Gera Developments

Gera News

Gera on panel to revise national housing policy

Times of India - February, 2005

Pune builder Kumar Gera has been appointed a member of the task force constituted by the Union Government to update and revise the National Housing and Habitat Policy (NHHP), which was approved by it in 1998.

A statement issued here on Thursday by the Confederation of real estate developers’ association of India (CREDAI), says the task force has been asked to draft the revised policy by May 2005. The main challenge before the task force will be to recommend the broad parameters for model by-laws and regulations to boost housing and remove legal impediments, if any.

Several states have acted upon the recommendations of the 1998 NHHP and these have had a significant impact on the housing and real estate markets across the country.

Some of these recommendations were: the repeal of the Urban Land (Ceiling and Regulation) Act, 1976; introduction of Section 80-1B under the Income Tax Act, empowering architects to sanction plans, lowering of stamp duty, etc.

Residential Projects

Gera's Regent Manor - Baner, Pune Gera's GreensVille - SkyVillas - Kharadi, Pune Gera's Astoria - Panjim, Goa Gera's Park View 1 - Kharadi, Pune

Commercial Projects

Gera's Imperium II - Panjim Goa

Projects for Lease

Gera's Greensville - Kharadi, Pune Gera's Atur Park - Koregaon Park, Pune Gera's Classic - Koregaon Park, Pune Gera's Serenity - North Main Rd., Near German Bakery, Koregaon Park – Pune Gera's Grand - Salisbury Park, Pune Gera's Emerald City - North – Kharadi, Pune

5-Year Warranty on Real Estate

"I decided to book a flat with the Gera Project coming up in Baner because – I wanted a spacious flat and the area of 1600 sq/ft is very attractive. The layout of the house is also very good. I like the spacious bathrooms and the utility rooms that are provided. The project is nicely situated. Just a little inside from the main Baner road without ..

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- Manjusha Luktuke - Persistent Tech.
"I decided to book a flat in Emerald city, Baner, because of it’s good layout and design. I really liked space utilization done with underground parking which leaves a lot of open area for children playground. The design of the flats is also good with lots of privacy for each flat and good room layout. Baner is a good choice to take flat in with A..

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- Gargi Basak - Persistent Tech.
"I found the entire team of Gera Developments totally professional in their approach. Each of the persons knew their jobs, which made things most convenient for us."..

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- Mrs. Vanessa Tucker- Gera Gardens II, 409 /10
"… like any other Indian middle class family whose dreams are bigger than their earnings, we were wary of the cost and the trust as we ventured to invest in an apartment. We were quite sure we would be unable to settle our above two concerns in one single project. That was till we met Gera. Not only did we find their Astoria well planned but also ..

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- Dr. Phabhudesai – Customer of Gera’s Astoria