Also known as Oxford of the East, ‘Pune’ is world over acclaimed as the center of reputed educational institutes, colleges, and universities. Quality education facilities attract thousands of Indian as well as foreign students to the lap of this education city, every year. Having completed their studies, most of the students either prefer to make their career in Pune or continue higher education.
In both the cases, they need proper accommodation. Finally, students like to buy or rent home at an accessible location. To overcome the rising demand of residential apartments from students’ end, many renowned developers have launched their projects in the vicinity. This has resulted unprecedented growth in the real estate market of Pune.
Pune is identified as the prime center of various industries like automotive industries, information technology companies, and consumer durables manufacturing companies, to name a few. Some of the industrial players operating in Pune are Tata Motors, Bajaj Auto, Volkswagen, Hindustan Antibiotics, Bharat Forge, Thermax, Jaihind Industries, Tata Autocomp, etc.
Thousands of employees in these industries have requirement of residential flats in the close proximity. Consequently, Pune residential property market is witnessing amazing demand from IT professionals, automotive professionals, and many others working in different industries, here. Buying a residential property in Pune is certainly a wise decision to have lucrative return in future, either by renting or re-selling it.