Top picks for high property returns

Top picks for high property returns

21 Oct 2024

Many buyers face the dilemma of whether to invest in a prime location or save ₹10-15 lakhs by opting for areas. Here's a breakdown of the two:

Keshav Nagar benefits from proximity to established hubs like Magarpatta, Mundhwa, and Kharadi, driving rapid price appreciation and rental income, especially with upcoming infrastructure projects like a new bridge. However, road conditions have been a concern, though some improvements have been made.

On the other hand, Wagholi, despite coming under the Corporation, still lacks significant infrastructure development. Issues like traffic congestion and slow progress on promised projects (Ring Road, Metro) limit its potential for appreciation. The few active projects are mainly near Kharadi, while areas further away still lack growth drivers.

For better long-term value, easy exit options, and rental yield, investing in well-connected areas like Keshav Nagar or nearby locations with existing infrastructure is advisable. Trust the present connectivity and avoid speculative growth promises, as real estate timelines often extend beyond expectations.

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