Selling Property on your own

In the present day, the process of purchasing homes involves comparing various properties both online and in person. Consequently, selecting the appropriate residence necessitates a meticulously crafted strategy that can otherwise impact our judgment. You are not aware of the tastes and requirements of the buyer, nor do you have first-hand knowledge of competitive values.

Using a Real Estate Agent

You can appoint a Professional and Experienced Broker. An experienced agent has a strong trusted network of contacts, carefully built over many years. They know how to market your property to the right market, and where to look for prospective buyers. This will not only expedite the process but save you the stress of doing so.

REASONS WHY YOU SHOULD ENGAGE PROPERTY WITH a Professional and Experienced Broker when selling your home.

• Should you be unfamiliar with the intricacies of the selling methodology or the process of transferring property ownership, your estate agent will be well-versed in these matters.
• Your job and daily responsibilities prevent you from offering support to the purchaser in securing financing. You lack the expertise required to navigate the complexities of the current home market.
• You cannot readily negotiate prices with your buyer. Your broker is capable of facilitating the bargaining process.
• A real estate broker may permit you to present your property to a potential pool of buyers, investing your resources and energy, and ultimately incurring a brokerage fee for their role in vetting potential purchasers.
• Proceeding with follow-up actions may be misconstrued as an attempt to pressure the sale.
• Making unneeded improvements to your property for sale can be a waste of resources; the broker’s advice can help you avoid unnecessary spending.
• Receiving an insincere proposal might necessitate a drawn-out litigation process, lasting weeks or months, to enable you to sell your property once more after regaining possession
• The broker’s ability to maintain neutrality and effectively manage interactions between the buyer and seller can lead to a sale that might otherwise have been jeopardized due to personality differences.
• You may accept an insincere offer and then spend weeks/months in litigation, to free your property.
• Buyer-seller personality clashes can pose a significant risk to completing a sale. As a neutral third party, the Broker can skillfully bring about the sale’s consummation
• The majority of purchasers engage the services of a Broker to handle negotiations on their behalf, thereby avoiding the potential drawbacks of conducting negotiations directly.
• To maximize the chances of a successful sale for the homeowner. A Broker can call upon the aid of other Brokers, thereby leveraging their collective local market expertise.
• A Broker may engage the assistance of fellow Brokers to facilitate the sale of your property, thereby providing the owner with access to an expanded local marketing network.
• The Broker will price the property according to its fair market value for sale. In contrast, the average price for properties sold by their owners is usually set above the market value but ultimately results in a sale below the market value
• Signs bearing the inscription “For Sale by Owner” extend an invitation to “Inquisitive Individuals.” Your Real Estate Agent is responsible for distinguishing casual browsers from genuine purchasers.
• Your broker ensures the successful completion of the home sale transaction, receiving compensation upon its conclusion and your receipt of proceeds.

Results Matter. Choose the right option for you:

At Bhatnagars, we have specialized at the top end of the market since 1978 in the areas of:

Koregaon Park, Boat Club Road, Kalyani Nagar, Sopan Baug, NIBM, Kharadi, Margapatta, Viman Nagar, Nagar Road, Bund Garden, Camp, Mundhwa, Aundh, Baner as well as some specialist areas outside the city for the larger and more exclusive plots.

Contact us to get the right strategy for selling your property:

Charu: +91- 8055894455

Nishit: +91 9370317908

Divakar: +91 9370678185

Team Bhatnagars: +91-9370317908

Top Real Estate Agents in Pune | Bhatnagars Property Realtors

Members of Bhatnagars Real Estate Pune

The post REASONS WHY YOU SHOULD ENGAGE PROPERTY WITH a Professional and Experienced Broker when selling your home. appeared first on Bhatnagars Real Estate.

Introduction

In recent years, Pune has emerged as a hotspot for real estate investment, and it’s not hard to see why. With a rapidly growing economy, a thriving IT sector, and a rich cultural heritage, Pune offers a unique blend of opportunities for investors. In this article, we will explore the factors contributing to Pune’s real estate boom and why you should consider investing in this vibrant city.

Investing in Pune: A Lucrative Opportunity

Pune, the second-largest city in Maharashtra, India, is witnessing a meteoric rise in its real estate market. With its strong economic growth, robust infrastructure, and attractive lifestyle, Pune has become a preferred destination for both homebuyers and investors.

1] Pune’s Economic Growth Story

Pune’s journey from a quiet educational hub to a bustling economic center has been nothing short of remarkable. The city’s proximity to Mumbai, one of India’s financial capitals, has played a significant role in its economic growth. As Mumbai continues to face challenges related to space and infrastructure, businesses and industries have expanded to Pune, leading to a surge in job opportunities.

Investment Tip: The city’s economic prosperity means a steady demand for rental properties, making it an ideal choice for real estate investors.

2] IT Hub of India

Pune’s real estate market owes much of its success to the booming IT sector. The city is home to numerous IT parks and tech companies, attracting a talented workforce from across the country. This influx of professionals has created a robust demand for residential properties, especially in areas like Kharadi and Magarpatta.

Investment Tip: Investing in properties near IT hubs can yield excellent rental returns and capital appreciation.

3] Infrastructure Development

The Pune Metropolitan Region has witnessed massive infrastructure development in recent years. From new highways to the expansion of the metro network, the city’s infrastructure is evolving to accommodate its growing population. These developments have opened up new areas for real estate investment and enhanced connectivity within the city.

Investment Tip: Keep an eye on upcoming infrastructure projects; they often lead to substantial appreciation in property values.

4] Cultural and Educational Hub

Pune’s rich cultural heritage and renowned educational institutions make it a preferred choice for students and professionals alike. The city’s educational sector consistently attracts students from across India and the world. As a result, the demand for rental properties near colleges and universities remains high.

Investment Tip: Consider investing in properties near educational institutions for a steady stream of tenants.

Benefits of Investing in Pune Real Estate

Investing in Pune real estate can offer a number of benefits, including:

• High capital appreciation: Pune’s real estate market has been consistently appreciating over the years. This means that investors can expect to make good returns on their investment.
• Rental income: Pune is a major commercial hub, and there is a high demand for rental housing. This means that investors can generate a steady rental income from their properties.
• Good liquidity: The Pune real estate market is very liquid, meaning that investors can easily sell their properties if they need to.

Real Investment News

1] Pune Real Estate: Residential Rates Up 11.03% In 12 Months, Should You Invest?

Read more at: [ Pune Real Estate: Residential Rates Up 11.03% In 12 Months, Should You Invest? (msn.com) ]

2] Pune’s residential real estate market again proved its strength in 2022 as demand increased convincingly after
the pandemic.

Read more at: [ Pune Housing Market – Review of 2022 and Predictions for 2023 – Punekar News ]

3] Pune Real Estate Market Sees 11.03% Surge in Residential Rates in 12 Months

Read more at: [ Pune Real Estate Market Sees 11.03% Surge in Residential Rates in 12 Months – PUNE.NEWS ]

Latest News on Pune Real Estate Market

• Pune Metro to boost real estate market: The Maha-Metro Rail, which is going to be the most significant mode of transport for Punekars, will have a favourable and positive impact on the Pune’s Real Estate sector

• New IT parks to come up in Pune: With the Information Technology industry witnessing a stable growth,99 IT parks are coming up in Pune,with some already under construction,revealed government officials and industry associations.

Conclusion

In conclusion, Pune’s real estate market is on an upward trajectory, driven by economic growth, IT expansion, infrastructure development, and its status as a cultural and educational hub. The city’s potential for high returns on investment is evident from recent news articles and newsletters that highlight its growth and stability. If you’re looking for a promising real estate investment opportunity, Pune should be at the top of your list. Don’t miss out on the chance to be a part of Pune’s real estate success story!

The post Why is Pune’s Real Estate Market Booming? appeared first on Bhatnagars Real Estate.

Introduction

Pune, the cultural capital of Maharashtra, is one of the most sought-after real estate destinations in India today. The city is known for its pleasant climate, strong economic growth, and vibrant lifestyle. Pune is also a major educational and IT hub, which attracts a large number of people from all over the country. Pune has witnessed a significant boom in its real estate market In recent years. This is due to several factors, including:

• Strong economic growth: Pune is one of the fastest-growing cities in India, with a GDP growth rate of over 8% per annum. This economic growth is driving demand for both residential and commercial properties in the city.
• Favorable demographics: Pune has a young and growing population, with over 50% of its population below the age of 30. This young and aspirational population is a major driver of demand for real estate in the city.
• Investment potential: Pune is a great place to invest in real estate, as the city is expected to continue to grow in the coming years. This is due to several factors, including its strong economic growth, favorable demographics, and improving infrastructure.

Benefits of investing in Pune real estate

There are several benefits to investing in Pune real estate. Some of the key benefits include:

• High rental yields: Pune has one of the highest rental yields in India, making it a great investment for investors looking for a steady stream of income.
• Capital appreciation: Property prices in Pune have been appreciating steadily over the past few years, and this trend is expected to continue in the coming years. This makes Pune a great investment for investors looking for capital appreciation.
• Good infrastructure: Pune has a well-developed infrastructure, with good roads, public transportation, and social infrastructure. This makes the city a desirable place to live and work.
• Quality lifestyle: Pune offers a good quality of life, with a pleasant climate, green spaces, and a vibrant cultural scene. This makes the city a desirable place to live and raise a family.

Pune stands out as India’s most affordable and preferred metro city for real estate investments.

Let’s delve into the reasons behind Pune’s growing prominence in the real estate market.

1] Booming Real Estate Sector in Pune

Pune’s real estate sector has witnessed an unprecedented boom in recent years. This city, nestled in the western state of Maharashtra, has become a hub for professionals and entrepreneurs alike. Its thriving job market, primarily driven by the IT and manufacturing sectors, has attracted a diverse pool of talent from across the country. As a result, the demand for housing in Pune has soared, leading to a burgeoning real estate market.

2] Affordability Redefined

One of Pune’s standout features is its affordability compared to other major metro cities in India. As property prices in cities like Mumbai and Delhi have reached astronomical heights, Pune offers relief for those looking to invest in real estate. The cost of living in Pune is notably lower, making it an attractive destination for those seeking quality homes without breaking the bank.

3] Variety of Housing Options

Pune caters to a wide spectrum of homebuyers, from young professionals seeking chic apartments in bustling neighborhoods to families looking for spacious houses in tranquil suburbs. The city boasts a diverse range of housing options to suit different preferences and budgets. Whether you’re eyeing a trendy condominium in Koregaon Park or a serene villa in Kothrud, Pune has it all.

4] Infrastructure and Connectivity

Pune’s infrastructure has undergone significant development, enhancing the overall quality of life. The city boasts well-maintained roads, modern public transportation, and a burgeoning network of metro lines. This improved connectivity not only makes commuting a breeze but also adds to the city’s real estate allure. Accessibility to major IT parks, educational institutions, and entertainment hubs further sweetens the deal.

5] Robust Rental Market

For those who wish to dip their toes into the real estate market without committing to a full purchase, Pune offers a thriving rental market. The city’s transient population, consisting of students, working professionals, and expatriates, has created a strong demand for rental properties. This presents a lucrative opportunity for real estate investors to secure a steady rental income.

6] Investment Potential

Investors are increasingly paying attention to Pune due to its promising investment potential. The city’s real estate market has shown resilience and steady appreciation over the years. With a burgeoning IT sector and a growing number of startups, continues to attract businesses, ensuring a steady influx of professionals and, subsequently, a thriving real estate market.

Most popular news articles on Pune real estate investment

Here are some of the most popular news articles on Pune real estate investment:

1] Pune beats the real estate blues, clocks highest sale in the country

Read more at: [https://indianexpress.com/article/cities/pune/pune-real-estate-market-2020-update-2021-outlook-7111443/ ]

2] Pune apartment prices rise 11% but sales down 8%, says GERA report

Read more at: [https://www.moneycontrol.com/news/business/real-estate/pune-apartment-prices-rise-11-but-sales-down-8-says-gera-report-10933491.html ]

3] Pune is India’s most affordable and preferred metro city in the real estate market: CRE Matrix Report

Read more at:

[https://indianexpress.com/article/cities/pune/pune-is-indias-most-affordable-and-preferred-metro-city-in-the-real-estate-market-cre-matrix-report-8927727/ ]

Conclusion

Pune is a great place to invest in real estate, as the city is expected to continue to grow in the coming years. This is due to several factors, including its strong economic growth, favorable demographics, and improving infrastructure. It also offers a good quality of life, with a pleasant climate, green spaces, and a vibrant cultural scene.

If you are looking to invest in real estate, Pune is a great option to consider. With its strong economic growth, favorable demographics, and improving infrastructure, Pune is well-positioned to witness continued growth in its real estate market in the coming years.

The post Pune: India’s No.1 Real Estate Destination Today – Why is that? appeared first on Bhatnagars Real Estate.

Investing in Pune’s Luxury Real Estate. In the dynamic world of real estate, Pune stands as a shimmering gem, beckoning investors towards its luxury property market. This article is your gateway to understanding the compelling reasons, benefits, and potential risks associated with investing in high-end properties in Pune.

Pune’s Real Estate Ascendancy

Pune’s ascent in the real estate arena is not by chance; it’s a culmination of strategic factors.

1. Thriving IT Hub Fueling Growth

The city’s thriving Information Technology (IT) sector has attracted professionals from across the nation. The presence of IT giants like Infosys, Wipro, and Tech Mahindra has led to an influx of high-income earners, creating a consistent demand for luxury residences. Pune has truly become a tech-savvy metropolis.

2. Academic Excellence Draws Attention

Pune is renowned as the “Oxford of the East” due to its prestigious educational institutions. Home to the University of Pune, Fergusson College, and the Film and Television Institute of India, among others, the city perpetually welcomes students and faculty members. Consequently, the demand for luxury housing options remains evergreen.

3. Infrastructure Transformation

Infrastructure developments have redefined Pune’s landscape. The ongoing expansion of the Pune Metro, improved road networks, and the establishment of dedicated business districts have elevated Pune’s stature as a lucrative real estate destination.

4. Cultural Charisma and Historical Splendor

Pune’s cultural heritage and historical landmarks are magnetic. Owning a property steeped in history and culture is a unique proposition. Iconic sites like Shaniwar Wada, Aga Khan Palace, and the Osho International Meditation Resort add to Pune’s allure.

Balancing Act: The Risks

While Pune’s luxury real estate market is promising, prudence is key.

1. Market’s Ebb and Flow

Market volatility is a reality in real estate. Economic downturns can impact property values, so it’s vital to conduct thorough market research and adopt a long-term investment perspective to cushion against market fluctuations.

2. Regulatory Realities

Government policies and regulations can influence real estate investments. Staying informed about these changes is paramount. Pune has witnessed adjustments in property-related regulations in the past, underlining the need to remain vigilant and adapt.

3. Exceptional Returns on Investment

Investing in luxury real estate in Pune can yield exceptional returns on investment. The city’s burgeoning economy and growing demand for high-end properties mean that the value of your investment can appreciate significantly over time.

Navigating the Sea of Information: Pune’s Real Estate News

Stay updated on Pune’s luxury real estate market with these informative articles:

“Pune’s Real Estate Sees Record Growth in 2023”
– Discover the remarkable growth in Pune’s real estate market in 2023.
Read more

“Pune Real Estate market in next 10 years”
– Pune is among the few cities in India that have accelerated steadily and has made it among the 100 top cities in the country for its Real Estate sector.
Read more

Bhatnagar’s Real Estate: A Legacy of Excellence

In your quest for luxury real estate in Pune, trust Bhatnagar’s Real Estate, where experience meets excellence. With decades of industry expertise, Bhatnagars has consistently delivered exceptional real estate solutions in Pune. Their commitment to client satisfaction and deep market knowledge makes them your ideal partner. Explore their offerings at Bhatnagars Real Estate.

Unlocking the Potential of Pune’s Luxury Real Estate

To conclude,

Investing in Pune’s luxury real estate market can be a strategic decision given its robust economy, educational institutions, and burgeoning infrastructure. However, it’s imperative to navigate potential risks wisely. Armed with the right knowledge and guidance, this investment could become the cornerstone of your financial portfolio.

This article has illuminated Pune’s luxury real estate landscape, showcasing its strengths and potential pitfalls. Whether you’re a seasoned investor or new to the real estate market, Pune’s dynamic environment beckons. The city’s rich cultural heritage, booming economy, and expanding infrastructure combine to create a compelling destination for luxury real estate investments. To realize the full potential of this opportunity, seek advice from seasoned real estate professionals like Bhatnagar’s Real Estate, who bring decades of expertise to the table. By staying informed and taking calculated risks, you can unlock Pune’s luxury real estate market’s full potential.

The post Investing in Pune’s Luxury Real Estate: Is it Worth the Splurge? appeared first on Bhatnagars Real Estate.

7 Points to Remember Before Buying Properties

Are you considering investing in real estate in Pune, one of India’s most vibrant and dynamic cities? Buying a property can be a lucrative venture, but it requires careful consideration and planning. In this comprehensive guide, we will walk you through seven Property Buying Secrets to remember before making that significant investment.

1. Location: The Key to a Successful Investment

Unveiling the Essence of Location: Your Path to Rewarding Investments

In the captivating world of property acquisition, one principle reigns supreme: location. As you delve into Pune’s real estate tapestry, diverse neighborhoods offer unique charms and investment potential. Your task? Decipher your preferences—urban vibrancy or serene suburbia—and select a location aligned with your needs.

Certain areas, like Koregaon Park and Boat Club Road, have stood the test of time, consistently appreciating in value. This allure is primarily attributed to their strategic positioning. For families and seniors, access to top-notch medical facilities is pivotal. Between Boat Club Road and Koregaon Park, world-class medical options flourish, underscoring the location’s pivotal role.

In the realm of property investment, location emerges as the guiding star, illuminating your choices. Whether it’s an urban symphony or suburban serenity, let your chosen locale harmonize with your investment goals and aspirations

2. Builder’s Reputation: Ensuring Quality and Reliability

Before finalizing a property, thoroughly research the builder’s reputation. Look for established developers with a track record of delivering high-quality constructions and timely possession. Customer reviews and testimonials can provide valuable insights into a builder’s reliability.

3. Lifestyle Matters

Pune’s real estate market caters to various lifestyles. Whether you’re a young professional seeking a trendy urban loft or a family in search of a serene suburban haven, Pune offers a diverse range of properties that align with your lifestyle aspirations.

4. Parking: A Prerequisite for Urban Living

Parking can be a critical factor, especially in urban areas with limited space. Ensure the property provides sufficient parking spaces for both residents and visitors. Ample parking facilities add convenience and value to the property.

5. Security: Prioritizing Safety and Peace of Mind

While a neighborhood might appear serene and idyllic during the early hours, its atmosphere can change dramatically come evening. It’s important to remember that what seems safe now might not necessarily stay that way in the future. Therefore, it’s unwise to solely rely on a single aspect when making your decision. Engaging with a realtor who possesses an in-depth understanding of the area’s evolution over time and is well-acquainted with both existing and upcoming development plans can provide invaluable insights. After all, having a comprehensive perspective can make all the difference in your investment journey.

6. Future Development Plans: Understanding the Prospects

Research the development plans for the neighborhood where the property is located. Upcoming infrastructure projects, commercial developments, and transportation enhancements can significantly impact property values and rental demand in the future.

7. Acquire Expertise Through Trusted Realtors

Navigating the complexities of property acquisition is made smoother with the guidance of a seasoned realtor. A quality real estate agent who possesses an in-depth understanding of the area garnered through consistent and successful business over time, can be an invaluable asset. Their insights can lead you to properties that align with your goals and preferences, ensuring a well-informed decision.

At Bhatnagars, we exemplify this ethos. With a legacy of excellence and a reputation for delivering outstanding results, we are committed to helping you make sound investment choices. Our intimate knowledge of Pune’s real estate landscape empowers us to guide you toward properties that offer both financial potential and a fulfilling lifestyle.

Pune Property Market Unveiled: Top Headliners That Will Amaze You!

Welcome to the vibrant and dynamic world of Pune’s property market! If you’re considering investing in real estate in this bustling city, get ready to be captivated by the top headliners that make Pune an exciting investment destination. In this blog, we’ll explore the benefits of investing in Pune, share popular news articles to keep you informed and introduce you to some captivating newsletters that will guide you on your real estate journey.

Popular News Articles

Stay updated with the latest trends and developments in Pune’s property market through these informative news articles: Pune registers over 54 % growth in real estate, claims survey Against 46,080 in 2021, a total of 84,200 units/projects of real estate were completed in the city in 2022, the latest survey by property consultant Anarock claims.

Read more in this article: 

[ Pune registers over 54 % growth in real estate, claims survey | Pune News – The Indian Express ]

Pune real estate has clocked sales of around 53,000 housing units in the period between January and July 2021 as compared to about 49,000 housing units between January and July 2019 indicating an almost 8% growth

Read more in this article: 

[ Pune real estate sees 8% growth in sales volume, 27% in value: report – Hindustan Times ]

What makes Pune a promising real estate investment destination for millennials Most investors consider Pune as one of the most profitable and viable locations to invest in residential real estate.

Read more in this article: 

[ What makes Pune a promising real estate investment destination for millennials | The Financial Express ]

Top Benefits of Investing in Pune

Now that we’ve explored the key considerations when working with a realtor, let’s delve into some of the benefits of investing in Pune.

1. Pune’s Real Estate Market on the Rise

Pune’s real estate market has been experiencing steady growth, making it a promising investment destination. With the city’s booming IT sector, more professionals are seeking accommodation, creating a high demand for properties.

2. High Return on Investment (ROI)

The flourishing market and increasing demand for housing have led to attractive returns on investment in Pune. Smart investment choices can yield substantial profits over time.

3. Infrastructural Development

Pune’s infrastructure development has been remarkable, with the government focusing on enhancing transportation and connectivity. These improvements add value to properties and benefit investors in the long run.

4. Emerging Suburban Areas

The outskirts of Pune are witnessing significant development, offering affordable yet lucrative investment opportunities. A realtor will guide you to these emerging suburban areas with great potential.

5. Thriving Rental Market

Pune’s thriving rental market makes it an appealing option for investors looking to earn passive income. A realtor will help you find properties that cater to the rental market, ensuring a steady stream of income.

6. The Rise of Co-Working Spaces

The city’s growing startup culture has led to a surge in co-working spaces. Investing in commercial properties for co-working purposes can be a lucrative option, and a realtor will identify such opportunities.

7. Green and Sustainable Initiatives

Pune is embracing sustainability, and properties with eco-friendly features are gaining popularity. A realtor can help you discover green properties that align with environmental consciousness.

8. Government Initiatives and Incentives

The government of Maharashtra has introduced several incentives and policies to boost the real estate sector. A realtor will keep you updated on these schemes, ensuring you make the most of available benefits.

9. Cultural and Educational Hub

Pune’s rich culture and renowned educational institutions attract students and young professionals. Investing in properties close to these centers can yield excellent rental returns.

10. Strong Sense of Community

Pune offers a warm and welcoming community, making it an attractive destination for families and individuals alike. A realtor will introduce you to neighborhoods with a strong sense of community, ensuring a comfortable living experience.

conclusion, 

“Property Buying Secrets Unveiled: 7 Key Tips for a Lucrative Investment” 

emphasizes the significance of partnering with a skilled realtor while venturing into Pune’s thriving real estate market. From guiding you to the perfect location and reputable builders to prioritizing essential amenities and security, a realtor’s expertise ensures a smooth and successful investment journey.

Investing in Pune offers a host of advantages, including a booming real estate market, high returns on investment, and promising infrastructural developments. The city’s emerging suburban areas, flourishing rental market, and focus on sustainability add to its allure as an investment destination.

As you embark on your real estate investment journey, stay informed of the latest news and trends through popular articles and newsletters. Keep yourself updated on the city’s property market and government initiatives to make well-informed decisions.

And now, if you’re ready to explore the exciting opportunities in Pune’s real estate market, consider partnering with Bhatnagar’s Real Estate, a reputable and experienced agency dedicated to providing top-notch services to investors like you. With their in-depth knowledge of the market and commitment to customer satisfaction, Bhatnagar’s Real Estate is your ideal partner in making profitable investment choices.

For more information and to get started on your real estate journey,

visit their website at [https://bhatnagars.co.in/].

Experience the seamless and rewarding process of investing in Pune with Bhatnagar’s Real Estate by your side. Happy investing!

The post Property Buying Secrets Unveiled: 7 Key Tips for a Lucrative Investment appeared first on Bhatnagars Real Estate.

Introduction

Investing in real estate has long been considered a lucrative and reliable way to build wealth. While it may seem daunting at first, with the right strategies and knowledge, real estate investment can provide substantial returns and financial security. In this blog post, we will explore some of the top strategies for wealth building through real estate investment in Pune. and we’ll also provide you with real news articles on the biggest deals in the last 12 months, making this information more current and informative.

See the headliners first to see some recent industry indicators that make us excited about the property market in Pune!

Pune Property Market Headliners!

As per the latest report by Anarock Research and reported as below on 28^th June 2023 by Business Today, “Pune saw the highest jump in the number of units sold at 65 per cent. It sold 20,680 units in Q2 2023. MMR saw housing sales increased by 48 per cent with 38,090 units sold” Despite rising home loan rates, housing sales in the second quarter of 2023 greatly outpaced the previous peak in the first quarter of 2023, according to Anarock Research. Despite several worldwide economic challenges such as layoffs and rising loan rates, the housing sector’s bull run continued in the second quarter of the year. Mumbai Metropolitan Region (MMR) and Pune accounted for 51% of total sales among the top seven cities. According to Anarock, 58,770 copies were sold in these cities.

Read more at this article:

https://www.businesstoday.in/real-estate/story/housing-sales-at-all-time-high-despite-economic-headwinds-pune-sees-65-jump-in-sales-anarock-387373-2023-06-28

After the Mumbai real estate market, one of the most promising real estate markets in Maharashtra is Pune, a city located approximately four hours’ drive from Mumbai, the country’s financial hub.

“The average size of apartments in Pune for the top ten developers is about 1,000 sq ft., and 850 to 950 sq.ft carpet for small and mid-sized developers.” In Mumbai, the typical size is 600 to 650 square feet. “After Covid-19, the average size of an apartment increased by 50 to 100 sq ft in both of these markets as homebuyers demanded more space,” said Aniket Dani, Director-Research, CRISIL Market Intelligence and Analytics.

According to developers, the sizes of flats in newer neighborhoods like Kharadi and Wagholi, as well as IT hotspots like Hinjewadi and Balewadi, are getting smaller. However, in classic Pune neighborhoods such as Koregaon Park, Camp Area, and Kothrud, flat sizes have remained significantly higher.

Read more at this article:

https://www.moneycontrol.com/news/business/real-estate/is-the-pune-real-estate-market-going-the-mumbai-way-10774551.html

“Luxury real estate has seen a significant increase in demand following the pandemic, as homebuyers reconsidered their housing preferences.” “In addition to seeking larger spaces, there is now a greater demand for technologically advanced homes that provide convenience and a sense of ownership,” according to the survey.

All of these units sold are worth 3.47 lakh crore, which is 48% more than in FY22. Surprisingly, Pune saw the biggest increase in sales value, at 77%, followed by Hyderabad and Bengaluru. In Chennai, value growth was 24% in FY23. According to Business Insider

Read more at this article:

https://www.businessinsider.in/business/news/pune-records-highest-growth-in-value-of-sales-in-fy-2023-in-real-estate-sector/articleshow/100248069.cms

Real Estate Investment Strategies

1] Start with a Clear Investment Goal

Before diving into real estate investment, it’s crucial to establish your investment goals. Having a clear vision of what you want to achieve will help shape your investment strategy. Are you looking for long-term rental income, short-term gains through property flipping, or a combination of both? Defining your objectives will help you narrow down the types of properties and investment strategies that align with your goals.

2] Conduct Thorough Market Research

One of the keys to successful real estate investment is conducting thorough market research. Understanding the local market dynamics, such as supply and demand, rental rates, and property appreciation trends, will guide your investment decisions. Look for areas with strong economic growth, job opportunities, and a stable real estate market. Analyzing market data and working with experienced real estate professionals can provide valuable insights to make informed investment choices.

3] Invest in Income-Generating Properties

Investing in income-generating properties, such as rental properties, can provide a steady stream of cash flow and long-term wealth accumulation. When selecting rental properties, consider factors like location, rental demand, and potential for appreciation. Conducting a thorough analysis of the property’s rental income potential and expenses will help you estimate the return on investment (ROI) and make sound investment choices. Additionally, hiring a property management company can ease the burden of day-to-day operations.

4] Keep an Eye on Real Estate Market Trends

Staying informed about the latest trends and developments in the real estate market is crucial for successful investing. Monitor factors like interest rates, housing supply, and demographic shifts that can impact the demand for properties. Understanding market trends allows you to make proactive decisions, such as adjusting your investment strategy, timing your purchases, or exploring emerging markets. Having a strong local partner with a consistent track record is key for this.

Conclusion

Real estate investment can be a powerful wealth-building strategy, offering a range of opportunities for investors. By setting clear goals, conducting thorough research, investing in income-generating properties, staying updated on market trends, and planning for long-term appreciation, you can maximize your chances of success.

When considering your real estate investment options, partnering with a reputable and experienced real estate company is essential. Bhatnagar’s Real Estate Company has a proven track record of helping investors achieve their financial goals through strategic real estate investments. With their extensive market knowledge and personalized approach, they can guide you in making informed decisions and provide expert advice throughout your investment journey.

Remember, investing in real estate requires careful planning, due diligence, and continuous education. By following the strategies outlined in this blog post and working with a trusted real estate company you can unlock the full potential of real estate

Bhatnagar’s Real Estate Company: Your Trusted Partner in Unlocking Lucrative Real Estate Opportunities Since 1978

Welcome to Bhatnagar’s Real Estate, where decades of invaluable experience make us the go-to choice for investors seeking long-term wealth growth through property investments in Pune.

Our Edge:

1. Extensive Market Knowledge: With an in-depth understanding of Pune’s diverse real estate markets, we make well-informed decisions backed by top-notch business intelligence. Spotting emerging markets and lucrative opportunities is our specialty, ensuring substantial returns for you.
2. Expert Guidance: Navigating the real estate world can be daunting, but fear not! Our expert guidance is tailored to your unique goals and preferences. From thorough market research and property analysis to exploring financing options and crafting effective negotiation strategies, we’ve got your back.
3. Wide Network and Access: Our vast network of industry professionals gives us exclusive access to off-market deals and pre-construction projects. Gain an edge in securing high-potential properties that others might miss.

Experience the Difference:

Trust forms the bedrock of our success. At Bhatnagar’s Real Estate, we take pride in delivering outstanding real estate investments with a proven track record of excellence. Our unwavering commitment to personalized service has earned the loyalty of investors seeking long-term wealth growth through real estate.

Ready to embark on a successful investment journey? Choose Bhatnagar’s Real Estate Company today and unlock the most lucrative opportunities. Contact us now!

The post Real Estate Investment Strategies: Unleashing Wealth-Building Potential appeared first on Bhatnagars Real Estate.

Top Ten Benefits for You

Are you planning to venture into the world of real estate investment? If so, working with a trusted realtor can provide you with a myriad of benefits that can enhance your investment experience. From gaining valuable insights and informed market overviews to having a support system at your disposal, a realtor can be your oe stop guide to success. In this article, we will explore the top ten benefits of working with a realtor and how a realtor can help you make the most out of your real estate investment journey.

1] Gain from Shared Information

One of the significant advantages of working with a trusted realtor is access to shared up to date market information. Realtors have extensive knowledge of the local real estate market, including recent trends, property values, and upcoming developments. By collaborating with an experienced realtor, you gain access to this valuable information, empowering you to make informed investment decisions.

2] Informed Market Overview

When it comes to real estate investment, staying updated with the market is crucial. A realtor can provide you with an informed market overview, keeping you abreast of changes in property prices, market demand, and investment opportunities. With their expertise, they can guide you towards making strategic decisions that align with your investment goals.

3] Mark Your Attendance

Attending property viewings and coordinating with property owners & brokers can be time-consuming, especially when you have a busy schedule. However, with a realtor by your side, you can mark your attendance without any hassle. They will schedule and accompany you to property visits, ensuring you don’t miss out on potential investment opportunities.

4] Paper Load Management

Navigating the paperwork involved in real estate transactions can be overwhelming, particularly for first-time investors. Realtors are well-versed in the intricacies of documentation and can efficiently manage the paperwork on your behalf. This saves you valuable time and minimizes the chances of errors or omissions.

5] Sharp Spotting

Spotting the right investment opportunity requires a keen eye and market expertise. A skilled Realtor possesses the skills to identify properties with high potential for appreciation or rental income. They analyze various factors such as location, neighborhood development, and market demand to help you make smart investment choices.

6] Support System

Embarking on a real estate investment journey can sometimes feel daunting. However, with a realtor as your support system, you can overcome challenges with confidence. They offer guidance, answer your questions, and provide valuable insights throughout the entire process, ensuring you stay on the right track towards success.

7] Updated Guidance

Real estate regulations and practices are subject to change, making it essential to have access to updated guidance. A realtor stays updated with the latest industry trends, legal requirements, and financing options. By working with a realtor, you benefit from their up-to-date knowledge and expertise, helping you navigate the dynamic real estate landscape.

8] The Third Umpire

In the world of real estate, having a neutral third party to assess and evaluate properties can be invaluable. A realtor acts as your “third umpire,” providing an unbiased opinion and helping you assess the pros and cons of potential investment opportunities. Their professional advice can prevent you from making hasty decisions and steer you towards profitable investments.

9] Money Well Spent

Contrary to popular belief, working with a realtor doesn’t necessarily mean additional expenses. It can actually help you save money in the long term. Realtors have in-depth knowledge of property values, negotiation tactics, and market trends. They can help you secure properties at favorable prices, ensuring that your investment is indeed money well spent.

10] Multiple Options

The real estate market offers a plethora of investment opportunities, but identifying the right one can be challenging. A realtor can present you with multiple options that align with your investment preferences, enabling you to choose from a wide range of properties, locations, and investment strategies. Their extensive network and market connections open doors to opportunities you might not have discovered otherwise.

Real Investment News

“Breaking Records: Pune Real Estate Market Witnesses Unprecedented Growth in 2023,” says the headline.

In recent news, the Pune real estate market has experienced a significant surge in growth, surpassing all previous records. The market has seen a substantial increase in property values, presenting lucrative opportunities for investors. This boom in the real estate sector is attributed to the city’s expanding infrastructure, robust economy, and favorable investment climate.

Pune Real Estate Investment Newsletters

Stay updated with the latest developments and trends in the Pune real estate market by subscribing to our exclusive newsletters. Our newsletters provide comprehensive insights, expert analysis, and investment tips to help you make informed decisions. Sign up today and embark on a successful real estate investment journey in Pune!

Conclusion

Working with a trusted realtor can be a game-changer in your real estate investment journey. From gaining access to shared information and informed market overviews to having a support system and a third umpire on your side, the benefits are undeniable. By collaborating with such a realtor, you can maximize your real estate investment, make confident decisions, and embark on a path towards financial success.

Remember, when it comes to real estate investment, working with a realtor is not just an option but a strategic move towards success!

Bhatnagars Real Estate: Your Trusted Partner Since 1978

As a trusted name in the real estate industry, Bhatnagars Real Estate has been serving investors like you since 1978. With our extensive experience, market expertise, and commitment to client satisfaction, we have established ourselves as a reliable partner for real estate investment in Pune. Contact us today and discover how we can help you achieve your investment goals.

FAQs (Frequently Asked Questions)

Q1. How can a realtor provide informed market overviews?

A realtor has access to comprehensive data and market insights, allowing them to analyze market trends, property values, and investment opportunities. They use this information to provide you with up-to-date and informed market overviews, guiding your investment decisions effectively.

Q2. Do I have to pay extra for working with a realtor?

As a buyer, you typically don’t have to pay the realtor directly. In most cases, the realtor’s commission is covered by the seller. However, it’s essential to discuss the specifics with your realtor to ensure a clear understanding of any potential costs involved.

Q3. Can a realtor help me with property financing?

Realtors can provide guidance and connect you with mortgage brokers or lenders who specialize in real estate financing. They can assist you in navigating the financing process and help you find suitable options based on your financial situation.

Q4. How do realtors spot the right investment opportunities?

Realtors have extensive market knowledge and experience, allowing them to assess various factors such as location, market demand, property condition, and potential appreciation. By analyzing these elements, they can identify properties with the highest investment potential.

Q5. Can I work with a realtor for commercial real estate investments?

Yes, realtors specialize in both residential and commercial real estate. If you’re looking to invest in commercial properties, partnering with a realtor who has expertise in the commercial sector can provide you with valuable insights and guidance.

By combining the expertise of a realtor with your investment goals, you can unlock the full potential of your real estate endeavors and achieve long-term financial growth.

Remember, when it comes to real estate investment, working with a realtor is not just an option but a strategic move towards success!

The post Working with a Trusted Realtor: Top Ten Benefits for You appeared first on Bhatnagars Real Estate.

[ Real Estate Investment in Pune ]

Introduction:

Real Estate Investment in Pune is a profitable opportunity for individuals seeking long-term financial growth. As cities continue to expand, it’s essential to identify up-and-coming neighborhoods that offer promising returns on buying. In this article, we’ll explore the hottest up-and-coming neighborhoods in Pune, India, where real estate buying is on the rise. Whether you’re a experienced buyers or just starting your journey, these neighborhoods present exciting chances for growth and profitability.

1] Understanding Pune’s Real Estate Market

Pune, often referred to as the “Oxford of the East,” is a rapidly developing city with a thriving real estate market. It is home to a burgeoning IT sector, schools, and a growing population. Real Estate Investment in Pune offers a diverse range of properties catering to various budget segments. This vibrant city presents numerous opportunities for real estate buyers looking for high returns.

2] Koregaon Park (KP) – The Trendsetter

Koregaon Park, one of Pune’s most sought-after neighborhoods, has emerged as a innovator in real estate buying. Known for its upscale residential apartments, high-end commercial spaces, and vibrant social scene, KP attracts a selective customers. The area’s proximity to major business hubs, learning centers and entertainment centers contributes to its desirability among buyer.

3] Kharadi – A Commercial and Residential Hotspot

Kharadi, situated in the eastern part of Pune, has transformed from a quiet suburb into a bustling commercial and residential hub. With the establishment of prominent IT parks, commercial complexes, and the EON IT Park, Kharadi has become a popular choice for IT professionals. The neighborhood offers a wide range of residential options, from luxury apartments to affordable housing, making it an attractive investment choice.

4] Wakad – Affordable and Growing

Wakad, located in the north-western part of Pune, is witnessing rapid development and upgraded services. This emerging neighborhood is known for its affordability and proximity to major IT parks like Hinjewadi and Baner. buyers looking for budget-friendly options and high rental yields should keep an eye on Wakad’s real estate market.

5] Baner – The Elite Suburb

Baner, situated in the western part of Pune, has gained prominence as a upscale residential area. With its close proximity to the Mumbai-Pune Expressway and Pune-Bangalore Highway, Baner offers excellent connectivity to major business centers and entertainment hubs. The neighborhood boasts posh apartments, villas, and premium commercial spaces, making it a lucrative investment option.

6] Undri – Tranquility and Growth

Undri, located in the southern part of Pune, is known for its serene ambiance and green spaces. The neighborhood has witnessed significant infrastructural developments, including the widening of the Katraj-Hadapsar Bypass Road. Undri provides a blend of budget-friendly and affordable homes, appealing to young individuals and families in search of a tranquil yet easily reachable neighborhood.

7] Kalyani Nagar – Luxury and Convenience

Kalyani Nagar, located in eastern Pune, is another neighborhood that demands attention from real estate buyers. With its thoughtfully designed facilities, premium residential buildings, and commercial establishments, Kalyani Nagar offers luxury and ease in equal measure. The area’s proximity to major IT parks, shopping malls, and entertainment options makes it an attractive buying option.

8] Sopan Baug – Serenity and Exclusivity

Sopan Baug, situated in the heart of Pune, is known for its peaceful environment and exclusivity. Surrounded by lush greenery, this upscale neighborhood offers a serene retreat from the bustling city life. Real Estate Investment in Pune at Sopan Baug provides an opportunity to own posh villas and roomy apartments in a well-established and high-class neighborhood.

9] Boat Club Road – Prestige and Opulence

Boat Club Road, a prime location in Pune, represents luxury and prestige in the real estate market. The area boasts posh homes, lavish penthouses, and upscale apartment buildings. With its nearness to popular landmarks, business districts, and recreational spots, buying in Boat Club Road guarantees a upscale living and promising returns.

Conclusion

In conclusion, Pune’s real estate market is currently experiencing remarkable growth, offering numerous chances for buyers. Moreover, there are several emerging neighborhoods that hold immense potential for investment. Notably, Hinjewadi, Kharadi, Wakad, Baner, and Undri have emerged as some of the most popular areas. These neighborhoods cater to diverse investment choices, whether it’s maximizing rental yields, long-term appreciation, or a balanced combination of both. However, it is crucial to conduct thorough research, closely analyze market trends, and seek advice from dependable real estate agents to make well-informed investment decisions. By employing this detailed approach, buyers can navigate Pune’s real estate landscape with confidence and seize positive chances.

By seizing the available chances by these up-and-coming neighborhoods, real estate buyers can position themselves for financial success in Pune’s thriving property market.

Remember, investing

Since 1978, Bhatnagar’s has been serving the luxury real estate market, focusing on prime locations in Pune such as Koregaon Park, Boat Club Road, Kalyani Nagar, Sopan Baug, NIBM, Kharadi, Magarpatta, Viman Nagar, Nagar Road, Bund Garden, Camp, Mundhwa, Aundh, Baner, and exclusive plots outside the city. With our extensive experience, we have established ourselves as one of Pune’s premier real estate firms.

When it comes to luxury properties and investment chances, Bhatnagar’s is your trusted partner. Our vast collection includes a diverse range of real estate, including residential, commercial, and investment projects. We pride ourselves on working with a confirmed network of trusted owners and clients, ensuring that you have access to the hottest new listings in Pune’s real estate market.

At Bhatnagar’s, we believe in building long-term relationships with our clients. Our dedicated team is committed to provide exceptional customer service and customized attention, ensuring that your real estate journey is seamless and successful.

As we move forward into 2023 and beyond, we are excited to serve you and assist in fulfilling your real estate goals. Contact us today to discover how Bhatnagar’s can be your trusted partner in the dynamic real estate market of Pune.

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Top Trends that Shaped India’s Housing Market in 2022

The year 2022 was a phenomenal year for the real estate sector, particularly the residential segment. Going by housing sales currently and in the first three quarters this year, 2022 will have breached the previous peak of 2014 with all-time high sales across the top 7 cities. Latest ANAROCK data projects total sales in the top 7 cities to exceed 3.6 lakh units in 2022 (in 2014, the previous peak year, 3.43 lakh units were sold.)

Pune’s residential real estate market again proved its strength in 2022 as demand increased convincingly after the pandemic. Even during the lockdown periods of 2020 and 2021, interest in buying homes in Pune remained strong but the true demand potential emerged only once people were free to visit sites again.

The interest rate hikes by the RBI in 2022 did result in demand pulling back to some extent, but this was temporary. Pune’s developers compensated as best as possible with cost-easing measures for customers by partially or fully waiving some of the statutory fees.

Rental demand explodes In Pune mid 2022

With more companies calling their employees back to the office, at the very least in the hybrid model, rental demand rose again after softening considerably during the worst of the pandemic. Rental market demand not only breached pre-pandemic levels but surpassed them, and many housing societies have few or no vacancies. Rentals rose 20-25% against pre-pandemic levels on average, with some of the more popular societies seeing more than 30% increase.

Residential rental markets across the top 7 cities have made a strong comeback after offices and schools reopened in 2022. Analysis of the average monthly rental trends across the leading luxury localities in the top 7 cities reveals that most markets have saw double-digit growth in the last two years, with only a few exceptions.

As per latest ANAROCK data, the average monthly rentals in the prominent luxury micro-markets across the top 7 cities increased anywhere between 8-18% in the last two years. Mumbai’s Worli saw the highest rental growth of 18% in the period – from INR 2 lakh per month in 2020 to INR 2.35 lakh in 2022 for luxury homes of minimum 2,000 sq. ft. area. Anuj Puri, Chairman – ANAROCK Group, says, “Residential rental demand skyrocketed across the top cities in 2022 with schools reopening classrooms and most companies calling employees back to offices. Pent-up rental demand hitting the market has caused a demand-supply mismatch in many areas, resulting in monthly rental hikes. Also, post-Covid tenant preference has tilted towards large-size homes.”

“Most prominent luxury housing markets witnessed double-digit growth in rentals in the last two years,” says Puri. “Pre-Covid, average 2-year luxury rental increases at a given time were largely single-digit, between 5-7%.” The luxury residential market has been on an upswing post the pandemic, with its overall sales share growing to about 14% in H1 2022. Even demand for rental luxury properties is on a high, resulting in growth in average monthly rentals. Pune – the rentals in Koregaon Park rose 14% in this period. Indeed we saw that in the popular branded societies, rental properties did not last a week on the market! After covid times it became super fast times Discover here Top Residential Property for Rent in Pune | Bhatnagars Realtors

The real estate market of Pune is in the blooming stage. Top builders namely: Goel Ganga, Panchshill, Godrej Properties, Kolte Patil Developers, Lodha Group, Pristine Properties, Kumar Properties etc. have their numerous projects that add up to the excellence of Pune. The market is expected to see a rising graph on both residential as well as commercial fronts, so much so that in coming years it will surpass the average of overall residential sales in the last five years which makes it the ideal time for investing in real estate! Here are some of the headlines that are testament to Pune’s sustainable real estate value:

Headline Deals in Pune in 2022 include:

• What’s Donald Trump Doing In Pune? The son, not the father. Donald Trump Jr. on Tuesday 13th December 2022 joined Mumbai-based real estate developer Tribeca Developers’ founder Kalpesh Mehta to announce Tribeca’s plan to add new projects in India under the Trump brand. The company plans to invest Rs 5,000 crores in new projects in 2023 of which half will be allocated to the Trump-Tribeca portfolio. The Trump Organization, said they were returning to the Indian markets after six years. They were now looking to grow their presence in the market along with their partner. Their products commanded a 20-50% premium in the real estate market, Trump said. Tribeca has the rights to the Trump brand in the Indian market. Tribeca is the largest developer of Trump properties outside North America. The Trump-Tribeca partnership has resulted in India becoming the largest market for Trump-branded properties outside of the US, said Donald Trump Jr.

• Godrej Properties has, on outright basis, acquired a 12-acre land parcel in Mundhwa-East, Pune. The development on this land will primarily be for a premium group housing project, the company said in a BSE filing. The project will have a developable potential of approximately 2.2 million sq ft with an estimated revenue potential of approximately Rs 2,000 crore. Most interesting as this demonstrates the development of this side of town that is now connecting affluent suburbs and thus increasing in value over the long term.  https://realty.economictimes.indiatimes.com/news/industry/godrej-properties-acquires-12-acre-land-parcel-in-pune/95380178

• Earlier in the year, in June 2022 Mastercard did ink a 20-year lease for 4.23 lakh sq ft office space in Brookfield’s Pune property. Mastercard Technology will be paying monthly rentals of Rs. 97.50 per sq ft for the leased space, taking the annual pay out to around Rs 50 crores for the leased space under the first phase. They have agreed a 10 year lock period. https://economictimes.indiatimes.com/industry/services/property-/-cstruction/mastercard-inks-20-year-lease-for-4-23-lakh-sq-t-office-space-in-brookfields-pune-property/articleshow/92362997.cms

• Tech giant Microsoft Corporation (India) has acquired 10.89 lakh sq ft of commercial plot in Pune from Finolex Industries for a consolidated amount of Rs 328.84 crore, documents accessed by Propstack showed. The commercial plot is located at Pimpri Waghere in Pune and has been acquired through an agreement with Finolex Industries to transfer the lease for Rs 328.84 crore, the documents showed. The company has paid a stamp duty of Rs 16.44 crore on the deal, the documents showed. Microsoft Corporation (India) refused to comment. “Pune is ideal for setting up large campuses due to the availability of quality real estate, affordable housing, and human resources. However, many corporates have preferred Bengaluru and recently Hyderabad for their expansions. This transaction could be the start of Pune emerging as a strong contender. I’m certain that we’ll have more such transactions over the next few quarters,” said Raja Seetharaman, co-founder of Propstack. https://www.moneycontrol.com/news/business/real-estate/microsoft-acquires-10-89-lakh-sq-ft-of-commercial-plot-from-finolex-industries-9351331.html

• Pune’s prominent luxury real estate developer, Marvel Realtors has consistently recorded a rise in the resale value of its properties as compared to the market.The year-on-year appreciation of Marvel properties across Pune has been up to 20% higher than the standard appreciation rates. Overall, Marvel properties are leading the luxury real estate market in Pune with investors benefiting from 7% to 12% appreciation as compared to the -3% to 8% appreciation witnessed by other premium properties in the same vicinity during the last year. Speaking about Marvel’s steady comeback and the robust appreciation in the Pune market, Mr. Vishwajeet Jhavar, Founder and CEO, Marvel Realtors, said, “Pune, with the presence of several national and international IT, banking, start-up, and manufacturing companies, has emerged as one of the coveted residential destinations with the demand for luxe living witnessing growth. Over the last decade, the demand for spacious apartments in the luxury real estate segment has surged. In line with their design philosophy, their apartments are up to 30 to 40% larger as compared to market offerings. Marvel apartments boast expansive spaces with sizes such as Marvel Aurum, Koregaon Park offering up to 5,200 sq. ft., Marvel Sangria, NIBM Road offering from 1,710 sq. ft. to 7,000 sq. ft., Marvel Aquanas, Kharadi ranging from 3,500 sq. ft. to 7,000 sq. ft. and Marvel Piazza, Viman Nagar ranging from 1,400 sq. ft. to 6,500 sq. ft. and apartment spaces. As there are only a few developers offering such spacious residences and with a higher demand for spacious and luxurious living Marvel has been performing above expectations with higher capital appreciation thereby rewarding its investors. Several existing Marvel customers have invested in as many as 3 to 5 Marvel residences. https://www.punekarnews.in/luxury-properties-by-marvel-realtors-record-capital-appreciation-of-almost-100-2/

What Does The Pune Real Estate Sector Look Like In 2023?

Positive expectations and upwards momentum have shown to sustain themselves and many experts do believe that it would continue like this in the coming year.

Time tested and popularly believed to be immune to market volatilities; the Indian real estate sector has remained faithful to investor expectations through the many ups and downs in the last couple of years. Positive expectations and upwards momentum have shown to sustain themselves and many experts do believe that it would continue like this in the coming year. Although young investors would be quick to characterize real estate as “slow” or “boring”, it could hardly be the case. Real estate has something for every kind of investor, except the ones that may actually be gamblers more than investors.

The housing market, the driver of growth and sustainer of the entire real estate economy is poised to witness an extremely impressive and potentially its best year in the near future. Residential sales are up by a whopping 51 per cent post the Covid-19 period. According to Reuters, prices are expected to rise nearly 7.5 per cent all over India (4-5 per cent in Mumbai and Delhi, 5.5-6.5 per cent in Chennai and Bengaluru) and a number of other economic indicators also favor a positive uptick.

Demand for flats in smaller projects is likely to reduce further as homebuyers focus on lifestyle aspects rather than the bottom line. The best-selling ticket sizes in 2023 will be from Rs. 70 lakh to 1.5 crores, followed by luxury homes costing Rs. 2 crores and above.

Interestingly, the demand for bigger, good quality homes in Pune from Mumbai citizens increased by over 20% in 2022 as more and more people from the financial capital looked for a better lifestyle. This trend will likely increase in 2023 as MMR’s problems with worsening air quality, urban chaos, and out-of-control housing prices worsen.

Government spending on infrastructure has been exemplary. The positive correlations of infrastructure development with all real estate asset classes is well established.

We believe 2023 will be an exciting year for the real-estate sector in India as the country moves ahead confidently on the path to growth, driven by government spending, private investments in manufacturing, and the geopolitical advantage for India due to the China situation bringing in FDI in manufacturing.

This big picture of the entire Indian economy heading into 2023 displays what can only be translated as positive signs, an 8-9 per cent overall growth, an expected rise in the jobs created, and a bounce back from the recent slump in the stock market. To conclude a growing economy in Pune, a return to the pre-pandemic working state, and the various government initiatives all combined are creating a very conducive environment for the prosperity of the Pune real estate market for 2023 and beyond.

At Bhatnagar’s we specialize at the top end of the market since 1978 in the areas of; Koregaon Park, Boat Club Road, Kalyani Nagar, Sopan Baug, NIBM, Kharadi, Margapatta, Viman Nagar, Nagar Road, Bund Garden, Camp, Mundhwa, Aundh, Baner as well as some specialist areas outside the city for the larger and more exclusive plots. Contact us about our current portfolio of real estate properties, projects and investment opportunities to see how we can serve you going into 2023 and beyond.

Check our website out for hot new listings from our long standing verified network of trusted owners and clients: Top Real Estate Agents in Pune | Bhatnagars Property Realtors

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