Skillful Command Of The Hammer Over The Chisel

It is aptly said that “life is architecture & architecture is the mirror of life.” depicting the nomadic life are the Ajanta Caves.

Magnanimous & beautiful, the Ajanta Caves in Maharashtra are breathtaking & illustrate the history in a visually enticing manner. Located merely 55 kms from Jalgaon city & 105 kms from Aurangabad these are prominently known as the world’s greatest historical monuments. Discovered in AD 1819 these caves are dated back to the 2^nd Century BC. These 30 rock-cut cave monuments boast of never seen before architecture. Out of the 30 caves in Ajanta 9, 10, 19, 26 and 29 are Chaitya-Grihas (in modern texts on Indian architecture, the term chaitya-griha is often used to denote an assembly or prayer hall that houses a stupa)and the rest are monasteries. Depicting the Jakarta tales these caves include paintings and sculptures that are considered to be masterpieces of Buddhist religious art. All the rock-cut caves have paintings on the verandahs, inner walls and ceilings, revealing some of the most beautiful masterpieces of world art.

There are also symbolic Buddhist mounds called Stupas, and cells for monks called Viharas. There are giant sculptures of Buddha's, Bodhisattvas (potential Buddha's), or Taras (female Buddhist divinities), as also Dwarapalas (doorkeepers).

All the paintings show heavy religious influence and are centric to the live of Buddha, Bodhisattvas, and Jatakas. The paintings are executed on a ground of mud-plaster in the tempera technique.

Factors To Be Considered Before Taking A Home Loan.

“Roti! Kapda aur Makaan” , have always been the pillars of our survival. All the hustle and bustle, the painstaking routine and the work hard attitude is done to earn the best of the above. Apart from the lucky lads majority of us need to work in lieu to conquer the Makaan pillar. With not many options & luring asset in hand one opts for home loan to get his “Sapno ka ghar.” With so many banks & financial institutions in the market today it is natural to get stuck in a dilemma to make the best of decision.

One minute just stop & think, what is the purpose of buying the property, investment or residing? If you are clear on this then do check the credibility of the property, its location, builder’s history because one loophole would take you no where.

After gathering all the information, first & foremost check your CIBIL score. Good CIBIL score is considered 750 & above. If your score is 750 and above the chances of getting loan approved quickly are higher.  (Score check -  https://www.cibil.com/online/credit-score-check.do at just Rs.470.

Then go through the RBI guidelines. These guidelines will give you a clear insight, as how much loan you can get. If your requirement is for Rs.20 lacs you stand a chance of getting loan approved for about 90% & if your requirement if for more than Rs.20 lacs, the percentage boils down to 85%.

With the RBI guidelines in mind you can then look up at banks of your preference. While checking out the EMI percentage, specially check the processing fees formulated by them. The EMI plays a pivotal role while selecting a bank but we often are mislead as we don’t consider the tenure applied for. If you are aiming at investment as a home loan the tenure could be maximized keeping the EMI to the minimal.

 Banks put across luring advertisements and offers but there are many conditions under the quilt. Do consider the hidden factors too.

Lastly, it is misinterpreted that financial institutions aren’t a good choice while opting for loans but when put against banks & their offers today, the financial institutions are no less & if vouched for, they stand at a better place, with great leverages.

Before taking a home loan consider the above factors because it’s all about your dream home and that hard earned money!

Real Estate Development in PCMC

There’s something about Pimpri Chinchwad that is quite different from what goes around in the rest of the city and its property market. PCMC is one of the prime examples of how a planned satellite town can surpass the emergence and growth of its parent city, Pune in a very short period of time.

The influx of industries in PCMC has created tremendous employment opportunities for the masses. As a result of this, the quality of infrastructure in PCMC has improved exponentially. This indirectly results in residential real estate demand.

Some of the most important features of PCMC are as mentioned below:

1. Pimpri Chinchwad offers ample connectivity to Pune via road and rail
2. Presence of a large MIDC area generates countless job opportunities every year for the masses
3. Quality of infrastructure in PCMC is far more superior than what the parent city offers
4. The planning authorities for PCMC’s real estate development have ensured that the development process strictly follows a planned model, making sure that a high degree of living standards in maintained

The futuristic thinking that went into this unconventional satellite city has helped Pimpri Chinchwad to establish itself as an acknowledged masterpiece of real estate development. Apart from the residential and commercial property development, authorities in PCMC have taken care of the fact that the city’s natural, cultural, social and economic resources are preserved.

For a home buyer, PCMC seems like the perfect getaway from the unregulated urban sprawl in Pune and adjoining Navi Mumbai. This has also resulted in real estate appreciation in Pimpri Chinchwad since the potential of new properties being developed in PCMC is more than anywhere else in the adjoining areas. Education, healthcare, shopping and entertainment complexes have raised Pimpri Chinchwad’s value as a residential and commercial hub. It’s time for PCMC now to rise and announce its arrival in the real estate spectrum. 

Pimprit Chinchwad - The New Today

Pune and PCMC is now India's most sought after real estate destination due to its cosmo culture. Pune Property market has grown exponentially in last 10 years due to huge growth of industrial and technology belts. With the huge migration happening in and across this city, every family that stays in Maharashtra now dreams to buy property in Pune with an assumption that there kids may settle down here in future. The property prices have grown exponentially and settled down to levels of INR 5000 to 6500 in decent areas. Same way flats in Pimpri are available in levels of Rs.5000 to Rs.6000.

The current diameter of Pune and Pimpri Chinchwad properties markets is spread across upto 60 kms. Buying an affordable property in this area should cost you anywhere between INR 3800 to 4000. A typical 1bhk flat now costs you anywhere between 30 to 40 Lacs whereas a 2bhk flat would cost you around 45 Lacs to 70 Lacs.

At the current levels, properties in pune may still offer you better growth as compared to Mumbai due to preference of people to settle down here. Surveys and research predict Pune property markets to grow almost double digits for next 5 to 10 years.

Pimpri Chinchwad Real Estate markets have as well seen a tremendous growth in last 5 years. Some of the premium residential projects in PCMC include River Residency - 1, 1.5, 2 & 3 bhk riverside luxury flats in Moshi. Due to tremendous rise in PCMC Industrial belts till Chakan, new properties in Moshi has seen a very good demand. PCMC Real Estate Markets have also grown fast because of extensive development of infrastructure. One such very important development is the Multiway bridge near Nashik Phata which will directly connect to Pimple Gurav thereby making residential projects like Kalpataru Estate, a very prime property in PCMC.

The future of Pune's and PCMC real estate markets definately looks brighter. 

PCMC better than Pune on terms of investment and ROI

What is it about Pimpri Chinchwad and its township properties that is so different from what is happening in the rest of the Pune property market?
To understand this, one has to first understand what goes into the formation of a planned city. The immaculately planned residential areas that define the Pimpri Chinchwad Municipal Corporation’s real estate map are not an accident. They are the result of carefully planned social, economic and real estate growth. Unlike the central areas of Pune, the real estate market in PCMC has been scrupulously shielded from the central city’s ad hoc development style. The vigilance and futuristic thinking that went into this avant-garde satellite city have added a completely new dimension to the concept of residential properties in Pune.

From the very outset, the PCMC planning authorities were determined to avoid the mistakes committed in nearby Navi Mumbai, popularly known as the world’s largest planned township. After all, what began as regulated development in Navi Mumbai soon began giving way to commercialized expansion. Instead, PCMC adopted a blueprint for smart growth – a blueprint that placed utmost importance to organized urban planning. No scope was given to a nearsighted focus on capitalization on this new area’s development potential – the onus was firmly kept on long-term considerations. This was to be the city of the future – a place where residents could work, live and relax without any of the constraints that plague the rest of Pune.
Slowly, almost imperceptibly, the landscape of this previously ignored satellite city changed. Proposals for faster development were turned down. The master plan stayed in place, and the results are now brilliantly evident. Today, Pimpri Chinchwad Municipal Corporation is an acknowledged masterpiece of community-oriented real estate development. It has a unique blend of sustainable residential spaces, highly advanced transportation networks, a broad spectrum of employment opportunities, modern housing typologies such as township properties and superior supportive infrastructure. At every stage of planning, this city’s inherent natural, cultural, sociological and economic resources have been carefully preserved. This incredible growth area is now the most logical option for residential property in Pune today. For home buyers, PCMC is the prefect alternative to Pune’s unregulated urban sprawl, rapidly compounding traffic congestion and disconnected neighborhoods.

Considering the increasing evidence if rapid urban decay in central Pune, township properties such as those now coming up in Pimpri Chinchwad Municipal Corporation are the truly the New Residential Deal. However, PCMC is not only about wider, greener spaces, cheaper property rates, improved social fabric and better infrastructure. The establishment of such new growth areas, with modern residential alternatives such as township properties, is a blessing to the Pune real estate market (which has been stagnating within increasingly larger pockets). At first sight, they only seem to play a role in reducing the urban sprawl and offering home buyers a healthier and more comfortable lifestyle. These townships they are also instrumental in creating new urban centres, wherein new business districts create job growth in new directions. Thanks to the organized nature of their development, they create new and more rational scope for real estate market expansion while reducing pressure on property prices in the parent city.

The Rising Pune City - 

Pune is the eighth largest metropolis in India and the second largest in the state of Maharashtra after Mumbai and the largest city in the Western Ghats.The city’s all year round pleasant climate, multi-ethnic culture and excellent career opportunities have proven to be the key drivers for large numbers of people to move their base to Pune. The exponential population growth has also paved way for gigantic real estate development in the heart of the city as well as in newer suburbs around the city. World class architecture and infrastructure developments are bringing Pune up the ladder in terms of quality of living.Pune has become synonymous to excellent education and career opportunities thereby creating a huge market for a number of global IT, automation, FMCG, etc. giants that have set up operations in and around Pune.

Cosmopolitan city cultureThe city hosts a number of cultural events in the fields of music, spirituality, theatre, sports, and literature. The scale of these events draws to the city large number of people from different backgrounds and religions. Many youth festivals are also hosted to cater to the vast student population.The ‘Cultural Capital of Maharashtra’, Pune unifies traditional beliefs and modern ways of living. In the heart of the city reside the traditional Maharashtrian families, and as one moves away from central Pune, the conventional merges into the modern.

Proximity to Mumbai
The six-lane 95 kilometer, Mumbai-Pune Expressway has made it possible to reach Mumbai effortlessly in under 180 minutes. Proximity to India’s Financial Capital works to Pune’s advantage. Trade and business have flourished in many ways thanks to the geographic proximity of these cities.

Rapidly developing infrastructure
Pune's infrastructure is developing with a phenomenal pace to cope with the growing demands of the exponentially growing population. Pune’s real estate industry has witnessed a steep growth due to the high quality of the projects and the relative affordability as compared to many other cities. Real estate in Pune has seen more development than many other cities in the State, and its borders are spreading out rapidly with newer suburbs sprouting up at a rapid pace. The rate of appreciation for Pune properties is high and prices have multiplied manifold over the recent years. This has attracted the attention of investors from India as well as abroad.
The IT hotspots around Pune are witnessing a flurry of development activity with a number of high-end residential townships in the pipeline. These are mostly concentrated in the areas of Kharadi, Hinjewadi, Nagar road, Vimannagar, Kalyannagar, Hadaspur, Aundh, Baner, Bavdhan, and PimpriChinchwad, (Bhosari, Chikhali).

West PuneMajor locations: Aundh, Balewadi, Baner, Bavdhan, Hinjewadi, Kothrud, Pashan, Pimple- Saudagar, and Wakad

East PuneMajor locations: Boat Club, Hadapsar, Kalyani Nagar, Kharadi, Koregaon Park, Wagholi, and Viman Nagar

South PuneMajor locations: Ambegaon, Katraj, Kondhwa, Parvati, Salisbury Park, Sinhagad Road, Mohammadwadi, NIBM, and Warje

North PuneMajor locations: Chinchwad, Akurdi, Pradhikaran, Talegaon, Bhosari, Chikhali, Chakan, and Ravet

Facts and figures:Area (square kilometres): 15,643 Population: 9,426,959Population growth rate: 30.34% compared to population as per 2001Density (per square kilometres): 603 Literacy rate: 87.19% Per capita income- Pune city (Source: Times of India): Rs 1.27 lakh (2010-11)Source: Census 2011

Key growth drivers that have contributed in making Pune a leading real estate destination, are:Information technology hubMajor software companies Manufacturing unitsAutomobile IndustriesPresence of leading education institutes

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