Benefits of buying a property directly from the builder

Speaking of best real estate deals in Pune it is indeed hard to give projects by Kumar properties a miss! The group in its fifth decade of presence in real estate sector has earned the pioneer status for itself across construction segments. Backed up with a strong team of experts the developments made by the group have indeed been a witness to the test of time. Kumar properties have considered 27,000 satisfied and happy families as their brand ambassadors and their true strength. Be it a commercial property or a residential property, Kumar Properties deliver all with equal finesse.

Projects by Kumar Properties - Pune

With over one million sq.ft sold annually by the group, it is indeed pretty evident that Kumar Properties tops the list in Pune’s real estate segment. Apart from superior quality work, the group also ensures that it stands by their words with timely project completion and personalized service offerings. Property developers are often responsible for obtaining all the necessary permits like - Putting sewerage in place, plotting building lots as well as obtaining electrical lines. Providing water supply and roads leading to the project is also their responsibility, hence you get to be miles away from this mess.

Speaking of some of the advantages of buying a property from builder or a developer the following cannot be missed –

• As a buyer you have one point of contact thereby allowing for more accurate completion estimates.
• There’s no confusion about roles and responsibilities. Not only does the buyer know who to contact, a builder/developer also knows they’re responsible for every step of the process.
• There’s a single vision for the property. When a developer knows they are going to be building and selling the properties, it’s often easier to make decisions about planning, architecture and even landscaping.
• There are fewer delays in building because some tasks can be done in tandem when the same company is doing the both the developing and construction.
• A developer/builder takes a long-term, holistic view of the investment allowing cost-savings passed on to the buyer.

Pune Real Estate - Rewinding to 2013 and Fast Forward into 2014

Last year, experts refrained from making tall claims about the growth of Pune real estate. But one can safely say that 2013 was a very interesting phase for it. The future seems to be optimistic for the industry. That is because Pune’s real estate has been driven by multiple factors.

Flashback 2013 & Beyond

There has been a lot of talk about real estate in the city having maintained its growth, but with caution. Pune real estate witnessed even better appreciation than Mumbai making it very attractive. In the last three years, approximately 250 to 300 projects have been launched every 6 months, as per a survey by a renowned real estate portal. Likewise, number of households in Pune has increased by 44.75 per cent - from 9,20,536 in 2001 to 13,32,493 in 2013, as per 2011 Census. 

The Way Ahead 

Fringe areas like Kharadi, Wagholi, Mundhwa, Undri, etc are coming up very well. These areas are going to experience increase in housing supply and demand, as the property rates here are yet to reach a pinnacle. Marketyard Annexe is one such area which has a lot of potential. Kumar Properties, recognizing this potential has come up with a landmark project here – Kumar Prithvi. It is an ensemble of stylish and contemporary 2 &3 BHK apartments. With a superb central location and an array of ready lifestyle amenities, this project is a perfect example of modern residential establishment.

Further, neighbourhoods with limited land availability will witness price rise till stocks are saturated. That will assure growth for luxury real estate. A 10-12 % increase in price in year 2014 is being expected. But, some of the experts opine that depending too much on the IT sector for real estate growth is not healthy in the long run.

Long story short, things are going to be pretty decent Pune real estate in the future!