The story of pune’s real estate market

The Story of Pune’s Real Estate Market

A lot has been said and predicted about the real estate market of Pune, a city with one of the most developing markets of India. Also known as the IT hub of the country, Pune is all set for a big change that is going to take place within the next few years.

Once a city with no real estate projects at all, Pune is now all geared up for the next wave of real estate business in India. After undergoing a heap of transformations since the past few years, Pune is making considerable amount of changes in its overall structure as a city. From sprawling structures and shopping places to posh properties, there is now no stopping the city from becoming an attractive market altogether.

To understand the concept of real estate in Pune , below are a few examples explaining how the city has become a focus point of investments-

Increasing job opportunities One obvious fact about the development of real estate in Pune is the rising job offers being created by the IT industry in particular. Through the last 5 years, the city has seen the most number of highs and lows being created due to the work related prospects. residential projects in Pune Not just the commercial property, there is also a sudden sprint in the residential real estate industry of Pune. It is because of an observation that people shifting to Pune for new jobs are also looking out to buy a place to reside.

Hope for a steep rise After experiencing a slight slowdown since the past one year, Pune is now expected to perform outstandingly well in the next phase of 2016-17. top builders in Pune After the micro markets of the city saw a steady increment, buyers are now prepared for the next big change of business in the city. Another factor is the affordable prices of different property segments of Pune. from luxury to affordable property options, Pune has a huge pile of opportunities for the new as well as existing investors.