Eyeing Posh Pune Central? You May Find An Affordable Property Here
Living in a central locality has its own perks -- you get everything that you need close to your home. But, often, budget constraints limit your affordability when you set out to buy your dream home in your preferred posh locality in a city. Don't worry, it is possible to find good central localities that have all the benefits of posh localities but are not yet on the top of price charts.
A good research is very important for buying an apartment in such central localities that are bang for the buck. If you are looking to buy a home in Maharashtra's cultural capital Pune's central locations, here is a cue. PropGuide looks at five central localities in the city where prices are comparatively low:
Lying close to the heart of the city centre, Bhawani Peth is the most affordable property market in Pune central. This old locality famous for its various temples, along with the timber, steel and hardware industries, is home to many entrepreneurs and businessmen of the city. According to PropTiger DataLabs figures, average property prices in Bhawani Peth stood at Rs 7,500 sq ft in May 2016.
Known to be one of the oldest localities in Pune, Kasba Peth is called the Heart of Pune city. Popular for its Shaniwar Wada Palace Fort, Kasba Peth is primarily a residential set-up. Average property price in Kasba Peth stands at Rs 8,100 sq ft.
A central locality along the Singhad Road that also gives you an easy access to India's financial capital Pune is sure to attract you as a home buyer. And, what if the prices were also comparatively low? Well, here you go. Average property prices in Dattawadi, a perfect combination of residential and business set-ups, stand at Rs 8,431 per sq ft.
Its village tag long gone, Pune's Bibwewadi has seen average property prices touching Rs 9,552 sq ft. Situated between two national highways, this locality provides you an excellent connectivity, along with a super social infrastructure.
What would you not give to have a house in a south-central locality lying close to a hill top? You will be even willing to pay extra for a house in the locality if you are religiously inclined and love visiting temples. Parvati Dasrhan in Pune is the place for you in that case. Average property price in the locality stands at Rs 10,541 per sq ft.
For regular updates on real estate, click here