A thriving, lively metropolis, Pune was once the capital of Peshwas. Due to its fresh and dry climate, it conjointly became the Bombay Presidency’s monsoon capital. Currently, the town may be an active hub of multifaceted folks and activities and is within the competition of one of the top metropolitan cities within the country.

Pune may be a centre of academia and business that epitomizes ‘New India’ with its baffling mixture of market economy and spiritualism (ancient and modern). As it and automotive industries are digging their roots in city limits, the cultural capital of Maharashtra is turning into an investment hotbed.

Let’s go through a step by step method to understand who, where, when and how to buy a home in Pune?

And to feature to any or all this, a sound public infrastructure and an ocean of housing choices across luxury & budget segments have made Pune as one of the most sought-after realty destinations for buyers across the country and overseas.

The ideal buyer persona

The residential real estate section in Pune has witnessed apparent demand from non-resident Indians (NRIs), primarily for stable returns on investment and handsome rentals. However, will it mean people don’t like Pune for residential purpose? No!

Pune has become one among the first concerns of future residents. One among the best schools, hospitals, active lifestyle choices, security and picturesque surroundings have created a home buying decision in Pune simple for many.

A home buyer will be anyone, however, according to the foremost recent trends; it will be same that IT professionals between the age of 25 to 45 and automotive professionals between the ages of 30 to 50 years are making a shift here. The choice to buy a home in Pune additionally comes with the cultural mix you’re searching. Pune includes people from everywhere in the world and serves a diverse culture for all.

Even if your monthly income surpasses seven figures having a particular purpose certainly helps.

From the massive ocean of homes, anyone will get confused whereas looking property in Pune as housing options are as varied because of the tastes of individuals in the town.

So what do you have to think about while buying a property in Pune?

Just answer four easy queries and be sorted.

1.what’s your aim to buy a house – to reside or to invest?

2. What would be most fitted for your family – closeness to work or lifestyle amenities?

3.what’s your budget as well as property price, taxes, brokerage, renovation, etc.?

4. Lastly, who and how many members of the family are going to be staying in the home?

Pune attracts property buyers from all over the country and overseas. So, it’s higher to clear your concerns before making a choice. Answers to questions mentioned above massively shape the buying choices, which lead you to succeed step.

Location

Now the aim has been outlined. Move to the choice on the area that most accurately fits your purpose. Therefore if you’ve got moved to Pune due to work, areas like Viman Nagar, Kharadi, Hadapsar, Sus, Hinjewadi and Wakad, might suit you the most effective. These areas have a diverse and cosmopolitan population.

Here is a list of a number of the foremost most popular location with approx prices in per sq. Ft.

 

Area Cost (per sq ft) in Rs.
Hinjewadi 5,500
Hadapsar 5000
Kondhwa 4,900
Kharadi 5500
Talegaon Dabhade 3,700
Viman Nagar 6500
Wakad 6,500
Sus 4,618
Baner 7,500

 

Similarly, if you’re a Maharashtrian, and like to stay connected to the core areas of the town, then areas of Kothrud, Bavdhan, Koregaon Park, Karvenagar etc. would suit you higher. Moreover, every location offers a distinct surrounding and lifestyle that is totally interlinked with the third elementary aspect of this method.

Related Post – How to save for buying your first home?

Once you’re through with the above steps, zero in on a property and dig into the offered options.

Know more about ongoing projects: https://mahalaxmipune.com/ongoing-projects/

Leave a comment