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Pune Properties | Pune Real Estate

At present time many metro cities are facing the threat of decelerating market Pune real estate market is at its boom phase

. Pune Properties are swiftly transforming itself into IT city as many national and international players, such as, Wipro, Infosys, and many more, are establishing their base in the city. Not only the IT firms but due to Pune"s growing market many leading MNCs has also arrived in the city. Even many renowned educational institutions, such as, National Centre for Radio Astrophysics (NCRA), Inter-University Centre for Astronomy and Astrophysics (IUCAA), National Chemical Laboratory (NCL), National Centre For Cell Science (NCCS), National Institute of Virology (NIV), Gokhale Institute of Politics and Economics (GIPE), Dnyaneshwar Vidyapeeth and many more has also made their setup in Pune, which is attracting students not only from India but also across the world.

All the above mentioned factors have increased the demand for property in Pune. Demand for Pune apartments is increasing day by day. The rapid industrialization of Pune has increased the population of the city tremendously. The IT companies and MNCs are paying their employees high remuneration, which has increased the per capita income of the city. Most of the people working in Pune are highly paid professionals who are striving to get high end luxurious life. Pune Real Estate at the same time they want their homes at the places where they can get peace and also close proximity to their offices. On the other hand the students who are coming here also requiring PG, hostels, and even flats for living.

In view of this fact, Pune Property is successfully providing space not only to the commercial complexes but at the same time to residential buildings. Pune is becoming the center of attraction to world renowned real estate developers, such as, Amar builders, Gera Developments, Kumar Properties, Mahindra Lifespaces, Marvel, Om Developers, Saarrthi Group, Shubh Developers, and many more who are pleasing the residents of Pune by their highly luxurious commercial and residential projects.

Pune has pleasant climate and at the same time it is very close to Mumbai. Therefore, the value Pune residential market has increased almost 4 to 6% till 2011 and still it is on the verge of its increase. Even many rural areas of inside and close to Pune Property, such as, Baner, Aundh, Balewadi, Hadapsar, Kharadi ,and Nagar Road has also turning into commercial and residential complexes. Pune real estate is also becoming a hot spot for the regular and potential investors as it is offering huge rate of returns. As we know Pune is the city of professionals who have high salaries; therefore, they have enough residual income for investment Pune Properties is providing them preferable place for investment in order to get huge rate of returns.

by: Vaneet Gupta
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