Celebrating bond and trust this Mother’s Day!

Happy Mother's Day - Kumar Properties

From the very first lesson of life to the most recent mistakes, we have always approached our only best friend in the Universe, our Mother. This mother’s day we solidify the trust and bond that we have built over the past five decades with our happy customers.

What would be the most appropriate word to glorify the word “Mother” well, each one of us would have endless dialogues, more or less. We strongly believe that, Mother is the personification of one source, who provides unconditional love and support at all times!

Just like a sterling bond between the child and mother, mutual affection, trust that exists in the relationship we, at Kumar Properties, have established a very similar kind of bond with our 27,000 happy families, our brand ambassadors, and we define our strength by the trust we have built right from the very beginning.

Gaining of trust is not something that achieved overnight, and rewarded for the comforts of living in environment friendly projects, that we have established over the past many years. That is Kumar Properties’ record of achievements in the core service offerings. A record of not just only constructions, but creation of business spaces with latest infrastructure integrated nicely and life-long maintenance too.

Kumar Properties wishing a very divine and joyful Mother’s Day to all the lovely mothers in this world, who have been building trust and strengthening this amazing bond. Simply, not detachable!

What is Loan Payment Schedule?

In our previous blog, we had discussed about how the loan facility has made our life and work much easier. We also discussed about the important concept of EMI that is being associated with the loans that many of us can opt while buying a property, or any other important purposes. So, in this blog we will discuss about what loan payment schedule really means.

Want to know how to monitor the interest, and principal amount that you are paying for the loan you have opted for? Need further information about your loan EMI payment of the specific month? Well, let us know all these right after exploring the section of Loan Payment Schedule.

What is the significance of Loan Payment Schedule?

This term also known as amortization schedule, a tabular presentation of the loan you have opted for, with the EMI payment you need to pay for the loan. With this table you can draw information regarding interest, and principal portion of your particular EMI payment. It helps the lender/investor to audit how the loan payment is being made, studying in details as to how much of loan is left or how the loan is being paid. The table also displays data related to the time period of the loan payment, EMI, outstanding/remaining loan, interest and principal payment. This tabular presentation proves to be very useful in case you want to foreclose the loan, or just wish to refinance the loan.

If you have applied for a loan and have been paying EMI from the past several months, and you need to know how much you have already paid as an interest and principal amount, then you must check the loan payment schedule today! Stay connected for upcoming blogs.

Read More : -

• WHY EMI FOR LOANS?
• WHAT IS LEASEHOLD PROPERTY?
• FORMS OF OWNERSHIP OF A PROPERTY

WHAT IS LEASEHOLD PROPERTY?

Are you in search of a property that you can take on lease? Are you having queries regarding buying a leasehold property? As discussed in our previous blog, let us help you find the answers to your questions, you have been looking for. The following section can help you with more clarity on leasehold property.

What is a leasehold property?

The meaning of Leasehold property is that, if you have taken a property on lease from the freeholder, or the owner of the property for a specific duration. The leases are usually for a long term however, they are customizable depending on the freeholder.

• There is a contract or an agreement that is made between the leaseholder and the freeholder, which defines the legal rights, and the responsibilities of both parties, i.e. leaseholder and freeholder. 
• Maintenance of common areas of the property is usually the responsibility of the freeholder. This would include, maintenance of the entrance and staircase, terrace and walls. Still, if the leaseholder claims the rights to manage the property, then in that case, it becomes the responsibility of the leaseholder to take care of the common areas of the property.
• Maintenance fee, annual service charges, and insurance of the property to be paid by the leaseholder only.
• The leaseholder is liable to pay the annual ground rent to the freeholder.
• The freeholder has the authority to grant permission for any major work that are requested by the leaseholder. 
• The freeholder can set restrictions for the leaseholder as per their requirements, e.g. no permission for keeping pets.
• In case, the leaseholders do not abide by the rules and responsibilities assigned by the freeholder regarding the property, e.g. not paying the rent or the maintenance charges, the leaseholder may have to face the loss. 

Now that you have more clarity on what leasehold property stands for, you may go ahead and buy your dream home with much confidence and general awareness. Hope this was pretty helpful for you. Stay connected and be safe.

Read More :-

1)  FORMS OF OWNERSHIP OF A PROPERTY

2)  KNOW THE FACTS BEFORE BUYING A PROPERTY IN PUNE

FORMS OF OWNERSHIP OF A PROPERTY

Kumar Properties - Pune

Are you having plans to make a property purchase? What kind of a property type are you in search of?

Having questions regarding what are  freehold properties? Let us help you find the answers to your queries, and know what are the forms of ownership of a property!

Legally, there are two forms of ownership. Those are freehold and leasehold. Although, there are different perception about spending on a home, that would be worth buying, and the ones that are not. People who are unaware of these facts, eventually make blunders while buying a property.

What is a freehold property?

Having a freehold property means, that you are the owner of the building, and the land on which it is standing. The land is registered by your name as “freeholder”. Having a freehold property is the most preferred option, where the chances of committing mistakes are very less.

• You will not be paying yearly rent
• You are not answerable to anyone for maintenance of the building and, you don’t have to pay to anyone extra amount
• You are responsible for the roof maintenance or wall paints as needed
• Complete houses are often sold out as freehold properties

With a clear information on what freehold property refers to, you may now have a well thought approach for making a new property purchase. What else could have been more better, than to have a home under your authority! You don’t have to worry about making payments for maintenance, and service charges laid by somebody else in a property that is given on lease to you, over the freehold property? For people, who are in search of properties just for investing or buying a new home, can refer to the various projects of the builders, and developers in Pune.

We shall answer some of the other questions regarding the forms of ownership in our upcoming blog. Till then, stay connected.

Read More:-

1) KNOW THE FACTS BEFORE BUYING A PROPERTY IN PUNE

2) WHAT ARE THE ASPECTS TO CONSIDER BEFORE BUYING A PROPERTY?

Kumar Pinakin, stylish 2 & 3 BHK Luxurious Apartments in Baner, Pune

Kumar Pinakin - Kumar Properties

Kumar Properties is a renowned brand and one of the major players in Pune Real Estate sector with annual sales of more than one million sq.ft., the group was founded by Mr. K.H. Oswal on August 15, 1966 and earned the pioneer status for IT Parks, Commercial Buildings, Malls and Mega Townships in Pune, Mumbai and Bangalore regions. Kumar Properties considered 27,000 satisfied and happy families as their brand ambassadors and true strength behind its mega success. Providing complete solutions to its esteemed clients, the Group is a symbol of trust and integrity built through its quality of work.

If you are on the lookout for 2, 3 BHK luxury apartments in Pune then, Kumar Pinakin is definitely your best option to match your expectations. This project is located near Hinjewadi’s IT park and Mumbai-Bengaluru highway. With modern amenities, Kumar Pinakin offers you with every need to suit your taste.

Luxurious Apartments - Kumar Properties

Kumar Pinakin features a top class earthquake resistant construction that has empowered it to face nature’s challenges. Some of the attractive features in this project includes, solid wood wide jamb door frame with solid wood shutter for main door, water-resistant FRP door shutter with SS fitting for toilets, pre-moulded HDF SKIN doors with SS fittings for bedrooms, powder-coated aluminium sliding windows with MS grills, acrylic emulsion paint for walls and ceiling along with gypsum punning on walls, designer look for lobby entrance that’s indeed charming and refreshing. Also, the balconies/terraces feature anti-skid tiles that ensure protection in rainy season. Designer entrance lobby and Acrylic emulsion paint for the ceilings as well as walls, indeed rends a rich and enhanced living experience to investors.

WHAT ARE THE ASPECTS TO CONSIDER BEFORE BUYING A PROPERTY?

Kumar Properties is one of the leading Real Estate groups in Pune, Bangalore and Mumbai in India. It offers best deal in buying residential homes with all standard amenities at a very reasonable price tag to its esteemed customers, in compliance with the tagline “building trust and reliability since 1966”

Anyone who is planning to buy a property, it is mandate to keep certain important factors into consideration which are as follows:

• LEGALITY: Buyer must check the approval of the plan which includes architectural drawings or maps of the building before going ahead with the agreement process.
• LOCATION: It is one of the prime aspects in terms of connectivity with the main city and other daily facilities like hospital, railway station, school etc so, the buyer must consider them as well.
• FEATURES: This includes building features and specifications related to facilities and amenities provided in the flat.
• COST: A buyer must do a complete survey about the pricing of a location where the individual is planning to buy a property that too should be taken into consideration.

Kumar Properties 

Benefits of buying a property directly from the builder

Speaking of best real estate deals in Pune it is indeed hard to give projects by Kumar properties a miss! The group in its fifth decade of presence in real estate sector has earned the pioneer status for itself across construction segments. Backed up with a strong team of experts the developments made by the group have indeed been a witness to the test of time. Kumar properties have considered 27,000 satisfied and happy families as their brand ambassadors and their true strength. Be it a commercial property or a residential property, Kumar Properties deliver all with equal finesse.

Projects by Kumar Properties - Pune

With over one million sq.ft sold annually by the group, it is indeed pretty evident that Kumar Properties tops the list in Pune’s real estate segment. Apart from superior quality work, the group also ensures that it stands by their words with timely project completion and personalized service offerings. Property developers are often responsible for obtaining all the necessary permits like - Putting sewerage in place, plotting building lots as well as obtaining electrical lines. Providing water supply and roads leading to the project is also their responsibility, hence you get to be miles away from this mess.

Speaking of some of the advantages of buying a property from builder or a developer the following cannot be missed –

• As a buyer you have one point of contact thereby allowing for more accurate completion estimates.
• There’s no confusion about roles and responsibilities. Not only does the buyer know who to contact, a builder/developer also knows they’re responsible for every step of the process.
• There’s a single vision for the property. When a developer knows they are going to be building and selling the properties, it’s often easier to make decisions about planning, architecture and even landscaping.
• There are fewer delays in building because some tasks can be done in tandem when the same company is doing the both the developing and construction.
• A developer/builder takes a long-term, holistic view of the investment allowing cost-savings passed on to the buyer.

Bring in a Sense of Belief, Security and Prosperity this Diwali

India has been known as a mystic land of strong cultures and beliefs. Dedication and faith in local traditions are considered to be one the strongest around the globe. Undertaking a new venture or investing in expensive deals often awaits beginning of auspicious days. The festive season in India has a strong underlying meaning to it and effectively manages to bring-in a sense of belief, security and prosperity amongst the buyer lot with the new projects in Pune.

Another reason why the domestic population waits for the festive season to buy is for the lucrative offers like discounts, freebies and schemes offered on Pune properties are often hard to resist during the festive season. For Hinduism followers in the country, the festival of lights, Diwali (Deepawali) is considered the most auspicious period to invest in a new property. Modern day lucrative deals from various property dealers in the country further induce a purchase decision. Investing in a reliable Pune property is definitely fruitful in the long run, and as homes are generally brought around this festive season, it leads to belief that the period in which the house was purchased has brought gains whenever it shall be sold at a later date.

Kumar Properties Construction and Biotechnology has been one such strong name in the construction industry. With number of new projects in Pune, The Company has about 6 big projects that are loaded with modern amenities, good quality construction and delivers living in an upmarket home experience. The Kumar Picasso located in Hadapsar offers 2 and 3 BHK Luxury apartments. The apartments have been well-designed and are spacious. The luxurious homes come with the perks of private gardens, beautiful open spaces, exquisite landscape, verdant sit-outs alongside large rooms that invite you to stretch out and enjoy. Kumar Prithvi, another one such premium lifestyle offering from Kumar Properties is located at Marketyard Annexe and is also available 2 and 3 BHK apartment options. The building being strategically located offers easy access to the owners for their daily activity. Over 300 families in Kumar Prithvi's Phase-I have been happy with their purchase. The third project named as Princetown Royal is located at NIBM Road and it offers 3 BHK luxury apartments. The project spanning around 8 Acres has been well planned and designed to meet even the basic needs comfortably.

The Fourth Pune Property from Kumar has been named as Kumar Pinakin that is also strategically located and provides easy access to vital points. Spread on scenic location, the building adds touch of class and finesse to its occupants. The fifth property on card, is the Kumar Panchsheel that claims to be a place where memories last a lifetime. Located at Padmavati and surrounded by mountain-scape and nature the 1 and 2 BHK property here is a delight. The sixth property from Kumar Properties is the Park Infinia that is available in 2 and 3 BHK options and located in Phursungi. Its 41 acres of sprawling land makes it's a value for money deal. Lush landscapes and aesthetic planning has indeed brought heaven on earth through number of new projects in Pune offered by Kumar properties. 

Wadgaon Sheri – An Upcoming Premium Residential Destination

Are you looking to buy a lavish flat in Pune at a premium location along with a high class neighborhood? However, you doubt that the same would not fit your budget? Then, Wadgaon Sheri, an upcoming and fastest growing residential destination in Pune offers the apartments that are as good as Koregaon Park fitting your pocket. The area is located off Mundhwa Nagar Bypass, just few minutes’ drive from Koregaon Park.

Being in Gram Panchayat for a longer time, Wadgaon Sheri was popularly known as an industrial hub earlier. Now since the location is included in Pune Corporation, it enjoys all the benefits offered in PMC limits and is also gaining popularity amongst the buyers.

A premium residential destination, Koregaon Park is already saturated with luxurious residences. Hence the nearby locations are being explored by renowned builders in Pune. That‘s how Wadgaon sheri comes into limelight. Along with good public infrastructure, the area falls within a 5 - 6 km periphery of Koregaon Park, Mundhwa, Kalyani Nagar, Hadapsar, Kharadi and Camp.

Inorbit mall, Phoenix market city, Seasons Mall, Amanora Town Centre are few of the places closeby for entertainment and shopping with friends and family. Also the area is in the close vicinity to the IT Parks namely Cerebrum, Eon and Magarpatta.  A 15 – 20 minutes drive from Pune Airport and Railway Station, the area has a peaceful environment with a lot of greenery.

Now, with so many better prospects on its side, there is no doubt, that the place is the rapidly developing with all facilities that are required for leading a modern urban lifestyle. Amongst the number of fabulous residential projects offered at this location, Kumar Primavera is one of the best choices. Developed by Kumar Properties who believes in delivering the best of lifestyle to its customers, Primavera is sure to satisfy your search for a perfect home.

At Primavera, you would find these beautiful and stylish residential apartments in the configuration of 995 sq. ft, 1093 sq. ft., 1041sq. ft. and 1065 sq. ft. Falling in the midst of Kalyani Nagar and Kharadi, this residential scheme is an excellent combination of exciting and active city life featuring the range of high end amenities.

So to take an informed decision, logon to www.kumarworld.com today OR plan your site visit.

A Home That Reflects Your Lifestyle

It is always good to catch the latest trend of the market to match.  If you are planning to buy a home altogether with the luxurious living and ultramodern amenities, new residential apartments in Pune are up to the mark.

However, before finalizing the deal of such luxurious home, one must have a clear idea on the purpose of purchase. One should always check if the property has good transport connectivity to daily needs around. Also one should verify if it fits the budget, transport facility and other legal guidelines.

Buying luxurious flats in Wakad at Kumar Properties, one of the trusted names in the real estate industry is the best choice. With a good architecture and aesthetic designs, Piccadilly promises to give a lovely and peaceful life. It is a concept of the home, planned in such a way that offers a stylish home with a good connectivity and fits the expected budget.

Located at Wakad, this residential apartment in Pune offers 2, 2.5 and 3 bhk apartments along with ultra modern amenities like swimming pool, gymnasium, club house, children’s park and many more. In a close proximity to Wakad, it has quick access to Pune – Mumbai Highway. Also the place has a very good connectivity to the Balewadi stadium, Aundh, Baner, Pashan, Chandni Chowk etc. Shopping centers, entertainment zone etc are within your reach from here. Wakad is also surrounded by the good educational institutes like IIMM, Indira College, and JSPM, that makes the place, a home for most of the students.

So enjoy life at your convenience and live peacefully at Kumar’s Piccadilly.

Wadgaon Sheri- The Next Koregaon Park of Pune?

Wadgaon Sheri, which was a industrial hub for a long time, has seen massive development in the residential segment – flats in Pune in recent times. After remaining a Panchayat for many years, Wadgaon Sheri was brought within the PMC limits which has led down the foundation of  development of infrastructure and facilities.

Located on Pune – Nagar Road & in vicinity of premium neighborhood of Viman Nagar and Kalyani Nagar, Wadgaon Sheri is rapidly growing as a real estate destination. The area is ideally surrounded by major malls like Inorbit, Phoenix Market City, IT Parks like EON IT Park, Gigaspace and Magarpatta city. A 10 minute drive from Pune Airport and 20 minutes from Pune Railway Station, the area is becoming the most convenient and preferred destination. Looking at all the better prospects in terms of commercial and residential, of the total existing supply of flats in Pune, real estate developers in Pune have cashed in on a rising demand for resale and ready to move flats in this part of town. Therefore strong demand for rental apartments in future is also being preempted.

Kumar Primavera in Wadagaon Sheri– Luxury and Comfort of Living

With an easy access to all the routine necessities, along with luxury living, Kumar Primavera is one of the most popular properties in Wadgaon Sheri. It offers premium 2 & 3 BHK apartments. These elegantly designed apartments are a creation by Kumar Properties, one of the trusted real estate developers in Pune. Kumar Primavera offers up market suburban lifestyle along with the basic amenities like gymnasium, clubhouse, swimming pool, lush green garden and the market along with the entertainment hang outs nearby. These flats in Pune are a wonderful property to live in with a great location in the lap of nature.