Monday, May 3, 2010

About "new-found" boom in Pune real estate market

“The prices of properties in Pune have also gone up by 12-15 per cent”

In today's Indian Express, Mr. Rohit Gera, vice-president of Confederation of Real Estate Developers of India (CREDAI), Pune, says that the spurt in demand had prompted many builders in the city to take up new projects, which they had shunned during the downturn. Mr. Gera says,
“In the last couple of years, builders were reluctant to take up new projects. Also, many projects were on a slow pace. But now, with the market showing positive signs, builders have started to pitch in.”

Actually, to prove his point, after the above "intro", Mr. Gera should go ahead and announces the launch of Gera Developments', project of affordable 1 BHK & 2 BHK Flats (489 to 841 sq.ft. carpet area) and shops (shops near Eon IT Park!), Gera's Park View 1 at Kharadi, Pune!! If Mr. Gera does that, all property buyers in Pune will accept the claim of "new-found" boom in Pune real estate market! What say you?

Related Stories:

1) SATURDAY, DECEMBER 20, 2008

Gera's Park View 1 at Kharadi - Happy Homes - Pre-Launch offer:
1 Bedroom Terrace Flats: Rs. 14.50 Lakh Onwards

2 Bedroom Terrace Flats: Rs. 23.16 Lakh Onwards

2) SATURDAY, MAY 1, 2010

April 2010 - Most popular blogs on Ravi Karandeekar's Pune Real Estate Market News Blog

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1 comment:

  1. Hi Ravi,
    I founnd below link while surfing.
    http://expertscolumn.com/content/sinhgad-road-prospective-place-pune-real-estate-investors

    It also says property rates are really going high (15% up).

    Do you know what is current rate at sinhgad road?

    ReplyDelete