Buyers and investors often get confused while buying a property in Pune, as the real estate market of the country’s IT hub is quite dynamic. They are required to consider many things, before finalizing their decision to seal the deal. So, one must be aware of the market trend, before setting a lot of expectation from the purchase.
The first thing that you need to set right is the objective of buying a flat. If you are buying the property for self-use, then the focus will be on value for money and sustainability. However, if one is buying from the perspective of investing, then the focus will be on getting maximum return on investment, irrespective of the sustainability factor.
The first step is same for all the cities, irrespective of the market condition. However, once you are aware of the purpose of buying a property, the second step depends on where you are buying the property. When it comes to buying a property in Pune, location is the second step due to the fast-changing market dynamics of residential real estate in the city.
Investors can try their luck in Bavdhan and Sinhagad road that connected to the core areas of the city and expected to appreciate at a decent rate. On the other than, locations such as Kharadi, Viman Nagar, Magarpatta, Hinjewadi, etc., are good for residential purpose, as most of the projects are sustainable.
The third step involves choosing the right realtor for making informed decisions. Although Pune is known for being home to organized property developers, involving a realtor is better as you get a lot options to choose from, especially in a city like Pune.
From housing units to independent villas to condominiums, Pune offers all the necessary options for both buying and investment purpose. So, put your best foot forward and take one step at a time to get the ideal property. All the best!