Real Estate Blog Pune

India, one of the fastest-developing countries, has one of the strongest real estate industries in the world. Even during global recessions, it is one of the few markets that showed no sign of slowing down. It is no wonder, then, that the Non-Resident Indians (NRIs) prefer investing their stronger foreign currency savings into the booming Indian real estate industry. The benefits of investing in Indian real estate is not limited to just NRIs. There is another category of people who can invest in real estate in India; these are the PIOs (Persons of Indian Origin) / OCIs (Overseas Citizens of India).

Though investing in real estate, especially in a country that is not your primary residence, can seem quite challenging, in reality it is quite straightforward. There are just a few basic rules to keep in mind, and you will be a proud home-owner.

1. Choosing the Right Location:
According to the experts, along with the MMR, Bangalore and Pune are also great cities to buy a home in. “In the present scenario, in my opinion, MMR, Bangalore and Pune, respectively, are among the ideal destinations for residential investments, provided they keep a long-term horizon (5-10 years)” states Anuj Puri, Chairman at ANAROCK Property Consultants.
The sprawling city of Pune has been ranked as the most liveable city in India several times. “Recently, there has been an upsurge in demand for real estate developments in Pune due to the rise of educational institutions and commercial hubs in the city. With the tremendous growth in the commercial and retail market and advancement in social infrastructure, Pune serves as an ideal choice to invest in one’s dream home. In 2020, Pune recorded higher-than-average Quarter On Quarter (QOQ) growth in sales. The city is witnessing an increase in new upscale residential properties that have been designed to elevate the living experience for home buyers. Pune remains a preferred city and is a competitor to Mumbai in terms of real estate,” says Milind Korde, Managing Director of Ananta Landwise.

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Over the past five years, Pune’s real estate sector has grown steadily. Pune’s real estate market has been steady despite the influencing factors such as demonetisation, market fluctuations, and the COVID-19 pandemic. For its resilience, among other factors, it is estimated that the next decade will show a significant rise in prices in the real estate market of Pune.

Mumbai, Bengaluru and Pune are currently the top three markets for buying homes for end-use and investment. The IT/ITeS sectors’ post-covid boom has worked well for the IT-centric realty markets Bengaluru and Pune.

Interestingly, Bengaluru and Pune have, respectively, also been declared the top two most liveable cities of India in the recent Ease of Living Index published by the Ministry of Housing and Urban Affairs (MoHUA). This coveted title further reinforces their attractiveness.

Pune has a perfect mix of IT/ITeS, manufacturing and services industries, which gives it a decisive advantage. Moreover, it perpetually presents itself as a significantly more affordable property market than neighbouring Mumbai – while providing a comparable lifestyle – and, going by the recent Ease of Living Index, a better one.

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‘The world is full of magic things, patiently waiting for our senses to grow sharper.’
– W.B. Yeats
At Krisala Developers, we’ve been waiting to reveal to you Magical Living at Magia!
Magic to your Senses
The journey of a thousand miles begins with a single step. There is Magic! Explore with your senses, Magia is truly an escape from reality. Here you’ll find 1 & 2 BHK superior rooms and some of the sprawling Luxe Collection and other playgrounds of themed luxury. Welcome to Magia!

Magic to your Eyes
Exuberance is beauty, and you never know what is enough unless you know what is more than enough… So set yourself free into the realm of Magic. Be spellbound with the lush green surrounding in a well planned architectural wonder near Sahara Stadium, which adds to the value of your “choice”. Spacious 1 & 2 BHK apartments at Mamurdi designed with utmost care and absolute affection.

Magical Amenities
Your home at Magia is surrounded by pure delight and beautiful landscapes, scrupulous thought and mapping done to plan the complete premises for safety with overwhelming ambience. The vicinity is wrapped up with Ample parking, Amphitheater & Cricket pitch. Come and enthrall your spirit as never before. A place where your senses will actually feel the magic.

Magic to your Mind
Exclusive flooring is laid out to perfection. A fully equipped kitchen for your dining pleasure and high end finishes and fittings to enhance the cutting edge design. Well maintained facilities showcase sheer indulgence in creating a comfortable zone best suited to your daily routine and recreation.

Magic to your Soul
The vicinity of Magia is wrapped with numerous shops catering to basic needs, restaurants, schools, hospitals, and all the infrastructural advantages you dreamed of. Come and enthrall your spirit as never before. Let the Magic at Magia touch your soul.

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Pune has built a reputation as one of India’s leading cities in the real estate sector. Top developers in Pune have planned hundreds of projects comprising affordable, mid-segment, and luxury homes. With over 120 active real-estate developers in the city, it can be a daunting task to choose which brand you want to invest in.

So, what makes Krisala Developers one of the best options to invest in real estate in Pune?

1. Broad Experience
With over 10 years of extensive experience, delivering superior quality homes and innovative construction solutions, Krisala Developers have created a name to be reckoned with trust and excellence.

2. Completed Projects
In the span of a decade, Krisala Developers has completed 10 projects in rapidly developing areas of Pune & PCMC. #TheKrisalaLifestyle has raised the bar for the families choosing to invest with us, and carved a niche in the Pune real estate market.

3. Developed Area
With over 7 lakh sq. Ft. Of construction through various residential projects, Krisala Developers has a multitude of feathers in its cap

4. Over 1000 Happy Families
With over 1000 happy families living #TheKrisalaLifestyle, nothing gives us more joy than seeing #theKrisalaFamily grow. #KrisalaHomes have been developed with deep thought and care, we put the comfort of our customers at the top of our priorities, and this is why hundreds of families are choosing to invest in Krisala Developers.

5. Trust & Transparency
We know what a Home means to you. We promise, and we deliver on time!
Krisala Developers has fast grown into a preferred developer with its transparency and consistency in delivering its promises.

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Tathawade is one of the best localities in the fast-developing city of PCMC. Also recognized as one of the educational hubs of the city, Tathawade is fast becoming one of the most sought after localities to live in and around Pune & PCMC. Learn what makes Tathawade one of the most perfect locations to invest in.

The Neighbourhood of Tathawade
A developing suburban area, Tathawade enjoys superb connectivity with Pimpri, Wakad, Hinjewadi, and Ravet. Also at convenient distances are the celebrated locations of Aundh, Akurdi, and Chinchwad.
In close proximity are several entertainment centres, malls, hospitals, etc., making Tathawade an ideal location to live in. Situated on the Mumbai Highway (NH-48), Tathawade shares the neighbourhood of Wakad, Punawale, Ravet, Hinjewadi, and Nigdi.

The Physical Infrastructure
Tathawade enjoys easy accessibility with the main Pune city. It is 19 km from the city centre and is well-connected via Mumbai Highway (NH-48) and Aundh-Ravet BRTS Road. Moreover, Akurdi Railway Station (6 km) is the nearest railway station which also links it with the main Pune Junction. Pune International Airport is almost 26 km and can be accessed in about an hour.

The Social Infrastructure
Tathawade is fast being recognized as an educational hub. Some of the reputed educational institutions in and around Tathawade include Indira College of Commerce & Science, JSPM Institutes, Dr. D. Y. Patil Biotechnology & Bioinformatics Institute, Blossom Public School among others. Major hospitals like Aditya Birla Memorial Hospital and Ojas Multispeciality Hospital are also at a short distance. Tathawade is located at a convenient distance from prominent retail spaces such as DMart Ravet, Xion Mall, City One Mall, and Premier Plaza Mall.

The IT Hub of Hinjawadi
Proximity to the prime employment hub of Hinjawadi has been a key factor driving real estate demand in Tathawade. It is located a mere 20-25 minutes from the biggest IT Hub of Pune, which hosts multiple business parks, industrial units, and tech zones. Tathawade also shares good connectivity with the industrial belt of Pimpri-Chinchwad. This proximity to major employment hubs makes Tathwade a great option to invest in real estate.

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The Krisala Lifestyle has come to Ravet, and won your hearts! 41 Evoke is the fastest-selling project in Ravet, and for good reason. A design marvel in its own right, 41 Evoke is a stand-out property in Ravet, setting new standards of design and architecture. You won’t just love your residence from within but from the outside too, with a building that is designed to Evoke a feeling of elevated pride!

Location

Located strategically in close proximity to the Mumbai-Pune Expressway, Old Mumbai – Pune highway, and the IT Hub in Hinjawadi, Ravet is rightfully called the “Gateway to Pune”. Equipped with the best schools, colleges, hospitals, civic bodies, and amenities in the neighborhood, as well as the best local infrastructure Ravet has to offer, your family will love the #RavetLife!
Located in the Heart of Ravet, 41 Evoke offers to you the best of the Neighbourhood!

Safest homes in Ravet

Your safety is our Priority! Equipped with state-of-the-art security systems, CCTV cameras, and round-the-clock security guards, 41 Evoke offers the safest homes in Ravet with superior security. The Master Bedroom & bathroom are enabled with a “panic button” feature to ensure the safety of your loved ones.

Wide Range of Amenities

41 Evoke is one of the few residential projects in Ravet to offer to you the widest range of Amenities that ensure that you can give the best possible lifestyle to your family and yourself!

Superior Flat Layout

Flats are positioned in such a way that they are well ventilated and have good natural lighting, making them beautiful homes that you will cherish every moment of your life in.  In addition, with 14 stories, 41 Evoke is one of the tallest projects in the area.

5% Interest Rate

With Home loans available at an interest rate of only 5%, investing in 41 Evoke is an excellent financial decision as well.

Brand Krisala

With 10 years of extensive experience, delivering superior quality homes, and innovative construction solutions, Krisala Developers have created a name to be reckoned with trust and excellence. At Krisala, customers’ comfort and trust are the foremost priority.
Krisala has fast grown into a preferred developer with its transparency and consistency in delivering its promises. With over 7 lakh sq. Ft. Of construction through various residential projects, Krisala Developers is all set to surpass many milestones ahead!

Show Flat in 41 Evoke is Ready Click Here
Schedule a Visit: 9730 31 4141

Your dream home needn’t be a distant dream! With the right combination of residences and locations
to pick from, you can make your fantasy come alive, faster than the blink of an eye. Curious as to
how? Then let’s take you on a journey that says why booking a home with us is the right move to
make!

8+ years of experience

We’ve been in the business for over 7 years, slowly but surely working our way to the top, with our core goal being meeting your aspirations. With excellent projects to our credit and our customers’ support, we’ve created a name that resonates with trust and excellence

10+ completed projects

We deliver superior quality homes and innovative construction solutions with each project. With over 10 developments, our repertoire is expanding at a steady pace. We continue to strive for perfection and timeliness

5+ Lac sq.ft. area developed

Our sights are set high and we’re raring to go. Having developed more than 5 Lac sq.ft. of residential property, we aim to continuously add value to the lives of our customers, business associates and stakeholders

1000+ happy customers

Come, be a part of the Krisala family, where we believe in community living. We’re on a mission to ensure complete customer satisfaction, while our philosophy is to work in tandem with you. What you want is what we deliver

100% dedication

To fulfill our company vision we incorporate professionalism, high ethical standards and innovative business practices. With your needs and preferences at the core, Krisala Developers offers you absolute dedication and reliability. Enjoy the assurance of hassle-free living

Our vast portfolio of residences range from pocket-friendly to luxury and await your arrival. Come, explore a lifestyle that’s designed your way!

Loan disbursals by Can Fin Homes, Indiabulls Housing Finance, and LIC Housing Finance in the past quarter suggest that the impact of demonetization on the real estate industry wasn’t as bad as feared. Although the rate of growth they posted was lower than in the past, given the uncertainty, it still appeared strong. Can Fin Homes report a 28% increase in its loan book in the December quarter, while Indiabulls Housing Finance posted 30% growth and LIC Housing Finance a 15% increase? Mortgage finance companies reported strong numbers on the back of lower cost of funds, robust growth in loans and stable asset quality.

The real estate slowdown in India appears to be taking much longer to get stable. The sector has been going through a rough phase with inventories piling up and sales down. Declining consumer trust in the sector can be revived if developers exhibit appropriate construction progress in order to avoid fear of delays in completion. To counter sales developers have shown caution with controlled launches. However, if market trends were anticipated beforehand such moves should have happened earlier. Sales of residential units declined significantly over the last two years, particularly in the initial periods.