Real Estate Builders Divulging To Launch Prodigious Projects With Higher Roi Value

Due to the availability of the property at an affordable price

, the city Pune is known to be the fastest growing cities in India. This city has become one of the dream destination for those who want to reside in this city. In order to come ahead among all the competitors, the home builders have moved a measure ahead to market their Pune being built properties that ranges from the sample apartments and flats to status updates on being built projects in Pune. Pune properties are thus facing an upsurge in demand as developers are constantly offering absolute luxury, peace and serenity in the integrated townships, green homes, smart or super luxury homes that they construct

The main reason for mapping the Pune properties at its highest demand are due to the citys rich cultural heritage along with the large scale industries, education, pleasant climate, pool of young population etc. Apart from that Pune is enjoying a boom in the realty market due to the excess influx of IT, manufacturing, automobile and engineering sectors.

Arvind Jain, the joint managing director of Pride Purple Group, stated that Wakad and Aundh are the most prominent places that have been noticed to have greater investment and the most important reason is that this property in Pune is strategically located very close to the three major destinations like Peth areas, Hinjewadi and Pimpri Chinchwad- the industrial hub. In association with the calm and serene environment, these three location is situated closer to the expressway.

During the month of the April to June, National Housing Bank denotes that in terms of residential property, the real estate Pune has topped the list among 16 cities. As the city Pune comes under the tier II city, this city has thereby attracted number of Indian as well as foreign investors due to the infrastructural development.

The Shravan Agarwal, joint managing director of Pride Purple Group states that certain locations in Pune especially in Bibewadi, Kothrud and Sinhagad Road are found to be in great demand as most of the property in Pune are being limited to 3 and 4 BHK apartments. Apart from that in the last 6 months the demand for the residential property in Pimpri Chinchwad, Western Pune has seen to be increased. Thus the price for the multi storey apartment with respect to the property in Pune has seen to increase by 13-15% while the capital value has been increase by 5-10%. Along with the commercial projects such as Schools,Hotels, Highways, Hospitals, Malls etc, the developers like Megapolis Developers, Panchsheel Builders, Kolte Patil, Marvel Builders, Kalpataru Developers, etc have launched a wide range of the residential projects.

In terms of the Real Estate Pune, Baner Road which is located on the east to the Dehu-Katraj bypass on NH4 has become one of the rapidly growing area. It is extensively situated near the Hinjewadi IT Park, Mumbai - Pune Highway and Pune Expressway. Amar Developers, Kirti Developers, Welworth Properties, Runwal Housing, Aditya Builders, KB Developers, Gera Development Pvt. Ltd, Yash Developers etc are some of the well known developers who have gained tremendous fame by successfully launching their projects in this area. The pricing of these real estate Pune properties ranges from Rs 4,000 to 5,000 per sq ft and is equipped with all luxury features and amenities. The recorded data states that the rate for the current residential property in Pune especially in Bavdhan ranges between Rs 4,800-5,500 per sq ft, for Balewadi it ranges from Rs 3,600 and 4,400 per sq ft, in Tathawade is between Rs 3,000 and Rs 3,400 per sq ft, in Wakad is between Rs 3,800 and 4,500 per sq ft and in Hinjewadi is between Rs 3,500 and Rs 4,200 per sq ft.

by: lokeshmanu24

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