After working hard until a certain age, most individuals dream of living a relaxed and comfortable life. To ensure they have the financial safety net to see them through their later years when regardless of whether they are working or not, they save up for that life by investing in retirement plans. When looking for a place to spend your golden years, we suggest you consider looking for flats on sale in Pune. And while it may seem like a city for the young, it is also a preferred choice for the young at heart. Pune is well-liked by both young people and seniors for several reasons. The city offers a modern lifestyle for the young and a peaceful way of life for the elderly. Even in terms of real estate, the city offers a wide range of housing options, whether you are looking for cosy 1-bedroom apartments or luxurious and opulentflats on sale in Pune.
Why Is Pune The Best Residential Abode For Retired People?
Pune is the next best city for retirees in India and one of the most liveable cities in the country, according to the Ease of Living Index (Link). The city’s spacious streets, verdant surroundings, and agreeable climate draw visitors from all walks of life, especially seniors. Pune, a cosmopolitan city, offers a unique blend of vibrant modern life and a rich cultural past.
The cost of living is modest despite being a well-known neighbour of Mumbai, the nation’s financial and entertainment hub. You can accumulate enough money with timely investments in a guaranteed income plan to purchase a home in Pune.
There are also plenty of transportation options and medical services. In your retirement years, the charming cafes, authentic restaurants, historical attractions, picturesque landscape, and pleasant weather will make you feel at home.
Aspects To Consider When Looking To Buy A New Home
Buying a retirement home could be a wonderful way to plan for your golden years. However, before looking at flats on sale in Pune, thorough property analysis and cost evaluation are necessary, among other factors. The other factors are –
When looking for flats on sale in Pune, avoid housing projects in remote sections of the city. Even though the affordability, peace, and views of the outdoors may be alluring, travelling to important locations in the city centres may be difficult. To ensure easy accessibility of both public and private transportation facilities, micro markets that are well-connected to highways or major thoroughfares should be favoured.
- Amenities Offered in the Development
Choose a developer who offers more amenities which are senior citizen friendly. Such as planned social interactions, indoor game rooms, libraries, temples, cultural rooms, common meeting areas, health care facilities, special gym equipment, supermarket delivery, on-site medical staff, and home automation systems.
- Acquisition Cost
Retirement community homes may cost up to 20–30% more than comparable ordinary residences. Additionally, residents have yearly agreements for maintenance, catering, security guards, and nursing homes. Because buying retirement houses is more expensive than buying normal condominiums and flats, homeowners should pay close attention to the financials when purchasing a retirement unit.
- Payment Method
Retirement home buyers should use their post-retirement budget to determine affordability rather than their current income. You can choose between the two payment methods – outright purchase, where you can pay in full or upfront purchase, where you can reside in the property for some time rather than buying it.
Thorough research is essential because purchasing a retirement home requires a financial investment. Make a list and compile the specifics of the city’s numerous projects. To choose the one that meets expectations, compare various initiatives. Finally, calculate the entire cost of the purchase to prevent financial stress from unplanned spending. For better assistance, you can also employ a legal professional. But with real estate developers such as Mahindra Lifespaces, you can take a back seat and be assured of your comfort.
Why Should You Consider Mahindra Lifespaces To Buy A New Property?
When looking for flats on sale in Pune, one name that comes to mind is Mahindra Lifespaces. Their newest project, Codename QUAD by Mahindra Citadel, Mahindra Nestalgia and Mahindra Happinest Tathawade, is perfect for your retirement years. The projects have many senior citizen-friendly amenities and fusion amenities to match the fusion lifestyle, reawaken the innocence of your childhood and keep you young at heart. The unique amenities and crossover features include –
- Swimming Pool
- Health club
- Barefoot Park
- Burma Bridge
- Hammock Garden
- Elders Parlet
- Fun Park
Mahindra Happinest Tathwade:
- Club House
- Sports Courts
- Kids Play Area
- Swimming Pool
- Yoga Zone
- Party Lawn
Codemane QUAD by Mahindra Citadel:
- Indoor Badminton Courts
- Health Club
- Guest Rooms
- Elders Park
- Open Air Lounge
- Pet Pawklet
- Swimming Pool & Kids Pool
- Work Pods
- Celebration Hall
- Cinema Lounge
- Rec Club
Interesting, isn’t it? So, what are you waiting for? Get in touch with Mahindra Lifespaces to find your abode when looking for flats on sale in Pune.