Hey friends m looking forward to purchasing a property in kondhwa area. I m totally ignorant abt this area. Any information from your side would help.
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  • Which part of Kondhwa (Khurd or Budruk)?

    Khurd is quiet developed and may command rates between 2200-2700 psft. Budruk is semi-developed. Rates shud be below 2000 psft for new properties.

    Rate will highly depend on quality/location of property and amenities provided.
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  • Thanks.. Let me noe if there are any good projects in this area wit their rates if possible.
    Appreciate ur help
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  • Don't know what is good rate in this ongoing recession.

    Below is my conclusion for current RE market:

    1. Rates are still higher. The way it has climbed in last 5 years (almost tripled), there is more downward correction left.
    2. It has fallen by more than 10% in last one year.
    3. I wud wait for 1-2 years or when it's affordable me.
    4. Can see a trend, where lot of resale flats are available.
    5. For good bargain, I would first try for a resale ready-possession flat (3/4 years old building) rather than under-construction project.
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