Some of the cities in India witnessed a drop in real estate prices in 2019. The prime reason for such a downward trend in prices included changes in socio-economic conditions in the country as well as consumer price inflation. However, Pune did not find its name among these cities, and the real estate industry in Pune is still going strong. In fact, it can be compared to that in Mumbai, the largest city in Maharashtra.
Due to several reasons, Mumbai-based property owners are keen to buy real estate in Pune.
Pune has bagged the tag of ‘Oxford of the East’. Over the last decade, several startups in India have come up from this city. Besides, as many as 110 global IT companies have come up with their offices in Pune. Some of the popular localities for these global firms include Viman Nagar, Kharadi and Hinjewadi. No wonder, Pune has seen the development of several residential and commercial properties in the last few years. Due to the extensive employment opportunities in Pune, the city is attracting property owners from Mumbai and other cities.
Pune has a well-developed automotive and IT industry. Naturally, employees from other parts of the country come to Pune for these career prospects. Investing in Pune would help you gain a good stream of income from rentals. Presently, several Mumbai-based investors are looking for affordable properties in Pune to rent or lease them off. Besides, the city has also got several luxury projects.
Over the years, Pune has experienced a rapid development in infrastructure. Besides, many projects are waiting in the pipeline, including the Bus Rapid Transit System (BRTS) and Pune Ring Road. Besides, the metro project is being developed in the city, which would bolster connectivity.
4 Taljai Hills
Located in Dhankawadi,4 Taljai Hills is a residential complex with sophisticated 2 and 3 BHK apartments. With prices ranging between INR 72.43 lakhs and INR 1.02 crore, this estate brings you classy apartments with amenities that you ease up your lifestyle. Residents can book the apartments for pre-launch possession, considering the growing prices of these properties. With party lawns, buffet area and amphi steps, the estate is attracting investors. You may consider buying a splendid apartment in this project now.
December 09, 2020