One of the most flourishing industry of Pune is the real estate, which is providing great prospect to the investors to get into the industry and to earn huge profits. Pune is becoming another IT and MNC capital of India as these companies are establishing their base in the city. In the due course of time Pune real estate business has got a lot mileage both in the area of residential as well as commercial properties, which has created a best investment opportunities for the investors who are looking for the huge returns.
In the recent time Pune Property is observing unmatched growth not only in the IT industry but at the same time many other domestic companies and MNCs are flourishing in Pune.In addition, to accommodate the growing population due rapid industrialization many residential project, which consists apartments in Pune is also expanding. These apartments consist of 1/2/3/4 bedroom homes intact with all necessary amenities. In case of commercial property the builders has set a trend to offer facilities to business owners according to their profile.
MNCs in Pune:
The inception of IT companies and MNCs in Pune offered great job opportunities to the professional across the world at same time provided great time to real estate business, some major commercial area are; Baner, Aundh, Viman Nagar, Lonavala, and others.This attracted many investors, which played key role in raising the cost property in Pune. At the same by the increase in the number of cash rich masses the price of apartments also started climbing to the heights of the sky in Pune city, some of the renowned residential projects of Pune are; Hadapsar, Viman Nagar, Kalyani Nagar, Baner, Kharadi, NIBM, Wakad, and others.
In today’s world the people are liking a luxurious life with all the comforts at their door step; therefore builders in Pune are change the trend of their construction. At the same time commercial properties are changing their traditional trend, which has given birth to the mall culture and corporate complexes. Pune city has a perfect blend of traditional and contemporary culture. In addition, the climate, beautiful landscapes, and greenery are some of the features, which are attracting people who are in search of the perfect home. All the above mentioned factors have made Pune a perfect place to become center of business and education.
Commercial & Residential Property:
The transformation of trend of construction from traditional to contemporary has made Pune Real Estate a center of attraction for international investors, which has improved financial condition of Indian economy. By observing this government of India is following liberal policy and amended the previous law that is making Pune property a premier spot for investment. The value of commercial and residential property is directly proportional to each other. If the commercial property will get mileage, the employees will earn good income and will tend to get a luxurious life, thus, the requirement of luxurious apartments in Pune will increase. Therefore, builders are ready with the projects which consist both residential as well as commercial projects.