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Which properties in Pune can give good appreciation?- Property hotline
Posted
September 6, 2016
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18,936
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September 6, 2016
18,936
40
8
0.25%
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6:07Now PlayingExpert: Jayashree Kurup, Head of Content & Research at Magicbricks.com.
Question: I want to invest in Pune. I have shortlisted 3 properties - Life Republic, Pinnacle Neelanchal & Astonia Royale. Which one should I choose?
Answer: Hinjewadi market has seen the growth. Anything that’s closer to I-T corridor i.e. Hinjewadi if you hold on to it you can get steady rental returns and secondly values of these properties will keep rising.
Life Republic by Kolte Patil at Hinjewadi-Marunji offers 1, 2 and 3BHK apartments in sizes of 589 - 612 sq. ft. (1BHK), 993 - 1350 sq. ft. (2BHK) and 1475- 2000 sq. ft. (3BHK) within Rs33 lakhs to Rs1.04 crore. The project also has some 4 & 5BHK units of 3800 - 4000 sq. ft. available for Rs2 - Rs2.08 crore. Possession for Phase 1 has been given and Phase 2 is expected in 2018.
Pinnacle Neelanchal at Sus has 1, 2 and 3BHK apartments available within Rs35 - Rs77 lakhs. Here, 1BHK apartments are of 631 sq. ft. 2BHK of 887 - 1065 sq. ft. and 3BHK of 1281 – 1329 sq. ft. The project is still under construction and possession is expected by 2017. The social infrastructure of the area is well developed.
Astonia Royale in Ambegaon is offering only luxurious 2 and 3BHK flats. The 2BHK units of 1100 - 1150 sq. ft. are available for Rs64 - Rs72 lakhs and the 3BHK units of 1509 sq. ft. are available for Rs87 - Rs96 lakhs. These are ready-to-move-in flats. The project is meticulously planned having a huge area with all urban facilities. The social infrastructure of the area is developed and within a 3-km radius.
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