Upcoming project at Manjari

There are 4 residential schemes in Manjari. The price range in Manjari is from Rs. 3350 to Rs.4500 and the budget is from Rs. 1661600 to Rs. 6390000. There are about 5 schemes in 2BHK, 3. schemes in 3 BHK, 0 schemes in 4 BHK and others are 4. The number of pre-launch projects in Manjari are 0, ready possession are 1, nearing completion are 1, and just started are 1. The number of low cost housing projects in Manjari are 4, premium are 4.

Following are the project name along with Builders name at Manjari :

Project Name :                    Builder Name : 

Serenity                                       Kalpataru Groups Ltd

Dreams Nandini                          DREAMS GROUP

Bella Vista                                   KARAN GROUP PROMOTERS and BUILDERS

Dreams Avani                              DREAMS GROUP

Dreams Ragini                             DREAMS GROUP

Abhinandan Crystal                    Abhinandan Promoters

But like the project most, that is Crystal of Abhinandan Promoters. The reason is :

Nestled in the green neighbourhood of manjri, Abhinandan crystal provides a tranquil setting for a modern way of life. Besides adding a unique zest to your life, These luxurious homes have a striking interior that is enhanced by its magnificent views, Unobstructed and unforgettable, Ensuring supreme comforts.

Everywhere you look, Modern amenities and convenience abound. From location to architecture to interiors, Urban living has been officially defined. Abhinandan crystal makes a splendid vertical statement with a fusion of two buildings of 1 and 2 bhk apartments, Set in a 40,000 sq. Ft area, Manjris close proximity to hadapsar and magarpatta and leading schools, Educational institutions, Restaurants, Medical services and shopping centre makes it the place for a dream home...

Amenities :

Club house

Landscaped garden

2- Side open terrace flat

Decorative main gate

Security cabin

Intercom system

Internal road with designer street lights

Childrens play area

Dish t.V. Common antenna

Provision for inverter in each flat

Generator backup for common facilities

Rainwater harvesting

Anti termite treatment

Provision for exhaust fan

Features :

Home Features

Power Back-up

Feng Shui / Vaastu Compliant

Intercom Facility

Security / Fire Alarm

Lift(s)

Society/ Building Features

Water Storage

Security Personnel

Park

Visitor Parking

Other Features

Club house / Community Center

Waste Disposal

Rain Water Harvesting

Details :

Sale Price : Rs. 36.64 Lac @ Rs. 3861 per Sq.ft

Bedrooms : 2

Bathrooms : 2

Built-up area : 949.00 Sq.ft.

Floor number : 2nd of 7 Floors

Possession : Within 6 months

Property age : Under Construction

Transaction Type : New Booking

Property Ownership : Freehold

Address :

1- Saraswati Bldg, 109/7 Thorat Colony

Nr. Income Tax Office, Prabhat Road

Pune : 411 004.

Tel : +91 20 2545 0141

Mobile : 9850099777

Emall : sunjjoykotkar@gmail.com

Website : www.abhinandanpromoters.com

http://www.discountedflats.com/pune-manjari-1-properties.html

Factors that influence the housing market and house prices

It is difficult to cause an increase in the supply in the short run and the land being fixed in supply, it is difficult to increase the supply of property in the long run also. It is difficult to achieve a reduction of supply of existing stock. Land being a necessity it is difficult to bring reduction in demand if the supply falls. Property valuation is a matter of comparison and valuer must be able to analyse the study of supply and demand.

A little of demand, supply and the market.

• Economic growth. Demand for housing is dependent upon income. With higher economic growth and rising incomes people will be able to spend more on houses; this will increase demand and push up prices.

• Unemployment. Related to economic growth is unemployment. Clearly when unemployment is rising, less people will be able to afford a house.

• Interest rates. Interest rates affect the cost of monthly mortgage payments. A period of high interest rates will increase cost of mortgage payments and will cause lower demand for buying a house. High interest rates make renting relatively more attractive to buying.

• Consumer confidence. Confidence is important for determining whether people want to take the risk of taking out a mortgage. In particular expectations towards the housing market is important; if people fear house prices could fall, people will defer buying.

• Mortgage availability. In the boom years of 1996-2006, many banks were very  keen to lend mortgages. They allowed people to borrow large income multiples (e.g. five times income). Also banks required very low deposits (e.g. 100% mortgages). This ease of getting a mortgage meant that demand for housing increased as more people were now able to buy.

• Demand. The relationship between a quantity demanded and its market price is called a demand schedule of a commodity. Price and Quantity are inversely related. When price goes up, quantity goes down. And when price goes down quantities goes up.

• Supply. In the 1996-2006 AS an estimated 700,000 new houses were built. When the property  market collapsed, the market was left with a fundamental oversupply. Vacancy rates reached 15%, and therefore with supply greater than demand, prices fell.

• Geographical factors. Many housing markets are highly geographical. For example, national house prices may be falling, but some areas (e.g. London, Oxford) may still see rising prices. Desirable areas can buck market trends as demand is high, and supply limited. For example, houses near good schools or a good rail link may have a significant premium to other areas.

http://www.economicshelp.org/blog/377/housing/factors-that-affect-the-housing-market/