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23 Nov 2017

Choosing a Residential Property in Pune

If you’re looking to settle down in a city which is steadily improving in infrastructure and living conditions, has a multitude of opportunities available, with a range of high quality educational institutes, and isn’t as populated as the larger cities in India, Pune is the right place for you. But when it comes to a major investment such as buying residential property, the decision is a lot harder, with various factors to be considered. Here are some tips for how you can choose the right space for your family!

1. List down all your requirements

Start with making a list of all the amenities you require, and the characteristics of an ideal home. If you have children, you’d want to live in an area with schools nearby, with a secure environment so that you don’t have to worry about safety, and with the necessary utilities within walking distance for complete convenience. With the growing population, and the increasingly fast-paced city life, finding a comparatively quieter and pollution-free environment is also something that can be considered when you’re trying to choose the right property in Pune. In line with these requirements are new independent properties and flats in Hadapsar, which is steadily growing into a residential area with high demand. Choosing flat in a Township would satisfy all your requirements due to their exclusivity, being self-sustained, with privately housed facilities to ensure complete convenience, as well as an exceptional community living experience.

2. Set a realistic budget

Budgeting is an important factor to consider while considering the various residential options available. Make sure you plan ahead, and decide on a budget by taking your income and expenditure into account, and additional maintenance costs that you may encounter in the future. Based on this, you could go in for an economical home or choose a luxury flat in Pune. If you’re unable to pay for your choice of property upfront, you can also consider opting for a bank loan, through banks that your contractor may have tied up with, or an EMI scheme if one is available.

3. Check for flat availability

Another important aspect to add to your checklist is the availability of the flat you’re considering. While you may have a set timeline for when you can move into the flat, the property’s availability may not align with your expectations. Some properties in Pune may still be under construction and not ready for possession. These would be apt for people who are looking to invest in flats in Pune, and not personally reside in them. However, if you plan on moving in immediately, look for ready possession flats in Pune such as the projects at Amanora Park Town, a Township with facilities available within the vicinity, and various schemes for guaranteed and easy possession.

No matter what kind of home you’re looking for, make sure you set aside enough time to consider every aspect of it, and keep your options open to find the right property in Pune which meets all your needs.