I think Buying a property in Koregaon does not make sense as Today, a residential property in Koregaon Park is sold anywhere between Rs. 16000-17000/sq.ft., depending on exact location and specifications.However, as per experts, eight years back the rates in Koregaon park area was around Rs. 3,000 per sq. ft.
i think your approach is good to buy 5 to 8 km away and you will also get good rates
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