Do You Have Residential Investment In Mind?
Published on: 15 Sep 2023
Do you have a residential investment in mind? Well, the city is well known for being “the cultural capital of India” and must top your list. But what exactly makes Pune so special? Gradually moving towards exponential growth, this city is slowly redefining everyday urban living in its unique way. With real estate investment opportunities on the rise, Pune’s modern civic infrastructure, lifestyle-friendly conveniences and expansion potential are making this city favoured by countless home-buyers. Here are some quick facts about our beloved city:
Pune is named after a term that means "junction of two rivers" since it is positioned at the intersection of the Mutha and Mula rivers
It has the greatest per capita earnings in India
It is divided into various urban and residential zones to cater to the city's speedy expansion
Surpassing Mumbai, Pune has now become the largest city in Maharashtra
Owing to several other factors, this city continues to attract more investment than other dynamically growing Indian megacities. Let’s find out why.
The fastest emerging city?
One of the fastest-growing cities in terms of education, real estate, and infrastructural developments, Pune is now recognised as a "smart city". As of July 2021, Pune became one of the most populous cities in Maharashtra, thanks to the influx of a cosmopolitan culture that continues to draw Indians & NRIs from all over the world.
Interestingly enough, this city is also home to India's most notable start-up hubs, with over 400 Indian start-up companies setting base in Pune. In terms of real estate development, several developers and builders are undertaking projects to accommodate Pune’s rapidly growing population. This has brought innumerable benefits for the home-seeker looking for a destination to build an ideal home.
What is so unique about the weather?
Metropolitan cities like Mumbai, Bangalore & Delhi are among the few cities in India that witness excessive weather conditions. Pune, on the other hand, appears to tackle climate change very well. Regular monsoons make the city highly livable, with the temperature being neither unbearably humid nor freezing. Enjoyable at any time of the year, summers are manageable, and winters are simply pleasant. Thanks to its abundant greenery, Pune welcomes pleasing weather all year.
Ideal for education & work?
Pune is home to a large number of regional and globally acclaimed educational institutions. Attracting the younger demographic from all corners of the world, Pune has transformed into the ideal location for anyone wishing to pursue further studies.
This metropolitan city has retained most of its visitors, thanks to many of Pune’s present IT and industrial hotspots, with an abundance of career options to choose from. Tech hubs located in Hinjewadi, Magarpatta, Aundh, and Kharadi are steadily increasing the demand for real estate investments for stay-at-home families as well as working professionals.
What are some great places to visit?
Seasonal hikers love to visit the forts and trekking spots in Pune during monsoons. Even for the non-sport enthusiasts, the city offers picturesque spots like the Shaniwarwada, Aga Khan Palace & the Sinhagad fort, while the religious can visit the famous Dagdusheth Halwai Ganpati Temple.
Hill stations such as Mahabaleshwar, Matheran, and Lavasa are only a few hours away from this city, while spots such as Konkan and Alibaug provide for great weekend escapes. Home to India’s most stunning and eye-catching architecture, Pune has a little to offer to each visitor & every home-seeker.
What about investment opportunities?
An attractive location because of its proximity, ongoing infrastructural provisions, and well-developed services, residential spaces all around Pune are built for the ideal family, giving it a rather homely appeal. The residences offer an array of comfortable living and urban lifestyles, with access to all modern-day luxuries like shopping stores, well-connected highways, quick transportation, healthcare centres, offices, and schools. The rate at which this city's social infrastructure and economic base are improving appears to promise future prosperity that will surely attract investors. Many developers are launching innovative residential units that are both economical and inexpensive. Pune, without a doubt, is the most livable city in the world!
With massive upscale development in recent times, Pune has all the attributes suitable for long-term investment. With living in Pune - or anyone connected to the city in any way - good news will be just around the corner!
If you wish to find your ideal home in this city, cherished by many, reach out to Estatemint. Our knowledge of the most recent trends, market information, and emerging residential opportunities will certainly guide you to your dream home!
Contact us through our website today.
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EstateMint is one of the leading Real Estate, and finance consulting firm having its operations in Pune. EstateMint’s strength is based on years of expertise in Real Estate and Digital Marketing with their cutting edge technology platforms and research tools which deliver the rich knowledge in the field of Real Estate and empower customers to make informed decisions.
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