REAL ESTATE INVESTMENT TIPS
Now a days people look for properties through real estate portals.In real estate portals the properties are directly offered by developers.Real estate portals provide information about floor plans,directions and information about nearby surrounding and also provide users with reviews on ongoing and finished project
Emergence of IT industry in last two decades has rendered great impetus to Pune’s economy. Pune real estate sector in particular, witnessed a great boom and properties in Pune have experienced a greater demand. Top builders/developers in Pune have introduced new concepts and fundas to meet the changing taste of modern day investors. Pune properties at most of the sites are coming up with ultra-modern amenities.
Generally in Pune Real Estate market, investors buy property when they know that the property will gain in capital appreciation – This is the important factor attributed to it. The real estate appreciation prompts them to increase their personal net worth. All the same, the hardcore middle-class look at this investment, purely from aspiration point of view and to have own permanent shelter. On this backdrop, when people decide to buy property in Pune, in the upcoming/ongoing projects for sale, it is important to give a thought to the following. These tips would yield them real value for their money. Therefore, these strategic steps would make you more investment friendly, when you decide to buy property in Pune.
1.When you are investing in home for personal use, look for the best location, which is suitable and closely situated near your working place, with good logistic facilities and essential places like schools/colleges, hospitals, shopping malls and entertainment centers with good connectivity. In such cases, one may compromise a little on pricing.
But when you are investing purely for better gains you may think on a long term investment plan. In such case, you can invest in upcoming/ongoing projects for sale, albeit little far in the surrounding areas, as there are lot of new residential projects in Pune proliferating at such locations.
2. Keep a watch on market price fluctuation and on overall economic trend. These things largely influence the real estate pricing. Keep little patience to have price correction. Let the prices stabilize. You may take a word of advice from the best real estate agents in Pune. Go for a professional agency with sound market knowledge and good reputation as the best real estate agents.
3. Visit the location, you have in mind. Take into consideration its distance from the major places and the commutation problems, if any. Also see to it that the developer or builder has made sufficient provision for the facilities committed, e.g., club-house, garden, community hall, swimming pool etc. Don’t rely only on information provided in the brochure.
4.Certain upcoming/ongoing projects promise a lot of amenities, under the label ‘opulent living’ and list out number of fancy facilities, which not only involve hefty maintenance expenses but their maintenance also becomes headache. In such cases, think twice before investing.
5.Go for ready possession property, or a property which is nearing completion. However, when you investing in a property developed by the top builders / developers in Pune, you may consider the pre-5launch offer, because these builders have excellent reputation in the market and they stick to their commitment.