When it comes to buying 2 BHK flats in Bangalore in comparison to purchasing 2 BHK flats in Pune, which should you go for? This is one choice that will be pretty hard to make since both cities offer good livability and ample housing options. While on the real estate count, both markets are sufficiently developed and have immense future potential, Pune does edge out Bangalore on two key parameters. Firstly, Pune real estate can be more affordable especially in developing areas which is a rarity in Bangalore. In Bangalore, owning a home is mostly expensive and this is one area where Pune scores albeit by a limited margin. Secondly, Pune has better future growth prospects for investors in comparison to Bangalore. Bangalore is already facing the typical metropolitan city syndrome, i.e. saturation in property markets, sky high prices, limited availability of land and project scope and limited future growth and appreciation potential. Pune, on the other hand, is still a work in progress in terms of overall infrastructure and several new areas have ample scope for future development.
This is why you may feel it prudent to purchase 2 BHK flats in Pune in comparison to 2 BHK flats in Bangalore in these cases. However, if you have the budget and are not really bothered about future appreciation or growth potential, then you can give Bangalore a shot. In terms of overall livability, you must understand that both Bangalore and Pune have ample traffic congestion and traffic conditions are equally bad in both cities. Pune is smaller than Bangalore and the roads are a little wider though. Bangalore has the metro system which is steadily expanding and Pune does not yet have a metro network. However, a metro system has been sanctioned for Pune. Bangalore has good public transport facilities especially buses. Pune, however, has limited and overcrowded transport facilities.
When it comes to job growth and commercial viability, Bangalore wins hands down, being the IT Capital of India. However, if you take cost of living into account, Pune is considerably cheaper than Bangalore and this is another factor that should spur you to opt for Pune. Additionally, the weather in Bangalore is better round the year. Social amenities and infrastructure wise too, Bangalore edges ahead but only just. Overall, Pune is the best place to invest in property from a long term perspective. One of the hottest projects in the city is Galaxy One which offers 2 BHK apartments sized at 1149 sq. ft. each and prices stand at INR 68.94 lakhs as on September 2016. The project is located at Kharadi near the Solapur Road and Nagar Road. Key attractions include a gymnasium, playing zones for kids, tennis court, CCTV surveillance, basketball facilities, 24 hour security services, rainwater harvesting and more.
For more details please contact: 9205181129