INVESTING IN PUNE PROPERTY

Investing in Pune Property

When it comes to choosing a place to settle down, most of us would wish to settle in a place take all the worries and tiredness away like the suburbs. Most importantly, a place where we come home after the work, relax with a cup of tea and enjoy the cool breeze and scenic views. With this in view, if you are looking for such a place, then Pune is the place. The city has rapidly become one of the most favoured places in India to live. Still wondering if investing in Pune property would be correct? Let’s discuss why Pune is the best place to settle in India.

Investing in Pune Property: Reasons

  • A hilly metro city
  • Every weekend can be a vacation
  • Youngest city in India
  • Medium paced life
  • Ample opportunities
  • Quality of education
  • Cheaper than other metro cities
  • Paradise for trekkers

Investing in Pune Property: Tips to Follow

1. Check out the place before buying

These days lots of reputed builders make loads of promises in their online brochures regarding their property and amenities. Furthermore, there are claims about the premises being close to important places like railway station, bus depots, schools, hospitals etc. Do not rely on these presentations and brochures. If you have decided to buy a property in Pune then make it a point to visit the place and check out in person. Most importantly, visit twice or three times before you seal your decision. There are chances that the claims about proximity to important places are false statements. Besides, even the mentioned amenities could be fake Therefore, it is always better to have a look at the place.

2. Do you need all those hi-tech amenities?

Many of the flats, houses for sale in Pune come with lots of amenities and hi-tech gadgets. But do you really need all of these? To put in simple words, when you go for all these high end stuff the maintenance is also going to be pretty high. Besides, most of these amenities may not be of much use either. Hence opt for a project which has less of this fancy stuff as it will also help your budget.

3. Ready possession flats are always better

There is a trend of looking at the sample flat and finalizing the property. However, this can be a tricky thing. Besides, there are chances that the final outcome of the flat that you may have booked will be totally different and you will have no option but to quietly settle down with it. Therefore, while opting for Pune property try and opt for ready possession flats so that you are sure about the actual set up.

4. Annexe can be a tricky affair while investing in Pune property

You may find that when you are checking out Pune properties for sale you may come across a tricky word “Annexe” or “Extension”. Please note that this extension for a particular area may not actually be an extension for that area. It may be miles and kilometers away from the area. That is Koregaon Park Annexe may actually be in Mundhwa and Aundh Annexe may actually take you in Undri. So be very careful about this tricky thing called Annexe.

5. Check out in multiple options

When trying to buy a property in Pune don’t just stick to one or two agents. As a matter of fact keep all options open. To be sure go through a number online property websites. Besides, you can check with friends who are living in Pune. Most importantly, you can go through the advertisements in leading newspapers in Pune regarding flats and properties for sale in Pune. If you want hands on experience then you can live on rent in the area of choice so that you get to know about the pros and cons of the area. Subsequently, you can make the final decision.

Top Localities to Invest in Pune

As a matter of fact, Pune has many localities to choose. To mention a few, Wakad, Wagholi, Baner & Kharadi are among the best localities you can look to buy a property.

To Sum up

Buying a home is a big decision and there are plenty of risk factors. Hence, if you have decided to invest in Pune real estate, then keep in mind the above useful tips which will help you to take the right decision. Most importantly, take your time but make the right choice so that you do not have to repent in the future.

Hope this helps you to take a decision.

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