Are the rising real estate prices sowing seeds of hesitation in your mind about investing in residential properties in Pune? Wondering if the bubble is going to burst and you should wait for property prices to fall down? If you keep waiting, you might end up not having an investment property at all. Looking at the trends of rising property prices since the last few years, in all probability, the properties you have shortlisted will get costlier as you wait. It’s much better to enter the world of real estate investment now and enjoy the rewards in the future.
Pune, often known as the Oxford of the East, attracts a large number of students from around the world due to its quality education. Apart from this, the city is also home to some of the best IT companies of the world as well as manufacturing plants of leading MNCs. Due to the rapid expansion of the city, the challenge in infrastructure in the existing space has given birth to the extension in the boundaries of Pune city.
Every Indian, no matter where he is located in the world dreams of having a home back in India. This leads to a high number of Non-Resident Indians (NRIs) investing in residential projects in Pune ,due to the high appreciation rate in this growing city. Plus, with the rupee falling, more investors are now considering real estate investments a lucrative option in Indian markets. The RBI’s regulations for buying property in India are also fairly easy, attracting many new NRIs to buy residential projects in Pune. If you’re an NRI thinking about real estate investment in India, we bring you some simple guidelines that will ease your process and help you make the right choice.
Whether to buy or rent is a million-dollar question that arises in the mind of every individual at some point. With the number of residential projects in Pune constantly on the rise, customers are always thinking whether they should take the leap and buy a property or just rent at the moment and buy in the future. Both options have their advantages and disadvantages, like buying a home comes with a sense of security while renting spares more expendable money for short time.
Buying a plot for sale in Pune and building your perfect home on it is a dream for many of us. However, buying a plot of land has become a highly tricky affair. Due to the industry corruption, fake documentation, cash demands, legal disputes of land and many such problems, it is important for first time land buyers to be overly cautious of their decision. Primarily, it is important to check that the plot is residential N.A. so that you get an easy loan and you have permission to use it in long term. The steps and procedures of buying plots are quite different from buying a flat and hence, careful analysis is required on the part of buyers to ensure a good deal.
Pune has seen an incredible rise in property prices since 2011. The rates have risen more than 35% in this eighth largest city in our country. Residential properties in Pune have been performing better than Mumbai and the National Capital Region. However, with the recent slowdown and sluggish markets in the country, there are high expectations for a positive change in 2016.
Land is a tangible asset unlike stocks, shares or fixed deposits. Your
investment in gold too stays in the locker but it cannot give you the pleasure of
companionship like your plot. At Shubhyog , you can enjoy your investment in various ways, till you decide to construct.
Check out how!
- Plant fruit trees in the side margins
- Create a small kitchen garden on your plot and enjoy the seasonal vegetables
- Have your own lawn area surrounded by flower garden
- You can even build your own small shelter at reasonable cost