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Monday, 19 November 2012

Investment in Ready Possession flats in Pune

Ready Possession Flats

Real estate industry in Pune is towards upward trends. The prices of residential and commercial properties in Pune are increasing every year. Now a days investment in real estate properties is consider to be most secure and profitable resource. It is completely individuals decision, whether to buy property in Pune as an investment or to reside. While investing in residential property usually two decisions are made either to book a flat in an upcoming residential project or go for a ready possession flat. Again the ready possession flats are usually of two types- New available flat in a completed residential project and second flat for sale.


In case of completed residential project the transaction is usually between the builder and the property buyer. The property rates may vary as per the locations, facilities and amenities in the project. For second sale flats the rates may vary as per year of construction and locations. The deal of second sale flat is between the owner of the flat and the property buyer.


When going for a ready possession of flats it is advisable for buyer to make a checklist to ensure about legal issues, documentation, major repair work and right before taking possession of the flat. Many new residential projects have been launched by reputed builders across the city. There are numerous such ready possession projects. It is advisable to buy a ready possession flat in Pune instead of investing in an under construction project.


16 comments:

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