Tuesday, August 4, 2015

Why Invest in 2BHK Flats in Hadapsar Pune?

Those investing in Pune seem to be looking towards the east. The areas here are well-established and provide investors with handsome rental income. Thanks to the investor interest in the area, the fringe villages bordering the areas have also benefitted. The average price of Pune property in the east is Rs 4000 to 6000 per sq ft. Such properties can fetch Rs 12000 to 22000 in a month as rental income.

Pune has more than two hundred IT and ITeS companies, of which, a major chunk is located towards East Pune. Developers have realised the wants of home buyers and are constructing projects around the office areas. Not only are end users benefitting from these constructions but also investors. Those looking for rental properties here consider the less expensive areas like Kharadi and Wagholi. These areas offer rental properties for up to Rs 25,000 in a month.

2 bhk flats in hadapsar pune
End users in the area continue to prefer neighbourhoods which are a little higher priced such as Hadapsar for the well-developed social amenities. It has been observed that mostly senior management professionals prefer staying in the more expensive areas.

If you want to buy flat in Pune, then Hadapsar in the east would be a good option. There are several reasons for such observation of preferences among home buyers and rent seekers.

·         Non IT and IT professionals prefer flats in Hadapsar Pune because it is near Kalyani Nagar, Koregaon Park and Magarpatta IT City. Compared to the latter areas, Hadapsar is more affordable and commute time to these business districts is lesser.
·         Hadapsar is located along the Solapur Pune Highway and is near the older Central Business Districts. Magarpatta is located 5 kilometres from new projects in Hadapsar Pune while the MG Road is 6 to 7 kilometres from here. The area is well-connected to Solapur and Nagar Road.
·         PMPML buses connect the area to different parts of the city. AC bus services can be availed along the Hadapsar Katraj BRT Route. Numerous state transport department operated buses ply from and to the area.
·         The area’s social infrastructure is well-developed as it has several hospitals, malls, schools and convenience stores to make the lives of residents comfortable and easy.
·         The rental rate for 1BHK flats in Hadapsar is Rs 5000 to 20000 per month and their sizes vary from 500 to 1000 sq ft. For 2BHK flats in Hadapsar Pune, the monthly rent payable is between Rs 6000 and 30,000 and their sizes range from 700 to 1400 sq ft. Builder floor apartments that are of the same configuration and measure between 500 and 1200 sq ft is Rs 5000 to 17,000 in a month.

Therefore, not only do end users but also investors stand to gain from parking their money in Hadapsar. Indiahomes real estate has several listings of properties that are coming up here. Most of them are developed by reputed builders of Pune and other cities. They offer all amenities required for a comfortable home life.
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