Why You Should Buy Property In 2019?

The demand for affordable housing has always been a consistent aspect of the real estate industry. What has evolved as a striking feature in recent years, is the rise in demand for the land or plots, especially at a time when apart from affordable housing, all other units of real estate sector were showing a sluggish trend.

Careful consideration of both the options is essential to arrive at a decision which is both pragmatic and beneficial. The first thing that one should consider is the cost of buying a plot/flat and to what extent the buyer can invest or arrange funds.

It is also important to consider the potential or expected value appreciation of the property. Considering the same location and dimensions, the increase in the value of the land will be higher and faster than a flat. However, in a space-crunched posh location, the value appreciation of a flat will be equally fast. Financial assistance is another relevant factor - it is easier to get loans for flats, as opposed to land.

Demand for rental housing options is prevalent in every Tier I and most of the Tier-II cities. For example, the sale of affordable flats in Pune has seen a tremendous increase in recent times. Projects like Shapoorji Pallonji Joyville are meeting the residential demands of the people with its range of amenities and has evolved as a prudent option for the investors and home-buyers alike.

Additional Read: How Investing in a Property a Good Idea?

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Rohan Abhilasha - Pune's Best Place To Live In

Wagholi, a suburb of Pune is fast developing as a residential hub for homebuyers. Located on the Pune-Nagar Highway close to the Kharadi IT hub the place is at a short distance from the Pune airport and is well connected to the Solapur Highway, Bund Garden and the Shikrapur-Chakan Road. Among the many residential projects here, Rohan Abhilasha stands out from the rest.

Rohan Abhilasha’s vicinity to top educational institutions has propelled its demand. Spread over 30 acres, the luxurious project offers 1BHK, 2BHK and 3BHK apartments with world-class amenities. Aesthetically designed with vitrified flooring and premium doors and windows, the amenities include a well-equipped gymnasium, meditation centre, play zones, toddler play area, swimming pool, landscape garden, cricket pitch and badminton court among others.

The luxurious residential property in Pune promotes sustainable living to all its residents. With provision for rainwater harvesting and sewage treatment, the architecture has been crafted in a manner to create green spaces of substantial dimension. For creating wind tunnels, there are narrow gaps between the buildings.

With traffic being restricted to the peripheral area, the complex is pedestrian-friendly. You get easy and seamless access to civic amenities such as hospitals, clinics, cafes, malls, ATMs, hospitals, pubs, supermarkets, shopping malls, cinemas and banks. To finance your home, you can get a home loan up to 3 crore from the Bajaj Housing Finance which is the India's most trusted housing company.

Additional Read: Buying an Apartment at Rohan Abhilasha Wagholi

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Buying an Apartment at Rohan Abhilasha Wagholi

There are many housing projects coming up in Tier 2 cities like Pune, Jaipur, and Vadodara. These are often good options for real estate investments. There is less pollution and residents have access to beautiful open spaces like public gardens, lakes, and jogging parks.

There are many options for flats in Pune like at Kunal Aspiree, which is situated at the end of Balewadi. Adding to the appeal of this residential complex is the scenic beauty of the nearby river. Plus, the project is close to the upcoming smart city of Baner. In future, the area could see development such as malls, schools, office buildings, and hospitals.

If you have young children, you may want to stay where there is place for them to play in the evenings. Rohan Abhilasha could be a good option for Pune residents. The complex is well designed and has open spaces for senior citizens and kids. It is important to figure out your priorities before you start looking for properties. This will help you zero in on the right home in a speedier way.

Before you make an investment decision, do a complete background check of the project. Also, before taking a loan, compare the rates from at least two to three lenders. You could look at banks and NBFCs like Bajaj Housing Finance. Look out for pre-approved loan offers and lenders associated with the building projects that are on your wish-list. These could speed up the loan application and disbursal process. In addition, it would help to submit all the paperwork carefully. This would reduce the approval time for your loan and the chances of rejection.

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