Things that you should know about RERA

RERA has been set to change the paradigm of real estate industry. With the new alterations in the Regulation Act has in fact benefitted the real estate consumers beneficially. Along with it, the addition of GST has benefitted the Indian real estate market exponentially. With the hype and long-awaited modifications in act, budget homes and affordable housing will see rise of demand. Although the hype and news might seem complicated, the Act is pretty straight and convenient to understand. With the addition of GST link up in the current trend, budget homes are bound to take over the real estate market. Maha RERA has created a fright amongst many top builders in Pune.

Apart from budget home consumers, GST has set to ease the norms over the builders. With back-to-back duration of RERA and GST, the most common 1 and 2 BHK homes have eased on their land prices. Therefore, the center chooses to relax the land pricing and thus boost the market of budget homes. Apart from Pune, the prime locations of PCMC like Moshi, Chikhali and Dudulgaon have seen a drastic drop in pricing of apartment lands. The basic impact of GST and RERA has effectively neutralized the taxes in real estate sector. The following has been altered to release the dump of unwanted pile-on in the supply inventory of residential sector.

Following are the basic RERA rules that everybody will benefit from:

Developers have to incur own construction cost from laying the foundation to up to three floors.

Any change in layout plan in any of the buildings should be conveyed and approved from the customers. Therefore, if you need to change the plan of 1 BHK to 2 BHK, the customers will have the right to approve or disapprove over the same.

Whatever needs to be delivered, should be strictly mentioned in the agreement. Therefore, even the minor things that the developers or builders may feel is negligible cannot be ignored in the agreement.

Although most of the rules and regulations are favored for the consumers and affordable housing customers is what RERA has defined itself as, the boon and benefit for the developers and builders is the GST. With a right treatment and relaxation of tax proportion, the builders can effectively make good bargains in budget home projects.<

Till date, many builders have invested their profile in budget homes, however, the supply and more misfortune acts in real estate have still slowed down the pace for them. The RERA and GST impact aims to change the paradigm of affordable housing and real estate sector of Pune, Maharashtra and as a whole nationally. With this whole new perspective, real estate sector will see the best practices that are necessary for the consumers. The rise of this sector will in fact edge a new horizon of Indian economy as well. Therefore, although PCMC has always marked a developed twin city of Pune, with these new norms there will be more convenient and beneficial growth and satisfaction for both parties; the customers as well as the developers and the builders.

The preferable pick between Street Shopping and Mall shopping

Shopping is one thing that makes every woman happy. Though the person paying the bill usually our fathers, husbands may hate the very thought of it, but women love it anyway. Shopping in any form is loved. Mall shopping, street shopping or even window shopping satisfies the cravings. Previously, shopping meant street shopping or for riches it meant standalone shops which fancy clothes on the mannequin. Food i.e. vegetables, grains or fruits were always shopped from local markets/ bazaars ie sabji mandis, baniya shops.

But today with the advent of the Mall culture things have changed. With the change in lifestyle of people, the way one shops also has gradually changed. Shopping clothes in malls and food in supermarkets is the latest trend everyone wants to follow. With more employment opportunities came more purchasing power which led to the affordability of mall shopping.

Shopping in traditional markets has its own fun. This shopping culture is still prevalent in our cities. Though the novelty of malls has charmed people but the conventional markets still prevail in large numbers and top the shopping destination list of people. The need of both the worlds is equal. Let’s read through the merits of shopping in traditional markets and malls.

Merits of Shopping in Local Street Market/ Traditional Market:

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• Street shopping is affordable i.e. inexpensive products on sale that can be purchased by all classes.
• Price can always be bargained. Customer can pay the amount he feels is right for the product.
• More room for innovative and variety of stuff yet at cheaper rates.
• Fresh food is available without being stored for days.
• Walking around the huge market in natural environment definitely lets you lose some calories.
• Visiting these markets is never a bad idea as parking and transportation is easily available.
• Market is pretty unpredictable. Unexpectedly you may get some really good picks at cheaper rates.
• Wholesale market in terms of food products is pretty cheaper than the regular market rate or mall rate.

Merits of Shopping in Malls:

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• Malls usually have all commodities under one roof which leads to super convenience of individuals.
• Myriad national and international brands all available at one place.
• Under each product category, different brand options available.
• Saves time and transportation cost as you don’t have to go from one shop or street to the other.
• Quality of the products is better than the ones found in the market.
• Payment options are many i.e. via Credit card, Debit card, Cash vouchers and online transfers.
• Seasonal discounts deals available.
• One can try the outfits before actually buying them.

Both, the mall and the local market have equal benefits and are established for the convenience and well being of people. Having these closer to home is a blessing. It’s convenient to have a house close to the market or mall as daily requirements and emergencies cannot be anticipated. Even at the time of buying a house one should ensure that these facilities are around your living space. Essential commodities for daily needs should be easily available at the doorstep. Builders these days are constructing projects that far away from the city limits. These projects do not have access to any lifestyle centers where a person can purchase these daily essentials.

A little divergent from the rest is Aksha Group, a renowned and top builder of Pune and PCMC having many upcoming residential projects in Pune. With nearly 5 projects in prime location of PCMC, Aksha Group has projects in the localities where all requirements in daily life are easily available. From markets & malls to hospitals and schools and recreational centers all are easily accessible from Aksha Groups projects. Their assorted project list includes 1 & 2 BHK flats in Moshi, 1 & 2 BHK flats in Dudalgaon and Chikhali. To know more about their projects, log onto http://akshagroup.com/project.html

Why is PCMC better than Pune

Looking for a house to settle in? But first have you decide which city would be better in terms of living now and in future years to come. If you are still contemplating between Pune or PCMC, select the latter if you’re looking for a home and a lifestyle that has an ideal balance between the modernism of a city life and elusive calm of nature. Let’s read through deeper reasons why PCMC is a better choice and better property destination than Pune.


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Pimpri-Chinchwad Municipal Corporation, well abbreviated as PCMC is called the twin city of Pune. It is one of the most well planned and organized city of the country. In records this city has won the BEST CITY title in 2011. Expanding on a steadily upward graph the transformation of PCMC from a rural area to a highly developed urban city has opened doors of full-fledged real estate development in it. Along with real estate development came better infrastructure & lifestyle amenities for quality living which makes it the most desired destinations for living. Many developers are trying their hands on to construct well planned and beautiful projects across the city. One of the builder having multiple projects in PCMC ie AKHSA GROUP. Owned by the top builder of PCMC and Pune, their projects feature 1, 2 & 3 BHK flats in Dudalgoan ie heart of the city. Their premium yet budget homes are one of the most favored 2 & 3 BHK flats in Dudalgaon and Moshi.

The location of the city has brought a bag full of benefits in terms of proximity to prime locations. Being well connected to Pune & Mumbai as well as rest of the cities by road and rail this city is easily accessible. Being one of the foremost industrial hub, this city is home to some of most renowned industries in the world. Mahindra & Mahindra Ltd, Bajaj Auto, TATA Motors, Mercedes Benz, General Motors, Volkswagen & many more. This has reformed the city to the most sought after employment centres in the country. Thousands of young people migrate here in search of jobs as some of well established and accredited brands are stationed here.

PCMS boasts of having infrastructure much better than Pune. With well developed and highly planned roads which are well lit and maintained, adequate supply of water and electricity, better security system and modern recreational facilities, this city is still closer to the calmness of nature. Acres of green woodlands and land parcels are maintained to foster preservation of natural environment of the city. Its proximity to nearby hill stations ie Lonavala and Khandala are a perfect weekend getaway for anyone living in the city.

Modern cafes and restaurants, resorts and many leisure centers are newly opened to satisfy the modern lifestyle of the new migrants. This city is definitely turning into magnificent & highly developed realm siding Pune city. Just like what Noida is to Delhi, Navi Mumbai and Vashi are to Mumbai, PCMC is to Pune.

Aksha Swapnalok could be the House of your Dreams

Aksha Swapnalok located in the fastest developing area of Pune city – Moshi.  Featuring 1 & 2 BHK deluxe homes that are comfortable & luxuriously styled keeping in mind the buyer’s needs and preferences.  This project is located at a prime location with proximity to the busting city life. It has direct access to Spine Road which is just 800 meters away from the project.  Spine road is known to run throughout Pune City and  have direct touch to strategic locations in Pune.

At Aksha Swapnalok, the interiors of every apartment are superbly designed focusing on prestigious lifestyles of our beloved buyers. The project is said to be budget friendly yet have amenities and  facilities of high end luxury apartments.  The attractive lobby at Swapnalok gives a feeling of a paradise at once.  The modern club house of the society is where all your future gatherings and celebrations can happen with fun & frolic.




If you are a fitness freak then you would love the highly equipped gym. If your not, then, you would definitely turn one & start your day with the workout sessions at the society gym.  If your fitness boat sails over the other side of the river, Swapnalok still wouldn’t disappoint you as its Yoga & Meditation Hall, Aerobics centre & Jogging track will keep up the robustness high up in you.

The list of amenities at Swapnalok is never-ending. Enjoy serenity at picturesque landscape garden when tired at work. Our senior members of the family can also enjoy their evening Chai at the senior citizens relaxing area. Swapnalok has a sitting area solely dedicated to our elders of the family where they can sit and enjoy peace and tranquility.

Swapnalok eliminates your stress of hunting a party place every time to have a reason to celebrate. The private party lawn located at the project is where you can relish and rejoice with your loved ones. This project doesn’t fail to surprise kids either. The kids play area, cricket pitch & skating ring at Swapnalok makes it a heaven of enjoyment for all kids. They wouldn’t want to go out either as the various options of enjoyment are located at the project itself.

Aksha Swapnalok would be an ideal pick for those hunting a 1 & 2 BHK flat in Moshi, Pune. This project has all the qualities of a dream home at nominal prices with no compromise on quality & security. Which reminds me the security system at Swapnalok is just up to the mark.  The 24*7 security system includes CCTV surveillance at every nook & corner of the project, video door entry and intercom facility for ever apartment.

At Aksha Group, we believe is providing amenities and facilities to our buyers that would help them to live a contented, happy and cheerful life in the luxurious 1 & 2 BHK apartment in Moshi, Pune.  So if you are still house hunting, then visit the site at the earliest or log onto http://akshagroup.com/ to know details about the project and group.

“SHE” in the “HE” world

When there is something is made or created especially for you, only you, everyone feels happy about that attention. On our birthdays we enjoy that love & attention for that entire day.  Women on the other hand enjoy that love a day extra than men. 8th March being celebrated as International Women’s Day worldwide lets every women feel special on this day. This day is celebrated and dedicated to all the women in the world as a conscious effort to appreciate, respect & shower some love on these beings.

 

Men being a little jealous think, why is there no Men’s Day? The reason why Women’s Day came into existence was because, back in early 90’s women were facing difficulties & inequalities in every area of interest. Being initiated in America, steadily this day gained importance worldwide as it was back supported by United Nations.

 

Being women is a great deal, especially in a male dominated world. Being on any part of the globe, women are still considered as second class preferences in terms of work.  Especially in a country like India where women Goddesses are worshiped and at the same time women at home are harassesd and tortured and at work they are considered less smarter than our Macho Men.

 

To protect women and their rights there are some legal rights made to help them fight back in horrifying situations. Handful of women know their rights and actually exercise them when needed. So this Women’s Day lets spread awareness about these rights & benefits we have so that all women feel blessed & know that the society cares for them. Let’s read through some of important legal rights every woman should know:

 

Right to Privacy:

 

When a woman is raped,she has the right to privacy where she can deny recording her statement in public (or police station) & demanding a woman constable to do the needful by interviewing her in private where no one over hears them.

 

Child Marriage Act, 2006:

 

The Prohibition of Child Marriage Act was made effective in 2007. This act defines the legal marriageable age for girl to be 18 years & above and for the boy to be 21 years and above.  Parents, guardians propelling their children for marriage who fall below the said age are subjected to action against law.

 

Dowry Prohibition Act, 1961:

 

Dowry being the most common practice in India is given by the bride’s family to the grooms family at the time of marriage.  Women after marriage are harassed and tortured for not being happy with the dowry received, thus making it an illegal act. The government of India has made the dowry system illegal. Families are subject to penalty if found practicing the system.

 

Right to no arrest:

 

According to Supreme Court, a woman cannot be arrested after sunset & before sunrise. Even if there are woman constables accompanying the officers, the police cannot arrest a woman at night. In case of serious crimes, the police needs to get it in writing from the magistrate explaining why the arrest is necessary during the night.

 

Equal Remuneration Act:

 

This Act prevents the discrimination of remuneration on the basis of gender. It ensures equal compensation for work to both men & women workers. Any women experiencing inequality in the payment system can report this to the legal system & action will be taken immediately.

 

Maternity Benefits:

 

It is mandated by law to provide Maternity benefits to women expecting a baby & has worked at least 80 days during the 12months  preceding her date of delivery. She is entitled to maternity benefits ie medical allowance, maternity leave & nursing breaks during her pregnancy.

 

I hope the above points help every women in our society know their rights. It’s a gift to us in a way. Which reminds me of gifts on this day. Who doesn’t like gifts. We all love to receive them.  Jewellery, clothes, accessories are ideal gifts for every women. But above all a home of her own will make any women more happy than anything else. So all you husbands out there gift your lady a house of her own this women’s day. Aksha Group one has many upcoming  residential projects in PuneTheir 1, 2 & 3 BHK flats are cheap as compared to other developers.  Hurry as they have some exciting offers running on 1,2 & 3 BHK apartments in Moshi, Chikhali , Pune.

Prepare your Home for Summer

With a start to the month of February, be ready to face a scorching heat of summer by applying simple design ideas at your home. To help beat the heat in a sustainable way, we’ve rounded up a list of things you can do to keep your home cool. From the simple stuff like window shades to delving a bit further in and tuning-up your house, there are plenty of proven ways to cut the AC out of your summer without sweating.

 

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Here are some tips to keep your home cooler during summer:
Get insulated curtains
Go around the house and drape sheets all over the exterior. These exterior curtains will keep the sun’s heat away from your windows but the breeze will be blowing if you wish to keep the windows open.
Let the air in
Having multiple entry and exit points for cross ventilation also do the job. However, the timing is the key. Keep as many windows and ventilators open as possible during early mornings and late evenings. During this time of the day, the air gets in without all the harsh heat from the sun.
Focus on lights
Replace your ordinary lights wit fluorescent bulbs. Though they cost more than average lights, they provide the light effect that is much cooler and saves electricity.
Color your roof
It’s a good idea to paint the roof of your house white in color, as the color helps in keeping the home cooler. Using lighter colors on the walls, furnishings and furniture helps too.
Plants on windows
While you are leaving windows open, also place some plants on the hedge. Window planters are easy to install and help humidify the dry air circulating inside.
Bamboo blinds
Bamboo performs a good job of blocking heat entering your windows, whether they are installed inside the window or on the exterior of the home. It also adds a style statement in your home interior.
At AkshaGroup, they make it point to understand the difficulties everyone faces in such seasons and hence we create abodes that are cool. Having 1, 2 and 3 BHK flats in Pune for sale, currently we are considered as one of the top builders of Pune. Our upcoming residential projects feature 1 and 2 and 3 BHK in Moshi, Chikhali for sale. To know more abour the projects of aksha group, log on to http://akshagroup.com/

Effects of Demonetization on real estate sector

On November 8, 2016 when Prime Minister Narendra Modi, declared to the entire nation about discontinuation of Rs 500 and Rs 1000 notes from midnight, the whole nation was shocked from this revelation. There was chaos everywhere, as people started to panic about the effects of demonetization on day to day life. Long & never ending queues stood outside banks & ATMs. There have been mixed reactions of people to this decision by our PM due to the hardships it has caused to common people but majority of them have reacted in the most overwhelming way.

Demonetization – the biggest news of 2016!!

Though the real motive behind it was to abolish the black money & also eliminate the fake currency from the market. In the long run this will definitely help to stabilize the country’s economy and also secure our nation from illegal actions. The effect of it has been different of varied sectors. Obvious ones are; inflation will drop down drastically, which will lead to the reduction the prices of various goods & services. Bank will have more deposits which will reduce the interest rates on loans & eventually due to payment of taxes; the government will have more money to spend of infrastructure & development of the country.

The Real estate sector is one of the sectors that has got affected drastically due to this move. Let’s read below the effects of Demonetization on real estate sector:

Homes loans getting cheaper: With more deposits being done in the bank, the fund holding of the bank has gone up in shorter span of time. This in turn will decrease the home loan interest rates significantly. The expected rate of interest would be between 8% to 10% on home loan in the year 2017.

Transparency: Due to the introductions of RERA’s amendments and demonetization affecting this sector back to back, there will much transparency in the transactions as all the payments will be made in white.

More Demand: Since home loan will get cheaper, the demand for houses will increase as the purchasing power will be in the hands of the buyers. Also the unsold inventories may come down since demand will increase.

Opportunities of foreign investment: With improvements and transparency in the economy there may be room for more foreign investments in the sector.

On the various points mentioned above, the real estate developers in Pune had a different take on each. Aksha Group, having many new construction projects in Pune, was much happy with the effects of Demonetization and implementation of RERA. Their 1, 2 and 3 BHK flats in Moshi – Chikali, Pune are a paradise to every home buyer. Affordable, comfortable & various payment schemes for the buyer’s makes this group much loved and trusted developer in Moshi & Chikali, PCMC.

Real Estate Regulations Act [RERA] a boon to home buyers

The Real Estate Regulations Act was formed by the Parliament of India in May 2016. This much awaited Act was passed, mainly in the interest of home buyers. This move is expected to benefit the home buyers a lot. The rules stated under RERA apply for both real estate as well as commercial projects. But the million dollar question is, will it bring transparency in the system as expected?
Developers around the country have mixed reactions to RERA. Some of them are happy with the law while some of them are finding it difficult to survive. Aksha Group, one of the top builders with lot many new construction projects in Pune seemed to be very happy with the formation of RERA Act. Their Chairman, said that transparency in the real estate sector was very much needed. Developers like Aksha Group who have always been honest & transparent with their buyers are happy that the buyers will start trusting the developer more now. There is no scope of fraudulent acts anymore. Aksha Group has 1, 2 BHK flats in Moshi, Chikhali, Pune
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Let’s read through the some of the outstanding features in the statute


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Registration of projects:

Pre registration of the projects above 500 sq meters is compulsory. All the documentation has to be done before the registration process starts. The entire registration process will start only once the documentation is done. After approval from authority on documentation the developer will receive a registration number.

No Pre-Launch sale of projects :

Builders cannot go ahead and the launch the project without the registration number & approvals on registration. The sale of property before registration ie usually “PRE-LAUNCH” offer will be history now. This is definitely good news for buyers.

Sale of Projects on Carpet size area only:

Buyers usually get confused over what exactly is the carpet area of the house. Carpet Area is the net usable floor area of an apartment, excluding the area covered by the external walls, areas under services shafts, exclusive balcony or verandah area and exclusive open terrace area, but includes the area covered by the internal partition walls of the apartment.
This will get transparency to the buyers as they will exactly know what they are getting. They wouldn’t at least get confused with the Carpet Area being the Saleable Area.

Restriction on use of funds:

RERA has made it compulsory for the builders to deposit 70% of the amount received from the buyers in a separate account which will be used for that specific project only. This will ensure that the buyer’s money doesn’t get misused. In case the developer is short of finance for some part of the project he will have to approach financial institute himself.

Delay in possession:

Incase the builder fails to give possession before the specified date, the buyer has full right to withdraw his money from the project. The developer will give full refund along with interest. In case they still want to continue then the developer will give interest every month to the buyer till possession.

Penalty on false advertisements:

In case the developer doesn’t give facilities to the home buyers as per the advertisements given by him or the developer gives false promises & doesn’t comply to it then the home buyers can withdraw their amount and will also get it along with interest.

Insurance of Land & Construction:

As per the norms laid by RERA, it is compulsory for developers to get the insurance for the land title as well as the building insurance for the construction part. This cost will definitely be thrown in the buyer’s kitty. This clause still has to be made in the insurance companies as well.

Let’s hope RERA will bring in some positive changes in the system.

Ways to beat the chilly winters

With festivals and New Year being just round the corner, December is the month to rejoice. In India, this part of the year is the coldest and hence we love to stay warm and curl up in our blankets. Though people nag about the weather in this season, its one of my favorite season. People wear layers of warm clothes to keep themselves warm, definitely replicating the trends we watch on our favorite English TV series.Sun setting a little earlier and chilled evenings, Pune has always experienced such weather and hence it has been on everyone’s favorite list. We at Aksha Group understand the difficulties everyone faces in such seasons and hence we create abodes that are cosy, warm and protective. Having 1, 2 and 3BHK flats in Pune for sale, currently we are considered as one of the top builders of Pune. Our upcoming residential projects feature 1 and 2 and 3 BHK in Moshi, Chikhali for sale.

Here’s how we think we you can beat the winter blues:

Use darker shade curtains with thicker fabric:Replace your curtains with darker shades curtains. Dark shade curtains will help to absorb sunlight and also keep the room warm. Keep the curtains drawn in the evenings so that air doesn’t pass in. Thicker fabrics will create obstacle for chilly air.

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Let sunlight fall in: In the day time open up the windows so that natural light will fall in directly. The sun rays that fall will keep the room warmer.

Use candles: Utilize the candles that you have at home. Lit them up in the evenings that will add more warmth to the house. The advantage of candles is that it creates a peaceful environment that brings backs the emotions to life. It’s a magical moment that is much needed in everyone’s life.

Room heaters would help: Use the conventional room heaters to heat up the room. These heaters are cheap and easy to install and of utmost use during the winter season. Using this appliance is easy and it heats the room fast and makes it cosy for the people living in there.

Beautiful young woman sitting by the window having hot drink

Change your food styles: Include more warming vegetables in your diet that provide warmth and nourishment.Carrot,potatoes,radish are a good pick.Dry fruits like dates and nuts are good. Poultry and sea food are full of rich proteins and are the ideal food for winters. In the evenings go for piping hot soups to maintain the balance in diet. Hot tea and coffee are also very helpful. Winter is the perfect season to stay home. Eating the right food and having a good comfortable sleep is what we think winter is about. Use this time to snuggle up in your blanket and read your favorite book or watch your favorite movie. Stay indoors and spend some quality time with your loved ones. Winter will go away before we even know so make sure you have some winter fun before the heat again sets in.

Pune the newest avenue for home buyers

Pune- a vibrant and thriving city situated in the western Indian state of Maharashtra. Pune was once upon a time called a “pensioner’s paradise”.People looked upto this city for peace and serenity. This city has grown exponentially to a centre of academic, IT hub, business and entertainment. Presently it is the city with youngest crowd. It tops the favorite list because of its proximity to hill-stations, forts, adventurous parks, resorts and not to forget places of pilgrimage too.
Lately, Pune has also become the hottest place to invest due to the presence of multinational companies in here. Young Indians from different parts of the country working in these multinational companies have made this city home. This in return has increased the demand for houses increasing residential projects relatively.

Let’s figure out why investing in Pune is a good deal:

Improved Infrastructure and facilities:

This city has been on a massive development juncture since centuries. Conscious efforts are made by the Civic body to provide the best of infrastructure in terms of roads and their connectivity. Pune is easily connected by road, rail and airways. Having multiple options in every transport mode makes it an easily accessible place.
In terms of residential projects, some of the best new construction is happening in Pune. Builders like Aksha group are providing cheap flats in Pune which include 1, 2 and 3 BHk flats in Moshi and Chikali, Pune.

Oxford of the east:

Being called the,”oxford of the east”, because of its excellent quality of education. The presence of some of the top colleges in different fields like medical, engineering, theater, IT and creativity makes this place a one stop solution to all. Not to forget Pune’s own university, Pune University is regarded as one of the best universities in India.

Booming IT hub:

The setup of some of the biggest IT companies in Pune is the primary reason why the investment in Pune is booming. Huge brands are coming to the city which has increased the employment rate. More job opportunities in decreasing the unemployment which is a positive factor.

Climatic Conditions:

Known for the best climatic conditions, usually evenings are cool and breezy throughout the year. Monsoon is the best time to explore the surrounding areas of the city. Winters are chilly and fun.

Lot of Greenery:
To balance the rapid developments of residential project a constant check is kept on the greenery part of city. There are lush green trees by the roads of the city. Areas like Koreagaon park, Salisbury park and Sinhagad etc are green and beautiful which adds to the serenity of the city.

Safety :
Being of the youngest city which also mentioned above, it’s still a safer place. Women find it safe and secure to even roam about at 12 in the night. Thanks to the Pune city Police who are on a continuous drive throughout the city.

Keeping all the above factors in mind the residential sector is booming due to the high demand of homes. Top builders of the city like Aksha Group, are constantly on a roll to provide some of the best projects in the city. Featuring 1, 2 and 3 cheap flats in Pune, they are providing budget homes to people who dream of having their own house in a city like Pune. Attracting both domestic and international buyers of property in Pune.