Dazzling housing development

If market trends are some indicator, it is evident that the Pune real estate market is bound to show significant development in the Close to future. According to the latest Knight Frank Investment Advisory Report 2012, Pune is one of the top five Indian cities to invest in “it shares space with other prime cities such as Mumbai/Delhi/Bangalore/and Chennai. Prestige song of the south Bangalore The report states that Pune has four prime investment destinations, thus making it the city with maximum potential for an investment in residential property. These four destinations include "Tathawade/Ravet/Hinjewadi/ and Wakad. There are several leading real estate developers presenting a alternative of one/three and two bedroom flat for sale in Pune around these regions. 

The report as well as states that as has been the case in the past, the three sectors of IT/ITES, automobile and engineering have cumulatively generated maximum employment and investment in Pune. 

Here are some other interesting facts presented by the report:

 Since 2007, Pune has witnessed the launch of 2, 00,301 units of which 1, 54,874 units have been absorbed until the third quarter of 2012.

Thirty-three percent of under construction units are located in west Pune and twenty-eight percent of under construction units are located in east Pune. 

 In premium localities such as Hinjewadi and its immediate vicinity, prices could raise by 100% between 2012 to 2017

 the report as well as states that the real estate market will be mainly driven by employment development and infrastructure development.

Considering the observations made in this report, it is evident that though the development of Pune is on the right track currently, the city could witness unprecedented development after five years or so when some big ticket infrastructure projects become operational. From a real estate investor’s point of view, these few years are the best time to invest in Pune, as property rates could soar after a few years. Even in the Close to future, development in Pune would be mainly attributed to the IT and ITES sector and the manufacturing sector. Prestige song of the south Bangalore  While there is immense scope for investment in residential three bedroom and two bedrooms flat for sale in Pune, the commercial property sector as well as holds promise. For instance, in the next few years the Eastern side of Pune that mainly includes Hadapsar/Kharadi/Kalyani Nagar/ Magarpatta City and Nagar Road will see the addition of nine million Square feet. naturally; there will be a parallel demand for residential spaces in these regions as employment will be generated through the commercial spaces. Three and two bedroom flats in Pune are the most in-demand properties.  Owing to the continuous development of Hinjewadi, destinations such as Pashan/Bavdhan/and Baner are considered to be preferred residential localities. There is a wide alternative of three and two bedroom flats in Pune here. Pune holds potential in employment good chances and as well as in investment in the Pune real estate market. Thus, this is the right time to look for residential properties such as three bedroom and two bedrooms flat for sale in Pune/row homes/and flats in residential societies.