Prathamesh Gallardo- Homes with exclusivity

Home is a personal space that we all desire to own and the thought of investing in a property in a city like Pune turns out to be one of the most crucial financial decisions that a majority of us make in our lifetime.

Having a home in a city where there is a huge IT park for the IT professionals looking for an opportunity to grow in their career, educational institutions of international standards for students who aspire to have a career through quality education and explore the various career opportunities in different fields and, last but not the least, the high standard of living which represent the lifestyle of the people of the city and compliment their social stature, is more like a dream for many of us!

However, through some of the luxurious and premium projects, the builders of the city are working towards providing the potential home buyers with all their needs met and living spaces that they will adore once they experience the quality of life that a resident would have in such residential spaces. A similar living experience you can expect in the ongoing project by Prathamesh Constructions- Prathamesh Gallardo. The project has been designed with an approach to provide you with high end residential space that is tailor made for you.

Prathamesh Gallardo- a six storey single tower, which boasts about a lifestyle that we all yearn to attain. A life with luxury and comfort at every square foot of your home is what you can look forward to if you seek a property in Prathamesh Gallardo in Pune. It will embellish your lifestyle with the lavish and alluring features, high grade specifications combined with a meticulous design sense in the interiors of the flats.  The project is located in the serene location of Salisbury Park, Pune which has close proximity to the camp area, Bibwewadi, Ganga Dham, etc. that ensure connectivity with the other parts of the city.

Some of the value additions in the project include the home automation, viewing deck, solar panels, lounge, centralized air-conditioning, remote controlled security gate, landscaped private terrace and Jacuzzi  in duplexes, etc. With all such amazing features, you can think of a home where luxury is your companion and comfort is your attire. 

How Financing from Banks be useful for first home buyers?

Buying a property over renting has been one of the most debated topics. While many people prefer paying rent for a house due to the flexibility of changing the residential address when needed, there are others who feel paying EMI for your own home is better than paying rent. For people who are interested in buying a property for the investment purpose or the end use, here are a few advantages of financing from Bank for the property.

• The Indirect Discount on Cost: when you plan to invest in property, taking a home loan from Bank will help you reduce the cost of the property in the long run. For example, if you wish to buy a property that costs 50 Lacs and you take a loan of 30 Lacs, then your monthly installment for loan repayment will be close to Rs. 30,000/- per month. If you rent the same property at a rent amount of Rs. 10,000/- then your EMI will be reduced to Rs. 20,000/- per month and hence, the property will cost you 40 Lacs at the indirect discount of Rs.10 Lacs through rent.
• Pay EMI instead of Rent: Just the way you pay rent to the owner of a flat, you could pay EMI of the Bank loan which will help you acquire a home of your own. This way the money that you spend on renting a property can actually be utilized in paying the EMI of the bank loans and thereby, owning a property of your own.
• Price appreciation over time: If you buy a property today, the price of the property will appreciate and thus, it will be a source of good return on investment. Also, the interest rate applicable on your loan will remain the same and hence, you will be able to increase the rent of the property or increase the price of the property at the time reselling as per the appreciation of the property rates of that particular city without having to pay extra EMI for repaying the bank loan.
• Satisfaction & security: When you rent a house, paying rent and renewing the rental agreement with the owner every year can get you worried. But, if you own your home, you just need to pay the EMI and you need not get worried about any renewals and agreements. Hence, you feel a sense of security and satisfaction when you own the property and are not staying in a rented flat. 

Home buying Steps that you must never miss while buying a property

Considering the fact that buying property is a long process and takes months to finalize a property, we share some of the steps that you must take while buying a property. As we have discussed few steps in the previous post, we shall now know the remaining steps that you must never miss while buying a property:

3. Better Understanding of your payment plan: Depending upon the builder and the type of property you are buying, you must know the payment plans you would be opting for. Typical plans are of 3 types:

a) Construction linked: You pay based on the progress of the construction of the property. This can be safest because you pay for progress and need to spend money along with the level of completion of the construction process.

b) Time linked: You pay according to a set timetable, whether the construction is under process or on the verge of completion.

c) Down payment: You pay for the property up front, but then are exposed to the risk of delays and whether the property will get completed at all or not.

4. Applying for a loan approval: If you need to apply for a loan for property purchase, then it is advisable to simultaneously start the application process with potential lenders, along with the above steps. This can help you know more about the loan that you can apply for and the terms of getting the loan. You can also get a pre-approval for a loan in case you have not selected a property as yet, but want to save time later when you have zeroed in on a property.

5. Allotment letter: This is allotted by the builder once you book a flat in an under construction property. This allotment letter includes the details (like flat number, area, price) of the flat that has been allotted to you, the payment details, any extra charges levied to you amenities such as car parking, club membership, and maintenance charges to be levied at the time of possession and occupancy.

6. Sale agreement: This agreement is made once you agree to all the terms and conditions of the sale with the seller in case you are buying a pre-existing property.

7. Possession and Registration: The final step in the buying process is the possession of the property being transferred to you and your responsibility to get it registered in your name. At the time of registration you will also have to pay a stamp duty which is a government tax levied on property transactions.

Home Buying steps for a Wise Purchase

In India, for the majority of the people Home buying is a long process that is an overwhelming experience, both financially and emotionally. In order to make this process of buying property in Pune easier, we share few home buying steps to help you get your desired property in an easier way.

1. Identifying the right location & property: The first step is to narrow down a location or set of areas that you are interested in buying a property in a particular city. Having a checklist to monitor the properties that you see, whether you like or dislike, in certain areas/neighborhood will be helpful. Evaluating the properties you see on the basis of your needs in terms of property specifications & features like the layout, number of bedrooms, size of the kitchen etc. can be done with the help of the checklist. Also, if you are planning to opt for a home loan, then finding out if there is any home loan scheme available from the financial institutions and also about the credibility and authenticity of the builder is also important.

2. Legal due diligence on the property: There are two types of properties you can buy, ready possession property, or a newly constructed property. In either case, you must be sure that the seller owns the property and has legal documents of the property to sell the property to you, and that later on confusions regarding ownership rights can be avoided. For example:

a) Pre-existing property: When you buy a pre-existing property, you need to firstly do the transaction with the seller, agree on the terms and conditions, verify documents, and finally get loan approval if you need a loan.

b) Under-construction property: When buying a property that is under construction you must confirm that the development is legal and that sanction plans have been approved. Otherwise, you might be risking your hard earned money on something that is illegal.

Having discussed about the initial steps to begin with while you plan to buy a property in Pune, it is important to consider the fact that buying a property is not an easy task and takes a lot of well planned steps in order to have a smooth transaction and taking ownership of the property. We shall discuss the remaining steps too, but in our upcoming post. So, till then explore some of the ongoing residential projects in Pune. 

What is your dream luxury?

Prathamesh Gallardo - Pune

We all dream of many things that we desire to have in life and, luxury living forms the major part of it! All we imagine is a life where we wake up to watch the sun rise from a wide window of our room with all the luxuries in life and no worries to bother us!

Well, you can now wake up to own one such luxury home at Prathamesh Gallardo, a unique upcoming project by Prathamesh Constructions. With just a glimpse you will realize that this is your true dream luxury paradise that you had always desired!

The project is a high end residential development which is tailor made for you to provide you with best of luxurious living experience in life! A professionally designed architecture with 2 BHK & 3 BHK Homes/flats and  4 BHK Duplexes are a perfect alternative that compliment the lavish lifestyle of yours! Located in the elite area of Vidyasagar Colony at Salisbury Park, Pune, the project reflects all the luxuries you can avail in an opulent home. 

An entrance that will woo you to an extent that there would be no looking back!

The beautifully conceptualized homes with a never-before luxurious living experience are exquisitely crafted for the ones who are in search of the perfect space to call it as their home!

A home that will mesmerize you with its charm and comfort every time you step inside!

A home that will keep you attached to its beauty and charisma and not let you go away from it!

The high grade specifications combined with a meticulous design approach, Prathamesh Gallardo, is an optimal blend of design, luxury, comfort and functionality!

Read More: - 

• Upcoming projects in Talegaon, Pune
• Home? Why Pune?

Upcoming projects in Talegaon, Pune

Talegaon is a place with historical importance. It is a town with a municipal council in Mawal Taluka, Pune district in the state of Maharashtra. Talegaon, being just 120km away from Mumbai and only 35km from Pune, is one of the preferred locations for people who are looking for a property in and around Pune. The town is situated on highest altitude between the two metro cities (Mumbai and Pune) which is at 2200feet above sea level. Talegaon is higher in altitude than the famous nearby hill station Lonavala (2047 ft.), thus has pleasant weather throughout the year.

The property in Talegaon has been in high demand as it is growing in the real estate industry at a faster pace as compared to other locations near Pune. The real estate professionals or the builders and developers in Pune have been showing lots of interest in this town as it has a lot of potential to attract buyers from all parts of the country who dream of owning a property in and around hill stations. The location of Talegaon is perfect for people who want to have a home surrounded with trees and natural beauty. The pleasant weather throughout the year is one of the main reasons why Talegaon is the right choice for a peaceful home.

Prathamesh Constructions is one of the most trusted real estate company which has been coming up with new projects with amazing specifications for a higher standard of living for people who want to have luxurious homes at affordable prices in a city like Pune which is famous for its high standard of living. The company has planned an upcoming project named UTKARSHA ENCLAVE which offers 3 BHK flats. These flats will have specifications that will match the international standards of living, giving its residents a perfect living space with exuberant experience. People who are looking forward to buying a property in and around Pune must explore this project to know the other features and specifications of the same to have a better understanding of the quality projects prathamesh Constructions is coming up with.

Prathamesh Constructions are strong believers in business ethics that bring a sustained prosperity in the lives of the people wanting a perfect home for them. For the past 34 years, Prathamesh Constructions has held this philosophy in their minds and heart and never allowed their value system to dilute, hampering the quality of work provided by them.

Read More : -

• Home? Why Pune?
• Real estate in Mumbai and Pune

Home? Why Pune?

Real Estate Developers - Pune

Pune is one place where you find people enjoying their morning tea in their balconies and feeling the fresh air early morning in their homes. A place where home and nature are just adjacent to each other, you not only get to enjoy a calm, peaceful ambience with fresh surroundings but also all the comfort and amenities within your arm’s reach. The City is often referred to as the cultural city of Maharashtra, hence entertainment is always at its hilt whenever you want to relax and enjoy.

Don’t you want to be at a place where you can work patiently in day time and enjoy the night exploring the nightlife of the city? Speaking of Pune, it not only has amazing day life but also nightlife. The city has really well constructed townships and societies designed immaculately keeping in mind the high standard of living of people in the city.

If you are willing to relocate or looking for a nice flat to move in to, then Pune is the best place to move to! You would surely be interested in knowing the very reason for having called the city as the best place. Well! The reason being some of the best townships in the city wich include constructions by various builders and developers. The city has rooms for all! Be it a 1 BHK for student crowd, 2 BHK for working professionals or 3 BHK for families or even 4 BHK & 5 BHKs.

Pune is the city which is one among the IT hubs of India with an IT Park located in Hinjewadi area. This has not only lead to generation of more and more job opportunities but also migration of working professionals in huge number. The city also has a rich heritage with many temples being one among the most visited places in the city. Kasaba Ganapati is considered as the presiding deity of the city of Pune. The custom is to seek the blessings of this deity before all auspicious, religious and social ceremonies. This is just one example. With a long history beginning with the Old Stone Age the city has witnessed various events of regional and national importance. With a small habitation on the banks of river Mutha, it has grown into a huge metropolis with a population of at least 5,049,968 (according to the 2011 census report).