With the paradigm shift in real estate after the pandemic-stricken years, India is set to see a boom with all the stimulus and attractive perks provided by the government and economic recovery. Real estate in India is ascending towards the sky and has become a hot favorite asset among investors. With the security and stability that real estate provides it has become an indomitable player in the investor’s as well as the common man’s kit. ( Source: Financial Express) According to a recent survey,50 % of investors are expecting real estate prices to surge rapidly in the coming years.
Cities like Pune, Noida, Bangalore are seeing rising demand for real estate and which can also be seen in an increased standard of living when it comes to the quality of life. With the focus on healthy and accessible lifestyles, the demand for residential areas in the Pune suburbs has seen tremendous growth. With the pent-up demand for top-notch amenities, developers are trying to fulfil as many of these amenities as they can. One such developer is Vilas Javedkar where belief is reflected in their work.
Pune being a tier-II city has got an insurmountable potential for growth and development which automatically brings real estate into the picture. The quintessential factor that the city is still under development has been its major selling point. With top-level colleges and schools to renowned hospitals.
But why would one want to invest in an under-construction property rather than in a ready-to-move apartment?
- From being low cost: The cost of under-construction flats is less than ready-to-move-in flats, wherein one might be able to get discounts, and negotiate as available.
- Higher appreciation rates – Return on Investment is way more for under-construction property, as the work progresses and eventually completes, a lot of development takes place that boosts the value of the property.
- More employment and business opportunities- Most of the locations are being built near the official premises to make it more attractive as well as accessible for the buyers.
But finding a property in Pune that could gratify the demands for an ideal place can be like going through a never-ending maze. But here at Realty Assistant, we have got you covered, where there are several upcoming projects one can put in their potential list.
Prominence and Luxury apartments
If you are looking for serenity and calmness go for VJ Indilife Pashan Hillside. Nestled in between Pashan Hill and Pashan Lake, where one can enjoy the scenic beauty of Pashan Hills. The property boasts stylish floors to spacious balconies and standard kitchen fittings. The property is coming from a developer who enjoys maximum credibility in the market. The VJ Indilife offers luxurious studio apartments in Pashan. The property is presently under construction and would be completed by 2024. The property is located nearby prominent landmarks including Hinjewadi Rajiv GandhiInfotech Park, Pune International Airport, and close Mumbai Bangalore Highway.
Residential spaces such as Majestique Marbella Kharadi in Pune sprawl over an area of 826 – 1064 sq. ft. It is nestled between the prime location of WTC and the EON-free zone. The property offers several amenities such as well-ventilated, well-lit rooms with rooftop swimming pools where the kids can play and have fun under the gleaming rays of the sun. The property is near EON IT park Kharadi Pune with schools, colleges, and hospitals such as Columbia Asia hospital. It is a RERA-approved project and the RERA id for the project is P52100025697.
Apart from the location accessibility, one can also enjoy perks that can take care of all their needs such as a multipurpose hall, lift, power backup, coworking spaces to accommodate one’s professional needs, gymnasium, yoga center, and likes of it. In addition to it, the whole building is earthquake resistant and is also environmentally friendly.
Near IT Hub
Having your home near your office is a dream come true for many. VJ Yashone Infinitee Punawale is a residential development in Punawale, Pune a project furnished by Vilas Javedekar. The property is approximately 39 km from the Pune International Airport. Moreover, it connects to the IT hubs such as Baner, Wakad, Hinjewadi. Proximity to IT hubs helps to cut across unwanted commute time thus effectively using one’s time. They provide affordable housing for buyers and investors. VJ Yashone Infinitee Punawale, with 4 towers spread over 5 acres in Punawale is the entry point from Suburbs to Hinjewadi IT Park ideal for working professionals and their families. Highlights of investing in it are that it retains 30,000 Square Feet of Podium Landscape and 1 Acre Play Area for kids of all ages. The property also has a senior-friendly garden to make the space all more liveable for its residents. It boasts a top-end security team and has a visitor’s management mobile app which is an added feature to further strengthen the security. The abovementioned property is still under construction and the possession will start in 2024. The RERA id for the above project is P52100029042.
Go Green
Going contemporary and green has become a vital goal for many after the Covid. The Godrej Parkridge Kharadi Manjari Road is very meticulously designed mushrooming at the lap of nature boasting 80% oxygen space and 500+ oxygen-enhancing trees. The property is located on Manjhari Road which is a residential as well as commercial property and has super connectivity to Hadapsar and Magarpatta which are giant tech hubs. It is also laced with amenities such as a vertical garden, and a green open theatre with an initiative to go green. They have built a tranquil, natural warm environment for the seniors. It provides 1bhk, 2bhk, and 3bhk for housing. The RERA id for the above-mentioned property is P52100028310
Conclusion:
While ready- to- move in property seems attractive, under-construction property has its own benefits for which buyers are developing taste. With every property bringing in its own perks on the table and being way cost-efficient one can look out to invest in these properties as per their wish.
The under-construction property has a tremendous potential to gain appreciation and can be availed at a lower cost with a bit of flexibility in payment. With RERA in place, developers are bound to deliver projects on time and get things aligned.
