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Understand Changing Real estate Market of Pune

Gaurav Mittal861 25-Feb-2019

Pune is one of the major Indian cities and one of the key locations in Western India. The city is growing at a rapid pace due to IT, ITes, automobile industry and many more factors. The city ranks second only to Mumbai in Maharashtra and is on the list of cities with excellent weather to settle.

Pune offers a plethora of options if you want to buy a property in Pune. You can buy anything from an apartment to a flat to a villa and many more. However, before you buy a property in Pune, knowing the changing real estate scene can help you. 

1. Buy a property in Pune after knowing real estate scene 

-> As discussed earlier, Pune is one of the most popular metro cities in India. The rising population due to job opportunities here is also hiking up the demand for residential properties. As of now, the city is on the expansion spree with barren and outskirts being converted into urban centers and townships. 

-> Recently, there has also been foreign investment in Pune real estate. It is as the place is grabbing the attention of genuine investors and buyers here. Such investments are basically due to new business activities in the field of IT, ITes and BPO industry. 

Understand Changing Real estate Market of Pune

2. Areas that are riding the Pune real estate scene 

-> Are you looking to buy a property in Pune in the areas with the highest real estate values? Such areas are Koregaon Park, Model Colony, Deccan Gymkhana and Hinjewadi. The Kolte Patil Life Republic in Hinjewadi is one of the premium real estate destinations in Pune.

-> However, not all can afford such higher prices in these high stake areas. Hence, you can also find many reputed builders offers in other areas. 

-> Such locations are Camp, Shivaji Nagar, Kalyani Nagar, FC Road, Hadapsar Ahmednagar Road, Baner, Wagholi, Wakad, JM Road, Kondhwa, Undri, Wakdewadi, and more. 

-> Based on your needs and budget, you can also compare all available deals in these areas. This way, you can pick the best offer that you may suit you the best. 

3. Offers galore in Pune real estate market 

-> The Pune real estate market is also witnessing a cut-throat competition among builders. The biggest beneficiary of such a scene is that homebuyers can make the most of it, and lap up multiple offers that come with offer realty deals.

-> Nowadays, builders are also offering modular kitchens, ACs, LED TVs and more facilities n living rooms. It is to attract a buyer. However, you must check the background of such builders. You should ensure if they have all permissions to deliver on basic parameters along with the offered amenities.

It is also a smart idea to consult a reputed real estate expert to know more about the real estate scene in Pune. This way, you can decide to buy property in Pune smoothly and without hassles.    


Updated 07-Sep-2019
Hey, I am Gaurav Mittal and having more than 5 years experience in content writing. I write article on different topics like Finance, insurance, Real Estate, Health, Technology and many others. https://www.toolstutorial.com/

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