New to Pune real estate, need your guidance for investing about 45 to 50L for my elderly parents. Objectives: 1. Good and immediate rental income to them (Primary Objective) 2. Some appreciation in 3 to 4 yrs timeframe.
From my study, I found that 1 BHK in Magarpatta City or in Baner (or near to Hinjewadi) are good options. I am finally zeroing on Magarpatta city.
1. Is it a good decision?? 2. Any risk/concerns you see for investing in Magarpatta city? 3. Amanora Park town OR Magarpatta City, which one is better for rentals & appreciation?
Also can you please suggest any good project/society to invest in 1 BHK/ I am looking mostly on Resale flat to start the rental income immediately.