|Pune Real Estate Properties|
Everybody dreams of buying a good house for himself/herself. However, it is not an easy task as some might think of it to be. You need to have a very clear and precise understanding of the flat that you intend to become the owner of. Since it is an investment of a lifetime for most of the people, things cannot be left to chance.
You need to be extra careful in case you are going to buy it from a builder. Unlike cars that have a specific standard, buildings hardly have any standardization and are custom built to suit the preference and the site. A reputed real estate dealer will have a good team of project managers to ensure the quality consistency, but this may not be so for all.
So, if you are looking to invest in real estate properties in Pune (or anywhere), make sure that you don’t get carried away by the tall claims made by builders. You must verify the facts on your own to make sure that you are safeguarded from all angles and there are no discrepancies at the time of the final handover and even after that.
What Things Should Be Looking Out For?
In case you are going for Pune real estate property, here are a few of the precautions that you must keep in mind, according to property.sulekha.com:
Pick a reputed real estate dealer – This is an important aspect of the real estate market of India is still inundated with fly by night operators who are just concerned about quick money and nothing else. Most of the times such builders go unnoticed until the time the entire process gets over.
Check out the documents – It is equally important to verify the credibility of the builder and whether all the necessary permits and approvals are in place or not. In case, something is not in place, there might be a possibility of a major complication going ahead. Get all the certified copies to ensure that everything is undisputed. You may even take the help of a lawyer if you feel so.
Go for a Loan – One of the ways to check whether you are with right guys is to go for a loan. This is a great way since the bank will inquire and verify on their own to check if everything is in place or not.
Technology is a boon in this day and age. Some people refer to it as a necessary evil. India, a developing country, a rapidly-developing country for that matter, is definitely not lagging behind when it comes to logging on to the latest internet trends around the world. Some internet trends are unnecessary fads like the “don’t judge me” challenges on Instagram or ice bucket challenges which don’t really do much to save victims of ASL! All these trivial trends apart, the internet is definitely a revolutionary tool which has the power to change our lives. One of the most undeniable ways in which the internet has changed our life in India is the way we do our shopping! Online retail has become a part and parcel of most urban Indians who do everything from buying clothes to buying property on the internet! Talking about a property, online property portals in the country have revolutionized the real estate industry in the country!
|New Projects in Pune|
These websites are not just famous in metro cities, they are also making waves in cities like Pune, where a large number of people buy property online. Pune real estate websites are extremely popular and have revolutionized the way people buy and sell property in the rapidly-developing city. Real estate portals in Pune have increased the involvement of people under the age of thirty in the local real estate. Property sites like property.sulekha.com have interesting content regarding the trends and conditions of the local as well as a national real estate market.
With real estate sites in Pune providing enough information to keep locals well-aware about the real estate market, there has been a marked increase in the real estate activity in the city. Technology makes real life easier and it most certainly makes real estate a lot easier too! Pune’s engagement with real estate sites bears testimony to this!
Real estate market of Pimple Nilakh located in western part of the city Pune is driven by factors such as affordability, easy connectivity to the commercial hubs and proximity to the prominent localities like Aundh, Wakad, Baner, Hinjewadi, Rahatni and Pimple Saudagar. The capital value of properties in the locality has appreciated by approximately 20 percent in last two years. According to the Housing Sentiment Index Report, all of these aforementioned localities including Pimple Nilakh witnessed maximum demand for properties from end users and they are the ones who are the most optimistic about the improvement of sentiments of Pune’s realty market. Most of the end users are salaried professionals with a limited budget hence they look for mid-priced housing segment. Moreover, affordable apartments have always been the most preferred housing category for people residing in Pune. Properties in the price range of 30-35 lakhs are the highest in demand which quite noticeably signifies that there is a huge demand for resale flats, house, and villas in Pimple Nilakh, Anudh, and other neighboring localities.
Buyers with an annual income of fewer than 10 Lakhs prefer to invest in the resale house in Pune, Pimple Nilakh because it is quite close to the Hinjewadi IT hub. It has proficient a vertical growth in property rates on the reason of the leading IT culture in the Western area. It is seeing great demand from equal investors and end users. Apart from sufficiently enabled bus transport system, the locality is close to the Lohegaon airport and situated to Mumbai-Pune expressway.
Pimple Nilakh gets the spillover demand from Aundh and Baner along with from Pimpri-Chinchwad and some of the manufacturing-driven demand from Talegaon. An important sum of commercial creations around this area has proven valuable by starting the overall growth at Pimple Nilakh. A steady increase of around 15-20% /Annum, rates have efficiently doubled there in half a decade - a fact that has not been lost on stockholders.
The commercial launches nearby have wedged the real estate market of Pimple Nilakh to some level, with the affordability cause substitute as a substance for buyers in Pimple Nilakh. Having overwhelmed problems of infrastructure development and connectivity in the past, Pimple Nilakh still absences prepared plans of social organization. However, outstanding to its closeness to major commercial hubs, Pimple Nilakh enjoys good exterior convenience of the social organization in its neighbouring places.
By the Increasing popularity of this location, the Government has acknowledged the essential to talk the growth of more community structure in this palce, which is growing fastly in the tail of Aundh and Baner.
Pune is one of the most important cities in India and many people look for suitable accommodation there. There are various reasons for this; Pune, as a leading city, business centre and port town of India, offers excellent opportunities for both job seekers as well as entrepreneurs to build up profitable and rewarding careers. Numerous residential and commercial accommodation projects are coming up everywhere in the city. However, until recently, the working class and the low-income group people were finding it difficult to get adequate and budget-friendly accommodations. These people were on the lookout for smaller and affordable accommodation options on sale or for rent but for reasons best known to developers, there was an acute shortage of 2 BHK apartments in Pune.
Though there is still a shortage of such accommodations in Pune, residential projects that have come up in Wagholi seem to compensate for the deficiency to a great extent. Interested buyers can now buy 2 BHK resale flat in Pune Wagholi that is available at various stages of completion. Some of them are in the planning stage with land for the project acquired while others are under construction at various levels. There are some ready to move apartments as well. These smaller configuration apartments in Wagholi take care of the requirements of the buyers who look forward to buying such low-cost apartments to suit their budgets.
Wagholi is also little trailing in the race. The location has excellent connectivity with the rest of Pune and is also in close proximity to many industrial and commercial areas that would suit the working class nicely. Located on the Eastern border of the city, it has grown into one of the city’s most important outskirts. According to its location, it affords a good access to existing and future launches in Hadapsar, Kharadi and Bund Garden. Its proximity to Pune Airport and Eastern IT hubs of Kharadi and Magarpatta and also to Shikrapur-Chakan industrial belt growths it's demand.
Wagholi is one of those areas which is expected to be included within city limits. Presently, the locality is under the Gram Panchayat and have seen the burst of new projects in recent times as developers want to save taxes which they have to pay to authority while getting approvals. This location in Pune has now become a major target for potential low-cost home buyers as well as for developers with plans of constructing low-cost houses for the target customers. Its closeness to Pune International airport is an additional reason behind its popularity that creates it one of the popular hubs for NRI to invest.
What’s available From Rs. 25 lakh- 2BHK Flats of 700-1000 SQ. ft.
Rent expected- Up to 20,000 per month
The supply of 2 BHK apartments was low in Pune as the demand for them in the market was consistently below 10% of the overall property demand. However, in the last few years, there has been a change with an influx of many students and young professionals who are choosing to settle in the city. These people look for low-cost accommodations both on sale and for rental and this Wagholi resale 2 BHK flats in Pune are perfect for such people.
Pune also denoted to as the Queen of the Deccan, has developed an attractive location for people to live. The North-Eastern quadrant of Pune has a profusion of options when it comes to residential projects which are backed by good infra facilities and seamless connectivity. The zone has localities that offer buyers with a gamut of residential properties ranging from multi-storey complexes to affordable one BHK apartments.
|Cerebrum IT Park, Kalyani Nagar, Pune|
A prime location in Pune is Kalyani Nagar. It has seen a major growth in construction and development area, owing to so many professionals shifting base to Pune. Kalyani Nagar has some of the best IT Parks and many companies have set up their offices in this area. This nearness to renowned IT/ITEs and other MNCs has led to massive demand from professionals who are intense to invest in the residential area of investing here will save their valuable time in travelling back and forth to their office spaces.
Likewise, Kalyani Nagar, a developing residential locale is located in the southern suburbs of Pune. The residential market of the locality is growing due to several influencing factors including vicinity to business enclaves, swift connectivity and last but not the least improved social-physical infrastructure.
The aforementioned growth stimulators have played a pivotal role in the sale of the ready to occupy residential dwellings and a development of new housing complexes. Homebuyers’ growing fondness to invest in the Kalyani Nagar 1 BHK apartments has primarily come from its geographical location. It also provides great connectivity to Koregaon park courtesy a 300-meter bridge that has been constructed. If you looking for a flat on rent in Pune, Kalyani Nagar is one of the most preferred options.
The buzz in the town has attracted people from different walks of life and has led to rapid urbanisation that has reworded into improved social infrastructure. Also, nearness to modern day conveniences including reputed schools, colleges, health care centres, among others has helped the residents to avail the services of these commercial establishments and other civic utilities.
In the area of connectivity, Kalyani Nagar is served by uninterrupted metro rails and other public transit systems. In addition to it, the wide and expansive roads have alleviated the traffic related woes to a great extent. These sturdy road structures have also connected the locality with all the viable destinations of the city. Therefore, Smoothness in the connectivity has majorly upsurge the sales of one BHK apartments of the locality.
So if you are interested in investing in the affordable new residential project in Pune, then book 1 BHK apartments in Kalyani Nagar.
Pune has already reached its saturation point in terms of real estate. Prices in areas near Pune are beyond the means of any common man. Under such circumstances, a lot of people intending to have real estate investment have shifted their focus to Pune for the last couple of years. Talegaon, which happens to be quite close to the Pimpri-Chinchwad municipality, has become a favourite place for many real estate investors.
This area is only 25 km from the Hinjewadi IT Park and is also very close to the industrial belt of Chakan which partly explains the reason behind its growing popularity. Talegaon has very good connectivity with the neighbouring states via Pune-Pune Expressway, Pune–Nashik Road and Bangalore-Pune Expressway. Among several developers in this region, Mantra properties and Namrata builders deserve an honourable mention.
Maval Shades is being developed by Mega Developers. It is still under development stage and is expected to be completed by the end of 2017. The carpet area of a 1 BHK apartment in Talegaon for sale in this project ranges in between 547-979 sq. ft.
Minutes away from the Mumbai-Pune Expressway and very near to the auto hub of Pune, ‘MAVAL SHADES’ offers you a life that’s truly grand. Apartments in Maval Shades properties are available in both and 1 and 2 BHK configurations.
The apartments re-priced at the rate of Rs. 4090 per Sq. ft. all major civic amenities like schools, hospitals, ATM’s and malls are easily accessible from these projects.
Namrata Ecocity is spacious and well-designed residence complex in Talegaon. This project is already completed and interested buyers can readily move in without any delay.
This project is located just beside the Dr. D.Y. Patil Educational Federation and has a number of well-known schools like Saraswati Vidya Mandir and Euro kids within easy driving distance. This project is being built by Namrata Group and is divided into 7 floors.
The average configuration of 1 BHK apartment in this project is around 535 sq. ft. and is priced at Rs 4112 per sq. ft., which is not too high considering the average rate for Talegaon 1 BHK Apartments for sale.
Besides these two projects, there are numerous other new projects in Pune, which can fit your needs and budget easily.
Do you desire for a better space to live little away from the city that to for a 2 BHK property? Here’s the solution to the needs as buyers and investors look for affordable homes especially in a city near Pune. Well, Pune will be the ideal place to fulfill all your needs as properties here are quite cost-effective and will be within your budgets.
As the prices are soaring the center of the city like Pune, the mid-income level investors feel that Pune will be a better option. Though it is pretty far from the main city, the 2 BHK flats for resale in Pune assures to cater the necessary facilities and ambiance for an opulent and tranquil living.
Nestled in the scenic hills that connects Bhor Ghat, Sahyadris, and the Western Ghats, Pune is one of the beautiful locale surrounded by scenic nature. Besides this, good connectivity is provided to Lonavala, Pune and so on via rail which is increasing the need for this resale property in Pune Moreover, the forthcoming Reliance SEZ, Pune SEZ and The New Pune International Airport is a greenfield airport project under development near Rajgurunagar will further the boost the real estate of Pune. It is said to be a perfect spot to spend your vacation or holidays as it adorns a pleasant climate to spend your weekends for people in and around the city. However, buyers and investors of mid-income who wish to own a home can very well invest in here which is sure to give a decent return in future.
Good roadways have been constructed which is benefiting the residents as they enjoy an ease of travel to and fro in the city without any traffic jams. Adding to this, the place is linked well with Mumbai- Pune expressway and state highways.
Besides the roadways available, the railways are also quiet frequent connecting major IT hubs were professionals living here work. Pune Junction railway station is the main railway head of Pune and offers constant rail services to all parts of Pune. The above said benefits are sure to cater assured profits on investment. So hurry and invest to get the best of properties at reliable rates.