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Is it good to invest in Dhanori Pune?- Property Hotline
Posted
July 19, 2016
Views
8,858
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29
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0.34%
July 19, 2016
8,858
29
1
0.34%
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3:17
5:41Now PlayingBe Un Confused
Expert: Arvind Nandan Director, South Asia -Valuation & Advisory Services at Colliers International.
Question: I am an IT professional living in Pune. My office is in Yerwada Business Bay. I want to buy a 2 BHK in Dhanori for end-use. I have shortlisted a 2 BHK sized 1,020 sq. ft. in Magnum Lifestyle. Is this a good investment? What is the future of Dhanori in terms of appreciation?
Answer: Dhanori is a northern market in Pune and has witnessed interest in recent times. Average Pricing in Dhanori is about Rs5,200-5,400/sq.ft. Mostly 2-BHK market and Rs50-lakh range market. There is a moderate rise the prices in the micro-market last 12 months. Magnum is likely to be delivered in the fourth quarter of 2017. It has two towers with the club and jogging track. The overall price to be paid (not base price) will be about Rs50-55 lakhs, depending on which size 2-BHK you take. Its advantage is a moderate pricing close to the airport. So even if you would like to go for Magnum Lifestyle you can invest. It is a good investment.
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