Now, the property prices have gone down due to the Corona Virus pandemic. It is said that the land (plot) prices have affected more than that of flat prices. The flat rates have gone down by 20% while land rates have gone down by 30%. If you are looking to invest, then this is actually a good time. Many developers and builders are ready to negotiate at a very low rate.
As this is a temporary phase, the real estate market will make a comeback. Already things have started gearing up in the real estate phase like the rest of the world. I think in the coming year, the real estate market seems to have a better come.
Now speaking about Pune, the real estate sector has been growing at an amazing rate. The property rates are affordable and the demand for property investment is high. Unlike Mumbai, Bangalore and Delhi, you still can find a decent property not very far from the city for an affordable price.
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Is it good to buy land near Pune city now for the purpose of investment?
SNandi
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October 16, 2020
2020-10-16T08:03:45+00:00 2023-08-03T16:36:36+00:00Comment
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Investment
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