Home rentals in Pune

Arranging rented houses in Pune have recently become a terrible task for the professionals of outstation since the necessity of depositing large amount of money as advance for the first ten months is quickly becoming the practice in every sphere of life in Pune and apart from that the depositor will not be entitled for getting any kind of interest for giving this advance which is an additional disadvantage. Though the rental house in Pune is comparatively cheap, the compulsory advance payment large amount for renting a home or flat in the town appears troublesome for various people who want to live in a rented flat or home. Sometimes the advance money may be decreased by means of negotiations through some property dealers or brokers. For the persons who already have decided to stay lifelong in the city, since the city has lot of opportunities for jobs and big commercial activities are taking place owing to flourishing real estate development and upcoming IT sector related business, various scopes are there to get a home of their own. As there is scope for home loans to get the required amount of purchasing an apartment or flat in Pune, services of home insurance are the ways to protect the down payment made in respect of property in Pune.


It is the persons who have no immediate plan to purchase their own home or apartment, the necessity of rented homes in Pune becomes essential. As a result of which the demand for rented homes or rental flats in Pune is sky-rocketing in event of dearth in availability for such flats or homes for rent. This causes the expansion of Pune to new outskirts for accommodating the growing population. The upcoming construction of multi-storied buildings by housing companies and housing authorities in the town is supposed to bring hope for many persons in Pune to rent homes quite easily.


The authorities of residential department have concluded successfully more than one hundred fifty numbers big value transactions of buying, lettings and sales. Services are extended to owners of bungalows and apartments as well as to potential occupants and buyers. The prospective clients comprise high net worth individuals and some of the big corporate houses and at the same time owners of many residential properties. The Residential Department has an extensive database of existing properties in Pune. Professionals of Pune Real Estate Agency Services are qualified highly and are engaged with the business of real estate broking who are capable of managing deals for real estate of different kinds. From one’s understanding of in-depth market scenario, one provides the customers with relevant, detailed, updated project information. One can also assist with multiple or individual assignments in industrial, commercial, residential or retail requirements.


Description of building


Naylor Road Oakwood Residence, Pune extends the ideal housing remedies for extended and short stay requirements. Eighty four contemporary and stylish residences comprising of one and two bedroom apartments, along with facilities including swimming pool, Resident’ Lounge and fitness centre are available here. The other features available in this Oakwood Residence vicinity are internet broadband, LCD TV along with DVD, international cable TV, fully-equipped kitchen, and custom designed furniture. Among additional facilities onsite Convenience Stores, Residence Lounge, Fitness Centre and Swimming Pool are also available. The place is located in the centre of the city and local airport is one seven kilometre away from this place and Railway Stations is only two kilometre away.


Residential areas like Kalyani Nagar and Koregaon Park of Pune are renowned for topmost rental markets for the Pune city. Wanowari a place in between Fatima Nagar and Kondhwa is the other forthcoming market in respect of rental accommodation. 2BHK apartments suitable for renting in areas like Wanowari and Kalyani Nagar are within the range of twelve thousand rupees to twenty thousand rupees per month when a 3BHK apartment is available for a monthly rent of fifteen thousand rupees to thirty thousand rupees. The range varies a lot depending on the condition of the apartment which may be fully furnished, semi furnished or furnished. The residential property of 3BHK apartment having furnished fully in prime areas of Pune can fetch a rent of rupees thirty thousand per month. Oxford Hallmark, in Koregaon Park is a desirable address having surroundings of lush green and facilities for upmarket in the vicinity. It is an ideal place for residing having its proximity to hospitals, educational institutes, star hotels, speciality restaurants, and various kinds of entertainment centres. The layout of the building is such that overlooking in between the apartments is not possible. It is the adequate space which one looks for. Air, natural light, security and overall convenience are the real attraction of Oxford Hallmark. The complex has facilities like clubhouse, gym, garden, pool, play areas and many others. The apartment is well ventilated and spacious.
As per the Pune based broker of real estate, CMD of Gilson Realtors, SS Gill, that if a property of residential type is furnished totally, then the value enhances by almost twenty to twenty five percent against apartments which are not furnished.


The demand for furnished apartments is high particularly among the senior executive working in multinational companies of software in Pune city, BPOs, IT enabled services, financial and banking institutions and other areas however the supply is not adequate at present. It is suggested to rent out the flat after furnishing and one may earn big returns in future. Rental real estate market of Pune is active also in other sectors like Katraj, Kothrud which are more cost effective areas. Katraj is located on the expressway from Bangalore to Mumbai and nearly twenty kilometres away from Wakad Junction at Satara. Developers of real estate are presently introducing number of projects in these localities and these areas rental market is basically dependent on students as various colleges are there around this locality. Therefore, Pune is an ideal town for residing both owning one’s own home or living in a rented home or flat or apartment.