Areas to Invest in Pune Real Estate Market
Pune’s real estate landscape is all set to experience a revival of its fortune in 2018. The vibrant space has already been witnessing a surge in demand, thanks to the protective RERA (Real Estate Regulatory Act) and immense business potential of the city getting leverage by young start-ups.
Maharashtra’s cultural capital’s skyline is all set to be silhouetted with top-notch projects in most sought after locations like Wakad, Keshav Nagar, Wagholi, Undri, etc. The stabilizing force of Pune real estate market has been resourceful developers like Sancheti Builders who focus on unmitigated quality and space optimization at competitive prices.
Real Estate Projections for 2018
The connectivity to business and educational hubs, medical amenities, public parks, verdant spaces, and upcoming large-scale projects like Metro play a decisive role in pegging the attractiveness of locations. Investments in such prime locations are bound to fetch higher rents too.
Wagholi and Undri areas hold the center-stage of contemporary business development in Pune. These areas stand to benefit unprecedentedly from initiatives of new entrepreneurs who are impelled by liberal incentives announced under ‘Make In India’ drive, strategic proximity to major amenities, and a dynamic population comprising of students and young entrepreneurs.
Wakad and Keshav Nagar enjoy the patronage of enthusiastic investors by being in the vicinity of happening locations. Ravet is an area where per sq.feet price is a tad higher, but you can easily secure rent in the bracket of Rs 10000-15000 per month. Top housing sites have rated Wakad highly on the livability scale with a score of 9.6 out of 10.
Triggers for Phenomenal Real Estate Growth in Selective Areas
Real estate companies in Pune definitely are on the cusp of a golden era. This can be attributed to the ambitious development plan for Pune metropolitan area which is getting prepared in full swing. The plan unveiled by Pune development authority about six months back encompasses about four hundred villages sprawling across 7356 sqkm along the outskirts of the city. It has been envisaged to bring the municipality area of Pimpri Chinchwad along with neighboring villages in the expansive, smart city blueprint.
The splendid growth would be along the lines of Navi Mumbai and Delhi NCR areas. It is prudent to book your apartments and commercial spaces well in advance in proximity for monetizing on the rosy future. .
Real Estate Deals to Look For
Pune real estate news is definitely promising. Don’t bide your time as lucrative deals from renowned builders would run out in no time. A name to count on is Sancheti Builders. They have commanded the trust and investment of discerning homebuyers through completed projects like ‘Mahavir Residency,’ ‘Baner’s Prachi Residency’ and ‘Hadaspar’s Priyanka Residency.’ The eclectic constructions located in mainstream Pune have stood out due to optimization of space, aesthetic quotient, quality of construction, and hassle-free timely possessions.
Blazing the trail for real estate developers in Pune, Sancheti Builders is busy developing a number of covetous projects in Pune’s prime locations. 2 BHK luxurious homes at Wakad under ‘Dream castles’ project is paving the way for cosmopolitan citizens to enjoy world class living standards within Pune. Another crowning project is ‘Belcastel’ in Keshav Nagar area.
Investors willing to give the imperial touch to their lifestyles cannot miss investing in this elegantly crafted project. All projects are RERA compliant and would prove to be the hallmarks of architecture upon completion.
Affordable Housing in Top-Selling Areas
Pune stands witness to a number of upcoming projects that have been designed to materialize the ambition of affordable housing for all. Authentic real estate brokers can connect you with builders who have properties within your budget at your preferred areas. Pune Pimpri-Chinchwad Metro is projected to be commissioned by 2021s December. Pune real estate properties would get the Midas touch with this rapid transit system.