Where to invest in Pune?Which is a better option to buy a property in, East Pune or West Pune?

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Wasim Mohammad, Pune

27th May 2015

Locality Review in Pune

buying property

investment advice

localities in pune

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Replies (13)

Hi All which documents are required while renting a house?

Aarti Bal Pathak, Pune

4th August 2015

Comment

Documents to be verified before renting:
1.The rental period
2. Clarity on housing payment, such as municipal taxes, society fees and maintenance charges etc
3.Periodic rent increases
4. Lease agreement
5. Security deposit
6. Electricity bills
7. No-objection certificate.

Pravakar Saxena, Pune

4th August 2015

Documents to be verified before Buying:
1. Approved plans from the authorized authority along with the Intimation of Approval/Disapproval
2. Commencement Certificate (abbreviated and known as a CC)
3. Title Certificate indicating the history of ownership of the property
4. Recurring costs (mortgage payments, community living fees, maintenance and renovation costs, property taxes and homeowners insurance
5. Maintenance issues and charges
6. Details of the area and specifications
7. Occupation certificate

Krishnendu, Pune

4th August 2015

Hi Shweta, I think most of the prospective buyers have various questions associated similar to your dought. Following are the question arise when we look for property:
1. What and when to buy or rent?
2. Which locality to consider for buying/rent?
3. What kind of property?
4. At what price?

Rohit Marathi, Pune

4th August 2015

Comment

You can invest in lushlife landmarks projects in pune, it has many projetcs under construction such as residential and commercial

Sarvesh Vishwakarma,

7th July 2015

Comment

Hi Sarvesh, can you provide more details about this project? what is the rate per sq ft going on ?

Ravi Kumar, Chennai

17th July 2015

invest in ongoing projects of lush life you can check at http://www.lushlife.co.in/Projects.php

Sarvesh Vishwakarma,

11th June 2015

Comment

Thank you friends. I will be happy if anybody share me about the builder and their credentials and project information like What is the current rate per sq ft of this project?

Vatsa Suman, Pune

19th June 2015

I think kharadi is the talk of the town. The infrastructure developed is very good and it is near to kalyani nagar, magarpata, wagholi and phoenix mall and other malls are on the way

Puransingh,

29th May 2015

Comment

Hi Puran , Thanks for giving your valuable suggestion but I prefer Bhosari which was one of the areas in the Pimpri Chinchwad Municipal Corporation to develop rapidly. The development triggers have much to do with the nature of this catchment. Bhosari has a large working class population, with the MIDC providing employment on a massive scale. As a result of its early development, Bhosari has very decent infrastructure and has excellent accessibility to and from Pune City.

Vatsa Suman, Pune

5th June 2015

I think kharadi is the talk of the town. The infrastructure developed is very good and it is near to kalyani nagar, magarpata, wagholi and phoenix mall and other malls are on the way

Puransingh,

29th May 2015

Comment

Hi, I think Hadapsar has witnessed the highest increase in rental values followed by Kharadi, Magarpatta, and Kothrud. Hadapsar and Kharadi have emerged as preferred locations for the IT/ITES sector. These locations are known as hubs for IT activities but are also preferred residential destinations promoting the walk to work culture which is fast becoming popular in the residential market.

Suraj Kalled, Pune

29th May 2015

Comment

Residential real estate prices in Pune are expected to continue on their upward momentum.With increased investor demand from the peripheral areas of Pune and from the NRIs Price is highly appreciated in Current Market.

Priyanka Vats, Pune

28th May 2015

Comment

Great!! Information but I want to know where I invest in Pune where I can get maximum rental returns?

Siddharth Rana, Pune

28th May 2015

Comment

Hi, No dought that Aundh as a location has emerged as one of Pune up-market areas. An improved road network has enhanced its connectivity with the central parts of Pune.Aundh has witnessed a lot of development in the past one year, with a large number of shopping centers and supermarkets like Ozone Reliance Mart, Croma etc.

Rohit Marathi, Pune

27th May 2015

Comment

Thanks you guys for providing such a wonderful research upon the east verse west, but from my viewpoint Aundh will give you the best return while in next 5 yrs. And can be divided into the old Aundhgaon and the newly constructed suburban areas. Famous areas are Sindh Society, National Society, Parihar Chowk, Anand Park, Ashiyana Park, Gaikwad Nagar amongst many.

Krishnendu, Pune

27th May 2015

Comment

Hi Wasim, East Pune is best for investment as it covers Hadapsar, Kalyani Nagar, Kharadi, Koregaon Park, Wagholi, Viman Nagar localities which are more promising area in residential real estate in the current market. Over the last few years, Viman Nagar has become one of the best locations in Pune with many exclusive and luxurious residential projects, IT parks, hotels and educational institutes.

Pravakar Saxena, Pune

27th May 2015

Comment

I don't agree with you guys.. I think West Pune is more residential project while East. West Pune is a bit more peaceful than east. It is more like one society ends & another starts. In the east, you see nice residential complex & out of a sudden there will be some IT/BPO/KPO office in between. West Pune like Wakad, Balewadi, Aundh, Baner, Bavdhan, Hinjewadi, Kothrud, Pusan, Pimple-Saudagar most buyers will be ITs, while, in the east, it will be a more mixed buyer.

Priyadarshini, Pune

27th May 2015

HI Wasim, I feel East Pune is a better option for buying property in current market scenario. My positive look in East Pune is due to close proximity with the shopping malls, supermarkets, multiplexes, Cyber City, EON IT Park, SP Infocity, BPOs in Kalyani Nagar.. Koregaon Park and Kalyani Nagar are some of the posh localities in east Pune.

Rohit Marathi, Pune

27th May 2015

Comment

Hi Rohit, I read your blog. This is really very interesting and these points are really very important when you are going to buy apartments or Flats.Also I have one dought in my mind that whether to go for the rented house or should I invest in new project? Is it better to rent or buy property in Pune?

Shweta Salunkhe, Pune

4th August 2015