Rafiq, Pune
Q: I am planning to invest in Pune but before investing I want to know about the real estate status.
My replies to this discussion
We would advise you go in for a preleased property in which you get a (ROI) return on Investment i.e monthly rent paid by licensee to you as well as you get property appreciation. eg. Proposal 1 AREA: 380 sft built up area (200 sft outside area) FORMAT: Ground + 33 % Mezzanine FRONTAGE: 16 feet HEIGHT: 16 feet FAÇADE: 16 façade available. Excellent visibility LICENSEE: BANK ATM RENT: Rs 42,000 per month + Service Tax MAINTAINENCE: Paid by Licensor (Rs 200 per month) PROPERTY TAX: Paid by Licensor (Rs 300 per month) DEPOSIT: 6 months rent AGREEMENT: 3 + 3 + 3 years Leave & License AGMT START: April 2012 ESCALATION: 15 percent every 3 years PRICE: 85 Lac We would advise you go in for a preleased property in which you get a (ROI) return on Investment i.e monthly rent paid by licensee to you as well as you get property appreciation. eg. Proposal 1 AREA: 380 sft built up area (200 sft outside area) FORMAT: Ground + 33 % Mezzanine FRONTAGE: 16 feet HEIGHT: 16 feet FAÇADE: 16 façade available. Excellent visibility LICENSEE: BANK ATM RENT: Rs 42,000 per month + Service Tax MAINTAINENCE: Paid by Licensor (Rs 200 per month) PROPERTY TAX: Paid by Licensor (Rs 300 per month) DEPOSIT: 6 months rent AGREEMENT: 3 + 3 + 3 years Leave & License AGMT START: April 2012 ESCALATION: 15 percent every 3 years PRICE: 85 Lac
My comments to replies
The major buyers are from the segment of Rs 40-80 lakh. All major developers have properties in this range in the city.
brokers normally advise you if the property is worth that price so by the end you don't have to feel the pain.
22nd November 2012

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