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Home > Forum > Pune > Real estate News > What could be downward trend of Pune property?

What could be downward trend of Pune property?

Q: Only once rates of property were reduced when there was housing boom around 2000. Will the rates reduce and by how much and when?

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Replies (2)
1
Hi Rajan..also sometimes builder gives discounts while purchasing..so the rate of land will never go down. Instead it may be stagnant or it will be raised ..
Supratim


Builders discount could be how much in percentage as far as Pune is concerned? I have seen in Pune some builders apply Infra structure expenses. What is it please?
Ranjan, Apartment Resident 
29th August 2013


HI rajan it depends upon the location. If the social infrastructure is good, then they may charge...sometimes in Prelaunch projects builder give discounts or they may negotiate the price.
Supratim,  
30th August 2013


2
Hello Ranjan...the rates has not yet fallen from past 10 years, so definately it will go high only. If you are purchasing and selling within there or four months then you wont get any appreciation. If you are selling after 1 or 2 years definately 1 to 2 lakhs will be increased.
Vivek Kulkarni


You must have seen yesterday's paper and its predicted that all over India the rates are going to come down. In Pune it may be by 1%.
Ranjan, Apartment Resident 
29th August 2013


But i believe the rates will be increased after 2 years. since all over india so many developments are happening like metro rail project and all.
Vivek Kulkarni,  
30th August 2013


3

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