January 13, 2021

HOW TO SELECT THE BEST PROPERTY IN KHARADI PUNE?

In this blog you will get the answer of How To Choose The Best Property In Kharadi? how to choose best investment property? which are the best type of property investments? and Which are the best residential projects in kharadi Pune? And a lot more.

1. GET KNOW ABOUT THE AREA

Kharadi is one of the rapidly developing area in eastern Pune. This is one of the most preferred residential destinations for people working in IT sector in Pune mainly because of EON IT Park, Magarpatta and Hadapsar.

Kharadi has good connectivity with the rest of the city. Pune Airport is just 7.5 km away Pune. Railway Station is located 11 km away caters to the area. The proposed Ramwadi Metro Station on Line 2 (PCMC to Swargate) is tentatively scheduled to open in 2023 and will improve further connectivity.

Also some of the popular areas like Viman Nagar, Kalyani Nagar, Vadgaon Sheri, Wagholi, Koregoan Park and Hadapsar these are well connected to the Kharadi area.

2. CHECK OUT THE COMPETITION

Kharadi has registered the presence of almost all big real estate builders and developers- Godrej, Kolte Patil, Mahalaxmi, Nyati Group and many others have their projects in the area and are searching for open spaces to build more complexes. Go for under-construction properties of well-known developers. These properties are affordable and come with generous offers to not stress your budget.

Do your research on other listings in the area from real estate aggregator websites like magicbricks.com, 99acres.com, housing.com etc. If there are an unusually high number of rental properties available, this could well mean that demand in the area is low. Vice versa, full occupancy means high growth potential and high prices.

3. SPEAK TO THE LOCALS

If possible, ask people who live in that area. Native and Tenants tend to be far more honest about the negative aspects of a place as they have no monetary interest and therefore, nothing to lose by telling it as it is. So ask in other apartments and from strangers in the same building.

4. CHOOSE THE RIGHT NEIGHBOURHOOD

Kharadi is big enough to be explored ina day, that’s why choosing the right area in Kharadi is essential. A property that is situated close to educational institutes, offices, hospitals, convenience stores, banks and public transport will always be in high demand. So finding the right place which has enormous potential to become the next hotspot is the key to invest wisely. Also, look for properties which are little far from direct traffic to give you peaceful environs, and less noise and air pollution.

5. INVEST IN PROPERTY NEAR A SCHOOL

Investing in a property near a school has always been regarded as a wise decision. A school nearby provides security in the area. Plus, the development also takes place rapidly. Most families prefer security over everything; you might be able to generate adequate cash flow from other regions but getting a good return when the property is eventually sold becomes a concern then.

6. STAY CLOSE TO OTHER AMENITIES TOO

Apart from public transport, the easy access to shops, civic amenities, public offices, restaurants, gyms, grocery stores, and other amenities can also make a property more desirable to potential buyers and tenants.

7. RESEARCH RATES IN THE AREA

Check all the areas for actual flat rates as well as rental rates. Knowing the qualities of studio apartments to spacious 4 BHKs will give you a lot of clarity and understanding of the area wise prices. Make a list of everything and compare all based on your requirement and budget.

8. CHOOSE LOW-MAINTENANCE PROPERTIES

Remember that houses with pools and gardens require a lot of care and time, so opt for apartments and avoid independent homes. In large complexes, maintenance and security are taken care of by society, and you are free to enjoy the home as it is.

At The End

Remember, buying the right property takes a great deal of time, effort, and money. So it is wise to keep expectations realistic and to ensure that all financial affairs are healthy enough to sustain the burden of extra requirements.

In case, you are looking for investment-worthy homes in Kharadi, Pune, then do not look further than Zen Estate by Mahalaxmi Group; This is a residential complex of the year 2020 and also a winner of the ‘Best Project In Kharadi’ award.

Come to Zen for premium riverside 2 and 3 bhk flat in Kharadi and get a peaceful life forever.