Purchasing a project under construction can be the best investment you’ve ever made, provided you do it with caution. With Pune’s housing market on fire and best builders in Pune coming out with promising upcoming projects, 2025 holds great promise for shrewd homebuyers. But the stakes are high, and a wrong move may cost you big time. SK Fortune Group, being one of the top real estate developers in Pune, has been shaping the city’s skyline with its high-end developments such as Fortune Prospero and Fortune Prima. Relying on experience of decades in the delivery of good quality homes, here is your ultimate guide to make the right choice while investing in under-construction property.
1. Developer’s Track Record – Your Safety Net
Completion rates of previous projects
Construction quality in completed projects
Customer testimonials and feedback
Company financial stability
2. Legal Documentation – Your Safeguard Against Future Issues
Never settle for anything less than legal authentication. See that the developer has all the requisite approvals of municipal corporations, environmental, and RERA registration. Pune redevelopment builders such as SK Fortune developers keep all documentation transparent, assuring buyers of peace of mind.
Must-check documentsRERA registration certificate
Sanctioned building plans
Land title papers
Environmental clearances
Occupancy certificates of past projects
3. Location Analysis – The Golden Rule of Real Estate
Location decides everything from your daily commute to your property appreciation potential. New developments in Erandwane, projects under construction in Shivaji Nagar, and residential projects in Model Colony are well connected and provide lifestyle amenities.
Location factors to considerSchools, hospitals, and shopping centers proximity
Connectivity through transportation
Infrastructure development plans for the future
Safety and environment of the neighborhood
4. Financial Planning – More than the Booking Price
Properties under construction need to be paid for in installments, and financial planning is, therefore, essential. Determine the total cost with registration, stamp duty, and other charges. Most upcoming residential projects in Pune have flexible payment schemes that minimize the financial load.
Financial factors to considerAlignment of the payment schedule with your income
Pre-approved home loan status
Underlying charges and extra payments
Potential for price appreciation
5. Quality of Construction and Specifications
Don’t get carried away with glossy brochures, look deeper into building specifications. Luxury residential complexes in Pune such as Prashanti and PS Tower by SK Fortune Group employ top-notch materials and latest construction methods, withstanding the test of time and ensuring safety.
Quality check points
Design of foundation and structure
Specification of materials
Safety aspects and compliance
Energy-saving systems
6. Timeline Reliability – When Will You Get Your Keys?
Delayed possession can upset your whole life plan. Select developers who have a good track record of timely delivery. Fortune SK has always delivered projects such as Yashodhan and Sargam within committed time schedules.
7. Redevelopment Projects – Special Considerations
Redevelopment projects in Pune offer unique advantages but require additional scrutiny. Projects like redevelopment in Pune locations such as Prabhat Road and SB Road can offer premium locations at competitive prices.
Redevelopment-specific factors
Consent from all existing members
Temporary accommodation arrangements
Timeline for completion
Area calculation accuracy
8. Future Growth Potential
Consider the area’s development trajectory over the next 5-10 years. New upcoming projects in Pune in emerging areas often offer better appreciation potential than established locations.
- Post-Purchase Tips – Stay Involved After You Book
Booking an under-construction property is just the beginning of your homeownership journey. To make sure everything stays on track, it’s important to stay engaged even after the paperwork is done.
- Visit the Site Regularly
Make it a habit to visit the construction site every few months. Seeing the progress with your own eyes not only gives peace of mind but also keeps you updated on timelines and quality.
- Keep in Touch with the Builder’s CRM Team
Maintain regular communication with the builder’s customer relationship team. They can provide key updates on construction milestones, delays (if any), and any approvals or changes that might affect your unit.
- Join Community Groups
Look for WhatsApp or Telegram groups created for buyers in your project. These platforms often become a valuable space to exchange updates, share concerns, and stay informed with real-time feedback from fellow homeowners.
By staying involved, you ensure better transparency and can catch potential issues early, making your property journey smoother and stress-free.
Making the Right Choice with SK Fortune Group
When you invest in experienced developers like SK Fortune Developers, you’re not only purchasing a property, you’re placing your faith in a legacy of quality and trust. With hits like Garud House, Fortune Perfect, and current developments in various prime Pune locations, SK Fortune Group continues to raise the bar in the real estate market.
Don’t forget, purchasing an under-construction property is a marathon, not a sprint. Be patient, do your research well, and opt for a developer who shares your dreams with as much passion as you do. With proper planning and the right partner, your dream home is here to stay in Pune’s burgeoning real estate market.
Ready to view luxurious under-construction properties? Get in touch with SK Fortune Group today and learn why we’re the leading builder in Pune.
