Real Estate trends in 2017: Are Flats sales up and down? Is it good time to buy?

Real Estate trends in 2017: Are Flats sales up and down? Is it good time to buy?

Everyone wishes to have his or her own dream flats, which offers luxury, comfort and happiness. With the volatility in the markets, many buyers are confused if it is a good or bad time to buy the house. However, it is always a good time to invest in real estate, especially in cities like Pune. Pune is a well-known city because of its educational centers, IT and industrial hub in and around the city. The industrial growth and infrastructural development are attracting more people who want to settle in a flourishing city. Many top real estate developers in Pune are coming up with various innovative projects to fulfill your dream of luxurious apartments.

  • The union budget 2017 has taken various effective steps in order to achieve the goal, which is set for real estate industry. Implementation of RERA proved beneficial for the property buyers, it works in favor of buyers. Though RERA supports buyers on various aspects, buyers need to make sure to associate with respected names in real estate. Most of the leading real estate developers in Pune adhere to the legalities and strive to offer the best to the buyers. The buyers need to talk in details and select a project, which suits to their requirements.
  • The GST implementation also influences the real estate scenario largely. Buyers were scared about the additional tax burden they have to bear while buying the flats. However, the buyers who want to buy ready possession flats can rejoice, as they don’t have to pay the GST, the builders will take care of it. The projects with OC will not attract any GST charge.
  • It is a good time to buy because there area number of under construction projects, and thus many of them will be available at a very attractive discount, which can be advantageous for both buyers and builders.

Considering today’s situation, these might be the few factors, which can predict that prices may come down-

  • Paid FSI
  • Increased FSI
  • People might end up buying cheaper projects, which are developing at outskirts. With the metro project, the connectivity in Pune would be easier so people can commute easily from longer distances.

If you are looking to buy 2 BHK flats in Pune or 3 BHK flats in Pune, this is the right time as prices are expected to be on lower side according to the industry expertsThere are ample projects going on in various areas like Baner, Aundh etc where you can buy the most luxurious 4 BHK flats in Pune to enjoy your dream life.

Industry experts suggest the buyers to invest in under construction flats by reputed developers. It will ensure quality as well as timely possession of the property for the buyers. Several well-known builders in Pune are coming up with mind-blowing projects and one of those leading names is Pride Purple Properties. To find your dream home contact the Purple Pride Properties to know more about the project. They have diverse projects located at various flourishing locations of Pune and thus offer you a wide range to choose from them.

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