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28 May 2014

Why Should you Invest in Commercial Projects in Pune

The scene for commercial property in Pune is getting hotter by day. If you have any plans on cards to buy property in commercial projects in Pune, then here is something which might help! We present to you, why should you get closer to investing in commercial properties!

1 . Great for income & Returns

There is a nothing like a commercial property for substantial financial benefits – long term leases, business profit and capital gains. However, the property has to be invested in wisely, with an expert’s advice. Having done that, there is an incredible income potential and long term security with high returns on leases. 

2. Less Competitive

Inspite of the unlimited opportunities in commercial real estate, commercial projects in Pune are often overlooked. That is why this segment is comparatively less tapped than residential properties, which hog the limelight when it comes to owners and investors.



3. Better Opportunities, Better Investments

The best part about commercial projects in Pune is that the place where you invest does not matter much like in a residential property. That is because leases on commercial properties tend to be longer than on residential properties.

4.  Different Process of Value Appreciation

Rates for commercial property sales are determined based on how revenue is generated at that particular location, and then compared to that of similar commercial properties in the area. This process is unlike that of residential properties. 

Among commercial projects in Pune, Townsquare by Naiknavare Developers Pvt. Ltd is a very popular one. Located in Viman Nagar, it is a perfect place for businessmen to grow their business. At the same time, because it is not one of those typical commercial projects in Pune, consumers too get a pleasant and memorable shopping experience here. As it is based on the successful Australian & European models, it provides a perfect setting for consumers as well retailers to thrive! 

2 May 2014

Industries Spur New Ideas and Projects in Chakan

Any person familiar with the Pune of old will tell you that once the only two things associated with Chakan were Onion market and edible oil, but not anymore. This quite little suburb to Pune is fast becoming its manufacturing hub.

Maharashtra Industrial Development Corporation (MIDC) started this spurt in the growth of Chakan by setting up a Special Economic Zone there. Before anyone realised, household names in manufacturing, big international players all had registered presence there; Volkswagen Group, Daimler-Benz, Mahindra & Mahindra, Bharat Forge, Bajaj Auto to name a few. Other than these biggies there are over 750 large and small companies, including a number of automobile component manufacturers based in this area.

An area that attracts such big names and such a plethora of medium and small firms, automatically barges into the consciousness of every kind of service provider. How then can the construction industry, always known for spotting trends early on, be left behind?

The last few years have seen a big spurt in residential projects in Chakan of all types and sizes. These projects are trying to cater to the imaginations and aspirations of the upwardly mobile and ambitious youth who are actively spurring on growth in this industrial belt.

Flats in Chakan at Dwarka
One very interesting project that has come up here is 'Dwarka' by Naiknavare Developers. The most fascinating thing about this project is that it takes inspiration to be ideal and futuristic from our mythology. It has been designed inspired by the ideal city of Dwarka, built by Lord Krishna for his subjects. Spread over 130 acres, this township has different neighbourhoods and share common amenities. It has been built on the Bharat Pattern of urban planning.

This project is a must explore for anyone who wishes to see the richness of our mythology turn into a practical modern day township.
 

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