Property Investment Advice - Pune

Q: I am looking at buying a 2 bedroom apartment. My budget is 35 lakhs. I would prefer an on going project that will complete by 2017 or beyond. That way I can spread my payment by completion. This is purely for investment purpose. Kindly advice where can I invest and expect an appreciation of at least 10% annually.

Ranjith Paul, Apartment Resident

4th January 2015

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2bhk for sale in hinjewadi

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Replies (18)

I am looking to purchase a 2BHK as an investment within the next few months, preferably between Pune and Mumbai direction (closer to Pune). My budget is around 35-40L. I am looking for new projects/ almost finished projects. What would be the ideal location I should look in?

Rohit Marathi, Pune

7th October 2015

Comment

Hi Rohit, I think you should look at localities such as Hadapsar, Wagholi and Handewadi. These areas offer ready to move in units in the budget range of Rs 30 to 40 lakh.Wakad is one of the most preferred residential localities in Pune for both for sale as well as rent. Capital values in the locality have risen by more than 30% in the last two years. The current values range from Rs 5800 to 6500 per sq ft.

V. Victor,

7th October 2015

Dear Ranjith,

Rs. 35 Lacs is handsome amount to buy a property in Pune. You must have to check out the new ongoing fabulous offer by Discounted Flats named as "RED COUPON".

Red Coupon by the Discounted Flats is a scheme to get stupendous discounts while buying the dream home or properties in & around Pune. Red Coupon allows discounts of Rs. 50,000 to 5, 00,000/- (up to Rs. 5 Lacs) on the price of properties irrespective of the location in Pune. Home buyers can add any 3 listed properties. Red Coupon is limited period offer. Red Coupon comes with MONEY BACK GUARANTEE.
Apart from this, Discounted Flats is the Single Largest Group of Home Buyers.
you can also visit at : "www.discountedflats.com" to get more info.

Rahul, Pune

Official account of - Discounted Flats

22nd April 2015

Comment

As you budget is too low, you will not get any 1BHK flats at this rate in this locality. Hadapsar, Wagholi, Sinhgad Road, Vishrantwadi are the few areas where you can get a 1BHK in this budget.

Deepti Baragur, Pune

29th January 2015

Comment

Hi,
You can also invest in Kalyani Nagar, Pune as it has came out one of the most prominent commercial and residential real estate destinations on the eastern corridor of Pune. This area has been popular with home buyers. Priced at an average of Rs 9000 Rs 19000/sq-ft, residential properties here command a premium over other localities.

Deepti Baragur, Pune

29th January 2015

Comment

To know more details of these projects click the link Lush Life Centro, Undi, Pune
The Ovo Life, NIBM Annexe, Pune

Or,

To get best property as per your requirement list your requirement here or you can call on this toll free number (1800) (180) (180) (180) Or You Post your Requirements to get matching properties details on your Email and Mobile.

Vatsa Suman, Pune

16th January 2015

Comment

Lush Life Centro by Lush Life located at Undri is also a good project and within your budget. It offers 1/2BHK, 1BHk from 635-661 sq-ft and 2BHK from 984-1111 sq-ft. It will cost to you Rs. 25.71 lacs to Rs. 44.99 lacs onward and the expected date of possession will be February'2017.

Sneha Ambedkar, Pune

15th January 2015

Comment

hi Ranjit there are many lushlife residential project are going on you can check out @ http://www.lushlife.co.in

Lush Life,

15th January 2015

Comment

Hi Ranjith,
You can also choose a signature project by LUSHlife and Trimurti Group called Sky Heights after successfully completion of Phase-1, they have launched ph-2. Sky Heights (Phase 2) offers 1/2 BHK apartments with upgraded specifications. Phase-2 consists of 2 towers (C and D) of 11 storeys each, with a total of 118 apartments ranging from 646 sq.ft. to 1183 sq.ft. Building C offers a mix of 1/2 BHK homes and has 6 apartments per floor. Building D consists of 2 BHK homes and has 5 apartments per floor. They will give its possession this year.

Sneha Ambedkar, Pune

15th January 2015

Comment

Kumar Kul Ecoloch by Kumar Urban Development is a promising residential real estate project that is coming up across the region of Mahalunge, Pune. Offering 1/2/3 apartments Kul Ecoloch promises to offer a grand living space to all its residents. Spread over an area of 103 acres, Kul Ecoloch comes fitted with a host of other features such as drive-in theatre, tranquil walk way, wellness centres and much more.

Wasim Mohammad, Pune

7th January 2015

Comment

Hello,
Ranjit Paul
I will advice you to visit the Lushlife developer @ http://www.lushlife.co.in/ and if you find some needfull then please help others

Lush Life,

7th January 2015

Comment

For more details of the ongoing projects in Wakad and Hinjewadi click the links Residential projects in Hinjewadi, Pune
Ongoing residential projects in Wakad, Pune

Saurav Mishra, Pune

6th January 2015

Comment

You can also go for Hinjewadi, Known as the IT estate of Pune, it is the most consistent locality in the real estate scenario of Pune. Though already established as a top destination for students and working professionals, Hinjewadi is now catering to the end-users with many new projects of high magnitudes being constructed at a rapid pace. The infrastructure of Hinjewadi is unmatched in the city and this is the main reason investors are looking at Hinjewadi as a good investment option.
Some of the good projects in this locality are Blue Ridge-possession March'2015, XRBIA-possession December'2015, Arihanta Aastha-possession December'2015, The Pristine Horizon Village Residency-2-possession June'2016, Sun Residency-possession March'2015 and Silveroak Shriyans Apartment-possession December'2016.

Sneha Ambedkar, Pune

5th January 2015

Comment

Wakad is now the top investment area in Pune owing to the vast urbanization by the Pimpri-Chinchwad Municipal Corporation. Located under the PCMC, it is surrounded by the growing townships of Aundh and Pimple Nilakh to its west and east respectively and Thergaon and Mula River to its north and south. The Pimpri-Chinchwad Municipal Corporation has put in all the hard work and planning in completely transforming Wakad from a farming community to a industrial hub of the city. Some of the major projects in that locality are Sanskruti Casa Imperia-possession October-2016, Five Star Royal Entrada-possession May'2016, Shree Manibhadra Wakad Centre-possession February-2015, Nisarg Meadows-possession June'2015 and Shades View Ph-2-possession December'2015.

Sneha Ambedkar, Pune

5th January 2015

Comment

Industry experts indicate that residential space of around 1.76 million sq-ft is needed with the real estate sector recording compound annual growth of 51%. Residential spaces in prime areas like Camp, Koregaon Park, Aundh and Baner continue to be in demand. However lack of space in these areas has give rise to many property developers to shift their focus to the border areas of the city which include Mundhwa, Wagholi, Wanowrie, Nagar Road and Hinjewadi areas. The Maharashtra government has granted approval to private property developers to establish townships in Pune as a part of the Public Private Participation model and this has resulted in development of several integrated townships.

Nitesh Patil, Pune

5th January 2015

Comment

Hi Nitesh,
Do you know that Pune hardly a distance from mumbai commercial hub of India, has shown impressive economic growth in the past few decades. Pune boasts of some excellent educational institutes along with key defence institutions. In the last decade a large number of companies have also made their presence felt in the city and several manufacturing and software companies have set up their development centres in this city. The rapid real estate growth in the city is reflected through the several residential as well as commercial properties that are mushrooming within the city.

Sneha Ambedkar, Pune

5th January 2015

Comment

Hi Sneha,
Some of the major areas which one should look while investing in real estate. Visit the location, you have in mind. Take into consideration its distance from the major places and the commutation problems, if any. Also see to it that the developer or builder has made sufficient provision for the facilities committed, e.g., club-house, garden, community hall, swimming pool etc. Do not believe in only on information provided in the brochure.

Nitesh Patil, Pune

5th January 2015

Comment

Apart from that keep a watch on market price fluctuation and on overall economic trend. These things largely influence the real estate pricing. Keep little patience to have price correction. Let the prices stabilize. You may take a word of advice from the best real estate agents in Pune. Go for a professional agency with sound market knowledge and good reputation as the best real estate agents.

Sneha Ambedkar, Pune

5th January 2015

Comment

When you are investing purely for better gains you may think on a long term investment plan. In such case, you can invest in upcoming/ongoing projects for sale, albeit little far in the surrounding areas, as there are lot of new residential projects in Pune grow rapidly at such locations.

Sneha Ambedkar, Pune

5th January 2015

Comment

Hello,
Sneha I agree with your advice for investment in ongoing or upcoming projects for sale in Pune. I would recommend you to visit Lushlife developer @ http://www.lushlife.co.in/

Lush Life,

7th January 2015