Owning a flat at any project in Kothrud is still a fantasy for many of your potential home buyers. This is because the real estate market is not only a complicated market but also highly commitment centric. The rising prices of the property make it difficult for narrowing the time and choices down to a single big investment that holds the power to not only change your life but also increase your overall asset worth with time.
There are many reasons why Pune is the best place for renters to become property buyers.
The top 3 reasons are mentioned below:
Pune has developed itself in most of the regions with a modern standard of living that includes an established infrastructure, the best amenities, connectivity, and value for investment. When you look for flats in Kothrud, you will find the combination of the features that a worthy property should have at a convenient price, which reflects the appreciation value.
Rental and loan rates
The developers in Pune understand the market mobility and provide you with numerous bank loan deals, especially since the lending rates have been reduced by the government. This when added to the advantage of the high demands of home renters, brings you the best opportunity to not only think about increasing your asset worth but also grow further.
The government initiatives of better proofing the process of homebuying have increased security. The RERA act includes the penalties that the developers need to pay in case of a delay in delivering the project. This will be the same as the EMI that the homebuyer will be paying. Once you narrow down your flats in Sinhagad Road, you can understand these policies before you invest.
There are many reasons why you should be preferring more locations in Pune like a project in Hinjewadi, mainly because of its promising evaluation of property prices in the future. You surely might not be thinking of ever selling your home at the buying, but you surely should understand what you should get in return if ever you think of selling it. An established locality will always ensure you get better returns.
In conclusion, the bigger your investment in an asset, there always will be a risk of uncertainty to it. Knowing the right information is the first step to start deciding. This includes learning about what to look for and which developer to choose. Make sure you do the right research and then take a call on your new home.