V
Vaibhav Wadhwa
posted on 13 MayLohegaon investment: Is the hype real for first-time buyers?
My lease ends in 3 months, fed up of renting. Lohegaon mein 2BHK dekh raha hu, prices ₹70-80L ja rahe. Is area ka real investment potential kaisa hai for 3-5 years? Rental demand bhi kaisi hai yahan?
#lohegaon#pune-real-estate#investment-potential#rental-demand#first-time-buyer
Comments
So, what did the original poster decide? Any updates on your search?
Ultimately, it depends on your priority. If you need a place to live near work (airport/Viman Nagar), Lohegaon is practical. For pure investment, you might find better returns elsewhere or need a longer horizon than 3-5 years. Rental demand is decent but competition is also increasing with many new projects. Don't rush into it just because your lease is ending, do your due diligence.
@U10 The 'future potential' is what's already priced in, in my opinion. Overhyped thoda toh hai, especially at 70-80L. Unless there's a major IT park coming up, appreciation might be slow for your 3-5 years horizon.
@U8 for builder verification, check their past projects, talk to residents in those projects if possible. RERA website pe complaints bhi dekh sakte ho. Don't rely just on sales brochures, dig deeper.
Regarding water, @U7, yes, some older parts do have issues. But newer projects usually have borewells and tanker tie-ups. Definitely check the society's water source and allocation before finalizing. It's a critical point.
Current market conditions mein rates thode plateau ho gaye hain Pune mein. Lohegaon mein pichle 6 mahine se price appreciation slow hai. Rental yield bhi average 2.5-3% hai, not great for a 70-80L investment. Have you considered Sinhagad Road? It has better established infrastructure and connectivity.
Sinhagad Road is too far for my office, Lohegaon is closer to my workplace.
2.5-3% is low, agreed. But Lohegaon has future potential with upcoming infrastructure, right? Or is it overhyped?
Dekho, investment potential toh hai, but builder ka track record dekhna bahut zaroori hai. Mera ek relative फंस गया था near Lohegaon-Wagholi area, possession date do saal extend ho gayi. Make sure to check RERA status aur builder ka reputation. ₹70-80L is a big amount for a first-time buyer, don't take risks.
RERA number check karna must hai, aur online reviews bhi.
Sahi bola aapne, builder track record is key. Mera dost Amanora Park Town mein bhi delay face kar raha hai. Builder verification kaise karte hain, koi tip hai?
Exactly! Lohegaon is booming, especially with its proximity to the Airport and Viman Nagar IT hubs. My friend bought a 1BHK there last year for 45L, now it's already touching 55L. Rental demand toh pakka hai, especially from airport staff and students. I think it's a good bet.
But what about water issues? I heard some older societies struggle with PMC water supply there. Is that true for newer projects also?
Haan, airport factor is huge for rental demand!
Bhai, 70-80L for Lohegaon seems high for a first-time buyer. Have you checked other areas like Akurdi or Ambegaon Budruk? Wahan shayad better deals mil jayenge. Lohegaon mein traffic bhi bahut badh gaya hai, commute issue ho sakta hai.
My lease ends in 3 months, fed up of renting. Lohegaon mein 2BHK dekh raha hu, prices ₹70-80L ja rahe. Is area ka real investment potential kaisa hai for 3-5 years? Rental demand bhi kaisi hai yahan?