#Current home loan rates Pune

[nayaaproperty]

Simplify Property Resale in Pune — Expert Guidance from Nayaa Property

Selling a property can be as challenging as buying one, especially in a competitive real estate market like Pune. Whether you own a premium resale property in Pune or are looking to sell resale flats in Pune, understanding the right approach is essential to secure the best deal. From legal formalities to market trends, several factors impact the resale process.

1. Understand the Market for Resale Flats in Pune

Before listing your property, it’s important to understand the demand for resale flats in Pune. Pune’s real estate market is dynamic, with high demand in areas like Baner, Kharadi, Wakad, and Koregaon Park. Research comparable properties in your locality to set a competitive price.

Factors affecting resale value include:

Location and connectivity

Condition of the property

Amenities and infrastructure

Current market trends

Consulting experts like Nayaa Property can help determine the right price to attract potential buyers.

2. Prepare the Property for Sale

A well-maintained property attracts more buyers and fetches a better price. Consider minor renovations, fresh paint, and fixing any damages to enhance the property’s appeal. If you own a premium resale property in Pune, staging the home with good lighting and modern interiors can significantly impact buyer interest.

3. Verify Legal Documentation

Proper documentation is crucial for a smooth resale transaction. The following documents are required when selling a property:

Sale deed and title deed

Encumbrance certificate (proving no legal disputes)

Property tax receipts

Completion and occupancy certificate

NOC from the housing society

4. Check Current Home Loan Rates Pune (If Applicable)

If the property has an existing home loan, you need to check the current home loan rates Pune and the outstanding loan balance. Clearing the loan before selling is advisable, or the loan can be transferred to the buyer if they agree. Nayaa Property assists sellers in navigating this process smoothly.

5. List Your Property on the Right Platforms

Marketing plays a key role in finding buyers quickly. Utilize online property portals, social media, and local real estate agents to maximize reach. Highlight key features of your property, such as location, amenities, and proximity to workplaces and educational institutions.

For premium resale property in Pune, professional photography and virtual tours can make a significant impact on attracting high-end buyers.

6. Negotiate and Finalize the Sale

Once you start receiving offers, negotiate smartly to get the best deal. Be open to discussions and flexible with pricing if needed. After finalizing the deal, ensure that all legal and financial formalities are completed.

7. Seek Professional Assistance for a Hassle-Free Process

Selling a property involves multiple steps, from legal verification to financial transactions. Nayaa Property offers expert assistance in selling resale flats in Pune, managing documentation, legal checks, and securing the best market price.

If you’re planning to sell your premium resale property in Pune, let our team simplify the process and connect you with the right buyers. Contact Nayaa Property today to get started!

[yashodhangrouppune]

Best Time to Upgrade from Renting to Owning a 2BHK in Kondhwa

If you're renting a home and dreaming of owning your own space in Pune, the lively suburb of Kondhwa might just be the perfect place to start. Known for its vibrant community, excellent connectivity, and range of housing options, Kondhwa has become a sought-after destination for homebuyers. But when is the right time to make the leap from renting to owning a 2BHK in Kondhwa? Let’s explore the factors that make now an ideal time to invest in a home, with a special focus on the offerings by Yashodhan Group.

Why Kondhwa is Perfect for a 2BHK Purchase

Kondhwa, located in the southern part of Pune, has seen significant real estate growth in recent years. Here's why buying a 2BHK in Kondhwa is a wise decision:

Affordable Pricing: Kondhwa offers competitive property prices compared to central Pune, making it an attractive option for first-time homebuyers. Whether you're looking for a compact 2BHK or a spacious one with modern amenities, Kondhwa caters to a variety of budgets.

Proximity to IT Hubs: With easy access to major IT parks in Magarpatta, Hadapsar, and Hinjewadi, Kondhwa is a preferred choice for professionals seeking a balance between work and home life.

Excellent Connectivity: The area boasts well-developed road networks, with easy access to the Mumbai-Bangalore Highway, Pune Railway Station, and Pune International Airport. The upcoming metro line is expected to enhance connectivity further.

Lifestyle Amenities: Kondhwa is home to reputed schools, hospitals, shopping malls, and entertainment options, ensuring a comfortable lifestyle for families and professionals alike.

Renting vs. Owning in Kondhwa

Many individuals and families choose to rent in Kondhwa due to its affordability and proximity to workplaces. However, renting comes with its limitations—no long-term financial returns, frequent relocations, and restrictions on customization. Upgrading to owning a 2BHK in Kondhwa not only offers stability but also allows you to build equity over time.

Here’s why buying a 2BHK is a smarter choice in the long run:

Asset Creation: Your monthly EMI contributes to building an asset, whereas rent is an expense with no returns.

Tax Benefits: Homebuyers can avail of tax deductions on home loan interest and principal repayment, reducing the financial burden.

Freedom to Personalize: Owning your home allows you to make changes and upgrades that align with your preferences.

Steady Rental Income: If you plan to move out in the future, a 2BHK in Kondhwa can serve as an excellent source of rental income.

Why Now is the Right Time to Buy

Low Interest Rates: With favorable home loan interest rates currently available, financing your dream 2BHK has become more affordable.

Growing Infrastructure: Kondhwa’s ongoing infrastructure developments, including metro connectivity and road upgrades, are likely to boost property values in the coming years.

New Projects by Reputed Developers: The real estate market in Kondhwa offers a variety of options, including premium projects by trusted developers like Yashodhan Group.

Stability in Real Estate Prices: While property prices in Kondhwa are competitive now, they are expected to rise as demand increases. Investing today ensures a better return on investment tomorrow.

Yashodhan Group: A Trusted Name in Kondhwa Real Estate

If you’re considering upgrading to a 2BHK in Kondhwa, Yashodhan Group should be on your radar. Known for delivering high-quality residential projects, Yashodhan Group combines innovative designs with modern amenities to create homes that offer comfort, style, and functionality.

Key features of Yashodhan Group’s projects include:

Prime Locations: Strategically located in Kondhwa, ensuring proximity to schools, hospitals, and shopping centers.

Spacious 2BHK Designs: Thoughtfully planned layouts that maximize space and natural light.

Modern Amenities: Facilities such as landscaped gardens, gyms, kids' play areas, and 24/7 security enhance your living experience.

Affordable Pricing: Competitive pricing and attractive payment plans make owning a home easier than ever.

Tips for First-Time Homebuyers in Kondhwa

Assess Your Budget: Calculate your finances to understand how much you can comfortably afford as a down payment and monthly EMI.

Choose the Right Developer: Opt for reputed builders like Yashodhan Group to ensure quality construction and timely delivery.

Check for Amenities: Look for projects that offer lifestyle-enhancing amenities within your budget.

Inspect Legal Documents: Ensure that the property has all necessary approvals and is RERA-registered.

Plan for the Future: Consider the appreciation potential and rental demand of the property for long-term benefits.

Conclusion

Upgrading from renting to owning a 2BHK in Kondhwa is not just a financial decision but a step towards securing a better lifestyle and a promising future. With Kondhwa’s growth trajectory and the trusted offerings of Yashodhan Group, now is the perfect time to make your dream of homeownership a reality. Don’t wait too long—the ideal home in Kondhwa is waiting for you!

[financemaster1]

All your Gold Loan from Home Questions Answered

Look no further than the Gold Loan from Home service offered by Muthoot FinCorp ONE, if you are looking for a hassle-free and convenient way to get a loan.

Let us see some of the questions you may have about this financial offering.

1. What is a Gold Loan from Home?

A Gold Loan from Home is exactly what it sounds like—a loan service that allows you to use your gold jewellery as collateral to secure a loan, all from the comfort of your own home. It is a hassle-free and convenient way to unlock the value of your gold in just 30 minutes*.

Traditionally, securing a loan against your gold required a visit to a bank. With Muthoot FinCorp ONE's Gold Loan from Home, the process is simplified. You can book an appointment, and our team will come to your doorstep, making it safe, easy, and quick to access the funds you need.

2. What are the benefits of getting a Gold Loan from Home?

The benefits of getting a Gold Loan from Home are numerous. Firstly, the convenience factor is unbeatable. You can schedule an appointment, and our team will come to your home to collect your gold jewelry at a time that suits you.

Moreover, the loan disbursal process takes just 30 minutes*, making it incredibly fast. We also offer zero* processing fees in select cities, so you won't incur any additional costs when getting a Gold Loan from Home.

Plus, we take your pledged gold jewellery to a nearby Muthoot FinCorp branch in a GPS-tracked safe locker, ensuring its safety and providing automatic insurance coverage for added protection.

3. How is a Gold Loan from Home different from a traditional Gold Loan?

The primary difference between a Gold Loan from Home and a traditional Gold Loan is the convenience factor. With a traditional Gold Loan, you would typically need to visit a bank or a branch in person to initiate the loan process. This may involve travel and waiting times.

In contrast, a Gold Loan from Home allows you to stay in the comfort of your home while our team processes your loan in just 30 minutes* with zero processing fees. We also take care of transporting your gold jewellery to a nearby branch, eliminating the need for you to carry it yourself.

4. What are the different Gold Loan schemes available for Gold Loan from Home?

We understand that every individual has unique financial needs. That is why we offer a variety of Gold Loan schemes through our app. To explore the details of these schemes, visit the Gold Loan page on the Muthoot FinCorp ONE app. You can select the scheme that best suits your requirements, whether it is based on the loan amount, interest rate, or other parameters.

5. What is the tenure for repayment of a Gold Loan from Home?

The tenure for repayment of a Gold Loan from Home is flexible, allowing you to choose the duration that aligns with your loan amount and the specific Gold Loan scheme you select. To find the most suitable tenure and scheme, be sure to review the available options in detail on the Gold Loan page of our app.

In Which Cities Is Gold Loan from Home Available?

Currently, Muthoot FinCorp ONE offers the Gold Loan from Home service in several major cities, including Bangalore, Mumbai, Kolkata, Cochin, Trivandrum, Delhi-NCR, Bhubaneswar, Chandigarh, Pune, Jaipur, Indore, and Ahmedabad. But stay tuned because we are expanding our reach, and Gold Loan from Home will soon be available in more cities across India.

Muthoot FinCorp ONE's Gold Loan from Home is a game-changer. It offers unmatched convenience, fast processing times, and the security of your precious gold. So, if you're in need of funds, why not unlock the value of your gold from the comfort of your home?

About Muthoot FinCorp ONE

Muthoot FinCorp ONE is an all-in-one digital financial platform that makes getting an MSME & a Gold Loan, investing in Digital gold & NCDs, making payments & remittances, buying insurance & exchanging forex, simple and convenient.

As an SBU of Muthoot FinCorp Limited, Muthoot FinCorp ONE is backed by a legacy stretching back over 135 years, and the trust of more than 1 crore customers and is building a holistic financial ecosystem using the latest digital products for lending, investing, protection and payments.

Muthoot FinCorp ONE continues to uphold the values of the parent, the Muthoot Pappachan Group (Muthoot Blue) by providing its customers with easily accessible services, replete with unmistakable quality. The Muthoot Pappachan Group is among India’s most reputed names in the financial services industry, with customers in diverse segments like Automotive industry, Financial Services, Hospitality, Alternate Energy, Real Estate, and Precious Metals.

So what are you waiting for? Head to the Play Store and download the Muthoot FinCorp ONE app. You can also visit the website today to know more.

Alternatively, you can also follow us on Facebook, Instagram, Twitter or LinkedIn to stay tuned to our latest offerings.

Chat on Whatsapp | Branch Locator | Email us - customercare@muthoot.com | Download App

[urbanskylinephase2]

Tips for first-time buyers of 3 BHK flats in Ravet at Urban Skyline Phase 2

Buying your first 3 BHK flat in Ravet at Urban Skyline Phase 2 is an exciting milestone in your life. It's a significant investment and a place where you'll create memories. However, this process can be daunting, especially if you are new to the real estate market. To help you make an informed decision, we've compiled a comprehensive guide with essential tips and points to consider.

Examining Accessibility

One of the key factors in choosing a 3 BHK flat for sale  in Ravet is its accessibility. Consider proximity to major roads, highways, and public transportation for a hassle-free commute.

Proximity to Essential Services

Ensure that your new home is conveniently located near hospitals, schools, markets, and other essential services. Easy access to these amenities will make your daily life more convenient.

Assessing Floor Plans

Carefully examine the floor plans of the flats available. Ensure they meet your family's needs in terms of space and functionality.

Storage Considerations

Check for sufficient storage options within the flat, such as closets, cabinets, and storage rooms.

Researching Developers

Look into the reputation of the builder or developer. A trusted developer is more likely to deliver on their promises.

Checking Previous Projects

Inspect the developer's previous projects to gauge their quality and commitment to deadlines.

Community Facilities

Evaluate the amenities offered within the residential complex, such as swimming pools, gyms, and parks.

Recreational Spaces

Consider nearby recreational facilities, like parks, sports centers, or entertainment venues, for leisure activities.

Hidden Costs

Factor in hidden costs like maintenance fees, property taxes, and utility bills when setting your budget.

Loan Options

Explore various loan options to ensure you get the best interest rates and repayment terms.

Document Verification

Thoroughly verify all legal documents related to the property to avoid any future disputes.

Infrastructure Development

Research ongoing and upcoming infrastructure developments in the area, as they can affect property values.

Property Appreciation

Study the historical property appreciation rates in Ravet to make an informed investment.

Analyzing Historical Trends

Understand how the resale value of properties in Ravet has evolved over the years.

Market Predictions

Consult real estate experts for market predictions to gauge the future resale potential.

Social Compatibility

Get to know your potential neighbors and assess the social compatibility of the community.

Safety and Security

Prioritize safety by researching crime rates and security measures in the area.

Green Spaces

Check if there are nearby green spaces or parks for a healthier and more sustainable lifestyle.

Energy Efficiency

Consider properties with energy-efficient features to save on utility bills.

Personal Touch

Determine if the property allows for interior customization to reflect your personal style.

Maintenance Considerations

Assess the ease of maintenance for the flat and its fixtures.

Real Estate Agents

Consult experienced real estate agents for valuable insights into the local property market.

Additional Perks

Don't forget to negotiate for additional perks or modifications to the property.

EMI Calculations

Calculate your Equated Monthly Installments (EMIs) carefully to ensure they fit your budget.

Emergency Fund

For unexpected emergency set aside an emergency fund.

Future Plans

Consider your long-term goals and how this property aligns with them.

Conclusion

Buying a 3 BHK flat in Ravet at Urban Skyline Phase 2 is a significant milestone in your life. By following these tips and considering all aspects of the purchase process, you can make an informed decision.  Urban Skyline Phase 2, developed by Urban Space Creators, stands as an impressive testament to modern architecture in Pune. This soaring skyscraper, currently under construction, is set to become one of the tallest buildings in the city, boasting a remarkable 40 floors. What sets this project apart is its dedication to providing not just luxury but also thoughtful amenities. From state-of-the-art medical facilities to eco-friendly features, Urban Skyline Phase 2 prioritizes the well-being of its residents.

Embracing green and sustainable practices, the project incorporates environmentally friendly elements, making it an eco-conscious choice for urban living. Its strategic location near the Mumbai-Pune Expressway ensures excellent connectivity to both cities, making daily commutes hassle-free. Furthermore, the project's proximity to reputed schools, colleges, and hospitals ensures that residents have easy access to essential services and educational institutions, making it an ideal choice for modern urban living. Urban Skyline Phase 2 represents a harmonious blend of luxury, sustainability, and convenience, making it a promising addition to Pune's skyline.

[malpaniestates-blog]

House hunting is exciting, exhausting, and a little scary. The aim, almost always, is to find a home you love that falls within your budget. Many first time homebuyers, however, take steps that push them farther away from this dream. When looking for properties from the top real estate developers in Pune or elsewhere is to be armed with the right strategies and tips. Here is a list of five tips that will help you avoid making costly mistakes:

1. Know What You Can Afford

What you want and what you can afford may not always be the same. Therefore, before you start looking for a house, it’s best to have a budget. List out your monthly income, expenses, vehicle costs, loans payments, credit card payments, insurance, and so on. Subtract these figures from your total income, and you’ll have the amount you can spend on your home each month. 

2. Look For The Right House

When looking for a house stick to properties that fall within your financial neighbourhood. Looking for a home outside your price range can be dangerous because it could lead you to stretch your budget beyond what you can afford or can cause you to feel unsatisfied with what you can easily afford. 

3. Don’t Be Too Picky 

First-time homebuyers usually have a long wishlist; however, it’s essential that you allow for some flexibility in your list. You may have to compromise on certain aspects because of budget constraints. For instance, you may have to live on a busy street, forgo the extra bedroom, and maybe even skip out on certain amenities. If you are looking to be a homeowner right away, you may have to let certain desires go.

4. Don’t Cave on Important Things

In addition to the point above, you will need to make a list of things you cannot compromise on. For instance, don’t settle for a 1 BHK if you know you are going to have a baby and need two rooms. It’s important to make compromises when buying your first home, but don’t make compromises that will turn into burdens later. 

5. Think About The Future 

Predicting the future of a neighbourhood is impossible, but it’s essential to choose a location that will see growth in the future. A good locality ensures that your property rates also grow year on year. If you decide to move to another house a few years down the line, your current property should bring in significant monetary value. Therefore, take note of the information that is available to you so that you avoid any unpleasant surprises down the road. 

All in all, buying a first house is stressful and even overwhelming. However, if you can avoid common pitfalls, you can protect yourself from losing large sums of money.

[boardwalkindia]

Real Estate Market Growth Post Pandemic

The pandemic had a significant negative impact on India's real estate growth and construction industries. Surprisingly, every other sector of the global economy also didn't do well. The construction and real estate sectors have recovered more quickly than most.

According to research on 99 Acres.com, India's real estate growth has lost close to INR 1 billion since the pandemic began. The building industry and many real estate developers were experiencing a financial crisis.

Due to factors like loan availability, residential sales in India's top seven cities dropped from 4 lakh units in 2019–20 to 2.8 lakh units in 2020–21. Residential demand and the whole construction industry and real estate growth both experienced more than 40% declines in the first half of FY21.

Slowly but surely, the real estate growth is happening again. Not that COVID-19 is no longer present or that the world is free from its influence. The industry, on the other hand, has learned from the first and second waves and is now better prepared to combat the virus while continuing to run regular business.

One of the most important signs of the country's real estate recovery and real estate growth is housing sales, which have surged by 71% in India and are now 90% higher than pre-COVID-19 2019 levels. A Money Life.in article claims that the Mumbai Metropolitan Region (MMR) won this competition by selling a sizable 76,400 units.

Hyderabad saw a significant 197 percent growth in sales from 8,560 units in 2020 to 25,410 units in 2021. Pune has additionally proven to be a formidable rival, with sales increasing by 53% from 23,460 units in 2020 to 35,980 units in 2021.

But why did real estate growth rise during or after the pandemic that caused almost every company and person on the planet to experience a financial crisis? Let's look at a few reasons why the real estate growth and the building business is on the upswing.

Five Factors Contributing to the Post-Pandemic Real Estate Growth in India's Real Estate Sector:

1. Stamp Duty Reduction

When the real estate growth market was at its peak in 2020, Maharashtra's residential sales were able to survive the pandemic wave that attacked it. We appreciate the state government for cutting the stamp duty from 5% to 2% and supporting the state's ailing construction sector and real estate growth.

The drop in percentage provided a great lot of relief to many statewide buyers who were on the fence and had to cope with extra concerns like EMIs, registration fees, etc. Costs dropped by 3% as a result, and customers flocked to developers and the building industry to make reservations for homes and use of the service. It increased sales but also helped the industry maintain a certain level of sales.

2. Reduced Loan Interest

This is one more factor that, together with the nation's real estate growth, kept the building and real estate sectors alive. The RBI decreased the repo rate to 4%. Bank interest rates thus dropped to as low as 7% and occasionally even lower. The majority of banks today give interest rates on home loans below 7%, such as 6.5%, 6.9%, etc., depending on the applicants and their applications, as you can see if you quickly compare the rates offered by other banks.

The current interest rate is viewed as a 15-year low for India's residential real estate growth and building sector. It encouraged many people to apply for home loans for those who wanted to own their homes and seek returns on their investments, helped increase sales for many developers, and aided in the real estate growth of the real estate market.

3. Customized Offers from Developers

Builders and the construction industry, which was the target of government and bank efforts to revive India's real estate growth, were equally active in their struggle for survival. Many builders in major cities like Pune, Mumbai, Bangalore, Hyderabad, Chennai, and Delhi created unique payment schemes like 20:80, waivers of registration fees, GST, stamp duty; cash back incentives, etc. to sell their apartments. A significant amount of stock was successfully sold by many.

4. Stronger Emergence of the Best Market Players

The pandemic also led mergers in the real estate industry and a rise in real estate growth and property values. So far, only the best and most completely professional builders in solid financial position have been able to survive the difficult times. Prospects were introduced to employees who were really dedicated. They got top-notch housing alternatives and top-notch customer service. The strongest rise to prominence of the best and top market participants within the sector helped real estate sales somewhat.

5. The Need to Invest in Something Substantial

The construction industry, which fuels the rise of the real estate growth, is one of the few sectors that experiences steady but significant appreciation each year.

According to a Deloitte report that was mentioned in a Business Standard article, India's construction industry growth and real estate growth are on the verge of some profitable days. Having something physical nearby has also helped the real estate market expand and the real estate growth recovery. This is particularly valid when addressing unknowns like COVID-19.

Although the future will always be uncertain, current trends and projections are encouraging and hopeful about the real estate growth in the years to come. Due to these factors, India's real estate and construction industry, and more specifically the real estate growth industry, is among the best places to invest.

Source Link: https://boardwalkindia.com/real-estate-market-growth-post-pandemic/

[petnews2day]

Bank of Maharashtra slashes home loan rate to 8% as part of festive offer

New Post has been published on https://petn.ws/id7N

Bank of Maharashtra slashes home loan rate to 8% as part of festive offer

State-owned Bank of Maharashtra (BoM) on Sunday announced a cut in interest rate on home loans to 8 per cent as part of its festive offer. The bank currently offers home loans starting at 8.3 per cent. The rate varies depending on the borrower’s credit score. The Pune-based lender has also […]

See full article at https://petn.ws/id7N #PetFinancialNews

[punepropertyservice]

SBI Home Loans, Pune Property Service, punepropertyservice@gmail.com, +917020787851

SBI Home Loans, Pune Property Service, punepropertyservice@gmail.com, +917020787851

https://sites.google.com/view/sbi-home-loans-agency/home

About SBI: SBI Home Loans is the largest Mortgage Lender in India, which has helped over 30 lakh families to achieve the dream of owning a home. Our Values Trust Transparency Integrity Excellence Value to Customers Wide Product Range Interest Calculation on Daily Reducing Balance Overdraft Facility available Low Interest Rates Low Processing Fees No Hidden Costs No Pre-payment penalty Our Presence 24,000+ branches 1600+ member strong dedicated Sales Team Recognitions Winner of the “Best Home Loan Provider “at the CNBZ Awaaz Real Estate Awards 2016

https://sites.google.com/view/sbi-home-loans-agency/home

OUR Features & Benefits: Packages of exclusive benefits Low Interest rates. Interest calculation on a daily reducing balance. Home loan also available as an overdraft. Optimally utilize your surplus funds. Low Processing charges. No hidden costs. No Prepayment penalties. Reduce your interest burden by prepaying the loan

https://sites.google.com/view/sbi-home-loans-agency/home

SBI Home Loans offers a one stop solution to a home buyer. You can browse through our range of home loan products, check your eligibility and apply online!

Get CIBIL SBI Home Loans offers a one stop solution to a home buyer. EMI Calculators SBI has personalised offers on home loans. Calculate the EMI's Contact us using our toll-free number for all your queries Our Products SBI Home Loans come to you on the solid foundation of trust Home Loans Interest Rates (Current) - Interest Rates · Home Loan Card Interest Rates · Start. SBI Home Loan: Interest Rates @ 8.55%, EMI Calculator 2022.

https://sites.google.com/view/sbi-home-loans-agency/home

SBI Regular Home Loan. Interest rate: 8.55% p.a. onwards; Processing fee: 0.35% of the loan amount (min. Rs.2,000; max. Rs.10,000) ; SBI Flexipay Home Loan. Loan Amount: Based on eligibility Rate Packages Available: Floating Interest Rate: 8.55% p.a. – 12.35% p.a Processing Fees: 0.35% - 1% of loan amount.

https://sites.google.com/view/sbi-home-loans-agency/home

SBI Home Loan - Interest Rates 2022, Apply Online @8.55%. The home loan interest rates offered by SBI start from @ 8.55% p.a. onwards for tenures up to 30 years and for loan amounts up to 90% of Property Value.

Loan Amount: Up to 90% of property value Interest Rate: 8.55% – 9.95% p.a Loan Tenure: Up to 30 years Processing Charges: 0.35% of loan amount. SBI Home Loan Interest Rate starts from 6.70%. · Nil Processing Fee ( Limited Period Offer) · Loan Tenure of Home Loan ranges from 5 years to 30 years. · SBI. SBI Home Loan @ 8.05% - Apply Online & Get Rewards. SBI Home Loan Interest Rate starts from 8.55%. · Nil Processing Fee ( Limited Period Offer) · Loan Tenure of Home Loan ranges from 5 years to 30 years. · SBI. SBI loan interest rates,

https://sites.google.com/view/sbi-home-loans-agency/home

Home Loan Top Up (Term Loan): 8.55% – 9.50 % Bridge Home Loan: 1st Year: 9.50%; 2nd Year: Home Loan Top Up (Overdraft): 8.55% – 8.65% Reverse Mortgage Loan: For General Public: 9.50%

https://sites.google.com/view/sbi-home-loans-agency/home

SBI Home Loans, Pune Property Service, punepropertyservice@gmail.com, +917020787851

https://sites.google.com/view/sbi-home-loans-agency/home #sbi #sbiloan #sbihomeloans #sbihomeloanagency #sbihomeloanpune #sbipune #sbihomeloanspunecontact #homeloans #plotloans #topuploans #pune #loanagainstproperty #houserenovationloans #punenewprojects #indiarealty #pune #inr #commercialpropertyloan #dsa #loanprovider #loanconsultant #laonagency #loanagent #punepropertyfinance #financialconsultant #propertfinanceconsulatnt #punepropertyservice #punepropertyloan #punerealty #punebuildersanddevelopers #punerealestate #puneboker #punerealestateconsulatnt #india #2bhkflatinpune #3bhkflatinpune #4bhkflatinpune #puneofficespaceforsale #puneshopforsale.#puneplorforsale #punecommercialpoltforsale #bungalowfoesaleinpune #realtypune

[mevolve2022]

Payments won't be due until you take ownership.

Currently, the most popular selling point for Pimpri Chinchwad's residential buildings is the absence of monthly installments till ownership. Nonetheless, many may not realize that in this scenario, the cost of the property increases in the long run as you pay the interest for these three years. Another option is to include pre-occupation interest in the asking price of the apartment.

At its future project in Pune, Life Canvas, Mamurdi, PCMC, the Vighnaharta company is introducing an unprecedented deal. To understand this agreement, let's look at the 1BHK scenario.

Mevolve's goal is to create workspaces that are both aesthetically beautiful and functional. As a result of our many years in the industry, we know exactly what it takes to create an environment where employees can work together effectively. Not limited to, but also comprising sales training, sales consultancy, and workshop facilitation, we provide a comprehensive menu of commercial services. Together with our seasoned team, you'll be able to zero in on rapid, low-hanging solutions.

Mevolve may help your business achieve its goals, whether those goals are to increase sales or to create a more collaborative workplace. Feel free to get in touch with us at any time if you have any inquiries about our services or would want to discuss how we can help you accomplish your goals.

Mevolve Sales Consulting Companies is staffed by professionals who are well-versed in both commercial interior design and sales. Mevolve is more than just a store; they also provide architectural services. Our extensive list of offerings includes sales coaching, interior design, project management, and much more. Each member of our team has undergone rigorous training and is dedicated to exceeding your expectations. All of our customers are treated as unique individuals by our business. Seeking a reliable business partner to assist in expanding your operations? Please don't be shy about getting in touch with us. Feel free to get in touch with us to discuss your requirements and receive our assistance. Our in-house interior designers are here to help with any redesign needs you may have.

Reduced overall market price

Sale prices for apartments at Life Canvas are Rs. 300/sq.ft. lower than the current market rate. Consider that a comparable apartment in the area might cost you Rs. 4000/sq.ft., but that you can purchase this one for only Rs. Saving money in this way is a nice bonus. The price of a 1 BHK apartment in PCMC has dropped by eight lakh rupees, making it available to more people.

Paying nothing upfront

At the brand-new Life Canvas, Mamurdi, development, there is no initial investment required. The days of needing a small fortune to secure a reservation for a flat in Pune are over. In its place, you'll simply have to shell out Rs. 20,000 every month for the next three years, the duration of the building. For approximately Rs.7,20,000/-, you can purchase a 1BHK apartment with a carpeted space of 516 square feet within the PCMC confines.

No Payments are Due Prior to Delivery

From the time you take out the loan and until the property is transferred as agreed, the Vighnaharta group will pay the interest on the borrowed funds. For those three years, you won't have to worry about paying any mortgage interest.

Prudent Budgeting

After three years, the value of the home you bought at the lowest possible price will have increased without fail. If you bought the condo as an investment, you should already be ahead. The monthly payment of your EMI won't be a problem if this is your first property and you've been renting up until now. When you buy a condo, your EMI payments will typically begin next month. Therefore, you are obligated to pay both rent and EMI. The Life Canvas deal, fortunately, may be tailored to the needs of the purchaser. Possession is required before EMI may begin.

Wrap-up

You are already getting a great deal on the apartment because of the factors mentioned above. The fact that there is no required down payment is a bonus. Furthermore, there are no EMIs due until you take possession, thus reducing the financial burden of the purchase.

Unique in nature, this deal won't last long. Get the discount while you can!

[nayaaproperty]

Top 10 Mistakes to Avoid When Buying New Property in Pune

1. Not Researching the Market Thoroughly

One of the biggest mistakes buyers make is not conducting enough research. Understanding new projects in Baner Pune, current market trends, and price fluctuations is crucial. Compare different developers, project amenities, and future growth prospects before making a decision.

2. Ignoring the Developer’s Reputation

Not all real estate developers deliver on their promises. Always check the developer’s history, previous projects, and customer reviews. Investing in properties in Baner Pune developed by reputed builders ensures quality construction and timely possession.

3. Overlooking Legal Clearances

Before purchasing a property, verify all legal documents, including RERA registration, title deed, and approvals from local authorities. Nayaa Property helps buyers ensure their investment is legally sound, avoiding potential legal troubles later.

4. Not Checking Project Amenities and Specifications

Many buyers focus only on the price and location but overlook project amenities and construction quality. Modern new projects in Baner Pune offer amenities like swimming pools, gyms, and security systems, enhancing your lifestyle and property value.

5. Ignoring Future Development Plans

6. Not Evaluating Connectivity and Accessibility

While Baner has excellent connectivity, some areas may still lack proper road networks or public transport access. Ensure that the property you choose is well-connected to key locations like Hinjewadi IT Park, schools, hospitals, and shopping centers.

7. Not Assessing Property Resale and Rental Value

Even if you’re buying for personal use, considering the resale or rental value of a property is essential. Properties in well-developed areas of Baner tend to have higher appreciation and rental demand.

8. Overstretching Your Budget

Many buyers get tempted by premium new projects in Baner Pune and exceed their budget. Factor in additional costs such as maintenance charges, registration fees, and property taxes to avoid financial strain.

9. Not Checking Loan and Financing Options

Financing plays a crucial role in property purchases. Research home loan interest rates, eligibility criteria, and available financing options. Nayaa Property can assist you in securing the best home loan deals.

10. Rushing the Decision

Buying property is a significant investment, and rushing the decision can lead to costly mistakes. Take your time to evaluate all factors, visit multiple properties, and consult experts before finalizing your purchase.

Conclusion

Investing in new projects in Baner Pune can be a rewarding decision when done wisely. By avoiding these common mistakes, you can ensure a smooth and profitable property purchase. Nayaa Property is here to guide you at every step, from property selection to legal verification and financing. Start your home-buying journey with confidence and find the best properties in Baner Pune today!

[rahul0803]

Is It a Good Time to Invest in Residential plots in Pune?

The real estate industry, including residential plots in Pune, has always been in high demand. It is always considered the best city for plot investment as these properties provide value for money. Moreover, Pune has a great deal of public infrastructure and conveyance facilities throughout the city.

Considering the points mentioned above, it’s evident that this is the perfect time for you to invest in a villa, gated community, or residential plots in Pune. 

source

How Will the Current Investment in Pune Property Profit You? 

The Pune market is gaining weight at an increasing rate. The plots in Pune are being sold out to investors who are likely to utilize them for commercial or residential purposes. Considering the gradual rise of rentals in Pune, it is safe to assume that investors will get sizeable returns from their property. Also, the capability of homebuyers has increased for investing in bungalow plots in Pune. Some other advantages for investment here are:

The current repo rate of 4% by RBI is at its lowest compared to the last five years. Consequently, banks have decreased their home loan interest rates. Homebuyers are now capable of grabbing loans between 6.85%- 9.85% interest rates. So, you can easily buy residential plots in Pune for commercial as well as personal use. 

Home loan repayment for homebuyers qualifies for tax deductions. The interest paid up to INR 2, 00, 000 per year is competent for tax deductions under Income Tax Act 1961. Up to INR 1, 50, 000 is deductible against principal repayment under Section 80C. Therefore, it will be wise to invest in residential N/A plots in Pune. 

The GST has been reduced to 1% for under-construction projects. But investing in the already constructed property will still cost you 5% GST. So, take up the plots for sale in Hinjewadi or Pune as soon as possible. 

source

Have Property Tariffs in Pune Surged in 2021? 

The average market price in Pune is showing an increase. It rose because of new project launches in central locations and not for any change in the market value. The safeguarded gated community residential plots for sale in Pune are newly developed ones with multiple benefits. Anyway, home affordability is undoubtedly suited to your purpose, making it the best time for buying villas in Hinjewadi Pune and land for investment in Pune. 

Act Before It Is Too Late!

If you’re interested in investing in residential plots in Pune, this is the correct period. The current repo rates, GST, tax deductions, etc., make the time more lucrative for you to invest. 46 Banyan Tree is delivering value-for-money deals in villa plots and gated plots in Pune. Without wasting a single moment, give yourself a chance to discover the utopia of happiness on Earth. 

[urbanskylineseo]

4 Home-Buying Trends To Watch Out For In 2022

Pandemic ignited the home-buying frenzy due to changing work dynamics, reduced Repo Rates by RBI, and reduced stamp duty and registration fee. In addition, young buyers pursue their first home due to new opportunities and historically low home loan interest. According to a survey, it has been predicted that the Real estate sector will witness a whirlwind growth in 2022. The market will be fast-paced and competitive, as builders and developers will ramp up production. Suburbs regions will continue to attract oversized attention as these regions offer lower prices per square feet to new home buyers. In addition, natural calamities, pandemics, shifting of workplace made people own a home rather than renting a space. Also, various incentives implemented by the Government prompted interested in the prospective buyers.

An uptick in the sale of luxury residential properties:

In 2021, the sale of luxury residential properties took center stage in the property market. By 2022, the same trend will continue as the pandemic-related curbs, a hybrid working model pushing the demand for multi-functional homes. In addition, favorable interest rates are expected to uptick the sales of multi-functional homes.

Affordable housing scheme:

The Government’s affordable housing schemes will keep the real estate sector afloat in 2022. The Government has turned its attention to affordable housing as one in five people suffers from inadequate housing . Pandemic also played a significant role in fuelling the demand for affordable homes. Before the pandemic, a considerable chunk of the population lived in rented houses.  Due to the pandemic curbs, the current hybrid work model inspired this vast chunk of people to buy a home of their own.

Pradhan Mantri Awas Yojana:

Better known as PMAY, launched in 2015, it aims to provide affordable housing for the urban poor. Under this scheme  home loans are  subsidized  to those applying for home loans. Affordable Rental Housing Complexes (ARHC), a part of PMAY- U catering to migrants living in urban areas, and  PMAY-G will cover rural areas schemes , will further keep the real estate sector afloat in 2022.

The residential market will remain the frontrunner:

Residential property sales will gain momentum due to continued buyers’ preferences for bigger homes, better amenities, and attractive pricing. Developers  like Urban Space Creators,  are launching projects that fulfill the needs and requirements of millennial buyers. The developers’ latest addition is Urban Skyline Phase 2 in Ravet. Crowned as the tallest residential tower in Pune, the project has 40 floors and 70 plus modern amenities. With an awe-inspiring height, the project offers a stunning view of the city along with comforts, conveniences, and connectivity.

Conclusion:

If you think this is the right time to buy a property considering lower home loans, reduced stamp duty, and registration fee, then explore homes in Ravet. Check out this premium project Urban Skyline which aims to edge ahead with state-of-the-art amenities and luxury features. The project is well-connected to major city landmarks through major arterial roads. Mumbai- Pune Expressway is close to this project, giving the privilege of smooth commuting to other districts of the city and neighboring states.

[its-kk-me]

5 ways Arvind Smartspaces is ready for you this Diwali 2021

The festive season is believed to bring good luck and prosperity to life. And paying for things like automobiles, electronics, and homes during this time are considered auspicious presuming them to last long and procure superfluity. The period from October to December, that is, Navratras to New Year, is facilitated for the real estate sector as it directs a new domain to the realm. Various deals and discounts are proposed by real estate developers to tempt consumers. Also, the post covid times have confined people to homes that have boosted the demand for modern tech homes propelling the market to surge. And this Diwali, it strives to thrive more with conducive options for buyers to invest in such as:

Low home loan rates

Earlier, the residential property prices have been static over the 5-6years. But the current situation has altered home loan rates to be at an all-time low, conducive for home buyers. Additionally, RBI has also declared a reduction in the REPO rate which makes home loans even less expensive. This decrease in home loan interest rates and repo rates has elicited people to invest in 2 bhk in Pune, apartments in Yelahanka, etc. 

Stable property prices

Another reason for buying one's dream home in recent times is the availability of housing units at stable property prices. Before, the property market used to be overheated with higher valuations, declined Loan To Value ratio (LTV), and unfavorable interest rates. But now, the case is different. The property market is more favorable for buyers with higher LTVs, lower valuation, and cheaper credit availability. 

Lucrative Festive Offers

With the home buying sentiment warming up, top developers in Bangalore and top builders in ahmedabad are leaving no stone unturned in enticing potential buyers by prepping apartment in Yelahanka, Pune, and Ahmedabad with heavy discounts, freebies, and convenient pre-payment plans. Composite sweetened deals such as complimentary car parking, lift system, and other comforts are also proposed by builders to lure homebuyers.

Ample Space 

The well-managed open spaces are not only beautiful but also provide the residents with a safe and secure environment for spending their time, both individually and in groups. During the festive season like Diwali, you can celebrate it together and host cultural events which in turn, bring joy and enriches relations among people of all ages.

Arvind Smartspaces sprawling across acres of lush green land offers an astounding cantilevered club with double heighted lounge at the top two floors catering to open views from the three sides showcasing a perfect panoramic scene of the city skyline. 

Exclusive Amenities 

During the festive holidays, rejoice at the Arvind Smartspaces enjoying exclusive amenities like restaurant & cafe, indoor games, spa, dance, and aerobic studio, barbeque deck, library, gym, etc. with your friends and family. Moreover, you can keep yourself fit and healthy by basking at the jogging track, kids play area, and gazebo especially in the morning relishing in a pleasant atmosphere.  

Therefore, this festival has trajected splendidly with the real estate sector witnessing a boom. And Diwali 2021 will undoubtedly be a pleasant and lucrative one for the realm. Potential buyers who could not make home-buying decisions due to the lockdown now have the rosy opportunity to conclude the deal before Diwali with Arvind Smartspaces.  

[seedfinance]

Apply for an online home loan from Bajaj Housing Finance Limited and get an Amazon gift voucher free – ThePrint

Text size: A- A +

Pune (Maharashtra) [India]Jul 17 (ANI / NewsVoir): Bajaj Housing Finance Limited (BHFL), a wholly-owned subsidiary of Bajaj Finance Limited, is offering Amazon gift cards worth up to Rs 10,000 to customers applying for a home loan through their website.

This limited offer is valid until July 22, 2021 and applies to all new customers who apply for a home loan on the BHFL website. Customers can get coupons by simply completing the home loan application form on the BHFL website.

Via the exclusive Amazon gift voucher for customers who apply for an online home loan

To qualify to receive Amazon Gift Certificates, customers must complete the loan application form online on the BHFL website. Additionally, applicants must meet the following two conditions in order to qualify.

* You must apply between June 21, 2021 and July 22, 2021

* The home loan must be paid off by August 30, 2021

Loan applicants who borrow up to Rs 50 lakh will receive an Amazon gift certificate worth Rs 5,000, while those who opt for a penalty greater than Rs 50 lakh will receive a voucher worth Rs 10,000.

Reasons for Applying for a Home Loan with Bajaj Housing Finance Limited (BHFL)

Bajaj Housing Finance Limited offers high quality loans at attractive rates with several borrower-friendly features and serves as a one-stop solution for all home finance needs. The lender offers a competitive home loan interest rate starting at 6.75 percent, so borrowers can get their dream home cheaply.

The Bajaj Housing Finance Home Loan offers value-added features such as easy online account management and hassle-free loan processing. In addition, a simple application process and the ability to collect documents on site make the ideal offer for financing your home.

Applicants only need to meet basic admission requirements and provide minimal documentation to apply. With digital processes, customers can take advantage of the online home loan and receive a digital sanction letter within a few minutes of applying. The letter is valid for six months, which makes it easier for the homebuyer to lock the property of his choice.

In addition, borrowers can also easily transfer existing loans from their current lenders to Bajaj Housing Finance Limited and receive a high quality top-up loan. The key advantage here is that the top-up loan is free from end-use restrictions. Applicants can use the amount to finance large expenses such as a renovation or even a vacation.

The Bajaj Housing Finance Home Loan offers value-added features such as easy online account management and hassle-free loan processing. In addition, a simple application process and the ability to collect documents on site make it the ideal option for financing your home.

Applicants only need to meet basic admission requirements and provide minimal documentation to apply. With digital processes, customers can take advantage of the online home loan and receive a digital sanction letter within a few minutes of applying. The letter is valid for six months, which makes it easier for the homebuyer to lock the property of his choice.

In addition, borrowers can also easily transfer existing loans from their current lenders to Bajaj Housing Finance Limited and receive a high quality top-up loan. The key advantage here is that the top-up loan is free from end-use restrictions. Applicants can use the amount to finance large expenses such as a renovation or even a vacation.

Bajaj Housing Finance Limited is a wholly owned subsidiary of Bajaj Finance Limited, based in Pune. It offers a range of financial solutions for individuals and businesses to buy residential and commercial real estate. The HFC also offers home loans that help borrowers easily meet their personal and professional financial needs.

To learn more, please visit www.bajajhousingfinance.in.

This story is provided by NewsVoir. ANI assumes no responsibility for the content of this article. (ANI / NewsVoir)

This story is automatically generated from a syndicated feed. ThePrint takes no responsibility for their content.

Subscribe to our channels on YouTube & Telegram

Why news media is in crisis and how to fix it

India needs free, fair, un-hyphenated and questioning journalism even more as it faces multiple crises.

But the news media is in a crisis of its own. There were brutal layoffs and wage cuts. The best of journalism is shrinking and giving way to a crude prime-time spectacle.

ThePrint is made up of the best young reporters, columnists and editors. In order to maintain journalism of this quality, you need smart and thinking people like you to pay for it. Whether you live in India or abroad, you can do it here.

Support our journalism

source https://seedfinance.net/2021/07/17/apply-for-an-online-home-loan-from-bajaj-housing-finance-limited-and-get-an-amazon-gift-voucher-free-theprint/

[boldlythoughtfulthing]

Sukhwani Construction – Rent or Buy a House ?

More than walls, owning a home is an emotional subject and brings social security comfort. For some, it’s an accomplishment and a status symbol. The choice to rent or buy a home is a major decision important for one’s lifestyle as well as financial health. In metros, due to the increasing prices of real estate, have led people to opt for renting rather than buying. The choice between buying and renting is always challenging.

Sukhwani construction, Pune, for 30 years, has a vision with an inherent commitment towards the beautification of surrounding areas and helping in meeting the growing demand for housing in the region.

Below are some of the prominent reasons to own a house :

1.Sense of Belongingness and relief :

Purchasing a house, the family gets their own space in a home. After a long working day with tedious travel and constant stress, returning to your own space brings a sense of security and comfort which is irreplaceable. There is no replacement to ‘home’ where one can be at ease without disturbance.

2.Secureness :

Owning a home stops fear and anxiety caused by the possibility of termination of the lease agreement. So there is no need of renewing the rent agreement and negotiating on rent.

3.No adjustments:

Renting brings adjusting to the situation, whereas buying a home is the ultimate decision after all mandatory requirements met. So no more adjustments.

4.Easy financing :

Nowadays with increasing options of home financing, it’s become easy to get loans with minimal documentation and hassles. So buying a home becomes easy to go for.

5.Tax benefits:

Interest paid on loans has tax rebates which are beneficial for financial planning. Renting is also tax-free up to a certain limit, however, tax benefits for home loans are capped on the higher side.

6.Building asset:

Paying rent is an expense, as it will not contribute to building assets, whereas when you buy a home, though using a home loan, it’s always long-term asset creation. So it’s always good to pay for a Home loan EMI than rent as you yourself building your own asset.

7.Investment option :

In metro cities, investing in a second home is lucrative as it provides regular payback. Also, the value of a home goes on increasing with time & can bring back value in multiples.

Now is the Right Time :

In today’s situation, extras are available to home buyers. So quicker ones get those additionally :

1.Supply is higher: Supply is higher than demand so rates are on the lower side, so getting home is cheaper than earlier.

2.Lowest interest rates: The government is supporting real estate sector by reducing reverse repo rates, which are benefiting customers to get home loans at much Interest rates than earlier. So it’s the right time to go for buying a home.

3.Stimulus packages to buyers: The government is proving stimulus packages to promote first buyers. These are in tandem with home loan interest rates, so provide double benefits to the first buyers.

4.Stability: Unlike stock markets or any commodity buying unpredictable nature in the current scenario, home buying always creates a stable asset and it will not be much affected by the market situation. So it’s really worth investing in buying a home as a long-term asset.

5.Availability at reasonable prices: Currently the new home buying prices are reasonable and lower as compared to earlier days, which makes more sense to quickly make a buying decision of your dream home at a dream location.

Conclusion

Renting or buying is always an emotional but important financial decision for anyone. However looking at long term benefits mentioned above, it’s always imperial to buy a home.

To realize the dream of our all customers, for over the last 30 years, Sukhwani Constructions, delivered many high-quality, beautiful, spacious, and reasonable home projects, which are today stand tall as landmarks of location.

[petnews2day]

Housing Prices Are Rising – Time to Invest? – Punekar News

New Post has been published on https://petnews2day.com/pet-industry-news/pet-financial-news/housing-prices-are-rising-time-to-invest-punekar-news/

Housing Prices Are Rising – Time to Invest? – Punekar News

Pune, 07 November 2022: For a long time, investors had largely steered away from residential real estate as capital appreciation was almost non-existent, and rentals were unattractive. Today, housing prices – which had remained more or less unchanged for several years before the pandemic – have increased. Rental rates are also increasing steadily.

  For many years, the capital appreciation from housing investments rarely went above 3% annually. Can real estate investors now hope for higher returns on housing? Yes, but there are provisos. Read on to understand how and when residential real estate can be a lucrative investment option.

  First of all, housing price growth will be gradual – so, as before, residential property investment remains a game of patience. It is essential to understand that real estate developers cannot indiscriminately increase prices. The market is still very cost-sensitive.

  One of the main reasons why housing prices have started increasing is because developers have no option. Builders will always seek to keep their prices competitive, and the cost of development has experienced massive inflation.

  The process of construction material inflation has been going on for over two years now, but developers initially absorbed the added costs not to disrupt the returning demand. Now, builders face a need to remain viable as businesses. Also, there is good demand for the right kinds of homes, and increasing demand is always a sure precursor for rising prices.

  Is this the right time to invest? – Despite recent marginal increases, prices and home loans are still lower than in a couple of decades. The current price and interest rate advantages will begin to decrease in the next few months, so there is no time like the present to invest and benefit from the lower acquisition cost.

  The lower prices of under-construction properties by reputed developers add another level of potential profitability. But while capital appreciation is a great investment motivator, remember that the price growth we are seeing now is not the same in all housing types. Which gives rise to the next question.

  What to invest in – affordable- mid-range, or luxury? – Not all properties will appreciate. Because of the robust demand for them, prices for mid-range and luxury homes in tier 1, tier 2, and even tier 3 cities will rise steadily. In some locations of the bigger cities, we have already seen a 3-4% price growth for such properties.

  The same cannot be said for affordable housing, which is currently in very low demand in most cities. The prices for affordable housing (generally speaking, homes costing between Rs. 25-50 lakh) will not grow as long as long demand remains low.

  Homes in integrated townships are an excellent choice because townships deliver fully on the lifestyle aspirations currently dominating the housing market. Villas are also in high demand because there is now a massive appetite for independent housing, which began during the pandemic and continues to the present.

  Even if one had not intended to invest a larger sum in housing, it makes sense to leverage the budget with a home loan and go in for a bigger property by a good builder in a good area. The more one invests in size and quality today, the higher will be the ROI. A luxury home purchased in the right location will bring great returns over the next few years.

  What are the best locations to invest in? – One maxim of real estate investment always holds – location matters. Investors should now look beyond the ‘usual suspect’ expensive central areas. Many companies, especially in the IT industry, continue to offer flexible work and even work-from-home options. This means that people can continue living in less expensive but well-connected suburbs and buy larger homes within their budgets.

  What is the most lucrative flat sizes for investment? – In apartment sizes, the best-selling configurations currently include 2, 2.5, 3 and 3.5, and 4BHK sizes, in projects with excellent lifestyle amenities that ensure a good quality lifestyle for residents.

  Ready to move or under construction? – As already mentioned, under-construction projects can be a good bet, but investors should look for at least 40-50% completion of the project and personally verify ongoing construction progress. This precaution can be relaxed to some extent if there is sufficient assurance that the builder can complete the project on time and per specifications.

  Stay away from anonymous developers’ projects, especially if they are under construction. Despite RERA, timely completion of projects remains a challenge for developers with insufficient external funding. Strong builders have enough capital and can often also raise private equity funding.

  About the Author:

Akash Pharande is Managing Director – Pharande Spaces, a leading real estate construction and development firm famous for its township projects in West Pune and beyond. Pharande Promoters & Builders, the flagship company of Pharande Spaces and an ISO 9001-2000 certified company, is a pioneer of townships in West Pune.

Continue Reading