Realty Blogs

As we stare down the barrel of a new year, we have the annual opportunity to look back at the world and try to make sense of the year that has just passed. Today, I want to speak about the world of Indian and global entrepreneurs and their investment habits. As data shows, these habits have everything to do with real estate! HSBC recently released their HSBC Global Entrepreneurial Wealth Report 2024. They focused on multiple aspects of business in this, but most importantly they performed in-depth analyses of how entrepreneurs from all corners of the earth invest their money. This report, which surveyed business owners or entrepreneurs – from across the world, mind you -allocate their wealth to investment, and real estate forms a significant part ofit! That is to say, they use real estate to generate a stream of income – mostly through renting or leasing out their properties. This data shows that throughout our world, entrepreneurs invest in real estate! That same HSBC report goes on to state that Indian entrepreneurs have some of the highest rates of investment in real estate. 61% of Indian businessowners and entrepreneurs, for instance, own real estate for investment purposes. To those of us that are watching the Indian real estate sector, this should not come as a surprise. 2024 has been a year of meteoric growth for Indian real estate; private investment alone grew by 20% this year. Between 2023 and 2024, Indian real estate developers are estimated to have built nearly 5 million homes. In 9 Indian metropolises, over 90 million square feet of office space was leased. In the coming year, that space could increase by at least 15 million square feet. Just like India’s GDP, our businessowners aim to grow and make money. Therefore, I contend that the study of entrepreneurs is vital to understanding our modern economy. So, if we were to listen to Indian entrepreneurs, what are they saying? They are saying that there is a reason that they are optimistic about investing in real estate. India is going to grow – its cities will sprawl out horizontally as they climb ever higher. The question is, will you be a wise investor or will you be left behind? Investing wisely and carefully in real estate is a great way to get Real Rich and, in today’s ‘age of the entrepreneur’, real estate has been proven to be the world’s preferred avenue of investment! Final Thoughts for the Wise Investor The Indian real estate market in 2025 is, barring any unforeseen pitfalls, inevitably going to be a growth market. Investing in this market, whether it is a long-term investment or a quick-flip, is bound to be a wise choice. If you are a wise investor and you are investing safely, 2025 is sure to yield immense returns! Dr. Atul Goel MD, Goel Ganga Group

Living in the city often means learning to make the most of limited space. At times, this scarcity can be overwhelming, as if the walls are closing in. But with thoughtful thinking & creativity, even the smallest spaces can become havens of comfort & joy. In the busting cities like Pune, where lifestyles are fast-paced & homes compact, space planning has become more than a design trend-it is a necessity. For dual-income households juggling busy schedules, a well planned space is more than functional, it is a sanctuary. Designers today face the challenge of transforming confined areas into reflections of personal style while maximizing every square inch. Working with a designer is like uncovering hidden potential within your space. Every corner, every ray of light is optimized to create an environment that not only works for you but feels like home. Small spaces can transform into cozy nooks, vibrant offices or warm, welcoming homes. The key lies in decluttering & simplifying- letting go of the unnecessary to make room for what truly matters. There is something freeing everything has it’s place, and every detail exudes calm & balance. We, at Vineeta Kuray Design Studio, focus on the philosophy of seamless flow where spaces blend effortlessly, creating an illusion of openness & luxury. Soft soothing hues, uniform tones & carefully chosen furnishings breathe life into rooms, making them feel light and airy. Materials like veneers and laminates reduce visual clutter, mirrors & glass introduce depth, amplifying natural light & creating a Sense of expansiveness. Strategic pop of colour, clean lines and open plan layouts not only enhance aesthetics but also foster a sense of connection. These design choices turn small city homes into tranquil retreats, where daily stresses melt away. With thoughtful planning, less truly become more- a celebration of simplicity, functionality and beauty. A well designed space does not just meet your needs, it nurtures your soul, proving that even smallest home can hold the biggest dreams!! VK DESIGN STUDIO Ar. Vineeta Kuray Founder & Director kurayv@yahoo.in +91 98225 35416    

Mumbai, 9th December 2024 India’s urbanization is at a turning point, marked by a surge in rural-to-urban migration. This drives the expansion of existing urban nodes, towards areas along their peripheries. 40% of India’s population, equivalent to 60 crore people, is expected to reside in urban areas by 2030. Anticipating the growing need for quality urban infrastructure, India is expected to invest over INR 143 lakh crores in infrastructure by 2030. Most of this expenditure is to be directed towards urban clusters, driving significant activity in infrastructure-led urban development. Projects under consideration include second airports, inter-city metro connectivity, aero-cities, highways (including quick transit freeways), high-speed rail corridors, IT + ITES zones, large datacenter concentration zones, among others. Key Existing & Upcoming Infrastructure projects Impacting Urbanization in India: Mumbai Trans-Harbour Link: (Operational since 2024) It is a groundbreaking infrastructure project, being the longest sea bridge in India. Aimed at enhancing connectivity between Mumbai and Navi Mumbai, it has reduced travel time from 2 hours to 30 mins. Further, it provides quick access to the Mumbai-Pune highway, the Mumbai-Nagpur Highway and the Mumbai Goa Highway. The MTHL has positively impacted areas like Uran, Talegaon, Panvel, and Kharghar, with land prices appreciating nearly 2.3X from INR 1200 to INR 2250 per sq.ft. (2020 to 2024) Bangalore Kempegowda International Airport: (Terminal 1 Operational since 2008, Terminal 2 – 2024) It is among the 3rd busiest airports in India, currently serving 3.7 crore passengers annually, operating over 300 flights daily and connecting over 100+ destinations worldwide. Operationalization of this airport has added a new dimension to the expansion of North Bangalore. Projects such as BIAL, STRR, Tech Parks, Aerotropolis etc. are designed to be integrated townships, with significant contribution towards the city’s future economy. These announcements have contributed to a nearly 2.5X land price appreciation, from INR 1800 to INR 4500 per sq.ft. in the period 2020 to 2024, most pronounced around the north Bangalore micro-markets like Devanahalli, Chikkaballapur, Hebbal and Yelahanka.  Navi Mumbai Airport & NAINA (Mumbai) (Under construction- Estimated completion by 2025)  The upcoming Navi Mumbai International Airport is going to be India’s first airport with multi-modal transport connectivity. The airport is a remedy for the rising air traffic and resulting congestion at the existing CMI Airport. This new airport will have the capacity to serve ~9 crore passengers annually and will boost growth around the 90,000 acres of surrounding land, via the NAINA (Navi Mumbai Airport Influence Notified Area). This, in turn, would drive the growth of real estate in the region, with land prices appreciating nearly 3.9 x in next 5 years from INR 4,200 to INR 16,200 per sq. ft. (2024-2030) in micro markets like Khopoli, Pen. This is backed by the expected sprouting of improved infrastructure, better connectivity, along with opportunities for new residential and commercial developments. These developments are expected to culminate in effectively establishing “Third Mumbai,” as a new urban hub in proximity to the airport. Jewar Airport (NCR) (Under construction- Estimated completion by 2025) The upcoming Jewar airport is the biggest catalyst for urbanization in Uttar Pradesh. Its strategic location along the newly built Yamuna Expressway, connecting the urban centers of Delhi, Noida and Agra serves as a distinct advantage. Government initiatives like YEIDA, International Film City and Metro Line Expansion have provided further impetus to the growth of Jewar as a township. These initiatives have contributed to a land price appreciation of nearly 1.4X in the last 5 years from INR 5,000 to INR 7,000 per sq. ft. (2020-2024). Chennai Peripheral Ring Road (Under construction- Estimated completion by 2025) This is a 132- km long highway under construction around Chennai. Once completed, it is expected to drive the growth of satellite towns like Sriperumbudur, Singaperumalkoil, and others. This would help to ease the congestion in and around the city. These areas have witnessed a land price appreciation of nearly 1.5X in the last 5 years, from INR 2500 to INR 3800 per sq.ft. (2020-2024). We expect the neighbourhoods to continue flourishing in the coming years, backed by upcoming projects like Fintech City and the proposed Chennai Greenfield Airport at Parandur. Thus, it is the right time for investors to invest in a location which is expanding rapidly and experiencing high land price appreciation, driven by existing & upcoming infrastructure initiatives. Investors can enjoy high returns and explore various rental yield options including second homes, holiday homes etc. and expand their real estate portfolio by investing in one of the top growth markets in India, “says Swapnil Anil, Managing Director, Advisory Services, Colliers India. Top 8 upcoming micro markets for the next 5 years, based on the infrastructure & mega project announcements across India Colliers conducted detailed assessment across Top 8 micro markets upon key parameters which impacts real estate growth such as: Intersection of multiple new infrastructure initiatives within the same area Access to social infrastructure, such as schools, hospitals, universities, etc. Along with the creation of multi-modal social infrastructure. Availability of land at affordable rates Proximity to key urban nodes Land Price Analysis Across Top 8 Growing micro markets of India Khopoli, being only 45 mins from Navi Mumbai, ranks as the most attractive as Navi Mumbai International Airport will be operational by April-June 2025. The area is expected to witness a land price appreciation of nearly 3.9X from INR 4,200 to 16,200 per sq.ft. in next 5 years. This is followed by Sanad in Gujarat and Sonipat in Haryana would witness a growth of nearly 3.0-3.3x respectively from 2024-2030. Source: Colliers Investment Outlook Infrastructure Initiatives: The growth of the MMR region is driven by various infrastructure projects, including the Mumbai Trans-Harbor Link (MTHL), Navi Mumbai Airport Influence Notified Area (NAINA), Virar-Alibaug Multimodal Corridor, Mumbai-Pune Missing Link Project, and the JNPT extension. Easy Accessibility: Khopoli’s strategic location, offering easy access to the Mumbai-Pune Expressway, Central Railway, the upcoming Navi Mumbai International Airport, and JNPT Port makes it a preferred destination for investors. Proximity to Urban Centers: Khopoli, an emerging area in Maharashtra, is

Real Estate Law Solutions for Buyers and Sellers Pune, a thriving Real Estate Hub is driven by its IT Industry, Manufacturing Sector and Educational Institutions. It has always attracted numerous Developers and Investors. However, the lack of transparency, regulatory issues and changing policies have led to a surge in Legal disputes. Way Forward Transparency and Compliance: Developers must prioritize transparency, ensuring RERA compliance and obtaining necessary approvals. Effective Dispute Resolution: Establishing efficient dispute resolution mechanisms can help resolve issues quickly. Government Support: The government should streamline regulatory processes, provide clarity on policies, and support developers in resolving disputes. Role of an Advocate in Purchasing Property An advocate can play a crucial role in ensuring a smooth and secure property purchase experience. Here’s how: Pre-Purchase Title Verification: An advocate can verify the property’s title, ensuring it’s free from encumbrances and disputes. Document Review: Review sale deeds, agreements, and other documents to ensure compliance with laws and regulations. Searches: Conduct searches with regulatory authorities to confirm ownership and detect potential issues. During Purchase Drafting and Negotiation: Assist in drafting and negotiating the sale agreement, ensuring buyer’s interests are protected. Due Diligence: Conduct thorough due diligence on the property, including checking for outstanding dues, taxes, and litigations. Regulatory Compliance: Ensure compliance with RERA, Maharashtra Stamp Act, and other relevant laws. Post – Purchase Registration: Assist with property registration, obtaining necessary certificates, and mutation of revenue records. Possession: Ensure smooth handover of possession, resolving any disputes or issues. Dispute Resolution: Represent buyers in case of disputes or litigation arising post-purchase. Benefits of Hiring an Advocate Expertise: Advocates possess in-depth knowledge of property laws and regulations. Objectivity: Advocates provide unbiased guidance, protecting buyers’ interests. Time-Saving: Advocates handle paperwork, searches and negotiations, saving buyers time and effort. Risk Mitigation: Advocates identify potential risks, minimizing chances of disputes or financial losses. What to Look for in a Property Advocate Experience: Look for Advocates with expertise in Property Law and experience in Pune’s Real Estate Market. Reputation: Research the Advocate’s reputation, checking for client testimonials and reviews. Communication: Ensure the advocate communicates effectively, keeping you informed throughout the process. Conclusion Pune’s Real Estate Sector obviously faces legal challenges that require immediate attention. Developers, Regulators and the Government must work together to address these issues, ensure transparency and protect consumer interests. By doing so, Pune would remain in the top position as a preferred Real Estate destination for End Users as well as Investors. By hiring an experienced advocate, buyers can navigate Pune’s complex Real Estate Market with confidence, ensuring a secure and successful Property purchase.   Adv. Vikram Leela Ashok Jambhale ( BSL LLM,DCL, DIPR )  advvikramjambhale21@gmail.com 8806000021

Vastu Shastra Can Shape the Bright Future of Real Estate and Save Costs Introduction Vastu Shastra, an ancient Indian science of architecture, is gaining traction in modern real estate due to its potential to improve occupant well-being and increase property value. By aligning structures with natural forces, Vastu offers a holistic approach to creating harmonious living spaces. This not only promises a brighter future for real estate but also offers cost-saving benefits during project development. Understanding Vastu Shastra Vastu Shastra is founded on the belief that the layout and design of spaces influence the well-being and prosperity of occupants. By harmonizing elements like earth, water, fire, air, and space, Vastu creates environments that promote health, happiness, and success. Impact on Real Estate Enhanced Property Value One of the primary reasons developers embrace Vastu Shastra is its potential to increase property value. Homes and commercial spaces designed according to Vastu principles often command higher prices due to their perceived benefits. Buyers are attracted to spaces that offer a sense of balance and positive energy, making Vastu-compliant properties highly appealing. Increased Demand and Marketability As awareness of Vastu grows, demand for Vastu-compliant properties is increasing. This trend is particularly strong in culturally influenced markets. Developers who integrate Vastu into their designs cater to this demand, setting their projects apart from competitors. This differentiation leads to quicker sales and higher occupancy rates. Positive Impact on Occupants Vastu-designed spaces foster well-being. Residential properties provide improved quality of life, enhanced relationships, and increased prosperity. In commercial spaces, Vastu boosts productivity, employee satisfaction, and business success. Satisfied occupants are more likely to become long-term tenants or buyers, offering benefits to property owners. Cost-Saving Benefits Efficient Use of Space Vastu emphasizes optimal space use, leading to efficient layouts that reduce construction costs. Strategically placing rooms for better natural light and ventilation reduces reliance on artificial lighting and cooling, saving operational costs. Reduced Renovation Needs By incorporating Vastu principles from the start, developers minimize the risk of expensive renovations later. A Vastu-compliant design reduces the likelihood of issues that require modifications, saving both time and money. Optimized Resource Allocation Vastu encourages using sustainable, durable materials that reduce environmental impact. This not only enhances a project’s longevity but also lowers long-term maintenance costs, creating financial savings. Conclusion: Vastu Shastra offers a powerful approach to real estate, enhancing property value, marketability, and occupant well-being while delivering cost-saving advantages for developers. By integrating this ancient wisdom, the real estate industry can achieve a brighter and more prosperous future. Acharya Mahesh Joshi Premium Vastu Consultant, Pune www.vasturang.com +91-9552608856