subject: Real Estate Pune Enjoying A Steep Rise In Infrastructural Development Of Stupendous Projects [print this page] It has been seen that for more than past few years the real estate Pune is gaining constant transformation and hence the city has become one of the desired location in terms of real estate market. Due to the citys rich cultural heritage along with the flourishment of large scale industries, pool of young population, pleasant climate, education etc. As a result due to the enormous influx of manufacturing, IT, engineering as well as automobile sectors, the Pune city is enjoying a rapid growth in the realty market.
As the city Pune is known to be one of the most fastest growing cities in India and you can find over here enormous properties at a very affordable price. This is one of the most preferred destination for those who wish to live a luxurious lifestyle. In order to make this city one of the most sought place to reside the home builders have thus moved a step ahead to launch number of the famous properties that ranges from the sample apartments and flats. Hence overall the city Pune is facing an increase in demand as developers are seen to constantly offer absolute luxury, serenity and luxury in the integrated townships, smart or super luxury homes green homes, that they construct.
The Joint managing director of the Pride Purple Group, Arvind Jain said that in Pune Wakad and Aundh are the two most prominent places that is seen for having huge investment. The most important for gaining huge popularity of this property is that the property in Pune is located to very close to the three major destinations like Pimpri Chinchwad, Hinjewadi, Peth areas. These three location is situated very close to the expressway. The National Housing Bank reported that during the month of the April to June the real estate Pune has thus seen to be topped among the lists of the tier II city and as a result due to the infrastructural development has attracted quite a number of Indian as well as the foreign investors.
The three different locations like Magarpatta, Hadaspar and Undri, was being compared by the Nikhil jain of Riddhi Siddhi Group and report that came forward was that compared to Magarpatta and Hadaspar, Undri was enjoying the best connectivity. Hadaspar and Undri have seen to have increase in the multi storey apartments by 12% in the month of June-September 2012. while Magarpatta have been seen to enjoy an increase of only 7%. In the last six months the real estate Pune has been seen to be encouraging in terms of infrastructure in order to meet the increasing demand of the housing projects from both the local population as well as outsiders including business as well as the IT sectors. The price for the Property in Pune are therefore seen to be increasing rapidly due to the influx and expansion of the IT sectors.
Focussing on the real estate Pune, Baner Road has seen to be growing rapidly and is being located on the east to the Dehu-Katraj bypass on NH4. This location is situated near the Hinjewadi IT Park, Mumbai- Pune Highway and Pune Expressway. Due to the launch of the famous projects some of the well known real estate Pune builders who have earned fame over here are listed as follows Gera Development Pvt. Ltd, Yash Developers, Kirti Developers, Amar Developers, Aditya Builders, KB Developers, Welworth Properties etc. The price of the property of Pune ranges from Rs 4,000 to 5,000 per sq ft and is equipped with all luxury features and amenities. according to the Shravan Agarwal, the Joint Managing Director of Pride Purple Group stated that Kothrud, Sinhagad Road and Bibewadi are the certain locations which is having more demand in terms of property in Pune and are being limited to 3 and 4 BHK apartments.
