Panama Real State features Caribbean as well as Pacific beach, island, mountain, jungle along with farm real estate property alternatives. Lots for purchase throughout Panama is reasonable and similar to what it had been in places such as Costa Rica ten to twenty years back. Therefore there are generally excellent Panama investment opportunities to be found.Panama has grown into a favorite holiday destination and also retirement location, helping to make Panama Properties investments quite appealing to tourists, retirees as well as others. Panama offers an outstanding incentive program intended for retired persons, wonderful local climate, lower cost of living, a low crime rate as well as tax advantages. For overseas investors, Panama delivers several very important incentives which include a US dollar based economy, Free Trade Zone, and global banking, and the like.Panama Real Estate SalesAcquiring properties in Panama is very similar to the way it is completed in many other countries such as the united states. The majority houses or land for sale in Panama possess titles or can be titled, title insurance policy can be bought, traditional mortgages can be obtained and Panama has foreign investor protection laws that will make sure the normal rights of land ownership.Furthermore, the real property market here has proven to be stable over time, which is why various world-wide real estate firms including Century 21 and Coldwell Banker have established franchises in Panama City. More than 150 global banking institutions, which includes such major ones as HSBC, Lloyds, and Citibank established businesses as well in order to provide complete financial services.Investing in Panama CityPanama City has become a modern day metropolis – there are many high rise buildings looking over the ocean and also Bay of Panama. Exclusive housing locations such as Marbella, Paitilla, Coco del Mar, Punta Pacifica and San Francisco provide a good assortment of condominiums and condominiums for sale. Suburban residential areas in the former Canal Zone such as Amador Heights, Balboa, Albrook and Clayton supply sizeable and attractive single-family properties and condo properties.Casco Viejo, the oldest city on the Pacific Coast of the Americas, has developed into enticing location for real estate investment opportunities. Encouraged by the Panamanian government, Casco Viejo investment incentives are available for the restoration of the historic Casco Viejo area.Panama Acreage for Sale within Other locationsOutside Panama City, one can find amazing real estate properties located in popular destinations such as, Chiriqui, El Valle, and Altos de Maria. Recognized mainly for their cooler climates, outstanding flora and calm peaceful ambiance, real estate in the highlands of Panama are perfect for all those thinking about retirement abroad.Bocas del Toro is another popular destination for Panama Properties. Bocas del Toro is best known for its crystal clear waters, rich Antillean culture, unique over-the-water architecture and laidback exotic atmosphere. In recent years, Bocas del Toro has developed into a thriving center for European and American expats, along with an extraordinary number of tourists.Values in Panama InvestingReal Estate values within Panama and mainly in these Pacific coastline beach locations happen to be appreciating very steadily, and as interest and expansion increases so to do real estate valuations.Numerous people who find themselves seeking retirement real estate are finding the acreage for sale in Panama. Panama investments are very good decisions because of the government’s help. Panama Real Estate continues to be a good investment decision for retired people.
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Pimpri Chinchwad – The Evolution Of A Pune Real Estate Paradise
If you are new to this new Pune real estate boomtown – Pimpri Chinchwad, you need to know that its a modern twin city situated South-East of Mumbai, in the North – West quadrant of Pune.Pimpri Chinchwad also happens to be the fifth-most populated city of Maharashtra and has long been famous for being one of the most prominent industrial destinations outside Mumbai.The twin cities of Pimpri-Chinchwad, governed by the Pimpri Chinchwad Municipal Corporation (PCMC), are located 15 km from the Pune city centre. They form a continuous urban stretch, adding to the overall Pune Urban Agglomeration, and contain a thriving industrial belt that primarily consists of engineering and automobile industries.In fact, PCMC and Pune, when viewed as a unified geographical unit, make up one of India’s largest industrial areas. Pimpri-Chinchwad has contributed a lot to the fact that Pune is the second-largest industrial city in Maharashtra after Mumbai. That fact alone has already spelt gold in terms of the Pune property market – but there’s a lot more. Let me tell you a bit more about this new real estate boomtown, and why it has come so much into the limelight. As we know, location is everything in the real estate market – both in terms of connectivity to the primary city and pleasantness of environment.Pimpri-Chinchwad: Location And ConnectivityPimpri-Chinchwad is situated on the Deccan Plateau and is surrounded by hills. It rises 560 meters above the mean sea level, near the confluence of Mula and Mutha rivers. Moreover, the Pavna River traverses the city, with the Indrayani River cutting through it on the north-western outskirts.Accessibility by road is excellent, to say the least. Pimpri Chinchwad is situated on the confluence of NH-4 (the Mumbai-Bangalore highway) and NH-50 (the Pune-Nasik highway).In fact, the PCMC area boasts of an extensive network of national highways to major cities like Mumbai (163 km), Nasik (202 km), Nagpur (880 km), Bangalore (835 km), Chennai (1166 km) and Hyderabad (548 km).Railways are an important ingredient of economic growth, and Pimpri Chinchwad is located on the Mumbai-Pune mail line. It has broad-gauge, direct connectivity to Mumbai, Bangalore, Chennai and Hyderabad.The Pune airport, which is just 20 km away, has regular direct flights to New Delhi, Mumbai, Bangalore, Kolkata, Chennai and Hyderabad (not to mention direct flights to Dubai and Singapore).Industries in Pimpri-ChinchwadThe Pimpri-Chinchwad area is home to over 4000 industrial units in the large, medium and small sectors, these include some of the most reputed industrial companies of the country. Needless to say, this makes it one of the most developed industrial belts in Maharashtra.Where did it all begin? With the arrival of Hindustan Antibiotics in 1954. The establishment of this public sector pharmaceutical company proved to be a major catalyst, and PCMC saw rapid industrialisation over the next few years.To prepare the region for the boom to come, the Maharashtra Industrial Development Corporation (MIDC) procured large tracts of land in 1956, and in no time at all multinationals like SKF and Phillips, and Indian giants like Tata and Bajaj set up major units here.Today, PCMC industrial portfolio includes a large number of engineering units as well as a number of other industries such as pharmaceuticals, chemicals and telecommunications.With such a scale of industrial development, the PCMC area emerged as a major employment treasure trove, and the population grew exponentially. Today, Pimpri- Chinchwad is a metropolis in its own right, and is rightfully considered Pune’s sister city.Climactic Magic in Pimpri-ChinchwadThe PCMC area has invigorating climate throughout the year, thanks to it high altitude, moderate rainfall and a green cover that Pune cannot even begin to compare with. The monsoon arrives in during first week of July and extends to mid-September.In this period, PCMC witnesses an average annual rainfall is 700-800 mm. The maximum relative humidity during the rainy season is 70-80%, and falls as low as 30% on summer afternoons.This is as close to a perfect climactic setup as one can achieve anywhere in Maharashtra, and is one of the main reasons why so many people from various regions choose to settle down here.Ready For A Home In PCMC?Pimpri-Chinchwad is now an extremely popular residential destination, which is why real estate development here has picked up rapidly over the last three to four years.One of the most important features of the PCMC residential property market is the fact that it features large and amazingly modern integrated residential projects. Homes in these projects offer everything required for a comfortable lifestyle within them – often at half the property rates prevailing in Pune.
Planned Real Estate Development in PCMC – Healing Pune’s Urban Sprawl
What is it about Pimpri Chinchwad and its township properties that is so different from what is happening in the rest of the Pune property market? To understand this, one has to first understand what goes into the formation of a planned city.The breath-taking residential areas that now dot the Pimpri Chinchwad Municipal Corporation map are not an accident – they are the result of carefully planned social, economic and real estate growth.Unlike the central areas of Pune, the real estate market in PCMC has been scrupulously shielded from the central city’s ad hoc development style. The vigilance and futuristic thinking that went into this avant-garde satellite city have added a completely new dimension to the concept of residential properties in Pune.From the very outset, the PCMC planning authorities were determined to avoid the mistakes committed in nearby Navi Mumbai, popularly known as the world’s largest planned township. After all, what began as regulated development in Navi Mumbai soon began giving way to commercialised expansion.Instead, PCMC adopted a blueprint for smart growth – a blueprint that placed utmost importance to organized urban planning. No scope was given to a nearsighted focus on capitalization on this new area’s development potential – the onus was firmly kept on long-term considerations.This was to be the city of the future – a place where residents could work, live and relax without any of the constraints that plague the rest of Pune. Slowly, almost imperceptibly, the landscape of this previously ignored satellite city changed. Proposals for faster development were turned down. The master plan stayed in place, and the results are now brilliantly evident.Today, Pimpri Chinchwad Municipal Corporation is an acknowledged masterpiece of community-oriented real estate development. It has a unique blend of sustainable residential spaces, highly advanced transportation networks, a broad spectrum of employment opportunities, modern housing typologies such as township properties and superior supportive infrastructure. At every stage of planning, this city’s inherent natural, cultural, sociological and economic resources have been carefully preserved.This incredible growth area is now the most logical option for residential property in Pune today. For home buyers, PCMC is the prefect alternative to Pune’s unregulated urban sprawl, rapidly compounding traffic congestion and disconnected neighbourhoods.Considering the increasing evidence if rapid urban decay in central Pune, township properties such as those now coming up in Pimpri Chinchwad Municipal Corporation are the truly the New Residential Deal.However, PCMC is not only about wider, greener spaces, cheaper property rates, improved social fabric and better infrastructure. The establishment of such new growth areas, with modern residential alternatives such as township properties, is a blessing to the Pune real estate market (which has been stagnating within increasingly larger pockets).At first sight, they only seem to play a role in reducing the urban sprawl and offering home buyers a healthier and more comfortable lifestyle. However, they are also instrumental in creating new urban centres, wherein new business districts create job growth in new directions.Thanks to the organized nature of their development, they create new and more rational scope for real estate market expansion while reducing pressure on property prices in the parent city.