Appreciation of investment in Hinjawadi

A decade or two ago, no one had thought that Hinjawadi would be a real estate hotspot. It was just another piece of rural land around Pune until the IT companies made it their home. Today, Hinjawadi, also known as Rajiv Gandhi Infotech Park, has made it to the top five IT hubs across the country. It already has its three phases, and is expected to expand to as many as seven phases in years to come.

IT companies and employment opportunities:

Top multinational organizations such as Infosys, KPIT, Accenture, Tech Mahindra Wipro, Satyam and many more are located in Hinjawadi. A huge number of working professionals all across India have been working in companies located here. There is a plethora of professional opportunities in diversified sectors, majorly IT, at companies located in this Tech City.

Development:

The infrastructural development that Hinjawadi witnessed is phenomenal. There are multiple ongoing and upcoming projects, which is leading a lot of young professionals to make investments.

Some of the most established and well reputed developers such as Kumar Properties, ABIL, Paranjape builders, and Kolte Patil have their projects based in Hinjawadi. The connectivity in terms of transport is also convenient, as this area is well connected to Mumbai-Pune express way, Wakad and some other localities of Pune.

Education:

From schooling to excellent higher studies, Hinjawadi has it all. Mercedes Benz International School, Symbiosis International University are among the few top notch educational institutions located here.

Apart from this, Hinjawadi has a number of hotels and entertainment centres, which promise best services to their customers. It’s a land of opportunities, and a right place to be.

A home to Mumbaikars, a home to Punekars - this is a place that has multiple-fold advantages. The booming IT sector, the farming plots that have a countryside feel, promising educational institutions and a cosmopolitan culture, Hinjawadi is worth all of it.

Tips for realty investors

Like gold, investment is real estate is one of the old, traditional forms of investment. These old forms have held their ground for ages because they have given the returns to the investors which are just as good, if not better, as the new mediums like bonds, debentures and mutual funds give. As we see a positive rise in the popularity of shares and mutual funds, but in no way gold and real estate has lost any ground. There are still takers for it, and it will be just the same for the long time to come. It certainly indicates that people's approach towards investment is changing. So if you have zeroed in on real estate as an investment option, then there are certain majors you should employ to safeguard your interest as an investor.

First and foremost, one should study all the details like the place of investment, future plans of development in that locality, developer, the profile of the developer, feedback of the customers, etc. All these points have some bearing on your investment value. Now, let's throw some light on some of the most important points which need to be ironed out in order to secure your investment.

1. Foolproof planning – There is no alternative to planning. It is the first and the most important step to secure your investment. One should know every last detail of the inventory one is investing in. Also, it is important that you give yourself a wide range of options before finalizing the property. Not only will it give you a fair perspective on price and feasibility but it will help you to create a backup plan you can fall back on in case your original plan doesn't work. In realty market, it's always better to have a backup plan.

2. Understand reality market – You are investing a big sum of money in a property, so you can get handsome returns on it in future. Real estate market has certain volatility, hence sometimes you will get overwhelming returns while sometimes you will get just the nominal returns, in the worst case scenario you might end up losing money. So it becomes very important that you understand the factors which affect the performance of your property. Factors like civic development, industrial development, lifestyle development have the potential to give a huge boost to your investment value. So watch out for all the developments in the locality you have invested in.

3. Set your financial goal – You need a big amount to invest in the real estate. Before investing it is advisable to give your financial planning a reality check. Try to ascertain how much you can put aside to repay the home loan, and plan your way ahead accordingly.

4. Be Patient – The English expression – Good things come to those who wait - sums up the nature of the real estate market perfectly. Don't look at the real estate as a short-term investment option. One can only get good returns on the real estate investment if one gives it a long time to shape and soar. The idea of investment is to put your money in the instrument which will keep up with the growing inflation rate. Hence, good investment is the one which not only strides with inflation but also gives a considerable amount of surplus. In this regard, a right real estate investment will bring a high return.

5. Monitor your investments periodically – Whichever the medium of investment it may be, it is important that you monitor it time to time. Keep yourself updated about all the happenings in the world of real estate with the help of websites, blogs by consulting experts. With time the trends and dynamics change, being in tune with the changing time will help you reap maximum advantage of your investment.