Hi Javed, Means you are current purpose is as end use and after 4-5 years you will sell it. But i can suggest you if you are looking for investment right now and sell the property after 4-5 years you should think of area like Talegaon , Chakan, Nigdi, Wadgaav etc. Talegaon and chakan are the 2 places that are really to much growing now. Foreign compnies like eco pack... coming to talegaon and set their compnies there. The property rates in this area get incresed with in one month regularly. people are moving from mumbai to pune. And about chakan just see the developement over there just before 1 year nothing was there but now the look of city is totally changed. The big residential projects, Schools, life facilities and one more New Modern constructed bus stop. Means i want to say that just look up for Talegaon and chakan cities also.
According to real estate experts, Ravet will reach a high level of investment and end-user potential in less than four years. Prices are forecasted to increase from Rs 3,950/sq.ft. to Rs 7,800/sq.ft by 2017.
The locality is good for both investment and very good to live in. Many people are investing in this area, as the area is close to the Akurdi Railway Station, the Hinjewadi IT Park and numerous B-Schools and Sentosa Water Park, for entertainment.
I second you Mr Samrat. My elder brother is staying there. All the basic amenities are at a stone throw distance. The area is well connected to Bangalore Highway as it is very useful for people working in MIDC and Talegaon. The locality is also close to the upcoming international cricket stadium at Gahunje village.
Finding affordable housing in Pune is not an easy task but you check for localities like Ravet. It is developing as the hot-spot for residential and commercial property. Moreover the area is located at an equi-distance from two major real estate market drivers – the Hinjewadi IT hub and Pimpri-Chinchwad Industrial Belt. Are you looking for end use purpose or investment purpose?