Which Area Is Best To Buy Flat In Pune?

by | Last updated on January 24, 2024

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  • Baner. Baner has seen the most of the real estate growth in Pune. …
  • Lohegaon-Wagholi Road. The road that connects the developing Lohegaon and Wagholi is no less a hot spot for buying a flat. …
  • Viman Nagar. …
  • Sinhgad. …
  • Bavdhan. …
  • Undri. …
  • Kharadi. …
  • Hinjewadi.

Which is the best area to invest in Pune?

  • Wakad. …
  • Hadapsar. …
  • Viman Nagar. …
  • Pimple Nilakh. …
  • Mundhwa. …
  • Balewadi. Balewadi is a north-western suburb of Pune, located in the outskirts of the city's older areas. …
  • Kondhwa. One of the oldest colonies situated towards the south-east of Pune, is Kondhwa. …
  • Undri. Undri is a bustling locality situated in the south-western part of Pune.

What to check before buying a flat in Pune?

  • Land Record: Title deed is the most important document as it gives details about ownership, rights, obligations and mortgages on the property. …
  • Construction Clearances: A ‘commencement certificate' is mandatory to commence any construction of a property.

Which site is best for buying flats?

  • 99Acres. One of the popular names in the industry, 99 acres is included in one of the premium real estate web portals of India. …
  • MagicBricks. …
  • Housing. …
  • Common Floor. …
  • OLX Homes. …
  • Quickr Homes. …
  • Sulekha Properties. …
  • Makaan.

Which is the best society in Pune?


Lodha Belmondo

is one of the best residential apartments on the Pune Mumbai Highway, Pune. Lodha Belmondo is a low-density residential society, and low density is good for living. There are only 2200 flats in a 100-acre area, which is a very good sign for luxurious living.

Which is the richest area in Pune?

  • New Kalyani Nagar. Source: Shelter4u. …
  • Erandwane. Pune Street view | Pune footpath | Erandwane. …
  • Shivaji Nagar. Source: punekarnews. …
  • Koregaon Park. The serene paths of Koregaon Park, Pune! …
  • Boat Club Road. Source: WhatsHot. …
  • Kothrud. EVENING, KOTHRUD, PUNE, INDIA. …
  • Wadgaon Sheri. …
  • Senapati Bapat Road.

Is Pune good for investment?

If housing investment is on your mind, then Pune is one of the

thriving real estate markets

in India. The presence of IT/ITeS establishments, pleasant weather, a multitude of choices across budget and higher Returns on Investment (ROI), make it one of the highly desirable realty hubs across Tier 1 cities.

What to know before buying a flat?

  • Property Price: The first step in selecting a house or a flat is to fix a budget. …
  • Flat's Carpet Area: …
  • Land Record: …
  • Legal Check of Property: …
  • Apartment Possession: …
  • Financing Banks: …
  • Builder-Buyer Agreement: …
  • Location of the Flat:

What is the life of a flat in India?

The life span of a concrete structure is about 75–100 years, the average life span of an apartment

is 50–60 years

and a house is average 40 years. Although Eco-friendly and green constructions have a longer life span, minimal maintenance can help increase the life span of any building.

What is the process of buying a flat?

1)

Title Verification

. As a preliminary step, the buyer must first confirm the existence and validity of the property title. It must be free of any mortgages or previous unpaid dues. Scrutinize all documents for a minimum period of the last 12 years, going up to 30 years for any legal discrepancies.

Which house buying site is best?

  • Best Overall: Zillow.
  • Most Accurate: Realtor.com.
  • Best Mobile App: Trulia.
  • Best for Foreclosures: Foreclosure.com.
  • Best for Renting: Apartments.com.
  • Best for “For Sale By Owner”: FSBO.com.
  • Best for Heroes: Homes for Heroes.

Where can I buy a flat in India?

  • Hyderabad, Telangana. “Hyderabad, with its buoyant and thriving economy and a dynamic workforce, is once again trending as a buyer's market. …
  • Pune, Maharashtra. …
  • Navi Mumbai, Maharashtra. …
  • Jaipur, Rajasthan. …
  • Surat, Gujarat. …
  • Ghaziabad, NCR. …
  • Nagpur, Maharashtra. …
  • Kochi, Kerala.

What is the best house rental website?

  • Best Overall: Zillow Rental Manager.
  • Best for Screening Prospective Tenants: Avail.
  • Best for Attracting Qualified Applicants: Apartments.com.
  • Easiest for Landlords to Use: Cozy.
  • Best Listing Site for Filling Vacancies Fast: Zumper.
  • Best for Cost Comparables: Rentometer.

Why is Pune expensive?


Higher transportation and rental costs

have meant that even though Pune is only India's seventh-largest city, it ranks higher in terms of cost of living. According to cost of living estimates by Expatistan, housing in Pune ranges between Rs 10,000 and Rs 21,000.

What is good salary in Pune?

What is the average salary in Pune? A person working in Pune typically earns around

₹50000 per month

(After tax) and it's not qualification specific. ₹50000 is a good salary according to the average cost of living which is ₹35000.

Which is Pune posh area?

Pune Posh Area in

Deccan Shivajinagar

Average Property Price (per sqft.)
Prabhat Road Rs. 15,400 Model Colony Rs. 13,300 Sadashiv Peth Rs. 10,500 Shivajinagar (Average of all localities) Rs. 13,400
Timothy Chehowski
Author
Timothy Chehowski
Timothy Chehowski is a travel writer and photographer with over 10 years of experience exploring the world. He has visited over 50 countries and has a passion for discovering off-the-beaten-path destinations and hidden gems. Juan's writing and photography have been featured in various travel publications.