Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

The Booming Pune Real Estate

Author: Makarand Mahajani
by Makarand Mahajani
Posted: Apr 09, 2014

If you are looking to make a real estate investment is Pune, the best time to invest is right now. As more and more IT industries push forward the demand for real estate in Pune, sales of housing projects form a major chunk of transactions in the city. In fact, there is always a steady demand for property in areas such as Kalyani Nagar and Baner. Also, besides the emerging IT and BPO industry, the growth in student population continues the demand for housing projects in Pune. Today, the city has witnessed a tremendous turnaround and changes in the infrastructure and real estate sector over the last few decades.

Factors Responsible For The Growth Of Real Estate Market In Pune

  • Key Drivers : To start with, the real estate in Pune has become popular due to certain economic growth drivers. Whether we talk about the government policy or investment of reputed real estate builders, all these factors have transformed into the dynamic scenario we see around us.
  • Growing Industry : Due to the presence of fast growing industries and infrastructural development, Pune has become a favorable destination for commercial and industrial activities. Due to rise in Automobile, IT and manufacturing industries in the region, the economy of Pune has grown by leaps and bounds. As a result, popular locations such as Kharadi, Hadaspar, Kalyani Nagar and Viman Nagar have been increasingly developed. This has led to a formidable demand for residential property in Pune.
  • Growth In Per Capita Income : One of the main reasons behind the flourishing real estate market in Pune is that there has been an unprecedented influx of working professionals here who can afford mediocre as well as premium residential apartment and flats in Pune. Due to the rise in purchasing power of people, many reputed real estate builders today offer a wide range of different residential plots and properties.

In addition to these factors, it is worth mentioning that Pune has always been an extremely popular choice for individuals willing to have a serene and pleasant lifestyle in the city. Apart from its significant industrial and IT Sector growth, the city is witnessing a tremendous growth. Today, the city offers the most lucrative and high yielding places for buyers to make an investment.

If you are looking for real estate investment opportunities in and around Pune, look no further than New Horizon. Located in Pune, "New Horizon" is a company founded by experienced professionals from different fields. With a dedicated staff to help you with your search for real estate properties, you can rely on them for great deals on plots, flats and real estate investment. For more, visit: http://www.heritageview.in/.

About the Author

New Horizon is an farm property dealer in Pune.

Rate this Article
Leave a Comment
Author Thumbnail
I Agree:
Comment 
Pictures
Author: Makarand Mahajani

Makarand Mahajani

Member since: Mar 30, 2014
Published articles: 4

Related Articles