How You Should Make an Informed Decision about Investing in Property
  • Posted by: Prachi Shah
  • 23rd November, 2018

Investing in Property

How You Should Make an Informed Decision about Investing in Property

Investing in property has become important, especially with Pune’s real estate market growing and showing a promising future. The market trends in Pune are positive and this is the ideal time to invest in this city.

Buyer- Driven Market

Due to the implementation of RERA in 2016, builders are more cautious in launching projects. Moreover, RERA has resulted in an a huge supply of houses being available. This has led to a drop in the costs which makes it a buyers market. Pune is on a fast track to recovery and the prices are already picking up. Thus, this is the right time to invest as you can buy a house in a moderate budget and it will increase in value within a short period of time. Investing in property now will make your investment a smart one.

Government Reforms

Due to the regulatory changes made by the government, many dishonest and fake builders have left the market. This greatly safeguards an investor’s interests and money. One can now invest in an under-construction project at a good price without fretting over its completion date. This is one of the best changes ever since it makes the entire process between the builder and buyer transparent and investment in property becomes simpler than before.

Real Estate Growth

The trends in Pune have shown a very bright side of the realty market and investing in property in the current market. From Jan 2018 to July 2018, the number of new launches have increased from 24, 792 to 31, 618. More and more people are investing in property in Pune and buying houses here. The number of units sold from July 2017 to December 2017 were 36, 086. This increased to 40, 345 from Jan 2108 to July 2018. People are realising that Pune has a steady market and has recovered greatly. (99acres.com)

According to the market trends in Pune, the city has consistently shown a good growth. It is a good time to invest in the market for end users as well as investors. Having a property in Pune is surely going to give good returns in the near future.

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