What to choose – Row houses or Apartments?

Buying a good home is indeed a dream for many of us. Chakan has been a popular choice of investment for those looking to invest in the Pune region.  Chakan is just about 34 kilometers from the Pune city and is easily accessible via NH 50. Moreover, Chakan is home to many popular production plants like Volkswagen Group, Mahindra & Mahindra, Daimler-Benz and Bajaj Auto. The presence of many production units in the region, skilled resources from across the country do consider relocation opti

ons in this city.

Property prices in Chakan are neither too high nor too low, this indeed results in difficulty in choosing between opting for Row houses in Chakan or 2 BHK in Chakan. Naiknavare Developers have indeed been a big brand in the real estate segment in the region that has pioneered many interesting in the past. The  Before opting for any of them, it is important that you learn about pros and cons of both.

DWARKA - Sector 1A

Row House Advantages: 

• Row houses indeed offer more space and free livable area. 
• You have extra space at your dispersal and can use it for your needs.  
• More privacy for you and your family.

Row House Disadvantages:

• Maintenance cost may get higher as the area is bigger.
• May have to incur extra cost of investment for security purpose like CCTV, guards, maids etc. 
• Taxes may include the open land space offered in the property. 

Apartment  Advantages:

• Apartments give you the liberty to pay for only the area you require and not the excessive space.
• Maintaining the place is not a hassle and most of external charges are borne by society funds.
• Tax is applicable only on your livable area and does not include external premises charges.

Apartment Disadvantages:

• You may feel confined between four walls and cannot move freely in a manner that you can, while staying in a Row house.
• You have to abide by society laws that is in the benefit of everyone and not just yourself.
• You do not have the liberty to pick any furniture just based on its looks, you indeed need to first check on your interior space and design before opting for a particular furniture. This can indeed be a turn-off for furniture lovers.   

Happening Location of Pune for NRIs Investment

It’s been a decade now; Pune has undergone massive development into infrastructure. With more new residential projects coming up in all the part of the cities, there has been an increasing demand for luxurious 3 bhk flats in Pune. NRIs and IT professionals are the major investors in such lavish properties. You must be thinking as to what makes Pune real estate so attractive for investment by NRIs? Read on to check out the reasons for such hype.

Connectivity and infrastructure are developing at a faster rate in Pune. Hence, there is a guarantee of good rate appreciations. Also the city is well-planned with significant commercial and industrial development. Therefore, more job opportunities are created here which in turn has witnessed the increasing demand for premium residences. Due to this increased demand, the property prices have also gone up, improving value appreciation. This jump in property hype has attracted NRI investors to Pune.

Mystique Mood - The Most Luxurious Project in Viman Nagar

Another unique aspect of properties in Pune is the array of options provided within the residences. From the self-effacing 2 BHKs to large and spacious 3 bhk flats in Pune, you get everything. Property expos conducted on a regular basis provides one with a lot of exposure and information. The pleasant climate coupled with a rich culture and close proximity to Mumbai makes the real estate in Pune attractive.

Naiknavare Developer’s, a trusted and renowned builder believes in creating a bond of trust and long lasting relation with their customers. They offer a fantastic residence at various locations in Pune. Mystique Moods at Viman Nagar is one of them.

So, invest with Naiknavare Developers Pvt Ltd today and secure your money for a lifetime. 

The Rising Interest of NRIs in Properties in Pune

NRI’s are always on the lookout for real estate investments that offer assured and stable returns on investment. With around 210 software companies in Pune and rising demand of residential apartments, NRI investment in Pune real estate market is growing. Most NRI’s prefer to invest in residential apartments that can earn them handsome rental returns and will also appreciate in value when put for resale.

NRI’s majorly are inclined to invest in luxury homes as well as high end residences in metro cities. NRI investment in real estate has seen a considerable rise in under construction residential projects nearing completion as there are certain benefits associated with that. Non-resident Indian property investors who are focused on good rental income are always on the look-out for projects in areas with sustainable demand from potential tenants.

With regards to residential property, such investors prefer to invest in the projects developed by reputed builders. Easy home loan availability by financial institutions in India, NRI remittances and repatriation procedures has also provided a boost to NRI investment in the real estate segment. NRIs prefer to invest in real estate than any other form of investment largely due to high return on investments.

To mention about the challenges NRI face for investing in real estate, they are not familiar with the locations that work best in favour of residential property investment and also with some legal procedures.  Hence NRI’s ask their relatives or close associates in Pune to co-ordinate with reputed developers and also enquire about brokerages. It is not lost upon the property investors that expecting substantial short-term gains on their investments is unrealistic. 

Such investors are not looking for instant gratification or handsome benefits on investment in a short span of time. They are serious long term investors. Amongst most of the trusted developers in Pune, Naiknavare Developers Pvt. Ltd offers some very good property options for NRI’s to invest in. With experience spanning almost 3 decades and projects in Pune, Navi Mumbai & Goa, Naiknavare Developers Pvt. Ltd is a reliable choice for NRI investors.