Accretion of Prices for Flats in Pune

The erstwhile affordable city Pune seems to shed its tag, as is clear from the accretion of properties here. The city, better known for large IT firms and corporate culture, has started aping the other metropolitans in terms of price. To buy a 2 BHK flats in Pune now, you need to put in more money. Though the localities out there offer a number of flexible options in terms of affordability, the city is seeing a good appreciation of prices. Seeing the current inflation that has wrecked Indian economy, the demand for residential and commercial properties has dwindled. Still then, the prices in areas like Koregaon Park and Kharadi are touching crores.

For budget buyers, however, there are a few options. Localities like Wagholi, Hinjawadi, Talegaon are good for those buyers of flats in Pune who don't have substantial income to invest in high-segment properties. Take the case of Wagholi: the average per square feet rate here is Rs. 4349/-. You can buy a 2 BHK in the range falling between 30-40 lacs. At Talegaon, the rates are much lower. Flats with 2 rooms can be purchased in the range18 and 25 lacs. Hinjawadi, that caters to needs of buyers from different price brackets, has budget houses as low as 15 lacs, though the properties with higher prices too are available. The other budget options are Undri, Hinjawadi, and Wakad.

Talking about the needs of upper-middle and affluent class, Pune has a lot to offer to them too. A 2 BHK flat in Pune in the areas like Koregaon Park, Viman Nagar, Kothrud, Kharadi, and Mundhwa can cost you a crore or more. At Hinjewadi, Balwadi, Dhanori, Baner, and Vishrantwadi, the apartments fall in the price bracket 35-65 lacs. Pune's real estate is faring well this year, thanks to the never-ceasing demand.  The city sees a huge influx of population from other cities year after year, thus paving way for huge demand.

At Makaan.com, you can buy, rent, or sell flats in Pune, and other Indian cities. This real estate website offers plethora of options for properties, in terms of price, location, and type.