Articles

Article

Major home buying problems buyers may face in 2021

Buying a home is always a dream for every person. Everyone wishes to have a dream home that is easy to buy or build, But is Buying a home that easy?

We will discuss the major problems home buyers might face in 2021.

2021 is a fresh start for the whole world. A new set of opportunities welcomes a new set of problems too and when it is about the home buying the drill gets even harder.

The process to buy is a hectic process and every homebuyer will agree to this. So here are some major problems you may experience in 2021 for buying your dream home.

1. Uncertain Market Condition

The Covid-19 situation has made all the real estate market an uncertain thing. Many buyers are not sure whether they should enter the market or wait. Many Sellers are also not sure if they should reduce the rates or hold on to the current trend. In these uncertain times, buyers than to hold the current situation and not buy. But a positive mindset that buying a home will bring better times ahead can solve this major hurdle.

2. Unstable Income

In the year 2020, after the pandemic, many people lost their jobs and many companies are not giving the salaries on time or have reduced the package by up to 50%. This has lead to unstable, inconsistent income for the buyers. Though the lending banks also know but this has created a major question mark on buyers repayment capacity. The year 2021 is also almost the same. Buyers who have faced this situation will have a difficult time buying a home in the next 4-6 months.

3. Credit Bureau Score (CIBIL)

In the last 5-7 years Credit Score has become a very common word mostly known as CIBIL Score. There are many rating agencies and maintaining a good score is a responsibility for each and every buyer. No one can help a buyer if his or her score is not good. Making timely payments, Less Credit accounts, Less Credit Utilization are major factors and having a bad score is a negative point while you decide to buy a home.


4. Actual Property

When a buyer decides to buy a home, he has many things in mind. The Buyer will definitely look for 2 major things, Locality & Budget. A buyer would want to have his home near to his workplace and within budget, but most of the times it’s not possible and then the buyer either compromise on Budget or Locality, Compromise on Budget will hamper financial standing and locality will hamper his commute time. This will directly or indirectly impact his life and no buyer will ever want this. Rest minor things are which bank to choose, what interest rate, what amenities and Clear title properties. Once this step is successfully completed many buyers are ready to take the next step.

5. Arranging Paperwork

Many first time buyers are not aware that they will need a lot of paperwork apart from property documents. Documents like Bank Statement, Income Tax Filing Documents, Salary slips, ID Proofs. Company Letters in some cases. These documents seem simple in the first go but actual collection and setting documents in order is a big task. The buyer has to spend a lot of time and energy on this sometimes.


A quick piece of advice to avoid loss is that never rush into buying a home. Home buying is once in a lifetime investment, plan everything properly, educate yourself & keep your eyes open to be one step ahead of problems.

Article

Uruli Devachi lands are the best for investment in Pune.

Let’s go through the basic information about Uruli Devachi. It is a locality that falls in the Pune district situated in Maharashtra state, with a total population of 7317 people. The male and female populations are 3955 and 3362 respectively. The size of the area is about 1.79 square kilometers.

Overall Connectivity of Uruli Devachi

When it’s about choosing land for investment then the connectivity of locality plays an important role in the decision.

It has the best connectivity with nearby localities i.e Wadaki (3.81 Km), Fursungi (6.09 Km), Tukai Darshan (6.8 Km), Handewadi (6.93 Km), Undri (7.49 Km), Bopgaon are the nearby areas to Uruli Devachi.

The nearest railway station in and around Uruli Devachi

The nearest railway station to Uruli Devachi is Sasvad Road which is located in and around the 2.0-kilometer distance. The following table shows other railway stations and their distance from Mamakudi.

Sasvad Road railway station 2.0 KM.

Phursungi Railway station 4.8 KM

Hadapsar Railway station 6.6 KM

Manjari Budruk railway station 6.6 KM

Loni railway station 7.9 KM

The nearest airport to Uruli Devachi

Uruli Devachi‘s nearest airport is Hadapsar Airport situated at 4.5 KM distance. Few more airports around Uruli Devachi are as follows.

Hadapsar Airport 4.5 KM

Pune Airport 1.4 KM

Baramati Airport 70.8 KM

 

Nearby educational school

Bloomfield school

Kanifnath Nagar, Uruli Devachi, Pune, Pune DistrictSamta Vidhyalay

Uruli Devachi, Pune, Pune District

Uruli Devachi Police Chowky

Fursungi, Pune, Pune District

The past issues of garbage disposal and water deficiency in the locality have been solved by Government. The new upcoming purandar airport and ring road construction will enhance the development rapidly in Uruli devachi, so if you choose the land of Uruli for investment then it is surely going to give huge returns on your investments.

Check out the link for the Best project in Uruli Devachi given below:

- Tara Vishwa

Article

Why properties in Urse are best for investment and living?

Urse a village surrounded by greenery has the best property options if you are looking to buy a new home in Pune or in Pune outskirt. Yes, this can be your right choice if you buy property in Urse near Pune.

As you will go through the article you will get to know the various reasons for buying the new property in Urse.

Urse Village is located in Maval Taluka Dist. Pune. Urse lies at the midpoint of Pune and Lonavala city. The average drive time towards Lonavala city is 20 minutes and 30 minutes towards Pune city. The proposed Navi Mumbai's international airport at Panvel is merely at a distance of 83 km from Urse.

Urse village is connected with developing city like Talegaon Dabhade, Vadgaon Maval, Gahunje as well as it is 500 meter far from Express Highway and 1 KM from Old Pune Mumbai Highway, and 1.5 KM from Talegaon Dabhade & Vadgaon Railway Stations. Urse will be the next residential hub in demand of Pune after Talegaon Dabhade & Vadgaon. Urse’s unique location itself has many advantages for the people staying there. Many major infrastructural development projects have already started for example PMRD ring road, the expressway, the Pune metro, and the Virgin Hyperloop test station at Urse.

Urse is surrounded by industrial belts of Maval, Chakan, PCMC, and IT park of Tathawade and Hinjewadi. Many professionals working in companies are living in Urse or nearby to Urse because traveling daily is easier from Urse. Various companies of different sectors such as IT, floriculture, manufacturing, automobile, pharmaceutical, engineering, etc are creating big markets for Urse.

Many reputed companies like Mahindra, General Motors, Mercedes, Volkswagen, Siemens, Bajaj, Finolex, etc. in Talegaon Dabhade and Chakan are opening opportunities for Urse to be an excellent housing destination for those employees who work in these companies.

Educational Perspective:

If we go through the Urse surrounding, then you can observe that it has many good English schools, good colleges for undergraduate and postgraduate courses almost in all types of fields. These schools not only help students to grow in their curriculum but also help students to grow in sports and physical activities for the overall development of the child. A few of the famous schools are DY Patil School, Poddar international, and St. Heritage High School.

For the engineering, MBA, MBBS, there are enough options like D Y Patil technical campus, MIMER College, Sinhgad institute, and Indira institute for completing 10+2.

Growth Potential:

The developers and realtors are investing in the Urse region which is adding value to the lands of Urse and this will get those huge returns and hence the location is closer to Pune and Mumbai, people have already started shifting to the area to avoid the city pollution and experience the nature close by. Thus the Urse has ample amount growth potential to get developed.

Biggest Development nearby Urse:

One of the biggest real estate developments in recent times has been done by leading developers Garve Group. They have acquired around 2 acres for their on-going project near Urse. This is one of the biggest on-going projects in Urse and Talegaon Dabhade. This project gives you a premium budgeted residential apartment opposite to Essar petrol Pump, at Urse Road. Garve developers have named this project Silver Treasure.

Click below to check the complete details about Silver treasure.

 

 

Article

How to invest in property before your retirement?

It’s an intelligent move to think about your future property requirements because the shelter is a basic need. The Indian property market is trying to bring new provisions of housing especially for senior citizens especially. With most exclusive features likes lifts, easy ramp walks, green parks, senior citizen clubs, etc. other amenities.

Retired citizens do require a home for peaceful living, yet the need for it has not been completely satisfied. Mainly because the people are very much attached to their old home, and make the plan to stay a “Joint Family” as a traditional Indian family. Anyways the fact is independent living is not an appreciated concept in India.

Amenities for retirement housing projects are different rather than other housing projects. Major of the services are the same such as laundry services, emergency medical care facilities etc. This kind of project creates more value with the facilities like transportation, bus stop, railway station or airport.

These pointers will help you in deciding your retirement home:

 

  1. The location must be good where you can enjoy retirement life fully in nature’s womb. Pollution-free surrounding, medical facilities should be available closely, easily access to the main city, so can pick your any valuables quickly. Living in a nature-friendly environment develops good hobbies like gardening, jogging, etc.
  2. Maintaining the cost and benefits together. Understand how you are going to manage the housing maintenance costs. The costs should provide you ample benefits for a comfortable life ahead.
  3. Have a conversation with the people staying at the same location who understanding the problems which will help you to make many decisions before investing in retirement homes.
  4. Do Plan to invest in a future retirement home. Try to understand and make a decision on what should be done with your home. Investing now and earning capital at a lower cost, it shouldn’t be involved in your daily expenses and retirement saving.
  5. Plan your future retirement investment and your future lifestyle with a good investment consultant in properties. Facilities and services which you are looking for are provided by them or you will have to expense by it yourself.
  6. Before signing the paper, read the documents carefully. Take advice from a good consultant who is an expert in investment and ask him how he will help you. Have a look at all the legal titles, certificates, and agreements.
  7. In the last, remember to discuss the investment with your family and friends. 2-3 opinions are must analyze your situation from all perspectives.

 

Hope this article has cleared all your doubts regarding your future retirement house. If you have any doubts you can ask below in the comment section.

 

Article

Why Pune Real Estate has a lot of eyes on Purandar Airport?

When it comes to airports they bring waves of development and urbanization in the surrounding areas along with them, due to which there is an increase in the economy and the Real Estate business.

 

The upcoming Purandar Airport has already created a buzz around the city that will not only improve the proximity but also improve the infrastructure and is going to generate a huge scope for Real Estate Industry.

 

Let’s take a quick flashback, in 2016 the Purandar airport was proposed in Pune. It took a while to get approval from Government and then in 2019 it got approval for installing SPV (special purpose vehicle) for the Purandar Airport. The work at the site has not started yet and there can be changes in the site of the airport or delays in work because of land issues at the proposed site. The Purandar airport will be called Chhatrapati Sambhaji Raje International Airport. The project is going to spread over 2400 acres and it will acquire a budget of around Rs. 11,000 crore approx.

 

Purandar Airport will invite a lot of residential and commercial properties in the area of Purandar. The airport is going to be around 40-45 KM away from Pune which will go through many villages and this will require a developed travel means, so a good road infrastructure will be mandatory in the line up of development.

 

So the perspective of long term investment in the nearby area of Purandar Airport is going to get you huge returns on your investments probably. The investment in those areas has already been started by many builders and developers which are coming with new upcoming city plans and townships.

 

The high potential in the nearby lands of Purandar Airport has attracted the whole real estate industry of Pune. This is why the developers in Pune have kept an eye on Purandar Airport status and are waiting for the right time to make their investment.


previous1

Properties