Vision of Life; by Sanjay: Right Home Buying in 2025 !

“Home is where you feel like going every day after you are done dealing with the world”…

As I said, just google & you will get hundred thousand of quotes for the term Home but what I have written above is not a quote but is what I feel when I think about a Home! And that’s why I used it to start my sharing which you can say as advice for buying a home or say buying a property ahead in New Year i.e. 2025! That way, I am a non-believer of new year or such date related things as for me any day is good (read as right) to start a right thing & when it's about buying a home or real estate or property then every day gone without deciding is day lost! If you are thinking what else can be expected from a builder who earns his living by selling homes or offices then you are not wrong as the client is never wrong, lol! But then why go by what I say, take a look in the past & tell me had your parents bought a flat in some decent location or a piece of land in outskirts of Pune then, would it have been a wrong choice that they waited for their son or daughter to buy it some twenty/thirty years later, which you are doing now or you are buying at wrong time, even today also, & why not wait for you kids to do it by themselves & you can continue to live the way you have been living for now! Think over & tell if my words about timing to buy a home are right or wrong & if you are ok with my opinion, then read ahead (that’s sarcasm)!

First & foremost, good news is, this is best time in comparison of the past to buy a home (here after read as commercial space or any property which you want to use & not just buy & keep), & not because of rates or availability or boom ahead, no, nothing like that but because you have options & you can afford to wait! This is where mine & most other’s “best time to buy,” terminology differs, is my subject of sharing!

We are entering the second quarter of the 2000's & the last twenty-five years have seen a sea (rather ocean) change, not only on the sky line of the Pune city but on the social front also. First it was Millennial Kids, the its Gen Z & now its Gen Alpha & if you are thinking why I am enlightening you with this gyan.com instead speaking about your home then first understand your home & a home unlike any product is directly related to the social & environmental aspect that’s why to understand the Gen z or Alpha things is a must which many people forget & eventually ending with wrong home! This Gen Z & Alpha are in range of 15 years to 30 years zone & their requirements from their home (read as life) are way different than ours (read as those above forty age) & when you buy home then if you are thinking for next generation also which most of us do then you need to take in account their way of thinking before you finalize your home for your family of which Gen Z & A are part. Same thing is applicable for your work/ office premise as your team members (read as employees) will be mostly from this age group & their thinking about the place matters a lot! This genre isn’t worried about owning a home or are ok with rental homes & can shift the place as easy as a cat because their commitment is only with themselves & not with the place or company or such old school things as their comfort level is above everything! This is why places like Baner/ Balewadi/ Wakad can fetch property rates more than some of the central parts of the city! Here is where we come to the point (finally) about buying a home in 2025 as no more the real estate is only location driven by some age-old notions of Deccan, Camp, Peth (please google) types addresses nor it can lure the buyers with club house , swimming pool type amenities & definitely it doesn’t go just by rate per sft discount offers! No, you can't fool the clients by all these things, if you want to buy a BMW or Merc then you don’t ask milage of the vehicle or its resale value & if you are buying a Hyundai or Maruti then you don’t look for luxury but milage & resale value, that’s the attitude of real estate buyers also now! This fact, the builders have yet to understand but as a buyer you must make it realize to the builder, you are dealing with, is my subject of sharing! At the same time from all around the Country & State, people want to come to Pune for job, for education & they will need homes as well work spaces, space will always be in demand, it's only about knowing where & when & at what rate!

For those who want to buy a home or office, I will suggest (not advice) keep your eyes open & senses too, as well be patient, don’t run behind the “big savings” figures in the offers. Understand your needs, study the growth pattern of the city & then take the decision of buying a home at the right place & with the right builder. At the same time just the way you don’t buy a Merc or BMW but lift yourself from Hyundai or Maruti to that level the same way you can think about buying your Home or Office. As gone are the days that these were one time buys for most buyers, now supply is abundant, options are many at the same time no more Pune is about some Peth or few suburbs like Kothrud! With Swiggie, Zomato, Instamart, grocery also comes at your door step even at midnight, so choose your destination of home & type wisely! Metro will be here by the end of this decade in full functional (hopefully) & five years is hardly any span for a product like home, so keep this aspect also in mind. Accessibility of offices or a shop near Metro route will be a major issue in near future as fewer people will prefer their private vehicle to commute. At the same time, you can have a choice of buying a home in a suburb like Sus in the west or Fursungi in the east or Wagholi in the north, even if your work place is opposite, thanks to Metro. And this makes your choosing of location easier as well as wider , this is why I said the right time to buy a home!

This is the right time to buy real estate because builders are in mood (or read as forced to) negotiate also with many players in the market but don’t look only at the price tag you are getting discounted, look for quality of the home on different scales & then only close the deal! Go for the planning aspect of the project & the flat, as that’s something which doesn't get reflected in any 3-D view or brochure, if you are going for a home in making. Even a ready possession flat you buy may give headache on many fronts such as maintenance, change in the outside view to commuting to parking to legality to neighbourhood to basic needs like water & many such if not chosen wisely but only on rate per sft aspect! At the same time, you will be part of Pune’s culture by buying a home here & what you will behave (read as your lifestyle) will decide the fate of the culture of this city, never forget this basic fact! Also do look for the recent (past five years) growth as well development of the surrounding of the project you are thinking about for buying your home. Last but most important, keep the aspect of conservation of nature also alive while you choose your home as this is how you can conserve future of your next generation also & this is applicable to redevelopment seeking societies also, ask your builder question about his or her efforts in conserving nature aspect, that’s your duty towards the city! Ask yourself a question, why you left your home-town or shifting from your existing location & tomorrow your kids should not need to do the same by your wrong choice today, & only then finalize your home, that’s wisdom, adios with this note (warning), Happy Right Home Buying in 2025!

Sanjay Deshpande

smd156812@gmail.com

Sanjeevani Dev.

Please view my sharing about finding a Right Home/ Office in Pune, at YouTube link below & share if liked...

https://youtu.be/27j3I3rwGPQ?si=-ODYBxVI2Dl_C345

Please do visit my blog links below to read about real estate & home buying!

https://visonoflife.blogspot.com/2024/12/pune-while-entering-to-2025.html

https://jivnachadrushtikon.blogspot.com/2024/12/2025.html

Creating Togetherness; team Sanjeevani Way (Click link below)

https://www.flickr.com/photos/65629150@N06/albums/72157627904681345

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www.punecorporation.org

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https://secure.mygov.in/

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