Friday 12 April 2013

1 and 2 BHK becoming dearer in west Pune


Hey guys, I am posting after a long time, I will write about a very general topic today.
I came across many readers and buyers asking me to find properties in the west region of Pune for 1 BHK for sub 30 lacs budget and 2 BHK in sub 50 lacs budget, and that to in locations lile Baner along side the NH-4 bangalore highway, Wakad,  Balewadi, Pashan, with new Projects or resale in ready possessions recently completed projects only. Frankly speaking there are very few propejcts which have the matching properties as mentioned above and mostly cost somewhere around 35-40 lacs for 1 BHK and 60-75 lacs for 2 BHK apartments. But the answer is also a YES as there are Developers who have projects offering apartments in these ranges but they are not reputed ones or developing for the first time. But then the risk factor comes in play like will he complete the project or not, quality, etc.
Now with the price for apartments in these locations is from 4800 to 5500 per sqft it is difficult to have choice of apartments in budget apartments.
Now people ask whether the price rise will be creeping up and up for ever or what. The answer is absolute YES as there will always be a demand for houses and the properties will always be finding the required buyers, altough there may be a correction in the coming future but it wont affect the buying spree. As you do not know when is the correction going to come because it does not give you any warning like in case of a Natural calamity or weather changes etc. Some people wait for this to happen and then buy but these guys have lot of patience.
So to sum up there are apartments available in sub 30 lacs for 1 BHK and sub 50 lacs for 2 BHK but the locations are different and farther away. So these buyers should shift their priorities in the newer areas like Punawale, Kiwale, Talegaon, Dehu road, Wadgaon Maval, Kanhe, Sus, Maan, Ghotawade, Pirangut, Urawade, Farther end of Paud road etc.
Advice for those who want to buy Real Estate now, Today is the best day and there is nothing like "Got Late". It is like a running train and you need to catch it at your nearest station.
Please get in touch with me for any query and sale transaction.
Regards
Hitendra Choudhary
9823116000 or 9158400500
hitendra2309@gmail.com
Posted by at

96 comments:

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  2. Unknown16 April 2013 at 17:50

    I suggest all home buyers to do to lot of research before buying a property or commercial property. First of all look for the environment of property, how many rooms, how many bathrooms, dining room, kitchen and home is fully furnished or not. One thing more, always negotiates with agents while buying property.

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    The property prices will also be brought low and more affordable homes will be provided to the people here. However this will boost the Real Estate in Pune as a whole.

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