What Defines Pune As An Emerging Real Estate Charm in Maharashtra
The real estate landscape of Pune has been marking remarkable heights for the last few years. It is emerging as one of the most popular urban areas in Maharashtra after Mumbai. The city is home to several state-of-the-art real estate projects, many of which are proving milestones in the returns on investments.
Pune brings the best lucrative investment options in the form of top-notch residential as well as commercial properties. Several township projects have pushed for the betterment of social infrastructure and the improvement of regional connectivity.
Pune, the second largest city in Maharashtra, has taken a giant leap from being a sleepy city of retirees into a cosmopolitan hub of working professionals. Thanks to its best-in-class educational and professional sector, this city has become a real contender for real estate investment over its neighbour, Mumbai.
Why Choose Pune For Real Estate Investment?
Real estate investment can be a life-changing decision, and Pune offers a good choice for such wise investors. The city features a robust economy, a rapidly growing population and a promising real estate market.
Let’s check out Pune’s property market landscape, driven by the trends, challenges and, most importantly, golden opportunities that will help you grow.
Pune: A magnet for investment
Pune’s real estate sector has numerous shining stars, such as:
- Firstly, the city is witnessing continuous population growth, driven by IT sector development and education establishments. This means stable demand for residential units, providing investors with an opportunity.
- Secondly, this city is characterised by well-established infrastructure, both in terms of road networks and public transport, as well as the developing metro system. The convenience of living and investing in Pune adds to the attractiveness of the place.
- Ultimately, the government’s focus on affordable housing schemes is offering new markets to investors who are interested in this growing market.
Trends Shaping the Local Market
Affordable Housing Takes Center Stage: The constant requirement for decent and affordable housing is shaping the market. This segment is actively pursued by developers who are launching projects to fit this purpose. This trend allows investors to capitalise on a stable and high-demand market. Some top affordable housing projects, such as VTP Flamante, Kohinoor Westview Reserve, Mantra Mirari, VTP Euphoria Kharadi Pune, etc., are among the favourites for investors.
Rising Smart & Sustainable Living: Pune is witnessing a rise in smart and sustainable housing developments. These properties have energy-saving appliances, rain-water harvesting systems and waste management systems, hence appealing to environmentally conscious buyers and investors.
Fluctuations in Property Prices: Also, like any other market, property prices in Pune are not immune to fluctuations. These can be affected by various factors like economic trends and government policies. As an investor, you must read and plan your investments carefully.
The real estate market of Pune has shown incredible growth over the past few years, alluring investors to make huge investments. In fact, the presence of top educational institutions in the region has thrusted the demand for world-class housing projects.
Which are the top housing properties making waves in Pune? Let’s check out.
Top Residential Projects In Pune
Lodha Belmondo
Picture yourself waking to the Greg Norman-designed golf course of 45 acres just outside your window. Lodha Belmondo will turn your dream into reality. Imagine yourself in a royal 50,000 sq. ft. clubhouse, a spa, a gourmet restaurant, a tennis court, and an amazing 1 km riverside promenade. This resort-style living is just a 2-hour breezy drive away from Mumbai and a short trip from Pune, making it an ideal luxurious permanent residence.
Top Features
- A kilometre-long picturesque promenade along the river
- Located away from the city hustle across a massive 100 acres of lush greenery
- Luxurious abodes on the banks of the Pavana River
- Spacious terraces for maximum privacy and enough space to enjoy
- Just a short drive from Lonavala and Pune
Vilas Javdekar Portia Grande
This residential Pune property for sale is an amazing opportunity for people looking for luxurious 4 BHK apartments in Baner, Pune. These airy spaces embody modern chic, seamlessly balanced between comfort and luxury. Just imagine the large spaces for both family and guests, well-crafted rooms, and staff quarters for a better experience.
Its top location allows quick access to IT hubs, educational institutions and recreation centres, thus combining luxury with connectivity. Targeted facilities like landscaped gardens and a fully-fledged gym will be a plus to your life.
Top Features
- The tallest tower in the region
- Exclusive 2 flats per floor with 24/7 operated lifts
- Tailored luxury amenities for upscale living
- Mumbai Highway – 10 Mins
- Pune International Airport – 17.8 Km
VTP Euphoria
If a dynamic lifestyle in the city is what your expectations of luxury look like, VTP Euphoria in Kharadi, Pune, will fulfil your dream. This project has been announced with lots of hype and has all the amenities of the Pegasus Township. Its location in Kharadi ensures good connectivity to the National Highway and Pune city itself.
Imagine living in the midst of IT hubs like EON IT Park and WTC, with easy connections to shopping malls, cinemas, and restaurants. Select from amongst thoughtfully designed 1, 2 and 3BHK apartments that are characterised by the essence of luxury. The proximity of the station to the metro and the fact that it is close to National Highways make VTP Euphoria 1 BHK flats in Pune for sale a strategic and stylish choice.
Top Features
- Luxurious apartments in a large, well-formed community
- Gated community with advanced security systems
- Five levels of parking and top-class amenities on the podium level
- Better rentals and retail value
- Located in Kharadi with easy access to the World Trade Center, EON IT Park, Commerzone, and Raheja IT Park, among others
Mantra Mirari
If you want an “entirely luxury” experience, then Mantra Mirari is the ideal choice for you. Step into the world of 3, 4, 4.5 BHK homes and 3 BHK sky villas in the Upper Koregaon Park, featuring picture perfect living spaces and multiple luxurious amenities. This project lets you explore an extraordinary life.
Mantra Mirari combines leisure and relaxation with its wide range of luxurious amenities. The upper Koregaon Park area is known for its dense vegetation and for being close to employment zones, schools, healthcare, and entertainment. Immerse yourself in the way of life that sets the boundaries of the supernatural.
Top Features
- Located in the best neighbourhood of Koregaon Park in Pune
- Top amenities include a party lawn, children’s play area, salon, spa, sauna, mini-theatre, etc.
- Top-of-the-line specifications
- Easy access to the best schools, medical facilities, retail spaces, entertainment avenues, and commercial sectors
- A riverfront luxury project with excellent connectivity
Conclusion
Real estate investing in Pune is a promising opportunity for investors. Having proper knowledge of the industry trends and existing challenges, you will be able to open lucrative markets and get the maximum returns.
Don’t forget to equip yourself with enough information before investing and selecting wisely so as to watch your investment grow in the vibrant landscape of the real estate market of Pune.