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Pune, the city which was once the Pensioner’s Paradise for the retired population of Maharashtra is now back and growing with a bang in the real estate sector. It has gone through a complete overhaul in the past few years. New infrastructure along with a well-developed transport facility has added to the city’s state-of-the-art infrastructure. Three boosters that induced favorable growth to the city’s real estate development are – • Growth of IT industry. • Expansion of organized retail sector. • Evolving demographics across Pune. There is an increased demand of the commercial constructions more than residential spaces in the central business district of Pune. While consistency is maintained in the residential market, deluxe properties have seen the maximum upsurge. The city has also observed a huge number of footfalls from the NRIs and professionals across countries, adding to a steady growth in the property market. The Municipal Corporations has taken a number of initiatives to give the residents an easy access to water supply and other civic utilities. Upcoming metro network and highway projects have fueled the rea estate growth. Due to intense industrial development, employment opportunities in manufacturing sector, and a diversified education sector, the rental market of Pune is also doing well. The market has recorded a positive growth with 70% of the areas clocking in a rise in the value of the rental properties. New Launches Location and price of the property are the most important things to consider before investing in a property, experts say so and they are actually right! You have a range of options in Pune to choose from. Ranging from 1 BHK apartments to big independent houses and villas, Pune is a leader on realty front. The city has witnessed launch of a number of projects. Let’s have a look at a few such new projects – Indrayani Vatika Indrayani Vatika is an ultramodern residential property being developed by the reputed builder Sanskruti Developers, and is the architectural venture of Dnyaneshwar Biradar (Plus One Designer). Constructed with the modern technologies, the project is all set to stir the property market of Dehu, Pune. Invest in these 1 and 2 BHK spacious flats, which are available in a price bracket of Rs. 21 – 31 Lac. The project comprises of 3 residential towers, each with 8 floors. Properties here have an area range of 601 - 887 Sq. Ft. Possession of these 80 residential units is due in September 2018. Nyati Elan Nyati Group launches its new residential project named Nyati Elan, which brings in 1 BHK, 2 BHK and 3 BHK apartments. Offering all types of modern day amenities, Nyati Elan is spread across an area of 40 acres in Wagholi. These are affordable homes which are available in the configurations of 1 BHK, 2 BHK and 3 BHK apartments. The homes have an area range of 629 - 1689 Sq. Ft. and are priced between Rs. 28 – 74 Lac. It’s a ready to move in project.
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Indrayani Vatika, Indrayani Vatika Pune,
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