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Real Estate in Pune Knows No Bounds by Sachin Kshirsagar





Article Author Biography
Real Estate in Pune Knows No Bounds by
Article Posted: 02/18/2013
Article Views: 494
Articles Written: 73
Word Count: 561
Article Votes: 0
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Real Estate in Pune Knows No Bounds


 
Real Estate
The real estate in Pune is no exception. It is the city that is flourishing and growing with leaps and bounds. Pune, known as the Queen of Deccan is one of the rapidly growing cities in India today. Over the last few years, it has witnessed a large scale development in the real estate sector. Today, it is considered and preferred as one of the most famous cities for residential investment. Well, the primary vindication behind this type of rise is the intervention of massive IT and multinational companies and thus the demand for residential properties. Due to a strong support from the State, Pune’s infrastructure is developing with a revolutionary pace.

Fast Developing Real Estate in Pune

Pune is sought to be one of the most industrialized and advanced city in the whole country. The construction of commercial and residential complexes, colleges, schools and entertainment establishments are bracing up on a fast and wide scale in the city. Emergence of Pune has become an integral part to the real estate sector in the state of Maharashtra and the country as a whole. It is driven by the most leading and positive trends such as education, automobile and IT industries. These factors define the city and reinforce it to attain the deserving status symbol.

It is evident that Pune continues to anticipate witnessing the good traction in the real estate market for more years to come. Even with new property launches that motivate the momentum of realty market, considering the housing options is relatively and comparably affordable in Pune. The property prices have increased in many parts of the city and it is also seen that the neighboring and suburban areas of the city are getting absorbed at a significant pace. Pune flats for sale are still in demand despite the economic slowdown and decline in the capital values.

Buyers Perspective

Home buyers and investors have a variety of options in Pune because of the host of projects mushrooming in prominent locations like Wakad, Kharadi, Hinjewadi, Aundh, Kalyani Nagar, Koregaon Park, Kondhwa, and Pimple Saudagar. The launch of new projects in all such locations is helping the real estate prices to give a better deal in terms of competition and affordability. The call for Pune flats for sale in the residential market is certainly rising up and both economy and high-end segments are doing great. Basically, Pune’s residential market is divided into zones or segments as you may call it. There are five major markets that carry the trend of residential real estate and they are East, West, Central, North and South Pune. Each of these zones has residential projects and townships based on their culture, surroundings, lifestyle and amenities.

All those of you looking out for luxury style of real estate in Pune, head out for East that heralds places like Viman Nagar, Kharadi, Kalyani Nagar and Koregaon Park areas. These are the most premium locations that offer exclusive and luxurious residential projects. Nonetheless, people who are looking out for moderately priced housing options, heading out for North and South of Pune would be a good idea!

Author:Gera Developments is one of the leading Real Estate Developers in Pune & Goa. We are also offering high end residential apartments in Pune & Goa.

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