Where to buy new flats in Pune

Q: Anyone looking to buy new flats in Pune?
Phursungi is best location to buy your new home, many residential projects like Green Hive by Ram India Group, PropGold, PropDrive etc.

Rohit, Pune

12th October 2015

Buying property in Fursungi, Pune

flats apartment 2bhk 3bhk

apartments for sale in pune

Follow Discussion

Also see discussions for

Pune Fursungi Buying property Buying property in Pune Buying property in Fursungi

Replies (4)

I working professional and my father retired own two different flats and are planning to sell them and invest the returns in a single property Since the properties have been purchased 5 years back the profit would fall under long term capitals gain My question is would we both be exempted from any tax liablity if we invest in a single property a bunglow or only one of us would be able to get exemption

Suraj Kalled, Pune

14th October 2015

Comment

Hi Suraj, If you both have properties registered in your individual names and are divesting to invest in a new and a bigger property, you need to ensure that both are registered as co-owners of the property to avoid tax on long-term capital gain. Also, you need to mention / specify the ratio of ownership in the new property. And yes, both of you will be exempted from the tax liability.

Hasmukh Bantiya, Pune

9th November 2015

What are the property trends in Phursungi ? Is an upside expected in the near future ? I hear that in other cities, correction has already taken place and the markets are recovering.

Siddharth Rana, Pune

13th October 2015

Comment

The locality has witnessed a rise of nearly 20 per cent in capital values in the last two years. The current capital values vary from Rs 4000 to 5000 per sq ft approximately. You can also get affordable housing in this area.

V. Victor,

13th October 2015

If anyone are looking for 2 BHK in the budget of Rs 30 to 40 lakhs, you can invest in Wagholi, Phursungi or Manjari. Since all these localities are fast developing with good infrastructure, connectivity and close to many IT offices and IT Parks, these localities stand to have a upper hand in terms of appreciation.

V. Victor,

13th October 2015

Comment