Pune vs Mumbai: Battle for Commercial Real Estate

The Indian commercial real estate market is torpedoing ahead, and two places where this is truly evident are Mumbai and Pune. Two of the heavyweights in Maharashtra, both of these cities make excellent choices when it comes to commercial real estate. With both matching heels, finding the right one for your commercial success can be a chore.

So, we have dived down into the nitty-gritty of things and brought out the real winner of the bunch. Let’s find out which of these two megacities steals the crown for commercial real estate.

While Mumbai is no doubt one of India’s megacities, even more widely beloved than the NCR, Pune offers a more quaint urban experience. With the perfect blend of rustic charm and urban modernity, the city brings on a more laid-back life.

In contrast, Mumbai brings out a more high-octane lifestyle that requires adaptability to thrive. And with the cutthroat Mumbai market, finding the right commercial property in the right place can be a real challenge.

Mumbai is notorious for its traffic. There is no denying that! From plying buses on narrow streets to incoming waves of autorickshaws, the traffic can be an absolute nightmare for many.

Compare that with Pune, and you have expansive highways connecting major urban pockets of the city, and free-flowing traffic can make it a more suitable option for your commercial property.

The real estate prices in Mumbai are the highest in the country. And with properties touching over a hundred crore in affluent areas of Mumbai, setting up shop can be a distant dream for many. With no stagger in the price hike in sight, commercial property in Mumbai is too hot to touch.

Swooping in Pune to save the day. With massive infrastructure boosts in recent years, Pune has been able to successfully woo in more investments in the commercial sector. Commercial properties in Pune are still on the affordable side and it brings on a huge demand in the sector. From IT parks to supermarkets, the city has been able to expand a lot.

Mumbai’s weather is the stuff of legends, and that too not the good kind. Leaky ceilings and waterlogged streets are more common than you'd like, and the Arabian Sea makes the weather even more unpredictable.

Pune, with its relatively mild and pleasant climate, lets you focus on getting business, not on finding the nearest umbrella.

The US might have Silicon Valley, but we have Pune. Our very own IT paradise. IT companies and tech startups are flourishing across the city, and some are even relocating bases from Mumbai to cut down on cost. It's not just about finding the right commercial property; it's about being at the heart of the action.

Pune is not just a contender in the commercial real estate battle; it's also the future way forward. With a rapidly growing economy and expanding infrastructure, the city is making waves in the commercial real estate scene.

So, if you're looking to invest in commercial property, Pune is the place to be. Mumbai may have the fame, but Pune has the game!

Report this Page