Hello Amreesh Murugan, The Currently Real estate state in pune is pretty good. As you might be knowing that Pune is known as the IT HUB of india. People from across the India come to pune for jobs, businesses. Making an investment in pune can be a great deal. Even a good friend of mine from Mumbai, booked a flat in baner constructed by KBD Group in Baner. You can check the property and suggest you to buy a property from a recognized builder. Advice
We would advise you go in for a preleased property in which you get a (ROI) return on Investment i.e monthly rent paid by licensee to you as well as you get property appreciation.
eg. Proposal 1
AREA: 380 sft built up area (200 sft outside area)
FORMAT: Ground + 33 % Mezzanine
FRONTAGE: 16 feet
HEIGHT: 16 feet
FAÇADE: 16 façade available. Excellent visibility
LICENSEE: BANK ATM
RENT: Rs 42,000 per month + Service Tax
MAINTAINENCE: Paid by Licensor (Rs 200 per month)
PROPERTY TAX: Paid by Licensor (Rs 300 per month)
DEPOSIT: 6 months rent
AGREEMENT: 3 + 3 + 3 years Leave & License
AGMT START: April 2012
ESCALATION: 15 percent every 3 years
PRICE: 85 Lac
The main factor of real estate is for for rent by owner where you will directly deal with the owner, so that one can save some amount of money which is usually spend on brokers.
The main factor of real estate is for rent by owner where you will directly deal with the owner, so that one can save some amount of money which is usually spend on brokers.
The property prices have seen a steep rise in the north-west and south-east part of Pune where IT and industrial employees generate the major chunk of demand.
Pune real estate has been undergoing a strong transformation. Demand for homes have come from both local population as well as outsiders in the market.