Diago devilla real estate broker at the propfit - Below are the tips for buying property
The most important part of the property search is to identify where you want to have the property, two factors that need to be on the mind are:-
School for children
If these are clear, than you should proceed with shortlisting couple of locations and then shortlist builders.
If you are living in the PCMC part of the city and have office near Hinjewadi area, you can look at Punawala and Ravet. In both the places, the rates are still within the reach of the middle class. It would be around Rs 4500 per sqft. There’s also Bavdhan and Mulshi further ahead but these may be too far away, however there’s huge construction going on in those areas.
If you are towards Pune part of the city, areas still under budget are Dhanori, Lohegaon and Wagholi. There is also Keshavnagar but sq ft rates are Rs 5000 and above. There are areas around Hadapsar also growing quite fast. Areas like Undhri have also been growing at a steady pace and with most schools being based out of that locality. Many people feel being nearer to their child’s school to be a better option.
If you are looking for an investment option, you can choose to buy 2 BHK units at any locality which are within 5–6 km radius of any business or office hubs.
Most of these areas face water problems and depend on tanker water.
Infra is also a issue, many areas are not in PMC or PCMC and maybe under the gram panchayat (PMRDA).
These are again challenges so be well aware before making a decision.
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