Pune
is considered to be one of the top cities where the environment is conducive to
industrial growth. A hotbed of IT and ITES companies the city has benefited
from the growth of this sector. At present Pune is one of the major industrial
hubs in the country, with all top corporates opening their offices in the city.
This has led to the multiplication in demand for both residential and
commercial spaces. Hinjewadi, Wakad and Bhaugaon have particularly seen huge
surge in the manned and consequently intense real estate activity. To meet the requirements of the huge
population which has moved into the city to live and work, realtors are
offering wide variety of options.
Residential Property
Pune has been a centre of educational
excellence for and quite a while and the IT boom has taken its popularity to
the next level. People from different walks of life are moving into the city in
great numbers. There has been an increase of 7% in investments in the real
estate sector last year and with projects like Pune International Airport and
Pune Metro Rail already declared this trend is only see an upward shift. As far
as residential property is concerned suburbs are now preferred as they are
located closer to IT hubs. According to the experts the property rate in the
suburbs will shoot up at least by 10%-15% within 2-3 years. This is also great
for people who are planning to buy homes for investment purposes.
Wide
selection is available in every segment of residential property, whether
luxury, mid-income or budget. 3 BHK in
Panchshil Towers Pune is a good choice for people looking for urban sophisticated
apartments for luxurious living. F residences
Balewadi Pune offers high-end homes for people willing to indulge in
the best life-style and have no qualms for spending for the same. Wadgaon
Sheri, Magarpatta and Kothrud are also considered good for luxury homes. Flats in Baner and flats
in Undri, Hadapsar and Talegaon present good options for mid-income and
budget homes.
Commercial
Property
This
is also great time to invest in commercial property as government has made many
policy changes. One can also invest through Real Estate Investment Trusts and
realise attractive returnsLike residential real estate, the commercial segment
is also on a rise. If you are looking for Commercial Properties in Pune, you
may wish to consider the following locations. These locations offer great
connectivity, possess excellent amenities and are extremely cost effective.
Viman Nagar, Hinjewadi, Aundh, Weikfield are good areas to invest in commercial
property. For more details visit http://www.propertypointer.com/godrej-prana/undri/pune
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