Even though the immediate impact of demonetization on the real estate sector in the country has been negative, there are many favorable changes that are happening in the real estate market in recent times. With demonetization and the new rules imposed by the Government, the sector is going through a sea change.
There are more legality and regularity in the real estate market today. The real estate buyer can rest assured that their interests are being taken care of and the possibility of dubious dealings is minimized. Also, there are strict controls on the property developers in terms of handing over of finished apartments and the timelines set for them.
Property prices have picked up after the initial dull and have been stable in recent times. Pune has been an attractive real estate destination in the past. The home loan interest rates have also fallen, and many prime lending institutions are now providing them at competitively low rates of interest.
VTP Blue Waters is a prestigious project that is coming up in Pune. The project is strategically located and offers a variety of apartments to choose from. It offers excellent amenities that can ensure a world-class standard of living for the residents.