Pune Real Estate Still In Demand

Pune real estate making a lot of heads turn and even though people are currently not investing in properties in India the city’s realty sector is doing pretty well. Real estate Pune has given high appreciation in the last few years prompting investors to put their money in the region. The demand of Pune properties has further fueled after the borrowing rates came down a few weeks ago.  Lowering of lending rates has positively affected the demand for properties in India.

The demand for under-construction Pune properties is even higher as they prove to be much more affordable. Many end-users may also prefer to buy ready to occupy Pune properties as they save on paying an additional rent. The city houses many IT companies and corporate which has created more job opportunities which have attracted a number of people to make Pune as their base city. Real estate Pune, both commercial as well as residential have seen a huge increase in demand. Among all properties in India the Pune real estate is one realty sector which has not lost its lack luster in the last two to three years inspite of the slump.

The city has managed to retain its capital values and the demand for properties. Many people attribute the high demand of properties to affordable price other say that lowering of lending rates have made the difference. All said and done Pune real estate manages to attract large number of end-users as well as investors. If you too are looking to invest in real estate Pune then do a proper research before entering the market. You can visit makaan.com and known about the latest market trends of properties in India. You can also join discussion forum to know more about all the properties in India and Pune real estate.

High Demand For Flat For Sale In Pune

Many people are looking to buy flat for sale in Pune as the city has offered great returns in the past. The city is undergoing huge infra development which is prompting people to invest here. Ever since IT and ITES companies have come up and set up offices here, many people have invested in Pune properties like Wagholi property, Wakad flats for sale, etc. Even when people were hesitating to buy a property in India the Pune real estate was witnessing decent real estate movement.

The city has been a boon for end-users, investors as well as builders. All three have reaped good benefits out of Pune properties. The city was once considered as a sleepy town but now the city is a vibrant place where youngsters look to buy their first property in India. The flat for sale in Pune especially those located near commercial centers like Wagholi property, Wakad flats for sale, etc. are in high demand. The city has given double digit appreciation in the last five years. There are several reasons for this many people have attributed the proposed new international airport for the price hike others say the inclusion of the city in the smart city list has attracted investors attention. Real estate experts however feel that the rise of employment opportunities is the reason why people are migrating to the city which is causing the rise in demand of Pune properties like Wagholi property, Wakad flats for sale, etc.

If you too are looking to invest in property in India or flat for sale in Pune then you can visit Makaan.com where you can get comprehensive information on property in India or flat for sale in Pune. You can also check price trends of Pune properties like Wagholi property, Wakad flats for sale, etc.

Steady Growth Observed In Pune's Luxury Housing Segment

Property Pune at Makaan.com

While demand for luxury property in India has waned a little on account of a slump in the market, impending hopes of a cut in rates and unaffordable prices, Pune continues to post strong demand and transactions in this segment. The luxury real estate Pune market has registered decent growth over the last few months owing to a spurt in the number of high net worth individuals in the city. Pune has the fastest growth rate in terms of new multi-millionaires of the country. Pune is the seventh most favored city in Asia for high net worth individuals. This is a development that is manifesting itself quite strongly in the real estate market with significantly high levels of demand for properties in the premium segment, i.e. those priced above Rs. 1 crore. There are ample Pune properties available in this category and 70 percent of the total inventory offered by developers extends to properties priced between Rs. 1-2 crore on an average. The Rs. 2-5 crore property segment occupies 25 percent of the overall inventory volume in Pune presently. There are a healthy number of properties available in the property segment exceeding Rs. 5 crore as well. This augurs well for the luxury housing segment which is set to get hotter with several landmark projects to be launched in the near future. Several NRIs have been settling in Pune for its pleasant climate and top class investment possibilities. Property prices in the segment have also gone up by close to 15% on the back of steady demand and growth of the segment.

As per Indian real estate reports, premium projects are mostly being developed at prime locations like Koregaon Park and Viman Nagar while several projects are being developed near the International Airport at Lohegaon in addition to places that are located in close proximity to both Western and Eastern IT hubs. Several luxury Pune real estate projects are being developed in posh areas like Boat Club Road, Salisbury Park, Bhosale Nagar, Prabhat Road, Kalyani Nagar, Magarpatta, Model Colony and Sopan Baug in addition to the emerging Baner-Aundh corridor. It goes without saying that these projects come with premium amenities for residents including Wi-Fi, parks, clubs, fitness zones, central air conditioning, swimming pools, private terraces and concierge services among others.