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Pune real estate trend

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Pune real estate trend

Last updated: February 26 2010
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  • Pune real estate trend

    Hi everbody!

    I want to know what is the latest scenario in Pune Real Estate. Trend is up or down?

    What is the rate going on at Warje Kothrud Annex where Aditya Garden City situated?
  • #2

    #2

    Re : Pune real estate trend

    Good question, this has no answer, trend is what you would like to see it as.

    Comment

    • #3

      #3

      Re : Pune real estate trend

      according to stalwarts here it is DOWN!

      and according to builders in Pune it is UP!

      Comment

      • #4

        #4

        Re : Pune real estate trend

        And according to me it's going nowhere in 2010, or for the next couple of years. They may go down, but if not then they'll just stay where they are.

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        • #5

          #5

          Re : Pune real estate trend

          Prices are stagnant

          Builders are quoting higher prices hoping to create once again a panic situation like 2005

          It may remain constant until June and when interest rates go up again, may come moderately down

          Comment

          • #6

            #6

            Re : Pune real estate trend

            Investing in Pune RE is no more a Trend, it's a out dated thought...peole love to talk more about it than actual buying, because this forum is f r e e ...
            Last edited February 25 2010, 10:34 PM.

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            • #7

              #7

              Re : Pune real estate trend

              As of today, I believe mood is neutral to bullish and there are people out there buying for whatever reason.

              Comment

              • #8

                #8

                Re : Pune real estate trend

                To be or not to be?

                If trend had been UP, builders might not have proprty exhibitions so frequently.

                I dont know if it used to happen in past (before 2009) or not, but I see one property exhibition every month. Builders are even going to Europe (Kalpataru) to lure NRIs to FALL in love with property in pune whereas Sakal is advertising (fooling) people all over maharasthra to buy in Pune.

                One thing is true that buying spree is definitely not there. But at the same time my observation is that if property is below 22-25 lacs it gets sold out whatever may be the localaity/quality. So seems that sub 25 lacs is the comfortable figure for most of the people in pune. This doesn not apply to areas like wagholi etc.

                Dont know what will happen in Pune in future but at this time I am finding myself in constant struggle between to be or not to be?

                I remember some lines from famous marathi play NATSAMRAT...
                Kuni ghar deta ka ghar? [Willsomeone give us a house please?]

                Comment

                • #9

                  #9

                  Re : Pune real estate trend

                  Good answer
                  Theory of relativity still holds good....

                  Comment

                  • #10

                    #10

                    Re : Pune real estate trend

                    After the Budget of Pranab Babu, aimed at common man,
                    the Builders will run amok and raise the rates by 5-10 % ,
                    irrespective of whatever the trend may have been till now.
                    "...though I can hide my cold gaze and you can shake my hand and feel my flesh gripping yours and maybe you can even sense our lifestyles are probably comparable:
                    I am simply not there."

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