Residential Property in Pune, Real Estate Developers in Pune, Residential Real Estate in Pune
by
Ashok Israni
Residential Properties in Pune
Pune has always been considered as one of the most progressive cities of Maharashtra. Many IT/ITES companies, educational institutes, BPO industries have established their offices in Pune. It is widely known for its top notch educational facilities that attracts students from across the countries like Eastern Europe, South East Asia, Iran and Middle East. Students and professionals are now migrating to Pune for their career and so the city is witnessing inflation in population. To accommodate the new residents of Pune, it has become necessary for the real estate developers in Pune to introduce new residential projects in Pune. According to the market reports, commercial property in Pune fetches about 20-25% returns on investment. This makes Pune a favorite and a preferred destination of investors. The real estate investors are also getting attracted towards Pune residential properties as the Investment in residential properties is a sure means of high returns. There has been continual increase in the demand of residential properties in Pune because the city always keeps up infrastructure with the developments going on in the city. Real estate developers in Pune are launching new affordable housing schemes in Pune in order to satisfy the requirement of residential accommodation needs in Pune. If you are looking for investments in residential property in Pune, you may opt for apartments, flats, individual houses, group housing, luxury houses like villas, pent houses, vacation homes, condominiums etc. Also, one can invest in upcoming integrated townships that include state-of-the-art housing spaces, shopping zones, business centres and all basic amenities under one roof.
Real Estate Developers in Pune
Many IT industries have moved to Pune to expand their base and because of this move, property builders in Pune grabbed the opportunity to explore the potential of Pune real estate and thus, tremendous commercial developments took place. There was a considerable demand of residential properties in Pune as the number of professionals to work in these companies from outside increased. Also, the demand of residential properties in Pune by the students also increased. This is why, the real estate developers in Pune felt the need of introducing new residential projects in Pune. In the residential front, the focus of real estate developers is on affordable housing which directly implies to flats in Pune. According to the real estate agents, demand for medium budget residential properties in Pune is continuously increasing. These real estate developers in India are planning to build one-room set and two-room set accommodation that costs between Rs 10-15 lakhs. So, many financial institutions are there who provide housing loans due to which buying apartment worth this much amount is not difficult nowadays. Comparing to Mumbai, Delhi and other metropolitan cities, the property prices in Pune are affordable to the middle class society also. Residential property developers in Pune are coming up with new and unique properties to attract the buyers. Real estate developers are now also focusing on the bordering areas of Pune. The city centre boasts of premium capital and rental values. So, most of the users are now looking for affordable accommodation in suburban and bordering areas. And, property builders are trying to cash in on this behaviour of the property seekers. Property in areas like Kothrud, Vanwadi, Oundh are very much in demand. These areas were earlier the extension of villages but are now the hub of property development. The people searching for property in Pune can buy Bungalows in Pune or apartments in Pune. The choice always depends on the budget and the family size. According to real estate agents, demand for medium budget residential properties in Pune is constantly in upbeat mode.
Residential Real Estate in Pune
As per the industry estimates, Pune would need as many as 40,000 residential properties every year to meet its housing requirements. The real estate developers in Pune have come up with many new residential projects in Pune to attract the buyers like townships, apartments, bungalows etc. According to the real estate agents, most people who have been enjoying successful careers in Pune plan for buying their own houses. It is always advisable to do a through property market research when buying residential property in Pune. If you are planning to residential property but have no idea how to go about it then real estate developers such as Pacifica can offer complete solution. From the beginning to the very end the team of Pacifica will guide you ensuring total satisfaction. Whether you are planning to buy apartment in Pune or bungalow in Pune, Pacifica can offer luxurious residential accommodation in Pune according to your budget and locality of your preference. So why wait, contact Pacifica today for all your residential accommodation needs.Pacifica companies is a real estate property with the head office in Ahmedabad and company includes Residential Property, Hotels, Office Buildings.SEO services provided by Jigney Bhachech, CEO Opal Infotech, India.Article Source: eArticlesOnline.com
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