5 Lessons from Scandinavian Homes to beat the winter blues

December is a time when most of us feel low and just wish to curl up with the books to feel better. So, we decided to cheer you up with some Scandinavian home designs that are so apt that you will get going for an awesome winter right away! Although Scandinavia is a place where winters extend for months and are long & dark, the people there manage to keep surprisingly upbeat. How do they do it? One important thing is the design. We, at Naiknavare Developers believe in creating a home environment that is conducive to happiness.

Here are 5 lessons we can draw from these homes to beat the winter blues!

1. Let the light inside your home

 As you get rid of the heavy curtains at home and let more light in your home, it certainly brings in more warmth to your home. Scandinavian interiors are designed this way as there are very few daylight hours. Hence, a must to remember point to prepare for the winter.

2. Maximize natural light in the home

Scandinavian homes are known for the white interiors and you are surely not aware of the reason why! It is because the white paint or pale shades make their homes reflect light around inside the home and the wooden flooring and polished surfaces absorb this light making the rooms warmer. This keeps a balance in the light inside the house and outside, keeping it warmer throughout winter.

3. Wood is also important

    Having some wooden furniture and some wooden artwork on display can provide that element of balance in the overall appeal of the room or the living space.  

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source – www.makeit-loveit.com

4. The candles

T   The best part of winter is the Candles in Scandinavian lifestyle! Who wouldn’t love to be surrounded by the dim light of candles with a book and a hot cup of coffee? This lovely idea can quite effectively bring a lot many emotions to life. The atmosphere turns out to be just too magical and dreamlike. 

5. The space for nature & well being

The Scandinavian style gives a lot of importance to nature. Its emphasis on having nature close to the lives of the people is an idea that is very close to the heart of the Scandinavian lifestyle. This idea brings the outdoors and nature inside your room. This is aimed at bringing the room to life and that, definitely works in winters as not many of us prefer staying out for long. That feeling of damp and sluggish ambiance is prevented by far the most through this. This surely puts a lot of things in a new perspective. 

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We hope these lessons prove to be helpful for you to prepare for the winters. 

Wait no more for a life full of celebrations at Esmeralda Goa

Whoever says that Goa is just sun and sand, or just relaxing with friends is surely unaware of the recent developments in the state. This upbeat and exuberant destination has no scarcity of things to offer you. Apart from beautiful beaches and fun filled parties, Goa offers a wonderful place to dwell as well. The overall infrastructure development and the connectivity with other important cities such as Mumbai, Hyderabad, Pune, Chennai, Ahmedabad, Bangalore and Delhi, by air, rail and road have made Goa a perfect spot to be explored as an investment destination.

Our recent residential project- Esmeralda in Kadamba, Goa is one of the finest address for the home buyers owing to its environment-friendly development. Naiknavare Developers being one of the established real estate developers in Pune, we very well understand the needs and demands of the buyers and plan each project, keeping in mind the modern trend and comfort of the buyers.

Esmeralda in Kadamba, Goa

The 70% of the total acreage of Esmeralda is dedicated to greens. The project is located in Kadamba and it is well-connected to the Karmali Railway station, G.M.C Hospital, old Goa and other prominent landmarks and areas of the city. Modern amenities like swimming pool, 24 hours security & CCTV surveillance system, covered parking, convenience shopping and many more are all designed within a gated society.

Owning a flat in Esmeralda is not just owning a home, it is way more than that. First and foremost, these ready possession lifestyle abodes put an end to the long wait for your own desired space and ensure you enjoy every single moment of life here. The features and lifestyle that Esmeralda offers its residents are best known when witnessed and experienced by the interested buyers.

For instance, having your own wall of memories is sometimes restricted when you are residing in a rented flat. We completely understand the value of such precious things that we want to do in our homes, and that is how Esmeralda could be crafted so finely for all your needs and desires. You need not hesitate in hosting a barbeque party as well! A home at Esmeralda offers all joys of life you wish to celebrate with your loved ones. From a cosy personal space to open green spaces, Esmeralda homes are a blend of healthy and luxurious lifestyle.

As Goa’s realty market is witnessing changes, buying a quality ready possession flat is a clever move. This is the right time to buy your own home in Goa.

Other than Goa, Pune too has many of the residential developments by Naiknavare Developers and our new residential project, Avon Vista is one among the list. If this interests you, you may explore this project offering flats in Balewadi. We recommend you to check the project site for detailed information.

Step Into The New World Of Comfort At Lakeshore Residency

For Punekars, the ordinary no longer attracts. Aspirations have risen, businesses have developed, and more and more dwellers of the city are opting for a higher standard of living. And that’s the very reason, Naiknavare Developers brings to you, Lakeshore Residency that meets the demands of both, the home buyers and the investors. With a gamut of modern amenities in tow, this enchanting residential project promises a living unlike the others. It offers 2 and 3 BHK ready possession flats in Talegaon, on the old Mumbai-Pune highway, which subtly provide enhanced lifestyles to the residents.

Every small and big detail has been paid attention while constructing Lakeshore Residency, so that you get the best of everything. It is one of the best options in its vicinity for the people hunting for ready possession flats in Talegaon.

Modern day- amenities and facilities are available within this housing project that make life easy and carefree right from the day you move-in. When we think about a high standard of living, we expect some state-of-the-art infrastructure and that’s what you experience at any of the ready possession flats in Lakeshore Residency.

We understand that the location of the project is extremely important for both, the buyers and investors. Hence, one must check the benefits of buying or investing in a property in any location. Talegaon is one of the emerging investment destinations of Pune. With salubrious climate, the destination is away from the hustle and bustle of the city. The place is also considered as a destination of second homes for Mumbaikers after retirement. Now, with flourishing real estate projects throughout the city, options of affordable housing projects in Talegaon with luxurious standard of living have increased. As Talegaon has potential to develop as one of the satellite cities of the country, many major international companies already have their presence in Talegaon.

Not to forget that the project where you are looking forward to invest or buy must be in close proximity to the established health care centers, school, colleges, public transport and others. With all of this in mind, Lakeshore Residency is strategically located with close proximity to schools, colleges, hospitals and temples withinss the radius of 2 Km. It is well-connected with Pune and Mumbai also.

Naiknavare Developers is one of the best builders in the city. Our projects like Eagle’s Nest, which offers row houses in Pune along with Avon Vista at Balewadi, Dwarka Township at Chakan and many others, are well-planned to offer an overall upgraded and comfortable living to the buyers.

No wonder Lakeshore Residency is one of our finest projects. It is time for the potential buyers to check the project to avail the opportunity. Explore the site and check the ready possession flats of Lakeshore Residency for a better understanding of the project and make the best call before the prices go up.

A Frame for Your Delightful Memories

A picture frame plays an important role in creating stories in a home. Each frame should be chosen to highlight an element of art in itself. The style of the photo frames should match the wall colours and décor of the space. Based on the décor theme of any of the residential projects in Pune, the frames can be simple or intricate and elegant. The right photo frames will keep the pictures in good condition for a long period of time and it will protect them from dust and damage.

Knitting a Story: A home interior is the reflection of the people who live there. Likewise, photo frames have an essential role in creating stories about the people. The style of the photo frame should match the interiors as well. For example, if one is fond of a vintage style, then vintage photo frames can be added according to the existing vintage home décor. Wooden frames and silver frames can never go out of fashion. The motifs or high polish of sterling silver adds a timeless royal touch to the ambience.

Vintage Photo Frames

Hand-pick the right frame: The presence of loved ones in a pictorial format adds emotional warmth in the house. Well, there is an art to select the right frame. Suitable choices are white or pastel, which are very popular. One can choose a frame of any size and shapes as per the size of the photo. However, one must avoid picking a frame that has strong colour as it would pull attention away from the picture. Always remember,a nice looking frame is a visual treat for all.

A clock with picture frames

Photo Collage: Selecting, editing and piecing together separate pictures can be tricky, but it gives an interesting touch. The frame can be chosen according to the theme of the pictures. If the photographs have an aesthetic frame with beautifully-carved gold leaf or white floral, it adds an intense look to the space.

A Photo Collage

While hunting for a flat in Balewadi, one must look for spacious homes. So, that one could decorate each corner according to his wish. A good photo frame improves the beauty of the wall and the memories. Other than colour, shape plays a vital role in creating the aura. With changing trends and technology, try different styles and shapes to add a variety in home décor.

Benefits of Green Buildings and How India is Transforming

The Leadership in Energy and Environmental Design is a nationally and internationally accepted rating system for the design, construction and operation of the well- performing green buildings. The system is designed to be comprehensive in scope, yet simple in operation. The real estate in Pune is slowly approaching towards sustainable development. With a variety of architectural designs and amenities provided, residential apartments, such as projects in Balewadi, Talegaon and other developing areas of Pune are grabbing the eyeballs of the buyers and investors due to the environment friendly design and surroundings of the project.

Benefits of Green Buildings:

A green home can have great benefits, of course, both tangible and intangible. The immediate and the most important benefit is in the reduction in water and operating energy costs, from the day one to the entire life cycle of the building.

Green Buildings saves 20-30% of energy and 30-50% of  the Water.
Intangible benefits are:

•    Excellent Day lighting- Day-lighting is a practice of putting the windows or different openings, so that during the day, the natural light provides internal lighting. Specific consideration is given to day-lighting while planning a building when the point is to boost visual comfort and reduce energy use.

•    Enhanced air quality: It enhances the indoor air quality and at the same time, achieving energy efficiency.

•    Health and well being of the dwellers: Data from several researches people living in green units reported less headaches, itchy eyes, breathing problems and Shaken Baby syndrome symptoms than those living in conventional homes.

•    Conservation of  the scarce natural resources.

A green building is more likely to succeed in its objective, if sustainable practices are incorporated right at the time of planning.

Chennai has set a recent  example in the green building development. The city has approximately 321 registered Green building projects. Out of which 37% are residential, 36% are commercial and 6% are railway station and the rest are few factories, landscape ad existing buildings. Chennai alone accounts more than 10 % of structures certified as eco-friendly by IGBC. Chennai has witnessed a good transformation in the past three to four years. Aiming at developing more, Chennai is ranked 4th after Mumbai, Pune and Bengaluru among the Green cities across the nation.

So, today’s trend of concrete housing material will soon be replaced by green, self-sufficient buildings and towns. The time is now demanding the shift towards a sustainable and green environment.

Is Green Housing the future of Real Estate in India?

Today, the world observes India as a land of opportunity for investment and business. Everyone needs a home to live in. And that’s the reason real estate is still booming in India. Though the concrete residential projects have increased, besides looking for the luxury properties in Pune, home buyers are paying more attention to green sustainable homes. People are recognizing the important link between green properties, cost savings and healthy living. Environmentally sustainable buildings are slowly becoming an integral part of the construction industry. Buyers have a choice to buy a house that has a minimum environmental impact.

What is exactly a Green Building?

A green building is a structure which uses less water, optimizes energy consumption, generates less waste, conserves natural resources and provides healthier living space to the dwellers as compared to the standard buildings.

22% of India’s total annual carbon emission is contributed by India’s growing housing sector. And it is surprisingly one of the highest contributors. The buildings account for 40% of the total energy consumption in India, out of which the residential projects accounts approximately 60%. Hence, it is vital to move towards sustainable development for real estate industry.

Some of the advantages of Green Buildings are:

•    Health and Wellness: Several studies and researches have shown that people staying in green homes suffer less respiratory problems as compared to dwellers in conventional buildings. So, respiratory problems drop in green housing.

•    Eco-friendly: Saves a huge amount of natural resources. Using renewable resources for construction, reuse and recycling.

•    Increased revenue: The added cost of Leadership in Energy and Environmental Design (LEED) certification is about 2-5% of the overall cost of the building. The developer can charge for “Green Building” certification but the consumer will, in turn have higher resale value and rental yields.

•    Lower costs: Green building saves 30- 40% of the power consumption. Hence, there will be a reduced electricity bill. The homes also requires 20-30% less water.

•    Government Incentives: Construction of green buildings brings good incentives from the Government to the developers that add to the value proposition for them. This incentive can be in the form of tax or premium rebates that depends upon the conditions under rating programs.

Owing to the rapid urbanisation and increased housing projects, India is currently witnessing a construction boom. In 2001, when the Indian Green Building Council (IGBC) was established, only one green building marked the beginning of sustainable buildings but now there are more than 2100 IGBC certified constructions. The overall benefits of green constructions, mostly depend on the time of its designing and initial planning. However, the emerging luxury homes in Pune are focusing more on the sustainable green housing concept.

Stay tuned for more on the benefits of Green Buildings and how the green buildings are the future of real estate in India…

Here is why you must make Avon Vista your new address in Pune!

You may be satisfied with where you are living at the moment, but what if we ask you to dream BIG?

Think of a new riverside residence right beside the Mula River in Pune that not only has 77 % vast green open space but also the lifestyle you desire. Sounds good? A comforting home is a place that we all desire to own. 

We, at Naiknavare Developers, are consistently working for the past few decades to make your dreams (read Dream Home) come true. Our ongoing project - Avon Vista is a residential housing project that is thoughtfully planned and is being finely designed to cater to your needs and desires.

While you search for flats in Balewadi, Avon Vista is the only residential property which you will find, is designed to delight sports and fitness enthusiasts. In addition to this, imagine watching your kids play within a secure residential premise and enjoying their childhood in the best possible manner. We understand the need of a secure living in a metro-city like Pune and that is where we have planned most of the amenities of this project to be child centric.

Undoubtedly, it will be one of the most sought after residences in Balewadi. Its close proximity to the areas like Wakad, Hinjewadi, Aundh and reputed educational institutes at short distances makes Avon Vista a strategically located project for you and your family.

If you are wondering about the layout of the project, you must read further.

As you enter the project area, you will notice the well-designed array of greens. The 21-storey buildings comprise of spacious 2 & 3 BHK flat for sale in Pune. The availability of top-grade specifications like modular kitchen with smoke detectors, sprinkler-security system, 24 hour power back up, Vastu positioning (all apartments are east-west oriented), video door phone facility at the main door and more things are planned and structured to offer a stress free lifestyle to the residents. Beyond the joy of smooth living, Avon Vista ensures a dynamic living with a perfect arrangement of outdoor amenities like swimming pool, yoga room, modern equipped gymnasium, squash court, skating,  children’s play area, tennis court, jogging court and more.  The 24x7 CCTV camera ensures the safety of your elders, parents and children too. Parenting will no more be a hectic task while staying at Avon Vista.

We understand your need and while planning and constructing a new residential complex, we pay attention to the minute details that hold importance to every niche of your life. So, if you plan a home amid the serene and green environment of Balewadi, now you  know where to check for your dream home.

Get your desired home in the midst of natural beauty at Lakeshore Residency

Are you interested in exploring residential spaces in an accompaniment with the nature? If yes, then we have an incredible residential option for you in the form of Lakeshore Residency, which is our on-going residential project in the Talegaon area near Pune. You will be able to experience a sophisticated lifestyle over here. We offer capacious 2 BHK and 3 BHK flats at Lakeshore Residency. 

You can rejoice in the pleasant company of nature with your desired home at Lakeshore Residency. The lush green natural beauty, surrounding the project will attract you and will also be eye-pleasing. At any time, if you want a change from your busy working schedule, you can go for a walk with your friends and family. 

The amenities provided at this project are provision of large public space for hosting functions and get-togethers, amphitheatre, landscaped garden, multi-purpose hall, private party area, convenience shopping and generator back-ups for lifts and pumps. Besides, environment-friendly amenities such as rain-water harvesting, garbage convertor and reticulated gas system will attract many home buyers. Lakeshore Residency is an incredible on-going residential development that has enabled us to become reputed developers in Pune. 

Simultaneously, we have been able to launch new housing projects in Goa such as Esmeralda (Kadamba, Goa). The bustling suburb of Talegaon has witnessed industrial growth and development on a large scale. World famous automobile industries such as Volkswagen, General Motors (GM) and Audi have set up their plants in the area of Talegaon. Industrial development has facilitated the real estate sector in Talegaon. The employees working in the industries will prefer the walk-to-work culture by buying flats in the surrounding area.

Investors and home buyers would benefit by investing in Lakeshore Residency in a residential growth pocket like Talegaon near Pune, due to its strategic location off Mumbai-Pune highway, thereby earning handsome amount of Returns on Investment (ROI).

So, buy a home of your choice at Lakeshore Residency in the emerging residential suburb of Talegaon!

Eminence- An Address only for the eminent in Pune

‘EMINENCE’ as the name suggests, is everything about the extraordinary. 

A prestigious residential project by the Naiknavare Developers that captures the richness of Pune’s peripheral mountainous heritage to deliver an unmatched experience of the natural outdoors. 

One of the most sought after luxury residences in its vicinity, Eminence is located in the upscale strategic neighbourhood of Viman Nagar. Its close  proximity to areas like posh localities of Kalyani Nagar, Koregaon Park, Westin, Hyatt Regency, Pune Airport and Phoenix Mall makes Eminence a place of opulence blended with comfort in true sense. This prudent balance of connectivity, the environment and panorama add to the umbrella of plush lifestyle abodes at Eminence. 

Its 47 absolute and exclusive dwellings boast of the enchanting lifestyle experience every high profile and sophisticated buyer would aspire and admire. 

The architectural flair the development reflects is an absolute delight for the residents and adds stars to their persona. The exquisite packaging of the hexagonal apartment with back and forth sliding floors gratify the experience of living through ample light, expansive space, breathtaking views and optimum utilization at the same time. Every inch of the designed architecture effortlessly delivers the unchartered experience. The ambitious design statement of the space surpasses the often bespoke luxury.

The availability of top-grade amenities at Eminence, like breathtaking sky lounge, Jacuzzi, well-equipped gymnasium, rooftop swimming pool, sunken deck, make it scrupulously structured to offer complacency, with charismatic interiors and ultra-modern facilities.

We understand that a luxury home doesn’t alone include external glamour, but also comprises of features of practical usage. For instance, ample storage space, sufficient number of closets, quality flooring, branded fixtures and faucets, etc., speak for this opulent property. Not to forget the grand sky-walk entries into every dwelling that is one among the unique elements of EMINENCE. 

So, if you plan to live a lifestyle amidst the who’s who of the society, Eminence is the choice you can look forward to.

Extraordinary homes gaining prominence in Pune

A home that is a perfect manifestation of one’s success and status is a long desired aspiration in life of many. However, for those who make their mark in the society and achieve their goals in life want a home that inspires them and reflects their growth. The city of Pune has now transformed into a destination of such achievers owing to the variety of lucrative options for investment as well as for a peaceful living experience that Pune offers.

According to the recent trends, there is a spurt in demand for the ultra-luxury properties and exclusive residential properties as the city has a lot many well-to-do professionals who wish to have a home of their choice and standards. A survey has shown that the demands of these buyers are often specific and particularly when it comes to their requirements, needs and taste. These belong to the category of buyers who do not have a fixed budget as long as they are provided with some elegant, high class and properties with finesse  and prime quality. Premium housing  has turned out to be a buzzword for these buyers. 

Speaking of the city’s realty market, the luxury housing segment that came into the picture around five years ago, is now of the utmost demand. This shows that the demands of the buyers have shifted from affordable housing to buying luxury abodes. A major part of this steady growth in the industry is due to the global travelers who wish to have similar elegance, quality, premium features at home that they enjoyed anywhere outside the country. Vast, spacious living areas with expansive terrace, marble flooring of a top notch quality and personal spaces for their family members are few of the many luxury aspects that these elites desire to experience at home. 

Other than space, the locality and neighbourhood of the property is equally very important. The prime locations in Pune like Boat Club Road, Prabhat Road, Koregaon Park, Kalyani nagar, etc., that were known for their excellent quality living experiences, are overshadowed with more preference being given to the lavish premium properties with solitude and tranquil environs that are outside the old city boundaries.

“This shift in location preference in demand for lavish properties  in the city, is now a driving force for the builders and developers who have been providing premium housing options to the buyers in the outskirts of the city. Extraordinary homes have become the center of attraction for the connoisseurs of luxury. We, at Naiknavare Developers, believe in delivering not just homes, but, better living experience.” Says Anand Naiknavare. 

Eminence, an upcoming project in Viman Nagar, is an absolute example of extraordinary homes that offers 3 & 4 BHK luxuryresidences. The  distinguished packaging of this hexagonal apartment with back and forth sliding floors helps to deliver maximum light, space, views and utility at the same time. The grand sky-walk entries into every dwelling is one among the many elements of EMINENCE.

Likewise, the northeastern corridor of Pune has developed to a huge extent owing to the rapid development and set up of IT Parks in these locations. In today’s time, builders and developers like Lunkad Realty, Gera Constructions, Kolte Patil, ABIL, Panchashil, Trump Towers and many more are offering projects with an array of premium housing options to meet the upsurge in demand. 

This has also resulted in the growing interest of the new-age buyers, in properties that are exquisitely crafted and are thoughtfully planned to provide extraordinary and better living experience.

Investing in Real Estate? 5 Reasons to invest in the 2nd Best city to live in India - Pune

Planning to invest in real estate? If yes, then consider Pune as one of the best options for your investment plans!

Here is why the city turns out to be the 2nd Best city to live in India and why you must invest in Pune!

1)    Deccan Odyssey:-
Most of the times, the climate of Pune city is pleasant and descent. It is also referred to as Queen of Deccan or Deccan Odyssey in this regard. Monsoon is the best season, when you can explore the nearby places. Adequate rain fall is there in the city and thus there is no drought situation. Thus, the climate is conducive for the growth and development of real estate sector.

2)    Oxford of the east:-
Pune city is often called to as ‘Oxford of the East,’ as the city hosts many educational institutions and top b-schools in the world. There are many colleges and institutions in the world, that are ranked amongst the top brass institutes in the world.

3)    Booming IT Hub:-
The city is a booming IT Hub, as many IT companies have their base locations and corporate offices over here. It will soon gain the status of second Silicon Valley of India after Bangalore. Hinjewadi area of the city hosts many IT Parks and real estate development in such areas of Pune has been magnificent.

4)    Clean and Green:-
Pune city is the second greenest capital of India after New Delhi. The green trees along the roadside make the city look beautiful and lively. This is one of the big bonuses that the city has got for the development of real estate and commercial properties.

5)    Something for Everyone:-
Pune city is a shopping hotspot for almost everyone. On one hand it has posh areas like Koregaon Park, MG road for the rich and elite class people, FC road and JM road for middle class, and on the other hand there are Peth areas for the shoppers, lying within the affordable financial segment.

6)    ROIs on Investment:-
Last, but not the least, investments in Pune Real estate have been rewarding and have given handsome return on investments to the investors who have invested in properties in the city.
After having read these reasons, what do you plan to do next?

We suggest you to plan your investments accordingly! So get going now before it’s too late!

Eagle’s Nest – The Absolute Living!

Residential spaces – a broad term that we often use to refer to a living space that the home buyers look for.

But, there are various aspects of a residential space that differ one residential space from another. These could be the ambience and environs of the property, the facilities available in the property, the neighbourhood, the locality, the society, the quality of specifications and a lot more.  

Eagle's Nest

We, at Naiknavare Developers Pvt. Ltd. understand the differences and the necessities of the residential spaces that hold a special attention in the minds of the buyers. After all, it is significant that home buyers are well aware of their priorities and also, their requirements while they plan to choose a dream home.

This gives us the insights about the types of residential spaces or residential projects that appeal to the buyers. And, undoubtedly, who would miss a chance to own a home that is located in the serene environs and picturesque landscapes of Talegaon?

Our ongoing project – Eagle’s Nest is exactly a depiction of serene living experience without leaving the happening city life behind! 

Eagle’s Nest is located adjacent to the reserved forest & Green Zone of the colossal Sahyadri. At a height of 1900 feet above the sea level, Eagle’s Nest location beholds the jaw-dropping views of the majestic Indrayani valley. Well, that really does sound like a dream location, with the hills encompassing this lovely site of residential spaces and waterfalls & fully grown forest hilltops adding to the just explicit beauty of this place. 

The project offers the buyers, varied options from town houses, row houses, duplex apartments and 2 & 3 BHK Flats to pick from. The monumental designs, next to perfect natural settings and awe-inspiring views of Eagle’s Nest are absolute to spoil you for choice. 

Experience the journey of life in a beautiful manner at a beautiful location! Indulge with nature’s best setting for living at Eagle’s Nest.

Invested in Commercial Property in Pune? Rent it like this!

Finding tenants for your commercial space can be a daunting task. However, many times, we tend to forget to make a legal document or agreement and later just register the lease document after the tenant is finalized!

Investments in commercial properties in a city like Pune have increased over a period of time. However, renting out these commercial properties/spaces often become a tough task. One needs to have an in-depth understanding of the various aspects of giving the commercial property on lease to a tenant. 

If you have been thinking about renting your commercial property, here are some tips and guidelines that you must know before you rent out your property:

Naiknavare Developers: Commercial Projects

#1 Find your tenant: Well, sounds too simple to do, but, can actually take a lot of time in some cases. Finding a suitable tenant is the first and foremost step in leasing a commercial property. If this is taking time, you can take help from an agent to hire the suitable tenant. 

#2 Negotiating on terms & conditions: We suggest you to have pre-decided terms and conditions before preparing the final lease agreement or the tenant. Also, the terms and conditions such as who will be paying the maintenance charges should be well clarified beforehand.

#3 Signing the agreement: Once the tenant is finalized, decide on the terms and conditions for mentioning in the lease agreement. The tenure or the duration of the lease varies from one state to another.

#4 Registering the Lease: This lease agreement should be registered with the concerned authorities by paying the stamp duty and registration costs. Also, keep in mind that no stamp duty or registration costs are payable on the amenities or services agreement. 

We hope these tips were helpful for you!

Also, if you are in search of your 4 BHK apartments in Pune, you can explore some of our residential projects in Viman Nagar. At Naiknavare Developers, we believe in providing better living and lifestyle experiences in our residential projects.

Union Budget’16- A much awaited relief for home buyers

The Union Budget 2016 has, by far, turned out to be a win -win situation for all. From individuals to the corporate Inc and especially for those who are desperately waiting to buy their first home.

However, the budget states equal challenges as much as the opportunities it offers!

“This budget is welcomed &we congratulate honorable Finance Minister, Shri Arun Jaitley, for trying to meet the expectations of the consumers and addressing their concerns through the new reforms in the budget.
For the common man the following key measures assure better rewards:
a)    Rebates increased for earnings less than 5 lacs.
b)     First home buyers to get an additional deduction of INR. 50,000 on loan interest for loan amounts upto 35 lacs for houses less than 50 lacs.
c)    Women members get subsidy for gas connections for poorer households.

Many policies for the rural sector (total allocation of 87765r) will increase the output which will directly impact the economy favorably” stated by Mr. Ranjit Naiknavare, Director – Naiknavare Developers

He further adds“The three major aspects that have been proposed of real estate development are:
a.     Increase in HRA deduction (24000 to 60000 per annum)
b.    Removal of dividend distribution tax on REITS which will enable major investments in retail office and,
c.    Income tax benefits for projects with smaller flatsless than 60 sqm in non-metro cities if completed within 3 years which will ensure timely handing over of projects.

The vexatious land records are being digitized & this will help overall transparency in real estate projects which might encourage foreign funds capital inflow.

The current road construction stands at 16-18km per day & this will go up with additional  measures (additional 218000 Cr to be spent)  which will allow for 10000 km of roads in 2016- 17, that are proposed in the budget.

Also airports are being revamped and this will further ease travel and indirectly benefit the real estate.

At present, the current land acquisition act makes it difficult to acquire lands and the PSUs are encouraged to make land available for development.The shops and establishment act is being revamped & amongst other things, smaller high street shops will be allowed to be kept open
all seven days easing the requirements of the common man.

The Budget made a strong case for promoting start-ups in India with 100% tax rebate on profits announced for them for three years. This will encourage mixed use properties to cater for this segment. If there is some clarity on GST and implementation for the direct tax code, then we will see a much better growth for the economy.”


Mr.Ranjit Naiknavare concludes by giving out key highlights from the Budget, which could affect an individual:

1) 10 % Dividend Distribution Tax: Additional tax at the rate of 10% of the gross amount of dividend earned will be payable by the recipients receiving dividends in excess of 10 lakh per annum. Kindly note, this is for income from only company stock dividends and NOT from MF dividends.

2) 0.5% KrishiKalyanCess: Just like Swachh Bharat Cess, consumers will have to now bear introduction of KrishiKalyanCess of 0.5% on service tax for the welfare of farmers. So total service tax will be 15% from June 1st onwards

3) 40% of NPS Withdrawal taxfree: Up to 40% of the corpus withdrawal to be tax exempt in the case of National Pension Scheme (NPS). With an additional INR50000of tax benefit beyond 80C, NPS to become attractive for investors. The remaining 60% can be tax-free too, if used for buying an annuity.

4) Only 40% EPF withdrawal to be taxfree: To create a level playing field amongst retirement products, Government seems to be moving EPF from 100 % EEE regime to partial EEE regime to put it on par with NPS. This is applicable only on new investments from now on.

5) 1.5 % Service tax reduction for Annuity Policies: Service tax to be reduced from 3.5% to 1.5% on premium of single premium annuity policy from insurance companies and pension funds.

6) 60 K Deduction for House Rent: Deduction amount claimed against rent paid to be increased from 24,000 p.a. to 60,000 p.a. under Sec 87A. Not many know about this. Basically, this is useful to people staying on rent but do not have HRA as an income component.

7) 5,000 Rebate for Income upto 5 Lakhs: Rebate is increased from INR 2000 to INR 5,000 for an individual having annual income of up to Rs.5 lakh per annum. Now, such individuals can avail total rebate of Rs.5000 in an assessment year.

8) INR5000 additional Tax deduction for home buyers: First time home buyers to get an additional deduction of Rs.50, 000 on the interest component of EMI. The value of such houses should not exceed INR 50 lakh and loan 35 lakhs.

9) 15 % Surcharge on 1 Crore+ Income: Surcharge has been raised from 12% to 15% on the persons, other than companies, firms and cooperative societies having income above Rs. 1 Crore.

Outcome of Budget 2016 for Infrastructure and Roads Development

Budget 2016 has been released and certain reforms have taken place in the infrastructure sector. Here are the frontline points, mentioned in this year’s budget by India’s Finance Minister, Hon. Mr. Arun Jaitley:-

• Allocating funds worth of Rs.55,000 Cr for the construction of roads and highways; excluding  Rs. 15,000 Cr from NHAI bonds
• Total budget allocated to the Roads and Highway Construction is 97000 Cr which is inclusive of Pradhanmantri Gram SadakYojana (PMGSY).
• Total outlay of Rs. 2,18,000 Crores declared for Rail and Road development
• 10,000Kms of roads will be improved and 50,000Kms of state highways will be upgraded to National highways. The budget allocated for the same is Rs. 2,21,046 Crores
• Aiming to achieve 100% village electrification by 1st May 2018
• 10 public and 10 private sector educational institutions will be made world class
• 160 airports and airstrips can be revived in infrastructure
• 100% FDI will be enabled for the food products produced and marketed in India for the Food Processing Industry

Highlights of Budget 2016 for the real estate sector

With the rolling out of Budget 2016 by the central government, your requirements and expectations related to the real estate sector might have been paid heed to, by the government. You may also have your opinion, related to the real estate news from this year’s budget.
Here are the frontline pointers, revealed from Budget 2016, by India’s Finance Minister, Hon. Mr. Arun Jaitley:-
•    Service Tax Exemption for housing construction of houses less than 60 square metre
•    Incentives for newly started manufacturing companies and Small Scale Enterprises (SMEs)
•    Rent payers’ Deduction slab increased from Rs. 20,000 to Rs. 60,000, due to which, tenants would be benefitted.
•    Total outlay for infrastructure would be Rs 2,21,246 Crores in 2016/17
•    Allocation of funds, worth of Rs 55000 Crores for developing highway projects
•    DDT exempted from Real Estate Investment Trusts (REITs).
•    Quicker implementation of GST Bill and related reforms like Real estate regulatory bill, etc. which are pending before the parliament so far
•    Budget focus on infra and enhancing quality of life
•    Achieving the goal of housing for all by 2022
If you have any opinions on the above mentioned pointers, share them with us! We would be happy to hear from you about the expectations and the announced budget. Stay Tuned for some pointers on infrastructure development as declared during the Union Budget 2016.

Important Benefits from 100% FDI in India

Overview of FDI (Foregin Direct Investment) in India

FDI in the Indian Real Estate has witnessed a significant increase over the past few years as per the economic standards. This depicts India as one of the most lucrative and broad avenues for investments considering the increasing level of interest in investing in India among the foreign  investors.

Since the Indian government has permitted 100% foreign direct investments in the different sectors if the Indian economy, there has been 100% involvement in FDI in the real estate industry. This has not only encouraged the construction builders like us who are into residential and commercial property constructions, but also the ones into recreational projects.

Not limiting the investors to only the ones who are from the Indian origin, but, making investing in Indian real estate sector open for all foreign investors has shown huge inflow of investments in the recent years.

Benefits of FDI in Indian Real Estate 

•    Increase in foreign investments will ensure more organized real estate industry in India
•    It’ll lead to more professionalism in this sector
•    Advanced technologies can be used in the new age constructions
•    A healthy and competitive market environment will be created between both, the Indian investors and the foreign investors.

Hence, we, at Naiknavare Developers, look forward to more such policies which favor the growth of the Indian real estate as a whole. It is a motivation for us to bring in more professionalism and quality homes and properties for our investors and buyers from India and outside, without compromising on any parameters that contributes towards delivering precision and quality homes.

'Enable And Empower' - ET Realty

Naiknavare Developers welcome this objective with open arms and we look forward to more such plan from the Government.

Read below:

The ET Realty Newsletter read the following: 

Dear readers,

It is a welcome statement from Union Minister when he talks about the government planning to provide houses priced below Rs 5 lakh. Does the country need affordable and low-cost housing? Yes. But, this needs to be supported with good infrastructure and connectivity.

It’s a noble cause but the government’s role is essentially expected to be of an enabler and not of a provider. The government does know that very well and is acting upon it. That’s why we have been hearing about the push on infrastructure and improvement in connectivity.

The best way to make housing affordable is to increase its supply and improve connectivity to satellite towns that can accommodate mass housing projects.

For example, state government of Maharashtra has already drawn a plan to develop 100 sq-km city with private participation in Uran, situated around 50 km east of Mumbai. However, given the current economic growth centers in Mumbai, it’s unlikely that people would move to this new city unless a speedy mass-transit option exists.

Therefore, the key is infrastructure and better commuting options. If people in US are commuting from New Jersey all the way to Manhattan, a distance of over 70 kms; Mumbai has more options within a periphery of this distance that can be used for mass housing, provided the connectivity is good. And this can be a case for any urban and economic growth center across the country.

So rather than working on a plan to offer homes priced below a certain price tag, the government needs accelerate its speed at which infrastructure is being improved and affordability can be taken care of through higher supply.

While the government is taking steps to improve crumbling infrastructure in the country’s financial capital, the speed at which it is being done has to be enhanced. Several big ticket projects including coastal road and trans-harbour link will connect and offer more options for people to live out of choice, not out compulsion.

Thrust can be on empowering or enabling people with good infrastructure and not just building a roof on their head. 

Yours faithfully,

Times Group

Naiknavare Developers at Credai Pune Housing Festival 2016

How would you imagine a Housing Festival to be? Dull? Boring? Or something else?

Well! We too expected something similar, but on 17^th Jan 2016, at SSPMS Ground near Pune Station, a Housing Festival was organized by Credai Pune that blew away all our presumptions and brought us an entirely new approach towards such active festivals that uphold the tag of Dynamic Real Estate industry in Pune.

It was amazing to see the huge crowd that attended the exhibition. We too participated in the exhibition and were happy to see the kind of response we got from our fellow visitors. It was a completely new learning experience for us.

 With the crowd that emerged for exhibition, it was a clear indication of the rising demand for housing in the city and that the buyers were showing a lot of interest in knowing and understanding the various schemes provided by the banks and the financial institutions for home buying.

We received good response from our visitors and we take this opportunity to thank all our visitors and customers for the overwhelming response we received and also Credai Pune for organizing such a well planned Housing Festival for the builders and developers like us.

We wish to get more such opportunities to reach and connect with our customers and potential buyers in the coming months. This will not only help us connect with our valued customers, but also help us understand the demands of the new age buyers with more insights and in more depth.  This will enable us to come up with more customer centric ideas to develop not just better housing but better living for all.

We hope we grow just like the demand for properties in Pune and live up to the expectations of the buyers in the form of quality and experience that our projects provide our customers. 

Not Just Houses, but Homes by Naiknavare Developers

We all look for houses to have a home to live and that is where the difference between a home and a house comes into the picture. Having a home and having a house are two different things that we’ll understand with  an emotional outlook.

At Naiknavare Developers, 

we believe a home has the following elements that are difficult to find in a house:

• A home gives you the joy of having a smile cover your face as soon as you enter the space.
• A home has that comfort you desire.
• A home has the perfect ambience you always like to spend some peaceful time.
• Where your personal self is at ease.
• No matter how tiny or how big, you always have your favourite and special corner at home.
• World without your home is no world of your own. Your space turns the world for you.
• To be yourself, you do not require a person, you require a space you call ‘home’.
• Your first love becomes your home.
• The place where you want to watch your family grow over the years.
• The treasure of lovely memories that you cherish for life.
• And a lot more than one can imagine…

We believe, with our in-depth understanding of the difference between a home and a house, we are able to provide some of the much desired homes that most of the buyers in the city have been hunting for a while.  

Naiknavare Developers has always strived and will continue to establish not just housing options, but homes for the buyers who are looking for a home and not a mere house or an apartment.

If you have some memorable/funny/entertaining moments that you cherish with your family and friends at home, you can write to us or share with us on Facebook or comment below.