With choices varying from residential or commercial to agricultural land, real estate investment is considered to be one of the most assured ways of financial investment. However, it is important to note that investment in land can only bring maximum desired returns if you invest in a location which holds strategic importance in the future.
While the city has shown impressive economic growth in past decades, the development charts forecast that trend will continue upwards. Home to various renowned IT companies, industrial clusters as well as prestigious educational institutions, Pune tops the charts when it comes to investment hot spots. Along with excellent employment and educational opportunities, Pune also boasts of pleasant weather and a cosmopolitan population.
As Pune expanded rapidly over the years, various areas, earlier considered to be ‘the outskirts’, entered the city quite gracefully. While areas such as Wagholi, Wakad, Hinjewadi, Hadapsar,Kalyani Nagar and Viman Nagar find themselves at the heart of fast development today, in the future, nearby places such as Ambegaon, Shirur and Purandar will be at the forefront of the development.
While the debates go on about whether it’s better to invest in completed residential projects or in NA plots, it’s up to your individual preference as an investor. If you have surplus capital to invest, investing in NA plots might be just the option.Investing in a plot may not offer specific tax benefits, however, capital appreciation is the key to land investment.
You can purchase a plot and sell it after a few years to receive whopping returns on its purchase price. On the other hand, if you wish to construct a house down the line, construction on non-agricultural (NA) land is legal and works as an excellent investment strategy. There’s always an appreciation in land prices and more so when the location is closer to thriving cities. Any anticipated infrastructural development in and around the area will also fetch higher prices
Located at a distance of 7 km from the Mumbai-Pune-Bangalore Expressway & offering excellent connectivity to cities such as Pune, Satara, Kolhapur & Mumbai, Royal Purandar is a 160-acre township project offering farm house NA plots with all amenities, facilities and infrastructure.
Only a 45 minutes’ drive from Pune, ideally located, coming from a trusted developer, Carcanet’s Royal Purandar might just be the project you’ve been looking for!