It seems that homebuyers in Pune have decided to invest in flats
and the developers are strong-willed to fulfill the rising demands of the
homebuyers. Pune, the city with rich culture and education has come a long way
as far as real estate is concerned. The emergence of IT companies and luxurious
residential towers are primarily responsible for the upliftment of the real
estate and have significantly transformed the skyline of the city. Due to the large
number of migrating crowd, the demand for residential properties is escalating.
Apart from the local buyers even NRIs and Mumbai investors are looking out for flats in Pune. The property rates in
the city are affordable as compared to Mumbai and other reason is that Pune is
directly connected to the financial capital via Mumbai-Bangalore Highway; hence
large number of property buyers is eyeing Pune as a good investment option.
Aundh, Baner,
Hinjewadi, Wakad, Kalyani-Nagar, Pimple-Saudagar, Ambegaon are the prime
locations where developers are coming up with new and opulent residential
projects. Most of the residents prefer buying flats rather than renting. There
are array of projects that offer 2 and 3 BHK flats for sale in Pune. 4BHK luxurious apartments are also seeing
an increasing demand. Kolte Patil Developers Ltd., Godrej Properties, Paranjape
Schemes, ABIL Group, Kumar Urban Development Ltd., Goel Ganga Group, Purple
Group are some of the renowned real estate developers who have contributed to
revolutionize the residential real estate sector of Pune.