Is Lodha Palava a good investment?
If the variety of recent years are anything to go by, Pune has been on top of the investment radar for both experienced along with first-time property buyers. Called the Queen of Deccan, this city is witnessing a substantial rise in housing prices. The costs of flats in Pune have risen by significantly since 2017. It gives its residents many modern housing options at relatively low prices and that's why it has changed into a dream for several to buy a home in Pune.
Pune's Real Estate Market
Here's an overview of Pune's property market- the drivers, the existing trends, latest news, upcoming projects and more.
Pune, the second largest city in Maharashtra is regarded as one of many steadiest real estate markets in the country. Experts demonstrate that in 2018 Pune will probably witness a great transformation, with mega projects being planned by leading developers in high-growth clusters. Areas like Wagholi, Mundhwa and Hinjewadi will continue seeing a rise in property in Pune because of their commercial prospects and connectivity options alike. Top builders in Pune are transforming the facial skin of real-estate in Pune.
Types of Property in Pune
A significant buyer segment of the blissful luxury properties in Pune consists of the most truly effective management of IT companies and MNCs, in addition to entrepreneurs and the NRI investors. A better social life, enhanced security, maintenance and modern amenities are a few of the factors which have caused these buyers to shift towards luxury homes in Pune.
In terms of luxury housing goes, the most flourishing areas to get a set in Pune are Kalyani Nagar, Koregaon Park, Magarpatta, Boat Club Road, Prabhat Road, Sahakarnagar, Salisbury Park, Model Colony, Bhosale Nagar, Sopan Baug, Erandawane and the Aundh-Baner corridor.
Luxury apartments in Pune usually come in configurations of 3 & 4BHKs, which are modelled as sky villas, condominiums, independent bungalows and villas. The residences offer exquisite amenities like terrace decks, pool and cabana, lounge and fresco dining, home automation system and in some cases, even a concierge.
Connectivity
As Pune is certainly one of Maharashtra's fastest developing metropolises, it does not have any dearth of transportation and connectivity. Nearly all of Pune's new projects are linked to well-knit roadways, railways and public transports. Its location and proximity to Mumbai is also among the reasons why buyers prefer to buy property in Pune.
Roadways:
National Highway 4 connects Pune to Bangalore, Mumbai and Kolhapur, while NH9 leads to Hyderabad, and NH50 connects it to Nashik.
The Mumbai-Pune Expressway, India's first 6-lane concrete, high-speed road spans a range of 94.5 km and facilitates faster and easier connectivity with Mumbai.
Railways:
Investing in a flat in Pune also comes with the benefit of being linked to most of the major cities in India by the rail network. Local trains connect it to Lonavala and Pimpri-Chinchwad, while the daily express trains link the city to Hyderabad, Kochi, Kanpur, Jammu, Delhi, Mumbai, Bangalore, Howrah, etc.
Airways:
The Pune International Airport at Lohegaon offers domestic flights to all the major cities.
Buses:
With PMPML, you may be assured of excellent transport within the city and the suburbs. The MSRTC also provides buses from main stations in Pune, Swargate and Shivajinagar to prime locations in Maharashtra.
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