How to buy property in Pune?

After Mumbai, Pune is the second biggest city in the state of Maharashtra. It is not only the cultural capital of the Maharashtra state, but it is also surrounded by many hill stations, which are ideal for weekend getaways. Hence many people want to buy homes in Pune. If you are among those planning to buy a property in Pune, you should first take a look at these points: 1. Purpose of Buying: Do you want to move in or rent it out? 2. New or Resale Property: Do you want to buy a new flat in Pune or want to buy a resale property in Pune? 3. Type of Property: Do you want to buy a flat, an independent house or a plot? 4. Long term Goal: Do you want to buy the property as an investment or for your retirement purpose? Now if you have an answer to these questions, you need to think about: 1. Budget: Whether you plan to move in, rent or invest, you should consider Pune property rates area wise that suits your budget. Areas like Baner and Kothrud have higher rates as compared to areas like Ravet, Hinjewadi and Wagholi. If you want to avoid the agent fees, always choose no broker Pune to find flats on sale. 2. Accessibility: If you are planning to move into a flat, you should consider the best area to buy flat in Pune depending on your requirements. If there is proper connectivity to the major locations, facilities such as water supply, nearby schools and hospitals, etc 3. Location: While there are several projects coming up in Pune, you should always look for a property with a location which best serves your purpose of buying and long term goal. Many people who plan for retirement choose a location in the outskirts of Pune. 4. Documentation: Before buying a property, it is necessary to consult a legal professional so that there is no problem from the municipality board. The person will get all things cleared for you so that you won’t be in trouble later on. 5. Financing: Usually, while buying a property, people take a home loan. You should make sure that the loan is from a reputed bank and also consider the rate of interest while buying a loan.