real estate developers in pune

Soaring Inflation in the Real Estate Property Rates of Pune

The cultural capital of Maharashtra and the hub of IT industry i.e. Pune has witnessed a gigantic surge in the real estate market over the past few years. The mushrooming IT industries, first-rate education system, Higher standard of living, deluxe shopping malls and arcades have contributed monumentally to make Pune the idyllic location to reside in. With that said, more and more property seekers from far and near places are opting for owing new flats in Pune. Having a flat in Pune lets you reap a variety of benefits for example increased security, landscaped social infrastructure and a plethora of other sumptuous amenities.

Luxury properties in Pune are abundant but at steep price rates. Locations such as Undri, Somatane, Phata, Kharadi, Aundh, Hinjawadi, etc. are the prime destinations for ongoing residential projects in Pune. Since the price rates of lands in Pune are currently exorbitant and not for every person. A few years ago, the price rates was ranging between 3,000 square feet to 7,000 square feet. At present, the price range is Rs. 12,000 to Rs. 20,000 per square feet!

Towering demand for Under Construction Housing Projects in Pune Pune, being an IT hub, has been increasingly attracting a multitude of IT professionals to the city, that is why it is common to witness a tremendous demand for housing projects in Pune. Under construction projects in Pune in the areas such as Undri, Somatane Phata, Aundh, Hinjawadi etcs are taking place rapidly and actively. Landscaped connectivity and bang-up social infrastructure are a few salient features that have contributed principally in stepping up the demand for the sumptuous apartments in these localities.

Simply giving credit to the towering demand for luxury under construction projects in Pune because of the IT sector will be a mistake as the manufacturing sector accounts for the same equally.

The luxury housing projects are underway and despite owing to the steep price rates, they are the magnet for a lot of India-based as well as non-resident wealthy property seekers. Despite the steep rates of real estate in Pune, buying property in the city is an intelligent decision for one because of the varied hopeful reasons. Depending on your personal preferences and budget, you can opt for buying a flat, an apartment, a land, a house or any other form of real estate and reap the benefits.