Ongoing Apartments in Pune

The Hinjawadi side

Hinjawadi is Pune's largest IT park, and much of the city's mid-priced housing grows around it. Two projects here aim at first-time and young family buyers. Kolte Patil Life Republic, a large township, starts at Rs. 36 Lakhs for 1 to 3 BHK homes. Godrej Woodsville offers the same range from Rs. 56.5 Lakhs.

Godrej Serene at Mamurdi, on the north-western edge of the city, starts at Rs. 52 Lakhs for 1 to 3 BHK homes. It suits buyers working in the Pimpri-Chinchwad industrial belt as much as those heading to Hinjawadi.

Larger homes nearer the centre

Birla Punya at Sangamvadi, near the old city, has 2 to 4 BHK homes from Rs. 1.85 Cr onwards. Total Environment Songs from the Wood, at Uday Baug, is priced at Rs. 3.05 Cr for its 3 and 4 BHK plans. These are for buyers who want to stay closer to the city's established neighbourhoods and can pay for space.

Living with an ongoing project

An ongoing project has broken ground, so you can see real work on site rather than a sample flat alone. It is still years from handover, though, and you pay as it rises. Weigh that against your rent, your loan EMI and how long you can carry both.

A few habits help:

• Note the completion date on the project's MahaRERA page and treat it as the earliest you are likely to move in.
• Read the quarterly progress updates the developer files there, and compare them with what you see at the site.
• In a big township, ask which towers, roads and amenities are ready now and which come later.
• Confirm whether the price includes parking, club charges and the society corpus, and how GST is applied to each instalment.
• Keep every payment receipt and letter from the builder, since you will need them at registration.

Check the commute from the exact tower too. Traffic around Hinjawadi at peak hours can stretch a short distance into a long trip.