New projects ranges from Rs 20 to 40 lakh
Are you planning to purchase a home in Pune? Are you interested on purchasing in a new project but within range of Rs 20-40 lakhs? If yes, then this is best time. There are number of new projects coming up in different parts of Pune. While some of these have already been delivered in the last few months of 2013, and the remaining will be delivered within 2-3 years.
As per the data Wagholi is first on the list with the maximum number of new projects lined up for delivery. There are 70 new projects in the pipeline in the locality. Out of these 50 percent have already delivered in the last few months of 2013 and nearly 25 percent would be delivered in 2014 and remaining will be delivered by 2015-16.
These projects offered a big range of budget and there is no shortage of options to choose from as far as configurations is concerned. Nearly all of these projects offer 1, 2 and 3-BHK apartments in the budget range of Rs 20-40 lakhs.
Another area that has number of recently delivered projects is Hadapsar. Mr. Ravi Das of Welworth Properties says that strategically located along the NH-9 and just 6-kms from the city centre. Hadapsar has become a first choice on the back of IT developments.
Projects that have already been delivered in 2013, mainly offers1 and 2-BHK apartments but some of them offers 3 and 4-BHK units as well. The mini configurations are available for Rs 25-35 lakhs approximately, while 3 and 4-BHK units cost Rs 40-70 lakhs.
Both Wagholi and Hadapsar completes the housing demand in east Pune, those looking for the latest project in the west can try Hinjewadi. The area also has several new residential projects. Hinjewadi offers more of plotted development and these are range from Rs 12-25 lakhs.
Mr. Vishal Kanherkar from Bavdhan Properties says that the cost for plots in neighbouring locations such as Baner and Wakad has increased. These were most reasonable residential options near Hinjewadi.
Apartments are available in the budget range of Rs 25-65 lakhs approximately ion this area. If you have no problem in moving a little farther away from the city then Alandi situated along the end of northern Pune is one of the most potential choices.
The area rushes with real estate activity and has many housing projects lined up for delivery in 2014-15. These mainly offers 1 BHK units within a price bracket of Rs 20-25 lakhs while 2-BHK units command a price tag of Rs 30-40 lakhs approximately.
Source: The Times of India
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