Lodha New project Launching at Pune NIBM

If the numbers of the past few years are anything to go by, Pune has been on the top of investment radar for both experienced as well as first-time property buyers. Referred to as the Queen of Deccan, this city is witnessing an important rise in housing prices. The costs of flats in Pune have risen by significantly since 2017. It provides its residents many modern housing options at relatively low prices and this is exactly why it has become a dream for most to purchase a house 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 considered to be one of the steadiest real estate markets in the country. Experts reveal that in 2018 Pune will witness a good 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 due to their commercial prospects and connectivity options alike. Top builders in Pune are transforming the face area of real estate in Pune.


Kinds of Property in Pune

A significant buyer segment of the luxury properties in Pune consists of the most effective management of IT companies and MNCs, as well as entrepreneurs and the NRI investors. A much better social life, enhanced security, maintenance and modern amenities are some of the factors which have caused these buyers to shift towards luxury homes in Pune.

So far as luxury housing goes, probably the most flourishing areas to buy 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 instances, 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 connected to well-knit roadways, railways and public transports. Its location and proximity to Mumbai can also be among the reasons why buyers choose to buy 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:

Buying a flat in Pune also is sold with the main benefit of being attached to the majority 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 or any the major cities.

Buses:

With PMPML, you can be assured of excellent transport within the town and the suburbs. The MSRTC also provides buses from main stations in Pune, Swargate and Shivajinagar to prime locations in Maharashtra.

Click here www.thelodha.com to get more information about Lodha Nibm Pune.