Is Hinjewadi, Pune a good investment bet? - Property Hotline
January 24, 2017
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as posted by the channelExpert: Jayashree Kurup, Magicbricks.com
Question: My budget is Rs. 1 Cr. and I want to invest in a property in Hinjewadi, Pune. Is it a good investment bet?
Answer: Being an IT corridor with a lot of development happening, Hinjewadi in Pune is surely a safe option to invest in. In your budget of Rs.1Cr. you can get around 1400 per sq. ft.-1700 per sq. ft. apartment for delivery later in the year or even ready to move in. There has been a small amount of drop due to demonetisation but that does not seem to be a problem. There are plenty of good developers to choose from. About rental returns, you can expect Rs. 15,000- Rs. 30,000 per month depending upon the developer, amenities and location of the property.
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