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Should we invest in Chikhali and Moshi areas of Pune?- Property Hotline
Posted
August 2, 2016
Views
15,273
Likes
74
Comments
9
Engagement
0.54%
August 2, 2016
15,273
74
9
0.54%
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5:02Now PlayingExpert: Amit Goenka, MD & CEO of Nisus Finance.
Question: I want to invest in the Chikhali & Moshi areas of PCMC. My budget is Rs35 lakhs. Is this a good investment bet? What kind of appreciation can I expect?
Answer: Chikhali & Moshi areas of PCMC (Pimpri Chinchwad Municipal Corporation) are good locations for Investment. Moshi is one of the most prominent and strategic locations in the heart of Pimpri-Chinchwad Township - has caught the eye of real estate investors. Its close proximity to Bhosari and Chakan industrial belt coupled with a popular pilgrimage destination Alandi located under 10 kms; has magnetised Moshi's realty.
Moshi presently is also one of the most affordable regions in PCMC area as property rates are very reasonable as compared to other parts of the town. Spine Road, where a luxury housing project is located, has become one of the most talked about infrastructure embellishment in Pimpri Chinchwad Municipal Corporation area. You can expect 5-7% appreciation in capital value with steady absorption of units
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