Get Properties in Pune under Rs 20 Lakhs

Real estate in Pune is slowly developing as the prospective real estate investment destination because the central city has become saturated. These extreme areas are used both for end-use as well as investment purpose. According to Infradoctor, prices of properties in the outskirt areas are likely to double in the next 3-4 years because the residents are ready to travel 15-20 km in case they get accommodations of their likings. Therefore, if you want a property in Pune within a limited budget, think about these areas in the Pune real estate market. If you go to 33 km South-East from the core town, you will get yourself in some lesser known industrialized hubs like Shirwal, Urali Kanchan, and Sanswad Road. If you have never heard about them, let’s take a quick look at them: Shirwal Shirwal is having manufacturing plants of country’s leading appliance and automobile brands. This area has large tracts of the land accessible for development. Nevertheless, the majority of them are farming lands that will be converted to R-zone for the development real estate in Pune. According to Infradoctor, more than 15 projects are in progress here, providing multi-storey apartments with the budget of Rs. 10 to 20 lakhs. Shirwal also provides plots within the budget of Rs. 6 to 15 lakhs for the plot size of 1000 to 3000 sq ft. Even though, principal builders haven’t come here yet so local builders are providing possession of the residential units within 6 months. All these units have amenities that are at-par with all branded projects. Shirwal PunePlot is having values within the range of Rs. 4,228 to 6,543 per sq yard during the period of Apr-Jun 2015. These values have risen in the last one year. In the quarter of Apr-Jun 2014, the values range was Rs. 4,700 to 5,400 per sq yard. Urali Kanchan Uruli Kanchan has become very popular due to its Naturopathy Ashram. Nevertheless, currently, it was in news to witness development in Pune real estate at a brisk pace. Many multi-storey apartments as well as villa projects are used as the serviced apartments by the Ashram visitors. Though, civic amenities in this locality require improvements. Some projects will give possessions in six months, whereas the leftovers are scheduled to be given within the next couple of years. The plots are sized between 333 to 3000 sq yards with the gated community is also accessible within the range of Rs. 1 to 10 lakhs, while the apartments are accessible within the range of Rs. 12 to 40 lakhs. Saswad Road Closeness to Jejuri MIDC and Hadapsar IT Belt is the main driver the real estate locality. Despite this, the region is also measured as the second destination of home due to its nearness to many picnic spots located at Narayanpur, Sarasbag, Purandar, and Katraj Zoo. The properties in Saswad are booming at reliable pace. The property options mainly consist of plots. Nevertheless, projects of multi-storey apartments are also on the cards. A 1500 to 3000 sq ft housing plot is accessible within the range of Rs. 3 to 7 lakhs whereas multi-storey apartments can be priced within the price range of Rs. 30 to 35 lakhs. In the Apr-Jun 2014 quarters, plot the prices has ranged between Rs. 3,100 to 4,600 per sq yard. This value has amplified to Rs. 4,200 to 6,500 per sq yard during the Apr-Jun 2015 quarter.