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Q. PCMC (Pimpri Chinchwad Municipal Corporation) is richest corporation in Asia… what do you have to say about it….
Commissioner: PCMC was the richest corporation in Asia, but not as of now under the per capita measures. This is due to the increase in the population which has led to the increase in denominator. 

Q. What developments are you planning for PCMC?
Commissioner: I am very focused in terms of infrastructural development of PCMC. There are lot of projects to be launched under the JNURM (Jawaharlal Nehru national Urban Renewal Mission ) plan.
BRT services is among them which will be live in a year’s time. The system will when completed comprise eight routes with a total length of 112 km, with improved street lighting and passenger facilities on the roads used by the system.
The BRT operates through four corridors (two from each municipal corporation), which include Nagar Road and Alandi Road under PMC, and Nigdi-Dapodi and Aundh-Ravet under PCMC.
 “There are several misconceptions about the BRT. For instance, since it occupies a sizeable portion of the road, people think it will disturb traffic. Our aim is to convince people that BRT is feasible, by showing them successful examples of the project,” said Dr Shrikar Pardeshi, PCMC commissioner.
In terms of tourism we have already built a Science park which is one of its kind. In 2 years they plan to construct Planetorium at the same location. Balnagari near Moshi and Bhosari is also on cards. This Balnagari is going to be a play zone filled with number of toys and games for children.
Also the beautiful Pavana River front near Morya Gosavi will be developed in terms of leisure activities in near future.

Q. What are you planning to do for Moshi residents differently?
Commissioner: The spine bridge is a high capacity transit road. It has been constructed keeping in mind the heavy load transportation that is it is going to take in near future.
The Metro which connects Chakan ( Proposed International Airport) via Moshi is another attraction.
A 30 m wide BRT is under the cover from Dehu to Alandi via Moshi.

Q. What is your budget for Moshi and how and where has it been distributed or invested?
Commissioner: There are no special budgets allocated to any particular area in PCMC. But, more allocation is given to the areas which are developing rapidly and where the demand is more. Hence Moshi having tremendous capacity to grow is the focus point now.

Q. How well is the water supply distributed in Moshi.. any rainwater harvesting or recycling projects?
Commissioner:  We motivate the builders to use environmental friendly raw materials. Rain water harvesting implementation is a mandate for all builders in their projects.  

Q. Are the residential and commercial projects in Moshi planned keeping something different in mind…. Like any new idea implemented?
Commissioner: A concept called Griha from Delhi has been implemented by lot of builders. And the builders who are implementing such more environment friendly measures are given benefits.

Q. Why is Moshi attracting real estate buyers?
Commissioner: Moshi is the fastest growing town because of some prime reasons…
1. Proximity to Chakan – Chakan is the fastest growing industrial area as MIDC has given them a dynamic infrastructure. The world’s greatest automobiles industries have established there office in Chakan, leading to exponential growth for the people around leading to opportunities increase for real estate, employment for all the sectors and much more…..
2. Proposed International Airport – The proposed international airport at Chakan or Khed is another key factor for the development of Moshi.
3.  Moshi is at the border of PCMC, i.e. the last destination within the city limits and then the rural area starts. This talks about its relative proximity to city and its importance.
4. ICC- International Convention Center – this project is under Pradhikaran and is one the largest projects. It will be completed in 3 phases. This project is going to attract lot of investors.

Q. What kind of planning been done or implemented in terms of employment.. like what kind of industries  are coming up in Moshi?
Commissioner: For employment there are lot more industries coming in MIDC Chakan. Also once the ICC is built that would create opportunities. IT Zones have also been allocated.

Q. Any villages planned to join there borders with PCMC… when is that going to happen?
Commissioner: Nothing has yet been finalized. The proposal is yet under covers.

Q. Out of curiosity.. I have question in my mind.. why the name Spine to the flyover.. is spine of PCMC or moshi….
Commissioner: The spine name has been given by Pradhikaran. May its because it connects two major highways – Pune Mumbai Highway and Pune Nashik Highway.

Q. Tell  us something about yourself.. you have completed MBBS MD and then you moved to become an IAS officer…
Commissioner:  I am basically from Sangli …. But was raised in different cities… was in PCMC School till preprimary School. I completed MBBS and parallelly  I was preparing for IAS and MD. I joined IAS services in 2001 with Kolhapur as my first posting. Pune is my 5th posting. I have in total spent 24 years in Pune.

Q. What motivates you in your life when you go through such hiccups or rough patches in your life.. like whats your strength…
Commissioner: Problems of a common man and an urge to solve those acts as a motivation to me. I am in the system and I have the authority to change the system.

Q. How do you tackle the pressure of maintaining balance between a family man and a commissioner?
Commissioner: Its difficult to put in words.

Q. Where do you like to engage your time when you are not working?
Commissioner: I like to read. I read books which give me new ideas. My favourite authors are Nandan Nilekani and Narayan Murthy.

Real estate in India is quite different than most of the countries. Because of India’s diverse culture, variety and growing economy it has got an attraction and has acquired a different image in the world.

Some of the Metro cities in India are growing very fast. Metro cities like Mumbai, Delhi, Bangalore, Noida, Chandigarh, Pune are common and most preferred destination for investors these days. With Mumbai ranking top in 2013 as best choice for real estate investment and Pune as the second city preferred in the State , especially because of the scope it offers for IT industry. Residential properties and Flats in Pune offer great benefits and sense of fulfillment for both families and businesses.

IT cities like Pune, Bangalore, and Mysore offers lot of scope of investment in future because India is growing economically. Needless to say that NRI has a great contribution for growth in this sector. Real Estate Projects in Pune and Flats in Pune

1. Know few important things, for example

• Getting a Encumbrance Certificate,

• Verification of ownership,

• NOC and Tax etc.

2. RBI Guidelines for Acquisition and Transfer of Immovable Property:

This is very crucial for NRIs :

Reserve Bank of India has levied some guidelines for the transfer and acquisition of immovable property, this includes :

1. Foreign national Person of Indian Origin (PIO)

2. Person As Non-resident Indian (NRI)

3. Mode of Payment

4. Repatriation of Sale of residential and commercial property

5. Provisions for foreign Embassies

6. And other Aspects –

For ex : “Can NRI / PIO rent out the residential / commercial property Purchased out of foreign exchange / rupee funds?”

For complete details Please go to RBI Guidelines For NRI and RBI FAQ’s for acquisition of property in india

3. Where to buy a Property:

NRIs have lot of options to buy property in India. It would be better for investing in developing cities rather than already developed and established city. Because the ROI will be very good and there will be scope for future development. The Majority
of NRIs opt for Apartments and flats for residential purposes, however, commercial properties are also good option for NRIs wanting to start business or set up an office here in India.

In Pune some of the favored destinations for NRIs are

A. Hinjewadi IT Park :

It is the most beautiful and rich place to live in Pune. Though it is quite far but has all world class facilities and is growing very fast. It is under constant review and is home to major IT companies of the world – investing in properties and apartments in hinjewadi has always been a top priority for investment. Please click here for more information in apartments in hinjewadi pune.

B. Kharadi : Kharadi is becoming a hot spot of Pune.

Kharadi is the best sub-urb of Pune.The advantage of this place is that it easily connected to major places of the city and falls under SEZ and also IT park which is reason why it is attraction for major IT Parks. Apartments in Kharadi are also in great demand.

Some other hotspots in Pune are Wakad, Baner, Sinhagad Road.

4. Finances: Your Budget and Home Loans

When it comes to buying an apartment managing finances becomes very important. It will also depend on when you are planning to invest. You should take help of banks and get details of home loans that will help you manage your investment. One of the most important thing is to know the exact amount you will be paying at the end of your loan term.

5. Self Monitoring and Research:

Always remember that you should get best deal out of it and at the end be fully satisfied with your apartments. It is always recommended to also keep doing regular research. Ask people already living in that area and take their opinion on the authority and reputation of the builders and property dealers of your city.

If you need any help regarding the buying flats or apartments and property dealers we are here to assist you. Punerealestate.com is a comprehensive directory for information about real estate and we provide free information about the latest real estate projects, apartments and flats in pune, India.