Pune is one of the fastest-growing cities in India and is a prominent investment destination for both residential and commercial properties. With rising property rates in the city, investors are now looking at alternative investment options in the outskirts of Pune. One such investment option that is gaining huge popularity is farmhouse plots for sale near Pune, Mumbai.
There is a growing demand for farmhouse plots in and around Pune from home buyers and investors alike. People are looking to buy farmhouse plots for weekend getaways or as a second home near Pune where they can enjoy nature’s beauty in the lap of peace and privacy. At the same time, investing in farmhouse plots offers higher appreciation and returns compared to residential plots in the city. Let’s look at some of the key factors fueling the demand and investment potential of 11 Guntha Plots for sale in Pune.
Growing Popularity of Eco-Villages and Theme-Based Developments
Several large farms and fields around Pune are being converted into Eco-Villages and theme-based residential developments. These Eco-Village projects offer farmhouse plots along with farm-fresh organic produce, open gardens, yoga centres, gaushalas etc. Popular projects like Dwarka Kingdom near Lonavala by Ekvira Properties are a huge hit. The integrated lifestyle and plug-and-play infrastructure in these guntha residential plots in Pune attract both end-users and investors.
Alternate Weekend Destination
Farmhouse plots offer a perfect weekend getaway option for families residing in Pune who want to escape from the city crowds on weekends. The fresh air, proximity to nature and pollution-free environment are the key attractions. Some key locations for farmhouse plots near Pune are Talegaon, Ravet etc which are within driving distance from Pune.
Higher Appreciation than Residential Plots
Over the last 5 years, farmhouse plots have appreciated at a CAGR of over 15-20% compared to 10-12% for residential plots in Pune city. The limited supply and momentum in unit sizes above 1 acre have significantly driven capital values northwards. Appreciation is likely to remain strong as demand outstrips supply for large farmhouse plots.
Dual Usage
Most farmhouse owners utilize the spare agricultural land for allied activities like dairy farming, fruit orchards etc. This ensures regular rental incomes. Excess yields are sold at premium prices in organic markets like Dwarka Kingdom. If investing in Agricultural Land, it can also be leased to local farmers generating fixed monthly rentals.
Luxury Retreats and Events Venues
Several farmhouse owners have converted their plots into luxurious resort-style farmhouse retreats or elite weddings and events venues. This helps generate side incomes through rentals whilst enjoying tax rebates as an agricultural property. Many popular farmhouses generate over Rs. 1 crore annually through this model.
Scope for Financing
While outright purchase of farmhouse plots requires sizable capital, many buyers are opting for affordable payment plans offered by developers. Some banks and NBFCs have also started financing a high percentage of the plot value considering the growth potential of these properties. Pre-approved loans make farmhouse plots more accessible.
When it comes to investment and returns, farmhouse properties have proven to significantly outperform residential properties in India. Projects like Dwarka Kingdom near Pune provide plug-and-play farmhouse plots alongside several amenities. Such integrated development projects offering immense lifestyle and Health & wellness while ensuring high returns make farmhouse plots a lucrative investment option for both end-users and investors looking to park funds in the Pune market. The demand is only expected to rise higher in the coming years.
To summarize, the future looks promising for farmhouse plot buyers and investors in Pune given the growing demand, potential for dual usage and higher returns of annual appreciation compared to residential properties. Key micro-locations like Talegaon, and Ravet, should be on the radar. So for those planning to invest in a farmhouse plot near Pune, the current time is opportune to lock excellent deals before prices move further northwards. Projects like Dwarka Kingdom by Ekvira Properties offer the perfect plug-and-play investment options for it. If you are in a constant search for a farmhouse plot for sale near me, get in touch with us to plan a site visit to Dwarka Kingdom soon!