Many of us remember the years when Pune was still a cool, green, peaceful, and pleasant city – a tranquil counterpoint to polluted Manic Mumbai less than 200 km away. Today, at the end of one of the worst summers any of us can recall, we realize how much has changed. In 2017, a depressing report
Pune’s housing market has remained remarkably strong despite the Covid-19 pandemic. Both demand and new supply were consistent from July 2020 to March 2021 after the State government imposed first wave restrictions. Unfortunately, the second wave in April to June quarter this year caused far more damage to Pune’s housing sector. Recent data by real
Just when Pune’s housing market was recovering reasonably well with good demand and supply, the second Covid-19 wave disrupted its growth momentum. To make things worse, there has been a steep rise in the prices of construction materials like cement and steel, over and above increasing labour costs. There are more than 2.5 lakh homes
The much-needed Model Tenancy Act has finally got the Cabinet’s nod and thereby brings on a new era of regulation for rental housing. Until now, India’s housing policies have mostly been about home ownership and little attention was given to helping rental housing. But with India’s acute housing shortage, we need a sound rental policy
Despite the Covid-19 pandemic’s onslaught for more than a year now, the Pune housing market has remained resilient. Notably, Pune was among the worst-affected cities in not just Maharashtra but the entire country during both waves. Naturally, this has impacted the city’s economy in almost all sectors. However, Pune housing market did fairly well even
Pune has always been one of the hottest property destinations in India. It’s touted as an ideal Indian city that offers a perfect amalgamation of urban city establishment and rustic old world charm. Thanks to the development of thousands of IT establishments, the city offers ample of growth and employment opportunities to young aspiring professionals.
