The rental market of Pune is already flourishing as it offers educational and employment opportunities. The annual rental yield in Pune has witnessed an increase of around 3.33 per cent. The infrastructural projects such as the upcoming metro rail service and the new Greenfield International Airport based at Purandar will further boost the demand for rental apartments in Pune. MakaaniQ lists top five localities in Pune that have witnessed an increase in the rental yield in 2016.
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City Beat: Post Demonetisation, Property RegistratioAfter Prime Minister Narendra Modi announced demonetisation of higher denomination notes on November 8, municipal corporations across major cities in India have witnessed a dip in property tax collection. Pune has been no different, and has registered a drop of 31 per cent.
Pune Metro Gets Centre Nod, To Boost Real EstatePune is all set to get a Metro connectivity. The Union Cabinet recently approved the first phase of the Metro network that will comprise of two corridors. While one corridor will run from the north to the centre of the city, the second will run from the east to the west. A look at residential localities in the city that will see growth upon a Metro connectivity.
5 Best Localities To Rent A Home in BengaluruFamous names such as Flipkart, Amazon and JC Penney are investing their trust and resources in Bengaluru. With more and more e-commerce companies and other corporate giants creating demand for apartments, the rental market in the city has got a fillip. The city’s annual rental yield has witnessed an increase of 4.14 percent. PropGuide lists the five best localities where the rental rates have spiked over the last few months.
UD Ministry Sanctions 250 Cr To Lucknow Metro, City’The UD Ministry has allotted funds for the speedy progress of the Lucknow Metro. The metro rail project along with other regulatory reforms will give a fillip to the city's property market.
last update - 14-01-2017