The real estate market in Pune has been stable for the last couple of months and is expected to grow by 12-15 per cent during Dussehra and Diwali, according to industry experts. Private property developers and real estate body Confederation of Real Estate Developers Association of India (CREDAI) are of the view that the market will only improve in the coming days and report double digit growth. As per industry figures, the average sale of 8,000 units per month in Pune will see a 12-15 per cent growth. Developers are not only hinging on the positive traction in overall investor climate in the country but also on the urge among people to buy during the festival. Managing Director of real estate company Gera Developments Rohit Gera said there has been a positive traction in the real estate industry prior to the festival which will only grow in the coming months. He said there was “an amazing response” to the new luxury residential project of the company, Gera Trinity, with some 85 bookings in the 250-flat complex over the past 5-6 days. “There is not only a positive market sentiment but also a demand, particularly for luxury. Ours is luxury property and people certainly have a preference for a better brand,” he said. “Gera Trinity is under construction and we will restrict bookings to 100 apartments, which will happen in the next few days. We will start the booking again, once the project is completed,” he said. Director General of CREDAI, Pune-Metro, Dr D K Abhyankar said the market has been stable in the last couple of months and will only improve. “The market is stable particularly because of the slew of measures like reduction in interest home loan rates. It will only improve during the festival season. The market improvement is expected to continue for the next six months,” he said. Anuj Bhandari, Director of B U Bhandari Landmarks said that the past month had seen a slew of projects being launched. “More than eight projects were launched in the last one month and there will certainly be a growth in the market between Dussehra and Diwali. We are banking on the inclination of people to invest during the festive season.”
It has been a wonderful experience in owning a commercial space at Gera's latest offering in Goa GERA GRAND.
How has your experience been of owning a commercial space with Gera?
My experience has been excellent. I have purchased an office in Gera’s Imperium 2 and a s..
Having a commercial space in and around Panjim was our long desire and this could be possible with Gera’s.
Patto Plaza has ..
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...