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Look beyond the top metro cities and you will see Pune as the Oxford of the East with a booming IT hub. The city of Peshwas is gifted with a prosperous history and also better future prospects
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Look beyond the top metro cities and you will see Pune as the Oxford of the East with a booming IT hub. The city of Peshwas is gifted with a prosperous history and also better future prospects. The city can be segmented into suburbs and new city that is inner and outer districts. Due to the IT industry, Pune’s realty market has given rise to a new segment of buyers who have high purchasing power. There are many new residential projects that have increased the number of plots for sale in Pune. In the total residential market in Pune, the lavish properties constitute only 2-3% of the total market. Many high-priced ultra-luxury projects are currently under construction in the city. Despite the slowdown in the Indian real estate market the city has grown steadily in building luxury properties. Along with Hyderabad and Bangalore, Pune has also seen a rise in the luxury housing sector. Pune has the second highest increase in property prices in the past three years. The city thus ranks fifth in terms of affordability. Apart from buying houses for sale in Pune there are rental flats available too. For those who earn high income can also reside in a rental flat. Apart from residents, multinationals are also planning to enter.
Other than IT hubs the city is also a centre of attraction for various real estate projects. A US based real estate company has launched super luxury homes project. Each units priced at around 14 crore for an area of 6000 sq feet. Apart from this, the suburban areas of the city such as Pisoli, NIBM and Undri are seeing rise in plots for sale in Pune. These areas are connected to the outskirts of the city which is an added advantage if you want a peaceful environment. One of the rapidly growing commercial and residential cities, Pune saw a tremendous growth in construction of commercial buildings and malls. • For all the types of property investors, Pune’s real estate projects are a resource centre. If you are looking for a house in Pune you will get plenty of options. However, there are a lot of things that you should take into consideration before buying. These are budget, location, specifications, offerings, bank approval, amenities and many other important things. Buying houses for sale in Pune is a wise decision because you will find the most sought after residential apartments and plots for sale. Areas such as Kharadi, Hadapsar, Talegaon and NIBM are giving top-notch properties. Offering comfortable, world-class amenities, convenience, a variety of specifications and pleasurable living is exactly what all the buyers and investors want.
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