One of the biggest considerations when purchasing a piece of real-estate happens to be that of the city. This is because it will determine a number of other decisions including the quality of life in the present times as well as in the future. This is why, one of the biggest names which has come up in recent times with regards to a popular choice for investing in real estate happens to be Pune.
This is because this city is going through a phase of rapid real estate development. Young professionals, mostly from the IT industry, now prefer apartments in large housing projects like Three Jewels Pune. Pune offers to them all the modern facilities without the chaotic pace of life in a metro. This is what has led it to becoming one of the most sought-after cities and people from all over the country come to settle down in this city.
However, purchasing a flat these days does not simply entail the price of the project as there are a number of other charges which are included in the same, a few of which are -
Advance Maintenance Deposit
This is the amount which is charged by builders for the maintenance of the project in advance. Some of the inclusions in this include the cost of electricity and the salary of the caretakers. The period of advance varies from one builder to the other and is also determined by the size of the property you have opted for. Another factor which affects the cost include the city in which you have purchased the property. Thus, the advance maintenance deposit cost will be higher in Mumbai than in Pune.
Parking Costs
The cost of land has risen exponentially in recent times and this is the reason why something as basic as a parking space no longer comes free of charge. Here too the location and convenience come into play when determining the cost which buyers need to pay.
If you want to buy property in pune you must apply for home loan in Pune from the Bajaj Housing Finance which is the India's most trusted housing company.
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