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Gera in News


Times Of India { Property Times } Page 01 - 1 January, 2012

With the Development Plan finally set to take off, effective implementation is essential to ensure smooth expansion of the city, says NEHA DANI With Chief Minister Prithviraj Chavan approving the long-pending Development Plan Pune has a reason to cheer. Realty experts have reacted positively to the move and are hopeful that it will ensure planned development for the city. Shantanu Mazumder, Branch Head - Pune, Knight Frank India says, "It will ensure that the fringe areas under the DP will start to have planned growth with physical and social infrastructure like roads, water, waste management, schools, hospitals, public garden, shopping arcade, etc. by Municipal Corporation benefiting the residents. It will also address the pending issue of new roads, flyovers along with the provision for reservation for new initiatives, which will directly benefit the residents of these areas." Ravi Ahuja, MRICS, Executive Director-Development Services, India, Cushman & Wakefield says, "The Development Plan (DP) for the city will help in accelerating the growth and development of 23 villages. As per the Plan, the city has been divided into six sectors for better planning and marking infrastructure. The draft DP for the old city has proposed 99 reservations, including 20 parking places, in the congested 'peth' areas. A total of 14.5 hectares of land would be reserved in this area. These 99 reservations have been marked in Sector 1, which include all the peth areas. The DP has also made reservation for a Film City area, which has been proposed in Erandwane area. The Film City has been marked in sector 3 that include areas such as Kothrud, Erandwane, Paud Road, Warje and Shivajinagar." According to Mr Ahuja, the plan proposes to increase the permissible height for high-rises in the established parts of the city from 100 meters to 150 meters and the state government has offered a rate of 2.5 FSI for MHADA schemes. Highlighting its impact on the real estate market of the city, Mr Mazumdar feels, "The approval of the DP will definitely benefit the realty sector. Supply in the market will rise once additional land comes for development under the new development plan. Furthermore, some of the illegal construction activities going on in fringe areas will come to an end since the development rules in the fringes were not very welldefined and now with Municipal Corporation controlling the development, will regularise all these developments." Mr Ahuja feels that the Plan would be able to provide a solution towards the increasing demand for homes and diminishing availability of space. City developers are looking forward to this long pending move. However, they feel there will be no price corrections in the Pune real estate market. Lalit Kumar Jain, CMD - Kumar Urban Development Limited and National President, CREDAI says, "Basically, the DP has just been sanctioned. The results will be seen once it is implemented. However, it is a first positive step. The implementation will create good supply of infrastructure like roads, which will ultimately benefit the real estate market." Speaking of the FSI schemes planned in the DP, Mr Jain says, "The DP is still not open to the public and hence things are unclear. Once we know more, we can discuss it." "DP is an essential document which will ensure holistic growth with growth of infrastructure like roads, gardens and good drainage system among other things," says Ranjit Naiknavare, Director, Naiknavare Developers. Mr Naiknavare is of the opinion that it will not impact the prices. However, there will be greater supply with maximum projects on offer. He says, "Due to inflation, the construction costs have risen ultimately affecting the prices. The growth in supply and proposed FSI schemes will ensure better competition. However, the FSI schemes will not affect the realty industry much." On a different note, Rohit Gera, MD, Gera Developments says, "The DP will be more of an advantage to the administration as they can implement and sanction the rules and reservations; certain approvals that were delayed due to DP will get cleared, helping in the overall growth of the city. There will be no major impact to the realty industry in terms of prices." Much now depends on the implementation of this all-important plan for Pune. Hopefully it will make a difference.

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First of all I would like to thank  you  and the Gera team for organizing different workshops at our doorstep.
The best thing I have done to my kids is that I  took a right decision to buy a flat in Gera.
Because of this decision , Vishnu could attend  the development workshops that were conducted.
Vishnu was a shy child who didn't like to participate in any of the programmes.
As far as Dale Carnegie workshops is concerned   it  has given him a lot of confidence and was presenting things in a much better way and I can see a lot of improvement in him.In simple words u made a person(..

My son Tattva had been enrolled in the intermediate level and has been coached by the Vishwanathan Anand Chess Academy coach . Tattva has made remarkable strides and will be on his way to get his FIDE rating in November. A lot of credit goes to the mentor for his unique way of handling his students. He has been very patient while working with Tattva on his areas of improvement. In addition before the tournament the coach had voluntarily added additional classes and doubled his efforts to get a better performance out of Tattva. He has shown complete ownership which is commendable. I hope he continues to develop more and more chess players in the coming days.


It's a wonderful experience with the tennis academy and my daughter liked it. Also she is getting good training and love for the game.
The coaches are good and we would continue using their expertise for Nishita going onwards. We are also looking forward for signing (actually instrument) and dancing coaching too.


This is to share with you that both my little girls (Aditi Anisha) are really enjoying their Tennis classes at the Mahesh Bhupathi Tennis Academy.
I always find them very excited whenever there is TENNIS CLASS, and this excitement matters to both of us, as the kids seems to be interested.
It’s nice to see them constructively engaged, and coming home happy and having felt productive in their own child little way. It’s a great way for them to bond with other young ones and feel belonged to a larger community.
Thanks to You, Gera Developments and MBTA for giving our young ones, an opportunity for a wonderful learning experience.
Now they are looking forwar..

Regarding the workshops & different academy sessions, it has been wonderful experience so far for Shlok and we’re looking forward for the new opportunities.
It’s absolutely fantastic to have all these academies in the premises, and that too from the renowned personalities, so we can send kids without worrying about other factors like safety & all.
And most importantly, a big thanks to you for the lovely follow-ups & timely updates about the upcoming/ongoing sessions.