subject: Real Estate In Pune Ideal For Investment [print this page] Global economy is uncertain; an investor has so many doubts in his mind before he even thinks about making an investment. Stock Markets are volatile, gold prices are uncertain and futures are definitely are not safe; investment is getting more and more difficult. Real estate investment is surely one of the safest in this current situation of dilemma. Also, it is very important to understand where you should invest your money. Of course Mumbai and Delhi are best options in the country, but they are already developed and the returns will not be that high, also the initial cost is high. Real Estate in Pune is going great guns ever since the rise of the IT / ITes sector, development is touching every nook and corner of the city.
Flats in Pune are on everyones list because of the phenomenal growth of the city in the past decade. Two important triggers for development in Pune are the Rajiv Gandhi IT Park in Hinjewadi and Magarpatta IT City in Hadapsar. Together they form the seat of almost every multinational corporation in the world. With Banglore facing infrastructure issues and Hyderabad not growing as expected, the City of Peshwas is ideal for all big corporations. Hinjewadi plays host to many companies, IBM India, Hexaware Technologies, AtoS, Synechron, Mahindra Engineering (located at the remotest corner of phase 2), Idea Cellular, KPIT Cummins, Tata Technologies, Infosys, Wipro, Credit Suisse (located inside Wipro), Tata Consultancy Services, Geometric Limited, Tech Mahindra, Cognizant Technology Solutions, Persistent Systems (under construction), Honeywell, Mindtree, 3DPLM Software Solutions, CECsoft, Compulink, Pesh-Infotech, ANSYS Fluent and Digital Group InfoTech. It also houses product companies such as Compulink and CISCO, to name a few. Whereas Magarpatta has Accenture, Amdocs, Avaya,BNY Mellon, Capita, EDS, Mphasis, Patni Sybase, Dar Al-Handasah and EXL. Real Estate in Pune has every reason to reach new heights.
Residential projects are developing with great fervor; every developer knows that this is the ideal time for development. People are coming to this city every day and it is going to increase further. A developer which is responsible premium developments in Pune and western Maharashtra is B.U. Bhandari Landmarks. Based in Pune, it is a part of the highly esteemed B U Bhandari Group, founded in 1920 by Late Shri Uttamchandji Bhandari. Eight decades later they are one of the biggest construction companies in western India. Their portfolio includes Residential apartments, Industrial estates, Complexes, developed plots and IT parks. Currently headed by Mr. Rajnish M. Bhandari, who is a mechanical engineer by education, heads the Real Estate Development and Construction Division. He had been looking after finance, legal, marketing and administration side of the business earlier. He has more than 20 years of experience behind him. Mr. Anuj M. Bhandari, who is an industrial and production engineer by profession he has mastered the art of land development and construction over the last 17 years.