Top Five Reasons To Buy A Home In Pune
Buy the best property in Mumbai, Pune, and Bangalore. Buy Directly from Builders. No brokerage and bottom rate policy. Home Buying Simplified by Housiey.
Pune is growing quickly. The projects of famous developers have become a common sight.
Why is this happening?
The city is becoming well-known among millennials looking to enjoy a life that is unbeatable.
Let's shine the spotlight on Pune growing into a viable investment option for homeowners.
What makes Pune a desirable real estate destination:
The worth of real estate within any city will depend on the benefits the city can provide the residents. For Pune it is enormous. But, to reach that point, we have to first understand the patterns of supply and demand.
1 - Thriving Economy & Demand
Pune has seen over 45,000 houses that were sold from Jan. through June of 2023 this makes it the most rapidly growing market for real estate among cities. It is a massive leap over 2019 when 32,250 homes were sold between Jan. and June.
The primary driver for that increase is the transformation that has taken place in Hinjewadi to become the center for IT in India with more than half a million employees. The Rajiv Gandhi Infotech Park in Hinjewadi is the only site of about 800 IT companies (large as well as smaller) spread across more than 2800 acres (11.3 million square meters).
Pune is the home of several other centers of IT that include:
It is also an important center for automobiles that are directly competing with cities such as Chennai. Pune also contributes heavily to medical, and healthcare sectors, as well as education. This gives an edge to the economy in Pune and is why it's a desirable home investment, especially as the need to buy an apartment in Pune grows.
Fantastic connectivity Excellent connectivity Mumbai and other cities within the area. An ideal location for employment along with improved infrastructure helps boost confidence in investors who invest in Pune.
2 - Strategic Location & Robust Connectivity
It is important to consider the location of real property. Pune's centrality makes it the perfect investment spot. It is connected via airways, roads along with railway lines.
The expressways and highways that create the circle around Pune:
-
Mumbai-Pune Expressway
-
Pune-Solapur Road
-
Pune-Mumbai Highway
-
Pune-Ahmednagar Road
-
Mundhwa Bypass
-
Pune-Nashik Road
Pune Outer and Inner Ring Roads are roads planned to link the city with towns and villages. Pune is the home of an international airport, which gives an international connection. Furthermore, Pune Metro, Pune Metro is the latest expansion of the city's existing system of connectivity, making it a more cost-effective, comfortable, efficient, and faster journey.
3 - Employment & Educational Opportunities
We mentioned earlier that Pune is home to a multi-faceted and diverse economy. The most important sectors that provide jobs in Pune are:
-
Information Technology (IT)
-
Healthcare
-
Industrial
-
and Auto
-
Engineering
-
Education
Pune is an area that provides employment opportunities for a broad array of professions. Thus, purchasing a home in Pune near employment hubs can result in an increase in rental and appreciation in the near future. The reason for this is that the homes within Hinjewadi, Wakad, as and other locations where people work, are very desired.
Alongside being an important work center in Maharashtra It is also the home of more than 800 institutions of higher learning. Savitribai Phule Pune University, IT Pune, Symbiosis International University and Fergusson College are some of the most prestigious schools within Maharashtra in addition to others.
Students come from across India and are sustaining an ever-growing need for affordable student housing. Due to the fact that Pune is home to students and young professionals, and students, the need for smart homes in Pune has been increasing continuously.
4 - High Return on Investment
Contrary to the high costs of cities such as Mumbai in addition to Bengaluru, Pune, despite the high demand is nevertheless affordable. It is possible to purchase a home in Pune is a great choice for people with various budgets.
The prices of real estate in Pune differ from place to location. Certain areas are desired, such as Koregaon Park have luxurious properties which are more expensive. A majority of the luxury homes that are situated in Pune are located within this. The towns that comprise Hinjewadi, Kharadi, and Wagholi have seen significant gains in the past several years as a result of the increasing demand and remain at the top of the list of possibilities within Pune for professionals in IT.
5 - Quality of Life
Pune is an amalgamation of both modernity and heritage. The city is home to breathtaking parks, monuments to old malls as well in entertainment venues. The Western Ghats that surround Pune make the perfect background for an ideal climate all time the. That is why Pune is a top choice for the most liveable city in the India index.
Conclusion:
If you're considering buying property in Pune The initial step of this process is to put your on the path towards the most successful outcome. This is why over 45,000 clients choose us as their guide for requirements in real estate.
Get in touch with us. contact us today for more information
What's Your Reaction?
