Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Home / Govt Schemes / Are MHADA Flats Worth Buying in Pune?
Q.

Are MHADA Flats Worth Buying in Pune?

view 308Views

51 days

Comment

1 Answers

Pune
Send
0 2024-09-19T22:51:14+00:00
⤺ Reply

Hello, I recently purchased a MHADA Flat in Pune after considering many factors linked to it. So, I believe I’ll be able to share some points to help you shape your opinion on are MHADA flats worth buying in Pune. Buying a MHADA flat has pros and cons, so weighing them will help you make an appropriate decision.

What are the Pros and Cons of Buying a MHADA Flat in Pune?

Here is a detailed pros and cons list to help you decide whether it’d be a good idea to buy a MHADA flat in Pune.

Advantages

  1. MHADA flats are affordable when compared to other apartments. 

  2. MHADA flats also hold the capability to be sold at a greater price due to the units being present in the prime locations of the city.

  3. The allotment process followed by MHADA is transparent and just. The units are assigned through the lottery system, with the lottery draws held publicly and results declared on the website.

  4. MHADA also benefits home buyers through financial assistance. They run several schemes, providing home loans at a lower interest rate with easy repayment options and subsidies on loan amounts. 

  5. Flats under this scheme provide a way to improve the quality of life for eligible sections through a comprehensive housing scheme.

Disadvantages

  • You need to live in the flat for a minimum of five years before being eligible to sell the flat.

From the pros and cons list, I believe it’s worth buying a MHADA flat as the advantages outweigh the disadvantages. However, take all the precautionary steps, and get property due diligence and other things done to be sure of the property. 

I hope this helps you make an informed decision about are MHADA flats worth buying in Pune.

Get the House of Your Dreams in Pune at Zero Brokerage Via NoBroker! Some related information:

How to buy MHADA property?

 

 

Shifting, House?

✔

Lowest Price Quote

✔

Safe Relocation

✔

Professional Labour

✔

Timely Pickup & Delivery
inline_cards

Intercity Shifting-Upto 25% Off

Check Prices

inline_cards

Intracity Shifting-Upto 25% Off

Check Prices

inline_cards

City Tempo-Upto 50% Off

Book Now

Most Viewed Questions

What Will Happen to a Flat After 50 Years?How to calculate land area from 7/12 Maharashtra?Which apartments in Bangalore offer best-sporting facilities?Is Buying Resale Flat worth it?How to view shortlisted property in NoBroker app?What is your experience in buying a property in a bank auction in India?Is GST applicable on resale flat?How to get owner number of property we short listed?AhmedabadAre there flats available for resale in Rohan Upavan?See All

Recently Published Questions

Is GST applicable on resale flat?What Will Happen to a Flat After 50 Years?How big is 900 square feet apartment?What to check when buying a resale flat ?What does 'inactive property' mean?How big is 900 square feet house?What Does Resale Property Mean?What are the steps in buying a resale apartment?Is NoBroker Available in Kolkata to Purchase flats?How to Calculate Price for a Resale FlatSee All

Authors Of The Question

profile
Mohammad P

4 Total Answers


0

0

profile

Recently Answered Questions

What is Equitas Home Loan Review? How to Repair a Wooden Chair Back? How to Mask Kitchen Cabinets? Can I Use Kerosene as a Paint Thinner? What are the reviews of Prestige Waterford, Whitefield, Bangalore? What are the Reviews of Trinity Greens, Wakad, Pune? What is the Difference Between HDFC Jumbo Loan vs Personal Loan? What is the Bhondsi Plot Rate? Which residential areas in Mulund are ideal for buying a 2 BHK flat? How to check prepaid electricity balance?
Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners