The realty sector in India has seen a sudden boom. It is not limited to just metros like Delhi, Mumbai, Calcutta, Chennai. The force behind the real estate is the value appreciation over a period of time. Now people are moving towards the concept of good living and smart spaces that is fully facilitate. Each city has its own distinctive advantage for real estate activities. Like Pune has witnessed threefold rise in real estate.There are various factors that make Pune a more suitable place to live, work or to study. The prices of property moved to triple in last 2 to 3 years. Pune is almost touching Mumbai in real estate prices but it has got advantage of space. It is spreading like anything due to the demand.The main reason of progressive real estate at fast pace in pune are:IT companies:Pune has become one of the biggest IT hubs of India. All major it companies you will find in Pune from Infosys to IBM and Wipro to Sasken. People get so many opportunities here that they can have a secured career over a period of time without having any fear of pink slip. They get good standard of living here. IT parks are spread almost at every corner of Pune like Hinjewadi at one side and Magarpatta IT park at the other side.Educational institutes:With good institutes, recognised universities, appropriate training environment and loads of job opportunities in various fields Pune has become the centre of education for students from all over India. Whether it is in management field, science, engineering, pharmacy or hotel management, you will find the best institutes in Pune like Fergusson College, college of engineering, film and television institute, symbiosis institute, university of Pune, etc. Reasonable cost of living and proximity from various cities also help students to choose Pune for education apart from good quality of education.Investment purpose:In last 10 to 15 years real estate is one of the booming fields in Pune. People have realised that the appreciation value for their property will be very high as they already experienced. People see it an opportunity to invest in reality in Pune as it is growing at a fast pace. Most of Mumbai’s businessmen are also investing in Pune real estate as they see an opportunity of appreciation or may be relocating in Pune later on. Salaried person find it easy to pay an instalment for their property instead of paying equivalent rents.Automobile industry:Pune has become ‘Detroit of India’. Tata motors, Mercedes-Benz and Bajaj auto are not new to Pune. But now the global heavy weights like Fiat, General Motors, Volkswagan and more recently Mahindra and Mahindra, India’s largest utility vehicle maker have committed large investments in this region. The Pune automobile landscape includes outer Pune like Chakan, Pimpri-Chinchwad, Talegaon. The main reason behind the automobile sector progress in Pune is global auto manufacturers want cheaper locations without compromising the quality. Whenever any industry grows it creates job opportunities and thus promotes real estate.Weather conditions:One more favour for Pune is the weather. Here the weather is pleasant all over the year. It is not very hot in summer, not very cold in winters and rains are never flooding Pune. So it gives a stable and smooth living experience to its citizen that is why many Mumbaikars prefer a home in Pune after retirement. It is the perfect place for nature and peace loving people.ByRuchi Mahajan (Contributor)займ на карту без отказов круглосуточновзять кредит онлайн