N
Naresh Bajaj
posted on 19 MayKirtane Baug property prices are not justified for investment.
Fed up of renting, finally looking at Kirtane Baug. ₹1.2 Cr for 2BHK. Are these property prices justified? What's the investment potential for 3-5 years? Rental demand for IT crowd?
#kirtane-baug#property-prices#investment-potential#pune-real-estate#rental-demand
Comments
Be very cautious, guys. My personal take is that Pune's real estate market, especially in these developing pockets, is seeing an artificial surge. ₹1.2 Cr for a 2BHK in Kirtane Baug is overvalued when you can find better deals with established builders in areas like Sinhagad Road or even some parts of Amanora Park Town. Don't fall for the hype. The appreciation might not be what you expect in 3-5 years, especially with so many new projects coming up and creating oversupply.
Which projects on Sinhagad Road are you talking about? Any specific builders I should check out?
Exactly! I was looking at Sinhagad Road too, and the value for money there seems much better. Plus, infrastructure is more developed. Kirtane Baug feels a bit isolated still, despite the connectivity claims, especially after peak hours.
Honestly, I think Kirtane Baug is a decent option. It's well-connected, and the amenities look good. With remote work becoming common, many IT professionals are moving to Pune, so rental demand will only increase. Prices might seem high, but everything is expensive now, no? Pune market is just hot.
Any idea about the builder's reputation for Kirtane Baug projects? Possession time pe dete hain kya?
Oh no! So even if prices seem okay, builder issue hai. Any other builders in that area with good reputation?
Totally agree with what was mentioned about the builder's reputation. I almost booked a flat with them a few years back, but pulled out last minute after reading reviews online. They have a history of changing floor plans and amenities post-booking, and their customer service is terrible. Plus, the RERA details for their previous projects show multiple delays. Be very careful before committing, especially with such a big amount.
Nah, builder ka track record kuch khaas nahi hai. My cousin booked with them near Akurdi, aur possession mein 1.5 saal ka delay ho gaya. Bahut pareshaan kiya tha unhone, every month they would give a new date.
I've been tracking Kirtane Baug for a while now. The prices have shot up crazy fast in the last 18 months. My friend bought a 1BHK there two years ago for ₹55 Lakhs, and now they're quoting ₹80 Lakhs for the same configuration! It's pure speculation driving this. Investment potential for 3-5 years? Unless there's some major infrastructure development coming up that we don't know about, I'm super skeptical. Lagta hai builders are just cashing in on the FOMO of first-time buyers.
Yaar, I totally agree with you. ₹1.2 Cr for a 2BHK in Kirtane Baug seems way too high. I was looking at something similar in Ambegaon Budruk a few months back, and the prices there were still somewhat reasonable. Is Kirtane Baug really that prime now?
Dekho, Kirtane Baug ka location acha hai for IT crowd, near Hinjewadi, but 1.2 Cr for 2BHK is pushing it. Rental demand is definitely there, but ROI might be slow. You can expect maybe 25-30k rent, so a 3% yield which isn't great for investment compared to other options.
Absolutely! Same feeling here. Builder log pagal ho gaye hain prices ko leke. Itna toh Mumbai mein bhi nahi milta sometimes for a 2BHK.