Pune seems to
have some high-end investments in row houses, penthouses, luxury apartments and
villas. The emerging new trends of the realty market offers complete security
and absolute luxury for the buyers and residents. Even the 1,500 square feet
houses seem to be worth living for the money for them.
The luxury
apartments or various townships holds vast open spaces for recreation, club
houses, sprawling lawns, gym, fully equipped courts for sports etc. including
the 24 hour power back-up facility. Thus, investing in Pune realty market seems
to ba lucrative deal.
The Pune real estate market seems to rise upwards due to deals in both luxury housing and the affordability housing sector. Most of the deals in such residential properties are made by the NRIs. The NRIs invests in the realty market as they are trying to find their roots and deciding to settle in Pune.
The Pune real estate market seems to rise upwards due to deals in both luxury housing and the affordability housing sector. Most of the deals in such residential properties are made by the NRIs. The NRIs invests in the realty market as they are trying to find their roots and deciding to settle in Pune.
The city is
emerging to be the common hunting ground for the multinational companies and
making it to be a hot commercial and residential property market. The expansion
of IT and ITEs has opened up various job opportunities which has led to the
development of new suburban areas like Warje, NIBM Road, Saswad Area and many more.
The developers are launching various new residential projects in such suburban
areas due to the rising demand of the realty market.
The realty
market mostly faces the demand due to the educational institutes in the city.
The colleges and universities providing with better study material to the
students along with quality and fine educators terms the city to be ‘Oxford of
the East’.
Thus, Pune is one of the rapidly growing and
progressing cities of Maharashtra also known as the ‘Tech City of India‘. The
city is well equipped with ideal climatic conditions, infrastructure, sound
connectivity, IT companies and good education facilities due to which the
property market is witnessing an upturn in commercial, residential and retail
sectors. Thus, the property market in Pune seems to flourish with the increase
in property stipulation and demand for both luxury and affordable houses being
developed in the city.