The second-largest city in Maharashtra, Pune, is a vibrant and thriving cosmopolitan. It is a hub for business centres and academic institutions that attract students, professionals, and businesses from divergent parts of the globe including the Middle East, Africa, and South East Asia. It is also considered as the cultural capital of Maharashtra.
These key features have made Pune an excellent place to explore resulting in a boom for the real estate in Pune. If you are looking for property in Pune, you may want to read about the review of Western Avenue Wakad. Western Avenue in Wakad is a prominent township spanning over 33 acres, offering 2 and 3 BHK apartments. The property has been designed with sheer elegance keeping a quality lifestyle in mind. It is also conveniently connected to the main parts of the city, through both rail and road, making it easily accessible. The accessible location, alluring greenery, and top-notch facilities make it an excellent living place.
If you are planning to buy home in Pune, here are some factors you may want to consider:
Approval and licences
It is essential that you check documents such as title deed, release certificate, and approvals by local body before buying a property in Pune. It is advisable to perform investigations regarding legality of the property before you invest in it.
Banks financing properties
Another good idea would be to talk to banks backing the housing project. A general verification can help you avoid some risks before you book your real estate in Pune.
While searching for a location to buy home in Pune, it is beneficial to look for areas that have essential amenities such as hospitals, schools, banks, and recreation centres nearby.
Total cost of property
Many times, brokers only inform about basic cost of property excluding other aspects such as internal/external development fees, parking costs, preferential location rates, and service charges. It is a wise choice to ask for clarity to know the total value of the property.
Before buying a property, you may want to examine reputation of builder. You may want to read reviews from homebuyers who have purchased homes from said builders in recent past.
Size of apartment
It is advisable to always go by carpet area of the property you are looking to buy. Many a time, brokers/builders mention super built-up area of the property in their brochures, which can get confusing, as the carpet area is 30.0% less than super built-up area.
Any future infrastructure development near the property you are looking to buy is always a plus. For example, metro connectivity linked to property can help increase return on your investment tremendously.
Lastly, the layout in brochure could be different from actual construction. So, it is advisable to make regular site visits if the property is under construction.
If you need funds to own a house in Wakad,home loan up to Rs. 3.5 crore from Bajaj Finserv Homes & Loans can help you get the deal. Along with funds, you also get in-person assistance for site visit and documentation.
Buying a property is possibly one of the most significant decisions you may take in your life. So, it becomes essential that you apply due diligence before you buy your dream house. You may do so by choosing the right location that has an excellent infrastructure and proximity to basic amenities such as schools and hospitals. In addition, you are advised to conduct a thorough background check of builders, speak to banks that have approved the housing project, pay regular site visits to the property, and ensure documentation is legally approved. You should also be mindful of the carpet size of the apartment and its total cost before investing in it. All of these can save you from getting into unnecessary legal disputes over land or property.
Pune is an emerging hotspot in terms of business centres in the country. If you are looking to buy a property in Pune, consider investing in premium housing project, Western Avenue in Wakad. This ongoing development project offers meticulously designed apartments to elevate contemporary lifestyles. The wide range of amenities includes a gymnasium, landscaped gardens, clubhouse, tennis court, swimming pool, round-the-clock security provision, and children’s play area. You can read the Western Avenue Wakad reviews to know what other homebuyers have to say.
If you need financial assistance to buy your dream home, you can avail a home loan from a reliable company like Bajaj Housing Finance Ltd. that offers a loan up to Rs. 3.5 crores on easy EMIs.