Dream Homes Pune

Get 10 and 20 Grams Gold Coin Free on Booking of 3 BHK and 4 BHK Flats in Pune.

Project Name: Jazz
Property Type: Residential Flats.
Configuration: 2 BHK and 3 BHK.
Area: 2000 sq.ft to 3000 sq.ft

Price: Please contact

For more details about this property contact us:
Mr. Shakeel
022-61880478/ 8689999053
My Property Stores

need to be efficient to trigger sector growth.

MUMBAI: Confederation of Real Estate Developers' Association of India (Credai) today said governments need to be more efficient to accelerate growth in the housing sector.

"Today, real estate sector is the largest generator of economic activity contributing 6.3 per cent to GDP and has the ability to drive the economy to a double-digit growth. But in order to accelerate growth in the housing sector, it is necessary that governments at all levels work efficiently," Credai Lalit Kumar Jain told reporters here.

He said the biggest hurdle in the growth of the sector was delayed clearances and approvals.

"A large number of projects are stuck for want of approvals and clearances. To add to the woes of developers, construction and labour costs have gone up significantly. However, if these approvals come on time, it will help reduce the total cost of projects by almost 40 per cent," Jain said, adding, "there is a need to focus on single window clearanc.

Due to delay in approvals, developers are not launching new projects, which in turn is resulting in inadequate supply of housing stock.

In the last 9 months (January-September), new launches have declined by almost 40 per cent, Jain said.

"On the consumer front, rising interest rates and inflation were forcing buyers to differ their property buying decision. Though the inventory level is significant, but the prices are not likely to come down unless the inflation and interest ..

in on a strong wicket.

PUNE: Announcements of five luxury residential projects in as many weeks, with homes carrying price tags of Rs 3 crore or more, hardly corroborate concerns about the economic downturn and the attendant impact on business sentiment. City developers are upbeat about the response high-end housing can evoke even amid the 'gloom and doom,' as they think luxury knows no recession.

"What sets the luxury housing apart is location, space, exclusivity in design and amenities and, of course, the company you keep when living in these residences," says Arun Nanda, chairman of the board of a diversified Indian business house with interest in real estate development.

4.5 Bhk for at Mangaldas road in
Location: Mangaldas Road, Pune, maharashtra 411001, india
Property Description:
Property type: Banglow / plot
Area: 5300 sq ft
Rooms: 4.5 bhk
Age of Property: Ready to move
Price: 9 crore (Negotiable)

For more details please contact us:
Ms. Laxmi
Land line: 022-61880464
Mobile: 8689999053