Lodha New project Launching at Pune NIBM

If the amounts of recent years are anything to pass by, Pune has been on the surface of the investment radar for both experienced as well as first-time property buyers. Called the Queen of Deccan, this city is witnessing a significant rise in housing prices. The prices of flats in Pune have risen by significantly since 2017. It provides its residents many modern housing options at relatively low prices and that's why it has become a dream for all to buy a house in Pune.

Pune's Real Estate Market

Here's an summary of Pune's real-estate market- the drivers, the present trends, latest news, upcoming projects and more.

Pune, the second largest city in Maharashtra is regarded as being one of the steadiest real estate markets in the country. Experts reveal 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 for their commercial prospects and connectivity options alike. Top builders in Pune are transforming the face area of property in Pune.


Types of Property in Pune

An important buyer segment of the true luxury properties in Pune consists of the very best management of IT companies and MNCs, as well as entrepreneurs and the NRI investors. An improved 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.

So far as luxury housing goes, the most flourishing areas to purchase a flat 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 sometimes, even a concierge.

Connectivity

As Pune is among Maharashtra's fastest developing metropolises, it doesn't have dearth of transportation and connectivity. Most of Pune's new projects are attached to well-knit roadways, railways and public transports. Its location and proximity to Mumbai can also be one of why buyers prefer to invest in a property in Pune.

Roadways:

National Highway 4 connects Pune to Bangalore, Mumbai and Kolhapur, while NH9 contributes to Hyderabad, and NH50 connects it to Nashik.

The Mumbai-Pune Expressway, India's first 6-lane concrete, high-speed road spans a distance of 94.5 km and facilitates faster and easier connectivity with Mumbai.

Railways:

Investing in a flat in Pune also comes with the main benefit of being connected to the majority of the major cities in India by the rail network. Local trains connect it to Lonavala and Pimpri-Chinchwad, whilst the daily express trains link the town 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 can 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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