Pune Real Estate Climbs up The Ladder to Become a Preferred Investment Destination

Pune Real Estate Climbs up The Ladder to Become a Preferred Investment Destination

Pune has emerged as an investor’s favourable spot with good appreciation. The city is rapidly growing with options suiting to different budgets. What makes Pune the investment hotspot, is the variety of options it offers with a promise to get better returns. From luxury apartments in Pune to the budget 1 BHK flat, Pune’s real estate market is a versatile one. The property price is adaptable to all the buyer’s segments, i.e. an affordable, mid or the luxury housing sector. An investor’s main focus while investing in property is on good Return on Investment. When it comes to Pune, the emergence of several different real estate projects fulfills the objectives by providing a consistent and steady appreciation.

Improved connectivity and the rapid infrastructure development is the major factor to attract investors from across the country. With the establishment of Pune Metropolitan Regional Development, more infrastructure development in the city is yet to happen. The city is now witnessing a more outward expansion of real estate on the outskirts, for example on the western side of Pune, Hinjewadi which was once a rural locale is now the IT hub of Pune. Different projects by different trusted builders are gaining popularity in this region. There are many ready possession flats in Hinjewdi. Along with the local investors and buyers, the projects are also focusing on IT workers and migrant population. It is also located close to National Highway 4, which is a bright point to invest too. Also, a gated community is preferred now due to the provision of various modern amenities and the sense of security it offers. On such projects good rentals and better appreciation are assured. Experts have also pointed that with the industrial development and the economic growth of the city, Pune has also started attracting a good number of NRIs and professionals on the outskirts of the city, which has resulted in the increase demand of the properties. On the other hand, this has also given a boost to the luxurious apartments in Pune. So, Pune’s realty market is such that will not let its investors down. As the new projects are offering an all round modern amenities, it is also required to check the developer’s history and background before investing on desired property. One should carefully plan by researching on the location and see the growth of development and the connectivity with the prominent landmarks of the city.