HINJEWADI offers property of every budget
Hinjewadi, which is located in the west, is the most active IT hubs of Pune is serving as a workplace for thousands of professionals. It is becoming popular because of its affordable property values and seamless connectivity.
As per the data, this area records maximum demand for properties in the budget of Rs 20-40 lakhs and Rs 40-60 lakhs. The recent value of the property in Hinjewadi range from Rs 4,800-5,900 per sq ft. This means, one can look for an apartment of 1,000 sq ft area within Rs 50-60 lakhs.
The expert says that one can easily purchase residential plots of 1500-2000 sq ft area or 1-BHK apartments of 200-350 sq ft area. Hinjewadi has several properties available currently.
UP TO RS 20 LAKHS
As per the data, the budget range forms 15 per cent of the total supply in the locality. One can purchase residential plots of sizes ranging from 2000-2500 sq ft area or 1 and 2-BHK apartments of area up to 400 sq ft. Properties in this range are provided with facilities like lift, visitor’s parking, power back-up and security.
RS 20-40 LAKHS
One can easily buy 1 and 2-BHK apartments along with a few 3-BHK apartments in this budget. The sizes of the properties range from 500-650 sq ft. Almost 5 out of every 10 homes in this budget, are constructed as 2-BHK units.
An expert says that this area receives the maximum housing demand from the IT professionals working in the locality itself. Lack of infrastructure and well-developed roads, push away the high-end buyers from the area.
Except this, one can buy the residential plots of 3000-5000 sq ft or 2-BHK independent houses of 700-900 sq ft area.
RS 40-60 LAKHS
This budget covers mostly 1, 2 and 3-BHK apartment units along with a few 4-BHK units. The sizes of these units range from 900-1000 sq ft. The range of this budget is the second most demanding and supplied after the Rs 20-40 lakh category. Almost 30 percent of the total housing units in Hinjewadi are available in this budget range.
With various options available in every budget range, It makes Hinjewadi as the ideal choice for buyers with minimum money.
Source: The Times of India
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