How Pune Has Grown as a Good Real Estate Destination over the Time

how-pune-has-grown-as-a-good-real-estate-destination-over-the-time
May 20, 2017 Share

Yes, real estate in Pune is growing faster than ever. While Pune shares a close proximity with Mumbai, it can again be a great respite from the hustle-bustle of the grand city. Best known for an investment hub, Pune has now come into the close consideration of an end number of real estate investors who happen to prefer the city for more than one reason. When Mumbai is considered as a meeting hub of the investors from all over the world, Mumbai-Pune Expressway has trimmed down the travel time which has acted as nothing but a stimulator for the patrons.

Especially with the opportunity of exclusive foreign funds interest, Pune has now bred up as one of the best cities on a pan India scale. Apart from good climate, cultural legacy and top-end business opportunities, Pune is a centre of education and convenes an end number of students from every nook and corner. Also, in terms of property growth, Pune happens to top the list nowadays.  The rising rate has amplified in almost all the parts in the city, including the suburb communes as well as the adjacent areas.

The increasing status of Pune has invited an array of software industries and made them settle up their corporate offices over here. When the infrastructure of Pune is getting better day by day, the top-end industries paving in their way to the city is lifting its rank as one of the leading metropolitans in India. Also, the lower rates of interest in the stock market and banks have been a boon to the investors trying to put in money in Pune Real Estate.

Due to the plenty of land being available in the outskirts of the city and the builders showcasing the budding demand of the residential as well as commercial projects among the buyers, the investors have like grasped the opportunity. Even in the core city, a number of mega projects have come up and the matchless facilities offered there have helped the buyers get the best value for their money. After Pune has turned out to be a promising investment zone, many localites have happened to sell their agricultural lands to developers to erect flats, guesthouses and even luxurious villas.

The main factors the investors consider while purchasing a project are the connectivity, the prominence of IT sectors, closeness to educational centres and several other important ends like hospitals, shopping malls, banks etc, and most of the locations in Pune are best known for offering all these amenities together.

Places like Viman Nagar, Kalayani Nagar, Koregaon Park, Kharadi, Undri, Aundh have seen a surge in the real estate development and the 1 bhk, 2bhk, 3 bhk & 4 bhk under construction as well as ready possession apartments have given the buyers a wide range of options to choose from while investing in the dream project. Also, known for being the most promising IT hub, Hinjewadi has become a budding township and called upon a number of home buyers to invest there.

 

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