LUXURIOUS HOMES
Are you an NRI seeking a trusted partner for real estate investments in India? Look no further than Pristine, where we understand your concerns and prioritize your trust.
With a rich legacy from 1985, Pristine has consistently been a beacon of excellence in Pune's real estate sector. Under the visionary leadership of Managing Director Pritam Goyal, we have completed over 9 million square feet of meticulously designed developments, redefining urban living with a commitment that spans nearly four decades.
Join us on a journey of prosperity, where your investment is not just in bricks and mortar but in a legacy of excellence and trust.
LUXURIOUS HOMES
Recognized as one of India's prime real estate hubs, Pune boasts a diverse portfolio, including high-end residences, flourishing IT parks, multinational corporations, and promising startups. Its initial reputation as the 'IT city' has evolved into a multifaceted landscape, with MNCs spanning various sectors such as automotive, information technology, biotech, FMCG, and food, contributing to the city's sustained growth.
Pune’s urban expansion is driven by major infrastructure developments that enhance connectivity and real estate growth. The Pune International Airport, located just minutes from Viman Nagar, ensures seamless global access, making it ideal for NRIs and business travelers. The Pune Metro is transforming intra-city travel, improving accessibility and boosting property demand. Additionally, the Pune-Mumbai Expressway provides effortless connectivity to Mumbai, strengthening the region’s economic ties. With expanding road networks and Smart City initiatives, Pune continues to experience rapid urban development, increasing its appeal as a premium real estate investment destination.
A compelling aspect that draws investors to Pune is its strategic proximity to Mumbai. Over the past decade, individuals, families, and corporations have increasingly sought property investments in Pune due to its close ties with Mumbai. The robust demand for commercial projects in Pune, driven by the industrial, manufacturing, and IT sectors, is further accentuated by the seamless connectivity offered by the Pune-Mumbai Expressway. This has solidified the notion of a 'Pune-Mumbai Twin City' and contributed to the city's overall economic vibrancy.
Pune's inclusion in India's ambitious 'Smart Cities' project underscores its commitment to comprehensive infrastructure development. The city boasts top-notch social infrastructure, renowned educational institutions, and excellent connectivity to major urban centers. For investors looking to capitalize on their hard-earned money, Pune emerges as the ideal choice, with sought-after residential properties, commercial offices, and retail spaces contributing to its thriving real estate market.
Yes, NRIs (Non-Resident Indians) can invest in Pristine Kyra. The process is seamless, and we provide assistance throughout the buying process, from documentation to legal support.
NRIs are allowed to purchase residential property in India under the Foreign Exchange Management Act (FEMA). You can buy property without any special permissions, provided the transaction is made in Indian Rupees through an NRE/NRO account.
Yes, NRIs can apply for home loans through leading banks and financial institutions in India. We can help facilitate the process with our banking partners for a smooth experience.
NRIs must make payments in Indian Rupees through their NRE (Non-Resident External) or NRO (Non-Resident Ordinary) bank accounts. All transactions must comply with FEMA regulations.
NRIs are subject to the same taxation as resident Indians, including stamp duty, registration fees, and property taxes. Additionally, if you sell the property, capital gains tax will apply.
You can either appoint a Power of Attorney (PoA) to handle your property transactions or opt for property management services to maintain and manage your apartment in your absence.
Pristine Kyra is designed with global standards in mind. Amenities like the bowling alley, golf simulator, music room, and proximity to international schools and the airport are ideal for NRIs looking for a luxurious and convenient lifestyle.
The project is located in Viman Nagar, just 5-10 minutes from Pune International Airport, making it ideal for frequent international travelers.
Pristine Kyra provides NRIs an opportunity to invest in one of Pune's most exclusive locations. With high growth potential in Viman Nagar, it's an excellent option for both personal use and as an investment property.
Yes, NRIs can repatriate the sale proceeds, provided the transaction complies with FEMA guidelines. The amount must not exceed the initial purchase cost if funded through an NRE account.
Property taxes in Pune include Stamp Duty, Property Tax, and Goods and Services Tax (GST)
To save on taxes:
Claim home loan interest deductions.
Invest in Section 80C instruments.
Consider joint ownership benefits.
GST applies to under-construction properties in Pune.
First-time buyers can avail of additional deductions under Section 80EEA.
Property ownership impacts rental income and home loan interest deductions.