Pune is a land of dreams the Oxford of the east & a buzzing IT & manufacturing hub.
Pune is home to all. It caters to & serves all classes. There is a place for everyone in this cosmopolitan city. Although the cost of living in Pune is higher than in other cities. It’s still affordable if we take the per capita income into consideration. Though the lifestyle is slower than in Mumbai it’s still racy as compared to other towns of the country. It’s also the next upcoming metro city.
Now, what budget should we plan if we intend to buy a house in Pune?
First of all, buying a house in Pune itself is a big task. Leave apart the budget in case you intend to buy it by using your own brains, you are surely going to get nightmares. But let’s concentrate on the budget concern first.
You can get home in Pune at as low as 12 lakhs INR to something in which the sky is the limit. Now, we are considering a common man like us who desire a 2 BHK of around 800 square feet of carpet area. It should be part of a good society & caters to the basic needs of housing like roads, water, drainage & lights. So, in case you have similar requirements, you should budget for at least 50-60 lakhs. You will find something in the outskirts of Pune in this budget.
Now, you are looking for something within the city right?
So, city areas are expensive. Owning a house in the main city areas would cost you anything between 80 lakhs to 1 crore INR. Or maybe even more depending on the location.
As the Pune district is large in size there are various housing options available in Pune. Also, great connectivity supports the overall development & you never feel left out. You can commute the entire city through the great transportation system. With the emergence of IT hubs various corners of Pune have developed well. Areas like Kharadi, Hinjewadi, Hadapsar & Talawade are some of the sought-after places. You will find properties between 60 lakhs to 1.5 cr properties in these areas.
Pune is not dependent on IT hubs alone, it is also blessed with the manufacturing sector. So areas like Pimpri Chinchwad, Chakan, Kondhwa, Pisoli, and Paud are also in great demand. People from the manufacturing sector dominate these areas. You can find properties from Rs. 16 Lakhs to 1 cr. in these areas.
The city is also an education Hub and colleges have spread across the city. Various belts like Mumbai Pune highway, FC road, Vimanagar, Pimpri, and Sinhagad road have huge student populations. In fact, one can find students across every nook & corner of the city. You can find properties from Rs. 60 Lakhs to Rs. 1.2 Cr in these areas.
A lot of the Elite class also resides in Pune and owns luxury properties. Koregaon Park, Kalyaninagar, Dhole Patil Road, Aundh, Baner, SB road, and Vishalnagar consist of some of the Posh properties in Pune.
You can find properties from Rs. 1.2 cr to the sky is the limit in these areas.
So, no matter whether you belong to any of the categories mentioned below:
- 1. IT professional
- 2. Manufacturing engineer or worker
- 3. Student
- 4. Businessman
- 5. Blue collar
- 6. White collar
Pune has a place for all. You can come with either 12 Lakhs or 10 cr, the city can accommodate everyone. It can provide houses to fit every individual pocket.
Although there is the availability of homes for all classes it’s still very difficult to seek one. So, it’s advisable to hire the best real estate consultant in Pune to search for a home for you. There are various property consultants in Pune. I recommend hiring the best property consultants in Pune only who are RERA registered.
The real estate consultants will understand your need & provide you with the best solution. They will make the process hassle-free & comfortable for you.
You may connect with us at info@mevolvee.in for any queries with regard to property buying in Pune.
Till then Happy home buying.
You may write to us for any guidance with regard to real estate investments or finance on info@mevolvee.in
For any suggestions with regard to designing your house, you can write to us at info@mevolve.in
So, in case you are considering buying a property, meet a real estate consultant today.
We assure you wealth generation bits of advice via real estate to the best of our knowledge.
You can always hire our interior design service to design your dream home.
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