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. 

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?