Pune ? The Real Estate Boom

Pune ? The Real Estate Boom

Aptly name “Queen of Deccan”, Pune is one of the fast growing cities in India today. With the focus and concentration shifting from Mumbai (Pune-Mumbai are very near) towards Pune, it has given Pune a major impetus for industrial, educational and  real estate growth. From automobiles to IT sector, most of the industries have their base in Pune and surrounding areas. Because of premier educational institutes, population is rising, influx is increasing and disposable income is on a rise. This leads to inevitable real estate growth and development. So if you are planning to invest in Pune, it is smart decision and here are some places you might want to look into:

Kalyani Nagar – this locality is a major hit amongst all buyers. It is very nicely located – 4 kilometers from airport, 5 kms from central station and very near to downtown Pune! Malls, IT Parks and huge complexes have given rise to it been called as the commercial place in Pune. It is where business is!
Hinjewadi – Home to the biggest IT Park in Pune – Rajiv Gandhi InfoTech Park, Hinjewadi is a fast growing part of Pune. It is home to companies like Wipro, TCS, Infosys, Cummins, Mind tree, IBM etc. Mumbai-Pune highway passes through the locality and hence it surges in importance even further
Viman Nagar – it is only about half a kilometer from the airport. It is an upcoming area especially for hotels because of proximity to airport
MagarPatta – this locality extends for an impressive stretch of 7—acres and Pune-Solapur highway passes through this locality. It is home to international giants like Accenture, Avaya, Patni etc. it has also earned ISO: 9001 certification for eco friendliness of the area. This is attracting many more companies. With companies, population also increases. Real estate boom in this area is thus a surety
Kharadi – PMC has taken several measures to uplift this area and it is fast coming up as a hit destination too
Satara Road – Famous colleges like Bharati Vidyapeeth and Pune Vidyapeeth are here and hence real estate is increasing. It is at good distance from a booming town of Satara!

Whether it is increase in educational institutes or more companies building offices and plants in the beautiful city of Pune, demand for real estate – both residential and commercial is on a rise!

With concentration and focus slowly shifting from Mumbai to Pune, real estate is fast growing in this beautiful city! For more information visit:  Landlord India

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