Pune has lately developed as an Education hub for the country. More and more IT companies, ITES and BPO services have found Pune as a great market. This surge is likely to be up for coming more years.
One of the major investors in Pune’s real estate arena are the foreign companies and automobile industries.
Commercial property in Pune has seen a new high. Boeing invested Rs 500 crore (Rs 5 billion) in Nagpur.
Volkswagen a well renowned automobile company,invested Rs 2,350 crore (Rs 23.5 billion) in Pune.
Indian automobile Industry has not been left behind. Bajaj Auto investedRs 2,000 crore (Rs 20 billion) in Pune/Aurangabad. General Motors had Rs 1,350 crore (Rs 13.5 billion) in Pune as a real estate share.Rs. 260 Crores were invested by Hyundai Heavy industries in Pune.
Places like Hinjewadi has shown 23% of property rates inflation, Kothrud has shown about 22% and Baner has shown 30%. This is another verification of the fact that real estate in Pune is on a roll. The property rates in Pune will soon be a chart buster. With the influx of IT in Pune, the demand of residential property in Pune has gone up in and around places like Hinjewadi and Wakad.
With many places in Pune to choose from Pimple Saudagar, Kalyaninagar, Wakad, NIMB road, Kothrud, Shukrawarpeth, Vishrantbadi are few to put your money in. Pune gives you the option of investing in places which are likely to give you good returns likeKothrud-1192- of 1000 square foot, Wakad- 1100 square footVishrantBadi with the field of 750 square foot.
One of the major concern of a buyer is the builder he/she picks. To save your hard earned money from going into scams or not giving you the expected return, one must choose his/her builder really carefully. The trust you put in the builder should be rewarded accordingly.
KoltePatil, Kumar Builders,Paranjape Group,Nirmiti Developers and D.S. Kulkarni Developers are few of those major real estate giants.
www.realtyminister.com recommends this as the right time for both residential as well as commercial property purchase in Pune. Looking at the trend of real estate and analyzing it hard enough, one can only state that this up rise in real estate region is likely to stay for some more time. Choose your budget carefully, find the location / apartment you can get in that budget, find the right builder and you’re money is ready to multiply.
Real Estate in Pune | Property in Pune