PUNE - A beautiful home for everyone

Pune is the second largest city in Maharashtra and the eight largest city in India. It consists of two municipal corporations, Pune and Pimpri Chinchwad. This city has an impeccable record of highest growth within a span of 20 years.

Pune has always played an important role in India’s economic development. Pune has a lot of developing industries, the automotive industry being the most influential. IT and education are the other major sectors here. It is known as the Oxford of the East. Because of the presence of a number of educational institutes and colleges, Pune has a very cosmopolitan, young and urbane crowd. Due to its rapid growth rate, this metropolitan city is attracting various IT companies to set up their base and corporate offices here. As IT industry is growing, the job opportunities are tremendously increasing for the newly graduates and IT professionals.

With a population of over 3 million people, Pune has seen numerous and diverse housing and property developers; Kumar Properties being a renowned and established brand. Founded in 1966, Kumar Properties have come a long way from starting as rental estate developers to becoming pioneers in the field of construction.

We have a diverse enterprise and are involved in the construction of IT parks, malls, commercial buildings, commercial malls, bungalow projects like Palm Springs, apartments and luxurious complexes like Megapolis and Princetown Royal. With over 130 projects and a huge family of about 30000 happy customers from different backgrounds, we do not believe in mere construction but the creation of complete living. We always aim at providing latest amenities and facilities that last for a lifetime with little maintenance. 

Changing your dreams into homes since 50 years, come join us at Kumar World!

Smart homes in Pune

What is a smart home?

Smart homes are basically a residential units which are centrally located and have

easy access to all the resources.

Why do people prefer smart homes?

Development of the IT sector, existing and increasing educational and employment

opportunities has led to exceeding number of professionals as well as students

migrate to Pune.


It’s perfect for less number of people - For the ones who aren’t quite happy sharing

their homes with others, this is the best way out. The space would suffice the main

purpose. It’s comfortable and hassle free.

Less expenditure - The rate as well as the rent of such spaces will mostly be in the

right range. So, no affordability issues either.

Resources - Usually, all the resources you need- school, park, medical care and

many more is at a hand’s reach.


Megapolis, Pune:

A number of ongoing and upcoming residential projects in Pune are implementing

the idea of smart homes. Megapolis smart homes in Hinjawadi are attracting many

investors. These homes come with other amenities such as club house, gymnasium,

swimming pool, etc.

IT professionals in Pune, specially, who are necessarily occupied with their work

commitments, have are seen choosing Megapolis as their home. They are assured

with top notch education and co- curricular activities for their kids. For example,

Pawar Public School here provides education, the Mahesh Bhupati

Tennis Academy offers multiple tennis programs at reasonable rates. Apart from

these, other facilities such as shuttle service, shopping arcade, etc. are also made

available for the residents here.

Smart homes I- Sparklet, Smart homes II- Sunway and Smart homes III- Splendor

are the completed projects at Megapolis. Recently, they have announced the pre-
launch of the new range of smart homes: Smart homes IV in Megapolis.

References: https://www.megapolis.co.in/

Affordable housing in India

With the hike in property prices, investing in a desirable one might just seem a

dream to many. This is a commonly observed trend in all of the metropolitan cities

of India. An increasing number of NRIs are seen coming back and buying priced high

properties here.

Unlike them, most of middle class and upper middle class residents here fail to afford

the properties they wish to buy. The market prices do not match the affordability at

times, whereas, some other times, the spaces do not stand up to the price we are

willing to invest. Seems difficult, right? Here’s how you can make affordability and

your dream property meet each other on a common ground. Well, almost.

Target non-metropolitans –

It is rather obvious for professionals to settle for a property investment in a

metropolitan. It is reasonable as well. But, try and think about the benefits of making

a purchase in a city, and not a metropolitan. It doesn’t need to be Mumbai or

Bangalore. Target the big cities around instead. Pune, Nashik, Bhopal, Vadodara,

Coimbatore among a few others have property spaces that are affordable and

spacious.

Know your needs -

People often buy a property by simply following the trend. Think about what you

really expect of a property. Is it that not-so-useful club house, or the locality?

Townships are undoubtedly upright. However, don’t be scared to consider a

property that’s on resale. They can be just good enough. And of course, needless to

say, affordable too.

Plan -

You need to plan it right. Be well informed, do your research. Consider all the

finances- EMIs, interest, insurances, taxes and your other finances. Once you plan

and analyze every financial bucket efficiently, you’ll certainly be a few steps closer

to making the investment.

Out of vicinity -

If you think you just can’t buy a housing elsewhere, and if you are someone who

doesn’t mind driving those few extra miles every day, then choosing one on the

outskirts will also help. Again, do your research before you invest in something that’s

not located centrally.

Build your resources -

It is okay to go with your instincts, but it is important to think and rethink your

decision. Get in touch with the right builders. And to be absolutely sure, always go

for that second opinion.

Keep yourself updated all the time. It’s a long, tedious process. But it’s a lifetime

investment. Do it right.

Real Estate - Growth, Strategy and Performance

Buying homes, selling plots or even renting- there are lot of parameters that need to be taken into account. Let’s shed some light on the realty scene in Pune.

Growth

2014 and 2015 witnessed a number of ups and downs in the real estate market. The demand for investing in properties in 2014 was higher than 2015. More than 200 projects were launched just in 2014. Last year, the demand went comparatively down. However, according to statistics, the property rates have been more or less the same, which is why, the year has nevertheless been rewarding for the developers.

Hinjawadi and Moshi, which happen to be unknown localities are also attracting developers and investors. A lot of investors are also expanding in Lonavala and localities nearby.

Strategy

Compared to the other metropolitan cities of the country, the buyers strongly believe that the property rates are reasonably affordable for the property size in Pune. Most of the property units are medium-sized, which makes it very convenient and practical for the buyers to invest in these units. Most of the developers are flexible when it comes to housing loans, which is also creating customer satisfaction for the investors.

Performance

A lot of underdeveloped localities in Pune are witnessing upcoming projects by reputed builders. Wagholi, Moshi, Pisoli and Hadapsar among few others are recent examples of this development. On the other side, the areas with infrastructural efficiency like Baner, Boat Club Road, and Kothrud among others, have a number of ongoing projects where development of luxurious residential and commercial spaces is witnessed. 

A few US based developers are also keenly taking up luxury home projects in and around Pune.

As of now, investing in properties in Pune seems the right time, majorly because of the affordability. Thanks to the IT parks, even semi-rural and underdeveloped localities of Pune are now major real estate hotspots.