Where To Look For Villas In Pune?
Who does not dream of big-independent homes, with sprawling gardens? Who does not want to have the liberty to fashion his home as he pleases? Do you want all that in Pune? Well, here's what you need to know:
If you are wondering whether your decision to invest in a villa would require you to seek it in the peripheries, you are wrong. There are options available in areas quite popular among homebuyers and working professionals these days. For example, a budget of Rs 60 lakh can fetch you a villa at Hadapsar. However, such options are not in plenty. Villa developments in the city are available for a budget of Rs 55 lakh and above. Large homes may command up to Rs 16 crore, simply for the space and amenities they provide. Such homes may be as big as 21,000 sqft which is 6BHK, plus 5 bath areas. Bavdhan boasts a few homes such as these.
Maval, Talegaon Dabhade, Sopan Baug, Wadgaon Sheri, Gahunje, Yerawada, Sus, Mohammadwadi,, Pashan, Kharadi, Kondhwa, Baner, Undri, Pirangut, Wakad, Mulshi and Pimple Saudagar are some other areas where villa developments cost anywhere between Rs 2-10 crore. Altogether, there are 370 villa projects available for sale.
Looking at space to build villas?
We understand you may not always be happy with what developers in the market are offering you. Therefore, if you are looking at plotted developments that you could build upon, PropTiger Data shows that you could turn to the following locations:
Budget below Rs 20 lakh
Of over 265 plotted developments in the city, over 80 projects are within your budget. Areas include Bhor, Mugawade, Maval, Saswad, Kamshet, Chandkhed, Katarkhadak, Chakan, Saykarwadi, Uruli Kanchan, Panshet, Wagholi, Pargaon, Talegaon Dabhade and the like.
Budget between Rs 20-50 lakh
Apart from the above, areas within this budget include Sinhagad Fort, Pasure, Hinjewadi, Wagholi, Bhukum, Chakan, Dighi etc. Explore villa property options within this range here.
In terms of popularity, Hinjewadi comes first, followed by areas such as Wagholi, Wakad, Baner, Mundhwa and Kharadi. Therefore, if you managed to get hold of a villa in any of these areas, rest assured that you have invested in a popular location. As the real estate sector garners momentum, property prices would be reflective of the same, too.
What to take note of when investing in villas?
Mind the law: Make sure that you know local land laws, building developments regulation etc. Keep in mind the masterplan of the city, too.
Mind the vicinity: Recently, some housing societies along the Sus Road faced a hard time due to a garbage processing unit nearby. According to the Central Pollution Control Board, garbage processing plants have to be located at least five kilometers outside city limits, and in this case, rules may have been violated. Therefore, know your vicinity before jumping into an investment.
Also read: The Death Of Pre-Launch Properties In India