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Pune real estate in 2013

Q: How will be Real estate in Pune in 2013? Any area in particular, anyone would suggest for investment purpose?
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1
The price appreciation of properties in Pune is going to be slightly high compared to last year. An average appreciation of 12-15% is forecasted for 2013. In 2012, average price rise for residential properties in Pune was 12%.
Out of total sales that was made in 2012, Kondhwa, Hinjewadi and Undri saw sales of 40%. However, number of new properties launched in Pune saw a drop.Eastern corridor including Koregaon Park, Kalyaninagar, Vimannagar and Boat Club Road saw more supply in units in 2012.
Joydeep D


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