Pune Real Estate – Lots of Options for Prospective Buyers & Investors

pune-real-estatePune is one of the most attractive real estate markets in the country not only for investors but also for end users. The reason can be the consistency of various market drivers that are performing as per expectations. With the scope of expansion in all directions Pune enjoys the advantage of availability of ample space for development and thus buyers have really good options to buy their dream homes suiting to their pockets. In the last year real estate market of Pune has seen boost of prices of properties situated even at a good distance from city and it is the sign that the future of realty in far from city areas is also bright and thus the demand to buy properties in these areas increased as the prices are a little low here.The prime location of west Pune Aundh is now almost saturated and has the prices per square feet at unbelievable levels. This area has now overly developed with almost everything around the corner from good hospitals to good schools, malls, shopping areas, etc. now builders are shifting from Aundh to close by areas where scope for development is still there. These areas are Baner which is now second prime location of west Pune after Aundh, Balewadi, Wakad, Ravet, Chinchawad, Aundh Annex, Pimple Nilakh, etc. If you see on the eastern part of Pune then many new residential projects are coming in the areas like Kharadi, Wagholi, Hadapsar, Dhanori, Undri, etc.If you study the realty market of last few years you can see the positivity of prices. The prices are always going in upward directions and in the last year the speed has increased as the per square feet prices are now really high as compare to the price increase of year 2011 and still in March the per square feet prices are being revised by big developers for their residential projects. It shows that demand for properties in city has gone up and the units are filling fast. Any new project gets good number of buyers even before its launch and they have almost 80 to 90 percent booked within one to two days of launch with price range of 80 to 90 lacs. It indicates that buyers are ready to invest in good projects and are taking decisions quickly as they do not want to lose the opportunity. Builders and developers are also coming up with high end projects as they know that there are buyers for their luxurious units and ultimately they will make a good deal with them. These deals assure the buyer to gain a 15 to 20 percent returns on their investments in near future.Some of the upcoming projects of reputed builders are Olivia Towers in Aloma County (4bhks), Park Bellagio Township in Hinjewadi (1, 2, 3 bhk), Park Landmark in Bibvewadi (3 bhk), Park Oasis in Dhanori (2, 3 bhk) by Pride Purple group, DSK Developers are also coming up with several new projects in Pirangut, Hadapsar, Fursungi, Pashan Sus Road, Balewadi, etc. Sajeevani Developers are launching few projects in West Pune in Sus, Baner, Balewadi, Kivale Ravet, etc. there are four new projects coming up by Amit Enterprises in Undri, Baner, Aundh and Sahakar Nagar. Kunal Group has launched their new luxurious project in Mamurdi with the name Kunal Iconia with 2 and 3 BHK configurations. It is located just next to Subrata Roy Sahara Stadium in Pune. Likewise many new high end to budget residential projects are lined up for buyers and investors to choose from from East to West.RUCHI MAHAJAN

Also Check Out Real Estate Development in Pimpri-Chinchwad, Bhosari, Chakan, Wagholi, Kothrud

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