Pune Property Segment Gears Up

Pune's property segment in fast evolving its profile to be probably the most active housing market in the nation. Recently, the Promoters and Builders Association of Pune (PBAP) launched a realty fund worth Rs 26 crore. This fund would invest as much as Rs 5 crore per residential project in Pune to assist the little developers to finish their projects quickly.

Earlier, the Estate Agents Association of Pune (EAAP) launched a genuine estate directory for Pune. This directory, known as the Eaap Directory 2008, has specifics of the home professionals and property firms operating within the city. This directory will be of immense assist to the house seekers and property buyers.

Civic authorities have just announced that most land record in Pune is going to be digitized. Land owners will quickly have digital images and computerized papers confirming their ownership records. This could bring transparency in real estate segment and is needed the land owners too.

Pune has witnessed record land registration and transactions within the last quarters. In contrast to the media reports, official figures show that property transactions in Pune have registered 8% increase within the last quarter when compared to the period of time this past year.

Pune's property market has seen significant activity within the last one decade. Private property developers, together with the civic authorities, have launched new construction and infrastructure projects within the city. The town stretching its borders to bring about new suburbs. The city's property segment is extremely active and is also adopting new trends for the advantage of property professionals and home seekers.

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Created on Jun 30th 2018 14:09. Viewed 429 times.

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