By Kunal Chibber (Guest Writer)
Properties are considered the most lucrative investment, as the costs to incur them are skyrocketing at a steady pace. The demand for properties from both residential as well as commercial developments including flats, offices and shops are considerably high. Property rates in Pune is quite high with a variety of options like low rise builder, high rise flats and independent houses etc. In this post we will be discussing about Real estate scenario in Pune and where are the good options to invest.
Realty market is a profitable source of investment across countries of the world. Be it the commercial or residential property, the growth is quite high in the metro cities like Pune, Mumbai, Delhi etc. You will find various residential or commercial properties that are ready to move or under-construction properties. If you are planning to invest in a residential or commercial land, it can fetch you a lot of money.
Therefore, investing in such properties, which can be rented easily, is always a profitable deal. Otherwise, if you are doing <a href="http://www.99acres.com/Pune-Real-Estate.htm">property search in Pune</a>, this is the place where you can get an insight as we will be discussing about few of the available properties for rent and sale in Pune.
2-3 BHK rental flat in Pune ranges from Rs. 12 to 24 thousand per month whereas the villas and penthouses on rent may go up to a lakh. With such high rentals, the investors prefer to buy the property as this way that they can lease it out for some good source of monthly income.
Let us see some of the New Projects which are available in Pune:
1. Metro Jazz - Baner - With 2, 3 & 4 bedroom flats, the prices come in flexi price variants with a price range of 72.6 Lac – 1.7 Crore. Possession is due in January 2016.
2. Sunrise Sun Planet - Alandi Road- With 1 & 2 bedroom flats, the prices come in flexi price variants with a price range of 21.2 Lac – 32.8 Crore. Possession is due in December 2014.
3. Rohan Silver Palm Grove – Ravet - With 2 bedroom flats of 1110 square feet each, the prices of the flats is 52.2 Lac. Possession is due in December 2014.
4. Ganga Kingston – NIBM - With 2 & 3 bedroom flats, the prices come in flexi price variants with a price range of 36.4 Lac – 63.2 Lac. Possession has already started.
Rental properties available in Pune
- 2 BHK Flat at Wagholi - Expectation: 10,000, 2 BHK, 1,095 square feet, Semi Furnished. This flat at Wagholi is available for rent with all amenities.
- 1 BHK Flat for Rent at Keshav Nagar - Expectation: 6500, 1 BHK, 600 square feet, Unfurnished.
- 3 BHK Flat for Rent at Pimple Saudaagr - Expectation: 15,000, 1,300 square feet, Unfurnished.
- 2 BHK Flat at Baner Road, Rent - Expectation: 15,000, 2 BHK, 1,200 square feet, Unfurnished.
Also the growing commercialization is allowing people to look for rental accommodation as well as for purchase in almost every city of the country. Even for people going to work around suburbs of the city, having a rental property in Pune is definitely a good idea.
(About the Writer: Kunal Chhibber is a professional content writer with expert skills in digital marketing. He has also written many informative write-ups doing exclusive research on the Indian real estate sector. He is a graduate in management; music is a passionate hobby to which he is committed to as a part time Disc Jockey)
