Virgin Upcoming Markets In Pune

Virgin Upcoming Markets In Pune

Pune – A Perfect Destination for Investment…

 

Maharashtra is a renowned place for expensive and excellent IT hub, residential properties and commercial properties in whole India and concentrating on the cities like Pune, Mumbai and Bangalore. These cities have seen a huge growth over the years and translated itself into cities with high potential true for investments.

Pune the seventh largest metropolitan city in India, has emerged as a highest growing city of the country in every term either it is about malls, huge residential apartments, luxury hotels, high return commercial properties or residential properties. Because of such tremendous growth, Pune is known as the cultural capital of Maharashtra state. Pune comprises some of the many famous spots such as IT hub, emerging biotech hub, Oxford of east and important defence hub because of which it is considered as a city developing at a rapid pace in Indian country.

The city is well rounded with the well-established suburbs of Kharadi, Hadapsar, prominent multinational companies and the world known industries. All such well-established suburbs and hubs are supplemented with the high-quality healthcare services, infrastructure development and other facilities or needs of people for entertainment. Pune is a right choice and destination for your long term investment with high returns and a location where you can enjoy your life and can get the best options to secure your future by getting involved with world renowned IT companies and famous automobile industries.

Some Considering Points About Pune:

  • Pune has now become the third largest residential market in India;
  • Well established and developed infrastructure of Pune which is governed by the two largest Municipal Corporations in Asia that are a Pune Municipal Corporation and the Pimpri Chinchwad Municipal Corporation;
  • Pune is a famous destination for educational institutes that have national and international prominence;
  • Pune is surrounded by various beautiful lakes, ample of greenery and some main spots that are inspiring the city set on the path of growth and it is expected that soon the virgin real estate market is coming in Pune;
  • The amazing nightlife, best shopping malls of the country that are offering everything from games for enjoyment to do shopping from different brands from every corner of the world and food courts to enjoy food of different cuisines.

Real Estate Market of Pune, Maharashtra:

Pune is like the package in itself that has everything and a destination that are the first choice of everyone for investment in real estate sector.

Pune has seen such huge growth in the real estate market because of IT companies that are growing rapidly in the market and every year there are a number of companies that are setting their roots in Pune.Now buying a residential property is not difficult as it is in MMR and NCR. In contrast, to other markets, property prices are relatively low in Pune.

By looking at the growth of the past several years, it is expected that this year will be great for investments in real estate market. It is expected to see some government initiatives in the real estate sector that will give a potential push in the investment market. It is believed that the project of 100 smart cities. A Housing project for all by 2022 and development in infrastructure will take a step forward and would do a benefit for the real estate sector.

The year 2016 shall witness significant boom in the Pune realty sector whereas following are the areas where appreciation may be more since these are virgin upcoming markets –

1) Bhugaon – this is Bandhan’s extension, would be in expanded PMC limits, already 5 townships are proposed over here. Connected to Paud road.

2) Sus – due to branded establishments like Symbiosis Institute, Hinjewadi phase-3 connectivity, walkable distance from BANER, this is is very promising for IT employees.

3) Charoli – The Vimannagar then Vishrantwadi&dhanori has witness steep demand due to its nearness to Airport, since its getting transformed to New International Airport charoli, which is 7 kms from vimannagar should surprise investors with returns in coming years.

4)  Keshav Nagar Area close to Koregaon Park, Mundawa, Magarpatta&Kharadi should definitely fetch the premium in coming few years.