Maharashtra, the city of Pune, is one of the best lands in the country for growth and development. The city boasts of its renowned Educational Institutions and IT Hubs, thus making it an excellent place for settlements. But with the rise & fall of the price trends of flats in Pune, proper research before diving into one’s decision is a must.
Based on demographics, individuals, business, professions, find the best property to buy in Pune.
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Top 5 Areas for Buying Flats in Pune
Hinjewadi
This is one of the top locations to live in Pune. It’s popular for its Rajiv Gandhi Infotech Park. The area is exceptionally safe. Property rates stand at a reasonable price of 5686/sq ft.
Bavdhan
This is one of the favourite residential locations to buy a flat in Pune. It has easy access to both Mumbai and Pune with all the necessary requirements for an ideal location. Property rates stand at a price of 6581/sq ft.
Keshav Nagar
It is one of the Best Areas to Buy a Flat in Pune, 2021. It is also included in the List of Best Investment in Pune Flats; it is connected to several IT Parks and has everything that one needs within a short drive’s reach. Property rate stands at a price of 5659/sq ft.
Lohegaon-Wagholi Road
It is known for being a hotspot to buy a new flat in Pune. It is popular for its Airport, Sai Satyam Park, various Temples, Multiplexes, Hotels, ATMs etc. Anyone looking for those few budget flats in Pune can go for it, as property rates stand at 1271/sq ft only.
Pimple Nilakh
One of the ideal locations to buy a flat in Pune, it enjoys all the advantages of a great location. It is ruled by many IT hub companies surrounding it. The property rate stands at 7604/sq ft.
Price Trends in Pune Flats
Ever since the establishment of several IT Parks in the city, Pune has seen nothing but advancement, but there have been setbacks to the immense popularity of its exact same facilities; the city has seen several rises and falls of the Market.
The cost of buying a flat in Pune can stand at an average amount of Rs 6573/sq ft or higher, depending on the current market status and on the preferred house configurations. The most popular configuration of a flat is 2BHK and 3BHK flats. An increase in the current price might lead to tensions in both buyers and sellers’ relationship as an average person looks for all the benefits of a good location when they choose to buy a flat in Pune or in any other city.
Buying a home is a requirement in anyone’s life but choosing the best for yourself in a new city can be tedious. Any regrets, later on, may cost extra time as well as money. Look for Pune flats for sale or budget-friendly locations and choose wisely.