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Given this ever-increasing influx, investing in upcoming projects in Pune today is the best investment opportunity.
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Residential Projects in Koregaon Part considered an affordable yet luxurious investment
Introduction The city of Pune has seen a considerable influx from both, India and overseas. The influx has led Pune to have a host of numerous housing options, from 1 bhk, 2 bhk, affordable and luxury housing. Given this ever-increasing influx, investing in upcoming projects in Pune today is the best investment opportunity. There are various factors and characteristics that have contributed a host of fresh investments make in Pune. These are mentioned in the next section.
Background of Pune The city is regarded as the “next realty destination”. It is well-connected to India’s financial capital, Mumbai. The city is a great powerhouse for human capital and growth engine, which stems from its huge corpus of 800+ educational institutes and 30%+ graduate workforce. The dual factors have earned Pune the accolade “Oxford of the East”. These factors have led to an IT revolution in the city, which has translated into various upcoming projects in Pune with demand mainly stemming from commercial IT hubs. This has led the real estate prices of several micro-pockets to a higher notch. In addition, being a powerhouse for start-ups, Pune has a really bright future ahead of it. Given the aforementioned factors, the city is a goldmine for those looking to buy a 1 or 2 bhk flat in Pune. Revised pay scales and attractive remuneration packages have contributed to an increase in purchasing power and making the real estate prices more affordable for newcomers.
Micro-pockets that newcomers should look out for Within the city, certain micro-pockets are particularly open to newcomers. Koregaon Park Bibvewadi and Central Pune Magarpatta and Hinjewadi Hadapsar Outskirts
Koregaon Park The locality is strategically located in close proximity to the International Airport and railway station (6 km and 3km,respectively). Its close connectivity to the city center and nearby localities along with strong social infrastructure, one can expect to see a stream of new residential projects in Koregaon Park in the coming years. Bibvewadi and Central Pune Koregaon Park and these localities have a strong social infrastructure – numerous hospitals, schools, and entertainment hubs. These key drivers make investing in residential projects in Koregaon park very economical.
Magarpatta and Hinjewadi These localities are in close proximity to IT and business hubs and most commercial establishments, and hence provide a comfortable commute to-and-fro from work. Hadapsar The locality is apt for real estate from an investment viewpoint due to its capital appreciation and rental income potential. Outskirts Localities such as Wagholi, Ravet, and Talegaon, although located at the outskirts are a good option due to the strong connectivity and infrastructure.
Final Thoughts The real estate market of Pune is an attractive destination for those looking for affordable housing, such as 1 or 2 bhk flat in Pune.
Introduction The city of Pune has seen a considerable influx from both, India and overseas. The influx has led Pune to have a host of numerous housing options, from 1 bhk, 2 bhk, affordable and luxury housing. Given this ever-increasing influx, investing in upcoming projects in Pune today is the best investment opportunity. There are various factors and characteristics that have contributed a host of fresh investments make in Pune. These are mentioned in the next section.
