Pune is the second largest city in Maharashtra, after the capital city of Mumbai. It was well known earlier for its tranquil ambience and quaint attributes, which has been the choice for veterans to lead a serene retired life. However, the scenario has drastically changed since past 10 years and once a calm and picturesque city has erupted as today’s one of the technological hub of Maharashtra. With an extended establishment of IT/ITES sector crept in, Pune has also become the center of superlative automobile and manufacturing destinations. The city witnesses the existence of superlative workplaces, that has attracted mass census input from all over. The demand of accommodation has raised the scope for real estate development.
However, investment in residential properties in Pune has always been a matter of debate. People who have migrated in Pune in search of job have a mix feeling about investing in Pune’s real estate market. Some say that a rented accommodation is the best option, as one can shift as per the rotation of workplaces around the city; while some has a viewpoint of owning an abode is the best choice to avoid the hassles of shifting home frequently.
However, buying an own home is a prestigious feel and when it is in the metro city like Pune, the dignity of the home owners increases to a summit. There are several plus points of buying a home in Pune.
Some important reasons for investing in Pune’s real estate are as follows:
1. Ample opportunity of Employment:
With the current conditions, selection for an ideal residential asset in Pune city is majorly motivated by the workplace establishment of an individual. The city is primarily divided into two zones east and west Pune depending on the establishment of workplaces. Magarpatta City, S P Infocity and Kharadi IT Park are the IT destinations dominating the eastern fringe of the city whereas Hinjewadi IT Park, Baner IT Park influences the development of western edge of the city. Additionally, the MIDC workplaces like Bhosari, Chakan and Talegaon have also contributed their part in lifting the demand of the city, subjected to its employment opportunity. Apartments in Pune nearby to the workplaces are most in demand by the prospect buyers, as residing close to work has trolled the real estate industry.
2. Prime Education destination:
Pune holds a prestigious title of “Oxford OF The East”. Pune University, now known as Savitribhai Phule Pune University is one of the well-known establishments. The college of Engineering, Deccan Education Society, Fergussion College, Symbiosis International University, Institute of Management Development and Research are few of the renowned names in the field of higher education. An exquisite combination of education and employment that has catalyzed several enthusiasts to invest in Pune properties.
3. Ambience and Infrastructure:
Though a highly vibrant and bustling city, Pune has been able to retain its tranquil charm. The city has been highly developed infrastructurally yet, its portion of lush and open spaces are dedicated that allows in maintaining the urban balance. The parks and gardens in Pune namely Saras Baug, Kamala Nehru Park, Empress Garden, Rajiv Gandhi Zoological Park, Osho Teerth Park etc has assisted in maintaining the ecological balance of the city. Lush scenic beauties like Baner Hills etc also adds to the picturesque trait of the city. On the other hand, infrastructural supremacy of the city is to suit the modern living standard. Strategic roads with amazing commutation system by BRTS Route running across the city offers perfect public commutation. Moreover, upscale metro resources like best schools, colleges, hospitals, shopping malls, banks etc are in abundance to provide a perfect and vibrant life. People who migrate in Pune in search of job turns to be the resident in the later stage, owing to the soothing surroundings and robust outlining of the city scapes.
Pune offers a moderate weather throughout the year. The months of March till June are Summers, which remains pleasant ranging the temperature between 24-34 degree Celsius; winters are enjoyable with temperature range between 5-20 degree Celsius for the month of October till February; Monsoons in Pune are too rejoicing. The month of July till September are the merry season of monsoon. The entire ambience of the city and its adjoining areas turns to a lush and picturesque landscape. The climatic bliss is one of the reason that catalyzes the thought of buying flats in Pune.
5. Luxurious and trendy homes:
The residential constructions in Pune is inspired by ultra-modern architectural parameters. The reputed realtors of the city leave no page un-turn to ensure residential elegance of the buyers. Majority of the properties are created with architectural perfection and filled with contemporary amenities. The recreational facilities at the properties serves as a recreational zone for the inhabitants. The sprawling residences at an affordable pricing also has motivated the increased realty demand.
Homes in Pune is the best investment choice for prospect buyers. The city offers best living conditions and wide scope of career growth. Either for self- use or for investment purpose, real estate market of Pune always will reciprocate superb ROI, in return of the upscale resources that it offers.
Pune is one of the vibrant city in Maharashtra, India, which harbors several upscale civic resources. Buying properties in Pune have been on demand, as the city is empowered with employment opportunity and availability of higher education scope, primarily. The other reasons for buying flats in Pune are its infrastructural, environmental and climatic conditions. The city has been an affectionate destination for all age groups.