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How To Get Maximum Profit In Real Estate In Pune

By Author: Vinay Kumar
Total Articles: 128

Before investing in flats in Pune evaluate each project on its merit. Research what are the ongoing rate of the area in real estate in Pune. Buying using tools available on various property sites gauge the price trends and understand how much appreciation will the property at Pune offer you. Just because you know the builder don’t have blind faith on the developer because at the end, it`s an huge investment decision like no other.

If one is considering to invest in property in Pune - Wagholi, Dhanori are excellent locations to invest if one is looking for mid income housing in real estate in Pune. If one is looking at luxury or higher end options areas such as Magarpatta-Amanora belt, Baner, and Kharadi are good options. Koregaon Park area is also witnessing alot of new flats in Pune but the most of the options are all in range of 1.5+ crore bracket.

But if one is looking to buy a property at Pune which will fetch best return on investment or better rate of Appreciation as compared to others areas like Ravet, Hinjewadi, Wakad and Dehu Road are good localities as prices of property in Pune in these area are still relatively lower than other close-by areas.

Real estate in Pune is an investor driven sector so one should do the groundwork before planning to put his hard earned money for buying flats in Pune. The future prospect of property in Pune looks bright. The cost of living in the cultural capital of Maharastra is substantially lower when compared with Mumbai. The Maharastrian city is the home ground for good education and there is an abundance of talent pool. As the IT and ITES sector has made the Pune its hub, the real estate sector has become ripe for sustainable positive growth.

Apart from choosing the right the property and proper research it is also important to carefullly consider some other points to extract the maximum profit out of a real estate investment. First one should hold a property after investment for minimum 3 years so that it qualifies as long term investment gains, otherwise one will be taxed at a much higher rate. Also there are entry and exit costs in while investing in a property like stamp duty, brokerage, registration, etc and therefore it will make more sense to hold a property in Pune for longer periods.

Prospective buyers can search for properties in India and property in Pune at Makaan.com, India's fastest growing real estate website. Our website has a comprehensive list of properties in India.

Total Views: 117Word Count: 430See All articles From Author

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