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Why is Pune the new buzzword in real estate today?

Author: Pratik Gaikwad
by Pratik Gaikwad
Posted: May 18, 2016

Pune might be a small part of the map of India, but it is one of the major cities in the country today. It has witnessed the fastest growth in terms of development in India compared to other cities. Known as the cultural capital of India and the Oxford of the East, Pune attracts students from all over the world. SavitriBai Phule University, formerly known as Pune University is world renowned, which opens up a lot of scope for education here, this is the reason Pune is always bustling with young and energetic crowd.

Pune is also emerging as an IT hub of India. It is predicted that by 2020, Pune will leave major cities like Bangalore and Hyderabad behind in the IT sector. A major development in the next few years in Pune is the Smart City Campaign. Pune has been selected 2nd for the development of this campaign.

The market rates in Pune are on a constant rise ever since. Be sure to have guaranteed returns on your investments in Pune. Be smart and book a home in Pune today!

It is also one of the greenest cities in India. About 60 years back Pune was once considered as a hill station. The weather is always pleasant and windy. There are times when cool winds envelope you in the evening after a hot summer day. The Mula-Mutha River flows through the city which ensures constant supply of water in the city. Pune is such a city, that if you live here, you will get instantly attached with the culture and environment here. People rightly say, once you have lived in Pune, you don’t feel like living anywhere else! Residential projects in Pune are some of the most comfortable and eco-friendly areas.

Pune is today one of the most rapidly developing cities and it is incredible to see the phenomenal rise in quality of life. People often used to associate Pune with an easy going lifestyle and a relaxed atmosphere. It was often actually considered to be the place people came to retire. However, with the increase in development of the IT sector, the city has seen a great many new residential projects in Pune being set up. World-class colleges, universities and schools have been set up across the city which has encouraged people to move from more expensive Tier 1 cities like Delhi and Bangalore and move to Pune. Here, families can achieve a higher standard of living and better quality of life as compared to living anywhere else!

Builders have recognized that increased need for residential societies and there has been a massive increase in the number of housing properties that have been set up. Another reason why Pune has blossomed today is the fact the city now boasts of a great nightlife! The entire stretch of Koregaon Park is filled with restaurants and cafes for all age groups to have a blast. Pune is now no longer meant for the retired! It has built an entire ecosystem of entertainment with a range of activities for all kinds of people. Step into the paradise city!

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Author: Pratik Gaikwad

Pratik Gaikwad

Member since: Nov 03, 2015
Published articles: 57

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