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Major Expectations from Budget 2025: Empowering Homebuyers and Real Estate Developers

The budget for the year 2025 is to be expected in just a few days and of course, both the homebuyers and real estate developers have anticipated measures that will provide support in dealing with challenges about homeownership and property development.

Pune as a city has witnessed rapid growth as well as faced unique and multiple challenges such as an increase in property prices, extremely high interest rates and also the increase in the demand for sustainable housing options in recent years. This year, stakeholders are hopeful for impactful initiatives that can reshape the real estate landscape and make housing more accessible.

At SK Fortune Group, a trusted name in Pune’s real estate market, we understand the aspirations of homebuyers and the challenges developers face. We have accumulated some of the basic key expectations of the home buyers in Pune as well as real estate development companies from Budget 2025:

  1. An Increase in Tax Deduction Limits for Housing Loans

High EMIs are a major concern for homebuyers, especially first-time buyers in popular Pune suburbs like Wakad, Hinjewadi, and Kharadi.This will undoubtedly help ease their financial burdens and make the buying process more feasible. As for the developers, this move will boost demand for housing projects. This would support the growth of the real estate sector especially in a city like Pune.

  1. Revising Affordable Housing Subsidy Limits

The real estate market in Pune has steadily risen in recent years. Well of course this is all because of the increase in property values. However, the current real estate market and the subsidy limits under Government schemes like Pradhan Mantri Awas Yojana unfortunately no longer align with market realities. Revising these would make affordable housing accessible to everyone. Such reforms would also empower real estate developers to focus on creating more affordable housing projects ultimately benefiting both buyers and the industry as a whole.

  1. Interest Rate Subventions

With high interest rates on home loans, many buyers find it challenging to buy homes and take the first step toward homeownership.Interest rate subventions would alleviate this burden and make monthly EMIs more manageable for buyers. Additionally, this would reduce financial pressure on buyers translating to an increase in demand for housing projects.

  1. Incentives for Eco-Friendly and Sustainable Housing Projects

In recent years, there has been a growing demand for sustainable living spaces, especially the ones that are well-equipped with premium features like solar panels, rainwater harvesting, and energy-efficient appliances.But these homes often come at a premium making them quite inaccessible to middle-class buyers. This challenge can perhaps be easily relieved with the budget having the scope of providing incentives for developers that would help them adopt eco-friendly practices. This would help bridge the gap making sure that sustainable and environment-friendly homes are more accessible.

  1. Streamlined Approvals and Support for Urban Infrastructure Development

Most of the time, delay in project approvals is one of the most common challenges in the real estate sector. This can easily be resolved by having simplified approval processes and proper government support for infrastructure projects. This would ensure that the projects are completed on time and that the delivery and possession of homes are given to the buyers, ensuring their confidence and trust.

Right now the real estate market in Pune is at a crossroads, with immense potential to grow and adapt to the needs of its diverse population. The upcoming Budget 2025 presents an opportunity to address critical issues like affordability, financial relief, sustainability, and infrastructure development.

At SK Fortune Group, we are optimistic about the future and committed to delivering innovative and value-driven housing solutions. Whether you are a first-time homebuyer or looking for a sustainable living space, we are here to make your dream home a reality.

Let’s build a better future together!

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Why These 3 Locations Should Be Your First Choice When Investing In Pune’s Real Estate Market

Being one of India’s fastest infrastructural growing cities in the real estate industry, Pune is a hotspot for end number of real estate investments. Also known for its seamless blend with modern infrastructure and a legacy of rich heritage, the city offers an opportunity for both prospective homebuyers and investors. 

Some primary locations like Deccan, Model Colony and Nal Stop in Erandwane have proven to be among the top choices for Punekars for residential investments. All thanks to their prime locations, excellent connectivity and vibrant community life. 

These areas in particular offer it all – residential, commercial and recreational spaces, making them highly sought-after areas in Pune. Also showcasing a tremendous growth potential when it comes to real estate industry. 

  1. Deccan, Pune

Considered as one of the oldest and prestigious areas in Pune, Deccan has been home to many landmarks making it a highly desirable area for people looking to reside and invest in residential properties. 

Well-connected to other parts of the city, the area offers easy access to commercial hubs, educational institutions, and healthcare centres making it a preferred location. Even the real estate market in Deccan has seen a steady rise in demand over the last few years. And even now with the recent development of the social infrastructure and upcoming commercial spaces, retail hubs, and high-end residential complexes, this area has undoubtedly proven to be of a high potential for property value appreciation. 

SK Fortune group is excited to announce a new upcoming luxury residential redevelopment project – Yashodhan located in Deccan. This new project proving to be a landmark in the area is set to become a prime choice for those looking to reside in Deccan. 

  1. Model Colony, Pune

Another highly sought-after location in Pune – Model Colony, is well-known for its peaceful ambience, lush surroundings and friendly communities making it a favourite among families and retirees. 

Additionally, with its excellent connectivity to other prime areas like Shivajinagar, Aundh and Baner, Model Colony is a preferred choice and a convenient option of residence for young professionals commuting daily to these commercial hubs. 

In recent years, the area has witnessed a dramatic shift with more and more luxury and modern residences suitable for today’s lifestyle being built. It is perhaps for this reason that the demand for properties and apartments in this area has significantly surged also providing the advantage of being in Pune’s central. 

SK Fortune Group have announced that Kusum, our upcoming residential project in Model Colony. Designed and constructed to offer the best of modern living in a serene environment, Kusum promises spacious apartments with state-of-the-art amenities. Perfect for those looking for peaceful modern living right in the centre of Pune. 

  1. Nal Stop, Pune

Considered one of the most strategically positioned areas in the city, Nal Stop in Erandwane is a major commercial and transportation hub. The area connects several key locations, making it a perfect choice for those seeking convenience, luxury and connectivity. As per recent studies, with Pune’s growing infrastructure, the importance of Nal Stop is only expected to increase in the coming years. 

The area is undoubtedly becoming a central point for real estate investment in Pune with the increase in demand for commercial and residential spaces. Furthermore, with being close to some major IT parks and business centres, Nal Stop has become a popular choice for people looking to reside in central Pune.  

SK Fortune Group’s new upcoming luxurious residential project – Himgauri is all set to offer luxurious living with the added benefit of unmatched connectivity. Especially with modern amenities and high-end finishes, there is no doubt that our new project is the perfect place for those looking for a vibrant lifestyle in one of Pune’s most well-connected areas. 

5 Reasons Why You Should Choose These Locations for Your Investment?

  1. These areas are centrally located offering ease of access to some main city central commercial, educational and recreational hubs in Pune. 
  2. With well-developed infrastructure there is no doubt that these locations offer and are well-equipped to meet the daily necessities and at the same time offer luxury to both residents and businesses. 
  3. What’s more is that as per the recent real estate trends and studies in Pune, the demand for property in and around these areas is showing an upward trend ensuring a strong investment potential. 
  4. Also it doesn’t matter whether you are looking for luxury, convenience or peaceful surroundings these areas offer a range of upcoming residential options to choose from as per that individual’s lifestyle.
  5. Lastly, in terms of future growth prospects, as the city continues to expand these areas are sure to remain at the forefront of real estate development. 

At SK Fortune Group we are committed to offering our investors the best in luxury and comfort through our upcoming premium residential projects in these prime locations. Our new residential projects namely – Yashodhan in Deccan, Kusum in Model Colony and Himgauri at Nal Stop are designed to meet the highest standards of living also giving the advantage of being strategically located to offer the best of Pune. 

Investing in Pune’s real estate market is definitely a promising decision, especially when you choose and opt for top locations like Deccan, Nal Stop and Model Colony. Considered as some of the prime locations in Pune, these areas surely offer not only connectivity and luxury but also tremendous growth potential.

With SK Fortune Group’s upcoming residential projects in these locations, you can be assured of high-quality homes and great returns on your investments. With the new year just round the corner it is now the time to explore the new opportunities today, and let us help you find the home of your dreams in Pune’s best neighbourhoods.

Contact SK Fortune Group for more information about our upcoming projects in these top locations. Together, let’s find your perfect home.