By Soniya Gaonkar on Apr 19, 2022 7:43:04 PM
Pune has grown in popularity as a global city, attracting visitors from all over the country and world. This is because, in recent years, infrastructure development has grown at twice the rate of many metro centres in the city. Moreover, thanks to the presence of the city's many national and multinational corporations, job prospects are also on the rise.
According to homebuyers, property prices in Pune have been rising in recent years as infrastructure, jobs, and housing have improved. As a result, potential buyers are inquiring about property in the city according to demand and supply scenarios, and now may be a good time to buy if you're seeking discounts and a price advantage.
For these customers, Kohinoor Group, Pune's most trusted real estate group, launched Kohinoor Coral near Pune's biggest growth hub - Hinjewadi.
How is Hinjewadi for property investment?
Hinjewadi is a rapidly growing neighbourhood in the city. It is popular as the best area to invest in Pune. Also, it is considered Pune's economic hub, and purchasing real estate there now could be a great way to increase your income while also offering a wonderful location to raise a family.
The Rajiv Gandhi Infotech Park, which houses a range of IT enterprises and employs over 70000 people worldwide, is located in Hinjewadi.
In addition, Hinjewadi has plenty of malls, pubs, bars, colleges, hospitals, grocery chains, convenience stores, civic amenities, etc.
Note: The average price per square foot is Rs 6,000.
What are the benefits of investing in Hinjewadi?
The demand for commercial and residential properties has increased in many city areas, but Hinjewadi is at the top of the list. Here are a few reasons why you should buy property in Hinjewadi:
- Rajiv Gandhi IT Park, as previously said, is close by, making the commute stress-free and comfortable.
- The bulk of restaurants, shopping malls, and theatres are within walking distance of the IT hub and residential buildings. You may have the best of both worlds at Hinjewadi.
- You may prevent burning a hole in your wallet by choosing economical home options in Hinjewadi.
What is Kohinoor Coral?
Mulshi to Hinjewadi ph 3 is a mushrooming real estate site in Pune. It is mainly recognised as a tourist attraction or for weekend getaways. However, people from all around Maharashtra are increasingly interested in investing in this burgeoning property space.
Combining the most value for money flats in Hinjewadi phase 3, 2 BHK flats in Kohinoor Coral is a concept of premium residences at an affordable rate in an expanding neighbourhood, distinguishing it as a perfect marriage of form and function.
The project combines excellent architecture, innovative design, and competitive pricing. Purchasing a flat here would fulfil all of your dreams of owning a 2BHK flat in Hinjewadi phase 3 while also allowing you to live a luxurious lifestyle.
Kohinoor Coral has you covered when it comes to healthcare, educational institutions, and other necessities. In addition, due to Hinjewadi's proximity to Mumbai, Kohinoor Coral provides a convenient and quick commute to the financial capital.
Furthermore, the project is also adjacent to important city locations such as Baner, Wakad, Kothrud, Shivaji Nagar, and others.
- Party Lawn
- Multi-Activity Space
- Toddlers' Room
- Multipurpose Hall
- Cafe & Co-Working Space
- Reception & Lobby
- Kids' Play Area
- Tree Court With Pergola
- Multi-Activity Court
- Swimming Pool
- Yoga Zone
- Steam Room
Benefits of investing in Kohinoor CoralHere are two major benefits of investing in Kohinoor Coral:
- Long Term Financial Security:
The advantages of investing in Kohinoor Coral include long-term financial security. When you have a consistent flow of cash, the benefits of this investment will pay you financially for a long time.
Changing your 2 BHK in Kohinoor Coral into a rental property will provide a sense of stability due to the property's long-term value appreciation. This means that the value of your property will almost certainly rise as land and buildings appreciate in value.
- Tax Savings:
One of the advantages of investing in Kohinoor Coral is that investors receive tax breaks. This is one of the main reasons why so many people decide to buy Kohinoor Coral and turn it into a rental property. Newcomers looking for work in Hinjewadi's IT companies will most likely rent your house.
Rental income is also exempt from self-employment tax. Tax benefits are also available for depreciation, insurance, maintenance repairs, travel expenditures, legal fees, and property taxes, among other things. As a result, as a Coral Investor, you will benefit from lower tax rates on long-term investments.
Who should consider buying a property at Kohinoor Coral?
- People looking for a lucrative real estate investment opportunity.
- People from Navi Mumbai, Thane, Nashik, Kolhapur, Nagpur, Aurangabad, and other areas of the city are looking for a second house.
- People who wish to make a living in the city and work for or near IT firms.
How is the ROI, if you invest in Kohinoor Coral?
Hinjewadi IT Park is a great area where real estate returns have been the most profitable. In terms of rentals, the annual return on investment at Kohinoor Coral is estimated to be between 10-15%. Furthermore, a 2 BHK home in Kohinoor Coral can rent INR 15,000 - 20,000 per month.
Related Post - Kohinoor Coral: The Gateway to Multifold Your Wealth
So, how can you start investing in Kohinoor Coral?
Buying a property in Kohinoor Coral doesn't require a significant amount, as it is one of the most affordable properties in Hinjewadi, offering the most value for money. Also, Kohinoor Coral offers plenty of financing options from leading banks.