Pune, as a living destination, has always drawn attention. The city has held and will always hold a special place in the hearts of homebuyers. The sea of opportunities here, the weather, the social infrastructure, the urban conveniences, connectivity to most parts of the country etc., all come together to make Pune a promising bet.
Pune Real Estate Happenings
At present, the city is witnessing rapid growth in all directions. Moreover, with Maharashtra being one of the forerunning states to have adopted the Real Estate Regulation and Development Act, or RERA, the trust and confidence among homebuyers and investors has sharply increased such as Balewadi, Mundhwa, Undri and Wagholi have developed as boomtowns. The once insignificant, isolated areas have experienced rapid development, and the associated industrialization and population growth. The major industrial zones such as Chakan, Talegaon, Dhanori, PCMC and Charholi, see a regular influx of individuals and thus a growth in civic amenities. The property rates in these areas continue to appreciate over time. The recent trends also reveal that homebuyers prefer to purchase ready-to-move-in homes or those nearing completion. In addition, the planned expansion of the Pune airport is set to draw a lot of attention from the real estate bigwigs. The adjoining areas of Lohegaon, Viman Nagar, Kharadi, and Vishrantwadi too can feel the upsurge in property demand and rates.
Capitalizing on the real estate trends in Pune, Gagan Developers has projects that are spread across the city. Every project is a promising investment for the future. The real estate picture of Pune is bustling with energy and growth. Going forward, how the developers align themselves with the new regulatory norms and introduce newer.