{"id":5616,"date":"2025-05-23T18:36:17","date_gmt":"2025-05-23T13:06:17","guid":{"rendered":"https:\/\/1finance.co.in\/magazine\/?post_type=blog&p=5616"},"modified":"2025-07-01T12:22:58","modified_gmt":"2025-07-01T06:52:58","slug":"real-estate-advisor-pune-property-demolition","status":"publish","type":"blog","link":"https:\/\/1finance.co.in\/1f-dashboard\/blog\/real-estate-advisor-pune-property-demolition\/","title":{"rendered":"36 unauthorised bungalows demolished in Pune: Why homebuyers should consult real estate advisors before purchasing property"},"content":{"rendered":"

Imagine building your dream home\u2014putting in all your savings, planning every corner, and finally moving in with your family. And then one day, it\u2019s all gone. That\u2019s what happened in Chikhali, near Pimpri-Chinchwad. The local authorities came with bulldozers and demolished 36 houses. Why? Because those homes were built in a flood zone\u2014an area where construction isn\u2019t allowed.<\/span><\/p>\n

Mahesh Patil, one of the owners, told The<\/span> Hindustan Times <\/span><\/i>\u00a0\u201cWe have no savings left. We are a family of 14 and now have nowhere to go. I\u2019m still paying \u20b968,000 every month for a loan on a house that no longer exists.\u201d<\/span><\/p>\n

He\u2019s not alone. Many families are going through the same thing. They spent everything to build these homes. Now the homes are gone, but the loan payments are still there.<\/span><\/p>\n

All of this could have been avoided. If someone had checked the land rules properly, if they had sought real estate advisory\u2014maybe this wouldn\u2019t have happened.<\/span><\/p>\n

In this article we will explore what happened in Chikhali, Pune, and why real estate advisory is so important.<\/span><\/p>\n

36 bungalows demolished: what Happened in Chikhali, Pune?<\/h2>\n

The River Villa project in Chikhali, Pune had everything a family could want with Riverfront plots, peaceful surroundings, and modern homes; each plot sold for up to \u20b920 lakh per guntha, and by 2023, most families had already moved in.<\/span><\/p>\n

But there was a problem. The land was part of a flood zone\u2014an area where houses should not be built. This was either hidden from the buyers or not checked properly before construction began. These led to local authorities demolishing all 36 bungalows built in the flood zone. Moreover, owners were also directed to pay \u20b95 crore as environmental compensation.<\/span><\/p>\n

Why real estate advisory is so important in today\u2019s India<\/h2>\n

The Chikhali case is one of many. Across India\u2019s top cities, nearly 5 lakh homes are stuck in stalled or delayed projects. Buyers suffer not only the loss of capital but also bear ongoing EMIs, rent, and legal costs.<\/span><\/p>\n

These patterns are repeated because:<\/span><\/p>\n

    \n
  • Properties bought without verifying ownership or land use.<\/span><\/li>\n
  • Units sold multiple times.<\/span><\/li>\n
  • Legal notices were ignored in the hope of \u201cregularising\u201d the construction.<\/span><\/li>\n<\/ul>\n

    The role of real estate advisors in property purchase<\/h2>\n

    If there\u2019s one conclusion to draw from Chikhali, it is this: real estate advisory is not a precaution. It is a necessity. Here’s why professional advisors matter:<\/span><\/p>\n

    1. Legal verification and risk identification for property purchase<\/h4>\n

    Real estate advisors verify land titles, permissions, environmental clearances, and compliance with local development rules and Real Estate Regulation Act (RERA). They also flag risks early\u2014flood zones, unauthorised layouts, or pending litigations\u2014before a purchase is made.<\/span><\/p>\n

    2. Real estate pricing insights<\/h4>\n

    They provide insights into fair pricing, infrastructure projects, and area development that help assess future value.<\/span><\/p>\n

    3. Time and cost efficiency<\/span><\/h4>\n

    From document checks to negotiation, they reduce transaction friction and prevent costly mistakes.<\/span><\/p>\n

    4. Strategic guidance<\/span><\/h4>\n

    Real estate advisors assist in aligning property purchases with long-term goals\u2014rental yield, capital appreciation, or portfolio diversification.<\/span><\/p>\n

    5. Protecting your interest<\/span><\/h4>\n

    They protect buyer interest by negotiating with developers, legal authorities, or landowners\u2014ensuring fair contracts and dispute safeguards.<\/span><\/p>\n

    What homebuyers should do before buying property<\/h2>\n

    If you are planning to buy a home or plot, don\u2019t just go by what you see or hear. A nice location and big balcony are not enough. Start by checking the land papers and the builder\u2019s credibility.<\/span><\/p>\n

    Buyers should:<\/span><\/p>\n

      \n
    • Request RERA registration numbers and check project status.<\/span><\/li>\n
    • Verify zoning and land use certificates with local authorities.<\/span><\/li>\n
    • Engage a real estate advisor or legal consultant before investing to ensure the legality of your property.<\/span><\/li>\n
    • Avoid informal \u201cassurances\u201d or verbal promises about legality.<\/span><\/li>\n<\/ul>\n

      Closing thoughts<\/h2>\n

      The 36 demolished homes in Chikhali, Pune, represented lost savings, security, and stability\u2014losses that could have been prevented. With proper due diligence and real estate advisory, the risks could have been identified, and the investments protected.<\/span><\/p>\n

      In India\u2019s fast-growing but regulation-heavy real estate sector, every buyer must ask: <\/span>Do I know enough to do this on my own?<\/span><\/i><\/p>\n

      Increasingly, the answer is no. And that\u2019s where trusted advisory becomes essential\u2014not just to protect assets, but to ensure that your dream of owning a home doesn\u2019t end in ruin.<\/span><\/p>\n

      Your home is more than a purchase. Treat it like the investment it is\u2014one that requires knowledge, preparation, and the right guidance.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

      Imagine building your dream home\u2014putting in all your savings, planning every corner, and finally moving in with your family. And then one day, it\u2019s all gone. That\u2019s what happened in Chikhali, near Pimpri-Chinchwad. The local authorities came with bulldozers and demolished 36 houses. Why? Because those homes were built in a flood zone\u2014an area where […]<\/p>\n","protected":false},"featured_media":5635,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_updated_date":""},"blog-category":[381],"acf":[],"yoast_head":"\nReal Estate Advisory : Tips to Prevent Property Loss Like Pune\u2019s Demolition Case<\/title>\n<meta name=\"description\" content=\"Thinking of buying property? Learn from Pune's Chikhali case where 36 homes were razed. 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