When planning to buy a flat in Pune, especially with the goal of settling in by 2025, a well-structured timeline can save you time, stress, and money. In this blog, we will offer you a step-by-step guide that will help you plan your flat-buying journey from the initial research phase to moving in. In addition, we will also introduce you to Kohinoor Group Pune - one of the leading real estate developers in Pune
1. The Initial 2 Months - Start with Research
Exploring the Pune real estate market would turn out to be really beneficial for you. What you need to do first is assess your budget based on current property rates, location preferences, and loan eligibility. See if you wish to be in one of the bustling areas or the quieter suburbs. You could refer to online real estate platforms, take help from local realty agents, and even project websites.
2. Set Your Priorities Before You Buy a Flat in Pune
In the third month, you could outline your personal requirements. Consider the ideal flat size, configuration (1BHK, 2BHK, or 3BHK), amenities like a gym, pool, or children’s play area, and accessibility to key locations like schools, workplaces, and hospitals. List your must-haves to stay focused on your ideal property. This will help you in avoiding extras that may inflate the budget.
3. Shortlist and Visit Properties (Months 4-6)
By now, you should have narrowed down a few promising options. Schedule visits to these projects to get a firsthand experience of each location and its surroundings. During these visits, inquire about the builder’s history, project timeline, and any unique selling points. Take note of construction quality, space utilisation, and overall project layout. Don’t hesitate to visit multiple times or on different days to get a feel for traffic patterns, noise levels, and ambiance.
4. Secure Your Loan and Finalise the Flat (Months 7-8)
Once you have shortlisted 2-3 properties in Pune, it’s time to secure financing. Approach your bank or financial institution to understand loan eligibility, interest rates, and EMIs. Once you finalise a loan, you may want to negotiate the flat’s price with the builder or developer. Don’t shy away from asking for additional benefits like waiver of registration fees, modular kitchen fittings, or furniture discounts, as developers may offer perks to close the deal. Look out for attractive offers. For instance, Kohinoor Group Pune recently had a Kohinoor Dil ki Deal Celebration where they offered really enticing deals.
5. Legal and Documentation (Months 9-10)
Property transactions require thorough documentation. Ensure the flat has clear titles, proper approvals from regulatory bodies, and adherence to local laws. It is recommended that you hire a legal professional to ensure a hassle-free buying process.
6. Prepare for Possession (Months 11-12)
As you approach the possession date, coordinate with the builder for any final payments and an inspection of the property. Verify that all promised amenities, fittings, and finishes are in place. Once satisfied, obtain the possession certificate and confirm the transfer of utilities like water, electricity, and internet.
If you are looking to buy flat in Pune and are on the lookout for reputed real estate developers in Pune, you must take a look at the developments by Kohinoor Group Pune. With a rich legacy of 40 years, Kohinoor Group Pune has crafted several landmarks, and is known for its excellence and customer-centric approach.
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