Being the second largest city of Maharashtra, and the “Oxford of the east” Pune is an attractive place to buy or rent a property in. Culturally rich and famous for its educational institutions – Pune is a prime location for students, Businessman looking to open up new ventures, art lovers looking to explore, and even for someone looking to retire in a beautiful place. In compliance with the Rising demand for property in Pune, builders are also coming up with the range of property – from affordable to luxury.
The property business in Pune is literally booming, today. This has become possible mainly because of the availability of property to the customers, as per their comfortability: Firstly, builders are making fully furnished apartments or other apartments affordable. Further, top builders are initially taking a booking amount and the rest of the money can be paid in installments. This has expanded the property market to the middle-class people and also, the youth. It is the perfect time to purchase properties in Pune, as Pune’s real estate market today is one of the most promising realty markets for investment. With the rising development in the infrastructure of Pune, the city is in high demand for investors and well-paying companies, to purchase properties.
North Pune
The major areas in North Pune are Chinchwad, Malegaon, Akurdi, Pradhikaran, and Ravet. Chinchwad being one of the industrial hubs of the city draws in rapid residential development. The entire North is, in fact, coming up with many new residential villa projects in Pune. Another good location is Viman Nagar known mainly for its luxurious projects.
Central Pune
The main locations are Model Colony Prabhat Road Apte Road Deccan and Shivaji Nagar. This area is the current favorite of builders
East Pune
Boat Club Kalyani Nagar Hadapsar Iman Nagar Kharadi Koregaon Park is the high society and posche areas, with all the Metropolitan crowd, IT companies and luxury apartments
West Pune
infrastructurally good and conveniently located from work, Baner Balewadi Kothrud Hinjewadi Pashan Wakad, Aundh, Pimple, and Saudagar are all a great property investment
South Pune
Ambegaon, Katraj, Khed Shivapur, Salisbury Park, Warje, Mohammadwadi, Sinhagad Road, Kondhwa, NIBM, Parvati are all coming up with new residential projects – Katraj being especially famous as a low-cost housing destination.
Ranked number one in India in the ease of living ranking index, and one of the cleanest cities, it is one of the growing Industrial and urban hubs. To purchase residential properties in Pune, whether for living or investing, the above mentioned real estate markets – North, central, East, west, south Pune should be preferred.
