What is Position of Real estate market in Pune

Are you constantly looking out for a house on rent? Are you a victim of landlord’s unending list of rules and regulations? Should I stay on rent or own a house?  Has owning an apartment in Pune been your dream for a long time? I work in Kalyani Nagar and plan to settle in Pune, should I buy an apartment in Kalyani Nagar or Viman Nagar or Kharadi or Wagholi? Or should I look at the other end of Pune – Hinjewadi, Baner, Aundh? Check NA plots near Pune.

Are the questions hovering in your mind? This article shall help you in finding the answers if you are looking for a house in the East or West of Pune.

Pune, the Oxford of the East, has been growing tremendously in the past decade. Once a city, also known as the Pensioner’s Paradise was a favorite among the retired crowds. People would move from Mumbai erstwhile known as Bombay would settle here after their retirement to lead a peaceful retired life. With Pune turning into a major IT and automobile hub over the past few years, the real estate market has seen a boom. The infrastructure has also grown in leaps and bound. With the Metro in the Pune development plans, the city has become much sought after by the people for buying an own house, be it an apartment or an individual house. The city limits have spread far and wide. Wagholi, which was once a Village Panchayat, owing its proximity to Ranjangoan/Chakan is now an upcoming residential area. Also, easy accessibility to Kharadi, Kalyani Nagar or Viman Nagar makes Wagholi a favourite location in East Pune. With reputed builders like Kolte Patil and Anshul Realities providing their services in this area and rates per square feet ranging from Rs. 3500 to Rs. 4000, Wagholi has become the most sought after location. A 3BHK would cost you around 60 lacs-90 lacs depending on the list of amenities the builder is providing.

However, since Wagholi still being under the municipality limits, few issues like traffic, garbage clearance and so on are few complaints, which the residents have and mention as teething problem. Viman Nagar, which was once the city limit a decade back has reached its saturation level with regard to real estate. There are just a handful of residential projects going on. One would be able to buy only a second hand home. A used 2 BHK of 800 sq. ft. would as on today cost the buyer 70 lacs to 80 lacs. Kalyani Nagar, with its connectivity to Pune Airport through New VIP Airport Road, proximity to schools, hospitals and other amenities has also joined the ranks of saturation in real estate. However, new projects are mushrooming in Kalyani Nagar Annex. Belmac is one of the few projects, which is priced at 1.36 lacs starting for a 3BHK. This area is also fast developing. Areas like Hinjewadi, Baner and Aundh are preferred localities on the other end of Pune. The rates per sq. ft. in Baner, Balewadi, Pashan, Sus range from Rs. 6000/- onwards depending on the amenities.

Depending on your budget, proximity to amenities and few other criteria, you can select your dream house and become a proud homeowner!! 

Consider Connectivity before Buy Plots Or Home

One of the key factors that help in the appreciation of property worth is the “connectivity” to special landmarks from the project site.

Quick and simple connectivity with schools, office, market, colleges, and hospitals these are the as a result of all has to reach these places on time. That’s why you have got to pick the higher location that is nearer than these places. To get better amenities at Plots Near Pune, Growscapes developers’ property is the best option to buy residential plots to build your future home.

·         Any worker will reach the workplace and return home from their workplace early if they need a decent property

·         Good connectivity cut back the time to travel from source to destination.

Connectivity finds an outstanding place on the list. You want to need to consider an additional necessary thing could be a place for good connectivity is feasible for small bit high costs for land (or) home buyers. A great deal of prime builders launches brand new projects at a similar time carry a lot of amenities. At the same time, it's a lot of necessary and really a lot of help to choose the most effective location.

The very long time of travel from workplaces and residential may cause numerous health problems. As cities are more and more being affected a ton of individuals with vehicle pollution. Higher road connectivity shortens the travel distance between the market places and at a similar time you've got to save lots of the vehicle fuel consumption also.

Safety and security considerations

Moving into your 1st home is a lot of exciting, particularly for the first time. However meantime you have got several necessary stuff you have to consider once acquiring to your home, safety and security also play a really distinguished role.

Better road connectivity additionally helps to boost the general safeties of the neighborhood like fires, natural calamities, if it's a decent road connectivity ambulance may also reach the area quicker.