New properties in Pune have a charm of their own. Often, when investing in property, people are confused between the old and new properties. It is important to know exactly what you want from your new home. It is a fact that there are huge differences between both.
Old properties were built in the centre of the city, resulting in areas that are highly populated as well as congested. The upcoming projects are built in locations that are convenient for working individuals as well as people who stay with family and work at the same time. With the development in the IT sector, Pune has seen a shift in the number of people who have moved here permanently. This has resulted into real estate development in locations like Hinjewadi, Talegaon, Tathawade, etc. These locations have everything that one needs – schools, colleges, recreational places as well as hospitals and banks. Their close proximity to work places have made these new properties very famous and preferred by many.
Another huge gap between the old and new properties is the craftmanship. The new projects have homes that are constructed just for you. Keeping in mind the requirements that people have these days, old properties do not do justice to new buyers. There are various issues that one has to constantly keep addressing if one decides to invest in an old property. At a new property, one can just move in as most things are taken care of by the builder. These homes are built for families, couples, or just single individuals. The variety from which one has to pick is definitely more in the newer schemes in Pune compared to the old ones.
Amenities is quite an important factor when you compare old and new properties in Pune. Old properties did have some amenities to offer but when it comes to the new and upcoming projects, there is not one thing that they do not offer. Things like swimming pool, clubhouse, amphitheatre, parks, kids play area, etc re just some of the many amenities that you will find at a new project. These amenities help you feel satisfied and actually make you want to spend time at home instead of heading out.
These are some of the many reasons why one must do thorough survey before investing in real estate in Pune. If one looks closely, it is clearly visible how different the old and new projects are to each other. Make sure you make an informed choice when it comes to investing in real estate.
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