deliver exceptional results. Notable achievements include several residential and commercial projects across Pune, selling total inventory worth ₹1600+ Cr in the last 2 years, and achieving a 40% sell-out during pre-launch while maintaining optimum velocity throughout various phases.   Sellability offers comprehensive end-to-end services, starting from land acquisition, JV/JD structuring, strategic consulting, and execution. Their services include but are not limited to market analysis, product planning, Go-To market strategy, sales and marketing integration & execution, while ensuring brand upliftment along with high velocity and volume performance. By leveraging technology, process modelling, and data analytics along with deep knowledge of the Pune real estate market, Sellability provides actionable insights that help developers and channel partners make informed decisions and maximize their returns.   As Pune’s real estate market continues to evolve, partnering with an expert advisory firm like Sellability ensures access to unmatched expertise and a track record of success. Their strategic approach and innovative solutions make them a valuable partner for real estate developers and channel partners looking to thrive in this dynamic market.   Mr. Abhishek Mishra Founder & CEO, Sellability Sales & Marketing Solutions LLP [email protected]

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Celebrating Eight Years of Excellence: PROP Day 2024

  The Professional Realtors of Pune (PROP) celebrated their 8th anniversary, known as PROP Day, on 5th July 2024. Powered by BrahmaCorp, this significant event brought together prominent figures and stakeholders from the real estate community in Pune, marking a milestone in the organization’s history. The event commenced with a warm welcome from Darshan Chawla, who introduced the NAR-India leadership team. Notable attendees included Chairman and Chief Guest Sumanth Reddy, Chairman Emeritus Ravi Varma, Organising Secretary Ashwin Rasane, and Director of the West Zone Mehul Vithlani. Additionally, Chawla welcomed leaders from CREDAI Pune Metro, including Arvind Jain, Aditya Jawadekar, Kapil Gandhi, Akhil Agarwal, and Dilip Mittal. The event also saw a gathering of developers, PROPians, realtors, and other key stakeholders. The PROP leadership team, represented by President Darshan Chawla, Chairman Kishen Milaney, Vice Presidents Abhijit Sabharwal and Ramesh Toshniwal, Secretary Kirti Bhosale, Treasurer Vikram Malik, Joint Secretary Mayank Tiwari, Director of Events Priti Chaddha, Director of Sports and CSR James Paul, and Director of Memberships Chandrakant Gaikwad, played a crucial role in the event. Senior member Rajat Sachdev served as the master of ceremonies. Sumanth Reddy shared his vision for enhancing education and training for realtors nationwide, emphasizing the need for better organization within the industry. He introduced the concept of a NAR-India portal designed to facilitate connections between buyers, sellers, and realtors, ensuring authentic leads and transactions. Ravi Varma highlighted the importance of client satisfaction, which he described as the key to sustained success in the real estate business. Dilip Mittal presented PMRDA’s future vision for Pune, while Akhil Agarwal discussed crucial aspects of MahaRERA regulations. Ramesh Toshniwal provided a comprehensive report on the sales and achievements of PROPians over the past year, showcasing the community’s impressive performance. His report highlighted the remarkable achievements of PROPians, leaving many attendees astonished. The event concluded with an engaging panel discussion on the “Role of Realtors,” moderated by Kishen Milaney. The panel included industry leaders such as Arvind Jain of Pride Group, Aditya Javdekar of VJ Group, Ravi Varma, and Sumanth Reddy. The discussion covered a range of topics, from market trends to ethical practices, offering attendees valuable insights and knowledge about the industry.   Key Takeaways from PROP Day 2024: Vision for Education: Emphasis on enhancing education and training for realtors. Client Satisfaction: Importance of client satisfaction for long-term success. Future Vision: Insights into PMRDA’s plans for Pune and MahaRERA regulations. Achievements: Recognition of the exceptional sales and achievements of PROPians. Expert Insights: Valuable knowledge shared during the panel discussion on market trends and ethical practices. PROP Day 2024 was a resounding success, highlighting the progress and potential of the real estate community in Pune.

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India’s Commercial Real Estate: Record Growth and Rising Rentals in Q1 CY’24

Abhishek Kiran Gupta CEO, CRE Matrix & IndexTap India’s Grade A office demand saw a 12% growth in Q1 CY’24 compared to the previous quarter and a 14% growth compared to the same quarter last year. Bengaluru, MMR, and Delhi-NCR contributed almost two-thirds of the office demand, with the top three cities experiencing a combined growth of 23% in Q1 CY’24 on a quarter-on-quarter basis. Pan-India office demand grew by 14%. In keeping with the tradition of low completions in the first quarter of the calendar year, office supply saw a sharp dip, with only 10.5 million square feet (msf) being infused in Q1 CY’24, which is almost 38% lower than the previous quarter and 5% lower compared to the same quarter last year. Bengaluru and Hyderabad together contributed almost 65% of the new supply in Q1 CY’24. As a result, pan-India vacancy dipped by 50 basis points. Rentals on a pan-India basis continued to rise, inching towards the ₹100-mark, with an 8.7% increase in Q1 CY’24 compared to the previous quarter. The difference between market and in-place rentals widened further to about 14%, indicating an overall strong landlord’s market. City-wise, Bengaluru, Pune, and Hyderabad saw an uptick in rentals in Q1 CY’24 compared to the previous quarter. The IT/ITeS sector, in its return-to-office mode, dominated the leasing demand share, contributing almost 28% to office demand. The BFSI sector’s share in leasing demand grew from 16% in Q1 CY’23 and 13% in Q4 CY’23 to 20% in Q1 CY’24. Fifty percent of the BFSI demand came from Mumbai and Chennai alone. On the IT/ITeS side, while Bengaluru contributed 35% to the sector’s demand, it was Noida, at 20%, that overtook Hyderabad in Q1 CY’24. The highlight of the quarter was large-sized deals dominating office demand. Fifty-six percent of the demand in Q1 CY’24 came from occupiers taking more than 1 lakh square feet, compared to 36% in Q4 CY’23 and 33% in Q1 CY’23. Bengaluru, Hyderabad, and Noida contributed 66% to the >1 lakh square feet deals. Based on our estimates and predictive models, taking into account the upcoming supply, we believe pan-India office demand will cross 70 msf in 2024, driven by strong economic fundamentals and significant investments into the country’s physical and digital infrastructure.

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