Pune property is located very near to Mumbai’s border. It has good pleasant climate and well developed urban area. The development in the automobile industries and IT sector is the major reason for the increased prices of the properties in Pune.
Pune Property and Real Estate:
The residential real estate segment is rapidly growing and so is the commercial segment. The rates of the still properties are growing tremendously every day. As a result we see many people investing in the real estate for getting maximum return benefits. There are large numbers of luxurious apartments in Dhanori and Dapodi in Pune on sale as a business center. Investors are expanding their vision and investing in the business of real estate in Pune city.
The residential apartments have been started to increase from the Western end of the city at Hinjewadi due to the development of IT park. The prices in the neighboring areas like Wakad, Balewadi, Bhugaon, Aundh have increased tremendously in recent few years.
The per square feet prices of the properties near the IT park in Pune are around Rs.4000 to Rs.5000/sq. ft. Few months back it was around Rs.3000 - Rs.4000 per square feet. City is also expanding from the South east side. Kondhwa is rapidly increasing in terms of infrastructure.
The rumble in the real estate in pune will keep on increasing due to the invention of newer technologies every day. Renting a flat has also become costlier in Pune now-a-days.
