Balewadi on the brink of rapid real estate development.

Balewadi, which on first sight, seems remote and cut off from the hustle and bustle of Baner is in for an overhaul. A lots of real estate activity has been undertaken in the recent past and more is in the pipeline for the future. But this activity is putting a strain on the existing infrastructure and resources which are clearly inadequate for rapid development.

To rectify this inadequacy, constructive town planning around Balewadi has been proposed.  The ITI road and Baner road take the full brunt of Baner Aundh traffic leading to traffic jams during peak hours. To reduce this bottle neck, the DP road connecting Aundh and Balewadi has been proposed and is under construction now. This road will ease the congestion on  the Baner and ITI roads and lead to better and easy connectivity between Aundh and Balewadi, essentially reducing the travelling time from 20 mins to a quick 5 mins. This will also help the residents of Balewadi access the facilities available in Aundh and reduce their dependency on Baner to a great extent. This will also bring quality healthcare closer to Balewadi residents with hospitals like Kotbagi hospital and Medipoint being just a few minutes away.

The icing on the cake is that inspite of all the development, be it real estate or town planning, Balewadi will retain its greenery and forest cover. This is due to the fact that part of Balewadi is reserved by the PMC as forest land. So this green belt cannot be taken over by the land sharks. Add to this a river that flows through Balewadi, and sustainable growth without affecting the environmental balance is guaranteed.

DSK Developers, who have always given their customers quality homes, launched a residential project Gandhakosh in Balewadi, the Bhoomi Poojan for which was completed a couple of days back. With a river flowing so close by, a perennial green belt, Gandhakosh offers a life that’s will be closely intertwined with nature!

Visit: http://www.dskdl.com/site/current_projects/Pune/Gandhakosh

Call: +91 20 6604 7100 / 6604 7110

DSK Developers, committed to building homes not houses- offer luxurious 3 BHK Row Houses at Pune

Imagine the sheer exclusivity of an independent bungalow and the closeted comfort of a cultured classy neighborhood..or.. the transcendental quietude of being in mother nature’s lap yet within conveniently reachable distance of downtown Pune. DSK Vishwa conforms to every one of your perspectives about life and living.

Find all your favorites at DSK Vihwa- be it a jogging track for the fitness freaks or a game of badminton, or better still, a luxuriating swim in the pool to begin the day with. A well-stocked library, an amphitheater, restaurants, general stores, ATMs, even Banks-its all here- at DSK Vishwa, not to mention a top-notch school and a medical facility too.

Surrounded by an abundance of verdant greenery and huge open spaces to fill your senses with the exuberance of nature’s bounty and developed as a part of the sprawling 130 acre township, DSK Meghmalhar are elegantly designed 3 BHK Row Houses offering ultra modern amenities and concepts to make your living a dream come true.

With a lush carpet of 1,00,000 sq.ft covering the undulating terrain and dotted with sparkling fountains and cool blue water bodies, DSK Meghmalhar is a paradise of worldly comforts. The prestigious address hosts a variety of outdoor activity areas such as a gymnasium and a community hall with a party hall for your year-round celebrations. Children have ample playground, a basketball court and a skating rink while the senior citizens would find solace at the herbal gardens having a plaza and a number of convenient sit outs to rest and relax while on walks.

Feel the summer breeze on your ears and the monsoon drizzle on your cheeks. Enjoy the superb kaleidoscope of climatic variations at the picturesque Meghmalhar!

Visit: http://www.dskdl.com/site/current_projects/Pune/Meghmalhar

Call: +91 20 6604 7100

Property Loans – Impact of RBI guidelines on home loan borrowers

Real estate prices continue to climb and to add to problems of home loan borrowers, Reserve Bank of India has introduced some new norms and policies. These policies are bound to have an impact on the home loan borrowers and teaser loans are one of the areas where changes have been incorporated. Teaser loans were pioneered and promoted by State bank of India as low cost loans and these loans are offered at low fixed interest rates for the initial 2 to 3 years. After this initial period the interest rates go back to the normal floating rates.


The Reserve Bank of India has had serious reservations about teaser loans since it can be risky to the banks with borrowers being unable to pay the increased EMIs in the long run. For this purpose RBI increased standard asset provision on the teaser loans from 0.4% to 2%. Currently borrowers are able to get loans at low rates of 8% for fixed number of initial years following which the rates shoot up. The increased provisioning means reduced income for the banks.


Some banks that offer teaser loans include State Bank of India, ICICI Bank, Corporation Bank and Punjab National Bank. Borrowers opting for teaser loans should understand that the rates are low only for the initial years and they are bound to increase. The decision to buy a property should be taken only if the borrower likes the property and is able to pay increased EMI in the future. Base Interest Rates – Safeguarding interests of old and new borrowers.


As per the new guidelines given by RBI in April 2010 the lending rates will be fixed at base rate along with the borrower specific charges. The base rate will be fixed as per the cost of funds and so changes in interest rates will be passed to new as well as old customers. Banks will be allowed to experiment with the rates before the system is adopted from December 2010. Most banks are expected to determine their base rates in the range of 8 to 9%.


The purpose of this change is to allow increased transparency in rates of lending. Volatility in the market will also be reduced due to the base rate policy and there will be increased competitiveness among banks. Borrowers will be able to choose the bank that can best meet their requirements. Protecting interests of home loan borrowers through lowered loan to value ratio.


To exercise greater control over home financing sector in the country, Reserve Bank of India has made home buying an expensive proposition particularly for those who depend completely on bank loan. As per the new provision home buyers will now be able to get loan to the extent of 80% of the house value from the bank. The buyer will have to arrange the remaining 20% of the house value. Some banks were allowing loans of up to 90% of the house value and RBI introduced this new policy to curb this problem.


Visit: http://www.dskdl.com/

Call: +91 2066047100