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Saturday 13 February 2016

Megapolis township Hinjewadi Project, Should you buy or Avoid it.

Megapolis a well known township of Hinjewadi located at phase III.


A township where majority of house owners are investors. Good rental income and proximity from commercial offices makes it attractive property investment.

Now a days people are avoiding to buy a home at Megapolis, Distance from city, hospitals, malls, enough shopping center are not available near to this township. There is a one shopping center, dependency on few shops for daily needs makes it not a suitable place for families.

Most of the family prefer to live at other locality like Wakad, Pimple Saudagar,

I met to some of the resident of Megapolis to know the experience of living at Megapolis. I met to Mr. Raman.

"It is very comfortable for us to go to office by walk, Distance between my office and Megapolis is less than 500 meters, so i chose Megapolis. I am a bachelors I stay here on sharing basis and most of the  people are staying on rental basis at Megapolis" Raman Said

I also met one person who hold one unit at Sparklet Megapolis. I also asked some question to know his experience of Megapolis.

"I purchased one two bedroom apartment for investment purpose. I am getting good rental income, but now I decided to sale it.Now I came to know we need to get NOC from MIDC and also from Megapolis, It's a hassle process. Many buyers are not comfortable with this process and Megapolis management also does not allow the property consultant to sale my flat. Because of this I am not getting good resale value and also buyer." Mr Vishwas said. (Flat owner at Megapolis)

If you are a buyer and planning to buy a home at Megapolis then I would recommend to find out the information about the people who are selling there homes at Megapolis. Becuase you can get a better deal from them. I also came to know there are lot of resale units are available at Megapolis.




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