subject: Pune Properties: Best For Investment In The Country [print this page] Pune, the city of Peshwas is one of the today the most bankable city when it comes to real estate. Pune properties have been on upside ever since development started in the education capital of the country. The city is a perfect integration of modernization and heritage. Also, since Pune is the education capital of the country there are many reputed institutions that are located in the city, IUCAA, FTII, National Defence Academy, Symbiosis and COEP. Pune once regarded as a pensioners paradise is today a fast paced metropolitan. With development setting its feet in the city, Pune properties became from premium to crme-de-la-crme.
There are many factors that work for Pune, pleasing climate and proximity from the financial capital Mumbai are the major ones. Also, there is verdant greenery in Pune, owing to these things the city offers a life of peaceful and fulfilling lifestyle, which is rare in most of the metros of the country. The city of Pune has a population of seventy five lakhs and it is growing rapidly. Further, Pune has always been attached to traditions and from being the education capital of India it has gone on to become the Detroit of India. Punes is one of Indias biggest automobile hubs, it plays host to Indias biggest automobile companies - Tata Motors, Mahindra & Mahindra, General Motors, Volkswagen, Fiat Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors to name a few. Also, there are many auto component manufacturers that are in the city like Saint-Gobain Sekurit, TATA Autocomp Systems Limited, Robert Bosch GmbH, ZF Friedrichshafen AG, Visteon, and Continental Corporation. Mumbai being just 4 hours away gives Pune another edge over other cities. So Pune becomes the first choice for being manufacturing centre of Mumbai based companies.
Pune properties have experienced most escalation in terms of price in comparison to other metros of the country. Residential properties in Pune even in the farthest neighborhoods have become good for investments. Even the rural areas are getting better for real estate investments. Pune is the single urban area which involves two large municipal corporations; Pune city and Pimpri-Chinchwad. With Pune becoming popular with software industries, the city has an overwhelming number of software industries. To name a few major ones Infosys, Persistent Systems, Geometric Limited, Symphony Services, Wipro, TCS, Cognizant, Symantec, Tech Mahindra, Syntel, Fujitsu, Cybage, IBM global, Sybase and Crest Premedia Solutions (P) Ltd. Also, Punes infrastructure is getting better and therefore the properties here have excellent returns. With the Indian government allowing 100% FDI in construction, properties in Pune real estate are going to become much more premium.
A project in the city of Pune that has been always ahead of time is Amanora Park Town. Located in Hadapsar, this is one of the most premium Pune properties. Amanora is the first digital city in the country. It is a colossal township that has been developed by Punes well known City Group headed by Aniruddha Deshpande. Built under the Maharashtra State Government's Special Township Policy, Amanora Park Town offers 1, 1.5, 2, 2.5, 3, 3.5 and 4 BHK and custom made villas in Hadapsar, Pune. This is, understandably so one of the most talked about properties in Pune!