Pune Mirror

Millennial buyers, a�ordable spaces contribute to boost in real estate salesTHE CHANGING FACE OF PUNE'S REAL ESTATE INDUSTRY

une, a city where the traditional Pand contemporary blur lines quite seamlessly, is home to

architectural wonders that are steeped in history and also mirror the future. The ever-evolving and fast-growing real estate market of Pune, is changing the skyline and landscape of the city, offering new innovations, designs, and bespoke residential and commercial spaces. Gudi Padwa is an auspicious occasion to invest in homes and properties, and therefore, Pune’s leading real estate company ANAROCK and CREDAI-Pune Metro weigh in on the changing trends of the industry.

More people want to buy their own homes During the pandemic, people have

realised the importance of owning their own homes and are opting for larger homes with balconies, extra bedrooms, WFH facilities and recreational spaces. “Many unsold stocks were sold in 2021 with NRIs looking to invest in properties in India. As per the survey, sales have increased by more than 40 per cent in 2021-22 due to stamp duty concession by 2-3 per cent offered during the COVID period, along with a stamp duty waiver for women buyers, PMAY and other benefits in affordable housing,” informs Anil Pharande, President, CREDAI-Pune Metro.

Echoing similar sentiments, Kapil Gandhi, PR Convenor, CREDAI-Pune Metro adds, "The extension in the period for a waiver in stamp duty to three years has proved beneficial for investors. It is helping those who would sell their properties within a short time and is a positive step for the real estate industry." With the Maha-Metro Rail coming into the picture, home-buyers are now opting f o r r e s i d e n t i a l a n d c o m m e r c i a l establishments close to t he metro stations.

Pune’s real estate market appeals to global investors

Ad it i Wa t ve , C it y H e a d – P u n e , ANAROCK, shares, “Pune’s strength as a property market are its three-pronged e c o n o m i c s d r i v e r s — I T / I T E S , m a n u f a c t u r i n g a n d t h e s e r v i c e s

Watve says, “Traditional sentiment and attractive festive discounts and offers from developers do help to spike up demand during the festive season. For serious homebuyers, the festive season is always an optimal time to get the right properties at the right price.”

Pharande adds that the festive season is a prime time for home-buying and like ever y year, t his year too, t hey are expecting a rise during festivals.

industries. While the residential real estate asset class is strong in Pune, it has a close symbiotic relationship with the commercial segment which drives job creation in the city.”

Pune’s real estate market got its initial boost from the IT sector, beginning with the launch of the Hinjawadi IT Park. The MIDC manufacturing belt boosted the demand for affordable housing. Pune’s commercial real estate market also gained strength over the years.

Pandemic and real estateAmid the pandemic, Pune’s residential

market was one of the least affected cities. “Being far more affordable than Mumbai and matching the financial capital in terms of economic activity, Pune emerged as one of the most prolific property markets during the pandemic. The Maharashtra government’s limited-time stamp duty cut was a tremendous demand booster, but housing demand has remained vibrant even after that,” adds Watve. Pune developers not only showed extreme resilience during the pandemic but also geared up to offer infrastructure that is more technologically advanced.

Changing customers and homebuyersThere is an increasing dominance of

large, organised developers, whose projects see the highest demand in Pune. There has been a comeback of millennials as homebuyers – a major development since most millennials previously preferred to rent rather than buy homes.

F e s t i v e t i m e boosts real estate sale

P u n e ’ s r e a l estate market w i t n e s s e s a spike in sales during the f e s t i v e season.

We want to depict the spirit and vibrant culture of Pune, while glorifying its rich heritage and legacy through our architecture

and designs. At 7 Business Square, we are opting for the materiality, layout, and geometry of the building in such a way that it is in tandem with Pune’s identity and heritage. - Anand Naiknavare, Head Business Process, Naiknavare Developers

ADVERTORIAL, REAL ESTATE PROMOTIONAL FEATURECIRCULATED WITH PUNE TIMES MIRROR

PUNE, SATURDAY, APRIL 02, 2022

The era of growth & development: Pune the city of God Ganesha, the educational and IT hub of India is on a threshold of a very progressive era in terms of real estate and

infrastructure. During the Pandemic also, all markets of the city had shown excellent growth. There are opportunities everywhere and the prototype customer has become smarter and choosier for the perfect selection of their residential as well as commercial requirements. - Rajesh Kumar Sakla, CMD, Siddhivinayak Group

TO BOOK A SPACE IN THE NEXT SPECIAL ISSUE, CONTACT: +91 9699321042

*Inputs from CREDAI-Pune Metro and ANAROCK

It is encouraging to witness Pune’s realty scene growing by leaps and bounds. Since the past few

years, we have been experiencing a sharp rise in investment from first time buyers. At Planet I Realty, we are dedicated to contribute to this scene by acquiring and developing land with top notch amenities. - Bipin Bhandari & Gunesh C. Sancheti, Directors, Planet I Realty

As a developer, I’ve witnessed that the overall sales have been boosted by government-supporting

schemes, post-COVID. On Gudi Padwa, which marks a new beginning, people have been investing in new properties. This Gudi Padwa will be special for every developer. We at Triaa, advise everyone to invest in the right property. - Ankit Goel, Director, Triaa Housing

Pune has always been a lucrative destination for the real estate sector due to its value-oriented return of investments. In terms

of pricing and rentals, post pandemic the market is heading towards stability in both residential and commercial segments. Don’t wait to buy real estate, buy real estate and wait! - Sachin Agarwal, Director, Raviraj Realty

Realty Wise 2Saturday, April 02, 2022


15 LACSonwards15 LACSonwards

A lifestyle opportunity called ONE!here are those rare occurrences

Tthat stop us in our tracks, make us hold our breath and give us this

sense of being frozen in time. We call them our once-in-a-lifetimes. Because that is exactly what they are - things that happen only once in a lifetime.

One of Pune's leading real estate conglomerates, the Goel Ganga Group, has recently brought just such a lifestyle opportunity to Pune - a premium, high-end, luxury project called, very aptly One Boat Club. Boat Club Road is, arguably, Pune's finest residential road, bar none. The Royal Connaught Boat Club, established in 1868, presides over this leafy, grand stretch of genteel living. And residents, especially those living on the river side of the road, are treated to a daily experience of calm, sophisticated

elegance.

There was, however, an entry barrier to those who wished to live on Boat Club Road - there simply weren't any new homes available. And there was definitely no project that was being constructed on virgin land.

So, people who desperately desired a dream home on Boat Club Road, faced a two-pronged problem:

1. There were simply no new homes on virgin land that were available of Boat Club Road

2. The old houses on Boat Club Road no longer fit into the expectations set of the well-travelled, jet-setting high-fliers who were looking to shift/upgrade to Boat Club Road.

Goel Ganga Group recognized the massive potential that lay dormant in the demand that people had for high-end, prestigious living on the much sought-after Boat Club Road and crafted a property to win the hearts of those who have yearned for premium living on the prime Boat Club Road.

If potential buyers had a two-pronged problem for living on Boat Club Road, Goel Ganga Group created a single-point solution in One Boat Club - premium 3 and 4.5 BHK apartments in Pune's most upscale location.

Dr. Atul Goel, Managing Director - Goel Ganga Group

One Boat Club is my personal tribute to the #OneTribe of people who have made it in life. I salute the many years of hard work, the commitment to excellence, the dedication in the face of all odds, the perseverance to battle through all challenges of this amazing group of people who we all refer to as ‘successful’. In many ways, One Boat Club is a tribute to success. But in many other ways it is also a symbol, an inspiration, a lighthouse, almost, of everything that it means to be successful. It is also the reward. That every high achiever deserves to give themselves and their family. After all, that’s what the slog has been about – a place to come home to that raises a toast to your #OneLife. Because this tribe knows that Number is Everything. And that you are either #One or why bother! That’s the kind of life we have built here. For the people who know the value of ONE!

A LOCATION CALLED ONE

Boat Club Road is a stretch of 950 meters in a city that is spread across 516.2 km².

Boat Club Road is also extremely well-connected to major commercial hubs, the airport and the best educational offerings in the city.

Boat Club Road is in the heart of Pune's most high-end shopping, entertainment and lifestyle options, and yet it is secluded from the crowds that are associated with the same.

This is the ONLY road that boasts of history, green cover, elite living and purely residential charm in Pune - now Maharashtra's biggest city.

A LIFE CALLED ONE

Three premium, residential towers.

All towers placed in the centre of the project - to give every resident the incomparable experience of living on a secluded island.

No homes looking into one another.

All towers arranged at a carefully selected angle - so that all homes have that exclusive, privileged perspective.

All homes with mesmerizing views.

Open, free-flowing spaces and landscapes carefully designed to maximise that feeling called ONE!

THE ONE HOME

An entrance lobby that defines sophistication.

A plush living area that is brilliantly designed to blend the inside with the outside.

A redolent dining area that makes every mealtime a celebration.

A kitchen that is the stuff of dreams.A master bedroom that is a haven of warmth and comfort.A second bedroom that can be converted into a den, family area or lounge.

A third bedroom that is perfectly proportioned and positioned for privacy.

A fourth bedroom that is as opulent as the master bedroom.

A beautifully proportioned servants' quarter.

4 indulgent restrooms + 1 powder room + 1 servants' toilet.

Large, stylish terrace and balcony.

Hand-picked, stylized finishes and accessories from the best global brands.



Visit: www.1boatclub.comMaha Rera - P52100019356

THE ONE TEAM

One Boat Club is brought to you by Goel Ganga Group

Over the past 40 years, Goel Ganga Group has successfully completed over 100 projects over Pune, Mumbai, Nagpur and Bengaluru.

The Group has to its credit many firsts - they were the ONE real estate company to be ISO certified before any other; they were the ONE of the first brands to bring luxury housing to Pune before any other; they were the ONE to bring a World Trade Center to Nagpur.

The Group has invaluable experience across all sectors of real estate - residential, commercial, hospitality, retail, education and more.

THE ONE PROMISE

Only the very best fittings, fixtures and specifications

Use of only the very best brands in making each one of these premium homes

A design sensibility that maximises privacy, optimizes utilisation of space and

guarantees a relaxed, yet exhilarating living experience called ONE.

THE ONE COMMUNITY

Attractive, new-age co-working spaces

Stylish gym, café, meditation zones

Stunning swimming pool

Beautifully landscaped areas including a special yoga lawn and a designated party lawn

Innovative community spaces like a Library, Climbing Wall, Creche and more

Indoor games for wholesome family fun

Community essentials like drivers' rooms, garbage room, etc

Large, stylish terraces and open spaces

A delightful hammock plaza

To convert that opportunity into your dream home, simply call on - 9766605256

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