Real estate market in Pune seems to be a stable market now a days.
Q: The cost of properties in Pune seems to be stable for last few quarters. Is there any possibilities that the price of the apartments in Pune may reduce in near future?
The main reason of a stable real estate market in Pune is the growth in IT industry as well as the less number of new launch project. We all know that the clearance procedure in Pune takes more time than any other part of India. Hence it takes time for new launches in real Estate in Pune.