Category: Blog

Pune’s real estate market is on an upward trajectory, making it one of the most sought-after cities for homebuyers and investors. The city has seen a surge in redevelopment projects, luxury housing, and sustainable developments in Pune. The city continues to attract investors and home buyers looking for modern, high-quality living homes with affordability, strong and aesthetic infrastructure, and a focus on innovation.

With land becoming increasingly scarce in prime areas, redevelopment projects in Pune are emerging as one of the preferred choices for developers and homeowners. As such, many older societies, buildings and constructions are now being transformed into premium residences offering sophisticated and better amenities and eco-friendly designs.

As per the reports, its seen that redevelopment is particularly strong in well-established neighbourhoods like Kothrud and Shivajinagar where old and rusted structures are being replaced with new projects that are seeking to cater to contemporary needs.

As it goes without saying, this trend is ensuring that the residents of these societies get to enjoy the upgraded infrastructure and also stay in familiar localities. Moreover, these redevelopment projects bring in additional advantages of better security, parking spaces, and so many other facilities compelling the home buyers to invest.

As per the current trending news, the reports suggest that Pune’s real estate market is witnessing a sharp increase in demand for luxury residential projects in prime areas. Home buyers are leaning more towards premium projects that offer exclusive amenities like private terraces, recreation halls, terrace gardens and so much more. This of course comes with the additional benefit of being in a prime location with all the facilities within walking distance.

Areas such as Erandwane, Shivaji Nagar, and Kothrud are evolving into luxury hotspots, with developers launching new residential projects catering to high-net-worth individuals. The demand for these homes has grown exponentially, with sales of high-end properties more than doubling in the past few years.

One of the main reasons behind this rise is Pune’s growing IT sector, which has led to an increase in disposable income. Additionally, NRIs and investors see these upcoming housing projects as lucrative long-term investments, further fueling the demand for luxury housing.

Pune’s real estate market is not just expanding; it’s evolving with innovation. Developers are incorporating cutting-edge technology and sustainability into their upcoming residential projects to meet the growing expectations of homebuyers.

Some of the key innovations shaping the sector include:

• Smart Homes & IoT Integration
• Sustainable & Green Buildings
• More projects are integrating residential, commercial, and retail spaces into one, offering a complete lifestyle experience without the need for long commutes.

Despite the rise in luxury projects, Pune continues to offer affordability compared to other major cities like Mumbai and Bengaluru. New projects in Pune range across various price segments, ensuring that homebuyers with different budgets can find suitable options.

As per the news and reports, property rates have increased by 11% in the past year, reflecting Pune’s steady growth. However, financing options, lower interest rates, and developer-friendly schemes make investing feasible for first-time buyers and investors alike.

Pune’s thriving job market, excellent educational institutions, and well-developed infrastructure make it an ideal city to settle down in. The increasing focus on redevelopment and premium residential projects in Pune ensures that homebuyers have access to modern, well-planned communities that enhance their lifestyle.

At SK Fortune Group, we are committed to delivering high-quality homes that align with the latest trends and innovations in Pune’s real estate market. With 10 new projects set to deliver this year, we offer a range of premium and luxury housing options that cater to diverse needs.

Pune’s real estate is set to soar even higher, making now the best time to invest in your dream home. Explore our projects and be a part of Pune’s dynamic growth story today!

Whether you are relocating for work, or have given your home for redevelopment and looking for a temporary place to stay, renting a home is most definitely a practical solution for many. But, getting and securing the right property can be quite troublesome and pose a challenge if you’re not sure what you are looking for.

1. Location & Accessibility

The location of the property and its accessibility towards the rest of the city play a crucial role when you consider a home to rent. This ensures your smooth daily routine and also gives you access to essential services like convenience stores, hospitals, bus stops and metro stations. Our advice – consider looking for properties that are near to these conveniences. Moreover, make sure the neighbourhood is secure, especially during the late hours.

2. Connectivity & Transport Options

With the cities expanding and growing bigger each day many people counter the problem of commuting either to their respective workplaces or colleges and schools. Having good connectivity is another major factor to consider to tackle the hassle of everyday commuting. When looking for homes to rent or checking out apartment projects near you, make sure to check if the area or the location is well-connected with public transport. If you own a vehicle then make sure the residential apartment has the facility of a dedicated parking.

Other things to consider:

Public Transport: Availability of buses, metro, and shared mobility options.
Traffic: Some areas may have heavy traffic, which could impact your daily commute.
Parking: Availability of parking space if you drive.

3. House Owner’s Profile & Reputation

A smooth relationship with the landlord is essential for a hassle-free stay. Before signing a lease, research the property owner’s background to ensure there won’t be any issues during your stay. Websites like Google, MagicBricks, or NoBroker provide reviews about properties and landlords. You can also try to get in touch with previous tenants to learn about their experience.

4. Rental Agreement & Terms

It’s important to clarify the rental rules before finalizing the deal. Pay attention to the following details in the agreement:

Guest Policy: Check if visitors are allowed to stay overnight.
Deposit & Deductions: Clarify the amount of the deposit and any potential deductions.
Maintenance Responsibilities: Who is responsible for repairs—tenant or landlord?
Notice Period: Understand the terms in case you want to move out early.

5. Furnishing & Amenities

When considering short-term rental properties, it’s crucial to check the level of furnishing. Some properties come fully furnished, while others may be semi-furnished. Fully furnished homes are perfect for a hassle-free move, as they typically include appliances like fridges, washing machines, and essential furniture.

Additionally, check for other amenities such as:

Power backup: For uninterrupted power supply during outages.
Wi-Fi availability: Essential for work or study.
Water supply and backup: Ensure there’s a steady water supply.

6. Rental Costs & Hidden Charges

Short-term rentals might come with higher monthly rent, so it’s crucial to understand all costs involved. Besides the rent, be sure to clarify other charges such as security deposits, maintenance fees, and utility bills. If you’re looking at luxury residential projects in Pune, for example, these might come with additional charges, so it’s always a good idea to get the full picture.

7. Lease Flexibility

Temporary rentals often require flexible lease durations. Some landlords may offer shorter lease terms, like 3 to 6 months, while others may have standard 11-month contracts. If you’re interested in upcoming housing projects near me, inquire about month-to-month lease extensions or early exit clauses without hefty penalties.

8. Security & Safety

Safety should always be a top priority. Check for security measures like CCTV surveillance in common areas, security guards, controlled access, and proper door locks. In high-rise apartments, fire safety features are also important to ensure your well-being.

9. Quality of Infrastructure

Ensure that the property you’re renting has reliable and modern infrastructure. Look out for well-maintained buildings with no plumbing issues or electrical faults. If you’re considering premium residential projects in Pune or new upcoming projects in Pune, check for the quality of the construction and the materials used. High-quality infrastructure will make your stay much more comfortable.

10. Community & Social Environment

If you’re renting in a large apartment complex or residential project, consider the community and social environment. A friendly and well-maintained community can make your stay more enjoyable. Look for a well-maintained environment with facilities such as parks, gyms, or community halls, and try to understand the dynamics of the neighbourhood.

Final Checklist Before Moving In:

Read the rental agreement carefully before signing.
Inspect the property for damages and inform the landlord.
Test all appliances to ensure they are in working condition.
Confirm the lock-in period and exit conditions.

Renting a home for a temporary stay requires thorough research and attention to detail. Whether you’re considering premium residential projects in Pune or exploring new upcoming projects in Pune, the key is to ensure the rental meets your specific needs for the duration of your stay. By keeping these factors in mind, you can find a home that is comfortable, convenient, and affordable for your short-term needs. Happy house hunting!

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.

2. 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.

3. 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.

4. 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.

5. 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!

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. 

2. 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. 

3. 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. 

Pune, a city located in Maharashtra, has emerged as a thriving real estate market in recent years. The city’s development as an IT hub and its growing economy have led to a surge in demand for homes and flats in Pune. With numerous residential projects being developed in the city, Pune offers a wide range of housing options to cater to different budgets and preferences.

One of the key factors driving the demand for homes and flats in Pune is the city’s excellent infrastructure. Pune boasts of well-developed road network and upcoming metro, making it easy to commute within the city and to other parts of Maharashtra. The city is also home to some of the best educational institutions and healthcare facilities in the country, making it an attractive destination for families and students.

Hinjewadi, Prabhat Road, Bavdhan, South Pune, are hot destinations for buying a 1,2 & 3 BHK homes in Pune. Hinjewadi, Magarpatta, Yerawada and Bavdhan are home to several IT companies and startups and are considered to be one of the most developed areas in Pune. These areas have numerous residential projects, ranging from affordable housing to luxury apartments.

The eastern part of Pune has also emerged as a popular destination for those looking to buy homes and flats in Pune. Areas such as Kharadi, Hadapsar, and Magarpatta have seen a surge in demand in recent years, thanks to their proximity to some of the best IT parks in the city. These areas offer a wide range of housing options, including apartments, villas, and row houses.

The cost of buying homes and flats in Pune varies depending on the location and the type of property. While areas such as Hinjewadi and Wakad offer more affordable housing options, areas such as Koregaon Park and Kalyani Nagar are known for their premium properties. However, compared to other metropolitan cities in India, Pune offers relatively affordable housing options, making it an attractive destination for homebuyers.

In conclusion, Pune offers a wide range of housing options to cater to different budgets and preferences. With its excellent infrastructure, good connectivity, and thriving economy, Pune is an attractive destination for those looking to buy homes and flats. Whether you’re looking for affordable housing or premium properties, Pune has something to offer everyone.

To know more and to book your first home, connect with SK Fortune Group. Multiple projects in different locations of city with top class amenities.