Planning to Start an Office in Bangalore – Is Central Bangalore Better than Whitefield for your Office Location?

Bangalore, also known as Silicon Valley of India, is a home for plenty of niche Information Technology companies. Bangalore is considered as a heaven for entrepreneurs, startups and established businesses looking forward to expansion. The cosmopolitan city consists of people filled with entrepreneurial spirit and high on corporate life. Owing to the most recent property rate lists for Bangalore, the city poses as a favourable option as opposed to other major cities in India.  However, choosing a suitable location in Bangalore to set up an office is a complex task. One has to determine the chosen location that suits the business criteria and other key elements such as connectivity, budget, and more importantly traffic at peak hours.  So, why does business location matter? Whether you are a start-up or a tycoon, your office location can have a drastic impact on the growth of your business. Closeness with the potential customers, amenities nearby, proximity to the residence of employees, and transportation facilities are few essential factors that need to be considered before choosing a location for your business. It doesn’t really matter whether you want to rent or buy an office space, what matters is where exactly you want to operate from.  Today, among all the locations, the most popular business location is Bangalore central (consisting of areas such as R.T Nagar, MG road, Cunningham road, Shivaji Nagar, Brigade road, etc.) and White field ( Bangalore East zone). So, which one is the better option? Bangalore central or Whitefield? Let’s have a look at the pros and cons of having office space in both locations.  Whitefield –  Whitefield, known for its IT parks is a hub of well-established companies such as Hindustan Lever research center and Padmini Industries, Mindtree, Oracle, Wipro, SAP, etc. is the most sought after locations for office spaces. Some of the pros of choosing this location...

Five Prominent Up and Coming Localities In Pune To Invest In Right Away

Pune, now one of the most popular cities in the whole of India, is currently also the second-largest city in the state of Maharashtra. Pune has acquired in recent years the reputation of being one of the most sought-after places to settle after retirement. A number of factors contribute to the charm of Pune. Unlike most places in Maharashtra, Pune experienced pleasant climatic conditions pretty much all year round. Although the population density is increasing every year, it is far more peaceful than most other cities in India. Its close proximity to Mumbai (the economic hub of India) has made it a convenient location for both commerce and living. In a recent study, Pune was judged as one of the cleanest metropolitan cities in India. For those who are looking to make serious real investments in the city of Pune, but don’t quite know about which locality to invest in, this article sheds light on the areas with the most potential for real estate growth.  Bavdhan Bavdhan is well-known for being one of the most preferred residential neighborhoods for people relocating to Pune. The area is located on the NDA Highway, making it easily accessible from Mumbai as well. The Hinjewadi Computer Park, which is just a 20-minute drive away from Bavdhan hosts the branches of some of the biggest IT companies from across the globe. Although a large number of projects are in progress, this locality is still pretty much on the rise and is set to be a prime real estate destination in the near future, making it ideal for those looking to purchase real estate in Pune. Undri Over the past couple of years, Undri has gradually become the center of a number of high-end projects. One of the advantages of this locality is its fantastic connectivity, both by urban roads as well as interstate highways....

Five Reasons Why Koregoan Park Is The Prime Destination For Real Estate Investments In Pune

Luxury living is an aspect of city life that has steadily been on the rise and increasingly sought after especially by millennials in India, over the past couple of years. High-rise towers featuring elite specifications, where the ultimate indulgence is guaranteed are becoming the norm in metropolitans all over the country. But high rise buildings with the poshest features and most spectacular, modern-day amenities are not what luxury living is all about.  Luxury living isn’t only about what is inside the house but also what surrounds it. In simple terms, the location of a house plays a vital role in determining if it falls under the “luxury living” bracket.  Over the past decade, Pune has witnessed an unbelievable increase in the number of high-end luxury projects. Although the majority of these luxury projects are situated in the outskirts of the city, there are a number of them well within the city limits too. Located at the heart of Pune is Koregaon Park, home to some of the best luxury living projects in the entire city. If you are someone who is eager to make some real estate investments in Pune, then one of the best places to do so is Koregaon Park. Listed below are five reasons why Koregaon Park is Pune’s prime destination for real estate investors.  High Liveability Index  Koregaon Park has one of the highest liveability index scores not just in Pune but also in the entire state of Maharashtra, which speaks volumes about the locality. Roads and civic infrastructure are incredibly well developed and maintained. Some of the city’s most popular schools and colleges lie in close proximity, while a number of world-renowned IT and ITeS firms have their offices situated near Koregaon Park too. There are also a number of high-profile restaurants, supermarkets, malls, and hospitals located in and around the locality. Peaceful Neighborhood...

Crucial Factors To Pay Attention To Before Proceeding To Purchase Property In Mumbai

For those in the know, the sheer satisfaction and feeling of immense pride that arises as a result of becoming a homeowner, whether it is for the first time or not, is incredible! Determining to purchase a home is a major commitment. At present, the real estate market in Mumbai is flourishing as the demand for quality real estate within close proximity to the city, far exceeds the supply. Although, promising new real estate projects are cropping up all over the city of Mumbai and its outskirts. finding decent real estate in this city is far from being easy. Even more so, finding a property that ticks every box in your wishlist. Because investing in real estate involves you spending years of hard-earned savings, it is crucial that you choose a home with the utmost care by paying attention to the details, especially if you are new to the real estate game and are looking to make your first big real estate investment. Making the wrong choices in real estate can prove to be detrimental not just to your finances at present, but could also offset your long-term financial stability. A number of newcomers to real estate investing end up with loans and debts just because of a single wrong investment decision that they made early on. In order to make the best decision possible as far as homeownership in the city of Mumbai goes, it is vital that you pay attention and consider the factors listed and detailed below. Paying Attention To Your Debt to Income Ratio For those looking to become homeowners in Mumbai, this is a vital factor to pay attention to when deciding on the budget for buying a home. The debt-to-income ratio or DTI is defined as the percentage of your fixed monthly expenses divided by your gross monthly income. This ratio enables those...

Recent Changes In The Landscape of Indian Real Estate

The Indian government has introduced multiple regulatory changes to organize and structure the real estate landscape in India. The rapid changes are really transformative by all means. The regulation will not only be relevant for the existing land laws but will also give rise to a new set of laws which will be determined by the fiscal policies of the new government. The changes are expected to have a cascading effect on the real estate business in India. The real estate business has so far been very unorganized and unregulated. Here we will emphasize the key legal and regulatory changes that form the foundation of such a powerful and impactful transformation. Demonetization: The Indian Government was able to effectively wipe out old currency notes and establish the circulation of high-value currency notes of the new kind. This has been a mighty blow to the Indian real estate business because before demonetization the real estate business was surviving on the cash component of all business transactions. This had resulted in inflation in the real estate sector and caused an exponential growth in the Indian real estate market. As a result of demonetization, there is a significant reduction in stamp duties. Also, there has been a revision in the collector rates for immovable property. Overall this has led to the correction of real estate prices all over India. GST: The implementation of Goods and Services Tax has also affected the real estate prices in India. GST will replace all indirect taxes such as service tax, VAT and excise duty etc. Before GST a bunch of indirect taxes was resulting in a lack of transparency during a business transaction for the developers and the buyers. But implementation of GST has simplified the tax process. As a result, now buyers are clear about the tax they have to pay during the purchase of...

Why Formation of a Cooperative Society is Advantageous?

There is a special character in almost all the human beings across the world, and that character is they do not want to stay by their own, rather they prefer to stay in groups, with families, with friends, with colleagues, with neighbors. At the end of the day, human beings are the forms of social animals, who love to share and collaborate in the course of their lives. This sharing can take place either in the workplaces, or in the dwelling places. Devoid of the divergences in the cultural settings or ethnicities, they try to socialize, and perhaps that is the major reason behind the formation of societies and cooperatives in the major cities in India. Though there are a few disadvantages of living in a cooperative society, the advantages can surpass them given any day or any circumstances. Some of the major advantages of living in a cooperative society are as per the following: Security is a major concern for any of the human beings across the world. While living in a group of seemingly like-minded people, an observation has been made through an excellent dissertation that the perceived risk of security breach can be reduced to a great extent, and the major reason behind this aspect is the feeling of belongingness and togetherness. Support from the neighbors during the time of emergency can be obtained without any big hassle. Members living within the boundary of a cooperative society are most of the times ready to lend a hand to their neighbors during the times of any emergencies. Spending leisure time can turn out to be more fun, if it can be spent with families, friends, and peers, and that is the kind of enjoyment a cooperative can offer. For more information about reasons behind the preference of people regarding the formation of cooperative societies in different parts...