Pune is seeing a surge in property or real-estate investments post the first wave of the Covid-19 pandemic. And surprisingly, demand for newer residential projects in Pune has gone up. This can be attributed to a lot of recent relaxations by the Government of India as well as attractive offerings by developers. Amidst these exciting offers, as an investor or someone seeking a new home in Pune city, you should consider some factors to make wise and informed decisions.
Low-Interest Home Loans-
There is a considerable reduction in Home Loan Interest Rates by banks and non-finance lending companies. So, you can compare rates and seek the best deal from these home financing options, which even gives you some budget flexibility. With rates being low at this time, you can look for a higher budget for your dream home in some new projects in Sinhagad road in Pune. Also, the increase in affordability helps you plan for a better home and compromise less on amenities.
Luxury Home Options-
It is the best time to look for luxury residential homes in Pune city with increased financial affordability. The developers are looking for product and service quality to attract buyers, making it easier for you to go a level up on your planned real estate project. There are some beautiful luxury homes in new launch projects in Ambegaon and Sinhagad Road, which will prove to be the best buy for you and your family. Utilize this budget flexibility and lower prices to choose a better residential project during the Covid-19 pandemic.
Stamp Duty Reductions & New Rules-
Maharashtra Government has reduced Stamp Duty charges on new projects and residential launches making it economically feasible for new buyers. Avail the opportunity by booking your residential project within this period and new relaxed housing rules. There is relaxation in housing charges and duties to be paid even for real estate investment purposes, making it an attractive investment option. You can look for some good yet new projects in the Dhayari area of Pune with the best developers in Pune.
Area Connectivity-
Before deciding on a new residential project in Pune, inspect the location of the property and its connectivity to your essential day-to-day needs. Best projects in Pune are situated within close proximity to essentials, schools, hospitals, workplace hubs giving you an array of choices. Choose the most well-connected residential project as per your individual needs.
Safety & Security Measures-
The last but most important tip is to seek out the safety and security measures in the project of your liking. The covid-19 pandemic has made it imperative to look out for safety measures available at the residential projects. It includes a proper sanitation system and periodical cleaning carried out in the society complex to ensure the hygiene of the surroundings of your home. Also, security systems are a must for any home. Do check for the latest technology security installations in the new residential projects before you make a decision to book.
Buying a home is a critical life decision; hence, ensure you check all parameters before moving into your new home.