Hyperactive Property Market of Pune Fetches Exceptional Response from Homebuyers
by Mohit Sharma Online MarketingPune is considered to be a perfect
mix of cosmopolitan living and traditional world charm and tops the chart of
the young homebuyers’ preferences. Having a booming property market and
extensive demands from the buyers, Pune property
market offers great returns and a remarkable annual capital value appreciation.
Market watchers believe that Pune has subsequently become a favorite city of
the investors, after increased population and higher capital values in Mumbai.
Rapid urbanization in the city
has led to an obvious expansion of the city and a number of localities are
coming up as potential options for the homebuyers. The main decisive factor which
determines the fate of any locality for realty investment is its location. Pune is a city which has offered a range of employment
opportunities, making it a standalone economic powerhouse of the western India.
Pune is now a hub for corporate activities and houses a number of renowned
educational institutions.
Talking about the commercial
property market, a strong leasing activity has been observed in Pune’s office
segment. Besides, extensive infrastructure developments are expected to provide
a much required thrust to the residential real estate market as well. Pune
property market post demonetization has witnessed implementation of a range of
initiatives taken by government. Homebuyers and investors can expect better
market scenario on the residential real estate front in the near future.
New Launches
Builders are taking every
opportunity to make most out of the projects being launched. A plethora of new
residential projects are lined up in the locality and the builders are offering
the best of amenities at highly competitive prices. City outskirts are also
been developed to accommodate the growing population of the city, and have
received and overwhelming response from the buyers. These newly developed
suburbs are expected to serve the likes of a number of homebuyers of Pune. Take
a look at two such residential projects there.
Saptsiddhi Savali Homes
Sugee Group has launched a new
project named Saptsiddhi Savali Homes in the highly promising locality of Uruli
Devachi, Pune. The project brings in the best in class amenities in its
thoughtfully designed 1 – 3 BHK apartments. Saptsiddhi Savali Homes is a
quality residential cum commercial development sprawled over 4 acres of land.
The project has 6 residential towers, each having 12 floors and offers homes
available in the price bracket of Rs. 25 - 45 Lac. It is a ready to move in
project with 311 units for sale. Saptsiddhi Savali Homes is an architectural
venture of the renowned architect Shailesh Salehittal.
Renuka Gulmohar Phase 2
Under branding of Renuka
Constructions, Pimpri Chinchwad, Pune is all set to welcome a new project named
Renuka Gulmohar Phase 2. It is a thoughtfully designed aesthetic residential
project, offering 1 - 3 BHK quality apartments. Price bracket of these homes is
Rs. 45 - 96 Lac and the available area range is 514 - 1561 sq. ft. Renuka
Gulmohar Phase 2 is spread across 4 acres, offering 266 units on sale.
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