Where to buy - PS or Kondhwa? - Indian Real Estate Forum

HouseHunter · 18-05-09

Hi All,

I am planning to buy a flat in Pune for the following reasons:
1. To get a steady source of income through a rental (Around 7-10K)
2. As a good Investment (for resale maybe within the next 3-4 years).

I am looking at two areas
1. PS, Wakad
2. Kondhwa, Katraj side.

Please advise on which of the above two areas would be a better option for me? Should I be looking at some other areas too which would better suit my requirements?

Thanks in advance for your help.

Jagannath888 · 17-10-10

Defintely Katraj - Kondhwa is a good deal. ESPECIALLY when it comes to resale / renting you wont find customers for Wakad considering your investment made for a couple of months / years.

nitesh321 · 17-10-10

Quote:

Originally Posted by HouseHunter

Hi All,

I am planning to buy a flat in Pune for the following reasons:
1. To get a steady source of income through a rental (Around 7-10K)
2. As a good Investment (for resale maybe within the next 3-4 years).

I am looking at two areas
1. PS, Wakad
2. Kondhwa, Katraj side.

Please advise on which of the above two areas would be a better option for me? Should I be looking at some other areas too which would better suit my requirements?

Thanks in advance for your help.

Both are good options as both have IT parks near them & you will get many IT guys for renting.
For investing, PS has higher rates than Kondhwa. So you will have to shell out more for PS/Wakad.
You may also look at Hadapsar & nearby areas which have less rates & many people working at Magarpatta looking for rent options.

18-05-09	#1
HouseHunter New Member Join Date: May 2009 Posts: 26 Thanks: 0 Thanked 0 Times in 0 Posts	Where to buy - PS or Kondhwa? Hi All, I am planning to buy a flat in Pune for the following reasons: 1. To get a steady source of income through a rental (Around 7-10K) 2. As a good Investment (for resale maybe within the next 3-4 years). I am looking at two areas 1. PS, Wakad 2. Kondhwa, Katraj side. Please advise on which of the above two areas would be a better option for me? Should I be looking at some other areas too which would better suit my requirements? Thanks in advance for your help.

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17-10-10	#2
Jagannath888 New Member Join Date: Sep 2010 Posts: 40 Thanks: 0 Thanked 0 Times in 0 Posts	Defintely Katraj - Kondhwa is a good deal. ESPECIALLY when it comes to resale / renting you wont find customers for Wakad considering your investment made for a couple of months / years.