Manjri Mid-income Property near Magarpatta IT Companies

Manjri Property near Magarpatta 

  an

 attractive destination for middle-income home buyers

      South Pune Manjri property,  the fastest location getting brighter last 2 years also, still have better valuation for all the settlement dreamers  to capture a shelter.

        Merely 4  Km from Magarpatta IT Companies  it’s an amazing place to step for a Home buying.  Based on the employment opportunity near Magrapatta IT are will be somewhere around 75,000 thousand  with in a period of 5 years from now.

         There is clear lack of space to accommodate so much of settlement more closer than Manjiri  or at an  8 Km distance. Prices have gone up last one year time by 30% .  An year before property booked for Rs. 2300 moved to 3400 now!

         My many fans working in Magarpatta  IT companies,  put an end to their search for property and plunged in to Manjiri rather than Keshvanagar that time due to budget buying.

           Some of them turn out to be  so  lucky  out of there  28 lakhs, paid 10 lakhs  till now  can get away with a profit of 120% for  the entire amount by now.  Many of the money  mind,  keep calling me for a second opinion on selling and booking a profit of 10 to 15 lacks. No doubt  this amount is not a small earning  during one year time.

         Many of them visit my office to discuss on this profit booking mathematics and to know want next? What next is simple you will pay years together House rent to your land lord.

        As you know a standard location  Housing Rent  for 1BHK is around 8-10 thousand and 12-15 thousand for a 2 BHK.

        The funny Idea of few youngster money guru’s  say, I will deposit  this amount and pay rent out from the interest earning.This can’t last long when the rent’s move up and even the Cash in hand vanish slowly due to various reasons.

       This  may be  the  beginning  of Big blunder   practice   All time best option is to hold on to the existing…..

                Wagholi village is merging  to Pune  Muncipal  Corporation any time from now.

          Where is the place for further expansion other than possibility for a price increase?

                         Director, Hiren Trivedi of  Asset world, says, “Manjri property is popular amongst home buyers who are looking to invest at lower values. Majority of the housing demand in Manjri is a spillover of Kharadi and Hadapsar. Property values in Kharadi have increased multiple fold  in the last few years and parts of Hadapsar are also out of reach for a middle-income home buyer.”

                         Trivedi  says, “Home buyers who are looking for a home close to the Pune-Sholapur National Highway, should choose Manjri property. However, if they are looking for a better developed area, in terms of commercial establishments and Pune Municipal Corporation (PMC) infrastructure, then Hadapsar could be a better option.”

                        Though, Manjri is well-connected to the city and offers good social infrastructure, parts of it are still not included in the PMC and are under the Gram Panchayat. However, looking at the prospects of the locality, several builders are coming up with their projects here. He further explains, “Property values in Manjri have gone up by almost Rs 1,000 per sq ft in the last one year. With several builders coming up with their projects here, there is an expected appreciation of 20-30 per cent in the next one year. ”

                     Nilesh Kumar of Everest Real Estate, shares how “Manjri Properties are  centrally-located and has good connectivity to all major places in the city. It is easy to connect  through the Pune-Sholapur Highway and has its own railway station. A good access to the public transport system is also one reason why buyers look at it as a prospective residential destination.”

                  Be a tough Investor and Ignore the value  appreciation