Pune is known as the Queen of the Deccan. This is because of its beautiful landscape and natural resources. For centuries, it has been famous for its rich culture and heritage. There are many picnic spots, palaces, and mountain ranges for weekend travellers. Not only this, it has become a hub for big multinational companies.
It is also home to some of the best universities and colleges. Owing to these developments, buying a 1 BHK flat in Pune is a smart move for investors. Say, you invest in a 1 BHK flat in Pune at Rohan Ipsita. You will get modern luxurious homes equipped with the best facilities and amenities and at reasonable rates!
Why invest in a 1BHK flat in Pune?
Now is the best time to buy a 1 BHK flat in Pune for investment purposes. With property prices soaring high every year, the sooner you invest the better returns you can gain. For example, 1 BHK flats are very easy to rent out to students or unmarried professionals. You may even get a newly married couple as the tenants.
Moreover, these flats don’t have high maintenance charges. Also, there is the surge in foreign universities opening campuses in Pune. Many students are looking to take small flats on rent rather than staying on the college campuses.
What are the best locations to buy a flat in Pune?
When looking for property to invest in, you want locations that will maximize your profit. Most of the main city areas are already flooded with houses, hospitals, and traffic. The price of houses there may not be very high. However, they may not assure you of a good return on investment (ROI). That is because prices tend not to rise in the case of old buildings.
If you want to invest in a 1 BHK flat in or near Pune, the best location would be the suburbs. Arguably, the most popular suburb is Kalyani Nagar. It is a prominent area in the east corridor of Pune. It is very close to popular posh areas such as Koregaon Park and Viman Nagar. Koregaon Park is famous for its eateries and party places. It is also very close to the railway station and the Pune airport.
Another popular spot is close to the IT business park, Aundh. One of the biggest IT parks with various multinational companies is located in Hinjewadi. Aundh has facilities for students, bachelors, and families as well. It has malls and residential projects. The best thing is that you can reach your office within 15 minutes without encountering traffic jams.
Other popular locations are Baner and Wagholi. Baner provides good affordable housing and is connected with the Pune–Mumbai expressway. It is easy to go for early morning treks at the nearby hill stations such as Mahabaleshwar. Wagholi is connected with the IT hub in Magarpatta and the industrial belt of Shikrapur-Chakan.
You can even look for housing projects in Wakad and Kondhwa. Kondhwa is in the southern part of Pune. It has developed extensively in the past couple of years due to an increase in property demand. Kondhwa has also seen a consistent increase in property prices since 2015.
Why invest in a 1BHK flat in Pune at Rohan Ipsita?
Whether you choose to stay in the flat yourself or give it out on rent, you need to invest well. Do look for houses that are close to office areas and educational institutions. This proximity will be a boon for you if you stay in the flat yourself. And if you give it out on rent, you will find lots of takers. Projects like Rohan Ipsita provide spacious 1 BHK flats at affordable prices.
Before you invest in a 1 BHK flat in Pune, do your research on the best housing loans. A good home loan should offer you competitive interest rates and high home loan amounts. For example, Bajaj Housing Finance offers a maximum home loan amount of Rs 3.5 crore. For quality housing, it may help to invest in 1 BHK flats in Pune at Rohan Ipsita. It is your perfect destination for a secure investment in real estate.