Is it the right time to buy property in Pune

It is a good time to buy properties in Pune. The scope of IT companies in the city has resulted in a very large inflow of educated people in the city, and that's reason the residential properties in Pune are in high demand. Builder in this city is coming up with new, unique theme. There are many new residential projects in Pune have been launched which offering high life style.

There are five main zones for Residential Investment namely East, West, North, South and Central Pune. The residential properties in these locations have different specialities. But, before buying property in this zone, check the property trends in these different parts of the city.

This zone includes many locations such as Ravet, Talegaon, Pradhikaran, Chinchwad and Chakan. This is in high demand for residential property. Pimpri Chinchwad is known as an industrial hub because of growth of residential development. Viman Nagar is another good location for luxurious residential projects.

This zone includes many locations such as Salisbury Park, Kondhwa, Ambegaon, Katraj, Mohammadwadi, NIBM, Parvati, Warje and Sinhagad Road. In that, Sinhagad, Magarpatta and Ambegaon are the main locations for residential projects and several townships. Kondhwa and Mukund Nagar are the rapidly developing locations whereas Katraj is fast developing because of a lower cost housing destination.

Hinjewadi, Aundh, Bavdhan, Balewadi, Wakad, Baner, Pashan, Pimple- Saudagar and Kothrud are the main real estate markets for properties in West Pune. Kothrud has become one of the most favoured residential areas in Pune attracting many builders to develop their residential projects. Hinjewadi and Aundh are another developed location in Pune with good residential and better infrastructure options for the IT professionals. Baner at proximity to Mumbai-Pune Expressway is the next favoured destination for IT professionals to settle.