Pune which has always been concious of bringing down the effects of Global warnibg by promoting the concept of eco-friendly constructions, has another reason to stand proud among the modern cities of India. Going gree with housing projects in Pune has now received a tremendous thrust from the PMC after it awarded the Eco-housing Certificate to two well known developers. The programme to promote environment friendly buildings in the resedential areas started on a priority basis a year ago and within the last month itself, they have finished awarding the two projects.
Kumar Builders stood tall at the Pune Real Estate Summit & Excellence Awards 2008 presented by Amicus Enviro Consultancy, a Delhi-based locale consultancy firm, at a function at Le Meridien on Saturday evening.
As legion as 28 companies vied for honours for the respected bestows. Amongst the big names in the nominees were Kumar Builders, Goel Ganga Group, Vascon Engineers, City Corporation, Panchshil, Kolte Patil Developers, Naiknavare & Associates, Lunkad substantialty, Paranjape Schemes to name some. However, the evening belonged to Kumar Builders who bagged the most respected bestow of the evening, “Best real possession company” bestow.
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Pune real estate market is growing at a fast rate owing to the Indian real estate trend. Pune commercial real-estate is developing and expanding at an unimaginable speed. The real estate activities are happening at expeditious rate in commercial sector of the city. Retail outlets and malls are becoming ubiquitous to meet the rapid retail growth and the increasing purchase power of the growing middle class. Pune developers are increasingly building commercial property to meet special themes in mind.With multiplexes and malls and retail outlets being the popular choice, the prices of commercial properties in Pune have gone through the roof.
For example road-facing commercial complexes in pune with large open area and floor area to contain number of commercial shops is the latest trend in Pune. These real estate buildings are occupied by shopping centers as well as restaurants and cafeterias. Large floor area make these projects flexible in nature to house different commercial organizations.The Central Business District areas of the city such as Deccan, MG Road are seeing a transition as old real estate buildings are being sold to the commercial owners and for constructing high-rise commercial projects.
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