Investment | Gini Construction https://giniconstructions.com Tue, 27 Jul 2021 12:08:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.5.6 https://giniconstructions.com/wp-content/uploads/2018/12/favicon.png Investment | Gini Construction https://giniconstructions.com 32 32 Dhanori – Pune’s Major Investment Destination in the Offing https://giniconstructions.com/blog/investment/dhanori-upcoming-investment-destination-in-pune/ https://giniconstructions.com/blog/investment/dhanori-upcoming-investment-destination-in-pune/#comments Sat, 24 Jul 2021 12:07:43 +0000 https://giniconstructions.com/?p=5052 Formerly a tiny hamlet nestling serenely on the eastern side of Pune, Dhanori has now transformed into an urbanized residential hub. For a strategically located place like Dhanori, phenomenal growth is something that was waiting to happen; it was just a matter of time. During the course of its development, Dhanori effortlessly acquired a slew […]

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Formerly a tiny hamlet nestling serenely on the eastern side of Pune, Dhanori has now transformed into an urbanized residential hub. For a strategically located place like Dhanori, phenomenal growth is something that was waiting to happen; it was just a matter of time.

During the course of its development, Dhanori effortlessly acquired a slew of advantages that established its image as the ideal place for residing and property investment.

In fact, Dhanori has now become synonymous with the ultimate in comforts and luxurious living as it offers umpteen benefits to homebuyers. It has become a desired address for people spanning diverse backgrounds, professions, and needs.

Residents of Dhanori call it the perfect choice that has lived up to all their expectations. They have adjudged it as a place that effectually caters to the needs that a quintessential modern family, whether big or small, would have.


Awe-inspiring Facts to Know about Dhanori

Dhanori is counted amongst the most coveted residential locations in the city of Pune.

Advantages that make this place truly special and desirable:

Locality

Dhanori Locality

Dhanori is sited in the eastern part of Pune city. It, therefore, boasts of vicinity to Pune’s well-known parts like Koregaon Park, Viman Nagar, Vishrant Wadi, Kalyani Nagar, Camp, and. Lohgaon and others.

Infrastructure

Dhanori boasts of superior quality social infrastructure that accords its residents with the easy, convenient lifestyle they seek. It hosts the finest educational institutes, medical facilities, tech parks shopping complexes, entertainment and recreational centers that make it the perfect choice for people from diverse groups and backgrounds.

Educational Institutes

Top-notch respected names like Army Public School Dighi, Air Force School, Kendriya Vidyalaya, St. Peters School, Pune International School, Indian Institute of Architects, D Y Patil, and several others are located in Dhanori.

Hospitals

Hospitals in Dhanori

Sushrut Multispecialty Hospital, CT Hospital, Orchid Hospital, Dhanwantari Hospital, Sparsh Orthopedic, Shree Hospital, Patil Hospital are some other the best modern medical facilities in Dhanori offering the best medical care.


Suggested Read: 6 Reasons To Invest in a 2BHK Flat in Dhanori


Tech Parks

Tech Parks in Dhanori

Many IT parks in and around Dhanori make it a highly desirable location for tech professionals. Eon IT Park, Panchshil Tech Park One, Commerzone IT Park, and many others are within or at a stone’s away from Dhanori, which have been spoiling techies for choice.

Retail and Shopping centers

Retail and Shopping centers

Shopping malls and centers like Big Bazaar, Inorbit Mall, Phoenix Mall, Shoppers Orbit, Pulse Mall, and Goodwill Square among many others are located in Dhanori. They are just perfect for shopaholics who look for a fine shopping experience and world-class entertainment.

Transportation Facilities

Dhanori is a well-connected place that offers travelers the desired convenience to travel to different locations. Pune Airport is within two minutes’ travel time distance from Dhanori. while Pune railway station is located 8km away.

A well-planned network of roads including VIP Road, Nagar Road, Lohgaon Road, Airport road, and others further make commuting by road in and outside Dhanori quicker and easier.

Key factors Fuelling Growth in Dhanori

An array of advantages has played a dynamic role in the development of real estate in Dhanori. Dhanori is witnessing an exponential transformation and growth in the residential and commercial sectors.

As a neighbor of prime localities like Viman Nagar, Yerwada, Kharadi,  Vishrant Wadi, and others, Dhanori figures are among Pune’s most preferred locations for homebuyers as well as commercial establishments. Several residential projects brimming over with world-class amenities have been built here by top developers like Gini Constructions.

Major corporate houses have also established their commercial projects in this locality, which speaks of the strategic importance it enjoys. Professionals residing in Dhanori find ample job opportunities in their locality as well as neighboring areas.

What’s more, Dhanori is not a heavily populated area and yet offers the best amenities and facilities to residents as well as commercial players. It is counted among the most popular residential destinations in a metropolitan city like Pune, which is testimony to its sheer value as one of the best locations.

Affordable Property Prices

Dhanori offers homebuyers the best residential property choices at unbelievable property rates compared to other localities. Property rates in places like Viman Nagar, Kalyani Nagar, Vishrant Wadi, and others are comparatively higher than in Dhanori, which is less crowded, far more peaceful, and vibrant.


Also Read: Buy a flat in Dhanori & bless yourself with a beautiful living


Conclusion

Dhanori has emerged as the go-to destination for people contemplating where to invest in Pune. Projects like Gini Constructions are counted among Pune’s ideal investment destinations even for mid-segment homebuyers.

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5 Factors NRIs need to Consider before Investing in Pune https://giniconstructions.com/blog/investment/top-factors-nris-need-to-consider-before-investing-in-pune/ https://giniconstructions.com/blog/investment/top-factors-nris-need-to-consider-before-investing-in-pune/#comments Wed, 12 May 2021 05:35:05 +0000 https://giniconstructions.com/?p=4997 Pune is amongst India’s top cities preferred by NRIs for real estate employment opportunities and huge Return on investment property buying in Pune is a lucrative option for NRI investors. Besides, the cosmopolitan culture, connectivity to Mumbai, and great weather all year round are some other reasons why NRIs love Pune. It is estimated that […]

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Pune is amongst India’s top cities preferred by NRIs for real estate employment opportunities and huge Return on investment property buying in Pune is a lucrative option for NRI investors. Besides, the cosmopolitan culture, connectivity to Mumbai, and great weather all year round are some other reasons why NRIs love Pune.

It is estimated that over 28 million Indians living overseas. When they repatriate their income back home, it is the world’s largest inward remittance. (approximately $70 billion annually). The bulk of this NRI money goes into the real estate sector. 

Let us run through a few pointers that NRIs must keep in mind before making any investment in Pune. 


5 Factors to Consider Before Investing in Pune

1. Excellent ROI and high rental demand

Excellent ROI and high rental demand

Pune offers excellent employment opportunities, which keep both commercial and residential real estate in high demand at all times. Properties in Pune are affordable when compared to other major cities.

 

2. Outstanding infrastructure

Outstanding infrastructure

As a city, Pune offers its residents a world-class and enriched lifestyle. From excellent restaurants, gourmet cafés, luxury hotels, and spas, to shopping malls, multiplexes, reputed schools, world-class hospitals, high-end commercial hubs. Pune is well connected to India’s commercial capital, Mumbai. This kind of development has given rise to several high-quality and ultra-modern residential and commercial projects in the city.


Suggested Read: Smart Tips for Real Estate Investment in Pune


3. Education & Employment Hub

Education & Employment Hub

Pune is home to the largest number of software companies in India, followed by Bengaluru and Hyderabad. The city is also known for its reputed educational facilities. 

 

4. Attractive Discounts on Properties

Attractive Discounts on Properties

Several real estate developers are dishing out flexible payment plans and discounts on the purchase of flats/apartments. Besides, there are deferred payment schemes that have empowered home buyers and investors to reconsider investments in other avenues and veer towards real estate. 

 

5. Rules & Laws for Investment, Easy Loans

Rules & Laws for Investment, Easy Loans

  • An NRI or Person of Indian Origin (PIO) can own both residential as well as commercial properties in India.
  • There is no restriction on the number of properties you can buy.
  • The rules for any such property transaction fall under the Foreign Exchange Management Act (FEMA).
  • The financial transaction must be in Indian rupees (INR) and through normal banking channels using an NRI account.
  • NRIs can apply for a home loan in India for up to 80% of the property value, depending on individual eligibility. The loan can be repaid in various ways, including inward remittance through regular banking channels, by debit to self NRE/FCNR (B)/NRO account, and rental income earned by the property.
  • As an NRI, you can make a profit on the investment regarding rental income, short-term capital gains, and long-term capital gains. All of these incomes are taxable. However, the tax slab rate varies, and exemptions can be claimed under sections 54, 54F, and 54EC.
  • An NRI investor can avail of the same tax benefits on property purchases as a resident Indian. As an NRI, you can claim a tax deduction of Rs. 1 Lakh under Section 80C of the Income Tax Act.

 

Exceptions

NRI investment cannot be done in agricultural land, farmhouse, and plantation property (they cannot purchase) unless they’ve been gifted or inherited. To acquire agricultural land/plantation property/farm house in India, NRIs must get approval from the RBI and the government.

There is no dearth of residential projects in Pune. However, choosing a good developer is critical. Since NRIs are based outside of India, it is important to pick a developer with a proven track record of timely delivery of projects, credibility in the market, and quality construction. In case, you have looking for one such developer, Gini Constructions is a good bet. You may check out Gini Belvista in Dhanori & Gini Aria in Yeolewadi from Gini Constructions. This group is a well-known name in the Pune reality circle and these two projects offer you a range of apartments to choose from. 


Conclusion

NRIs like to have a place back here in India, their homeland. The RBI’s regulations on it are fairly easy as and currency rates are favorable too. So if you’re an NRI looking forward to buying property in Pune, here is your ready reckoner!

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4 reasons why property investment in Dhanori, Pune is a wise decision https://giniconstructions.com/blog/investment/reasons-why-property-investment-in-dhanori-pune-is-a-wise-decision/ https://giniconstructions.com/blog/investment/reasons-why-property-investment-in-dhanori-pune-is-a-wise-decision/#comments Tue, 27 Apr 2021 18:55:39 +0000 https://giniconstructions.com/?p=4963 Dhanori’s transformation from a small eastern suburb of Pune to a fully-developed residential locality is truly commendable. Today, it is an integral micro-market of the real estate scenario in Pune. Dhanori is a fast emerging residential destination that lies close to the industrial zones and the IT hubs of Pune. Blessed with good civic amenities, […]

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Dhanori’s transformation from a small eastern suburb of Pune to a fully-developed residential locality is truly commendable. Today, it is an integral micro-market of the real estate scenario in Pune. Dhanori is a fast emerging residential destination that lies close to the industrial zones and the IT hubs of Pune. Blessed with good civic amenities, it enjoys excellent connectivity with other parts of greater Pune. Being more affordable than Pune city there is no dearth of real estate projects in Dhanori.

Let us explore what makes Dhanori a great investment bet.


4 Reasons Why Danori is a Good Location for Property Investment

1. Connectivity

Good Connectivity

  • It has good connectivity to Lohegaon Airport (6 km) and the railway station (9km) and has attracted many real estate developers to come up with residential and commercial projects.
  • Dhanori is also well connected by road to the key industrial area like Pimpri-Chinchwad, Talegaon, and Saswad.
  • Few major roads run through Dhanori include Sant Dnyaneshwar Marg, Nagar Road, and Deccan College Road.
  • There are Dhanori Bus Stand, Viman Nagar Bus Stand and the Shivaji Nagar Bus Stand for bus commuters
  • Shivaji Nagar railway station lies close by and Khadki railway station is approximately 10 km away.
  • Pune Airport is about 15 minutes drive from Dhanori.
  • Key destinations such as Koregaon Park, Vimannagar, Kharadi, Kalyaninagar, and Magarpatta are at 8km, 5km, 10km, 8km, and 12 km respectively. The area is also connected to Mumbai-Pune Expressway.

 

2. Social Infrastructure

The location boasts of excellent social and civic infrastructure with best-in-class educational institutions, hospitals, bank & ATM branches, and restaurants.

  • Entertainment hubs

Soho’s restaurant, Diamond Water Park, Phoenix Market City, Bund Garden, Public Garden, Gunjan Talkies

  • Educational Institutions

School: Holy Angels, St Joseph School, Royce International School, Don Bosco High School, Bishop’s School, Lexican Kids,

Colleges: Deccan College, Ness Wadia College, Christ College, Symbiosis Law College, Symbiosis Institute of Media Studies, Dr. Ambedkar College of Arts and Commerce, International Institute of Hotel Management.

Hospitals

  • Hospitals

Dhanwantri General Hospital, Chris Rock Edward Paul Hospital, Vedant Clinic, Ujjwal Hospital, Vishwa Shanti Hospital. There are meditation centers and fitness clubs such as Brahma Kumaris Dhanori Yoga Centre, Wellness 24, Fitness Mantras, FirstFitt, etc.

Besides, there are sports facilities such as Badminton Birdies, Joggers Park, Udaan Bio-Diversity Park, Smashers Arena, Maitree Garden.


Suggested Read: Why Dhanori is an excellent investment option?


3. Employment Hubs

Some of the famous employment hubs are easily accessible from Dhanori. (The distances are approximations).

Employment Hubs

  • Comer Zone IT park: 8 km
  • Panchsil Tech Park One: 7.5 km
  • Business Bay: 8 km
  • EON IT Park: 12 km
  • World Trade Centre: 12 km
  • Magarpatta City: 14.5 km

4. Less Congestion, Great ROI

Pune city is overcrowded and congested. With lower property prices, Pune suburbs are bursting with real estate projects. Investment in property in Dhanori is bound to give you excellent returns on your investment. Offering a range of projects, from premium to affordable, there are homes for everyone. Proximity to the road, rail, air transport, the area promises good returns on investment.

There is a range of homes for sale in Dhanori catering to individuals from all walks of life. If you have been looking at some good real estate property in Pune you must check out Gini Belvista.  It offers you spacious 2BHK flats in Dhanori with ample sunlight and fresh air. Gini Belvista is a project from Gini Constructions, a trusted real estate company in Pune known for its construction quality and timely delivery of projects.


Also Read: Gini Belvista – Apartments loaded with amenities and open spaces


Conclusion

The USP of these houses is the natural and scenic views that you get to see from your apartment. There are vast open and green spaces within the premises. Besides, these homes do not share any common walls. The project offers all luxurious facilities & amenities you may think of; from a swimming pool to the clubhouse, party lawns, senior citizen park area, etc.

Offering excellent social infrastructure: employment hubs, schools & colleges, public transport, entertainment options, and so on, Gini Belvista would meet all your expectations & needs; you can bet your money on a flat in Dhanori!

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Why Dhanori is an excellent investment option? https://giniconstructions.com/blog/investment/why-dhanori-an-excellent-investment-option/ https://giniconstructions.com/blog/investment/why-dhanori-an-excellent-investment-option/#comments Fri, 26 Feb 2021 13:47:05 +0000 https://giniconstructions.com/?p=4848 Pune has always been amongst the top contending cities in India for homebuyers. Its greenery and quaint weather have always attracted people from all over the country. The city enjoys good market drivers and a vibrant real estate scenario.  Dhanori is a premier residential area and a developing suburb near Pune. Offering excellent social infrastructure, […]

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Pune has always been amongst the top contending cities in India for homebuyers. Its greenery and quaint weather have always attracted people from all over the country. The city enjoys good market drivers and a vibrant real estate scenario. 

Dhanori is a premier residential area and a developing suburb near Pune. Offering excellent social infrastructure, proximity to employment hubs, and connectivity, there is no dearth of flats in Dhanori. There are several under-construction and ready-to-move-in projects available in Dhanori. 

Let us look at a few pointers to understand why Dhanori is a sought-after residential destination in Pune.


Reasons why Dhanori is an excellent investment option?

1. Connectivity

Connectivity.

  • A few major roads which run through Dhanori include Sant Dnyaneshwar Marg, Nagar Road, and Deccan College Road.
  • For bus commuters, there are Dhanori Bus Stand, Viman Nagar Bus Stand, and the Shivaji Nagar Bus Stand.
  • Shivaji Nagar railway station lies close-by and Khadki railway station is approximately 10 km away.
  • Pune Airport is about 15 minutes drive from Dhanori.
  • Additionally, Dhanori is surrounded by Pune’s most posh neighborhoods of Koregaon Park, Mundhwa, Kalyani Nagar, Viman Nagar, Ravet, and Kharadi.

2. City Congestion

City Congestion

The main city in Pune is saturated now with the suburbs booming with countless benefits. A small business district earlier, Dhanori has now transformed into a rapidly growing residential as well as an industrial area. 

3. Property Price Appreciation

Property Price Appreciation

Dhanori has witnessed a consistent rise in property prices over the last few years. Offering a range of projects, from premium to affordable, there are homes for everyone. Proximity to the road, rail, air transport, the area promises good returns on investment.


Suggested Read: Investing in a 2 BHK in Dhanori will reap you incredible benefits


4. Employment Hub

Proximity to major employment hubs has given rise to the demand for more and more residential units. Some of the major commercial hubs close to Dhanori include:

  • Phursungi IT Park, Magarpatta City, and the Amanora Parktown that is located about 14 km away
  • The Tech Park One Yerwada and the Weikfield IT Citi Info Park which is 6 km away
  • RMZ Westend is around 13 km away.
  • World Trade Centre, Cerebrum IT Park, and the EON IT Park are approx. 12-13 kilometers from Dhanori.

 5. Social Infrastructure

Social Infrastructure

Dhanori is blessed with excellent social infrastructure. From educational institutes, hospitals, banks, ATMs, restaurants, and more, Dhanori offers everything you would need close-by. Some of the reputed schools include The Symbiosis International School, The Lexicon International School, and The Bishop’s School. Some well-known hospitals include the Columbia Asia Hospital, Shree Hospital, and Ruby Hall Clinic. 

6. Entertainment Options

For the shopaholic, there are numerous options like Phoenix Market City, Inorbit Mall Pune, and Lunkad Skymax Mall. Besides, there are several tourist spots around too.

Given so many benefits, every builder offers residential projects in the area. If you are looking for 1 & 2 BHK homes in Dhanori, there is a residential project from Gini Constructions that you should not miss out on, it is Gini Belvista


Also Read: Gini Belvista – Apartments loaded with amenities and open spaces


Gini Belvista

Gini Belvista

Gini Belvista offers you well-ventilated homes with scenic natural views. Blessed with greenery around you get access to what most people yearn for-fresh air it is! The project offers vast open spaces and fresh environs. The homes are designed such that every inch gets ample sunlight and fresh air. 

Gini Belvista is a great option for homebuyers looking at 1 & 2 BHK homes in Dhanori. The project boasts of homes that do not share common walls. Get your privacy with no noises from around. The project offers all luxurious amenities you may think of; from a swimming pool to a clubhouse, party lawns, senior citizen park area, etc.

The project enjoys excellent connectivity to employment hubs, schools & colleges, public transport, entertainment options, and so on. Basically, you get everything you need just a step away.


Conclusion

Dhanori makes for a good investment option given its social infrastructure, employment hubs offering a good land appreciation value to the homebuyers. So, if Dhanori is the preferred location for your home, check your dream abode in Gini Belvista now!

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Smart Tips for Real Estate Investment in Pune https://giniconstructions.com/blog/investment/smart-tips-for-real-estate-investment-in-pune/ https://giniconstructions.com/blog/investment/smart-tips-for-real-estate-investment-in-pune/#comments Wed, 20 Jan 2021 18:12:13 +0000 https://giniconstructions.com/?p=4900 If you’re keen on making a property investment in the city of Pune, it is believed that anytime is the right time to undertake this venture. As a major metropolitan pulsating with umpteen career opportunities across industries, notably the IT sector along with top-quality residential projects and facilities, Pune is the right destination to head […]

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If you’re keen on making a property investment in the city of Pune, it is believed that anytime is the right time to undertake this venture. As a major metropolitan pulsating with umpteen career opportunities across industries, notably the IT sector along with top-quality residential projects and facilities, Pune is the right destination to head to for making real estate investment.

If you’re ready and all set to make property investment in 1 & 2 BHK flats in Pune (or any other configuration for that matter), make sure you start by first reading the real estate investment tips.


Real Estate Investment Tips

1. Zero in on the Right Location

This is one of the golden property investment rules that no buyer or investor overlooks. The property you invest in should be at a location which is a modern, developed region with good infrastructural and transportation facilities. It should be in proximity to all the important facilities like educational institutes, offices, healthcare centers, entertainment, and recreational areas. It should also be easily accessible from other places so that commuting is always easy and convenient.

2. Carpet Area

Carpet Area

The carpet area of your apartment is the exact space you ultimately occupy. It does not include the area outside the house but is mentioned as a super built-up area. Ask the seller to share the total carpet area of your home as that’s what you’ll be actually getting to use.

3. Price

A smart property investment move materializes when you are aware of your exact position and budget and know how much the property you want to acquire costs. Make sure you’re ready with these details before taking the final decision.

4. Amenities and Conveniences

When you make a real estate investment, you must ensure that the property offers all the amenities and facilities that you need. Even if you are purchasing the property for investment, proper amenities and facilities will provide great returns in the future. 

5. Possession Date

Possession Date

Getting possession of your home without delay is very important. You must have an idea about the timeframe that your developer commits to, so there’s no inconvenience if the developer exceeds the time limit. Check the track record of your developer’s previous projects, study the current market scenario and buy property from him only if things seem well.


Suggested Read: Real Estate Investment in Pune – Your Perfect Financial Checklist


6. Financing Banks

If you need to avail of a home loan to buy property, you must approach a good financing bank known for giving the best deals. Make a thorough research of all the banks and what they’re offering, take opinions of knowledgeable people and then select the institute that suits you best.

7. Legal Validity of Property

You should, by no means, invest in a property that has dubious credentials. You need to get the legalities of your purchase checked thoroughly so there’s no loss or fraud you face after making a real estate investment. 

8. Agreement

Agreement

Insist on an agreement of the property and read it properly before signing it. The agreement should duly furnish all the requisite details and approvals from authorities. In case the developer shows hesitation in sharing the same with you, see it as a red flag and avoid it altogether.

9. Personal Visit to Site

Even if you are familiar with the location of the property, visit the site when its construction is underway. It will give you exact clarity about how things are actually shaping up and what’s in store for you instead of bringing disclosures and disappointments later. 

10. Total Charges

Make sure you know all the charges you’re going to bear when you buy the property. All the clauses, documents, and charges should be known to you while making a property investment so you can take the correct decision.


Also Read: Best projects with investment opportunities in Pune


Conclusion

Once you are sure of these details, you can look forward to rewarding real estate investment returns in the future should you decide to sell the property to make bigger beginnings.

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Golden Time to Invest in Gini Constructions Property https://giniconstructions.com/blog/gini-constructions/golden-time-to-invest-in-gini-constructions-property/ https://giniconstructions.com/blog/gini-constructions/golden-time-to-invest-in-gini-constructions-property/#respond Wed, 13 Jan 2021 15:50:00 +0000 https://giniconstructions.com/?p=4876 Gini Constructions, a distinguished name shining in the galaxy of top builders in Pune, has built an array of dream-come-true abodes amidst all the luxuries and splendor one can behold.  Celebrated as an exclusive real estate company, Gini Constructions, part of the famed Gini Group, has to its credit, a string of spectacular residential complexes […]

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Gini Constructions, a distinguished name shining in the galaxy of top builders in Pune, has built an array of dream-come-true abodes amidst all the luxuries and splendor one can behold.  Celebrated as an exclusive real estate company, Gini Constructions, part of the famed Gini Group, has to its credit, a string of spectacular residential complexes in Pune, Mumbai, and even Ahmedabad. Having proved its eminence as a major real estate company in Pune spreading its wings further beyond its home city, Gini Constructions offers unmatched homes to reside in, whether you want to move into a new home that boasts of the finest amenities and features or wish to invest in.


5 good reasons for you to choose Gini Constructions

1. Two Glorious Decades of Building Dream Homes

Two Glorious Decades of Building Dream Homes

For over two decades, Gini Constructions has been committedly catering in the best way to homebuyers of diverse needs, expectations, and budgets. The group has carved an exclusive niche for itself in the Pune real estate sphere and won over every customer it has built its home for. The repertoire of completed projects of the Gini Group includes stunning, modern complexes offering 1 & 2 BHK in Pune’s Balewadi, Dhanori, and Hadapsar. Some of the projects have been built in dual phases to meet the rising demand of homebuyers, and some are currently in the offing. The locations of these projects have proven to be greatly advantageous for the residents as they offer easy connectivity to strategic regions and facilities like commercial hubs for office-goers as well as investors. It’s an advantage that residents, as well as those keen on making a property investment, wouldn’t want to miss out on. Since development in the locations chosen by Gini Constructions is picking up at a fast pace, property prices are naturally set to increase in the coming times. 

2. Unparalleled Quality and Facilities

Unparalleled Quality and Facilities

Being recognized as one of the finest among top builders in Pune speaks volumes about a real estate company’s eminence. Gini Constructions has acquired this prestigious image by steadily creating unrivaled 1 & 2 BHK flats in Pune offering top-quality amenities, extravagance, and experiences. Every part of a Gini Constructions property, be it inside a home or at the premises, is a reflection of luxury.


Suggested Read: Gini Constructions, a destination for homes. Why?


3. Inspiring vision and mission, ethical standards

Gini Constructions may be scaling newer heights of success and status, but it has not lost touch with its roots in ethics, integrity, and equanimity. The group may have scaled untold heights of success, but its sole purpose to provide high-quality residences to every customer across budgets remains genuinely unchanged. In their words, they value their customers’ needs and how to understand how precious a home is for them, as it’s a place where families create memories and cherish them deeply. Having built homes for more than a thousand families over the years, the group has made it an aim to keep spreading happiness and cheer among all those who embrace it.

4. Exciting New Projects to Look forward to

Exciting New Projects to Look forward to

Gini Constructions is currently working on no less than four residential projects in Pune and Ahmedabad. Construction of three 1 & 2 BHK flats in Pune and one in Ahmedabad is going on in full swing:

all being awaited eagerly by homebuyers and investors to own.

5. Commitment to Quality, Innovation, and Affordability

Commitment to Quality, Innovation, and Affordability

Apart from creating dream abodes for over a thousand happy and satisfied families, Gini Constructions has been setting property investment goals for many discerning investors. Many investors are taking a keen interest in investing in Gini Constructions property, both in existing projects as well as the upcoming ones.


Also Read: Gini Constructions: Brand Promise


Conclusion

Gini Group is synonymous with world-class quality, exclusivity, and value as its creations offer top-notch amenities and facilities- just what smart investors with a keen eye won’t pass over.

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Renting vs Buying a house in Pune – What is better? https://giniconstructions.com/blog/investment/renting-vs-buying-a-house-in-pune/ https://giniconstructions.com/blog/investment/renting-vs-buying-a-house-in-pune/#respond Wed, 30 Dec 2020 11:48:53 +0000 https://giniconstructions.com/?p=4913 Confused about Renting vs Buying Property in Pune? Read on… When it comes to making a property investment decision, the first thing question that arises is whether you should buy a property or rent it.  In a metropolitan like Pune real estate trends show that customers make informed decisions before taking the plunge. Buyers planning to […]

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Confused about Renting vs Buying Property in Pune? Read on…

When it comes to making a property investment decision, the first thing question that arises is whether you should buy a property or rent it.  In a metropolitan like Pune real estate trends show that customers make informed decisions before taking the plunge. Buyers planning to purchase 1 & 2 BHK apartments in Pune for instance are also open to exploring renting residential property.


Pros and Cons of Renting and Buying a Property

1. Renting Property 

Renting Property

Pros

  • Perfect for those on the Move

Living on rent is ideal for those who have to move to different locations frequently. Buying a home and setting it up is an impractical and time-consuming exercise while renting suits them perfectly. 

  • Minimal Financial Investment

Renting a home saves you the astronomical expenses that property investment entails.  All you have to pay is a security deposit at the time of renting a home and pay monthly rent.

  • Stability of Fixed Rent Cost

The rent amount remains pretty stable for a considerable period. Renting a property does not overburden you financially, which paying monthly installments do.

  • Income Tax Benefit

Renting a property entitles you to claim a house rent allowance (HRA,) which owning a house will not fetch you.

  • Low maintenance Cost

You don’t have to pay maintenance costs or repair bills when you rent a property. It is the landowner who bears maintenance these costs, including property tax, payment of society bills, and others.

Cons

  • Frequent Shifting

If you live on rent, you have to keep shifting regularly. Packing all your belongings, setting them up all over again, and making adjustments can be taxing for the entire family.

  • Little Chances of Owning a Home

For most people living on rent, it’s not easy to buy a home in due course due to the exorbitant rent amount they pay all along.

  • No Returns

Rent fetches you no returns; you do not build capital or investment property, unlike people who own their own homes.

  • Property Maintenance Problems

You cannot do up a rented home the way you want. The landowner may impose a lot of restrictions, and you have no choice but to comply with them.


Suggested Read: Are you ready to buy home in Pune?


2. Buying Property 

Buying Property

Pros

  • A Sense of Satisfaction and Achievement

Owning a house is conventionally associated with prestige and a feeling of happiness. It encourages most people to make an effort and buy a home instead of living on rent.

  • Long-term Investment

Buying a home may attract higher expenses, but it’s a good long-term investment. The price of property usually increases over time, so it makes more sense to purchase property than live on rent.

  • Your Own Lifestyle

You can furnish your own home the way you want, adorn it as per your taste, and carry out modifications without being restricted by anyone. You get more privacy and freedom to have pets too, which rented property doesn’t grant.

  • More Economical than Renting

Calculations and computations reveal that buying a home turns out to be rewarding than renting in the long run. Although you have to invest more to purchase a house, at long last, the value of your home increases over time. 

  • Opportunity to Build Your Credit

If you plan finances wisely, you can maintain good credit, which is helpful for future endeavors.

Cons

  • Expensive

Buying a home is in many ways, a costly affair. You have to bear several costs, maintenance, and repair bills, and several other expenses, which renting doesn’t involve.   

  • Costlier with Home Loan

If you go for a home loan, you have to make a down payment, pay a huge sum as interest, and bear other costs as well.

  • Difficult to Shift if Needed

If you own a house but have to move to some other location, it’ll pose several challenges and inconvenience. Moving with all your belongings can be difficult and cost a lot as well. 

  • Property taxes

As an owner of a house, you’ll have to pay property taxes over and above other expenses. 


Conclusion
When it comes to Pune real estate interpretations show that the city offers excellent options to both, homebuyers as well as those planning to live on rent. Assess your position wisely, preferably with the help of a real estate expert, and make a sound decision accordingly before taking your decision.

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