Raghuram Rajan‘s surprise to all Home Buyers

Yes! We are talking about the surprise by Raghuram Rajan that came out as unexpected in the fourth cut of repo rates by a percentage of 50bps.

Reduced repo rates are surely, a direct announcement to all the home buyers who had been waiting for an opportunity to buy a dream home!

The home loan interest rates have dropped by major lenders like State Bank of India, Andhra Bank, Axis bank, Bank of India, etc. enabling more inflow of applications for home loans from the potential home buyers across the country.

So, if Pune happens to be your dream destination to settle in, gear up to explore the enticing architectures and designs of residential complexes being constructed by Prathamesh Constructions in the city.

We believe, quality, well blended with design and appeal makes it the right mix of elements for a fabulous dwelling to own! Establishing such palatial residential complexes is what we at Prathamesh Constructions strive to build.

Home buying has always been one of the major financial decisions that people come across in life in India, as there is so much more attached to owning a property than just a piece of land or a shelter. The emotional-connect to a place where you spend a majority of the part of your life comes naturally when you share the best moments of your life in those spaces at home.

Now, that the home loan interest rates are reduced, home buying is a step easier for you! If there is some property that you feel is out of your budget, you can rethink upon the same and zero down to a better property with the same amount of budget you have decided to spend on your dream home!

Also, do not be in a hurry to flow your money to any random property. Search, research and invest!

Ongoing Projects in declared Smart cities- Pune & Nashik

Pune, the city  you will fall in love with!

A wonderful city where life seems to acquire many different dimensions of happiness and comfort. Pune has been boasting of its quality standard of living from quite many years now. However, finding a place to live in this city is not that easy at this point of time due to the approaching saturation in the real estate industry of the city.

Not easy because we all have different permutation and combinations of the budget, features, location and amenities and specifications for our dream homes. And this is where we feel, giving multiple options to choose from can help you find your dream home in the city. Hence, here are some of the ongoing projects by Prathamesh Constructions that you must explore to get the best of all!

Callisto: An exclusive project located in Shivajinagar, Pune that is a true manifestation of style and classy residence that offers 2, 3 & 5 bhk premium spaces.

Prathamesh Rajshilp: A well crafted apartment with a royal touch in every creation, located in Maharshi Nagar in Pune, it offers 2 bhk living spaces for the potential home buyers.

Prahtamesh Gallardo: A high-end residential development that is crafted with sheer perfection for a grand lifestyle, it is located in Salisbury Park, Pune. The project has been designed in a way that it comes out to be a perfect blend of comfort, luxury and functionality.

Other than these, there are a few more ongoing projects by Prathamesh Construction in Nashik which is also declared as a smart city along with the city of Pune.

So, if you have been on your toes from long hunting for your dream property, exploring some of these projects can be of great help for you! Also, you are aware and smart enough to make informed choices! Let us know if you have any feedback regarding the same and feel free to ask if you have any queries. We are here to help you out. 

The Smart City- Pune

Pune, the city without an end to a day, a much preferred destination for all the the masterminds in IT and last, but not the least, the city with the most prominent iT hubs of India has yet another reason to celebrate and rejoice!

With the recently released report on the smart cities of India, the Punekars are filled with immence joy as the Cultural city of Maharashtra, Pune is now one among the Smart cities in India.

You must be wondering, what will this tag of a smart city bring to people of the city? To your surprise, a much better infrastructure, more quality services and better technology to make life easier are a few dimensions of the end result of efforts to make the city a smart city.

Who would not wish to have a bette lifestyle?  Would you deny to use the smart features at the mall to browse different sections of the stores over the conventional ones? Had I been there, why not! I everybody loves to enoy and make the best of the facilities available and surely, nobody would think of opting the harder or the manual way.

Talking of real estate, since, we are in the industry from over 34 years, relating the concept of smart city with that of the real estate market is but obvious. So, considering the sectors that will be embellished and enhanced during the implementation of this concept, the living standards of the people are bound to raise to a much higher level.

However, now that the city of Pune is officially announced and bears the tag of a smart city, the property rates may appreciate parallelly along with the progress in the making  Pune a smart city. So, if you have been planning to make inveestments, or buy a home, it’s a win win siituation for you to go ahead and take the final call.

Be a smart buyer, choose wisely. 

The Last Night

As I moved out of my room and walked through the hall, the cold breeze across the room through the windows gave me goosebumps in a fraction of seconds. I was afraid. Insecure. Nervous and anxious about spending the last night at my place.

The nostalgia took over me and didn’t let me sleep. The thought of this night being the last night here was pounding in my head over and over again. I had spent as many as 5 years in this flat. A 1 bhk in a residential apartment located in Salisbury Park, Pune. I had seen some of the most difficult times of my life here, which I faced and moved on and also, created some memories that I will cherish for life. I had got married the same year when I had moved into this flat.

The flat has been a witness to my life during my Bachelors and how everything changed for the better after my marriage. My wife made it what it is today and is the very reason I feel nostalgic about this night. Hard to believe how quickly the time has passed and tonight I was spending my last night here.

No. This is not the end of my life. Not even something to be sad about.

This last night was all about the excitement, the happy feeling and the new beginning. The essence of shifting to a Home of my own, a place that will be mine, is magical.

Yes. I am shifting to a 2 BHK flat in a residential project by Prathamesh Constructions the next day. It is the Prathamesh Deep project by Prathamesh Constructions in the same location where I spent 5 years of my life in a rented flat. The Salisbury Park in Pune will always be associated with all the happy memories and moments I have spent in the city.

Even though I feel nostalgic about leaving this flat and shifting tomorrow, I am more than happy to move into my own home in Prathamesh Deep with my family. My daughter and wife are way too excited to start our life in our new home. This night will not come again, I will not be moving from a rented flat to my new home again and hence, here I am, writing everything that is coming to my mind right now. -Sumit Patil 

Dear Home, You couldn’t have got any better!

HOME: A well defined place where your family and loved ones  reside. The address that speaks of your presence and location in accordance with your availability.

What exactly do you perceive of the word “HOME”?

Walls? Interiors? Furniture? Feelings? Warmth? Or what else?

To a few of us, a Home is the place we get our much wanted privacy.

For a few others a Home is the place where they stay with their family and enjoy the most precious moments with family and dear ones while, some of us also relate to a home as a residence where all our comforts lie and that gives us the peace of mind.

If we have to define the residential projects that we have constructed in the past few years and also the ongoing projects, defining a HOME would be a Hoslistically Overwhelming Manor with Exclusivity. Prathamesh Constructions, a pioneer in the real estate industry in Pune, has rich learning experience of 34years.

Who would not want a home where you could curl up tight at night in the soft bed in your bedroom at Home and have a sound sleep like there is nothing to disturb or distract your sleep? Well! I would love to have such a home.

Imagining myself at a home where I have every basic thing  I  desire, I have all the comforts, I feel happy staying and spending time with family and friends, all of this gives me a hearty feeling of happiness. Try and imagine yourself resting on a well carved wooden chair in the balcony and enjoying the rains of the monsoon season that has wrapped up the city in its arms today. Doesn’t that feel amazing?

At the end of the day, any individual who has a family and is working in the regular 9-5 shift in a company in Pune, returning home is one of the most important things he waits for the entire day. You too would be aspiring to own a home in Pune which would stand as your own permanent address. Then why not explore some of the beautifully designed and constructed homes that not only aesthetic value, but, also add more to life and compliment your lifestyle.

Have a HOME….

Have a Holistaically Overwhelming Manor with Exclusivity…. 

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.