Ready commercial premises for sale in Aundh

1) Aundh
Jaihind lane
Commercial brand new building
6 R plot size , constructed 8000 sq ft
Price 9 cr.



2) Aundh.
Near medi point hospital.
Ready commercial building.
8 R plot
12500 constructed
Price 9.5 cr.

Plots for sale

1) Keshavnagar 60000 sq ft
R Zone plot @1300 per sq ft.

2) Mundhwa 76000 sq ft
Access from North main annexe road.
Proposed R zone
Price 32 cr.


3) Viman nagar
10 R plot
R zone
Price Rs. 2500 per sq ft.

4) Keshnan
230 acres clear title land at keshnand, wagholi, pune. Zone agricultural non development.
Juridistion: Under the preview of special township act.
The land is flat piece of land, table top black soil land, beautiful location to have a township/resort.
Complete revenue document ready for perusal, delivery of land and title in 30 days.
Price 70 lakh per acre

5) Balewadi
16 acres
R zone
Price Rs. 2500 per sq ft.

6) Bosari
108706 sq ft plot
150 ft main road frontage
Price 20 cr

7) Plot area 17500 sq ft
Saleable FSI 29500
Commercial plan passed
Opp Zilla Parishad camp.
Govt long lease
Price 9 cr

8) Malouli (near lonavala)
245 acres
Agricultural plot
Ample road access
15% in hill top area, no other reservation.
Price Rs. 70 lakhs per acre.

9) Chakan
80 R Plot
R Zone/Clear Title
50 mts off Chakan Talegaon Road
Price @ 400/- per sq.ft.

Hotel for sale

Pune star hotel
1.65 ACRE plot
139 rooms
CONSTRUCTED APPROX 1,35,000/- SQFT
Price : 140 crores ( excluding hotel brand name)
Running star hotel in prime pune CBD area.

Bungalow and flat for Sale

1. Napier road ( camp) bungalow plot,
Size of land 25265 sq ft
Bungalow plinth 4825 sq ft
Old grant property
Price 12.75 cr.


2. Bungalow plot in koregaon park
Lane 4
plot size 9471 sq ft
fsi 1 for bungalow only.
Price 13.75 cr

3. Aundh bungalow in Abhimanshree society
plot size 5200 sq ft
bungalow furnished 4300 sq ft
price 6.25 cr

Hot Available

1).4 BHK BUNGALOW FOR SALE AT KOREGAON PARK EXTENSION AT MUNDHWA. 10000 SQ.FT. PLOT AND 5000 SQ.FT CONSTRUCTION. EXPECTED PRICE 3.75CR.

2).FOR SALE 2BHK 1065 SFT SUNCITY/PUNEPHASE I / ON 8TH FLR./STILT PARKING
EXPECTING 54 LACS INCL.PARKING/MSEB. BUILDERS TRANSFER. STAMP DUTY/REGISTERATION EXTRA/BROKERAGE EXTRA


3).4BHK FOR SALE AT BOAT CLUB ROAD IN A POSH BRAND NEW MARVEL CONSTRUCTION , 4100 SQ.FT./ONE FLAT PER FLOOR WITH SWIMMING POOL ATTACHED TO EACH FLAT. @16,000/-PER SQ.FT. NEG.

4).4BHK (3190 SQ.FT.)FOR SALE AT AMANORA TOWERS AT MAGARPATTA ROAD/ READY POSSESSION ON THE 19TH FLOOR/ ITALIAN MARBLE IN LIVING AND DINING/ WOODEN FLOORING IN ALL BEDROOMS/ FULLY FURNISHED KITCHEN/ A/C IN MASTER BEDROOM. @4700/-PER SQ.FT.

5).3BHK (2040 SQ.FT. CHARGEABLE) DUPLEX WITH TERRACE AND COVERED CAR PARK FOR SALE AT KALYANI NAGAR IN A SINGLE WELL MAINTAINED BUILDING. PRICE RS.1.25CR.

6).4BHK BUNGALOW (5000 SQ.FT. PLOT/3000 SQ.FT. B UP.) FOR SALE AT PADMA VILAS,WANORIE .
4 BEDROOMS, EACH WITH AN ATTACHED BATHROOM (EUROPEAN STYLE COMMODE) AND GEYSER. A SERVANT'S QUARTER WITH ATTACHED TOILET (INDIAN STYLE) AND BATHROOM. HUGE MASTER BEDROOM WITH CLOSET ROOM. THE KITCHEN IS SEMI-FURNISHED WITH GRANITE WORK-TOP AND HAVING COVERED VERANDAH. THE HUGE HALL AND DINING ROOM, COVERED PATIO, IS SURROUNDED WITH APPROXIMATELY 2000 SQ.FEET OF GARDEN. ON EITHER SIDES, ARE ADJOINING BUNGALOWS AND NO STRUCTURES TO OBSTRUCT THE VIEW FROM FRONT AND THE REAR. THE BUNGALOW HAS A FENCE ON ALL SIDES AIDED BY CREEPERS TO HAVE ITS OWN PRIVACY AND SECURITY. THE COVERED GARAGE CAN ACCOMMODATE TWO LARGE AND TWO SMALL VEHICLES, WITHIN THE FENCED AREA. A SEPARATE ENTRANCE FROM THE GARAGE TO THE HOUSE. ALL THE EXPOSED WINDOWS HAVE MOSQUITO NETTING AND GRILLS TO MAINTAIN PROTECTION AND SECURITY. THE DOORS HAVE ROLLING SHUTTERS WITH A LOCKING-IN DEVICE, IN THE HOUSE, FOR COMPLETE PROTECTION. RS.5.25CR.

7).FOR SALE 7912 SQ.FT. PLOT AT CLOUD 9 AT NIBM ROAD. @2800/-

8).4050 SQ.FT. SHOWROOM FOR SALE TOUCHING MAIN NAGAR ROAD HIGHWAY FULLY A/C & GEN. BAKUP. WITH 5 COVERED CAR PARKS HIGHWAY TOUCH WITH 90 FEET FRONTAGE IN A PRIME LOCATION./ 8 CR.

9).4 BHK BUNGALOW FOR SALE AT ABHIMANSHREE SOCIETY, AUNDH/PLOT AREA 5200 SQ.FT. AND 4300 SQ.FT. BUILT UP AREA/6.5 CR

10).230 ACRES LAND FOR SALE AT KESHNAND WAGHOLI/ AGRICULTURAL ZONE/60 LACS PER ACRE FULL CHEQUE PAYMENT

11).FOR SALE 3 BHK AT LIFE PARK OPP. CORINTHIAN CLUB AT MOHD. WADI, KONDHWA/1458 SQ.FT. WITH SINGLE RESERVED CAR PARK/50 LACS ALL INCLUSIVE OF STAMP DUTY, REGISTERATION, CAR PARK, MSEB, CLUB HOUSE PAYMENT.

12).CLEAR TITLE 80R RESIDENTIAL PLOT FOR SALE AT CHAKAN/ 50 MTS OFF CHAKAN TALEGAON ROAD. / RS.400/- PER SQ.FT.

13).FOR SALE 4BHK + UTILITY ROOM 2814SFT SATELLITE TOWERS HIGHER FLOOR SEMI FURNISHED/A/C ALL ROOMSIN BUILT WARDROBES/STILT PARKING 2.5CR

14).FOR SALE AESTHETICALY FURNISHED 4500SQ.FT. CHARGEABLE 4BHK PENTHOUSE WITH TOP TERRACE GOING THROUGH THE APARTMENT (2 JOINED FLATS OF 3BHK EACH CONVERTED TO 4BHK AT SKY LOUNGE AT KALYANI NAGAR. RS.6CR

15).FOR LEASE 4BHK BUNGALOW 3000SQ.FT. BUILT UP WITH 5500SQ.FT. GARDEN AT AGANAGAR ON NAGAR ROAD

16).8000SQ.FT. COMMERCIAL COMPLEX AT VIMAN NAGAR. OPEN TO OUTRIGHT SALE OR EVEN LEASE.
AREA SALABLE 8000 SQFT. (THE ENTIRE FOURTH FLOOR). FULLY FURNISHED, IDEAL FOR A SOFTWARE COMPANY.
OUTFITTING
ENCLOSED CABINS 5 ( FOR THE UPPER MANAGEMENT) WITH A SPLIT AC IN EACH.
CUBICLES 8 (FOR MIDDLE LEVEL MANAGEMENT) 13X1.5 TON SPLIT AC IN THE ENTIRE AREA
WORKSTATIONS 100
CONFERENCE ROOM 1 (SEATING FOR 12 BOARD MEMBERS) 1X1.5 TON SPLIT AC.
PANTRY 1 (WITH A SINK AND SPACE ENOUGH FOR A WATER DISPENSER, COFFEE DISPENSERS AND MICROWAVE OVEN)
WASHROOM LADIES 1 ( WITH TWO STALLS)
WASHROOM GENTS 2 ( WITH TWO STALLS AND TWO URINALS IN ONE AND TWO STALL IN THE OTHER)
SERVER ROOM 1 ( WITH TWO WINDOW ACS)
FANS (ADEQUATE NUMBERS TO COVER THE WHOLE FLOOR)
STORAGE ADEQUATE INDIVIDUALLY AND CENTRALLY.
FACILITIES
UPS BACKUP FOR HALF HOUR. UPS POINTS AT EVERY TABLE WITH ONE RAW POINT FOR EVERY FOUR TO SIX TABLES.
100 MBPS LAN CONNECTIVITY ON EACH TABLE WITH EXTRA PTS FOR EVERY FOUR TABLES.
TELEPHONE POINTS ON APPROX. 60% OF THE TABLES WITH RJ 11 SOCKETS.

PARKING
6 COVERED CARS PARKS IN THE STILT AREA OF C1 BUILDING.
20 COVERED TWO WHEELER PARKING IN THE UNDERGROUND AREA OF C1 BUILDING.
OPEN CAR PARKING CAN ALSO BE GOT FROM THE SOCIETY ON A NOMINAL PAYMENT. ( THEY MAKE QUARTERLY ALLOTMENTS AND ONE CAN APPLY FOR IT)

SOCIETY PROVIDED FACILITIES
GENERATOR BACK UP FOR THE ENTIRE AREA FORM THE SOCIETY DG SET.
24 HOURS WATER SUPPLY FROM THE PMC/ TANKER WATER SOURCES.
24 HOURS SECURITY FOR THE BUILDING.
GENERAL AREA CLEANING AND GARBAGE DISPOSAL.
ELEVATORS 2

3BHK For Sale(Apartments / Flats)

1).3BHK Flat in Heart of Kalyani Nagar, Opp Gold Adlabs, 1200 Sq ft, 1st Floor with Lift. Semi Furnished. Big Children garden, 24 hours Water Security. Well maintained Socy. Good neighbourhood
Location: Kalyani Nagar
Area: 1200 Sq Feet
Transaction Type: Resale
Furnished: Semi Furnished
Price: Rs. 58.50 Lakh
Bedrooms: 3 BHK
Property Age: 5-10 Years
Floor No: 1




2).Residential apartment, available in Pune in Kalyani Nagar, near bishop school at best suitable price

Location: Kalyani Nagar
Area: 2250 Sq Feet
Transaction Type: Resale
Furnished: Unfurnished
Price: Rs. 1.40 Crore(s)
Bedrooms: 3 BHKProperty
Age: 5-10 Years
Floor No: 3




3).Multistorey apartment is well located available for sale, with all the modern amenities

Location: Viman Nagar
Area: 1680 Sq Feet
Transaction Type: New
Furnished: Furnished
Price: Rs. 71.51 Lakh
Bedrooms: 3 BHK
Possession: Immediate
Floor No: 3


4).3 BHK Residential Apartment for Sale in Magarpatta
Very spacious and semi furnished 3 bhk apartment for immediate sale with all the charges
Location: Magarpatta
Area: 1469 Sq Feet
Transaction Type: Resale
Furnished: Semi Furnished
Price: Rs. 64 Lakh
Bedrooms: 3 BHK
Property Age: Less than 5 Years
Floor No: 2


5). 1630 Sqft, 3 BHK Flat at Kalyani Nagar

An Attractive & Well Done Up flat with 101 Amenities like Modular Kitchen, Pipe Gas Connection, Reserved Car Parking, Security & more. Available for immediate sale at Kalyani Nagar.

Price-Rs.75,00,000/-.
Location: Kalyani Nagar
Area: 1630 Sq Feet
Transaction Type: New
Furnished: Unfurnished
Price: Rs. 75 Lakh
Bedrooms: 3 BHK
Possession: Immediate


6).3 BHK Flat at Kalyani Nagar, 1500 Sqft

Well Maintained & Well Ventilated flat with Swimming pool, Children Play Area, Gym, Club House, Garden, Power Back Up, Double Covered Car Parking, Security & more. Available for immediate sale in Kalyani Nagar.
Price-Rs.62,00,000/-.
Location: Kalyani Nagar
Area: 1500 Sq Feet
Transaction Type: New
Furnished: Unfurnished
Price: Rs. 62 Lakh
Bedrooms: 3 BHK
Possession: Immediate

Commercial Complex on Lease

Area: 2600 sq ft
Rate: Rs 60 per sq ft
Commercially Prime Location at Viman Nagar with ready infrastructure for Slimming and beauty centre, previously a renowned brand for Slimming and Beauty was operating there

2 BHK on Sale in Viman Nagar

2 Bhk on sale in Viman Nagar

Area: 800 sq ft + 800 sq ft terrace

Will covered car parking, all amenities and furnishing inclusive.Available on below market price for outright on immediate basis.

Requirements at Wanowrie Area:

Sale:


1). 3bhk at Flower Valley, 1540 sq ft for 80L (negotiable)

2).2bhk at Ganga Satellite, 1050 sq ft for 56 L (negotiable)

3). 3bhk at Varsha, 1360 sq ft for 60 L

4). 2bhk at Heavenly Arcade Salunke Vihar Road 38L



Rental:

1) 2bhk on rent at 10k ,deposit 50k
2) Shop on rent in Wanowrie at 20k
3) 2bkh on rent in Salunke Vihar for 10k, deposit 40k

Urgently required

1) Require: N/A Land Plot
Bugdet: Market price..
Location: Prime location of pune city..
Plot Area: Minimum area 10,000 Sqft to 1 Lac Sqft.
Purpose: Building/Developement and selling to others..
Other info.: This client wish to purchase land plot in prime prime location and ready to pay market price as scheme will be premium and will have less quantity of units...

2) Client: Renowned Musician shifting to pune...
Require: Land Plot
Bugdet: 2 Crores (Complete bank cheque deal) for land purchase.
Location: Nearest to pune city but non - polluted surroundings..
Plot Area: Minimum area 15,000 Sqft to 1 - 2 acres
Purpose: personal use..
should have Built up permission: can build a 5000 sq. ft vaastu compliant home and 4 x200sq. ft (total 800 sqft) cottages for his students and elderly guests,( if possible a cow shed , a horse stable and some grazing land )and definitely a tennis court of 7500 sq ft, Must have own borewell, plus nagar nigam water, electricty and telephone supplies.

3)Client: NRI based in dubai..
Require: spacious 3/4 Bhk Rowhouse, Twin bunglow or Bunglow or Bunglow Plot (3000 - 4000 Sqft.)
Budget: 1 - 2 Crores
Purpose: personal use.
Location: Kalyani Nagar or wanworie, NIBM (before chandan garden)

4)Client: NRI based in USA
Require: Bunglow Plot..
Plot Area: 6 - 8000 Sqft.
Budget: 45 - 60 Lacs
Purpose: Investment cum personal use..
Location: Undri near to Iskon temple will prefer bunglow society like sri siddhivinayak shrushti, sai niwas, atur park or near about areas...


5) Client: Retired Exeutive Engineer of Irrigation dept.
Require: 3 BHK Rowhouse
Budget: 60 - 65 Lacs (Complete White Deal)
Location: Viman Nagar, Kharadi, Lullanagar, Sahkarnagar, bibewadi..

6) Client: Director/ Principal of renowned international school in mumbai & pune.
Require: Spacious large size 3 or 4 bhk Apartment with Servant Quarter or indepandent rowhouse, twin bunglow or bunglow.
Budget: 1 - 1.20 Cr.
Purpose: Personal use.
Location: NIBM, Wanworie, Sopan baug or Aundh, Baner side..
7) Client: investor from mumbai..
Require: Two flats: one 1 bhk and one 2 or 3 bhk flat
Budget: market price
Location: Fatima nagar, wanwadi, salunke vihar, nibm, kondhwa till jyoti restaurant..

Opportunity for Investors and Buyers

Following opportunities are available on outright being Investors and Buyers delight : -

1) 4Bhk 2 flats( 2250sqft & 2285sqft) with 4 car parks for each flat
on the 5th & 6th floor at
ghokle road, off ModelColony for 2.17 cr (each flat).

2) 4Bhk (converted into a 3Bhk) at Ashoknagar near Bhoslenagar (
2500sqft full furnised flat)
with 1carparking for 3 cr.

3) 4Bhk 2500sqft (Underconstuction) at ghokle road on the fourth floor
for 2.50Cr.

4) 3Bhk 2250sqft Built-up (Rowhouse) and plot size 3000sqft at Vasant
Vihar (Paranjape
Schemes) at Baner for 2.25Cr.

5) 3Bhk 2250sqft (Duplex) on the Eight & Ninth floor at Eves Garden,
Baner Road for
1.50Cr.

6) 3 and a Half Bhk 2300sqft Fully Furnished, (flat size) with Top
Terrace size 1500sqft on
the seventh floor at Vascon Paradise Towers for 2.50Cr.

1 BHK on sale at Salunke Vihar

Non negotiable for Rs 20 Lacs
Location: Near ABC farms

3 BHK on sale at Viman Nagar

3 BHK on Sale at Nyati Meadows

Floor: 4th
Area: 1670 sq ft
Cost : Rs 74 Lacs

2 BHK on Lease in Wanowrie

2 BHK on Lease in Wanowrie at Raheja Garden

Rent: Rs 10,000 monthly

Free hold plot in Viman Nagar

5000 sq ft @ Rs 3500/sq ft for sale in upright market location in Viman Nagar

Commercial Complex in main Laxmi Road

2500 sq ft of Commercial Complex for sale at 4.5 Cr

2 BHK on Lease in Viman Nagar

Amenities: 2 washrooms, terrace, fully furnished excluding AC( Television, Sofa , Dining , Beds, Cupboards )

Lift with generator back up
Rent : Rs 15,000 monthly

Deposit: Rs 70,000

3 BHK on Lease at North Main Road Koregaon Park

Floor : 4th
Parking : 1 Car

Area: 2380 sq ft

Rental: Rs 65,000 monthly
Deposit : 10 months of rental

Furnishing: Fully furnished with full air conditioning ( 4 AC inclusive hall )
Others : Exclusive Terrace

Commercial Complex on Lease at M.G. Road

Area : 1500 sq. ft.
( Carpeting of 80%)

Location : 250/251 M.G. Road , first floor

Leasing : 2-3 years

Furnishing : Built up 12 Workstations, 5 Cabins, Reception desk, Lobby, Pantry, Washroom

Supplementary: Air Conditioning with Back up and Road facing

Joint Venture Proposal For Residential Investment

Project Location : Dhanavari

Area: 15 Acres

Owners Contribution : 30 CR


Investment from Partner J.V.: 30 CR

(INITIAL REQUIREMENT RS. 10 CR AND
BALANCE IN NEXT 15 MONTHS)

STATUS OF PLOT :PLAN IS RESIDENTIALLY SANCTIONED
AND PLOT IS WITH CLEAR TITLE



Current Rate : 60 CR

For further details, contact us.

JOINT VENTURE PROPOSAL

PROJECT LOCATION : PIMPRI (MAIN ROAD), NEAR GINGER
HOTEL, Opp. PCMC Building

AREA : 100,000 SQ. FT
(1.5 FSI for Hotel & Commercial Shops/Offices)

OWNER’S CONTRIBUTION : RS. 35.0 CR (100,000 SFT X 3,500/SFT)
(LAND COST)

INVESTMENT FROM J.V : RS. 35.0 CR
PARTNER
(INITIAL REQUIREMENT RS. 10 CR AND
BALANCE IN NEXT 15 MONTHS)

PROPOSED SIZE : HOTEL - 180 ROOMS (120 Rooms + 60 offices)*
And COMMERCIAL SHOPS*

CATEGORY : 4 Star with 5-Star Amenities & Facilities

MARKETING / : FOUR-STAR CHAIN
MANAGEMENT TIE-UP (Fortune / Four-Point Sheraton /
Marriot Courtyard etc.)

PERIOD OF COMPLETION : 3-1/2 YEARS

STATUS OF PLOT : PLAN IS COMMERCIALLY SANCTIONED
AND PLOT IS WITH CLEAR TITLE

* 60 OFFICES : To be leased out for 5/10 years and then to be
Converted into Rooms in future.

* SHOPS : Can be sold out or leased out
(Approx. saleable area = 40,000 Sq. ft.)
Average selling rate = 7,000 per sq. ft.

= Rs. 28.0 Cr.

* TOTAL INVESTMENT : Rs. 85.0 Cr.
* INVESTMENT FROM J.V : Rs. 35.0 Cr
* Balance Funds Required : Rs. 50.0 Cr

Balance Fund requirement of Rs. 50.0 Cr. To be met by :-



Option – 1

By Sale of Shops : Rs. 28.0 Cr.
Balance fund requirement : Rs. 22.0 Cr (Rs. 50 Cr. – Rs. 28.0 Cr.)

Rs. 22.0 Cr. To be equally / partially contributed by both Partners and balance to be
Arranged through Bank Loan.

Option – 2

If Shops are to be leased out, Fund required is Rs. 50.0 Cr in which case –

- Both Partners should contribute on 25:25 basis as equity
- To be arranged partly by equity contribution and partly by Bank Loan




**********

2 and 3 BHK Flats on sale at Clover Acropolis

2 and 3 BHK Flats on sale at Clover Acropolis, Nagar Road. Ready for possession with all amenities available.

3 BHK Flats on Sale at Ganga Carnation

3 BHK flats on Sale at Ganga Carnation, 2,4 and 8th floors. Location Koregaon Park Annexe. Rs 6000 per sq ft, Car parking and all other amenities available.

Flat on Rent/ Lease in Kalyani Nagar

1 BHK Studio Apartment, Fully Furnished with Air Conditioning ( Mess and other amenities inclusive) available for list price of Rs 25,000 rental on immediate basis.

Located near Gold Adlabs in Kalyani Nagar, preference to Senior Citizens

3 BHK on Lease/Rental in Ganga Orchard

1290 sq ft, 3 BHK available for lease/ rental in Ganga Orchard, Koregaon Park Ext. Flat on 7th floor, pool facing, garden facing

Commercial Complex in Tilak Road

2500 sq. ft Complex on first floor available for sale with list price of Rs 9000/sq. ft

Commercial Complex in Sinhgad Road

650 Sq. ft hall on first floor of Commercial Complex, Road Facing with all other commercial requisites.

List price Rs 50 Lacs ( Negotiable)

Property Boom Shifting to Pune

Located on outskirts of Maharashtra, Pune is fast emerging as one of a common hunting ground for the multinational companies. This has made the city a hot commercial property market for the past few years. Indeed, several factors are there accountable for bringing Pune real estate investment in the limelight. The list includes low rate of interests in banks, fixed deposits, falling returns on mutual funds.
Pune property market possesses immense potential which is further evident by its comprehensive growth that is believed to shoot up more in approaching years. Despite being a small city, it’s not at all rare to spend a day in Pune viewing at a series of big malls and array of big buildings which showcases the fast development taking place.
Also known as the Queen of Deccan, Pune features an ideal blend of climatic conditions and infrastructure which is conducive for the growth of the industries, which, further gives a boost to residential property values here. Property prices at most important locations of Pune are firming up in the wake of demand from the information technology sector. Many big names in the automobile, IT and BPO sector have set-up there operating centers here.
What adds to the advantages for the Pune city is its proximity to Mumbai, the financial capital of the country. This also stands as one of the major reasons for the property market in Pune witnessing new heights and grabbing the attention of the real estate developers.

Blog

Condominium

A condominium, or condo, is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned while use of and access to common facilities in the piece such as hallways, heating system, elevators, exterior areas is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece. Colloquially, the term is often used to refer to the unit itself in place of the word "apartment". A condominium may be simply defined as an "apartment" that the tenant "owns" as opposed to rents.

"Condominium" is the legal term used in the United States and in most provinces of Canada. In Australia and the Canadian province of British Columbia it is referred to as strata title. In Quebec the term "syndicate of co-ownership" is used. In England and Wales the equivalent is commonhold, a form of ownership introduced in 2004 and still uncommon in most places.

Technically, a condominium is a collection of individual home units along with the land upon which they sit. Individual home ownership within a condominium is construed as ownership of only the air space confining the boundaries of the home "(Anglo-Saxon law systems; different elsewhere)". The boundaries of that space are specified by a legal document known as a Declaration, filed of record with the local governing authority. Typically these boundaries will include the drywall surrounding a room, allowing the homeowner to make some interior modifications without impacting the common area. Anything outside this boundary is held in an undivided ownership interest by a corporation established at the time of the condominium’s creation. The corporation holds this property in trust on behalf of the homeowners as a group–-it may not have ownership itself.

The primary attraction to this type of ownership is the ability to obtain affordable housing in a highly desirable area that typically is beyond economic reach. Additionally, such properties benefit from having restrictions that maintain and enhance value, providing control over blight that plagues some neighborhoods. Big cities, including San Francisco, Chicago, New York City, Los Angeles, Miami, Atlanta, Calgary, Seattle, Mississauga, Edmonton, Vancouver, and Toronto, are major condo users.

Overview

Typically, a condominium consists of multi-unit dwellings (i.e., an apartment or a development) where each unit is individually owned and the common areas, such as hallways and recreational facilities, are jointly owned (usually as "tenants in common") by all the unit owners in the building. It is also possible for condominiums to consist of single family dwellings: so-called "detached condominiums" where homeowners do not maintain the exteriors of the dwellings, yards, etc. or "site condominiums" where the owner has more control and possible ownership (as in a "whole lot" or "lot line" condominium) over the exterior appearance. These structures are preferred by some planned neighborhoods and gated communities.

A homeowners association, consisting of all the members, manages the condominium through a board of directors elected by the membership. The same concept exists under different names depending on the jurisdiction, such as "unit title", "sectional title", "commonhold," "strata council," or "tenant-owner's association", "body corporate", "Owners Corporation", "condominium corporation" or "condominium association." Another variation of this concept is the "time share" although not all time shares are condominiums, and not all time shares involve actual ownership of (i.e., deeded title to) real property. Condominiums may be found in both civil law and common law legal systems as it is purely a creation of statute.

The restrictions for condominium usage are established in a document commonly called a "Declaration of Condominium". Rules of governance are usually covered under a separate set of Bylaws. Finally, a set of Rules and Regulations providing specific details of restrictions and conduct are established by the Board and are more readily amendable than the Declaration or Bylaws. Typical rules include mandatory maintenance fees (perhaps collected monthly), pet restrictions, and color/design choices visible from the exterior of the units. Condominiums are usually owned in fee simple title, but can be owned in ways that other real estate can be owned, such as title held in trust. In some jurisdictions, such as Ontario, Canada or Hawaii USA, there are "leasehold condominiums" where the development is built on leased land.

In general, condominium unit owners can rent their home to tenants, similar to renting out other real estate, although leasing rights may be subject to conditions or restrictions set forth in the declaration (such as a rental cap for the total number of units in a community that can be leased at one time) or otherwise as permitted by local law.

India

Condominiums are more commonly known as "flats" in India. This type of housing is very common in big cities like Mumbai (Bombay) but not very popular in rural India.Actually, they are registered as "co-operative housing society" rather than condominiums in that the owners actually have a share of the co-op and not the actual real estate itself.Owners can sell the "share" in the open market, but they have to get the approval of the co-op to complete the transaction.

Sale 2 Bhk and 1 BHK at Konark Campus Viman Nagar

Sale 2 BHK 1047 sft at Konark Campus
Rs 44 Lacs KL

Sale 2 BHK Front facing at Konark Campus
Rs 47 Lacs AM

Sale 2 BHK front facing 2nd floor at Konark Campus
Rs 48 Lacs KL

Sale large 1 BHK Konark Campus Rs 32 Lacs AM

Very large 2BHK for Sale in Viman Nagar at Camelot

Requirements from My Clients

1  For Purchase Outright - 2500 to 3500 sft for Doctors 
    Consulting Clinic in Viman Nagar. Nagar Road
2. For Lease 2 or 3 Bhk for Service Apts in Viman Nagar

3  On Lease for Car Automobile Showroom 
    5,000 sft + 4,000 sft workshop
4  Any JV Proposals anywhere in Pune for Land
5  Any Outright Flat in Lunkad Orchids or Lunkad 
    GoldCoast or Lunkad Amazon

6  Any Outright Flats in Konark Campus or Clover Acropolis

Ganga Satelite Wanowrie 3 BHK Apartments for sale

Ganga Satelite For Sale 3 BHK Wanorie 
Price 75 Lacs

Row House 3 BHK for Sale at Viman Nagar

Viman Nagar 3 BHK Row House for Sale 
Price 65 Lacs

Beuna Vista at Viman Nagar

Beuna Vista 3rd floor 2 BHK or Sale in Viman Nagar
Scenic View Area 1150 sft Rs 45 Lacs

Sophronia 3 BHK for Sale at Kalyani Nagar Price Rs 90 Lacs

Sophronia 3 BHK for Sale at Kalyani Nagar
Price Rs 90 Lacs

2 BHK Furnished Rental Flats in Kalyani nagar and Viman Nagar

Viman Nagar

1, Viman Nagar 2 BHK Furnished - 20,000 / - Lunkad Colonade   SN

2, Viman Nagar 2 BHK Furnished - 17,000 /-  Konark Campus     AM
3,  Viman Nagar 2 BHK Furnsihed - 19,000 / - Neco Gardens       KR

Kalyani Nagar

1 Kalyani Nagar 2 BHK  Furnished  - 22,000 /  Silver Oak  JD
2 Kalyani Nagar 2 BHK  Furnished  - 25,000 /  Fortaleza    AA
3 Kalyani Nagar 2 BHK  Furnished  - 25,000 /  Kumar Sophronia JD 9th floor
4 Kalyani Nagar 2 BHK  Furnished  - 22,000 /  Kumar Kruti      JD
5 Kalyani Nagar 2 BHK  Furnished  - 38,000 /  Lunkad Sky Lounge AZ

The Real Estate Market of Pune

Unlike other major cities, Pune’s realty sector has seen a steady rise both in residential and commercial market. The Pune realty developers believe since the city initially not being a major realty destination, it doesn’t go with the forcast to experience fall in realty values. Instead the demand will outgo supply in coming times.

With rise in IT and BPO hubs , the areas closer to Kalyani Nagar and Baner have a huge space for concept development and advertising which is attracting more investors by day .

For more on Pune Real Estate please click here

Property seen in India

The housing demand in top 30 cities was estimated at 4.9 lakh units during 2009 which projected a growth of 17% in 2010 to 5.8 units aided by economic growth, investments, customer confidence and increased affordability. This simply rules in that demand for housing is only going to grow in coming times at a steady pace until 2014.

Forcasted demand is seen at 6.8 lakh units in 2011 (18% growth over 2010), about 8.1 lakh units in 2012 (19%), 9.8 lakh units in 2013 (near 20%), and 11.8 lakh units in 2014 (about 20.6% growth).

The 30 cities include large macro markets such as NCR, Mumbai, Bangalore, Chennai, Pune, Hyderabad and Kolkata as well as smaller cities such as Ahmedabad, Jaipur, Cochin and Nagpur. The selection of cities was based on an analysis of economic activity, infrastructure and population growth and presence of organized real estate developers.

As per Global real estate consultant, “The pan-India residential demand for the period 2010-2014 is estimated to be about 4.25 million units (cumulative), of which mid-range and affordable sectors continue to capture a significant share of 70%“

For more information on latest report ,please click here