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Tuesday 13 January 2015

Pune: Proximity to IT Park Boosts Real Estate of Wakad



About Wakad
Wakad is a splendid location in East of Pune. Though it is situated in the outskirts of the city, but provides a crucial location advantage to Pune’s East IT park, Hinjewadi. This IT Park has been developed into two phases and world’s renowned IT and BPO companies reside in.
Property Types in Wakad
Wakad presents a mixed type of residency options: multi-storey apartments, independent house/villa, independent floors and residential plots. The configuration for housing ranges between 1 to 5 BHK.
Price Trends for Property
Over half a decade, infrastructure and property prices have seen a noticeable increase in Wakad. For buyers and investors the property value ranges from 5,600 to 6000 sq ft.
Future Growth
  • By 2018, Wakad would see metro links for connecting to central and western part of Pune.
  • BRTS (Bus Rapid Transit System) is on the way.
  • Many institutions and colleges and hospitals have come up.
  • Easy connectivity to Lonavala and Khandala, favourite tourist spots during monsoon.
  • Young population of students and IT and BPO prefer the lifestyle available.
  • Housing at Wakad supports straight connectivity to Mumbai-Pune expressway and Pune-Bangalore highway.
  • Fully developed PCMC (Pimpri Chinchwad Municipal Corporation) administers Wakad, so provision of electricity and water supply is optimized.
  • Waked is providing large growth opportunities to adjoining areas like Baner and Aundh from where people are looking for investment and staying options in Wakad.
16:52 - By Unknown 0

Invest in Real Estate while you are still Young



India, a nation teeming with diversity, has 50 % population within the age group of 30. India is a globally emerging economy because of its youth population. Among all other investment avenues, investment in the real estate is the key investment choice today. For a young earning population investing in the real estate sector creates a long-term wealth gain. Real estate becomes easy and transparent with online platforms, so it is easy to search, explore and buy property anywhere in the country.
Reasons why young India should invest in the realty sector:
  • Over the years real estate has been growing, and regarded one of the stable, reliable and trustable businesses in the country. The pace of urbanization is fuelling the growth for real estate so growth is inevitable and unstoppable.
  • Investment in real estate is, today, the best way to fulfill the dream of owning a home.
  • It fosters your post retirement planning. At times, post retirement expenses can be challenging despite having pension plans, fixed deposits and mutual funds.
  • Investment in Gold and fixed deposits yields low returns.
  • Investment in realty sector facilitates an opportunity to move from rent to ownership.
  • With minimum risk, investment or buying a property now offers a consistent 15-18% returns annually.
  • Purchased property can be given on lease or rental, as it also generates handsome income.
  • This is also the most popular to plan future liquidity.

Courtesy by :->> WeHomify.com / Invest in Real Estate while you are still Young
16:46 - By Unknown 0

Yamuna Expressway: Favored Investment Zone

The realty sector having seen promising growth in Delhi, Noida, Gurgaon and Ghaziabad, is now rapidly and smoothly shifting its focus beyond NCR (National Capital Region) towards Yamuna Expressway. This zone is a favored destination for developers, property professionals and property investors as well as people looking for better, world-class amenities available in townships. Yamanu Expressway zone is tenfold bigger than Noida.

Its 165 km long stretch suits for residential, commercial and industrial zone. Though the zone is still in a transitional phase, but it provides unparallel growth in coming years; hence it lures investors and buyers for investments.
Factors Attributed for its Growth are:
  • Smooth connectivity to Agra, via Delhi, Noida and Greater Noida.
  • A gas based power plant is coming up, initiated by YEA (Yamuna Expressway Industrial Development Authority) to cater to needs of residential projects, commerce zones and industrial set ups.
  • State government has decided to transform rural belt into an urban zone. It will record a substantial urbanization.
  • By 2031, urban population will be 35 lakhs. So according to master plan 20% area is set for residential projects, 7% for educational institutions, 28% for industrial units, 15% for transport and 5% for commercial zones and 21% for green belt.
  • Prominent real estate players have already entered, in coalition with state government, to develop internationally standardized townships.
  • To stop unplanned growth, sectors will be developed for this zone.
  • Yamuna Power Corporation Ltd, a set up by government, will fulfill the power demand.
Disclaimer: The information available on this site is not guaranteed or warranted in terms of completeness, correctness, accuracy, and reliability.

Courtesy by :->> Wehomify.com / Yamuna Expressway: Favored Investment Zone
16:41 - By Unknown 0

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