Choose the perfect location

Q: Before buying any property first have a look at the location and then proceed.

Vinay Sharma, Pune

4th March 2014

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Replies (6)

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Priyanka Vats, Pune

11th March 2014

Comment

if any one looking for property in Pune area like NIBM, undri, and near by areas in pune then kindly contact here

Sunil, Aurangabad

10th March 2014

Comment

Kharadi, Dhanori, Wagholi, Charoli, Aundh, Baner, Wakad areone of the best location for residential investment.

Dimpi, Mumbai

5th March 2014

Comment

Hi,
While judging the locality of a residential investment property, the existence of proper community infrastructure should be ascertained. Facilities such as shopping and grocery outlets, schools, public transport, medical facilities and means of entertainment, should be close by. The worth of a constructed residential property is not decided merely on the basis of land value but also on the surrounding infrastructure that adds to the value of a location. The value of an investment property will appreciate over the years only because of the overall conveniences the property and its location will provide to future buyers.

Sneha Ambedkar, Pune

4th March 2014

Comment

Hey Sid,
So, one can choose locations which will prosper due to their growth. The western corridor from Aundh to Ravet including Baner, Wakad, Hinjewadi, among others, are IT/ITeS hubs and so, the demand for residential units will also be generated. In the east, Kharadi, Wagholi, Magarpatta, where IT/ITeS is also prospering, are some other important destinations. Industrial zones like Chakan, Talegaon, will see very high appreciation, in spite of being very far away from Pune city.

Deepti Baragur, Pune

4th March 2014

Comment

Hi Deepti,
Localities like Wanowrie, NIBM Road, Kondhwa, Undri, Mundhwa, Kharadi, Dhanori, Wagholi, Charoli, Aundh, Baner, Ambegaon, Wakad, Ravet, Moshi and Punavale, are some of the best areas for residential property investment. The locations which are close to the city's IT, manufacturing and retail hubs, have the highest rental income generation and capital appreciation power.

Shweta Salunkhe, Pune

4th March 2014

Hi Vinay,
You are right Mr Vinay. Before buying any property think twice in which locality you are going to buy so that later you don't repent for it. Dont ever buy a property in a hurry as there is saying " HASTE MAKES WASTE".

Saurav Mishra, Pune

4th March 2014

Comment

Hi,
Keep in Mind!!!!. The most decisive factor that needs to be considered before buying a property for investment, is its location. The area must be accessible from the city's major employment centres, as this ensures high demand from employers. It must essentially be an area which is likely to see growth, and not a place that has already peaked, in terms of appreciation potential. It must also be a location that is going to receive new infrastructure in the future.

Siddharth Rana, Pune

4th March 2014