Mr. Vidip Jatia, Director, Belmac
2016 has been a promising year for real estate. However, due to demonetization there is a little sprain in
the market which in return will have a positive impact in long run, as it brings transparency in the
system. Carrying out of RERA will help boost and secure the interest of buyers to invest in the real estate
Based on our past experiences and understanding, we are anticipating that the sentiments of the
market will improve in 2017. Fence-sitters will be able to take a positive call which will in return boost
up the sales.
For coming years we are positive on the Pune market, as the city has been declared in the list of Smart
Cities. Pune is already an established Education & IT hub and witnessing future infrastructure
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