What Makes Pune the Best Place to Live in?

Due to the unique attractions and other gateways, families and couples visit the city of Pune very often. Due to the prominent name the city is having, many people in the state of Maharashtra and from outside wanted to buy flats in Pune. The tourist attractions and tourist destinations in the city and near to it make people buy flats here. Pune is, in fact, a heaven for tourists due to the fact that every nook and corner of Pune offers some gorgeous tourist attractions and places. So, the visitors are flowing to the land of Pune each day to witness its wonders. Venkatesh Oxy Group in Pune is a well-known reality group in Pune that caters every need of the clients related to real estate.

Venkatesh oxy group

Features of the city of Pune

Pune has numerous Educational institutions and it makes the town a good haven for education in Pune. A lot of people are very much interested to buy home, land, and flats near to schools and colleges. So, Pune is the best place for you to buy land or flat near to schools and colleges.

The proximity of Pune increases its popularity and also welcomes the people to buy lands, flats, and homes here. Since more and more flats and homes are coming up in Pune through the builders in Pune; the buyers can easily buy flat in Pune.

If you wish to purchase or sell any property in the city, it is better to go with a real estate consultant in this area. They will help you to buy the best property. And also for the sellers, they will make you get the maximum price for your property.

Venkatesh Oxy Group

Venkatesh Oxy Group is committed to providing reliable‚ amicable‚ and a professional real estate service in Pune to all stakeholders. The group focuses on customer satisfaction and is successful to meet with the expectations of the clients.

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The Elegance of Real Estate Market in Pune

Being IT hub and education capital of India, Pune is a delightful city where many visitors come from both inside and outside India. These visitors are attracted by the tranquil beauty, historical places and architecture of Pune. To cater the accommodation of these visitors, much number of flats are available which makes the travel trouble free and comfortable. These flats in Pune can be hired for long term or for a short term. Also they can buy it if they want to own a flat in the city.

The best places to live in Pune

It is a good idea to have picnic to the city of Pune as there are a lot of places to see and enjoy with friends and family. Koregaon Park is one of the most beautiful places where you can stay and enjoy the visit to Pune. It is very charming place due to the exclusive features it has. It is one of Pune’s most developed areas. The well known real estate dealers like Venkatesh Oxy Group is all set to welcome new people to these areas with their world class flats, homes, villas, apartments etc.

Another fast growing area in Pune is Hinjewadi which makes people to buy flats and properties in this area. As it is an IT industrial area, many people working in these industries look for homes in this locality. This has increased the demand for flats and homes in Hinjewadi. The Mumbai-Pune express highway going through Hinjewadi is another reason to have hike in real estate business in the area.

As Pune is one of the tourist destinations of Maharashtra, the city is developing into a main business hub with big stores and five-star hotels. These developments have made many people to come to Pune to make their home. Seeing the huge demand for flats, the real estate developers from other parts of the country also have come to Pune to build up their kingdom in the city. It caters the huge demand of people to buy flats in Pune.

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A Home of Dreams

Dreams have no classification. They are the unspoken thoughts of a mind that are being visualized over the time in an individual’s life. Possessing own home is one of the most precious dream one could have for his life. It is a lifetime investment that stays with you forever. Everyone wants to make this dream of having own home, the most valuable dream and wants to make it worth seeing. We at Venkatesh Oxy Group, try to paint those pictorial images of dream in a most vibrant manner to you. We understand the emotions being associated with your lifetime savings for having your dream home. 

Your every concern is our commitment. We are aware of your needs in terms of place, location, materials and we keep our efforts to make your home- a place of your dreams. Your anxiety of getting home either first or second is being cooled down by the sense of reliability and affordability of our housing projects. We are always standing on our knees to meet our aspirations in the most perfect way.

Your investment is your financial decision that may affect the rest of your life. With our dream residential projects, we ensure to replace your worries with the satisfaction in your hearts. Our support starts from selecting the location and it extends to your financial help. We are the only real estate providers in the city that keeps a proper follow up to make sure you get the best financial aid from the banks.

We have been in partnership with many of valuable and trusted banking partners that assures you to invest with trust. Our upcoming and active projects on housing, commercial, office spaces and townships allow us to provide a variety of options to our customers. Our dynamic team is always on job to ensure you about our services and to solve any room of doubt in your mind. We are happy to be connected to you in your biggest life changing decision. If you have a plan or you are dreaming to buy a project, all you need is to reach us….

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Must Have Amenities in a Residential Project

Work-life of people today is very critical so, many home buyers opt to strike the work pressure by choosing thoughtfully designed housing projects for all age groups. Venkatesh Oxy Group is one of the best developers in wagholi who help the customers with several benefits and latest developments in the projects. These builders have maintained a relation with the customers and because of their faithful work have earned goodwill in the area.

Understand more about the basic facilities that your residential project must have:

Smart Building Designs:

Spacious building plans that explore multilevel parking of vehicles are favored. Parking space for visitors is a realistic need and should not be overlooked. Space for social and business gatherings or parties should be available like a community hall or a seminar hall.  

Sports and Recreation:

Life becomes monotonous without play. Going for a quick match of table tennis after work or drifting in the skating rink can do miracles to stimulate your mind. Sports ground or court to hold indoor games like carom, pool and fuss-ball is an added advantage.

Kids:

Families with kids must be on the hunt for facilities like playgrounds, sandpit, swimming pools, etc. in the building. However, real estate experts advise home buyers with children to look beyond the building, as well.

Senior Citizens:

In case you have senior family members, go for projects that offer basic services for senior residents like ramps, benches or security traits and exclusive places for the elderly to come together. Be sure you choose an area that has easy access to the healthcare.

Expert Speak

A representative from Venkatesh Oxy Group, a leading Wagholi-based real estate venture, stated, "Home developers must concentrate on the buyer's requirements. A homeowner is the focal feature of our architectural and design plans."

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THE SPECTRUM OF REAL ESTATE AND ITS VERSATILITY

The evaluation theory states the importance of making different sense to, create, and emphasize the situation and importance of life and its diversification. The on role statement and sigma of importance and statics insure the life and its process values in distinctive area, which simplifies and amplifies the direction through motivation. Life is constantly developing and in due progress, the variation makes life more competitive through its belongings, market, research, classification, amplifications, etc. makes things smoother. The amendments and theory makes the things more projective and platonic.

Real estate is a transforming agenda and system where life starts with the basic requirements, the basic transformation of activities, enthusiasm, power of soul, the planning, implantation and growth of its area and vulnerability. The growth, which enhances its adaptability to its statistics through its base and advancements.

The adaptability rate, and the continuous process of life and its advancements making few things more progressive and full of endeavor. The rapid progress of the system and its alignments in making things more vulnerable and resourceful, the circumstances and process of rapid industrialization, urbanization, and vast growth has influenced our lives more than anything.

Read Full Blog @ http://www.venkateshoxygroup.com/blog-details/the-spectrum-of-real-estate-and-its-versatility

AFFORDABLE HOUSING FOR ALL

In the last five years, real estate sector is evolved to a greater extent. CREDAI has been continuously promoting professionalism, transparency and customer-centricity. CREDAI has 11,500 members across 168 cities bounded by a strict code.

CREDAI Conclave 2017, was held at hotel Taj Palace, New Delhi CREDAI- (Confederation of Real Estate Developers’ Associations of India), at which they announced their annual eminent summit document. Inauguration ceremony was decorated with many chief guests. Hon’ble Minister for Urban Development and Housing and Poverty Alleviation, Mr. Venkaiah Naidu, inaugurated the ceremony and made many useful announcements. The ceremony was held in presence of Sadhguruji and was also attended by Hon’ble Minister for Skill Development & Entrepreneurship, Mr. Rajiv Pratap Rudy, CREDAI members, real estate experts, and financial institutions alongside the leaders of premier banks.

Talking about Pune area, there an upsurge in the real estate sector since last five years. There was a time when buying a flat in Pune was quite an adventurous thing for middleclass people. But due to repeated inflation and price hikes, middle class people had to think deeply before investing in the real estate. Now as the prices of housing went down, because of demonetization, real estate developers in Pune are coming up with the affordable priced homes/ flats.

The CREDAI Conclave 2017 summit was particularly held for elimination of backdrops in the economic and policy environment. “Change, Opportunity and Policy” was the theme of this year’s conclave summit. CREDAI believe that changes in the economy and policy would benefit the real estate industry. The conclave was strongly supported by demand of consumers, increasing trust of consumer and government policies. Most predominantly, digitization of payments and Taxes together pose strategic and operational challenges.

Real Estate sector’s contribution in India’s GDP is approximately 6%. Nearly 20 crore Indians are dependent on the real estate sector for livelihood. To make the act successful CREDAI is going to be formally compliant with RERA.

At inaugural ceremony Hon’ble Minister of Urban Development, Housing and Poverty Alleviation Mr. Venkaiah Naidu started from stating that new government policy will bring a change in economy, “RERA and GST will create the perfect economy by eliminating the issues.” He also expressed his thoughts on infrastructure status and affordable housing projects for middleclass that, “The new ‘Benami (Prohibited) Transaction Amendment Act’, will help the vision.” Another concern of this sector has been approvals. He stated that the ministry is proposing some recommendations for the PM’s approval to work on it.

“All real estate transactions need to be made digital, a healthy practice that will make it possible for banks to disburse housing loans.” He also added, “We are also working on a policy of incentives and disincentives. States working in compliance with reform measures like accountability, transparency, swift approval will be given additional money under allocation.”

Most of the builders in Pune like Venkatesh Oxy Group are in link with Federation of real estate developers in India, which makes itself a trustworthy developer in Pune.

Pune is the city at the height of development and now getting global reorganization. Investing in Pune will definitely make your future secure. Announcements as stated above by Hon’ble Minister Mr. Venkaiah Naidu, is a boon for developers and buyers. After demonetization this is another relief for the middle class people. If you want to invest your money in the real estate of Pune area, then Venkatesh Oxy Group Pune can be a best option for you.

Courtesy: realtyfact.com & CREDAI

Reference: http://www.venkateshoxygroup.com/blog-details/affordable-housing-for-all

INVESTMENT IN PROPERTY IS THE NEW PROFIT

When you think about investment, the very first thing that probably comes to mind is owning a home. The property is playing as a hedge against the stock market. However, while the real estate has become a popular investment vehicle over the last 50 years, buying and owning brick and mortar is a lot more complicated thing than investing in equities and bonds. In this blog, we'll give you few valid reasons to invest in a property.

Buying real estate is widely considered as a safe bet by Indian investors. Like every other market, real estate market too has its highs and lows. For citation, between 1988 and 1994 the real estate market had boomed, and the prices for most of the properties went up by over 10 times during this period.

Recently, the market has witnessed a huge amount of decline in the number of people buying residential properties. The most important reasons for this is the fact that property prices remain high as compared to the average income of individuals.

There is end user interest, but what our buyers are waiting for is reasonable and affordable prices.

Now, the government has announced two new subsidy slabs to stimulus our real estate market.

·       The slabs now can apply to loans with a tenure of up to 20 years.

·    Income bracket of homebuyer will now decide their subsidy at different  rates

If you are earning up to Rs 18 lakhs per annum, buying your first house will cost nearly Rs 2.4 lakh less as the government will contribute a part of your home loan interest. At present, this contribution is available to only those earning up to Rs 6 lakh per annum.

The government has declared two new subsidy slabs to induce the real estate market and achieve housing for all by 2022. The slabs will apply to loans with a tenure of up to 20 years, as against the limit of 15 years now.

On December 31, 2016, PM of India, Mr Narendra Modi had announced two subsidy schemes under Prime Minister Awas Yojana (PMAY).

Now, Homebuyers will get their subsidy at different rates depending on their income brackets. People who are earning less than Rs 6 lakhs per annum will get a subsidy of 6.5 percentage points on a principal component of Rs 6 lakh, regardless of their total loan amount. If they have borrowed money at 9% interest, they will pay only 2.5% interest on Rs 6 lakh, and 9% on the remaining amount.

In the next bracket, people who are earning up to Rs 12 lakh per annum will enjoy the interest subsidy of 4 percentage points on a principal component of Rs 9 lakh, and the highest income category of Rs 18 lakh per annum will enjoy a subsidy of 3 percentage points on a principal component of Rs 12 lakh.

The net benefit for all the three categories over 20-year loan tenure is roughly Rs 2.4 lakh, and the monthly instalment is decreased around Rs 2,200. This subsidy benefit under PMAY is in addition to the income tax benefits on home loans, which can go up to Rs 61,800 per annum for someone in the 30% tax bracket.

Under the scheme for the low-income group people, the government had subsidised around 18,000 first time homebuyers, at a cost of around Rs 310 crore. A senior NHB official has also said that the disbursal rate is likely to go up as the middle-income category has been brought under the scheme.

The right approach in the current market environment is to invest in home property projects by reputed developers like Venkatesh Oxy Group in Pune, in growing locations. These developers will surely deliver the promised quality as well as possession timelines.

With several big infrastructure projects like from Venkatesh Oxy Group, here is the opportunity to make yourself lucky enough so that you can enjoy the various schemes of government.

For those who wanted to buy homes but were sitting on the fence because of the high rate on loan interest amount or the one who are hoping for further rate cuts, this might be the right time to take the plunge.

All these make the present time a very suitable one for buying a home from top builders in Pune.

 Source: http://www.venkateshoxygroup.com/blog-details/investment-in-property-is-the-new-profit