Posted by: Namrata Group
13th January, 2020
633

5 Pune Real Estate Market-A Step-By-Step Guide

In India, Pune has become the most demanded realty investment area. The vast options offered by the city in housing, along with various budgeted segment, provides an incredible opportunity. The top-notch projects in Maharastra are inclined towards Pune, providing infrastructure growth in all spheres. Buying a property in the city looks like a lucrative offer, but it can turn into a stressful process without any proper guidance.

The real estate market offers excellent opportunities to buyers, but the chances of risk is equally high. It is crucial to keep all the factors, resources in mind before making the final decision. It is relatively essential to take help from all the trusted real estate developers in Pune, who can provide expert consultation at each step of the real estate buying process.

What to keep in mind

Real Purpose

The most crucial point to consider before investing in real estate is the purpose of your investment. It means precisely determining why you’re buying and what kind of flat you’re looking for? Are you buying home for self-purpose or just an investment for future security or resell? These are primary factors as they influence your buying decisions.

Ideal Location Keeping Future In Mind

Once you are sure of your reasons to invest in a property, then look for the area which caters to your needs. Apart from self-growth, family requirements and future developments all aspects benefits to make a better judgment. If you have shifted to Pune due to work and interested in the diverse and cosmopolitan crowd, then look for areas like Hinjewadi, Wakad, Rahatani, Kamshet, Aundh. These areas provide a lot of job employment, easily accessible, and offers ample entertainment options. If you are a resident of the state, then Singhad, Pimpri Chinchwad are ideal sites to keep you connected with your routes.

Decide Your Budget

Knowing your budget before buying a property in Pune is needed as it helps narrow down the search. In Pune 2BHK and 3BHK flat are available from 20 Lakhs up to 50 lakhs and more. The per square ft rates at popular destinations like Kharadi, Wakad, and Hinjewadi range from Rs 4,632 to Rs 6,418. Premium luxury houses at good locations start from 2 BHK – 63.85 Lakhs and 3 BHK – 81.98 Lakhs. It is expected to seek out all the financial implications, mortgage, bank loan, or EMI payments before taking the plunge. This way, the economic crunch will not affect your future plans.

Look for a trusted Real Estate Developer

As per the current market scenario, it is essential to contact a trusted real estate developers. One can look for information through online searches and references. They help you guide through the property search, financing, negotiation, and transaction processes, with the help of their expertise in local market knowledge, experience, and track record. It saves a lot of hassle and time and useful in making the right decision.

View Flat Before The Purchase

As a wise buyer, you must go and see the flat before investing. Personally, witnessing the property helps in clearing many doubts like neighborhood, infrastructure, locality, connectivity, etc. It helps you to focus on your preferences, priorities, and needs.