How is the real estate in Pune?

Q: How is the current real estate sector in Pune? Does it have any good demand? Is it wise to invest here?

Shweta Salunkhe, Pune

11th February 2013

Investment Advice in Pune

properties in pune

apartments in pune

pune real estate

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Post-Covid, the commercial real estate market is bouncing back with robust growth. Real estate players like Raviraj reality have introduced path-breaking commercial real estate projects like West Avenue in Pune city.
and West Avenue is located at the heart of Pune city i.e Bremen Chowk.

Vikrant Raheja,

28th September 2022

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Hi wasim, I am native of Hinjewadi and few project that I would like to suggest you:

1. Kolte Patil Life Republic
2. Paranjape Blue Ridge
3. Marvel Bounty

Wasim Mohammad, Pune

24th September 2015

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Thanks Patil for providing great information . can you suggest few project which is best from your point of view. I am looking for ready to moves project in Pune? Please suggest me

Thanks

Wasim Mohammad, Pune

24th September 2015

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Is Pune is one of the Top IT Investment zones in India? If yes then what is the reason behind continuous growth in real estate market?

Wasim Mohammad, Pune

23rd September 2015

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Employment opportunities, growth in retail space and improvement in infrastructure have been the primary drivers for emergence of IT investment zones in India. IT industry in the country is indicating an unprecedented growth in the IT and ITeS led real estate growth corridors.

Rakesh, Bangalore

23rd September 2015

Hi Wasim, I would like to share my experience with you guys!! Real estate growth in Pune is driven by IT development across most parts. Central Pune is the oldest part of Pune and over the years, East and West Pune have emerged as the IT destinations.

Nitesh Patil, Pune

23rd September 2015

Thanks patel, I really appreciate your thought in terms of Pune growth potential.I am happy if you tell me which among the emerging localities in Pune for investment prospect?

Wasim Mohammad, Pune

23rd September 2015

Hi, As per my knowledge the emerging localities include Pimpri Chinchwad Municipal Corporation (PCMC), Aundh, Baner, Pashan and Wakad. Presence of IT companies, strong social infrastructure, retail market and proximity to airport has resulted in East Bangalore emerging as one of the preferred residential hubs. Magarpatta Cyber City, Kalyani Nagar and Ranjangaon are some of the localities driving demand in East Bangalore. While, West Pune is primarily driven by the IT hubs and SEZ concentration in Hinjewadi.

Nitesh Patil, Pune

23rd September 2015

Pune West is one of the sought after areas in the city due to the proximity to Hinjewadi IT Park and the industrial hub of Pimpri Chinchwad. The rates per sqft in this locality have gone up by 20%. Some of the developers have reduced the ticket size of 2BHK apartments from 1,200-1,250 sq ft to 900-950 sq ft while keeping prices attractive for buyers.

Suraj Kalled, Pune

13th February 2013

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Most popular real estate destinations in Pune West like Hinjewadi, Wakad, Nilak and Saudagar saw a drop in demand for new properties.
Most developers are launching new 2 BHK apartments in Pune at a price range of Rs 65 lakh to Rs 70 lakh. However, buyers mostly have a budget of Rs 50-60 lakh. The same situation is seen in case of 1 BHK apartments where Rs 30-35 lakh is the average price while buyers have budget of Rs 20-25 lakh.

Piyush Khoche, Pune

13th February 2013

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Real estate in Pune has seen a largely stable price trend over the past 5-6 months. As per reports by Cushman & Wakefield, it has mentioned that through out 2012, Pune witnessed a substantial increase in launches.
However, the last quarter witnessed a fall of approximately 60 percent in number of unit of launches as compared to previous quarter. The main reason they cited is due to the developers becoming cautious of building of high inventories with no demand.

Sunil Kulkarni, Pune

13th February 2013

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With the piling up properties in Pune, there is a good number of options for buyers to choose from.
These inventories which have been piling up for a while also give the buyers an opportunity to bargain and get lucky with their dream homes.

Aarti Bal Pathak, Pune

13th February 2013

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