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.

A Residential Property in Saswad and Purandar will only do you better

RESIDENTIAL NA PLOTS IN SASWAD

Real estate business is usually a tough area to be in particularly once there are plenty of dealings going on. One amongst them is clearly buying or selling a property. Currently, you want to be inquisitive what's thus troublesome concerning this, the very fact that you simply don’t understand wherever to begin from is what makes it thus difficult. The selection of location plays an enormous role once you purchase a property. Currently, if we specifically point out Pune city, there are several places wherever you'll be able to buy a property. Two such locations that presently prime the list are Purandar and Saswad. Allow us to take a glance into why you'll be able to consider a property in Saswad.

Why NA Plots near Saswad could be the most effective choice?

And the second most popular town is Saswad. The reason why many folks favor to purchase a property in Saswad is that it's developed a lot ever since it absolutely was created and currently there's nothing that you don't avail of. Transport, facilities and every one the opposite necessary amenities is availed in Saswad. It's going to have been a village within the past, however with such massively growing and developing infrastructure, Saswad has seen several changes. Currently, it's a far-famed fact that buying a property goes to be a living thing, thus you have got to be terribly careful together with your decisions. And with Saswad, it's progressing to be an ideal selection.

Purandar - another choice for folks looking forward to settle:

So once you buy a property in Purandar, check that you have got done the thorough analysis so all the money that you simply have a place in is value. With two choices already in your hand, we hope that your search is narrowed down. And with a true real estate agent in the scene, you are doing not got to do all the slogging; a serious part of it'll be done by your agent. You simply need to keep a detailed watch.

Factors to Consider When Buying Plots from the Developer

Land Investment is considered the highest rewarding investment. However to identify the best time, best location, and best price one needs to really work hard and find a suitable option.

How can you find a good location?

The land can yield good returns in a few years if there is any development taking place nearby in that location. The new development attracts many land investors.

When is the right time to invest?

The best time is the time when the property prices are reasonable and this is the right time to invest because now the real estate market has seen a big correction.

In olden days the people used to buy an NA plots Near Purandar from the owners of the plot however these days we find the trend has changed we find developers who own NA plots sell it at a heavy price by fencing and decorating the plot. And Investors are happily investing in it as they do not want to spend time going deep into legalities. They find it more secure to buy the plot from the developers.

 The factors to consider when buying plots from the developer are

Developer Reputation 

Enquiring about the developer is the first and foremost priority when you decide to buy a plot from a developer. You need to check his background and reputation in the market by asking the questions online to his existing customers.

Will it save your money?

When you buy the plot from the developer bargain well and check if it saves your money.  You need to check from all the aspects like does it have good road connectivity, availability of electricity, water, and another infrastructure cost so that you need not spend further on getting this basic infrastructure.

Examine the property

Before buying the plot, examining the property is very important. You need to check if the property has a clear title. Is it NA residential? Does the property have the basic infrastructure such as sewage, water connection, and electricity connection? Do the valuation research, find out the resale prices in the same area for similar plots. Check NA plots near Saswad location.

Check the locality

Checking the locality is one of the crucial factors before buying the land. If you buy the property in the prime locality the property rates are sure to rise. Also, check the rules and regulations and the building codes which determines the value of the land.

Demand for Land

There are some properties which come up and get sold out before anyone gets aware of it as the demand for those properties is too high. You need to find the properties which are on high demand due to certain developments. Choose the right property for you which can give high returns on your hard earned money.

Plots use in future

You should be clear with the future plot use, whether you want a site to build your future home there or you just want to buy the land as an investment purpose. You should have the long-term plan for the plot because it will determine where to buy and what to buy.

How to Buy Plots: Tips to Pick The Perfect Real Estate Developers

Investment in plots is an extremely valuable resource that can fetch excellent returns to investors when brought at the right place and held on for the long term.  It is an economically better option than buying constructed properties as the land appreciates more than constructed properties. It gives better value for money. However, purchasing plot is a tricky affair and requires more of research and precautions than buying an apartment. 

The real estate market is booming day-by-day and everything looks great, but there are many unprofessional builders/developers in the market and the blatant corruption surrounding the deals including fake documents, demand for half payment in cash, and also the issues of disputed land sales, so one has to do a careful analysis before choosing the right developer/builder.

If you are planning to buy an NA plot near Purandar, here are some tips on how to buy a plot and to pick the perfect real estate developer for you.

Checking Local Zones Laws

The local zonal laws are enacted by cities, countries to restrict how one can use the property in certain areas.  So you should check the local Zonal laws before going for the property. The purpose of these laws is to make the place peaceful and safe to live in.

Cost Figure Out

Figure out the actual cost of the land and check what are the resale prices in the same area for similar plots. Also, figure out if there are any other overhead costs.

Check Utilities and Services

If you are looking for a plot for your new home, then it is just to check the utilities and services like water supply, sewage, electricity, communication services etc. If you buy an undeveloped piece of land in the outskirts you may need to do a little more work to confirm that you can get the services that meet your needs and budget

Compare the Costing With Other Developers

There are few developers who sell the plot at high prices, so before taking the decision one should check the costing with other developers so that you get the idea of the current land costs. One must deal with the developers who have proven credentials to avoid the problems at later date.

You must keep in mind that while investing in the land there is no immediate generation of cash flow, however, it fetches excellent returns if your horizon is 10-12 years.

See the amenities and other facilities of NA plots near saswad.

Future Property Value, Why to Invest Today, Where to Invest In Lands

Is It Good Time to Investment in Land?

Yes, this is the best time to invest in land with RERA coming up in several states; the property market is steering ahead and scaling new heights. According to real estate agents and developers, this is the right time to invest in NA plots near Pune.

Today’s Real Estate Market Value

The Prevailing realty market offers great opportunities for buyers to invest and earn good returns as the property rates seen the correction phase and it is expected to come up in near future. This is the time when the investors can get better options and good deals. Buyers should not delay their decisions as they can negotiate prices in primary as well as secondary markets.

Future Property Value

Indian markets are seeing a slowdown and the developed markets are growing exponentially. There is great potential in Indian realty markets as RERA coming into the picture and the new scheme launched by Modi government that is housing for all by 2022. With these things, the market will be more regulated and will bring transparency. This will boost the realty sector with more opportunities for investors.

Why Invest Today?

Most of the buyers make mistake by investing in property when the market is booming and hence the returns are not expected. The realty market has seen correction phase. From past few years, the realty market has been going through massive change .GST and RERA has altered the dynamics of the real estate market. Where the customer is at driver’s seat and has access to the data and information at his fingertips. This transparency has resulted in an upward trend in buyers sentiments and NRI’s faith has been increased and they are keen to make more purchases.

Where to invest in land?

So if you are looking to buy NA plots near Purandar then you can go for the locations like Purandar and Saswad, these areas are presently considered outskirts and the plot prices are low compared to other areas. Purandar is just 45 minutes away from Pune city. After the government has decided The ‘Chatrapati Sambhaji Raje Airport’ will come up near the Paragon-Memane villages, located to the South East of Pune, near the town of Saswad and the Purandar Fort. Property value has almost doubled in last 2yrs and once the airport is up and running the rates will increase drastically. 

Reasons for Buying Residential Na Plots Near Pune

Are you planning to buy NA plots Near Pune? If yes then, here is important information which will help you take the decision in a proper way. Pune is one of the most profitable and growing real estate markets in India.

Why Pune is the best place to buy NA plots?

Lifestyle

Pune is a metro city with excellent climatic conditions and one of the top choices for many to live in. It is a home for a variety of food and entertainment. It is the cultural capital of Maharashtra.  It has superior education and health care facilities and has ranked no.2 on the quality of life index. It offers a wonderful lifestyle which attracts people from all over the world.

Future Market value

Pune is booming due to rapid development in IT industries. Now with the introduction of Metro and new International airport, Pune real estate market is considered an emerging market and will give maximum returns as price are expected to rise in near future.

Surroundings

With best climatic conditions it is surrounded by luscious green mountains of Sahyadri and it is situated at the confluence of Mula and Mutha rivers. From sightseeing to picnic spots there is much more in the city for your holiday time. The pleasant ambiance and the picturesque views make it one of the best places to live in.

Developing Area

Pune is an emerging market in terms of real estate investment. It has big and renowned institutes. The city has strong manufacturing base across auto and engineering and almost all top IT companies in the country have their presence here.  It is among the top five foreign direct investment (FDI) destinations in India. It is well connected to Mumbai which is the financial capital of India.

Nearby locations

Right from flea markets to big shopping malls, high-end hospitals, fitness centers, pubs, groceries clubs, and entertainment centers everything we need for a good lifestyle, Pune has it all. The sightseeing places like Lonavala, Alibagh, Panchgani, Matheran, Khandala etc. are near Pune.

ROI

There is no property more valuable in the long run than a land. It is a winning formula for big capital gains. People who have invested in the land have reaped big rewards. With rapidly price appreciation in property in Pune over the years, Buying NA plots near Purandar promises profitable returns.

So, one should think of long-term and if you find the Promising NA plot with a clear title which is not very far from the city, go ahead and invest considering it as a wealth-creating asset.

Understand the value of plots near Pune

Investing in plots is a much better option than investing in constructed property.

This is true because the land appreciates more than a constructed property which gives you a better return on the money you have invested. However, purchasing a plot is more difficult and complicated than purchasing already constructed apartments.

Consider these points if you are thinking to buy the Residential NA plots near Pune.

The first and foremost thing you need to consider is to check if the property has clear title and ownership also need to check if there are any pending liabilities or outstanding, taxes, mortgage, claims, no pending cases, the status of land etc.

If there is more than one owner make sure that all the owners sign the sale deed or agreement. You should verify the ownership details and liability details of the past few decades. For these things, you can hire the lawyer and get the details verified.

While buying plots even if you have the full amount try to borrow some amount from a bank because banks verify legal title and other legal aspects before sanctioning the loan. Banks take time to verify these details but it is worth waiting for the banks sanction and then proceeds further.

You might come across the land of any diseased person and the names of the legal heir is not updated on the documents then avoid buying such lands because later it can lead to lawsuits.

You should also check the status of the land. If the land is NA status plot, it does not mean it is legally approved for construction. There are few NA plots near Purandar Airport which are not allowed for residential construction they are given for warehouses or commercial purpose. An experienced lawyer can help you find out legally what is allowed to construct in that land.

In Maharashtra state, the land is classified into three types. Agriculture land or green zone, Non-agriculture land, and forest land. In forest land, no construction is allowed.

Agriculture and non-agriculture land have a different set of rules. Most of the time NA lands do not qualify loan from the nationalized or leading private banks sometimes the plots are approved by banks and sold at higher rates.

When you decide to buy the land find out if the seller is willing to register the sale deed in the office of sub-registrar immediately after the sale. If he is not ready for that then there are some issues with the status of the land. Many times the seller asks months to register as they do not have some necessary clearances from the collector’s office. Avoid such plots where the sellers take time to register the plot.

It is very important to check that the plot is not part of a land that is acquired by the government or pending to be acquired by the government for any civil projects.

The Key to Success for Investing in Real Estate

An investor is successful, only if he finds the deals in which he can make money on.

Real estate can be a ticket to our massive wealth. It can also be our early and fruitful retirement. It can give us financial freedom for the rest of our life. One can make millions by investing in real estate but it can be tricky too in the beginning.

Check out available Residential NA plots near Pune.

One can make many mistakes while choosing the right property especially if he is a new investor. A new investor can be fearful and very careful about his decisions. But if every investor whether he is new or an experienced one, takes a decision on the basis of Goals, abilities, and resources then actually he can strengthen his real estate deal. Hence before entering into any real estate deal, focus on your goals

You might be asking yourself that what the key to success in real estate investing is. How to get rich from real estate investing? If you are one of them then keep reading this article to find out what you should know and the steps to succeed in real estate investing.

You cannot expect success in real estate without working hard and gaining certain knowledge about it. The key to real estate is to gain proper knowledge and understanding of every aspect.

One should learn about Market analysis, Property analysis, different financial strategies, and investment strategies. However, this is only the 1st step of the whole process.

To become a successful real estate investor you should have a strong network. Make sure you meet successful property investors that are in your target area to know what strategies they are using. You can go to as many real estate events as possible or take part in online discussion platforms.

You should know the current market trends like spending habits of the consumer, employment rates so that you can plan for future investments.

Another important factor is to find the best location. It plays a major role deciding on an investment strategy. Put a lot of effort in finding the best location this might take time but it will certainly pay off.

Check out the gallery: NA plots near Purandar Airport Here are the plots available for sale at the scenic location.

One should plan for best financial strategy, realize your financial situation. It is not advisable to apply for hard money loan as the bank interests are very high create a budget plan explore all options for financing a property and select the option best for you.

To gain the experience you can start with small investments in the beginning. You can detect your strong and weak sides and you will start improving on them. You can also use online tools (ex. Mashvisor’s investment property calculator) which give you access to real estate market analysis, neighborhood market analysis, a comparison between various investment properties etc. You need to find and compare multiple options to find the right one for you.

The future of residential real estate

Buying and selling a home can really be complicated. You get different experiences especially negative experiences in buying a home, and selling a home becomes even more difficult. After getting the internet exposure to this Industry it has become easier for the buyer and the seller to do their research on the online platform and then go for the actual process of buying or selling. MLS multiple listing services is real estate industry’s online database used by real estate brokers to share their listings.

Check out available Residential NA plots near Pune.

The traditional process of buying and selling is changing quickly with emerging tech platforms. Now if anyone wants a house on rent /or wants’ to buy the house can go on the real estate website and check the details according to their requirements do it. They can directly contact the seller by taking the contact details from the site they don’t have to rely on the agent’s mercy for getting the details of the property. Newer selling platforms like For Sell By Owner are looking to follow the trend of other industries and eliminate the middlemen. Hence the sellers and buyers can now contact each other directly taking the broker out of the equation.

With the help of online platform available for buyers and sellers communicating each other becomes easy and save a lot of time and energy.

Using (AI) artificial intelligence there are opportunities available for the sellers to display their ads to the targeted audience. Facebook and few more sites are getting a lot more focused on AI, and adverting for the people buying and selling home. In the next few years, this will develop more and will give the buyer a complete feel of the house just by visiting the site sitting at home.

The newer platforms are changing the way the seller work with agents. Users could control their interactions by enabling peer-to-peer communication without a broker at all. More of interaction remains in the hands of buyer and seller and the need for the broker totally goes away.

There are few platforms available to buy and sell the property online in India are Magicbricks .com, 99acres.com, housing.com, makaan.com etc.

In future, some platforms will actually be free to transact on as the lead generation models will allow the platforms not to charge for the successful sales.

Click here to know more about NA plots near Purandar Airport.

The future will see a new tier of home buying and selling experience which will not rely on traditional tools. Real estate technology is empowering the owners and buyers to connect directly which results in a win-win situation means better results for both.

Real Estate Agents and the Internet - How to Buy and Sell Real Estate Today

Over the past decade, the world of house hunters has increasingly become digital. Consumers are going online to support their buying and selling decisions. They watch videos, read reviews on sites, and many more types of research before taking their decisions. Today agents will have to do more than acquire a license. They have to use tools and tactics especially online tactics.

Get more information about Residential NA plots near Pune.

Real estate agents are looking to double and triple their business with Internet marketing. They are trying to create a website, a facebook page, a blog on real estate etc. One needs sharp strategies for finding fresh leads and great sales. This is the time to market yourself online and reap the benefits of your business through internet marketing.

How can you successfully market your business on the internet?

A great User-friendly web design.

As you know most of the people view online content through Smartphone, you must ensure that your web pages are designed accordingly. The website should be attractive to catch the attention of the prospective clients. The images and texts must be seamlessly transferred from desktop to mobiles and ipads. People will appreciate your website’s accessibility to other devices. A responsive design will deliver more views, leads, and sales.

Be in touch with the local market

Using the power of online real estate services can help you target a specific market. Both the buyers and sellers like to research their prospective homes buyers expect the details about the demographics and neighborhood characteristics like -Housing Prices, Property type, Schools and playground, Taxation rates and evaluations, Shopping facilities etc.

Email marketing

You may not convert a visitor into a house buyer overnight .but if you gather their contact information you make a chance to make an impression over the period of time on the prospective buyer.

Email marketing can become an effective tool for open house invitations, monthly real estate market updates, and inform the people about the offers coming up. He may not buy it right now but If you consistently keep in touch with the prospective client whenever he will think of buying you will have the first priority as you have established yourself as an authority in the market.

Reviews

When you successfully complete the housing transactions you should use this positive relation to build your reputation. You can invite the clients to submit a review of your work. The best reviews turn into testimonials for your website it can help you get high search engine ranking as well.

Check out NA plots near Pune.

Answer questions on real estate forums and facebook groups.

Forums are the popular and effective meeting points for a seller and the buyer and real estate agents answering their questions can enhance your reputation and encourage people to visit your website. 

What is the Precise Step to purchase plots and make the entire process appreciable

If you are looking to purchase a NA Plots near Pune. Simply hold for some minute, have researched completely about the chosen plot and the organization you are purchasing it from. This is fundamental to be done in earlier before executing any arrangement. You should know about a few tricks in this field, and in the event that you are another purchaser, at that point it is more essential for you to know the certainties that are engaged with the procedure. With the supportive prudent tips, you can buy your required plot with a solid arrangement.

7 Steps to Follow While Purchasing Plots

• Before buying any Plots near Pune or any other location you need to focus deeply on the aspects of the process.

• Quest for the reliable and renowned real estate company like GrowScape in the location you are expecting to purchase plots.

• Once you get the reputed real estate company dealing with plots get convinced whether the company deals with Residential NA sanctioned plots in Pune or as per your preferred location or not.

• You can demand the government certification to get convinced that the plots are NA sanctioned or not. Demand for bank home approval for a project from any well known commercial bank. It has to be a big well known commercial bank like ICICI , Axis etc and not Co Operative bank.

• If the company fails to produce you the proof you can simply investigate from the government office regarding the matter.

• It is better and even suitable for you to investigate personally.

• Once you get convinced, after finalizing the price as per your estimated budget of land purchase you can precede forward.

What Is The Main Base Of NA And Agricultural Plots?

• The Residential NA-Non-Agricultural sanctioned plots were the best suitable piece of land where after purchasing you can construct your residential house as per your requirement.

• No legal indulgence would be faced with the NA sanctioned plots for construction.

• If you are constructing any house on a plot that reportedly comes under the green belt zone, then you would face legal consequences being the legal owner of the plot.

• As per the government rules the plots that come under green belt zone can’t be used for construction purpose and the offending person would be prosecuted.

• As per government rule agricultural properties cannot be sold for less than 11000 sq feet. Buyer needs to have a farmer proof. Residential NA plot of any area can be sold. There is no restriction for minimum buying square feet area like agricultural plots. Buyer needs not to be farmer.

• It is strictly advisable for you to purchase the plots after investigating thoroughly from your side and don’t forget to find out the price valuation of the plots in the region.

Return on Investments on NA plots is a better option as one gets maximum profits on it

I've said it before and I'll say it again, vacant land is one of the most overlooked and misunderstood real estate investments in India. Whenever I tell people I specialize in buying and selling LAND, I get a lot of blank stares. There seems to be a widespread (and erroneous) assumption that vacant land is a “weak” or even pointless investment because…

• It doesn't produce income.

• It just sits there and nothing happens.

• It's flat out boring.

Click here to find Growscape’s Residential NA plots near pune.

It's an unfortunate misconception because the truth is – vacant land is capable of producing some serious cash flow and it's one of the best investments on earth because of its hands-off nature and versatility.

The simplicity and stability that comes with owning the right piece of land, purchased at the right price, can far outweigh the myriad of problems that come with any other type of real estate. If you've overlooked raw land as a viable investment opportunity in the past, you need to take a few minutes and get educated about what land is all about!

In most cases, you really only need to know one thing: “Is the property suitable for legal construction?” As long as someone else can build on the land if/when they want to, a huge part of the battle is already won.

Have you had enough of dealing with tenants, toilets, bugs, mold, lawn care, leaking roofs, bursting pipes, broken furnaces, and the hundreds of other issues that come with owning buildings? Vacant land doesn't involve ANY of those things. Once you buy it…   it sits there, it behaves itself, and nothing happens.

Think about it – land is a long-term, tangible asset that doesn't wear out, doesn't depreciate, and nothing can get broken, stolen or destroyed. Put all of these benefits together with your ability to buy it for next-to-nothing…   and can you think of a better combination?

I'll be completely honest with you. Land investing is without question, the most powerful strategy I've used to build my real estate investing career. I've bought and sold hundreds of vacant land properties and generated a lot of passive income by selling them with Seller Financing.

Are you looking for NA plots near pune? If you're inquisitive about buying Na plots, we are going to give you with important info that may assist you create an sophisticated call.

GrowScape plots near Saswad

Its popularity is among the key parameters based on which the worth of a locality is decided. If a locality is popular among buyers for purchasing NA plots near Pune, it must be special in some or the other way. Then look no other than Pune. Its closeness to Mumbai and thriving engineering, automobile, education & IT sectors and year round good weather make it an ideal place for living. The employment opportunities are growing day by day and hence, more people are migrating to the city. Let’s have glance on one of the top localities in Pune that are expected to see a significant price rise.

Saswad, an emerging pocket of Pune belt, has various good demand drivers, such as the working population in Magarpatta, spill-over demand from Hadapsar, affordable prices, connectivity to central Pune. The upcoming international airport and ring road passing at a short distance from Saswad are the primary drivers for residential demand in this corridor. As Wanowrie, Kondhwa and NIBM Road are already densely developed; the focus has been shifted to Saswad and its neighboring areas In the past three to four years.

This area has become one of the most preferred residential markets. This sub-market is now also in demand from people staying at Wanowrie, Kondhwa and Fatimanagar. Major reason for buying plots near saswad in this area is upcoming massive international airport. Massive proposed international airport near Saswad will bring connectivity , facilities , developments beyond imagination. Some other major factors for buying properties in this pocket are the possibility to upgrade to bigger flats at affordable prices, acquiring a second home close to the existing one and also buying second-generation home in this area. The region has also witnessed spillover demand from Hadapsar and Kharadi, as the prices in those locations have increased significantly and are no longer affordable for entry-level home buyers. This belt has also gained significance because of the presence of quality schools. Retail development is also becoming a factor driving the potential of the region. Once the new Ring Road is completed, this pocket will see massive development, on the heels of highly improved connectivity in the coming years.

If invested at a right time, right place property buyers can expect 25-30 per cent annual appreciation on capital values, depending on location, product, and delivery time. Unlike end-users, investors are also focused on the best time to exit; a horizon of three years or more needs to be maintained for investments done today. That said, returns are subjective and will depend on factors like project, area, location, etc. There is no thumb rule for how long one should stay invested, with the optimal horizon always being a function of specific project, entry cost and annual appreciation achieved. However, a horizon of five-seven years from project launch is very advisable. In all cases, buyers must do thorough due-diligence before buying properties in any of Pune's emerging locations

Documents that need to be checked before finalizing a plot

Property documents are one of the most important items required while buying NA plots near pune. Various documents need to be verified diligently before booking a Land. This, in turn, will keep you away from varied legal disputes and aggravations. The following document needed to be thoroughly checked and clarified:

1. Systematic Registered Agreement for sale / Sale Deed entered into between the previous parties.

2. 7/12 Extraction and Village and Mutation entries of the said property.

3. Noting of the appropriate names in the Property card if applicable.

4. Approved Location Plan stating the right locations.

5. Government demarcation map of said land.

6. Layout Plot Plan approved by the Town Planning or similar authority, clarity on the common areas and the facilities by each of the entries or the structure constructed or to be constructed on such Layout Plot.

7. Latest Title and Search Report for minimum of last 30 years from an advocate/solicitor regarding the subject property.

8. Non-agricultural Order attached along with the appropriate clearances from the authorities.

9. Clearance Certificate under Urban Land Ceiling Act, 1976 giving clear noting of the subject property.

10. Building/Structure Plan approved by the appropriate authority as per the Development control rules and regulations.

12. Clear Commencement Certificate

13. Proof of payment of Stamp Duty

14. Registration compliances of the subject property.

15. Development agreement or agreement for sale executed between the landlord and the builder for development or for transferring the right, title and interest in the land and in favor of the builder.

16. Any other correspondence regarding the land or building related documents or any other papers in support of the application.

17. Draft conveyance deed/Declaration proposed to be executed in favor of the applicant.

18. Consulting a good property lawyer for better clarity is suggested before finalizing any transactions.

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More Detailed:

• Check for rate of property currently going on in that location by asking a few people/agents etc. so that you will not land up putting up more money in the deal.

• Check if the house you are purchasing is a well maintained society registered property, so that most of the legal matters are taken care of and you are at lower risk of being cheated.

• Check both Original documents and also previous sale documents (if any) before giving token money for the deal.

• Check if that property can get loan from banks.

• If the property is very old (e.g. 10 to 12 years), you can benefit and save money while paying stamp duty which has to be made.

• Ask your advocate to calculate required Stamp Duty and registration fees along with the advocate fees and be ready.

• Property clearance note and No Objection Certificate (NOC) from society is a must before you register any property.

• Do not try saving Stamp Duty charges as during litigation in most cases you cannot fight legally with it.

• Most importantly, spend on the one hundred rupees stamp paper and get the signature, left thumb print with photo attached on the seller before giving the token amount and make the terms very clear on registration date and what if for some reasons, the deals get cancelled.

• Check if the plot was already mortgaged before and if the things are already cleared and settled with the final note of settlement. One of the best ways is to check for all the sequence of original documents of the flat you are purchasing.

• If you are the first time buyer or, say, this is your first property to be purchased, keep some extra cash handy as you might need it for miscellaneous expenses such as post registration, society charges to be paid extra to the builder and some renovations etc.