Market stagnant ho jayegi 4-5 years k liye. Jisne pehle loya wo fayade me rahega. Lekin ab lene se top prices me entry ho sakti hai. Sir ka observation ekdam sahi hai. Thanks
correct same for shares etc FOMO effect and now it will become JOMO for people who have missed it (apart from early buyers) Joy of missing out. Jobs data is bit concerning as there is no real increase in jobs and then companies are laying off employees as well
Very much true. I have seen this behavior of people where they will not even bargain for 1 lac. Whatever quoted price, they will pay. Some people buying in first visit only, and sales people also know that these people specially from IT, have money and dont bargain. Because of such behavior overall prices are going up.
i used to bargain, used to ask 10 - 15 % discount on quoted price, no body called me again :) finaylly had to buy at launch price, alomost waited 4 years to get good flats at my price but flats prices increased and doubled in these 4 years
You are a Real *Real estate Pro Hats off to your knowledge 🎉 There's nobody is the market who are like you. All your videos are for benefits of buyers.
Very True, after covid due to suddenly increased demand builders looted buyer by very high rate, & not passing rebet in stamp duty & benefits of increase in fsi. So Now rate in Pune & pcmc are 30% high in line with mumbai. In all more than 42 builders holding huge inventory of flats in pcmc Pune so they started comming with scheme. Now slack season started & will continue for next 4 - 5 year. In case of cancellation ensure booking amount is refunded. it's time of buyer don't be hurry wait for more than 30% reduction of rate.
Yes very tru.. a very correct observation And good analysis of the market... As rightly observed there is a beginning in slowdown of the movement in the real estate market...
Salary correction have started happening. There are reduction in expected salary in new jobs by almost 15-20%. Also there are few jobs in the market because of zirp in western countries. That may be one factor for a slow down!
Yes true. One more point is " Sanctioned road" or "DP road" which builder show you while selling the flats but 99% times those roads dont get built even after 5-10 years of Completion of the projects. There are many legal aspects related to the Sanctioned roads which builder conveniently hide while selling .
Market will crash soon. Prices are unrealistic and sky high. You spend 2cr to 3cr flat for what ? To get tanker water supply, poor road conditions , poorly maintained amenities , delays in occupancy, seep wage issues for under construction ,, stray dog menace in many societies ? Is it really worth it ? Really it’s better to stay in tier 3 city and invest this money elsewhere . Think not twice but multiple times before you buy a home? Ask your self the question . In many tier-1 USA cities at 2-3 cr people can buy a 7000sqft 4-5 BHk bungalow with backyard and all good amenities and quality construction. ( if you don’t trust this then watch TH-cam videos of American Bhau channel on TH-cam it was eye opener for me when I saw it and felt why the hell are we paying so much money in pune to get a shitty product and infra ) ? Now compare this with the infra we have in Pune and ask yourself is it worth it ? do we really get some decent level of infrastructure, quality and safety and comfort if not of foreign type but some decent level atleast ? The answer is no ? Then why spend so much money ??
@@kedarisgreat if you read the complete details you will understand . All aspect are given very clearly . The comparison is simple when you are buying your dream home you are not just paying for the concrete setup but overall livable experience that’s the logic behind it . What we get is concrete setup but surrounding conditions are not livable. Flooding , stray dog menace, quality of construction all these things are basic expectation isn’t it ? I compared so that people get an idea what you get in foreign country when you spend 2-3 cr .its not just comparison of home but the overall liveable condition around it . Why do people have to struggle so much for basic things like pmc water even after spending so much ? Despite paying all taxes ? Is the rate justifiable ? Hope you understand the overall picture and the gist not just focus on USA and india comparison
@@rajeshn9661 It is unusual to note that most of us (me included) define success as being able to drive on a freeway at 65 mph. This is a common trait amongst Marathi people. I am sure that most of the people commenting here are Marathi people. I have seen so many Marwadis, Sindhis, Punjabis doing business in Pune and not whining about Pune. They strive hard to earn money and spend lavishly on homes that have good infrastructure at a posh locality. The point is, why not find means to earn money and buy your dream home, which has good amenities and connectivity? There are such projects. But we will stop thinking beyond 1 crore because we are wired to think that 1 Crore is very costly. Why keep crying about the rising costs? Nobody wants to work beyond 9 to 5. But they want home prices to stay down. This won’t happen. The fellows who find ways to earn money will keep buying and Marathi Manus will keep whining. Just read the negativity in the comments. The channel owner is also of no help. Instead of guiding to unique opportunities in Pune, he keeps talking about the bad things in market, as if everyone’s a thug in real estate industry. (I am not a real estate person or anyone with any vested interests) Marathi manus is still unable to think beyond 1 crore to buy a house with good connectivity and infrastructure. BTW, if someone goes to USA and invests in homes there, there is almost zero chance of him coming back to India. So it becomes irrelevant to understand what money can buy in USA or other developed countries. There are other aspects in such countries that are worse than that in India, for example gun control, health costs, etc. So, if you want to buy a home for yourself and you are staying in India, you have to work it out. Home prices will keep growing.
At the max there can be small correction n indian realty, but never crash in real estate, in India. It has not happened in last 30 yrs n no reason it will...nuclear family in india will not allow prices to correct majorly
Ur so correct and are sharing valuable information. Many old projects at Viman nagar with big name ( resale ) have worst leakage and seapage issues and it’s not at all taken care by owner who is renting and also by society too. Worst situation 😮
Don't buy any under construction property. Thousands of Rera projects has failed. You are taking very high risk while under construction home. Which is not worth it. My own flat is not handover to me from last 5 years. Project: chandrai. Model colony by organic developer. Paritosh Pungalia
Very well and detailed analysis. Prices are sky rocketing, timelines are 4-6 years for possession. Pune has become an unaffordable market and cost of living is also increasing even in areas without basic infrastructure. It's high time the government should consider developing. another city
@@awesomeworld557 you are right, for instance nagpur, nashik & chht sambhajinagar are 2 such cities in maharashtra. They are already industrial, but just more pusb is required for IT boom here. And solapur and kolhapur are also good too but lack industrial environment there!
I sincerely believe that no one observes the market the way you do. The honesty with which you guide people is truly commendable. It’s up to the people how much they benefit from it, but my respect and salute to you are unwavering🧡
This is ground level honest analysis. Very good job ! This buying behavior is abnormal and soon many people will be trapped like what happened in 2008. End users will at least compromise but investors who pumped money in hope of gaining more and more will be soon on the edge of a precipice.
same with wakad and punawale..poor infrastructure, poor road condition and poor traffic management..people are not willing to pay 10k-15k per square feet for these shitty and overhyped places..hope these areas soon see market price crash and becomes normalise soon
Kya badhiya video bana kar logon ki aankhein kholne ka kaam kiya hai bhaisaab waah… 👍🏻👍🏻 FOMO ke chakkar mein salaried class log apni life daanv pe laga rahe hain…!
Very well observed and narrated details... Worth watching your video.. look like in coming years housing market gona stay same level like happened in 2014-2019...
True true Stagnat 10years, I seen good society 9 years ago purchased flat at 27Lac 1bhk today hardly able sale at 32Lac But prime area like kothrud 2bhk 29lac purchased is at 2cr now due CEO and valuables live there which justified It's all about where,with whom,geeks ,startup guys, smart people's closet lot to considerr,easy connectivity, walkable distance etc lot thing matter Blind purchase will harm purchaser badly the current scenario everywhere fomo prices
@@getvimlesh Your evaluation is incorrect. What about rent that you pay? Rather buy house, save the rent, invest it in market and earn both Return as well as real estate appreciation.
Gr8 video. they r bizi selling than focusing on building.. IT is slowing. Pune West ia stagnant now but builders in sweet dreams asking 2/2.5/3cr for 3bhk 😂 Such hyped projects r completion nightmare surely.
Avoid buying a home in Pune-it's overhyped. I've been living here since 2004, and unfortunately, there has been no significant infrastructure development. Despite what others might believe, the city has not progressed as much as it seems. Additionally, the price of flats is not justified by the current real estate market conditions.
Whenever you go to search for a home, they try to sell schemes. If you buy today then this much of a discount. Some of the builders will ask your budget and then quote their price based on your budget. Mostly on the higher side and ask to adjust money. Some of them don't have rera approved so they say because of that cost is low once approved it will go higher side. Multiple constructions are going on but no proper planning of water supply, electricity supply , roads security, police station which is basic need. They will promise so many things but at last we will have to say pls deliver at least house on time. As in the current Rainy season we have seen 70 lakh price house buildings were covered with water blockage issues. Also they have tie up with agents and 4-5 % they ask double for their share in the total cost. So my experience has been negative and shared. Not planning to buy a house in the current situation. Now they have a new way to raise the price microsoft has purchased land here only.
It’s as simple as the amount of salary hikes, business growth have stagnated or stopped entirely…so people don’t have that income now and also they don’t want to take risk due to unemployment fears
IT ppl are reason for price hike, where they can't negotiate. Now the average price in PCMC leaving moshi area is 70 + which is too high, and no one has control on it.
After 2021 because of Unprofessional growth in It market many peoples purchased Falts in pune, now since last year IT recession is going on now peoples have changed their mindset towards Real Estate.
But IT recession ne market price ko neeche to nahi laya. Price abhi bhi shoot up hi ho rahe. 3 months before a flat which I looked for 1.4 to 1.5 now the costing is 1.8
@@rizthetechieremember if prices are stable for 2-3 years it means price down if you calculate inflation. If under construction project has 500 flats, 450 flats should be booked within 2 months, if not then it's not good for investment.
You are wrong, aaj ki date me log ghar zaroorat ke hisaab se nahi luxury ko mind me rakh ke le rahe hai. Builders isi ka fayda utha rahe hai. 50-100 naam ki ameneties jo machis ki dibbi ki size ke dikha ke. Kuch bhi price rakh rahe hai
Could you cover something about Agreement to Sale and Sale Deed? I have always wondered about what are the consequences of buying a property, signing the Agreement for Sale, taking posession, but not signing and registering the sale deed after posession.
Metro Rail service is yet another public transport. I am using 2 wheeler for office commute. I am not using public transport. Will I use metro? No Will there be better roads after metro? No Will there be higher FSI for land near metro station? Yes Person buying a house of 1.5 Cr near metro, will he use Metro or PMT bus ? No He will probably prefer a car.
The wealth gap between rich and middle-class individuals has widened significantly due to COVID-19. As a result, the middle class is finding it increasingly difficult to purchase flats, as developers prioritize selling to wealthy individuals. Some developers even cancel bookings if someone else is willing to make a full cash payment.
I also observed the price also increased while giving 30:70 like majestic tower was 1.42 cr in april and now they are asking for 1.55 cr just coz pristine price is 1.48 cr
I have been in the searching since 2022 but developed same level of your thinking after careful research and till now not purchased becasue of all said points.
@@sanjaysakhalkar3813 resale sellers have also becom greedy. They too are demanding same rate as new apartments in their area even if it's a 12-15 year old property.
Bhai ka video dekhoge to aap kabhi bhi flat nahi le paoge. Ghar to sabi ki need he. Apne budget ke hisab se acha ghar lo. Is video se nigativ impact hota he
One point to give a thought upon: Builders anyway take loans from banks in completing the project. Don’t know if it’s practical in India, but builder should be allowed to sell flats only after it has completely built the project with required amenities. No sale should be allowed in launch period or even under construction. This way, builder’s reputation will be intact and people will get what they need-a complete rtmi flats. Over supplies, FOMO, unrealistic pricing, delays, every problem will be sorted.
They sale project early because they hold that money....70L flat In 3-4 year possession In reality cost 80-90 lac+ including ur rent u pay,ur flat rent u won't get , ur paid amount Add all with month by month interest , interest + principles
Building built in Mumbai which are 50-80 years old are still standing good but the new construction nowadays in Pune is so horrible and builders are just encashing money. As rightly said only few locations are developed but rates kept high in all areas. If u buy in Kalyani and Viman it’s like crores n crores thx to agents. Sad situation and future looks sad
In Jaipur too, a lot of construction took place in the name of Mahindra IT SEZ. Buildings kept coming up within a radius of 30 km from Jaipur city, but unfortunately by 2024, the culture of flats ended. The flats which were bought for 45 lakhs, their price has come down to 35 lakhs. On the other hand, the culture of villa raw houses increased where people are getting 3 BHK duplexes in the urban range in the range of 35 to 45 lakhs. So think who will buy a flat outside the city. Mangalam, Mahima, Unique Haveli, Vatika, Empire Estate, Aashiyana, City Home, Urban, Platina, Sage, Orchid, UB Builders and many other projects have completely failed. Now the price of these flats has come down to half. Flat owners are not even getting tenants. Construction is being done all over the world in the name of development. But on the other hand, prices are falling at the same pace
This is worrying situation for people reason first now developers are following Mumbai pattern in which small room size with unnecessary price hike. Second it is bad for environment it affects air flow that's why we face 2024 harsh summer. Third same rise of floor price like Mumbai which is ok in Mumbai because of air issue and humidity but this case is not with pune we get cool air at every floor. Simply it's trap.😅😅
Thank you so much for such an informative video..🙏 Sir can we have an informative video on an upcoming project of purva in Keshav nagar next to mantra Insignia. I am planning for investment but worried as their last project silversand was a big flop.
Realestate was unorganized sector earlier now with Rera trust has increased. with return to office then instead of paying huge rents people are buying properties and they can get loans as they have good cibil report and credit history.There is nothing wrong about it more demand then supply so builder asking more price. One thing builder and govt not understanding that people ready to pay if there is good infrastructure in areas, roads, water etc... this is where Pune is lacking. No proper infra in areas like Punawale, thergaon, kiwale, hinjewadi no proper cleaning by municipality. So yes dont buy property for investment and only buy when you see area is developed and has basic roads, water all available
Thanks for such a nice video. Buyes please understand few things and myths 1. Rera doesnt mean that everything is ok with the project. This is the big myth buyers have now days and builders take a advantage of it. 2. As usual, like any politicians, builders also sell you dreams bcs u always say, dream home, dream home. Be in reality and dont be so much emotional on this. 3. Dreams means builder say we have all the amenities but check do they really deliver thise in given timeline. So many projects struggling for the amenities after possession. But in the name of amenities builders already take a huge maintanence for 2 years lets say. 4. People more thinking on luxury than the actual need. Hence builder shows the luxury amenities dream and compromise the quality of your home. 5. Another myth, this project has great connectivity. They show map and explain roads which not at all built 😂. This has sanctioned and that has sanctioned 😂. Lets not fall on any words of builder and sales person and CP and brokers. They don't think twice before telling a lie to you.
Pune based architect here Please tell us how to connect to discuss few things based on your channels and some important debate on real estate current market vis a vis new ideas for correction Regards
American Fed (Reserve Bank of America) has indicated rate cuts in September. This means, there will be money in US market. So all companies will start spending on IT, which they had reduced since last two years. This will improve IT earnings in India. IT salaries are stuck for some time, new recruitment is low. Things will improve in next two years. This has direct impact on Pune real estate. If this doesn’t happen, there will be solid recession in real estate. Unlikely to happen, especially if Trump becomes President. We have limited life span, we must think about the dream house.
@@mrsandip001 CAGR of IT Shares for last 3 years INFY 5% TCS 6% Wipro (-)7% TechMahindra 5% LTIMindtree 4% I won’t say anything much, but these figures indicate that a trigger in IT Sector will cause gains in near future And That trigger is going to be Fed rate cuts.
That might be the optimum pace for Aluform construction, but currently, no construction work in Pune or Mumbai is happening at this speed. It’s taking at least one month to cast a single slab.
People should stop buying flats.
Then only rise in price will be stopped or controlled.
Now developers are thinking can charge anything for any area.
Market stagnant ho jayegi 4-5 years k liye. Jisne pehle loya wo fayade me rahega. Lekin ab lene se top prices me entry ho sakti hai. Sir ka observation ekdam sahi hai. Thanks
correct same for shares etc FOMO effect and now it will become JOMO for people who have missed it (apart from early buyers) Joy of missing out. Jobs data is bit concerning as there is no real increase in jobs and then companies are laying off employees as well
Very much true. I have seen this behavior of people where they will not even bargain for 1 lac. Whatever quoted price, they will pay. Some people buying in first visit only, and sales people also know that these people specially from IT, have money and dont bargain. Because of such behavior overall prices are going up.
Those with excess money don't bargain, but those with limited money do bargain 😊
i used to bargain, used to ask 10 - 15 % discount on quoted price,
no body called me again :)
finaylly had to buy at launch price,
alomost waited 4 years to get good flats at my price but flats prices increased and doubled in these 4 years
Yes , i analysed market for more than 1 year and all developers say lie , i bought home only afterv1 year
@@riteshsharma-mi7gxtrue but try to negotiate I got at least 4 lakhs
@@awesomeworld557 Those people with excess money shall haggle for Rs. 5 grocery items 🤡🤡
Totally agree! Real Estate started slowing down!!!
It should go down.
Now developers are in the race to become rich quickly and they don't care about the quality and size of flats .
Soon we will see 4bhk in 700 sqft by Godrej
You are a Real *Real estate Pro
Hats off to your knowledge 🎉
There's nobody is the market who are like you. All your videos are for benefits of buyers.
Very True, after covid due to suddenly increased demand builders looted buyer by very high rate, & not passing rebet in stamp duty & benefits of increase in fsi. So Now rate in Pune & pcmc are 30% high in line with mumbai.
In all more than 42 builders holding huge inventory of flats in pcmc Pune so they started comming with scheme. Now slack season started & will continue for next 4 - 5 year. In case of cancellation ensure booking amount is refunded.
it's time of buyer don't be hurry wait for more than 30% reduction of rate.
Yes very tru.. a very correct observation And good analysis of the market... As rightly observed there is a beginning in slowdown of the movement in the real estate market...
Salary correction have started happening. There are reduction in expected salary in new jobs by almost 15-20%. Also there are few jobs in the market because of zirp in western countries. That may be one factor for a slow down!
Yes true. One more point is " Sanctioned road" or "DP road" which builder show you while selling the flats but 99% times those roads dont get built even after 5-10 years of Completion of the projects. There are many legal aspects related to the Sanctioned roads which builder conveniently hide while selling .
Given the current job scenarios in the IT sector the property prices are bound to go down.
Market will crash soon. Prices are unrealistic and sky high. You spend 2cr to 3cr flat for what ? To get tanker water supply, poor road conditions , poorly maintained amenities , delays in occupancy, seep wage issues for under construction ,, stray dog menace in many societies ? Is it really worth it ? Really it’s better to stay in tier 3 city and invest this money elsewhere . Think not twice but multiple times before you buy a home? Ask your self the question . In many tier-1 USA cities at 2-3 cr people can buy a 7000sqft 4-5 BHk bungalow with backyard and all good amenities and quality construction. ( if you don’t trust this then watch TH-cam videos of American Bhau channel on TH-cam it was eye opener for me when I saw it and felt why the hell are we paying so much money in pune to get a shitty product and infra ) ? Now compare this with the infra we have in Pune and ask yourself is it worth it ? do we really get some decent level of infrastructure, quality and safety and comfort if not of foreign type but some decent level atleast ? The answer is no ? Then why spend so much money ??
exactly...
What is the logic of comparing USA and India ?
@@kedarisgreat if you read the complete details you will understand . All aspect are given very clearly . The comparison is simple when you are buying your dream home you are not just paying for the concrete setup but overall livable experience that’s the logic behind it . What we get is concrete setup but surrounding conditions are not livable. Flooding , stray dog menace, quality of construction all these things are basic expectation isn’t it ? I compared so that people get an idea what you get in foreign country when you spend 2-3 cr .its not just comparison of home but the overall liveable condition around it . Why do people have to struggle so much for basic things like pmc water even after spending so much ? Despite paying all taxes ? Is the rate justifiable ? Hope you understand the overall picture and the gist not just focus on USA and india comparison
@@rajeshn9661 It is unusual to note that most of us (me included) define success as being able to drive on a freeway at 65 mph. This is a common trait amongst Marathi people.
I am sure that most of the people commenting here are Marathi people. I have seen so many Marwadis, Sindhis, Punjabis doing business in Pune and not whining about Pune. They strive hard to earn money and spend lavishly on homes that have good infrastructure at a posh locality.
The point is, why not find means to earn money and buy your dream home, which has good amenities and connectivity?
There are such projects. But we will stop thinking beyond 1 crore because we are wired to think that 1 Crore is very costly.
Why keep crying about the rising costs? Nobody wants to work beyond 9 to 5. But they want home prices to stay down. This won’t happen. The fellows who find ways to earn money will keep buying and Marathi Manus will keep whining.
Just read the negativity in the comments. The channel owner is also of no help. Instead of guiding to unique opportunities in Pune, he keeps talking about the bad things in market, as if everyone’s a thug in real estate industry. (I am not a real estate person or anyone with any vested interests)
Marathi manus is still unable to think beyond 1 crore to buy a house with good connectivity and infrastructure.
BTW, if someone goes to USA and invests in homes there, there is almost zero chance of him coming back to India. So it becomes irrelevant to understand what money can buy in USA or other developed countries. There are other aspects in such countries that are worse than that in India, for example gun control, health costs, etc.
So, if you want to buy a home for yourself and you are staying in India, you have to work it out. Home prices will keep growing.
At the max there can be small correction n indian realty, but never crash in real estate, in India. It has not happened in last 30 yrs n no reason it will...nuclear family in india will not allow prices to correct majorly
exactly my point - people going in FOMO but infra not there and they realise this after started staying in that areas. Infrastructure always an issue.
Ur so correct and are sharing valuable information. Many old projects at Viman nagar with big name ( resale ) have worst leakage and seapage issues and it’s not at all taken care by owner who is renting and also by society too. Worst situation 😮
Very good Analysis..I like your efforts.. Very helpfull information.. Thank you so much..
Buying overpriced and overhyped flats under FOMO is the biggest mistake i will never commit without checking all the relevant things.
Don't buy any under construction property. Thousands of Rera projects has failed. You are taking very high risk while under construction home. Which is not worth it. My own flat is not handover to me from last 5 years. Project: chandrai. Model colony by organic developer. Paritosh Pungalia
@SKS-777 from your prospective only reputed builders are good and trust worthy.
I can give you many "reputed" builders like lodha scamming people.
No exception they are United all builders are same. Everyone manage extention. They create lobby & keep very high rates.
@@askokkumar9967 You will not able to get flat in desired society and even resale of flat in certain area is rare. i.e amanora, baner
@@askokkumar9967
Don't buy any property at all. Renting makes sense now.
@SKS-777 how can one assess the developer scientifically and absolutely with zero risk and zero chance of self cheating?
Very well and detailed analysis. Prices are sky rocketing, timelines are 4-6 years for possession.
Pune has become an unaffordable market and cost of living is also increasing even in areas without basic infrastructure.
It's high time the government should consider developing. another city
@@awesomeworld557 you are right, for instance nagpur, nashik & chht sambhajinagar are 2 such cities in maharashtra. They are already industrial, but just more pusb is required for IT boom here.
And solapur and kolhapur are also good too but lack industrial environment there!
I sincerely believe that no one observes the market the way you do. The honesty with which you guide people is truly commendable. It’s up to the people how much they benefit from it, but my respect and salute to you are unwavering🧡
No nonsense content... Thx
Great content…It will definitely guide new buyers…आपने इस वीडियो में गागर में सागर भर दिया 🙏🏻
Amazing analysis.. totally agreed
This is ground level honest analysis. Very good job ! This buying behavior is abnormal and soon many people will be trapped like what happened in 2008. End users will at least compromise but investors who pumped money in hope of gaining more and more will be soon on the edge of a precipice.
Thankyou sir for the insights...really appreciate your knowledge of market and observational skills
Very good information.. Thanks for the video...appreciated
Must say it is a really good analysis. Good job done SaudaGhar team.
खूप छान अनुभव सांगितला. धन्यवाद
🧡🙏🏻
same with wakad and punawale..poor infrastructure, poor road condition and poor traffic management..people are not willing to pay 10k-15k per square feet for these shitty and overhyped places..hope these areas soon see market price crash and becomes normalise soon
After seeing this video my subscription is really worth it. Thanks for the good work and the awareness you are promoting !!!
Kya badhiya video bana kar logon ki aankhein kholne ka kaam kiya hai bhaisaab waah… 👍🏻👍🏻 FOMO ke chakkar mein salaried class log apni life daanv pe laga rahe hain…!
Very well observed and narrated details... Worth watching your video.. look like in coming years housing market gona stay same level like happened in 2014-2019...
Saudhagar always provide helpful information you always rock sir.gbu 👍
True true Stagnat 10years, I seen good society 9 years ago purchased flat at 27Lac 1bhk today hardly able sale at 32Lac
But prime area like kothrud 2bhk 29lac purchased is at 2cr now due CEO and valuables live there which justified
It's all about where,with whom,geeks ,startup guys, smart people's closet lot to considerr,easy connectivity, walkable distance etc lot thing matter
Blind purchase will harm purchaser badly the current scenario everywhere fomo prices
you are right. But prices in kothrud are also not justified.
Thanks for this informative video. Your analysis is really helpful for me.
Best
Very informative! excellent.
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Plus lot of headaches of maintaining property,society meetings,illiquidity,house tax,inability to move
Choice is yours 🤷
konsa bond h 10% wala?
What about land?
@@getvimlesh Your evaluation is incorrect. What about rent that you pay? Rather buy house, save the rent, invest it in market and earn both Return as well as real estate appreciation.
💯 ageee
@@AJAutoCustoms get interest from fd and invest into the stock market. U will get up to 7 percent interest rather than 2.5 percent.
Developers take money from ourselves and starts construction.
They don't invest single penny from their side during construction.
Valuable information
Very useful information
Very well explained
Bhot Badhiya Video... Waiting for data analysis video... Thanks in advance.
Gr8 video. they r bizi selling than focusing on building.. IT is slowing. Pune West ia stagnant now but builders in sweet dreams asking 2/2.5/3cr for 3bhk 😂
Such hyped projects r completion nightmare surely.
Avoid buying a home in Pune-it's overhyped. I've been living here since 2004, and unfortunately, there has been no significant infrastructure development. Despite what others might believe, the city has not progressed as much as it seems. Additionally, the price of flats is not justified by the current real estate market conditions.
Thoughts about nigdi, pcmc?
Very informative
Whenever you go to search for a home, they try to sell schemes. If you buy today then this much of a discount. Some of the builders will ask your budget and then quote their price based on your budget. Mostly on the higher side and ask to adjust money. Some of them don't have rera approved so they say because of that cost is low once approved it will go higher side. Multiple constructions are going on but no proper planning of water supply, electricity supply , roads security, police station which is basic need. They will promise so many things but at last we will have to say pls deliver at least house on time. As in the current Rainy season we have seen 70 lakh price house buildings were covered with water blockage issues. Also they have tie up with agents and 4-5 % they ask double for their share in the total cost. So my experience has been negative and shared. Not planning to buy a house in the current situation. Now they have a new way to raise the price microsoft has purchased land here only.
Good work SaudaGhar..Keep it up.
It’s as simple as the amount of salary hikes, business growth have stagnated or stopped entirely…so people don’t have that income now and also they don’t want to take risk due to unemployment fears
IT ppl are reason for price hike, where they can't negotiate. Now the average price in PCMC leaving moshi area is 70 + which is too high, and no one has control on it.
Thank you for the information. It was helpful..
VTP is the worst of all. They sell inventory based on market hype and promotion.
True
Very nice !
Sir, Very good Information with nice content, please also provide some review of upper Kharadi upcoming business park status.
Amazing work
Great you are 😊
Please suggest …Majestic Evolve …30:70 scheme in Kharadi
After 2021 because of Unprofessional growth in It market many peoples purchased Falts in pune, now since last year IT recession is going on now peoples have changed their mindset towards Real Estate.
But IT recession ne market price ko neeche to nahi laya. Price abhi bhi shoot up hi ho rahe. 3 months before a flat which I looked for 1.4 to 1.5 now the costing is 1.8
@@rizthetechieremember if prices are stable for 2-3 years it means price down if you calculate inflation. If under construction project has 500 flats, 450 flats should be booked within 2 months, if not then it's not good for investment.
@@rizthetechie try selling it and you will get the real picture
कितना भी रिसर्च कर लो. खरीदार फसता ही है। घर जरूरत है। लक्जरी नही।
Rent par rehna thik hai
@@Sandeepkumar-kk9nkrent bhi kafi expensive hai , aur owner kabhi bhi Jane ko bol deta h
@@rishisaxena7863 tenant achcha ho toh koi owner aisi galati nahi karega.... magar kuch tenant aisa behave karate hai ki khud malik hai...
You are wrong, aaj ki date me log ghar zaroorat ke hisaab se nahi luxury ko mind me rakh ke le rahe hai. Builders isi ka fayda utha rahe hai. 50-100 naam ki ameneties jo machis ki dibbi ki size ke dikha ke. Kuch bhi price rakh rahe hai
God video sir. Thanks for educating people.
har har mahadev Sir. Hail lord Shiva..
Har hr mahadev!
Thanks 👍🙏
Thank you 😊💐
Nice
Nice 👍
Could you cover something about Agreement to Sale and Sale Deed?
I have always wondered about what are the consequences of buying a property, signing the Agreement for Sale, taking posession, but not signing and registering the sale deed after posession.
Thank you
Metro Rail service is yet another public transport.
I am using 2 wheeler for office commute. I am not using public transport.
Will I use metro? No
Will there be better roads after metro? No
Will there be higher FSI for land near metro station? Yes
Person buying a house of 1.5 Cr near metro, will he use Metro or PMT bus ? No
He will probably prefer a car.
Pune needs good Footpath, Parking and Road
The wealth gap between rich and middle-class individuals has widened significantly due to COVID-19. As a result, the middle class is finding it increasingly difficult to purchase flats, as developers prioritize selling to wealthy individuals. Some developers even cancel bookings if someone else is willing to make a full cash payment.
I also observed the price also increased while giving 30:70 like majestic tower was 1.42 cr in april and now they are asking for 1.55 cr just coz pristine price is 1.48 cr
Because of outsider of Maharashtra, because they dont bargaining. They just want to have house in Pune. At any cost.
Wagholi is next lucrative destination....buy at low sell at high...
You are right
I have been in the searching since 2022 but developed same level of your thinking after careful research and till now not purchased becasue of all said points.
@@Andy-zg4zf I been also searching from last 1 year. But too high price which is not justifiable and possession also after 3.5 years
Take ready possession,resale flat.
@@sanjaysakhalkar3813 resale sellers have also becom greedy. They too are demanding same rate as new apartments in their area even if it's a 12-15 year old property.
Happy Raksha Bandhan festival to all of you Sir. Best wishes for you a happy and healthy day 💐
Bhai ka video dekhoge to aap kabhi bhi flat nahi le paoge. Ghar to sabi ki need he. Apne budget ke hisab se acha ghar lo. Is video se nigativ impact hota he
In nashik we are selling 3bhk with 850 sqft carpet @ 50lacs (all including). That in good location with medium infra
One point to give a thought upon: Builders anyway take loans from banks in completing the project. Don’t know if it’s practical in India, but builder should be allowed to sell flats only after it has completely built the project with required amenities. No sale should be allowed in launch period or even under construction. This way, builder’s reputation will be intact and people will get what they need-a complete rtmi flats. Over supplies, FOMO, unrealistic pricing, delays, every problem will be sorted.
They sale project early because they hold that money....70L flat In 3-4 year possession In reality cost 80-90 lac+ including ur rent u pay,ur flat rent u won't get , ur paid amount
Add all with month by month interest , interest + principles
Hello Sir, could you please make detail video on Park Titan, Marunji
Rates are not reduced but offers are spread. Inventory is as it is.
Building built in Mumbai which are 50-80 years old are still standing good but the new construction nowadays in Pune is so horrible and builders are just encashing money. As rightly said only few locations are developed but rates kept high in all areas. If u buy in Kalyani and Viman it’s like crores n crores thx to agents. Sad situation and future looks sad
Sir I would suggest to educate people to not buy flats unless it's for personal use.
Is the red line blue also valid for dams or is it just for rivers ?
In Jaipur too, a lot of construction took place in the name of Mahindra IT SEZ. Buildings kept coming up within a radius of 30 km from Jaipur city, but unfortunately by 2024, the culture of flats ended. The flats which were bought for 45 lakhs, their price has come down to 35 lakhs. On the other hand, the culture of villa raw houses increased where people are getting 3 BHK duplexes in the urban range in the range of 35 to 45 lakhs. So think who will buy a flat outside the city. Mangalam, Mahima, Unique Haveli, Vatika, Empire Estate, Aashiyana, City Home, Urban, Platina, Sage, Orchid, UB Builders and many other projects have completely failed. Now the price of these flats has come down to half. Flat owners are not even getting tenants. Construction is being done all over the world in the name of development. But on the other hand, prices are falling at the same pace
This is worrying situation for people reason first now developers are following Mumbai pattern in which small room size with unnecessary price hike. Second it is bad for environment it affects air flow that's why we face 2024 harsh summer. Third same rise of floor price like Mumbai which is ok in Mumbai because of air issue and humidity but this case is not with pune we get cool air at every floor. Simply it's trap.😅😅
Thank you so much for such an informative video..🙏
Sir can we have an informative video on an upcoming project of purva in Keshav nagar next to mantra Insignia. I am planning for investment but worried as their last project silversand was a big flop.
Anyone purchased at Charholi Fata ?
Future predictions about it ?
👍👍👍
Realestate was unorganized sector earlier now with Rera trust has increased. with return to office then instead of paying huge rents people are buying properties and they can get loans as they have good cibil report and credit history.There is nothing wrong about it more demand then supply so builder asking more price. One thing builder and govt not understanding that people ready to pay if there is good infrastructure in areas, roads, water etc... this is where Pune is lacking. No proper infra in areas like Punawale, thergaon, kiwale, hinjewadi no proper cleaning by municipality. So yes dont buy property for investment and only buy when you see area is developed and has basic roads, water all available
Rera is myth (accept few goods). Builders know how to manipulate the things
Thanks for such a nice video.
Buyes please understand few things and myths
1. Rera doesnt mean that everything is ok with the project. This is the big myth buyers have now days and builders take a advantage of it.
2. As usual, like any politicians, builders also sell you dreams bcs u always say, dream home, dream home. Be in reality and dont be so much emotional on this.
3. Dreams means builder say we have all the amenities but check do they really deliver thise in given timeline. So many projects struggling for the amenities after possession. But in the name of amenities builders already take a huge maintanence for 2 years lets say.
4. People more thinking on luxury than the actual need. Hence builder shows the luxury amenities dream and compromise the quality of your home.
5. Another myth, this project has great connectivity. They show map and explain roads which not at all built 😂. This has sanctioned and that has sanctioned 😂.
Lets not fall on any words of builder and sales person and CP and brokers. They don't think twice before telling a lie to you.
Pune rates are hyped.
Pune based architect here
Please tell us how to connect to discuss few things based on your channels and some important debate on real estate current market vis a vis new ideas for correction
Regards
Life canvas mamurdi is good for buy
American Fed (Reserve Bank of America) has indicated rate cuts in September.
This means, there will be money in US market. So all companies will start spending on IT, which they had reduced since last two years.
This will improve IT earnings in India.
IT salaries are stuck for some time, new recruitment is low. Things will improve in next two years.
This has direct impact on Pune real estate.
If this doesn’t happen, there will be solid recession in real estate. Unlikely to happen, especially if Trump becomes President.
We have limited life span, we must think about the dream house.
Fed rate is disconnected already by IT companies
Nifty IT trading @35 pe
@@mrsandip001
CAGR of IT Shares for last 3 years
INFY 5%
TCS 6%
Wipro (-)7%
TechMahindra 5%
LTIMindtree 4%
I won’t say anything much, but these figures indicate that a trigger in IT Sector will cause gains in near future
And
That trigger is going to be Fed rate cuts.
Please make video dedicated to LifeRepublic kolte patil hinjawadi.
👌
Thanks for this video. Pls I wanted to know how is Kalpataru skyline project in banner is it worth?
Sir, Alufom MIVAN se aap minimum 4 Days slab cycle rakh sakte hain and on average ham 8 din ka slab cycle consider karte hai
That might be the optimum pace for Aluform construction, but currently, no construction work in Pune or Mumbai is happening at this speed. It’s taking at least one month to cast a single slab.
👊🏻🤗😱Everyone think- 10K~30K Rent or 70K~80K EMI 4r NXT 10~20yrs (for unrealistic Real-estate Flat Rates) 👊🏻😱👊🏻Don't buy home henceforth only prefer Rented House👊🏻
New rule ki wajha se project mai density bada di ab sam area bahot log aynge
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